NOT LISTED FOR SALE

3 Seastrand Ct Unit 29 Dewey Beach, DE 19971

4 Beds
3.5 Baths
1,800 Sq Ft
1,080 Sq Ft Lot

Last Sold April 20, 2020

Last sale price $800,000 $444 Per Sq Ft

56 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Wood Flooring

About This Home

As of April 2020

Welcome to 29 Seastrad located in the coveted community of Rehoboth By The Sea. This TURN KEY Ocean view condo is one that you do not want to miss out on. With $100,000.00 combined rental income over the last two summers and $49,995.00 in confirmed rentals for the summer of 2020 unit 29 has been meticulously cared for through the years. Boasting Atlantic ocean and Silver Lake views on all three levels of this condo, front row seats of Silver Lake off of the screened in porch, a private beach access, and a master suit that offers multiple water views will be sure to offer memories for a lifetime.

Last Agent to Sell the Property

John Redefer

Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 01/08/2020

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1998

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 16'x100'
  • Building is oceanfront but unit may not have water views
  • Land Lease of $9,888 per year expires in 37 years
  • Ground Rent

Property Views

  • Ocean
  • Lake

Home Design

  • Coastal Architecture
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.10-17.00-29

Community Details

Overview

  • No Home Owners Association
  • Seastrand Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Inclusions: Sold as shown minus personal items.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1998
  • Remarks Public: Welcome to 29 Seastrad located in the coveted community of Rehoboth By The Sea. This TURN KEY Ocean view condo is one that you do not want to miss out on. With $100,000.00 combined rental income over the last two summers and $49,995.00 in confirmed rentals for the summer of 2020 unit 29 has been meticulously cared for through the years. Boasting Atlantic ocean and Silver Lake views on all three levels of this condo, front row seats of Silver Lake off of the screened in porch, a private beach access, and a master suit that offers multiple water views will be sure to offer memories for a lifetime.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Carpet, Vinyl
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 460.56
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • View: Ocean, Lake, Water
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Lease Amount: 9888.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 37
  • Lot Size Acres: 0.02
  • Lot Dimensions: 16'X100'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: No

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Assessor Parcel Number: 334-20.10-17.00-29
  • Close Date: 04/20/2020

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
04/20/2020 04/20/20 Sold $800,000 -3.5% $444 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $829,000 0.0% $461 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $829,000 -- $461 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU153644

Bright MLS