NOT LISTED FOR SALE

241 American Eagle Way Unit 1 Rehoboth Beach, DE 19971

Estimated Value: $532,823 - $610,000

3 Beds
2 Baths
1,497 Sq Ft
$334/mo HOA Fee

Last Sold June 13, 2019

Last sale price $325,000 $217 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,684/month

26 Days on Market

Highlights

  • Great Room
  • Water Fountains
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Screened Porch
  • Patio

About This Home

As of June 2019

Remarkable first floor end unit. Experience all that the beach area has to offer in the sought after community of Eagles Landing. Take advantage of the location and bike to town or the beach - or a short drive to many restaurants in town and on Rt 1. This 3 bedroom, 2 bath unit is well kept and has many updates. The floors are new, the kitchen has new granite, glass backsplash, and stainless GE Profile appliances. Enjoy a three season porch and a nice size outdoor patio. Whether making this your new full time home or your perfect beach house getaway, come and experience care-free living.

Last Listed By

Daniel Logan

Patterson-Schwartz-Hockessin License #R3-0016334 Listed on: 04/17/2019

Patterson-Schwartz-Hockessin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1994

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,497 Sq Ft Home
  • Property has 1 Level
  • Great Room
  • Screened Porch

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Water Fountains
  • Playground

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 150 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.16-2401

Community Details

Overview

  • $440 Recreation Fee
  • Low-Rise Condominium
  • Eagles Landing Ii Subdivision

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,225

Year Built

Built in 1994

Lot Details

0

HOA Fees

$334 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: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Inclusions: All appliances as is
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1994
  • Remarks Public: Remarkable first floor end unit. Experience all that the beach area has to offer in the sought after community of Eagles Landing. Take advantage of the location and bike to town or the beach - or a short drive to many restaurants in town and on Rt 1. This 3 bedroom, 2 bath unit is well kept and has many updates. The floors are new, the kitchen has new granite, glass backsplash, and stainless GE Profile appliances. Enjoy a three season porch and a nice size outdoor patio. Whether making this your new full time home or your perfect beach house getaway, come and experience care-free living.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Great Room, Screened Porch
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1497
  • Living Area Sq Ft: 1497
  • Price Per Sq Ft: 233.73
  • Above Grade Finished Sq Ft: 1497
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Frame
  • Exterior Features: Play Area, Sidewalks, Tennis Court(s), Water Fountains
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1003.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 440.00
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5200214
  • Tax Annual Amount: 1225.00
  • Assessor Parcel Number: 334-19.00-163.16-2401
  • Tax Year: 2018
  • Close Date: 06/13/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Mckelvey Marguerite C and Hires Barbara L
Bought by
Custer Richard D
Total Days on Market
26
Current Estimated Value
$580,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$235,398
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$333,397

Purchase Details

Closed on
Oct 16, 2015
Sold by
Monaghan Patricia A and Kennedy Tara L
Bought by
Pinghera Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Custer Richard D $590,000 None Listed On Document
Pinghera Andrew C $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Custer Richard D $236,000
Closed Custer Richard D $236,000
Previous Owner Mcckley Marguerite C $243,750
Previous Owner Pinghera Andrew C $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $325,000 -7.1% $217 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $349,900 -- $234 / 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 $1,375 $27,150 $0 $27,150
2023 $1,374 $27,150 $0 $27,150
2022 $1,326 $27,150 $0 $27,150
2021 $1,314 $27,150 $0 $27,150
2020 $1,310 $27,150 $0 $27,150
2019 $1,312 $27,150 $0 $27,150
2018 $1,225 $27,900 $0 $0
2017 $1,173 $27,900 $0 $0
2016 $1,114 $27,900 $0 $0
2015 $1,065 $27,900 $0 $0
2014 $1,057 $27,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138636

Bright MLS

APN: 334-19.00-163.16-2401