NOT LISTED FOR SALE

21 Ocean Dr Unit 909 Rehoboth Beach, DE 19971

Estimated Value: $911,000 - $1,944,606

2 Beds
2 Baths
1,149 Sq Ft
$1,100/mo HOA Fee

Last Sold July 16, 2021

Last sale price $1,850,000 $1,610 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $8,630/month

21 Days on Market

Highlights

  • Ocean View
  • Beach
  • Private Beach
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • Private Water Access

About This Home

As of July 2021

WELCOME TO UNIT 909 AT 21 OCEAN DRIVE! This is a rare opportunity to purchase a two-story condominium located one floor below the penthouse in a prestigious North Shores building. This chic, cosmopolitan condo has been completely renovated and features two bedrooms, two full baths, and spectacular views. Upon entering, your attention will be immediately drawn to the unit's abundant natural light and to the waves crashing on the beach below. During a recent renovation, walls were removed, giving the condo an open and airy feel—perfect for entertaining! The open floor plan offers a generous living space, a dining room, and a kitchen flanked by a wall of glass leading to a large ocean-facing balcony. Moreover, custom cabinets, stainless-steel appliances, designer tile backsplash, and granite countertops make the kitchen an ideal place for any cook! A spacious island separates the kitchen from the living space and provides the perfect place for cocktails at the end of a relaxing beach day. Upstairs are two generously sized bedrooms with large windows which face the community marina. The owner's bedroom offers an en-suite bathroom with ocean views, ample counter space, and a custom-tiled shower. Furthermore, heated Italian tile floors running throughout the unit will keep your feet warm and toasty on cool evenings. All windows in the condo have remote-operated blinds which open and close at the touch of a button and allow for plenty of privacy. A stacked Bosch washer/dryer is conveniently located in the hallway and has been only lightly used since new. This unit was decorated and furnished by a local designer, with each piece being hand selected and custom made for the space. This condo has never been rented and will be sold fully furnished (minus a few personal items/artwork), making it truly turnkey! There is one reserved parking spot, two bike storage spaces, and a ground-floor beach locker. Additionally, 21 Ocean Drive offers tennis courts, a pool, marina, kayak launch, tot lot, and private beach with access directly across the street. Attention investors - rental income potential of up to $4k/week in peak season! Bring your toothbrush and start enjoying life at the beach this summer! Schedule your tour today!

Last Agent to Sell the Property

Riess Livaudais

(410) 205-0184 Riess@jacklingo.com Jack Lingo - Lewes License #RS-0022492 Listed on: 05/12/2021

Jack Lingo - Lewes

Co-Listed By

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885

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

  • $1,664

Year Renovated

  • 2018

Lot Details

  • Home fronts navigable water
  • Private Beach

HOA Fees

Parking

  • Parking Lot

Property Views

  • Ocean
  • Marina

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,149 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Screens
  • Sliding Doors

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Outdoor Features

  • Private Water Access
  • Property is near an ocean
  • Balcony
  • Outdoor Storage
  • Playground

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-30.00-909

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, pier/dock maintenance, pool(s), reserve funds, trash
  • Hps Management HOA
  • High-Rise Condominium
  • 21 Ocean Drive Community
  • North Shores Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,664

Year Renovated

2018

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: Contemporary, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Personal items and artwork/sculptures. To be specified by seller.
  • Historic: No
  • Inclusions: Unit sold fully furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: WELCOME TO UNIT 909 AT 21 OCEAN DRIVE! This is a rare opportunity to purchase a two-story condominium located one floor below the penthouse in a prestigious North Shores building. This chic, cosmopolitan condo has been completely renovated and features two bedrooms, two full baths, and spectacular views. Upon entering, your attention will be immediately drawn to the unit's abundant natural light and to the waves crashing on the beach below. During a recent renovation, walls were removed, giving the condo an open and airy feel—perfect for entertaining! The open floor plan offers a generous living space, a dining room, and a kitchen flanked by a wall of glass leading to a large ocean-facing balcony. Moreover, custom cabinets, stainless-steel appliances, designer tile backsplash, and granite countertops make the kitchen an ideal place for any cook! A spacious island separates the kitchen from the living space and provides the perfect place for cocktails at the end of a relaxing beach day. Upstairs are two generously sized bedrooms with large windows which face the community marina. The owner's bedroom offers an en-suite bathroom with ocean views, ample counter space, and a custom-tiled shower. Furthermore, heated Italian tile floors running throughout the unit will keep your feet warm and toasty on cool evenings. All windows in the condo have remote-operated blinds which open and close at the touch of a button and allow for plenty of privacy. A stacked Bosch washer/dryer is conveniently located in the hallway and has been only lightly used since new. This unit was decorated and furnished by a local designer, with each piece being hand selected and custom made for the space. This condo has never been rented and will be sold fully furnished (minus a few personal items/artwork), making it truly turnkey! There is one reserved parking spot, two bike storage spaces, and a ground-floor beach locker. Additionally, 21 Ocean Drive offers tennis courts, a pool, marina, kayak launch, tot lot, and private beach with access directly across the street. Attention investors - rental income potential of up to $4k/week in peak season! Bring your toothbrush and start enjoying life at the beach this summer! Schedule your tour today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1149
  • Living Area Sq Ft: 1149
  • Price Per Sq Ft: 1697.13
  • Above Grade Finished Sq Ft: 1149
  • 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: Concrete
  • Exterior Features: Private Beach, Play Area, Secure Storage, Tennis Court(s)
  • Spa: No
  • View: Marina, Ocean
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: 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: Main Entrance Lock
  • 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, Common Grounds, Elevator, Pool - Outdoor, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Trash
  • HOA Name: HPS MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Fenced, In Ground

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 1507.00
  • Tax Annual Amount: 1664.00
  • Assessor Parcel Number: 334-08.17-30.00-909
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/16/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 16, 2021
Sold by
Antonia M Loroca T
Bought by
Boston Frank D and Boston Vanessa E
Seller's Agent
Riess Livaudais
Jack Lingo - Lewes
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Current Estimated Value
$1,362,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$487,848
Avg. Annual Appreciation
-7.00%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Larocca Antonia M and Bedford Barry
Bought by
Larocca Atonia M

Purchase Details

Closed on
Jan 29, 2018
Sold by
Trovato Joseph V
Bought by
Trovato Joseph V

Purchase Details

Closed on
May 13, 2015
Sold by
Patricia K Patricia K
Bought by
Kearns James F and Kearns Thomas 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
Boston Frank D $1,850,000 None Available
Larocca Atonia M -- --
Trovato Joseph V -- --
Kearns James F -- --
Connell Patricia K -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $1,850,000 -5.1% $1,610 / Sq Ft
05/12/2021 05/12/21 For Sale $1,950,000 -- $1,697 / 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 $3,694 $33,400 $0 $33,400
2024 $1,747 $33,400 $0 $33,400
2023 $1,746 $33,400 $0 $33,400
2022 $1,685 $33,400 $0 $33,400
2021 $1,669 $33,400 $0 $33,400
2020 $1,664 $33,400 $0 $33,400
2019 $1,667 $33,400 $0 $33,400
2018 $1,557 $35,450 $0 $0
2017 $1,491 $35,450 $0 $0
2016 $1,416 $35,450 $0 $0
2015 $1,353 $35,450 $0 $0
2014 $1,343 $35,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU182938

Bright MLS

APN: 334-08.17-30.00-909