NOT LISTED FOR SALE

Star of the Sea 307 S Boardwalk Unit 801 Rehoboth Beach, DE 19971

Estimated Value: $761,000 - $1,576,000

2 Beds
2 Baths
850 Sq Ft
$850/mo HOA Fee

Last Sold September 23, 2016

Last sale price $880,000 $1,035 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,844/month

14 Days on Market

Highlights

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

About This Home

As of September 2016

Unobstructed views of the ocean and southern exposure of the coast. Excellent rental income potential.

Last Listed By

JOEY MOSIEJ

Mann & Sons, Inc. Listed on: 08/16/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1973

Lot Details

  • Waterfront

HOA Fees

  • $850 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-79.00-801

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Security Guard
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,243

Year Built

Built in 1973

Lot Details

0

HOA Fees

$850 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: 1973
  • Remarks Public: Unobstructed views of the ocean and southern exposure of the coast. Excellent rental income potential.
  • 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: 8
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Window Treatments
  • Window Features: Insulated, Screens, Storm
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Net Sq Ft: 850.00
  • Price Per Sq Ft: 1041.18
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Under Home Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 10196.00
  • HOA Condo Co-Op Amenities: Cable, Elevator, Extra Storage, Laundry Facilities, Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Building Info

  • Building Features: Guard System

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 28700.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197499
  • Tax Annual Amount: 1243.00
  • Assessor Parcel Number: 334-14.18-79.00-801
  • County Tax Payment Frequency: Annually
  • Close Date: 09/23/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 22, 2016
Sold by
Barbara E Esch Rev Trust Dated September
Bought by
Cassel Douglas Harvey and Dalm Paul John
Seller's Agent
JOEY MOSIEJ
Mann & Sons, Inc.
Buyer's Agent
Bill Mann
Mann & Sons, Inc.
List Price
$885,000
Sold Price
$880,000
Premium/Discount to List
-$5,000
-0.56%
Total Days on Market
14
Current Estimated Value
$1,236,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,172
Avg. Annual Appreciation
2.92%

Range of Values:

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Average Value
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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
Cassel Douglas Harvey $880,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $880,000 -0.6% $1,035 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $885,000 -- $1,041 / 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 $1,289 $23,150 $0 $23,150
2023 $1,288 $23,150 $0 $23,150
2022 $1,243 $23,150 $0 $23,150
2021 $1,231 $23,150 $0 $23,150
2020 $1,228 $23,150 $0 $23,150
2019 $1,229 $23,150 $0 $23,150
2018 $1,148 $26,150 $0 $0
2017 $1,100 $26,150 $0 $0
2016 $1,045 $26,150 $0 $0
2015 $998 $26,150 $0 $0
2014 $991 $26,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001020746

Bright MLS

APN: 334-14.18-79.00-801