NOT LISTED FOR SALE

Star of the Sea 307 S Boardwalk Unit 510 Rehoboth Beach, DE 19971

Estimated Value: $667,000 - $1,241,861

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

Last Sold April 28, 2017

Last sale price $350,000 $806 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,085/month

50 Days on Market

Highlights

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

About This Home

As of April 2017

Tastefully redone oceanfront studio with sensational views. Located on the 5th floor, this studio features Pergo flooring and an upgraded kitchen. With the beach & boardwalk just steps away, much of Downtown Rehoboth is within a 10 minute walk. The building features a community pool and coin-op laundry. Condo fees include water, sewer, basic cable & WiFi

Last Agent to Sell the Property

Bill Mann

Mann & Sons, Inc. License #RB-0020454 Listed on: 01/15/2017

Last Buyer's Agent

Bill Mann

Mann & Sons, Inc. License #RB-0020454 Listed on: 01/15/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • Built in 1972

Lot Details

  • Waterfront

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Parking Space Included

Home Design

  • Flat Roof Shape
  • Piling Construction
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 434 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

  • Wood
  • 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 334-14.18-79.00-510

Community Details

Overview

  • Mid-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

$960

Year Built

Built in 1972

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: Tastefully redone oceanfront studio with sensational views. Located on the 5th floor, this studio features Pergo flooring and an upgraded kitchen. With the beach & boardwalk just steps away, much of Downtown Rehoboth is within a 10 minute walk. The building features a community pool and coin-op laundry. Condo fees include water, sewer, basic cable & WiFi
  • 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: 5
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Foundation Details: Pilings
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 434
  • Living Area Sq Ft: 434
  • Net Sq Ft: 434.00
  • Price Per Sq Ft: 875.35
  • Above Grade Finished Sq Ft: 434
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

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
  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 15385.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197472
  • Tax Annual Amount: 960.00
  • Assessor Parcel Number: 334-14.18-79.00-510
  • County Tax Payment Frequency: Annually
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2017
Closed on
Apr 28, 2017
Sold by
Shaffer Jeffrey B
Bought by
Franco Adolfo
Seller's Agent
Bill Mann
Mann & Sons, Inc.
Buyer's Agent
Bill Mann
Mann & Sons, Inc.
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Current Estimated Value
$820,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,216
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Mar 27, 1986
Bought by
Shaffer Jeffrey B and Shaffer Karen M
Source: Public Records

Range of Values:

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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
Franco Adolfo $350,000 None Available
Shaffer Jeffrey B $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $350,000 -10.0% $806 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
01/15/2017 01/15/17 For Sale $389,000 -- $896 / 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 $1,001 $17,300 $0 $17,300
2023 $1,000 $17,300 $0 $17,300
2022 $965 $17,300 $0 $17,300
2021 $956 $17,300 $0 $17,300
2020 $953 $17,300 $0 $17,300
2019 $954 $17,300 $0 $17,300
2018 $891 $20,300 $0 $0
2017 $854 $20,300 $0 $0
2016 $811 $20,300 $0 $0
2015 $775 $20,300 $0 $0
2014 $769 $20,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Mann

    Seller's Agent in 2017

    Bill Mann

    Mann & Sons, Inc.

    (302) 542-1696

    1 in this area

    4 Total Sales

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About Star of the Sea

Map

Source: Bright MLS

MLS Number: 1001024974

Bright MLS

APN: 334-14.18-79.00-510

Delaware Sussex County Rehoboth Beach 19971

307 S Boardwalk Unit 510, Rehoboth Beach, DE

This home is located at 307 S Boardwalk Unit 510, Rehoboth Beach, DE 19971 since 15 January 2017 and is currently estimated at $848,715, approximately $1,955 per square foot. This property was built in 1972. 307 S Boardwalk Unit 510 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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