241 American Eagle Way Unit 10 Rehoboth Beach, DE 19971
4
Beds
2
Baths
1,500
Sq Ft
$408/mo
HOA Fee
Highlights
- 10 Feet of Waterfront
- Penthouse
- Pond View
- Rehoboth Elementary School Rated A
- Water Oriented
- Open Floorplan
About This Home
As of July 2024Major price adjustment..
Here is your chance to own a Penthouse 4 bedroom 2 full bath unit in the much sought after community of Eagles Landing. The amenity rich community has 3 different pools, tennis courts, pickle ball and an easy access to bike trails and the beach. This beautiful home has an abundance of natural light and a stunning views of the fountain and pond from the rear deck. These rare 4 bedroom loft units do not come available very often and when they do, they do not last long. This unit has been lovingly maintained by the current owners who only use it as their personal beach home and have never rented it. This unit comes with a private storage room for bikes, beach chairs, etc..., two balconies, assigned parking and a location that can't be beat with all that Rehoboth Beach and Rt 1 has to offer. Close enough to walk to restaurants, grocery, shopping, entertainment and public transportation. The boardwalk is 1.8 miles away and is an easy leisurely walk if you so choose, or bike. This community also allows for short term rentals, which has become a rarity in the area. Make your appointment today before this gem of a unit is gone. Comes with all the major furniture with the exception of some art and miscellaneous items.
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,363
Year Built
- Built in 1994
Lot Details
- 10 Feet of Waterfront
- West Facing Home
- Landscaped
- Wooded Lot
HOA Fees
- $408 Monthly HOA Fees
Home Design
- Penthouse
- Coastal Architecture
- Slab Foundation
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 1,500 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Partially Furnished
- Pond Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- <<microwave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- Paved Parking
- Parking Lot
- Surface Parking
- 1 Assigned Parking Space
Outdoor Features
- Water Oriented
- Property is near a pond
- Pond
Schools
- Cape Henlopen High School
Utilities
- Central Air
- Heating unit installed on the ceiling
- Back Up Electric Heat Pump System
- Vented Exhaust Fan
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-19.00-163.16-2410
Community Details
Overview
- $200 Capital Contribution Fee
- Association fees include common area maintenance, lawn maintenance, management, pool(s)
- Low-Rise Condominium
- Tidewater Property Management Condos
- Eagles Landing Ii Subdivision
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2024
Closed on
Jul 3, 2024
Sold by
Waters Karl and Waters Christine M
Bought by
Dressler Jeffrey A and Dressler Shida M
Seller's Agent
Hugh Fuller
EXP Realty, LLC
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$619,000
Sold Price
$560,000
Premium/Discount to List
-$59,000
-9.53%
Views
77
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
$23,321
Avg. Annual Appreciation
4.12%
Original Mortgage
$350,000
Outstanding Balance
$347,846
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$235,475
Purchase Details
Closed on
Dec 23, 2010
Bought by
Boehmer Barbara A (Trustee)
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | None Listed On Document | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Closed | $345,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $560,000 | -6.5% | $373 / Sq Ft |
| 05/23/2024 05/23/24 | Price Changed | $599,000 | -3.2% | $399 / Sq Ft |
| 05/06/2024 05/06/24 | For Sale | $619,000 | +86.2% | $413 / Sq Ft |
| 11/27/2019 11/27/19 | Sold | $332,500 | -1.9% | $222 / Sq Ft |
| 08/26/2019 08/26/19 | Price Changed | $339,000 | -3.1% | $226 / Sq Ft |
| 05/31/2019 05/31/19 | For Sale | $349,900 | +7.7% | $233 / Sq Ft |
| 02/28/2019 02/28/19 | Sold | $325,000 | -1.2% | $217 / Sq Ft |
| 01/19/2019 01/19/19 | Pending | -- | -- | -- |
| 01/16/2019 01/16/19 | For Sale | $329,000 | -- | $219 / 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 | $1,363 | $26,900 | $0 | $26,900 |
| 2023 | $1,362 | $26,900 | $0 | $26,900 |
| 2022 | $1,314 | $26,900 | $0 | $26,900 |
| 2021 | $1,302 | $26,900 | $0 | $26,900 |
| 2020 | $1,298 | $26,900 | $0 | $26,900 |
| 2019 | $1,300 | $26,900 | $0 | $26,900 |
| 2018 | $1,214 | $27,650 | $0 | $0 |
| 2017 | $1,163 | $27,650 | $0 | $0 |
| 2016 | $1,104 | $27,650 | $0 | $0 |
| 2015 | $1,055 | $27,650 | $0 | $0 |
| 2014 | $1,048 | $27,650 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Fuller
Seller's Agent in 2024
Hugh Fuller
EXP Realty, LLC
(302) 745-1866
23 in this area
54 Total Sales
-
Lee Ann Wilkinson
Buyer's Agent in 2024
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
233 in this area
1,928 Total Sales
-
Michael Moreland
Seller's Agent in 2019
Michael Moreland
McWilliams/Ballard, Inc.
(410) 507-1878
1 in this area
2 Total Sales
-
DEBBIE REED
Seller's Agent in 2019
DEBBIE REED
RE/MAX
(302) 227-3818
291 in this area
876 Total Sales
-
AMY WARICK
Seller Co-Listing Agent in 2019
AMY WARICK
RE/MAX
(302) 258-5442
46 in this area
99 Total Sales
-
C
Buyer's Agent in 2019
CHARLES HELMER
Jack Lingo - Rehoboth
Map
Source: Bright MLS
MLS Number: DESU2061830
APN: 334-19.00-163.16-2410
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