Seller's Agent in 2023
Kimberly Martin
Creig Northrop Team of Long & Foster
(302) 381-5258
9 in this area
29 Total Sales
20942 Spring Lake Dr Unit 220 Rehoboth Beach, DE 19971
Estimated Value: $536,000 - $621,000
2
Beds
2.5
Baths
1,251
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Lake View
- Coastal Architecture
- Vaulted Ceiling
- Rehoboth Elementary School Rated A
- Pond
- Loft
About This Home
As of January 2023Beautiful well maintained two bedroom, two and a half bath townhome with a bonus loft located in the highly sought-after community of Spring Lake! Conveniently located across the street from the Thompson Island walking trail and within walking distance of downtown Rehoboth Beach, a great location to all that coastal life has to offer. Enjoy an updated kitchen with crisp white cabinets contrasted striking charcoal quartz countertops and a bi-level breakfast bar for casual meals. Transition from the dining area into the living room with a cozy gas fireplace framed by transom windows and glass sliding doors offering views of mature trees. This unit has two patios, one in the front with a secure locker and outside shower and one in the back. In season, the rear patio is the perfect place to enjoy morning coffee or an evening libation while overlooking the tranquil pond. Travel upstairs to the second floor hosting a primary bedroom with a gas fireplace, a soaring vaulted ceiling, private balcony and ensuite bath. The second bedroom is spacious and highlighted by its own private balcony and generous closet space. The third level loft has modern plank flooring and beadboard walls, an ideal playroom or even a home office. Spring Lake listings are rare so don’t miss your chance to own a great home in this perfect beach location! Note: there is a 1 month minimum for rentals in this phase of the community. Make an appointment for your private showing today.
Last Agent to Sell the Property
(302) 381-5258 kim_martin@comcast.net Northrop Realty Listed on: 01/05/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,462
Year Built
- Built in 1982
Lot Details
- Open Space
- Backs To Open Common Area
- Landscaped
- Sprinkler System
- Back and Front Yard
HOA Fees
- $407 Monthly HOA Fees
Property Views
- Lake
- Garden
Home Design
- Coastal Architecture
- Contemporary Architecture
- Entry on the 1st floor
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 1,251 Sq Ft Home
- Property has 2 Levels
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Sliding Doors
- Insulated Doors
- Living Room
- Dining Room
- Open Floorplan
- Loft
- Crawl Space
- Attic Fan
Kitchen
- Breakfast Area or Nook
- Electric Oven or Range
- Self-Cleaning Oven
- Range Hood
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- Shared Driveway
- Paved Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Pond
- Multiple Balconies
- Patio
Schools
- Cape Henlopen High School
Utilities
- Heat Pump System
- Vented Exhaust Fan
- Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-20.00-1.00-220
Community Details
Overview
- $1,267 Capital Contribution Fee
- Association fees include trash, snow removal, common area maintenance, exterior building maintenance, lawn maintenance, management, pest control, pool(s)
- $700 Other One-Time Fees
- Spring Lake Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2023
Closed on
Jan 22, 2023
Sold by
Miller Timothy John
Bought by
Mccoy Lucas James
Seller's Agent
Kimberly Martin
Northrop Realty
Buyer's Agent
Lucas McCoy
Douglas Realty, LLC
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,180
Avg. Annual Appreciation
2.68%
Purchase Details
Closed on
Apr 20, 2021
Sold by
Donahue Daniel J
Bought by
Donahue Daniel J and Miller Timothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccoy Lucas James | $550,000 | -- | |
| Mccoy Lucas James | $550,000 | None Listed On Document | |
| Donahue Daniel J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Donahue Daniel J | $285,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $550,000 | +4.8% | $440 / Sq Ft |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- |
| 01/05/2023 01/05/23 | For Sale | $525,000 | -- | $420 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,407 | $25,250 | $0 | $25,250 |
| 2024 | $1,834 | $25,250 | $0 | $25,250 |
| 2023 | $1,833 | $25,250 | $0 | $25,250 |
| 2022 | $1,780 | $25,250 | $0 | $25,250 |
| 2021 | $1,767 | $25,250 | $0 | $25,250 |
| 2020 | $1,761 | $25,250 | $0 | $25,250 |
| 2019 | $1,742 | $25,250 | $0 | $25,250 |
| 2018 | $1,350 | $30,750 | $0 | $0 |
| 2017 | $1,293 | $30,750 | $0 | $0 |
| 2016 | $1,237 | $30,750 | $0 | $0 |
| 2015 | $1,182 | $30,750 | $0 | $0 |
| 2014 | $1,173 | $30,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Martin
-
Lucas McCoy
L
Buyer's Agent in 2023
Lucas McCoy
Douglas Realty, LLC
(443) 878-7708
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2033690
APN: 334-20.00-1.00-220
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 20816 Spring Lake Dr Unit 424
- 38219 West Dr Unit 705
- 20714 Spring Lake Dr Unit 106
- 20802 Spring Lake Dr Unit 427
- 20909 Windbreaker Dr
- 20905 Windbreaker Dr
- 38015 West Dr Unit 755
- 20698 Sun Trail
- 20690 Sun Trail
- Aria Plan at Spring Lake - The Cove
- Ballad Plan at Spring Lake - The Cove
- Hancock With Sun Deck Plan at Spring Lake
- 20675 Nantucket Dr
- 0 Route 1 & Old Bay Rd Unit DESU183522
- 20682 Maple St
- 20594 Bay Rd Unit 9
- 20594 & 37836 Bay Cobblestone
- 20602 Canal Rd
- 37836 Cobblestone Ln Unit 8
- 46 Bay Reach
- 20942 Spring Lake Dr Unit 219
- 20942 Spring Lake Dr Unit 221
- 510 Spring Lake Dr Unit 510
- 514 Spring Lake Dr Unit 514
- 518 Spring Lake Dr Unit 518
- 522 Spring Lake Dr Unit 522
- 526 Spring Lake Dr Unit 526
- 530 Spring Lake Dr Unit 530
- 552 Spring Lake Dr Unit 552
- 554 Spring Lake Dr Unit 554
- 558 Spring Lake Dr Unit 558
- 516 Spring Lake Dr
- 547 Spring Lake Dr Unit 547
- 533 Spring Lake Dr Unit 533
- 529 Spring Lake Dr Unit 529
- 38187 West Dr Unit 709
- 20920 Spring Lake Dr
- 38131 West Dr
- 38097 West Dr Unit 733
- 20776 Spring Lake Dr Unit 435