NOT LISTED FOR SALE

20816 Spring Lake Dr Unit 419 Rehoboth Beach, DE 19971

Estimated Value: $589,000 - $695,502

3 Beds
3 Baths
1,500 Sq Ft
$436/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $305,000 $203 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,138/month

74 Days on Market

Highlights

  • Private Pool
  • Lake View
  • Wood Burning Stove
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Partially Wooded Lot

About This Home

As of July 2016

One of the best pond views on the market! This 3 bedroom and 3 bathroom end unit town house has been freshly updated with paint and carpet. Features included a first floor master bedroom with private bathroom and private patio. A large rear patio is perfect to take in the beautiful views of the lake. The spacious, open concept living room and dining room with wood burning fireplace, kitchen with breakfast bar, a guest bedroom, full bathroom and laundry room complete the first floor. The second floor loft offers a large bedroom and another full bathroom. A private outdoor shower is perfect after a day at the beach. Bike to beach or downtown Rehoboth. The community offers an outdoor pool and plenty of parking. This home comes with a storage unit great for beach gear or bikes. Don't delay - schedule a tour today and be in by the summer! - NOTE: SELLER TO PAY ALL SPECIAL ASSESSMENTS CURRENTLY IN PLACE FOR BUYER AT CLOSING.

Last Agent to Sell the Property

Rhonda Lerner

Long & Foster Real Estate, Inc. Listed on: 04/18/2016

Co-Listed By

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Last Buyer's Agent

CHARLES HELMER

Jack Lingo - Rehoboth License #RS-0020595

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Partially Wooded Lot

HOA Fees

  • $362 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near a pond
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-1.00-419

Community Details

Overview

  • Spring Lake Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,792

Year Built

Built in 1986

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1986
  • Remarks Public: One of the best pond views on the market! This 3 bedroom and 3 bathroom end unit town house has been freshly updated with paint and carpet. Features included a first floor master bedroom with private bathroom and private patio. A large rear patio is perfect to take in the beautiful views of the lake. The spacious, open concept living room and dining room with wood burning fireplace, kitchen with breakfast bar, a guest bedroom, full bathroom and laundry room complete the first floor. The second floor loft offers a large bedroom and another full bathroom. A private outdoor shower is perfect after a day at the beach. Bike to beach or downtown Rehoboth. The community offers an outdoor pool and plenty of parking. This home comes with a storage unit great for beach gear or bikes. Don't delay - schedule a tour today and be in by the summer! - NOTE: SELLER TO PAY ALL SPECIAL ASSESSMENTS CURRENTLY IN PLACE FOR BUYER AT CLOSING.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Net Sq Ft: 1500.00
  • Price Per Sq Ft: 233.27
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20816

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Paved Driveway
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 4348.00
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Partly Wooded
  • Lot Size Units: Acres
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202078
  • Assessor Parcel Number: 334-20.00-1.00-419
  • County Tax Payment Frequency: Annually
  • Close Date: 07/29/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 1, 2016
Sold by
Heller Fredericka S and Heller Richard G
Bought by
Deborah C Kostakos Revocable Trust
Seller's Agent
Rhonda Lerner
Long & Foster Real Estate, Inc.
Buyer's Agent
CHARLES HELMER
Jack Lingo - Rehoboth
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Current Estimated Value
$653,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,626
Avg. Annual Appreciation
9.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deborah C Kostakos Revocable Trust $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deborah C Kostakos Ret $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $305,000 -12.8% $203 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $349,900 -- $233 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,792 $25,750 $0 $25,750
2023 $1,791 $25,750 $0 $25,750
2022 $1,740 $25,750 $0 $25,750
2021 $1,727 $25,750 $0 $25,750
2020 $1,721 $25,750 $0 $25,750
2019 $1,702 $25,750 $0 $25,750
2018 $1,313 $29,900 $0 $0
2017 $1,257 $29,900 $0 $0
2016 $1,203 $29,900 $0 $0
2015 $1,150 $29,900 $0 $0
2014 $1,141 $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015734

Bright MLS

APN: 334-20.00-1.00-419