NOT LISTED FOR SALE

23 Collins Ave Unit 2C Rehoboth Beach, DE 19971

Estimated Value: $602,000 - $696,712

2 Beds
1 Bath
650 Sq Ft
$991/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $599,900 $923 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,920/month

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Love Creek Elementary School Rated A
  • Public Beach
  • Building is oceanfront but unit may not have water views

About This Home

As of September 2022

Sunsational!! Dewey Beach, ocean block, steps to the beach. This meticulously clean three season, 2 bedrooms, 1 full bath has been enjoyed by the owners for over 40 years. Pride of ownership shows throughout. Recent upgrades include a new roof on the building 2021 & 3 new ductless mini splits. Interior features include cathedral ceilings bursting with sunshine, beautiful wood ceilings, ceramic tile floors in the kitchen, hallway and bathroom, island kitchen (moveable), secondary electric baseboard heat & five ceiling fans (one in every room). The large screened porch is an excellent location to gather around for a happy hour, BBQ or just lay back to relax after a nice day on the beach. This cheery unit comes fully furnished, turnkey and ready to enjoy or rent. The condition of this home has it sold immediately. Please call to make an appointment to view this wonderful beach block investment!

Last Agent to Sell the Property

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 07/27/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Melissa Strawbridge

(410) 390-1819 missyanddeansellsoc@gmail.com Iron Valley Real Estate Ocean City License #653560

Iron Valley Real Estate Ocean City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1965

Lot Details

  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach

HOA Fees

  • $371 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 650 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Personal Watercraft
  • Swimming Allowed
  • Powered Boats Permitted

Location

  • Flood Risk

Utilities

  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-57.00-2C

Community Details

Overview

  • $100 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, trash, water
  • Tidewatch Apts Community

Amenities

  • Common Area

Recreation

  • Fishing Allowed

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,456

Year Built

Built in 1965

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: beach chair painting, bookcase next to bathroom door, personal items
  • Inclusions: fully furnished as viewed
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-27
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Sunsational!! Dewey Beach, ocean block, steps to the beach. This meticulously clean three season, 2 bedrooms, 1 full bath has been enjoyed by the owners for over 40 years. Pride of ownership shows throughout. Recent upgrades include a new roof on the building 2021 & 3 new ductless mini splits. Interior features include cathedral ceilings bursting with sunshine, beautiful wood ceilings, ceramic tile floors in the kitchen, hallway and bathroom, island kitchen (moveable), secondary electric baseboard heat & five ceiling fans (one in every room). The large screened porch is an excellent location to gather around for a happy hour, BBQ or just lay back to relax after a nice day on the beach. This cheery unit comes fully furnished, turnkey and ready to enjoy or rent. The condition of this home has it sold immediately. Please call to make an appointment to view this wonderful beach block investment!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Water Heater, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Tub Shower, Window Treatments
  • Foundation Details: Pilings
  • Levels Count: 2
  • Room List: Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 650
  • Living Area Sq Ft: 650
  • Price Per Sq Ft: 969.08
  • Above Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

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
  • Construction Materials: Vinyl Siding
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1112.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 100.00

Schools

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

Lot Info

  • Soil Types: Sandy
  • Zoning: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5805423
  • Tax Annual Amount: 62.00
  • Assessor Parcel Number: 334-23.06-57.00-2C
  • Close Date: 09/23/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 23, 2022
Sold by
Kaiser James K
Bought by
Varano-Garrison Tracy M and Garrison Patrick Shane
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Melissa Strawbridge
Iron Valley Real Estate Ocean City
List Price
$629,900
Sold Price
$599,900
Premium/Discount to List
-$30,000
-4.76%
Views
36
Current Estimated Value
$644,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,278
Avg. Annual Appreciation
2.88%
Original Mortgage
$539,910
Outstanding Balance
$517,724
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$135,394

Purchase Details

Closed on
May 5, 2021
Sold by
Judith A Kaiser Ret
Bought by
Kaiser James K and Kaiser Judith A
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
Varano-Garrison Tracy M $599,900 --
Kaiser James K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varano-Garrison Tracy M $539,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $599,900 -4.8% $923 / Sq Ft
07/27/2022 07/27/22 For Sale $629,900 -- $969 / 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 $1,456 $12,750 $0 $12,750
2024 $1,083 $12,750 $0 $12,750
2023 $1,082 $12,750 $0 $12,750
2022 $1,055 $12,750 $0 $12,750
2021 $1,048 $12,750 $0 $12,750
2020 $1,045 $12,750 $0 $12,750
2019 $1,025 $12,750 $0 $12,750
2018 $681 $15,500 $0 $0
2017 $652 $15,500 $0 $0
2016 $648 $15,500 $0 $0
2015 $620 $15,500 $0 $0
2014 $616 $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2025256

Bright MLS

APN: 334-23.06-57.00-2C