NOT LISTED FOR SALE

21 Ocean Dr Unit 305 Rehoboth Beach, DE 19971

Estimated Value: $567,000 - $884,000

2 Beds
2 Baths
-- Sq Ft
$697/mo HOA Fee

Last Sold October 24, 2014

Last sale price $765,000

Est. 2% decrease in value since last sale

Current estimated payment $4,944/month

Highlights

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

About This Home

As of October 2014

Fabulous Ocean views with an exclusive North Shores address. Completely renovated with top notch finishes, this Beach Abode has everything on your wish list...ocean view, private beach, oversized balconies, comm. pool, tennis, marina, and move-in condition. Check out the virtual tour!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/16/2013

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/16/2013

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,349

Lot Details

  • 1,525

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Block Foundation
  • Stone Siding
  • Brick Front
  • Masonry

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-30.00-305

Community Details

Overview

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

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,349

Lot Details

0

HOA Fees

$697 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
  • New Construction: No
  • Remarks Public: Fabulous Ocean views with an exclusive North Shores address. Completely renovated with top notch finishes, this Beach Abode has everything on your wish list...ocean view, private beach, oversized balconies, comm. pool, tennis, marina, and move-in condition. Check out the virtual tour!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 21

Beds/Baths

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

Exterior Features

  • Construction Materials: Masonry, Brick Front, Stone
  • Construction Completed: Yes
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6260.00
  • HOA Condo Co-Op Amenities: Beach, Elevator, Marina/Marina Club, Tennis Courts, Pool - Outdoor, Swimming Pool, Security
  • HOA: Yes

Schools

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

Rental Info

  • Total Actual Rent: 29750.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-08.17-30.00-305
  • County Tax Payment Frequency: Annually
  • Close Date: 10/24/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 11, 2014
Sold by
Bruce S Bruce S and Westfall Lisa D
Bought by
Burtch Jeoffrey L
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$765,000
Sold Price
$765,000
Current Estimated Value
$748,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,667
Avg. Annual Appreciation
-0.20%
Original Mortgage
$417,000
Outstanding Balance
$320,630
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,703
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Burtch Jeoffrey L $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burtch Jeoffrey L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $765,000 0.0% --
08/27/2014 08/27/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $765,000 -- --
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 $3,349 $27,000 $0 $27,000
2024 $1,415 $27,000 $0 $27,000
2023 $1,413 $27,000 $0 $27,000
2022 $1,364 $27,000 $0 $27,000
2021 $1,352 $27,000 $0 $27,000
2020 $1,347 $27,000 $0 $27,000
2019 $1,349 $27,000 $0 $27,000
2018 $1,260 $28,700 $0 $0
2017 $1,207 $28,700 $0 $0
2016 $1,146 $28,700 $0 $0
2015 $1,095 $28,700 $0 $0
2014 $1,087 $28,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000976802

Bright MLS

APN: 334-08.17-30.00-305