NOT LISTED FOR SALE

21 Bellevue St Unit 6 Dewey Beach, DE 19971

Estimated Value: $1,281,833 - $1,608,000

4 Beds
4 Baths
2,300 Sq Ft
$638/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $925,000 $402 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,148/month

Highlights

  • Water Oriented
  • Oceanside
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 5-minute walk to John Waples Memorial Playground

About This Home

As of December 2020

This 4-bedroom 4 full bath freshly painted 3 story town home features an OCEAN BLOCK location with ocean and bay views from 3 out of the 4 decks in the heart of Dewey Beach. Enjoy the gorgeous, white beach and perfect location less than 1 block to the ocean and walking distance to all Dewey Beach restaurants, bars and shopping. Strong rental revenue history of $59, 539 per year (3 yr avg) makes this an even more attractive property. Low condo fees cover trash and other costs. No land leases or ground rents. The building boasts updated roofing and siding. Recent updates include fresh paint throughout, a brand-new gorgeous 2nd floor master bathroom renovation, new ceramic kitchen floor, new stove, freshly polyurethaned hardwood floors. The kitchen features Corian counter tops with an eat in bar. This townhome is being sold fully furnished and has most of what is needed to live in or rent the home right away. It sleeps 10 including 2 queens, 4 singles and a queen size pullout, all with top of the line mattresses. The kitchen is fully stocked with service for 10 and most common rental needs including blender, coffee maker, toaster. With 4 decks and a spacious living room equipped with a fully functional fireplace, this home provides plenty of room for relaxation and socializing with family and friends. There is ample covered parking under the house for 3 vehicles and an additional assigned spot behind the building. Plenty of beach storage exists in the two outdoor closets under the home next to the covered outdoor shower. The building got a new roof in 2010, new soffits in 2020 and the siding was gradually replaced over a span of 2012-2017. The layout of the home is: First floor: Kitchen, LR, DR, BR 1 with 2 twins, full bath (and LR queen pullout), washer dryer, deck with water views. Second floor: BR 2 Queen with brand new en-suite full bath, deck with water views and BR3 with 2 twins, rear deck and separate full bath. Third floor: BR4 Queen w/full bath and deck with water views

Last Agent to Sell the Property

Jeremy Swerling

(443) 386-1351 jeremy@itrip.net Delaware Vacation Property Mgmt. Listed on: 11/11/2020

Last Buyer's Agent

Kate Bianchino

(302) 598-8792 kbianchino@psre.com Patterson-Schwartz - Greenville License #RS-329263

Patterson-Schwartz - Greenville

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1994

Lot Details

  • 2,134

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 3 Attached Carport Spaces
  • 1 Assigned Parking Space

Outdoor Features

  • Water Oriented
  • Oceanside
  • Multiple Balconies

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property is in very good condition
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-147.00-6

Community Details

Overview

  • Association fees include common area maintenance, insurance, exterior building maintenance, trash
  • Oceans Reach Condominium Association Condos
  • Oceans Reach Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,315

Year Built

Built in 1994

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: All furnishings convey.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-11-12
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: This 4-bedroom 4 full bath freshly painted 3 story town home features an OCEAN BLOCK location with ocean and bay views from 3 out of the 4 decks in the heart of Dewey Beach. Enjoy the gorgeous, white beach and perfect location less than 1 block to the ocean and walking distance to all Dewey Beach restaurants, bars and shopping. Strong rental revenue history of $59, 539 per year (3 yr avg) makes this an even more attractive property. Low condo fees cover trash and other costs. No land leases or ground rents. The building boasts updated roofing and siding. Recent updates include fresh paint throughout, a brand-new gorgeous 2nd floor master bathroom renovation, new ceramic kitchen floor, new stove, freshly polyurethaned hardwood floors. The kitchen features Corian counter tops with an eat in bar. This townhome is being sold fully furnished and has most of what is needed to live in or rent the home right away. It sleeps 10 including 2 queens, 4 singles and a queen size pullout, all with top of the line mattresses. The kitchen is fully stocked with service for 10 and most common rental needs including blender, coffee maker, toaster. With 4 decks and a spacious living room equipped with a fully functional fireplace, this home provides plenty of room for relaxation and socializing with family and friends. There is ample covered parking under the house for 3 vehicles and an additional assigned spot behind the building. Plenty of beach storage exists in the two outdoor closets under the home next to the covered outdoor shower. The building got a new roof in 2010, new soffits in 2020 and the siding was gradually replaced over a span of 2012-2017. The layout of the home is: First floor: Kitchen, LR, DR, BR 1 with 2 twins, full bath (and LR queen pullout), washer dryer, deck with water views. Second floor: BR 2 Queen with brand new en-suite full bath, deck with water views and BR3 with 2 twins, rear deck and separate full bath. Third floor: BR4 Queen w/full bath and deck with water views
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Dining Area, Breakfast Area, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 390.87
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Carport Spaces: 3
  • Garage: No
  • Parking Features: Assigned
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Carport, Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2000.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Oceans Reach Condominium Association
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Ext Bldg Maint, Trash
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 59539.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5204718
  • School Tax: 1190.00
  • Tax Annual Amount: 1315.00
  • Assessor Parcel Number: 334-20.18-147.00-6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

Multi Family

  • Federal Flood Zone: 10005C0354K

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Donaldson Neal J and Donaldson Lisa L
Bought by
Donaldson Neal J and Liv Lisa
Current Estimated Value
$1,467,458

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 18, 2020
Sold by
Roessel Yvonne M
Bought by
Donaldson Neal J and Donaldson Lisa L
Seller's Agent
Jeremy Swerling
Delaware Vacation Property Mgmt.
Buyer's Agent
Kate Bianchino
Patterson-Schwartz - Greenville
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Sold Price
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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
Donaldson Neal J -- None Listed On Document
Donaldson Neal J $925,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donaldson Neal J $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $925,000 +2.9% $402 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $899,000 -- $391 / 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 $2,395 $28,000 $0 $28,000
2024 $1,943 $28,000 $0 $28,000
2023 $1,941 $28,000 $0 $28,000
2022 $1,885 $28,000 $0 $28,000
2021 $1,870 $28,000 $0 $28,000
2020 $1,864 $28,000 $0 $28,000
2019 $1,845 $28,000 $0 $28,000
2018 $1,447 $32,950 $0 $0
2017 $1,386 $32,950 $0 $0
2016 $1,345 $32,950 $0 $0
2015 $1,286 $32,950 $0 $0
2014 $1,277 $32,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172760

Bright MLS

APN: 334-20.18-147.00-6