NOT LISTED FOR SALE

3300 Sanibel Cir Unit 3317 Rehoboth Beach, DE 19971

Estimated Value: $311,474 - $450,000

2 Beds
2 Baths
1,040 Sq Ft
$183/mo HOA Fee

Last Sold July 07, 2020

Last sale price $240,000 $231 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,501/month

9 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Ceramic Tile Flooring
  • Rehoboth Elementary School Rated A
  • Tennis Courts
  • Heat Pump System

About This Home

As of July 2020

Being sold fully turn-key, this top floor 2 BR, 2 BA unit is close enough to walk to the beach, but out of the busyness of downtown! No neighbors above you to listen to! Featuring hardwood in foyer and kitchen, granite counter tops, tile back splash. Open floor plan with split bedrooms. Electric fireplace for those off-season weekends at the beach. Community features 3 different pools available for your use. Approximately 1 mile to downtown Rehoboth Beach, with restaurants available about a block away. This property has had a great rental history, but has been well maintained. Everything you see conveys!

Last Agent to Sell the Property

Allen Jarmon

NextHome Tomorrow Realty License #RA-0002913 Listed on: 04/28/2020

NextHome Tomorrow Realty

Last Buyer's Agent

Cheryl Lynn Crowe

Jack Lingo - Rehoboth License #RS-0020914

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $717

Year Built

  • Built in 2000

Lot Details

  • Property is in good condition

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Electric Fireplace

Kitchen

  • Electric Oven or Range
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.22-1305

Community Details

Overview

  • $440 Recreation Fee
  • $550 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Sanibel Village Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$717

Year Built

Built in 2000

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Remarks Public: Being sold fully turn-key, this top floor 2 BR, 2 BA unit is close enough to walk to the beach, but out of the busyness of downtown! No neighbors above you to listen to! Featuring hardwood in foyer and kitchen, granite counter tops, tile back splash. Open floor plan with split bedrooms. Electric fireplace for those off-season weekends at the beach. Community features 3 different pools available for your use. Approximately 1 mile to downtown Rehoboth Beach, with restaurants available about a block away. This property has had a great rental history, but has been well maintained. Everything you see conveys!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater, Dishwasher, Disposal
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 235.58
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3300

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 550.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 440.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 550.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 15250.00
  • Land Assessed Value: 550.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200390
  • School Tax: 649.00
  • Tax Annual Amount: 717.00
  • Assessor Parcel Number: 334-19.00-163.22-1305
  • Tax Total Finished Sq Ft: 1040
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/07/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 3, 2020
Sold by
C J Johansen & H Boyd Ret
Bought by
Coveney Michael and Bray Kevin M
Seller's Agent
Allen Jarmon
NextHome Tomorrow Realty
Buyer's Agent
Cheryl Lynn Crowe
Jack Lingo - Rehoboth
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$407,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,869
Avg. Annual Appreciation
11.17%
Original Mortgage
$200,000
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Coveney Michael $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coveney Michael $200,000
Previous Owner Boyd Herman $75,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $240,000 -2.0% $231 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $245,000 -- $236 / 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 $779 $15,250 $0 $15,250
2023 $778 $15,250 $0 $15,250
2022 $751 $15,250 $0 $15,250
2021 $744 $15,250 $0 $15,250
2020 $742 $15,250 $0 $15,250
2019 $743 $15,250 $0 $15,250
2018 $694 $15,800 $0 $0
2017 $664 $15,800 $0 $0
2016 $631 $15,800 $0 $0
2015 $603 $15,800 $0 $0
2014 $599 $15,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allen Jarmon

    Seller's Agent in 2020

    Allen Jarmon

    NextHome Tomorrow Realty

    (302) 745-5122

    44 in this area

    87 Total Sales

    Allen Jarmon
    Section Image
  • Cheryl Lynn Crowe

    Buyer's Agent in 2020

    Cheryl Lynn Crowe

    Jack Lingo - Rehoboth

    (302) 745-9915

    14 in this area

    27 Total Sales

    Cheryl Lynn Crowe
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU160154

Bright MLS

APN: 334-19.00-163.22-1305

Delaware Sussex County Rehoboth Beach 19971

3300 Sanibel Cir Unit 3317, Rehoboth Beach, DE

This home is located at 3300 Sanibel Cir Unit 3317, Rehoboth Beach, DE 19971 since 28 April 2020 and is currently estimated at $407,869, approximately $392 per square foot. This property was built in 2000. 3300 Sanibel Cir Unit 3317 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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