NOT LISTED FOR SALE

21 Ocean Dr Unit 703 Rehoboth Beach, DE 19971

Estimated Value: $884,000 - $1,488,000

2 Beds
2 Baths
1,125 Sq Ft
$1,100/mo HOA Fee

Last Sold September 30, 2022

Last sale price $1,390,000 $1,236 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $7,625/month

11 Days on Market

Highlights

  • Marina
  • Primary bedroom faces the ocean
  • Private Beach
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • Canoe or Kayak Water Access

About This Home

As of September 2022

RARE Coastal Opportunity in North Shores at the coveted 21 Ocean Building! Enjoy rarely available Ocean Views from the living area, the balcony, and from both bedrooms!! Meticulously maintained, this delightful unit has Never Been Rented since 1972 when the family began ownership! Boasting super plush newer carpet, newer stainless appliances, premium luxurious shades, and replacement windows, unit 703 is highly desirable! The ever appealing allure of North Shores and 21 Ocean Dr offers so much: a community beach with umbrella/chair rental services, community pool and pool house, tennis courts, a marina, a kayak launch, and a tot lot! Additionally, this outstanding North Shores beauty is also turn key! It comes fully furnished for your convenience! No need to wait to honor rentals! Just go to settlement and enjoy your new Rehoboth Beach Paradise!

Last Agent to Sell the Property

Lisa Michels

(302) 354-0118 thedelawarerealtor@gmail.com Patterson-Schwartz-Rehoboth License #RS-0016884 Listed on: 07/25/2022

Patterson-Schwartz-Rehoboth

Co-Listed By

Alan Mazzetti

(302) 429-4500 amazzetti@psre.com Patterson-Schwartz - Greenville

Last Buyer's Agent

Shaun Tull

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

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • Private Beach
  • Property is in very good condition

HOA Fees

Home Design

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

Interior Spaces

  • 1,125 Sq Ft Home
  • Property has 1.5 Levels
  • Open Floorplan
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Casement Windows
  • Combination Dining and Living Room
  • Carpet
  • Intercom

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • Assigned parking located at #703
  • Private Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Balcony
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-30.00-703

Community Details

Overview

  • $2,500 Capital Contribution Fee
  • Association fees include alarm system, all ground fee, common area maintenance, exterior building maintenance, insurance, laundry, management, pool(s), trash
  • High-Rise Condominium
  • 21 Ocean Drive Community
  • North Shores Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,408

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Personal Property
  • Inclusions: All Appliances As Is, Furnishings Convey
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1972
  • Assigned Parking Space Numbers: 703
  • Remarks Public: RARE Coastal Opportunity in North Shores at the coveted 21 Ocean Building! Enjoy rarely available Ocean Views from the living area, the balcony, and from both bedrooms!! Meticulously maintained, this delightful unit has Never Been Rented since 1972 when the family began ownership! Boasting super plush newer carpet, newer stainless appliances, premium luxurious shades, and replacement windows, unit 703 is highly desirable! The ever appealing allure of North Shores and 21 Ocean Dr offers so much: a community beach with umbrella/chair rental services, community pool and pool house, tennis courts, a marina, a kayak launch, and a tot lot! Additionally, this outstanding North Shores beauty is also turn key! It comes fully furnished for your convenience! No need to wait to honor rentals! Just go to settlement and enjoy your new Rehoboth Beach Paradise!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Entry Floor: 7
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Bathroom - Tub Shower, Window Treatments
  • Window Features: Casement, Replacement
  • Fireplace: No
  • Levels Count: 1.5
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1125
  • Living Area Sq Ft: 1125
  • Price Per Sq Ft: 1235.56
  • Above Grade Finished Sq Ft: 1125
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Mixed
  • Exterior Features: Exterior Lighting, Private Beach, Tennis Court(s)
  • Water Access Features: Canoe/Kayak, 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: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Private
  • Type Of Parking: Off Street, Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2700.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Elevator, Laundry Facilities, Marina/Marina Club, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Alarm System, All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Laundry, Management, Pool(s), Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 2500.00

Schools

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

Lot Info

  • Land Lease: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 1408.00
  • Assessor Parcel Number: 334-08.17-30.00-703
  • Tax Year: 2021
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Nov 29, 2022
Sold by
Krueger Douglas J and Krueger Mayra R
Bought by
Rehoboth Property Group Llc
Seller's Agent
Lisa Michels
Patterson-Schwartz-Rehoboth
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$1,390,000
Sold Price
$1,390,000
Current Estimated Value
$1,186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$204,000
Avg. Annual Appreciation
-5.14%

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 28, 2022
Sold by
Bender Grace A
Bought by
Krueger Douglas J and Kruenger Mayra R
Seller's Agent
Lisa Michels
Patterson-Schwartz-Rehoboth
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$1,390,000
Sold Price
$1,390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1994
Bought by
Bender Morton A Grace A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- --
Rehoboth Property Group Llc -- None Listed On Document
Krueger Douglas J $1,390,000 --
Bender Morton A Grace A $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krueger Douglas J $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,390,000 0.0% $1,236 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $1,390,000 -- $1,236 / 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 $2,848 $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 $1,203 $31,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Michels

    Seller's Agent in 2022

    Lisa Michels

    Patterson Schwartz

    (302) 354-0118

    5 in this area

    144 Total Sales

    Lisa Michels
    Section Image
  • Alan Mazzetti

    Seller Co-Listing Agent in 2022

    Alan Mazzetti

    Patterson Schwartz

    (302) 429-4500

    3 in this area

    63 Total Sales

    Alan Mazzetti
    Section Image
  • Shaun Tull

    Buyer's Agent in 2022

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    175 in this area

    272 Total Sales

    Shaun Tull
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2025992

Bright MLS

APN: 334-08.17-30.00-703

Delaware Sussex County Rehoboth Beach 19971

21 Ocean Dr Unit 703, Rehoboth Beach, DE

This home is located at 21 Ocean Dr Unit 703, Rehoboth Beach, DE 19971 since 25 July 2022 and is currently estimated at $1,186,000, approximately $1,054 per square foot. This property was built in 1972. 21 Ocean Dr Unit 703 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes