NOT LISTED FOR SALE

21 Ocean Dr Unit 301 Rehoboth Beach, DE 19971

Estimated Value: $842,000 - $1,040,000

2 Beds
1 Bath
-- Sq Ft
$663/mo HOA Fee

Last Sold October 01, 2012

Last sale price $400,000

Est. 135% increase in value since last sale

Current estimated payment $5,851/month

Highlights

  • Marina
  • Ocean View
  • Cabana
  • Rehoboth Elementary School Rated A
  • Water Access
  • Contemporary Architecture

About This Home

As of October 2012

Great 2 Bedroom condo in 21 Ocean Drive at North Shores where residents enjoy a private beach, outdoor pool, tennis courts, and a yacht basin with marina. The condo fees include HVAC, water, sewer, trash, property management, master insurance policy, and common area maintenance.

Last Agent to Sell the Property

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 03/01/2011

Long & Foster Real Estate, Inc.

Last Buyer's Agent

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1974

Lot Details

  • 1,481

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Block Foundation
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Pool

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-30.00-301

Community Details

Overview

  • Low-Rise Condominium
  • 21 Ocean Drive Community
  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Additional Features

  • Security Service
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,445

Year Built

Built in 1974

Lot Details

0

HOA Fees

$663 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Great 2 Bedroom condo in 21 Ocean Drive at North Shores where residents enjoy a private beach, outdoor pool, tennis courts, and a yacht basin with marina. The condo fees include HVAC, water, sewer, trash, property management, master insurance policy, and common area maintenance.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In, Ceiling Fan(s), Elevator, Intercom, Window Treatments
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures List: Cabana/Pool House
  • Construction Materials: Masonry, Concrete
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s), Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5948.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Marina/Marina Club, Tennis Courts, Reserved/Assigned Parking, Swimming Pool, Security
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5211294
  • Assessor Parcel Number: 334-08.17-30.00-301
  • County Tax Payment Frequency: Annually
  • Close Date: 10/01/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2011
Closed on
Oct 3, 2012
Sold by
Werner Debra
Bought by
Kryukov Mikhail A and Kryukov Jennifer D
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$940,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,000
Avg. Annual Appreciation
6.79%
Original Mortgage
$300,000
Outstanding Balance
$208,522
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$731,478
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
Kryukov Mikhail A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kryukov Mikhail A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $400,000 0.0% --
09/28/2012 09/28/12 Pending -- -- --
03/01/2011 03/01/11 For Sale $400,000 -- --
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 $2,445 $25,650 $0 $25,650
2024 $1,343 $25,650 $0 $25,650
2023 $1,342 $25,650 $0 $25,650
2022 $1,295 $25,650 $0 $25,650
2021 $1,283 $25,650 $0 $25,650
2020 $1,279 $25,650 $0 $25,650
2019 $1,281 $25,650 $0 $25,650
2018 $1,197 $27,250 $0 $0
2017 $1,146 $27,250 $0 $0
2016 $1,089 $27,250 $0 $0
2015 $1,040 $27,250 $0 $0
2014 $1,032 $27,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Cullin

    Seller's Agent in 2012

    Bill Cullin

    Long & Foster

    (302) 841-7147

    67 in this area

    186 Total Sales

    Bill Cullin
    Section Image
  • HENRY MCKAY

    Buyer's Agent in 2012

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    13 in this area

    24 Total Sales

    HENRY MCKAY
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000957990

Bright MLS

APN: 334-08.17-30.00-301

Delaware Sussex County Rehoboth Beach 19971

21 Ocean Dr Unit 301, Rehoboth Beach, DE

This home is located at 21 Ocean Dr Unit 301, Rehoboth Beach, DE 19971 since 01 March 2011 and is currently estimated at $940,000. This property was built in 1974. 21 Ocean Dr Unit 301 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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