NOT LISTED FOR SALE

25 Read Ave Unit 5 Dewey Beach, DE 19971

4 Beds
3.5 Baths
1,550 Sq Ft
$585/mo HOA Fee

Last Sold July 09, 2024

Last sale price $1,215,000 $784 Per Sq Ft

10 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to John Waples Memorial Playground

About This Home

As of July 2024

Ocean block in Dewey Beach! Enjoy ocean and bay views from the multiple decks and balconies in this 4 bedroom, 3.5 bath coastal retreat. Seabreeze Village is a 12-unit townhome community with a private pool situated a short distance off the ocean, Rehoboth Bay, restaurants, and all the amenities that Dewey has to offer. The main level includes an open floor plan with a modern kitchen and granite counters, dining area, family room with fireplace, and front and rear decks. The 3rd level includes 2 guest rooms, 2 full baths, and a spacious primary suite with balcony that offers excellent views. The 1st level includes an additional guest suite with access to a private screen porch. Additional exterior features include a covered parking space, with additional guest parking, outside storage, and an outside shower to rinse off after a day at the beach. This building has received a recent exterior renovation that includes new siding, decks, railings, etc. This unit offers excellent rental potential with built-in income for the 2024 season (10 weeks rented). Excellent opportunity for the ocean block with water views, pool, and convenience at this price!

Last Agent to Sell the Property

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284 Listed on: 05/31/2024

Jack Lingo - Rehoboth

Co-Listed By

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Last Buyer's Agent

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284 Listed on: 05/31/2024

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1984

HOA Fees

  • $585 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,550 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Building is oceanfront but unit may not have water views
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-20.18-203.01-5

Community Details

Overview

  • Association fees include lawn maintenance, trash, reserve funds, insurance, exterior building maintenance
  • Premier Community Association Management HOA
  • Seabreeze Village Community

Recreation

  • Community Pool

Security

  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,590

Year Built

Built in 1984

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Ocean block in Dewey Beach! Enjoy ocean and bay views from the multiple decks and balconies in this 4 bedroom, 3.5 bath coastal retreat. Seabreeze Village is a 12-unit townhome community with a private pool situated a short distance off the ocean, Rehoboth Bay, restaurants, and all the amenities that Dewey has to offer. The main level includes an open floor plan with a modern kitchen and granite counters, dining area, family room with fireplace, and front and rear decks. The 3rd level includes 2 guest rooms, 2 full baths, and a spacious primary suite with balcony that offers excellent views. The 1st level includes an additional guest suite with access to a private screen porch. Additional exterior features include a covered parking space, with additional guest parking, outside storage, and an outside shower to rinse off after a day at the beach. This building has received a recent exterior renovation that includes new siding, decks, railings, etc. This unit offers excellent rental potential with built-in income for the 2024 season (10 weeks rented). Excellent opportunity for the ocean block with water views, pool, and convenience at this price!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Refrigerator, Icemaker, Dishwasher, Disposal, Dryer, Microwave, Washer, Exhaust Fan
  • Flooring Type: Laminated, Carpet, Ceramic Tile
  • Interior Amenities: Window Treatments, Ceiling Fan(s)
  • Window Features: Screens, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1550
  • Living Area Sq Ft: 1550
  • Price Per Sq Ft: 770.97
  • Above Grade Finished Sq Ft: 1550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower, Secure Storage
  • Roof: Architectural Shingle
  • View: Ocean, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 585.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Trash, Reserve Funds, Insurance, Ext Bldg Maint
  • HOA Name: PREMIER COMMUNITY ASSOCIATION MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Balcony, Screened
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1326.00
  • Tax Annual Amount: 1590.20
  • Assessor Parcel Number: 334-20.18-203.01-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/09/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $1,215,000 +1.7% $784 / Sq Ft
05/31/2024 05/31/24 For Sale $1,195,000 +136.6% $771 / Sq Ft
03/20/2015 03/20/15 Sold $505,000 0.0% --
02/02/2015 02/02/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $505,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shaun Tull

    Seller's Agent in 2024

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    28 in this area

    274 Total Sales

    Shaun Tull
    Section Image
  • Bryce Lingo

    Seller Co-Listing Agent in 2024

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    23 in this area

    346 Total Sales

    Bryce Lingo
    Section Image
  • HENRY MCKAY

    Seller's Agent in 2015

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    1 in this area

    24 Total Sales

    HENRY MCKAY
    Section Image
  • Christina Haag

    Seller Co-Listing Agent in 2015

    Christina Haag

    Jack Lingo - Rehoboth

    (302) 227-3883

    1 in this area

    36 Total Sales

    Christina Haag
    Section Image
  • Skip Faust

    Buyer's Agent in 2015

    Skip Faust

    Coldwell Banker Premier - Rehoboth

    (302) 745-8764

    6 in this area

    158 Total Sales

    Skip Faust
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2063504

Bright MLS
Delaware Sussex County Dewey Beach 19971

25 Read Ave Unit 5, Dewey Beach, DE

This home is located at 25 Read Ave Unit 5, Dewey Beach, DE 19971 since 31 May 2024. This property was built in 1984. 25 Read Ave Unit 5 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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