NOT LISTED FOR SALE

Star of the Sea 307 S Boardwalk Unit 405 Rehoboth Beach, DE 19971

Estimated Value: $679,000 - $763,000

-- Bed
1 Bath
477 Sq Ft
$511/mo HOA Fee

Last Sold January 02, 2018

Last sale price $352,500 $739 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,404/month

Highlights

  • Ocean View
  • Private Pool
  • Furnished
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Elevator

About This Home

As of January 2018

Studio with stunning oceanfront views.

Last Agent to Sell the Property

Bill Mann

(302) 542-1696 Bill@MannAndSons.com Mann & Sons, Inc. License #RB-0020454 Listed on: 11/06/2017

Last Buyer's Agent

Bill Mann

(302) 542-1696 Bill@MannAndSons.com Mann & Sons, Inc. License #RB-0020454 Listed on: 11/06/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1974

Lot Details

  • Waterfront

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Parking Space Included

Home Design

  • Entry on the 4th floor
  • Flat Roof Shape
  • Piling Construction
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 477 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Dining Room
  • Ocean Views
  • Monitored

Kitchen

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

Flooring

  • Laminate
  • Tile or Brick

Outdoor Features

  • Private Pool
  • Water Access
  • Property is near an ocean
  • 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 334-14.18-79.00-405

Community Details

Overview

  • Low-Rise Condominium
  • Star Of The Sea Community
  • South Rehoboth Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Security

  • Security Service
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,001

Year Built

Built in 1974

Lot Details

0

HOA Fees

$511 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
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 4
  • Flooring Type: Laminated, Tile/Brick
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 477
  • Living Area Sq Ft: 477
  • Net Sq Ft: 477.00
  • Price Per Sq Ft: 786.16
  • Above Grade Finished Sq Ft: 477
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition
  • Construction Completed: Yes
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Under Home Parking
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6128.00
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities, Pool - Outdoor, Swimming Pool, Security
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197455
  • Tax Annual Amount: 1001.00
  • Assessor Parcel Number: 334-14.18-79.00-405
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 18, 2017
Sold by
Morgan Seth A and Derosis-Morgan Heloise
Bought by
Bartoli Robert W and Eddinger David P
Seller's Agent
Bill Mann
Mann & Sons, Inc.
Buyer's Agent
Bill Mann
Mann & Sons, Inc.
List Price
$375,000
Sold Price
$352,500
Premium/Discount to List
-$22,500
-6%
Current Estimated Value
$722,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,713
Avg. Annual Appreciation
9.43%
Original Mortgage
$227,500
Outstanding Balance
$191,585
Interest Rate
3.95%
Mortgage Type
Unknown
Estimated Equity
$530,628

Purchase Details

Closed on
Aug 28, 2001
Bought by
Morgan Seth A and Heloise Derosis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bartoli Robert W $352,500 --
Morgan Seth A $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartoli Robert W $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2018 01/02/18 Sold $352,500 -6.0% $739 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $375,000 -- $786 / Sq Ft
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 $1,133 $16,850 $0 $16,850
2024 $978 $16,850 $0 $16,850
2023 $978 $16,850 $0 $16,850
2022 $943 $16,850 $0 $16,850
2021 $935 $16,850 $0 $16,850
2020 $932 $16,850 $0 $16,850
2019 $933 $16,850 $0 $16,850
2018 $872 $19,850 $0 $0
2017 $835 $19,850 $0 $0
2016 $793 $19,850 $0 $0
2015 $758 $19,850 $0 $0
2014 $752 $19,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Mann

    Seller's Agent in 2018

    Bill Mann

    Mann & Sons, Inc.

    (302) 542-1696

    1 in this area

    3 Total Sales

    Bill Mann
    Section Image
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About Star of the Sea

Map

Source: Bright MLS

MLS Number: 1001034564

Bright MLS

APN: 334-14.18-79.00-405

Delaware Sussex County Rehoboth Beach 19971

307 S Boardwalk Unit 405, Rehoboth Beach, DE

Not Listed for Sale

Condos

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