NOT LISTED FOR SALE

21 Ocean Dr Unit 304 Rehoboth Beach, DE 19971

Estimated Value: $884,000 - $1,476,000

2 Beds
2 Baths
1,150 Sq Ft
$968/mo HOA Fee

Last Sold January 13, 2020

Last sale price $805,000 $700 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,939/month

Highlights

  • Doorman
  • Marina
  • 1 Boat Dock
  • Rehoboth Elementary School Rated A
  • Ocean Front
  • Pier

About This Home

As of January 2020

Superb Ocean View Condominium in the heart of North Shores. Recent renovations include Kitchen, Baths, flooring and more. Just outside the town limits you can find this Oasis. Community has boat slips for an additonal fee. Designated access points to the beach will have you feeling Presidential. This unit also conveys with desired bike storage and additonal locker. Walk or play along the Atlantic Ocean and access the wonderful shops, restaurants and nightlife the town of Rehobth has to offer. This is not a rental home, but similar units rent for $3K per week.

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 08/18/2018

Co-Listed By

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 08/18/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Private Beach
  • West Facing Home
  • Zero Lot Line
  • Property is in very good condition

HOA Fees

Property Views

  • Ocean
  • Marina
  • Lake
  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Pillar, Post or Pier Foundation
  • Block Wall
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Brick Wall or Ceiling
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • Assigned Parking

Outdoor Features

  • Pier
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • 1 Boat Dock
  • Lake Privileges

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Electric Water Heater
  • Public Septic
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot -304
  • Assessor Parcel Number 334-08.17-30.00-304

Community Details

Overview

  • Association fees include pool(s), heat, reserve funds, snow removal, management, custodial services maintenance, common area maintenance
  • Equity Property Management HOA, Phone Number (302) 227-7009
  • High-Rise Condominium
  • 21 Ocean Dr Condos
  • Built by 21 Ocean
  • 21 Ocean Drive Community
  • North Shores Subdivision
  • Property Manager

Amenities

  • Doorman
  • Common Area
  • 2 Elevators

Recreation

  • Pier or Dock
  • 1 Community Docks
  • Marina
  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Fishing Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,209

Year Built

Built in 1974

Lot Details

0

HOA Fees

$968 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Superb Ocean View Condominium in the heart of North Shores. Recent renovations include Kitchen, Baths, flooring and more. Just outside the town limits you can find this Oasis. Community has boat slips for an additonal fee. Designated access points to the beach will have you feeling Presidential. This unit also conveys with desired bike storage and additonal locker. Walk or play along the Atlantic Ocean and access the wonderful shops, restaurants and nightlife the town of Rehobth has to offer. This is not a rental home, but similar units rent for $3K per week.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Energy Star Dishwasher, Energy Star Refrigerator, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Washer, Water Heater, Disposal
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Flat, Family Room Off Kitchen, Kitchen - Galley, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall, Brick, Block Walls
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Laundry
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 717.39
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Private Beach, Tennis Court(s)
  • Roof: Rubber
  • Spa: No
  • View: Ocean, Marina, Lake, Scenic Vista, Water, Trees/Woods
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Parking Space Conveys, Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Doorman, 24 Hour Security
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Phone Connected
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2339.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: 21 Ocean Dr
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Common Grounds, Elevator, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Reserved/Assigned Parking, Security, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Pool(s), Heat, Reserve Funds, Snow Removal, Management, Custodial Services Maintenance, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: EQUITY PROPERTY MANAGEMENT
  • HOA Phone: 302-227-7009
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Property Condition: Very Good
  • Zoning: A
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: 21 Ocean

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5211297
  • School Tax: 1081.00
  • Tax Annual Amount: 1209.00
  • Assessor Parcel Number: 334-08.17-30.00-304
  • Tax Lot: -304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/13/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 1991
Bought by
Knod George A
Current Estimated Value
$1,270,000
Source: Public Records

Range of Values:

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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
Knod George A $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Sold $805,000 -2.4% $700 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $825,000 0.0% $717 / Sq Ft
06/20/2019 06/20/19 For Sale $825,000 +2.5% $717 / Sq Ft
10/31/2018 10/31/18 Off Market $805,000 -- --
08/18/2018 08/18/18 For Sale $875,000 -- $761 / 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 $2,844 $27,000 $0 $27,000
2024 $1,417 $27,000 $0 $27,000
2023 $1,416 $27,000 $0 $27,000
2022 $1,366 $27,000 $0 $27,000
2021 $1,354 $27,000 $0 $27,000
2020 $1,350 $27,000 $0 $27,000
2019 $1,352 $27,000 $0 $27,000
2018 $1,263 $28,750 $0 $0
2017 $1,209 $28,750 $0 $0
2016 $1,148 $28,750 $0 $0
2015 $1,097 $28,750 $0 $0
2014 $1,089 $28,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maggio

    Seller's Agent in 2020

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    41 in this area

    101 Total Sales

    Joseph Maggio
    Section Image
  • Kim Hitchens

    Seller Co-Listing Agent in 2020

    Kim Hitchens

    Dave McCarthy & Associates, Inc.

    (302) 381-1071

    29 in this area

    98 Total Sales

    Kim Hitchens
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002261798

Bright MLS

APN: 334-08.17-30.00-304

Delaware Sussex County Rehoboth Beach 19971

21 Ocean Dr Unit 304, Rehoboth Beach, DE

This home is located at 21 Ocean Dr Unit 304, Rehoboth Beach, DE 19971 since 18 August 2018 and is currently estimated at $1,270,000, approximately $1,104 per square foot. This property was built in 1974. 21 Ocean Dr Unit 304 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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