NOT LISTED FOR SALE

21685 Providence Dr Unit 129 Rehoboth Beach, DE 19971

Estimated Value: $485,516 - $1,254,000

3 Beds
3 Baths
3,232 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $956,905 $296 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,035/month

14 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Clubhouse
  • Rehoboth Elementary School Rated A
  • New Construction
  • Coastal Architecture

About This Home

As of December 2022

Welcome to Osprey Point – Rehoboth Beach’s newest community- making a splash with community bay access, oversized homesites and 4 miles to Rehoboth Beach! And be sure to act fast— the next 6 VIP Purchasers receive the $60,000 savings package—included in this featured homesite pricing. This featured homesite is a corner homesite part of a cul-de-sac. The Monterey at Osprey Point blends style and space. Osprey Point is the only bay-front community of new homes in Rehoboth Beach. Planned 5-star amenities including pier, pool and clubhouse less than 4 miles from downtown. The Monterey offers a covered porch welcoming you into the open foyer and flex space that can be used as you like. Continue past the first of two main level bedrooms and into the wide open family room. The gourmet kitchen has an oversized center island which is the perfect place to prep homemade meals. A luxurious main level master suite will stun, with its dual vanities and huge walk-in closet. Upstairs, a loft-style bonus room is perfect for family game night, and leads to two bedrooms plus a full bath. With storage available on the top floor and the 2-car garage, The Monterey has it all. The home backs to community pond with fountain and is just steps away from the community amenities (target completion date Spring/Summer 2023). Other floor plans and homesites are available. Photos are representative. NV Homes is taking precautionary measures to protect our valued customers and employees, our models are currently open.

Last Agent to Sell the Property

Tineshia Johnson

NVR Services, Inc. License #WVB230300909 Listed on: 06/16/2022

Last Buyer's Agent

Martina McCrea

Compass License #RS0036542

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,486 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 3,232 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Loft
  • Crawl Space

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot MDCOP0129

Community Details

Overview

  • $1,500 Capital Contribution Fee
  • Association fees include lawn maintenance, pool(s), snow removal, trash, recreation facility, common area maintenance
  • Built by NV Homes
  • Osprey Point Subdivision, Monterey Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Game Room

Recreation

  • Beach
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Osprey Point – Rehoboth Beach’s newest community- making a splash with community bay access, oversized homesites and 4 miles to Rehoboth Beach! And be sure to act fast— the next 6 VIP Purchasers receive the $60,000 savings package—included in this featured homesite pricing. This featured homesite is a corner homesite part of a cul-de-sac. The Monterey at Osprey Point blends style and space. Osprey Point is the only bay-front community of new homes in Rehoboth Beach. Planned 5-star amenities including pier, pool and clubhouse less than 4 miles from downtown. The Monterey offers a covered porch welcoming you into the open foyer and flex space that can be used as you like. Continue past the first of two main level bedrooms and into the wide open family room. The gourmet kitchen has an oversized center island which is the perfect place to prep homemade meals. A luxurious main level master suite will stun, with its dual vanities and huge walk-in closet. Upstairs, a loft-style bonus room is perfect for family game night, and leads to two bedrooms plus a full bath. With storage available on the top floor and the 2-car garage, The Monterey has it all. The home backs to community pond with fountain and is just steps away from the community amenities (target completion date Spring/Summer 2023). Other floor plans and homesites are available. Photos are representative. NV Homes is taking precautionary measures to protect our valued customers and employees, our models are currently open.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Study, Great Room, Laundry, Loft, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3232
  • Living Area Sq Ft: 3232
  • Price Per Sq Ft: 271.71
  • Above Grade Finished Sq Ft: 3232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21685

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Mixed
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 255.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Dog Park, Game Room, Fitness Center, Beach, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Pool(s), Snow Removal, Trash, Recreation Facility, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8486.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Building Info

  • Builder Name: NV Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: MDCOP0129
  • Close Date: 12/09/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Chu Chae On and Chu Diana Ochoa
Bought by
Chae And Diana Chu Trust and Chu
Total Days on Market
14
Current Estimated Value
$992,379

Purchase Details

Listed on
Jun 16, 2022
Closed on
Dec 9, 2022
Sold by
Nvhomes
Bought by
Chu Chae On and Ochoa Chu Diana
Seller's Agent
Tineshia Johnson
NVR Services, Inc.
Buyer's Agent
Martina McCrea
Compass
List Price
$913,170
Sold Price
$956,905
Premium/Discount to List
$43,735
4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$600,000
Interest Rate
7.08%
Mortgage Type
New Conventional
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
Chae And Diana Chu Trust -- None Listed On Document
Chu Chae On $956,905 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Chae On $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $956,905 +9.0% $296 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $878,170 -3.8% $272 / Sq Ft
06/23/2022 06/23/22 For Sale $913,170 -4.6% $283 / Sq Ft
06/22/2022 06/22/22 Off Market $956,905 -- --
06/16/2022 06/16/22 For Sale $913,170 -- $283 / 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 $2,516 $239,850 $82,750 $157,100
2023 $2,514 $239,850 $82,750 $157,100
2022 $261 $239,850 $82,750 $157,100
Source: Public Records

Agents Affiliated with this Home

  • Tineshia Johnson

    Seller's Agent in 2022

    Tineshia Johnson

    NVR Services, Inc.

    (240) 305-1275

    98 in this area

    3,541 Total Sales

    Tineshia Johnson
    Section Image

  • M

    Buyer's Agent in 2022

    Martina McCrea

    Compass

    (443) 452-9909

    5 in this area

    59 Total Sales

    Martina McCrea
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2023814

Bright MLS

APN: 334-18.00-1201.00

Delaware Sussex County Rehoboth Beach 19971

21685 Providence Dr Unit 129, Rehoboth Beach, DE

This home is located at 21685 Providence Dr Unit 129, Rehoboth Beach, DE 19971 since 16 June 2022 and is currently estimated at $992,379, approximately $307 per square foot. This property was built in 2022. 21685 Providence Dr Unit 129 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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