23 Collins Ave Unit 2C Rehoboth Beach, DE 19971
Estimated Value: $602,000 - $779,000
2
Beds
1
Bath
650
Sq Ft
$1,051/Sq Ft
Est. Value
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 2022Sunsational!! 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
Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 07/27/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,083
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,926
Avg. Annual Appreciation
5.94%
Original Mortgage
$539,910
Outstanding Balance
$521,117
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$181,622
Purchase Details
Closed on
May 5, 2021
Sold by
Judith A Kaiser Ret
Bought by
Kaiser James K and Kaiser Judith A
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $1,083 | $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
-
JOSEPH CHOMA
Seller's Agent in 2022
JOSEPH CHOMA
BHHS PenFed (actual)
(302) 381-5602
10 in this area
41 Total Sales
-
Melissa Strawbridge
Buyer's Agent in 2022
Melissa Strawbridge
Iron Valley Real Estate Ocean City
(410) 390-1819
1 in this area
35 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2025256
APN: 334-23.06-57.00-2C
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