NOT LISTED FOR SALE

20842 East Dr Unit 521 Rehoboth Beach, DE 19971

Estimated Value: $402,000 - $492,000

1 Bed
1.5 Baths
865 Sq Ft
$350/mo HOA Fee

Last Sold August 18, 2020

Last sale price $279,000 $323 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,774/month

169 Days on Market

Highlights

  • Water Oriented
  • Pond View
  • Community Lake
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Contemporary Architecture

About This Home

As of August 2020

Back on market! First floor easy access Spring Lake Condo that is super energy-efficient & has enough space to satisfy . End unit means more windows & more natural light. Southern-facing rear patio overlooks the pond & outdoor covered entry with wrought iron bench allows you to enjoy some of the communities many open spaces. Walk in to an entry area with hall close and storage, updated galley kitchen with cream painted cabinetry and breakfast bar. The entire living and kitchen area features neutral-colored ceramic tile & paint color. Living room features a woodburning fireplace, couch & chairs, table/desk and a windowed door to patio. Master bedroom with additional water views & updated bathroom with tile walkin shower & closet. Outdoor storage large enough for bikes located just outside unit . Sold partially furnished. This location is ideal for nature enthusiasts - Spring Lake abuts Thompson Island Preserve Trail and the Atlantic Ocean and Rehoboth Beach boardwalk are a short distance. The community pool with showers and extended summer hours is a short walk from this condo. Look no further for your beach getaway. *Renter will be out 7/22* 48 Hour Notice Appreciated.

Last Agent to Sell the Property

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 01/31/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

PATRICIA COLUZZI

(302) 249-7878 pat.coluzzi@oasir.net Monument Sotheby's International Realty License #RS-0022283

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1989 | Remodeled in 2011

Lot Details

  • Waterfront
  • 1 Common Wall
  • North Facing Home
  • Stone Retaining Walls
  • Property is in good condition

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 865 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Pond Views

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.00-1.00-521

Community Details

Overview

  • $168 Recreation Fee
  • $350 Capital Contribution Fee
  • Association fees include exterior building maintenance, common area maintenance, insurance, high speed internet, pool(s), reserve funds, trash
  • Marianne Petillo HOA
  • Low-Rise Condominium
  • Spring Lake Subdivision
  • Community Lake

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,181

Year Built

Built in 1989 | Remodeled in 2011

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • Inclusions: See List of Inclusions
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-01-31
  • Federal Flood Zone: No
  • Year Built: 1989
  • Year Renovated: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: Back on market! First floor easy access Spring Lake Condo that is super energy-efficient & has enough space to satisfy . End unit means more windows & more natural light. Southern-facing rear patio overlooks the pond & outdoor covered entry with wrought iron bench allows you to enjoy some of the communities many open spaces. Walk in to an entry area with hall close and storage, updated galley kitchen with cream painted cabinetry and breakfast bar. The entire living and kitchen area features neutral-colored ceramic tile & paint color. Living room features a woodburning fireplace, couch & chairs, table/desk and a windowed door to patio. Master bedroom with additional water views & updated bathroom with tile walkin shower & closet. Outdoor storage large enough for bikes located just outside unit . Sold partially furnished. This location is ideal for nature enthusiasts - Spring Lake abuts Thompson Island Preserve Trail and the Atlantic Ocean and Rehoboth Beach boardwalk are a short distance. The community pool with showers and extended summer hours is a short walk from this condo. Look no further for your beach getaway. *Renter will be out 7/22* 48 Hour Notice Appreciated.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Energy Efficient Appliances, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Galley, Upgraded Countertops
  • Window Features: Double Pane, Energy Efficient
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Room Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 865
  • Living Area Sq Ft: 865
  • Price Per Sq Ft: 322.54
  • Above Grade Finished Sq Ft: 865
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20842

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Glass, Hardiplank Type, Stick Built
  • Exterior Features: Exterior Lighting, Sidewalks, Stone Retaining Walls
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 75
  • Previous Twelve Months Electric Expense: 900.00
  • Heating Fuel: Electric
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1050.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking, Lake
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Insurance, High Speed Internet, Pool(s), Reserve Funds, Trash
  • HOA Name: MARIANNE PETILLO
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 168.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Concrete, Fenced, Filtered, In Ground

Fee Information

  • Capital Contribution Fee: 350.00

Schools

  • School District: CAPE HENLOPEN
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Pond
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 1069.00
  • Tax Annual Amount: 1181.00
  • Assessor Parcel Number: 334-20.00-1.00-521
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/18/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $279,000 0.0% $323 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $279,000 -3.5% $323 / Sq Ft
03/05/2020 03/05/20 Price Changed $289,000 -2.0% $334 / Sq Ft
01/31/2020 01/31/20 For Sale $295,000 -- $341 / 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
2025 $1,152 $25,150 $0 $25,150
2024 $1,637 $25,150 $0 $25,150
2023 $1,636 $25,150 $0 $25,150
2022 $1,590 $25,150 $0 $25,150
2021 $1,578 $25,150 $0 $25,150
2020 $1,181 $25,150 $0 $25,150
2019 $1,554 $25,150 $0 $25,150
2018 $1,175 $26,750 $0 $0
2017 $1,125 $26,750 $0 $0
2016 $1,077 $26,750 $0 $0
2015 $1,029 $26,750 $0 $0
2014 $1,022 $26,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154698

Bright MLS

APN: 334-20.00-1.00-521