NOT LISTED FOR SALE

Star of the Sea 307 S Boardwalk Unit 406 Rehoboth Beach, DE 19971

Estimated Value: $699,000 - $897,000

-- Bed
1 Bath
475 Sq Ft
$549/mo HOA Fee

Last Sold June 17, 2022

Last sale price $695,000 $1,463 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,081/month

93 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Water Oriented
  • Rehoboth Elementary School Rated A
  • 24-Hour Security
  • Gourmet Kitchen

About This Home

As of June 2022

Oceanfront for less than $1 million! You won't find these direct, expansive beach and ocean views currently available anywhere else in Rehoboth Beach. Just steps to the famed Rehoboth Beach boardwalk, this unit has been sensibly and completely renovated with space-saving features and top of the line finishings. Solid maple painted cabinetry, sleek ceramic tile, coastal woodwork trim and walk-in closet with additional storage options. Spacious living area offers options for workspace or home office area with water views. Excellent rental potential paired with ease of ownership. One of the few oceanfront condominiums offering direct boardwalk & beach access directly out the front door.

Last Agent to Sell the Property

Cheryl Lynn Crowe

Jack Lingo - Rehoboth License #RS-0020914 Listed on: 02/23/2022

Jack Lingo - Rehoboth

Last Buyer's Agent

Walt Cassel

Dave McCarthy & Associates, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Two or More Common Walls
  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • 1 Assigned Subterranean Space
  • Private Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture

Interior Spaces

  • 475 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Combination Dining and Living Room
  • Efficiency Studio
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Conditioner is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.18-79.00-406

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), reserve funds, trash
  • Mid-Rise Condominium
  • Star Of The Sea Community
  • South Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities
  • 2 Elevators
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 1973

Lot Details

0

HOA Fees

$549 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Artwork, personal property items.
  • Inclusions: Major appliances, furnishings and fixtures.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-23
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oceanfront for less than $1 million! You won't find these direct, expansive beach and ocean views currently available anywhere else in Rehoboth Beach. Just steps to the famed Rehoboth Beach boardwalk, this unit has been sensibly and completely renovated with space-saving features and top of the line finishings. Solid maple painted cabinetry, sleek ceramic tile, coastal woodwork trim and walk-in closet with additional storage options. Spacious living area offers options for workspace or home office area with water views. Excellent rental potential paired with ease of ownership. One of the few oceanfront condominiums offering direct boardwalk & beach access directly out the front door.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Stainless Steel Appliances, Water Conditioner - Owned
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Built-Ins, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Efficiency, Floor Plan - Open, Kitchen - Gourmet, Primary Bedroom - Ocean Front, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated, Sliding, Storm
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Levels Count: 1
  • Room Count: 2
  • Basement: No
  • Total Sq Ft: 475
  • Living Area Sq Ft: 475
  • Price Per Sq Ft: 1610.53
  • Above Grade Finished Sq Ft: 475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Secure Storage
  • View: Ocean, Water
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, 24 Hour Security, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1647.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Trash
  • HOA: Yes
  • 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
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1164.00
  • Assessor Parcel Number: 334-14.18-79.00-406
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/17/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Griffith Jerry D and Griffith Gloria L
Bought by
Moring Sun Llc
Current Estimated Value
$801,908
Source: Public Records

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Range of Values:

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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
Moring Sun Llc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffith Jerry D $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $695,000 -9.2% $1,463 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $765,000 -3.8% $1,611 / Sq Ft
04/12/2022 04/12/22 Price Changed $795,000 -3.6% $1,674 / Sq Ft
03/14/2022 03/14/22 Price Changed $825,000 -1.2% $1,737 / Sq Ft
03/08/2022 03/08/22 Price Changed $835,000 -2.9% $1,758 / Sq Ft
03/03/2022 03/03/22 Price Changed $860,000 -3.4% $1,811 / Sq Ft
02/23/2022 02/23/22 For Sale $890,000 -- $1,874 / 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
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

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Map

Source: Bright MLS

MLS Number: DESU2016640

Bright MLS

APN: 334-14.18-79.00-406