NOT LISTED FOR SALE

20862 Spring Lake Dr Unit 321 Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated Value: $604,650

2 Beds
2 Baths
1,200 Sq Ft
6,795 Sq Ft Lot

Sale Details

Date Sold: February 7, 2020

Last sale price $365,000 $304 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,523 / mo

Highlights

  • View of Trees or Woods
  • Deck
  • Pond
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Backs to Trees or Woods

About This Home

As of February 2020

Recently remodeled 2 BR/2 BA condo in Spring Lake, close to beaches and shopping. Community pool can be utilized by tenant. Rented fully furnished.

Last Agent to Rent the Property

PATRICIA RATNER

(302) 227-6101 rehoboth@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/07/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Renter's Agent

Donna DiLuzio

donna@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1977 | Remodeled in 2018

Lot Details

  • Backs to Trees or Woods
  • Property is in very good condition

Property Views

  • Pond
  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Double Hung Windows
  • Casement Windows
  • Sliding Doors
  • Insulated Doors
  • Combination Kitchen and Living
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Pond
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,450
  • Tenant pays for electricity, cable TV
  • Rent includes water, sewer
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 2/15/20
  • $50 Application Fee
  • Assessor Parcel Number 334-20.00-1.00-321

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Community
  • Spring Lake Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1977 | Remodeled in 2018

Lot Details

6,795 Sq Ft Lot

Rental Info

  • Date Available: 2020-02-15
  • Application Fee: 50.00
  • Furnished: Yes
  • Pets Allowed: No
  • Rent Includes: Water, Sewer
  • Security Deposit: 1450.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1977
  • Year Renovated: 2018
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Living, Kitchen - Eat-In
  • Window Features: Skylights, Casement, Double Hung
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Insulated
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 1.21
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Backs To Trees, Pond
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: HR-2

Tax Info

  • Assessor Parcel Number: 5202056
  • Assessor Parcel Number: 334-20.00-1.00-321

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Mar 27, 2018
Sold by
Hager Glen and Hager Barbara
Bought by
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$339,900
Sold Price
$317,000
Premium/Discount to List
-$22,900
-6.74%
Current Estimated Value
$604,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,650
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
May 17, 2013
Sold by
Smiley Joan E and Kloner Wendy B
Bought by
Hager Glen and Hager Barbara
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rehoboth Beach, DE

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$317,000 --
Hager Glen $263,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2020 02/11/20 Rented $1,450 -99.6% --
02/10/2020 02/10/20 Under Contract -- -- --
02/07/2020 02/07/20 Sold $365,000 0.0% $304 / Sq Ft View Prior Sale
02/07/2020 02/07/20 For Rent $1,450 0.0% --
01/10/2020 01/10/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $390,000 +23.0% $325 / Sq Ft
03/27/2018 03/27/18 Sold $317,000 -3.9% $264 / Sq Ft View Prior Sale
02/03/2018 02/03/18 Pending -- -- --
10/12/2017 10/12/17 Price Changed $329,900 -2.9% $275 / Sq Ft
09/01/2017 09/01/17 For Sale $339,900 -- $283 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,313 $20,750 $0 $20,750
2024 $1,622 $20,750 $0 $20,750
2023 $1,621 $20,750 $0 $20,750
2022 $1,576 $20,750 $0 $20,750
2021 $1,564 $20,750 $0 $20,750
2020 $1,242 $20,750 $0 $20,750
2019 $1,540 $20,750 $0 $20,750
2018 $1,162 $26,450 $0 $0
2017 $1,112 $26,450 $0 $0
2016 $1,065 $26,450 $0 $0
2015 $1,018 $26,450 $0 $0
2014 $1,011 $26,450 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU154760

Bright MLS

APN: 334-20.00-1.00-321

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