$779,000
SOLD OCT 13, 2016

21 Ocean Dr Unit 309 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,150 Sq Ft
$921/mo HOA Fee

Recently Sold

$677 Per Sq Ft

1% Below List Price

Highlights

  • Marina
  • Ocean View
  • Water Access
  • Rehoboth Elementary School Rated A
  • Boat Ramp
  • Wood Flooring

About This Home

As of May 2024

Stop Looking! This split floor plan unit affords a 4th floor view and bedroom separation from the main living area. Being sold furnished. Features include hardwood floors, recessed lighting, crown molding and new Marvin windows. Strong rental history. North Shore amenities include private beach, tennis, pool & marina.

Last Agent to Sell the Property

Cynthia Daniel

(302) 745-0826 cynthia.daniel@longandfoster.com Jack Lingo - Rehoboth License #RS-0013896 Listed on: 03/04/2015

Jack Lingo - Rehoboth

Co-Listed By

Susannah Griffin

(302) 245-6646 susannah@lnf.com Long & Foster Real Estate, Inc. License #RS-0015236

Last Buyer's Agent

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1974

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Split Level Home
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Block Foundation
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Insulated Windows
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-30.00-309

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,685

Year Built

Built in 1974

Lot Details

0

HOA Fees

$921 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat, Split Level
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Stop Looking! This split floor plan unit affords a 4th floor view and bedroom separation from the main living area. Being sold furnished. Features include hardwood floors, recessed lighting, crown molding and new Marvin windows. Strong rental history. North Shore amenities include private beach, tennis, pool & marina.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Net Sq Ft: 1150.00
  • Price Per Sq Ft: 683.91
  • 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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, 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: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 8800.00
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Boat Dock/Slip, Cable, Elevator, Marina/Marina Club, Tennis Courts, Reserved/Assigned Parking, Tot Lots/Playground, 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
  • Total Actual Rent: 25000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5211302
  • Assessor Parcel Number: 334-08.17-30.00-309
  • County Tax Payment Frequency: Annually
  • Close Date: 10/13/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
May 22, 2024
Sold by
Hammerman Samuel I and Hammerman Renea L
Bought by
Mhg Irrevocable Trust and Gardiner
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
64
Current Estimated Value
$1,223,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$226,333
Avg. Annual Appreciation
-11.73%

Purchase Details

Listed on
Mar 4, 2015
Closed on
Oct 3, 2016
Sold by
Appler Frances and Rogers Steven
Bought by
Hammerman Renea L and Hammerman Samuel J
Seller's Agent
Cynthia Daniel
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$784,000
Sold Price
$779,000
Premium/Discount to List
-$5,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
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 Type Sale Price Title Company
Deed $1,450,000 None Listed On Document
Deed $779,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $1,450,000 -3.3% $1,261 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $1,500,000 +92.6% $1,304 / Sq Ft
10/13/2016 10/13/16 Sold $779,000 -0.6% $677 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
03/04/2015 03/04/15 For Sale $784,000 -- $682 / 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 $3,685 $29,900 $0 $29,900
2024 $1,565 $29,900 $0 $29,900
2023 $1,564 $29,900 $0 $29,900
2022 $1,509 $29,900 $0 $29,900
2021 $1,495 $29,900 $0 $29,900
2020 $1,491 $29,900 $0 $29,900
2019 $1,493 $29,900 $0 $29,900
2018 $1,394 $31,750 $0 $0
2017 $1,335 $31,750 $0 $0
2016 $1,268 $31,750 $0 $0
2015 $1,212 $31,750 $0 $0
2014 $1,091 $31,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001003634

Bright MLS

APN: 334-08.17-30.00-309