$332,500
SOLD NOV 27, 2019

241 American Eagle Way Unit 10 Rehoboth Beach, DE 19971

4 Beds
2 Baths
1,500 Sq Ft
$334/mo HOA Fee

Recently Sold

$222 Per Sq Ft

5% Below List Price

147 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • No Units Above
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Pond View

About This Home

As of July 2024

Highly sought after fantastic pond front penthouse unit with soaring cathedral ceilings and tons of natural light abound is move in ready for enjoying the beach today! Very open living concept with brand new energy efficient stainless steel appliances, spacious living room with wood burning fireplace with a screened porch and deck with all new patio furniture overlooking pond. Large master bedroom with private deck and en suite bath and large dual closets plus two additional bedrooms and hall bath on first level. Bed in smaller bedroom also has a bunk bed that can be added for additional sleeping space. Very private generous second floor loft bedroom with two large closets. Laundry room on first level is complete with brand new washer & dryer. New hot water heater 2018. New decks in 2018 and new HVAC in 2010. Sold furnished and turnkey with everything needed to start making your beach memories today! Comes complete with reserved parking and a storage unit on the ground level. Eagles Landing community features 3 pools, exercise/club room and tennis/sport court. Walking distance to restaurants and shops and easy biking distance to the beach.

Last Agent to Sell the Property

Michael Moreland

McWilliams/Ballard, Inc. License #RS-0024499

Last Buyer's Agent

CHARLES HELMER

Jack Lingo - Rehoboth License #RS-0020595

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • No Units Above
  • 1 Common Wall
  • West Facing Home
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $334 Monthly HOA Fees

Property Views

  • Pond
  • Garden
  • Courtyard

Home Design

  • Penthouse
  • Frame Construction
  • Batts Insulation
  • Wood Siding
  • CPVC or PVC Pipes
  • Asphalt

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Flood Lights

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Stove
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Partially Carpeted
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Front Loading Dryer
  • Front Loading Washer

Parking

  • Lighted Parking
  • Paved Parking
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Sport Court
  • Multiple Balconies
  • Water Fountains
  • Exterior Lighting

Schools

  • Rehoboth Elementary School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • High-Efficiency Water Heater

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, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Signature Property Management Condos, Phone Number (302) 260-9595
  • Eagles Landing Ii Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,214

Year Built

Built in 1994

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: 2 Rattan chairs in Living room, Silver Tray, Silver Dish
  • Historic: No
  • Home Warranty: No
  • Inclusions: Being sold fully furnished & turn key. Includes new patio furniture and all new appliances as well.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-05-31
  • Federal Flood Zone: No
  • Year Built: 1994
  • Remarks Public: Highly sought after fantastic pond front penthouse unit with soaring cathedral ceilings and tons of natural light abound is move in ready for enjoying the beach today! Very open living concept with brand new energy efficient stainless steel appliances, spacious living room with wood burning fireplace with a screened porch and deck with all new patio furniture overlooking pond. Large master bedroom with private deck and en suite bath and large dual closets plus two additional bedrooms and hall bath on first level. Bed in smaller bedroom also has a bunk bed that can be added for additional sleeping space. Very private generous second floor loft bedroom with two large closets. Laundry room on first level is complete with brand new washer & dryer. New hot water heater 2018. New decks in 2018 and new HVAC in 2010. Sold furnished and turnkey with everything needed to start making your beach memories today! Comes complete with reserved parking and a storage unit on the ground level. Eagles Landing community features 3 pools, exercise/club room and tennis/sport court. Walking distance to restaurants and shops and easy biking distance to the beach.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Dryer, Energy Efficient Appliances, Energy Star Dishwasher, Energy Star Refrigerator, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer - Front Loading, Water Heater, Water Heater - High-Efficiency
  • Entry Floor: 3
  • Flooring Type: Partially Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Primary Bath(s), Skylight(s), Walk-In Closet(s), Window Treatments
  • Window Features: Skylights
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above, 1 Common Wall
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings, High, 9'+ Ceilings
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Laundry Type: Dryer In Unit, Hookup, Washer In Unit
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 226.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

Beds/Baths

  • Bedrooms: 4
  • 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: Asphalt, Batts Insulation, Concrete, Cpvc/Pvc, Frame, Wood Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Underground Lawn Sprinkler, Water Fountains
  • Spa: No
  • View: Courtyard, Garden/Lawn, Water, Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Lighted Parking, Paved Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4010.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Signature Property Management
  • Condo Co-Op Phone: 302-260-9595
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool, Tennis Courts, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Capital Contribution Fee: 200.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: H 3108
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Total Actual Rent: 18000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5200223
  • School Tax: 1091.00
  • Tax Annual Amount: 1214.00
  • Assessor Parcel Number: 334-19.00-163.16-2410
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/27/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

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%
Total Days on Market
147
Views
77
Current Estimated Value
$582,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,297
Avg. Annual Appreciation
4.70%
Original Mortgage
$350,000
Outstanding Balance
$347,846
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$234,451

Purchase Details

Closed on
Dec 23, 2010
Bought by
Boehmer Barbara A (Trustee)

Map

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 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

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

Source: Bright MLS

MLS Number: DESU141474

Bright MLS

APN: 334-19.00-163.16-2410

Delaware Sussex County Rehoboth Beach 19971

241 American Eagle Way Unit 10, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 241 American Eagle Way Unit 10, Rehoboth Beach, DE 19971 and is currently priced at $332,500, approximately $221 per square foot. This property was built in 1994. 241 American Eagle Way Unit 10 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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