$375,000
SOLD MAY 7, 2021

29 Maryland Ave Unit 211 Rehoboth Beach, DE 19971

-- Bed
1 Bath
484 Sq Ft
$83/mo HOA Fee

Recently Sold

$775 Per Sq Ft

1% Below List Price

About This Home

As of September 2021

$1000/ annual condo dues and $226 annual taxes in the heart of Rehoboth Beach. The best location and nearly free to maintain. A rare flat in the Pine and Brine on the ocean block at the corner of First Street and Maryland Avenue, a literal 1 minute walk to the beach or any good restaurant in town. Renovated from top to bottom in Jan 2020. Never rented. Top of the line finishes and furnishings all included. 1 designated parking spot on premises and 2 street parking passes . Washer and dryer in unit.

Last Agent to Sell the Property

Jared Bowers

(302) 494-0214 jared@wfpcc.com Coldwell Banker Realty License #RS-0022724 Listed on: 03/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Jared Bowers

(302) 494-0214 jared@wfpcc.com Coldwell Banker Realty License #RS-0022724 Listed on: 03/24/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $226

Year Built

  • Built in 1960

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 484 Sq Ft Home
  • Property has 1 Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, insurance, lawn maintenance
  • Low-Rise Condominium
  • Pine And Brine Community
  • North Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-352.00-211

Property Details

Home Type

Condominium

Est. Annual Taxes

$226

Year Built

Built in 1960

Lot Details

0

HOA Fees

$83 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: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 484
  • Living Area Sq Ft: 484
  • Price Per Sq Ft: 783.06
  • Above Grade Finished Sq Ft: 484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1000.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 126.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 226.00
  • Assessor Parcel Number: 334-14.13-352.00-211
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 24, 2021
Sold by
Firstcollect Inc
Bought by
Makhlouf Emily M
Seller's Agent
Valerie Ellenberger
Compass
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$505,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,667
Avg. Annual Appreciation
5.68%
Original Mortgage
$324,000
Outstanding Balance
$248,975
Interest Rate
2.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$256,692

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 31, 2019
Sold by
Cox William A and Cox Bonnie
Bought by
Bowers Jared S
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Jared Bowers
Coldwell Banker Realty
List Price
$309,900
Sold Price
$280,000
Premium/Discount to List
-$29,900
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.78%
Original Mortgage
$224,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $405,000 None Available
Deed $280,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $224,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $405,000 -2.4% $837 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $415,000 +10.7% $857 / Sq Ft
05/07/2021 05/07/21 Sold $375,000 -1.1% $775 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $379,000 +35.4% $783 / Sq Ft
12/31/2019 12/31/19 Sold $280,000 -9.6% --
11/25/2019 11/25/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $309,900 -- --
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
2025 $804 $1,950 $0 $1,950
2024 $177 $1,950 $0 $1,950
2023 $177 $1,950 $0 $1,950
2022 $171 $1,950 $0 $1,950
2021 $170 $1,950 $0 $1,950
2020 $169 $1,950 $0 $1,950
2019 $169 $1,950 $0 $1,950
2018 $158 $3,600 $0 $0
2017 $151 $3,600 $0 $0
2016 $144 $3,600 $0 $0
2015 $137 $3,600 $0 $0
2014 $136 $3,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU179816

Bright MLS

APN: 334-14.13-352.00-211