NOT LISTED FOR SALE

3500 Sanibel Cir Unit 3509 Rehoboth Beach, DE 19971

Estimated Value: $443,000 - $465,000

2 Beds
2 Baths
1,040 Sq Ft
$204/mo HOA Fee

Last Sold June 30, 2023

Last sale price $419,900 $404 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,688/month

5 Days on Market

Highlights

  • Open Floorplan
  • Coastal Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • Engineered Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2023

Fully furnished two bedroom, two bath condo on the 2nd floor of Sanibel Village. Views of pond and fountains. Just a short walk to restaurants and deli/market. Biking distance to downtown Rehoboth and the Beach/Boardwalk. Owners suite has a walk in closet. Condo has hardwood floors, tile and carpet. Appliances are stainless and washer and dryer are new in 2019. New hot water heater was installed in 2022. New toilets in both baths were upgraded in 2023. HVAC system was installed in 2022. Keyless entry and Ring doorbell convey. Sanibel Village includes three pools, tennis and community center.

Last Agent to Sell the Property

Mitch Selbiger

(410) 274-3479 MITSEL@AOL.COM Monument Sotheby's International Realty License #RA-0003297 Listed on: 05/30/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Mitch Selbiger

(410) 274-3479 MITSEL@AOL.COM Monument Sotheby's International Realty License #RA-0003297 Listed on: 05/30/2023

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $720

Year Built

  • Built in 2000

Lot Details

  • Sprinkler System

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Electric Front Loading Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.22-3203

Community Details

Overview

  • $450 Recreation Fee
  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash
  • Sanbel Village At Eagles Landing Assn Tidewater Pr HOA
  • Low-Rise Condominium
  • Sanibel Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$720

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, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: exceptions list will be provided. Some artwork. Some kitchen items. Balcony furniture.
  • Inclusions: sold furnished with exceptions
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-31
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Vinyl, Engineered Wood
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 403.75
  • Above Grade Finished Sq Ft: 1040
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3500

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
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail, Public Sewer
  • Utilities: Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 613.13
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: SANBEL VILLAGE AT EAGLES LANDING ASSN TIDEWATER PR
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 450.00
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 653.00
  • Tax Annual Amount: 720.00
  • Assessor Parcel Number: 334-19.00-163.22-3203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 9, 2021
Sold by
Newmans Johanna
Bought by
Schaeffer Jill B and Schaeffer Jay S
Seller's Agent
Jason Lesko
Redfin Corporation
Buyer's Agent
Mitch Selbiger
Monument Sotheby's International Realty
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Current Estimated Value
$455,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,754
Avg. Annual Appreciation
8.51%
Original Mortgage
$274,500
Outstanding Balance
$248,039
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$190,591

Purchase Details

Closed on
Aug 4, 2014
Sold by
Michalski Paul L and Michalski Kathleen M
Bought by
Frederick Tommy L and Wooledge Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schaeffer Jill B $305,000 None Available
Frederick Tommy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Jill B $274,500
Previous Owner Frederick Tommy L $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $419,900 0.0% $404 / Sq Ft
05/30/2023 05/30/23 For Sale $419,900 +37.7% $404 / Sq Ft
04/09/2021 04/09/21 Sold $305,000 +3.4% $293 / Sq Ft
03/04/2021 03/04/21 For Sale $295,000 +35.3% $284 / Sq Ft
04/15/2016 04/15/16 Sold $218,000 -3.1% $210 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $224,900 -- $216 / 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
2025 $808 $14,600 $0 $14,600
2024 $747 $14,600 $0 $14,600
2023 $746 $14,600 $0 $14,600
2022 $720 $14,600 $0 $14,600
2021 $713 $14,600 $0 $14,600
2020 $711 $14,600 $0 $14,600
2019 $712 $14,600 $0 $14,600
2018 $665 $15,150 $0 $0
2017 $637 $15,150 $0 $0
2016 $605 $15,150 $0 $0
2015 $578 $15,150 $0 $0
2014 $574 $15,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Selbiger

    Seller's Agent in 2023

    Mitch Selbiger

    OCEAN ATLANTIC SOTHEBYS

    (410) 274-3479

    37 in this area

    61 Total Sales

    Mitch Selbiger
    Section Image

  • J

    Seller's Agent in 2021

    Jason Lesko

    Redfin Corporation

    Jason Lesko
    Section Image
  • MARIAN CAMPO

    Seller Co-Listing Agent in 2021

    MARIAN CAMPO

    Iron Valley Real Estate at The Beach

    (302) 245-4417

    3 in this area

    54 Total Sales

    MARIAN CAMPO
    Section Image
  • Rhonda Frick

    Seller's Agent in 2016

    Rhonda Frick

    Long & Foster

    (302) 236-1456

    1 in this area

    127 Total Sales

    Rhonda Frick
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Bethany Frick

    Long & Foster

    (302) 519-7476

    1 in this area

    78 Total Sales

    Bethany Frick
    Section Image
  • MARIE DISPOTO

    Buyer's Agent in 2016

    MARIE DISPOTO

    Coldwell Banker Realty

    (302) 381-2260

    1 in this area

    33 Total Sales

    MARIE DISPOTO
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2041174

Bright MLS

APN: 334-19.00-163.22-3203

Delaware Sussex County Rehoboth Beach 19971

3500 Sanibel Cir Unit 3509, Rehoboth Beach, DE

This home is located at 3500 Sanibel Cir Unit 3509, Rehoboth Beach, DE 19971 since 30 May 2023 and is currently estimated at $455,754, approximately $438 per square foot. This property was built in 2000. 3500 Sanibel Cir Unit 3509 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes