NOT LISTED FOR SALE

21 Ocean Dr Unit 510 Rehoboth Beach, DE 19971

Estimated Value: $637,000 - $1,042,000

2 Beds
1 Bath
1,000 Sq Ft
$762/mo HOA Fee

Last Sold May 29, 2015

Last sale price $515,000 $515 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,708/month

51 Days on Market

Highlights

  • Ocean View
  • Beach
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Elevator

About This Home

As of May 2015

Reimagined, redone, and ready to move into. If you've shown it before, you'll be delighted with the makeover. New hardwood flooring, new paint, new furniture and all so beachy. Still the lowest priced condo in 21 Ocean. Ocean view, beach access, and walk to town. It's all here! See it today!

Last Agent to Sell the Property

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681 Listed on: 03/03/2015

Jack Lingo - Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1974

Lot Details

  • 1,481

HOA Fees

Home Design

  • Entry on the 5th floor
  • Architectural Shingle Roof
  • Brick Front
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Window Treatments
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Shared Driveway
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Landscaped

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-30.00-510

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,445

Year Built

Built in 1974

Lot Details

0

HOA Fees

$762 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Reimagined, redone, and ready to move into. If you've shown it before, you'll be delighted with the makeover. New hardwood flooring, new paint, new furniture and all so beachy. Still the lowest priced condo in 21 Ocean. Ocean view, beach access, and walk to town. It's all here! See it today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Water Heater
  • Entry Floor: 5
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 549.90
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick Front, Concrete
  • Construction Completed: Yes
  • Exterior Features: Tennis Court(s)
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Shared Driveway, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6892.00
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Laundry Facilities, Tennis Courts, Reserved/Assigned Parking, Swimming Pool, Pool - Outdoor, Security
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Outdoor Living Structures: Balcony

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Partially
  • Total Actual Rent: 13213.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-08.17-30.00-510
  • County Tax Payment Frequency: Annually
  • Close Date: 05/29/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 23, 2015
Sold by
Louis Louis and Snyder Charlip Catherine
Bought by
Rymer Keith and Rymer Diane
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$894,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,333
Avg. Annual Appreciation
5.48%
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
Rymer Keith $515,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $515,000 0.0% $515 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $515,000 -- $515 / 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 $2,445 $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

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Map

Source: Bright MLS

MLS Number: 1001003618

Bright MLS

APN: 334-08.17-30.00-510