Star of the Sea 307 S Boardwalk Unit 104 Rehoboth Beach, DE 19971
Estimated Value: $583,000 - $858,184
--
Bed
1
Bath
475
Sq Ft
$549/mo
HOA Fee
Highlights
- Concierge
- 15 Feet of Waterfront
- Open Floorplan
- Rehoboth Elementary School Rated A
- Sandy Beach
- Engineered Wood Flooring
About This Home
As of June 2022Enjoy the peaceful serenity of the panoramic ocean views! This ocean front condo is completely turn key, sold furnished and ready to be a personal vacation home or high income, low maintenance rental unit. Rental income averages $40,000/year and gets excellent reviews! Nicely tucked away Murphy Bed, living room, dining area, renovated kitchen, bathroom with tub/shower, closet, tiled and laminate flooring throughout, Nest’s web or mobile WiFi thermostat allow you to adjust the temperature from anywhere. Smart lock keyless entrance to unit, and cell phone remote building entrance system. Concierge at lobby desk during business hours. Relax at the amazing, outdoor heated pool in Star of the Sea, an elevator building or just steps to the ocean. Off street parking lot and underground parking garage available. All balcony railings are being replaced with NO special assessment.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,065
Year Built
- Built in 1973
Lot Details
- 15 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
- Property is in excellent condition
HOA Fees
- $549 Monthly HOA Fees
Home Design
- Masonry
- Stucco
Interior Spaces
- 1 Full Bathroom
- 475 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Dining Area
- Efficiency Studio
- Basement
- Garage Access
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Parking
- 1 Open Parking Space
- 1 Parking Space
- Private Parking
- Parking Lot
- Off-Street Parking
- Unassigned Parking
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Water Access
- Property is near an ocean
- Swimming Allowed
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.18-79.00-104
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pool(s), reserve funds, trash, water
- Mid-Rise Condominium
- Star Of The Sea Community
- South Rehoboth Subdivision
Amenities
- Concierge
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Security
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2022
Closed on
Jun 27, 2022
Sold by
Michael Daniel Calabro Living Trust
Bought by
Houck Joshua Daniel Tolo and Houch Anjanette Leigh
Seller's Agent
John Black
Patterson-Schwartz-Rehoboth
Buyer's Agent
Kathy Goff
Long & Foster Real Estate, Inc.
List Price
$589,900
Sold Price
$630,000
Premium/Discount to List
$40,100
6.8%
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
$106,796
Avg. Annual Appreciation
4.96%
Original Mortgage
$478,400
Outstanding Balance
$457,910
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$270,905
Purchase Details
Closed on
Jun 13, 2017
Sold by
Fuchs Monika
Bought by
Michael Daniel Calabro Rev Living Trust
Purchase Details
Closed on
Nov 13, 1990
Bought by
Fuchs Monika and Ramsau Ad A8972
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Houck Joshua Daniel Tolo | $630,000 | Giordano Delcollo Werb & Gagne | |
| Michael Daniel Calabro Rev Living Trust | $640,000 | None Available | |
| Fuchs Monika | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Houck Joshua Daniel Tolo | $478,400 | |
| Closed | Houck Joshua Daniel Tolo | $478,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2022 06/27/22 | Sold | $630,000 | +6.8% | $1,326 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $589,900 | -- | $1,242 / 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 | $885 | $14,950 | $0 | $14,950 |
| 2023 | $884 | $14,950 | $0 | $14,950 |
| 2022 | $853 | $14,950 | $0 | $14,950 |
| 2021 | $845 | $14,950 | $0 | $14,950 |
| 2020 | $843 | $14,950 | $0 | $14,950 |
| 2019 | $844 | $14,950 | $0 | $14,950 |
| 2018 | $788 | $17,950 | $0 | $0 |
| 2017 | $755 | $17,950 | $0 | $0 |
| 2016 | $717 | $17,950 | $0 | $0 |
| 2015 | $685 | $17,950 | $0 | $0 |
| 2014 | $680 | $17,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Black
Seller's Agent in 2022
John Black
Patterson Schwartz
(302) 249-6922
32 in this area
53 Total Sales
-
BILL PEIFFER
Seller Co-Listing Agent in 2022
BILL PEIFFER
Patterson Schwartz
(302) 542-9318
17 in this area
35 Total Sales
-
Kathy Goff
K
Buyer's Agent in 2022
Kathy Goff
Long & Foster
(410) 459-7270
2 in this area
17 Total Sales
About Star of the Sea
Map
Source: Bright MLS
MLS Number: DESU2020994
APN: 334-14.18-79.00-104
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