NOT LISTED FOR SALE

21006 Spring Lake Dr Unit 110 Rehoboth Beach, DE 19971

Estimated Value: $517,000 - $616,623

2 Beds
2 Baths
1,200 Sq Ft
$471/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $510,000 $425 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,614/month

20 Days on Market

Highlights

  • Lake Front
  • Water Oriented
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2023

Welcome to Spring Lake. A sought after coastal community just a short walk or bike ride to downtown Rehoboth and Dewey Beach. This two bedroom two bath home features brand new smart LG kitchen appliances with an airfryer range and microwave, stainless steel refrigerator and dishwasher.  Enjoy hosting family and friends in your beach getaway offering multiple eating areas via a breakfast bar or dining room. The open floor plan creates a comfortable setting in the living room hosting a gas fireplace while oversized sliding glass doors allow natural light to fill the home gleaming on the hickory hardwood floors.  Venture upstairs to tour the primary bedroom with ensuite bath. An additional bedroom and full bath is located on the second level .  Both bedrooms feature balconies overlooking mature trees, manicured common area and outdoor living space. Two patios create your relaxing outdoor living. The rear patio offers privacy with endless views of the lake.  The front patio has a secure storage closet and an outdoor shower with updated copper piping. Recently installed hot water heater and Carrier HVAC. Do not miss this opportunity to enjoy the beach life. Thompson Island walking trail located directly behind Spring Lake community. Weekly rentals are NOT allowed in this phase but minimal one month rentals are allowed.

Last Agent to Sell the Property

Amy Pietlock

Monument Sotheby's International Realty Listed on: 03/22/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Meredith Rosenthal

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1982

Lot Details

  • 4,356 Sq Ft Lot
  • Lake Front
  • Property is in good condition

HOA Fees

  • $328 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near a lake
  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • Propane
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Appliances

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-1.00-110

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, trash, snow removal, pool(s), exterior building maintenance
  • Spring Lake Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,457

Year Built

Built in 1982

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to Spring Lake. A sought after coastal community just a short walk or bike ride to downtown Rehoboth and Dewey Beach. This two bedroom two bath home features brand new smart LG kitchen appliances with an airfryer range and microwave, stainless steel refrigerator and dishwasher.  Enjoy hosting family and friends in your beach getaway offering multiple eating areas via a breakfast bar or dining room. The open floor plan creates a comfortable setting in the living room hosting a gas fireplace while oversized sliding glass doors allow natural light to fill the home gleaming on the hickory hardwood floors.  Venture upstairs to tour the primary bedroom with ensuite bath. An additional bedroom and full bath is located on the second level .  Both bedrooms feature balconies overlooking mature trees, manicured common area and outdoor living space. Two patios create your relaxing outdoor living. The rear patio offers privacy with endless views of the lake.  The front patio has a secure storage closet and an outdoor shower with updated copper piping. Recently installed hot water heater and Carrier HVAC. Do not miss this opportunity to enjoy the beach life. Thompson Island walking trail located directly behind Spring Lake community. Weekly rentals are NOT allowed in this phase but minimal one month rentals are allowed.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Water Heater, Refrigerator, Oven/Range - Electric, Microwave, Washer/Dryer Stacked
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Island
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 437.50
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21006

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: Stick Built
  • Exterior Features: Outside Shower, Sidewalks, Street Lights, Secure Storage
  • Roof: Architectural Shingle
  • View: Lake, Trees/Woods, Water
  • Water Access: No
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 985.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash, Snow Removal, Pool(s), Ext Bldg Maint
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201996
  • School Tax: 1320.00
  • Tax Annual Amount: 1457.00
  • Assessor Parcel Number: 334-20.00-1.00-110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/17/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
May 15, 2023
Sold by
Mariani James J
Bought by
Lippert Joshua J
Seller's Agent
Amy Pietlock
Monument Sotheby's International Realty
Buyer's Agent
Meredith Rosenthal
Long & Foster Real Estate, Inc.
List Price
$555,000
Sold Price
$510,000
Premium/Discount to List
-$45,000
-8.11%
Views
170
Current Estimated Value
$564,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,656
Avg. Annual Appreciation
7.46%
Original Mortgage
$337,800
Outstanding Balance
$330,033
Interest Rate
6.28%
Mortgage Type
Construction
Estimated Equity
$264,030
Source: Public Records

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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
Lippert Joshua J $510,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippert Joshua J $337,800
Closed Mariani James J $161,000
Previous Owner Mariani James J $283,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $510,000 -2.9% $425 / Sq Ft
03/30/2023 03/30/23 Price Changed $525,000 -5.4% $438 / Sq Ft
03/22/2023 03/22/23 For Sale $555,000 +50.8% $463 / Sq Ft
11/27/2018 11/27/18 Sold $368,000 -3.2% $307 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $380,000 -0.5% $317 / Sq Ft
06/26/2018 06/26/18 For Sale $382,000 -- $318 / 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
2024 $1,829 $25,250 $0 $25,250
2023 $1,828 $25,250 $0 $25,250
2022 $1,775 $25,250 $0 $25,250
2021 $1,762 $25,250 $0 $25,250
2020 $1,757 $25,250 $0 $25,250
2019 $1,737 $25,250 $0 $25,250
2018 $1,346 $30,650 $0 $0
2017 $1,289 $30,650 $0 $0
2016 $1,233 $30,650 $0 $0
2015 $1,178 $30,650 $0 $0
2014 $1,170 $30,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2038256

Bright MLS

APN: 334-20.00-1.00-110