NOT LISTED FOR SALE

21 Ocean Dr Unit 702 Rehoboth Beach, DE 19971

Estimated Value: $665,579 - $1,514,000

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

Last Sold September 27, 2019

Last sale price $810,000 $704 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,366/month

392 Days on Market

Highlights

  • Marina
  • Ocean View
  • Home fronts navigable water
  • Rehoboth Elementary School Rated A
  • Pier or Dock
  • Access to Tidal Water

About This Home

As of September 2019

Gorgeous 2 bedroom, 2 bath oceanfront condo in the exclusive building known as 21 Ocean Drive. Situated on the 7th floor this unit offers breathtaking views of the ocean and the North Shores marina. Relax on your spacious balcony and unwind while taking in the cool ocean breezes. The main floor of this well maintained unit boasts an open floor plan, living room, dining area, galley kitchen and pantry. The 2nd level features a large master suite with beautiful views of both the ocean & marina, plus a guest bedroom and updated full bath. Community amenities include an outdoor pool, tennis courts, marina and private beach. This condo is an excellent opportunity in a highly desired location!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/06/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/06/2018

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1974

Lot Details

  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Property is in very good condition

HOA Fees

Property Views

  • Ocean
  • Lake

Home Design

  • Coastal Architecture
  • Entry on the 7th floor
  • Masonry

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Monitored

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-30.00-702

Community Details

Overview

  • Association fees include lawn maintenance, pool(s)
  • High-Rise Condominium
  • 21 Ocean Drive Community
  • North Shores Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,458

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: Bi-Level, Coastal, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: Gorgeous 2 bedroom, 2 bath oceanfront condo in the exclusive building known as 21 Ocean Drive. Situated on the 7th floor this unit offers breathtaking views of the ocean and the North Shores marina. Relax on your spacious balcony and unwind while taking in the cool ocean breezes. The main floor of this well maintained unit boasts an open floor plan, living room, dining area, galley kitchen and pantry. The 2nd level features a large master suite with beautiful views of both the ocean & marina, plus a guest bedroom and updated full bath. Community amenities include an outdoor pool, tennis courts, marina and private beach. This condo is an excellent opportunity in a highly desired location!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Stove, Water Heater
  • Entry Floor: 7
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Primary Bath(s), Pantry
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Masonry
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 760.00
  • 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: Masonry
  • Exterior Features: Private Beach, Tennis Court(s), Sidewalks
  • Road Surface Type: Black Top
  • Spa: No
  • View: Ocean, Lake
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • 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, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Monitored
  • Sewer/Septic System: Public Sewer
  • 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: 9356.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Beach, Elevator, Pool - Outdoor, Swimming Pool, Tennis Courts, Basketball Courts, Extra Storage, Laundry Facilities, Marina/Marina Club, Pier/Dock, Security, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: A
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1457.98
  • Assessor Parcel Number: 334-08.17-30.00-702
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 09/27/2019

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Krueger Douglas K
Bought by
Rehoboth Property Group Llc
Current Estimated Value
$1,148,895

Purchase Details

Closed on
Sep 15, 2017
Sold by
Smith Linda G
Bought by
Smith Linda G

Purchase Details

Closed on
Aug 7, 1997
Bought by
Hill Linda G
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
Rehoboth Property Group Llc -- Smith Melanie George
Smith Linda G -- None Available
Hill Linda G $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $810,000 -7.3% $704 / Sq Ft
09/14/2019 09/14/19 For Sale $874,000 0.0% $760 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $874,000 -2.8% $760 / Sq Ft
10/01/2018 10/01/18 Price Changed $899,000 -2.8% $782 / Sq Ft
07/06/2018 07/06/18 For Sale $925,000 -- $804 / 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 $3,688 $31,250 $0 $31,250
2024 $1,636 $31,250 $0 $31,250
2023 $1,635 $31,250 $0 $31,250
2022 $1,578 $31,250 $0 $31,250
2021 $1,563 $31,250 $0 $31,250
2020 $1,559 $31,250 $0 $31,250
2019 $1,561 $31,250 $0 $31,250
2018 $1,458 $33,200 $0 $0
2017 $1,396 $33,200 $0 $0
2016 $1,326 $33,200 $0 $0
2015 $1,267 $33,200 $0 $0
2014 $1,258 $33,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2019

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    183 in this area

    342 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2019

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    175 in this area

    272 Total Sales

    Shaun Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001985802

Bright MLS

APN: 334-08.17-30.00-702

Delaware Sussex County Rehoboth Beach 19971

21 Ocean Dr Unit 702, Rehoboth Beach, DE

This home is located at 21 Ocean Dr Unit 702, Rehoboth Beach, DE 19971 since 06 July 2018 and is currently estimated at $1,148,895, approximately $999 per square foot. This property was built in 1974. 21 Ocean Dr Unit 702 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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