NOT LISTED FOR SALE

223 Swedes St Dewey Beach, DE 19971

Estimated Value: $619,000 - $1,264,000

3 Beds
2.5 Baths
1,600 Sq Ft
$571/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $630,000 $394 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,173/month

42 Days on Market

Highlights

  • Deck
  • Attic
  • Stainless Steel Appliances
  • Rehoboth Elementary School Rated A
  • Furnished
  • Family Room Off Kitchen

About This Home

As of June 2021

WALK TO ALL THINGS DEWEY BEACH. Celebrated proximity & convenience to Rehoboth Bay kayak & boat launch, bay sports, dining, entertainment, and the dog friendly beaches of Dewey. Differentiated by acres of open space, greenery and parking, welcome to the Tree Tops family of friendly, respectful homeowners. Arrive, drop your keys and never worry about driving or parking again. New HVAC in May 2016. Encapsulated, conditioned crawl space in May 2016. New roof in December 2020. Assume the existing lease for immediate cash flow, or to satisfy a 1031 purchase. Or make your own memories. Disclosure: One seller is a licensed real estate broker in the State of DE.

Last Agent to Sell the Property

Skip Faust

Coldwell Banker Premier - Rehoboth License #RA-0002618 Listed on: 03/11/2021

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Colleen Windrow

Keller Williams Realty License #RS-0024171

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1979

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.00 x 101.00
  • South Facing Home
  • Privacy Fence
  • Property is in excellent condition

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Villa
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room Off Kitchen
  • Open Floorplan
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Parking

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 334-20.13-250.00

Community Details

Overview

  • Association fees include trash
  • Tree Tops Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,591

Year Built

Built in 1979

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Villa
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Remarks Public: WALK TO ALL THINGS DEWEY BEACH. Celebrated proximity & convenience to Rehoboth Bay kayak & boat launch, bay sports, dining, entertainment, and the dog friendly beaches of Dewey. Differentiated by acres of open space, greenery and parking, welcome to the Tree Tops family of friendly, respectful homeowners. Arrive, drop your keys and never worry about driving or parking again. New HVAC in May 2016. Encapsulated, conditioned crawl space in May 2016. New roof in December 2020. Assume the existing lease for immediate cash flow, or to satisfy a 1031 purchase. Or make your own memories. Disclosure: One seller is a licensed real estate broker in the State of DE.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Tub Shower, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 403.12
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 223

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower, Secure Storage, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Privacy
  • Land Use Code: RS
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 25000.00
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: X = Minimal

Tax Info

  • Assessor Parcel Number: 5203816
  • Tax Annual Amount: 1590.94
  • Assessor Parcel Number: 334-20.13-250.00
  • Tax Lot: 9
  • Tax Year: 2020
  • Close Date: 06/17/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jun 17, 2021
Sold by
Washington Street Pmr Llc
Bought by
Paula G Darch Ret
Seller's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Colleen Windrow
Keller Williams Realty
List Price
$645,000
Sold Price
$630,000
Premium/Discount to List
-$15,000
-2.33%
Current Estimated Value
$912,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,936
Avg. Annual Appreciation
7.26%
Original Mortgage
$504,000
Outstanding Balance
$458,292
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$387,827

Purchase Details

Closed on
Feb 25, 2015
Sold by
Robert L Robert L
Bought by
Washington Street Pmr Llc

Purchase Details

Closed on
Oct 10, 2012
Sold by
Donovan Thomas M and Donovan Susan L
Bought by
Donovan Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,900
Interest Rate
3.56%
Source: Public Records

Range of Values:

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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
Paula G Darch Ret $630,000 None Available
Washington Street Pmr Llc -- --
Donovan Thomas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paula G Darch Ret $504,000
Closed Paula G Darch Ret $504,000
Previous Owner Donovan Thomas M $323,900
Previous Owner Donovan Thomas M $323,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $630,000 -2.3% $394 / Sq Ft
03/11/2021 03/11/21 For Sale $645,000 -- $403 / 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 $1,499 $23,950 $5,600 $18,350
2023 $1,498 $23,950 $5,600 $18,350
2022 $1,457 $23,950 $5,600 $18,350
2021 $1,446 $23,950 $5,600 $18,350
2020 $1,442 $23,950 $5,600 $18,350
2019 $1,422 $23,950 $5,600 $18,350
2018 $1,052 $23,950 $0 $0
2017 $1,007 $23,950 $0 $0
2016 $985 $23,950 $0 $0
2015 $943 $23,950 $0 $0
2014 $936 $23,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU178824

Bright MLS

APN: 334-20.13-250.00