NOT LISTED FOR SALE

Sanibel Village 3400 Sanibel Cir Unit 3408 Rehoboth Beach, DE 19971

Estimated Value: $401,444 - $444,000

2 Beds
2 Baths
1,200 Sq Ft
$204/mo HOA Fee

Last Sold March 28, 2025

Last sale price $430,000 $358 Per Sq Ft

55 Days on Market

Highlights

  • Water Oriented
  • Pond View
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2025

Welcome home to this bright and airy beach home with an open floor plan. Located steps from Downtown Rehoboth Beach with some of the best dining on the East coast. Tons of shopping, Night life, and one of the top beaches in the Mid Atlantic. Let's make YOU the lucky buyer. This property has 2 large bedrooms, and 2 full baths. Laundry and a large living room and dining area. The kitchen is open to the living area so you will not miss a game or guest while cooking your best meal. The Screened covered patio overlooking the pond is just added space to hangout and enjoy the view. Most months you will enjoy the sounds of the beautiful water fountain. The community has several pools, tennis, a club house, bike racks and scooter parking. The landscaping is one of the best, very well maintained and manicured. This premier community will not disappoint. This property comes fully furnished.

Last Agent to Sell the Property

Mark Macomber

RE/MAX Realty Group Rehoboth License #12565 Listed on: 01/06/2025

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Debra Zyskowski

RLAH Real Estate License #5007436

RLAH Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $779

Year Built

  • Built in 2000

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Pond Views

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Screened Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.22-2202

Community Details

Overview

  • $460 Recreation Fee
  • $613 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), recreation facility, snow removal, trash
  • Low-Rise Condominium
  • Tidewater Property Management Condos
  • Sanibel Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$779

Year Built

Built in 2000

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: All appliances and all furniture. (furniture has no Value )
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-01-06
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome home to this bright and airy beach home with an open floor plan. Located steps from Downtown Rehoboth Beach with some of the best dining on the East coast. Tons of shopping, Night life, and one of the top beaches in the Mid Atlantic. Let's make YOU the lucky buyer. This property has 2 large bedrooms, and 2 full baths. Laundry and a large living room and dining area. The kitchen is open to the living area so you will not miss a game or guest while cooking your best meal. The Screened covered patio overlooking the pond is just added space to hangout and enjoy the view. Most months you will enjoy the sounds of the beautiful water fountain. The community has several pools, tennis, a club house, bike racks and scooter parking. The landscaping is one of the best, very well maintained and manicured. This premier community will not disappoint. This property comes fully furnished.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Flat, Floor Plan - Open, Primary Bath(s), Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 365.83
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3400

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: Vinyl Siding
  • Exterior Features: Exterior Lighting
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 613.13
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Tidewater Property Management
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 460.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 613.13

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Screened
  • Year Assessed: 2024
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 708.00
  • Tax Annual Amount: 779.00
  • Assessor Parcel Number: 334-19.00-163.22-2202
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/28/2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Mar 28, 2025
Sold by
Bailey Property Management Llc
Bought by
Next Level Properties Llc
Seller's Agent
Mark Macomber
RE/MAX Realty Group Rehoboth
Buyer's Agent
Debra Zyskowski
RLAH Real Estate
List Price
$444,000
Sold Price
$430,000
Premium/Discount to List
-$14,000
-3.15%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.53%
Original Mortgage
$322,500
Outstanding Balance
$322,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$104,861

Purchase Details

Closed on
Aug 1, 2016
Sold by
Myers Christine M and Ranck Lori R
Bought by
Behringer Michaelf and Correa Nelson P
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
Next Level Properties Llc $430,000 None Listed On Document
Next Level Properties Llc $430,000 None Listed On Document
Behringer Michaelf $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Next Level Properties Llc $322,500
Closed Next Level Properties Llc $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $430,000 -2.1% $358 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $439,000 -1.1% $366 / Sq Ft
01/06/2025 01/06/25 For Sale $444,000 -- $370 / 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

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Map

Source: Bright MLS

MLS Number: DESU2076616

Bright MLS

APN: 334-19.00-163.22-2202