NOT LISTED FOR SALE

22 Mckinley St Unit A Dewey Beach, DE 19971

Estimated Value: $447,418 - $858,000

2 Beds
1 Bath
700 Sq Ft
$282/mo HOA Fee

Last Sold April 17, 2019

Last sale price $365,000 $521 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,111/month

134 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Family Room Off Kitchen
  • Rehoboth Elementary School Rated A
  • Furnished
  • 4-minute walk to Sunset Park

About This Home

As of April 2019

Adorable ocean block first floor end unit two bedrooms, one bath condo with hardwood floors and screened porch. Just steps to the beach and all that Dewey has to offer. Fully furnished. Excellent rental history or enjoy it yourself. Last year prime week rental was $1500 per week.

Last Listed By

Dawn Holloway

Coldwell Banker Bud Church Realty,Inc. License #505925 Listed on: 10/18/2018

Coldwell Banker Bud Church Realty,Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $676

Lot Details

  • No Units Located Below
  • Property is in very good condition

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Paneling
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Heating Available
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Flood Risk

Community Details

  • Association fees include common area maintenance, insurance, lawn maintenance
  • Low-Rise Condominium
  • Summerset Condo Assoc Condos
  • Summerset Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-190.00-1-A

Property Details

Home Type

Condominium

Est. Annual Taxes

$676

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: All personal items, all wall hangings and artwork, vacuum, and rice cooker.
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Remarks Public: Adorable ocean block first floor end unit two bedrooms, one bath condo with hardwood floors and screened porch. Just steps to the beach and all that Dewey has to offer. Fully furnished. Excellent rental history or enjoy it yourself. Last year prime week rental was $1500 per week.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer - Front Loading
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Family Room Off Kitchen, Window Treatments, Wood Floors
  • Fireplace: No
  • Common Walls: No One Below
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 550.00
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stick Built
  • Exterior Features: Sidewalks
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 845.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Summerset Condo Assoc
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance
  • HOA: No
  • 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: Porch(es)
  • Property Condition: Very Good, Good
  • Zoning: Q
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5204836
  • School Tax: 608.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 676.00
  • Assessor Parcel Number: 334-20.18-190.00-1-A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/17/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Gross Robert S and Gross Tracey T
Bought by
Linton Lilly Ann
Total Days on Market
134
Current Estimated Value
$674,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$334,922
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$339,433

Purchase Details

Listed on
Oct 18, 2018
Closed on
Apr 16, 2019
Sold by
Marquez Misael M
Bought by
Gross Robert S and Gross Tracey L
Seller's Agent
Dawn Holloway
Coldwell Banker Bud Church Realty,Inc.
Buyer's Agent
Lisa Barros
Monument Sotheby's International Realty
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$273,750
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 5, 2014
Sold by
Marcie A Marcie A
Bought by
Marquez Misael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Linton Lilly Ann $450,000 None Listed On Document
Gross Robert S $365,000 --
Marquez Misael M $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linton Lilly Ann $360,000
Previous Owner Gross Robert S $273,750
Previous Owner Marquez Misael M $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $365,000 -5.2% $521 / Sq Ft
03/02/2019 03/02/19 Price Changed $385,000 -1.0% $550 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
11/13/2018 11/13/18 Price Changed $389,000 -2.5% $556 / Sq Ft
10/18/2018 10/18/18 For Sale $399,000 -- $570 / 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 $1,078 $12,600 $0 $12,600
2023 $1,077 $12,600 $0 $12,600
2022 $1,050 $12,600 $0 $12,600
2021 $1,044 $12,600 $0 $12,600
2020 $1,041 $12,600 $0 $12,600
2019 $1,020 $12,600 $0 $12,600
2018 $676 $15,400 $0 $0
2017 $648 $15,400 $0 $0
2016 $644 $15,400 $0 $0
2015 $616 $15,400 $0 $0
2014 $612 $15,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1009946658

Bright MLS

APN: 334-20.18-190.00-1-A