$305,000
SOLD APR 9, 2021

3500 Sanibel Cir Unit 3509 Rehoboth Beach, DE 19971

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

Recently Sold

$293 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Pond View
  • Open Floorplan
  • Upgraded Countertops
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of June 2023

Minutes to the Rehoboth Beach boardwalk, Dewey Beach, restaurants, shopping, outlets and State park and trails from this fully furnished 2 Bedroom, 2 Bath Unit! This property was a family vacation home and was never rented. Enjoy a peaceful pond view with fountains on your screened in porch. This home offers an open floor plan. The owner's suite has a walk-in closet. The home is equipped with a Nest Thermostat to be able to control from any location. The owners renovated the kitchen to include granite counter tops and stainless steel appliances in 2018. A new washer and dryer were installed in 2019. Keyless entry! Located in the highly desired community of Sanibel Village, the community offers access to 3 swimming pools, tennis courts and a community center. A perfect vacation home as well as an excellent rental property if you choose to share it! The only unit available in Sanibel Village. This turn-key property will go fast! Act fast and schedule your tour today!

Last Agent to Sell the Property

Jason Lesko

Redfin Corporation Listed on: 03/04/2021

Redfin Corporation

Co-Listed By

MARIAN CAMPO

Iron Valley Real Estate at The Beach License #RS-0022965

Last Buyer's Agent

Mitch Selbiger

Monument Sotheby's International Realty License #RA-0003297

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 2001 | Remodeled in 2018

Lot Details

  • Property is in excellent condition

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Electric Front Loading Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-3203

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash
  • $37 Other Monthly Fees
  • Legum & Norman, Inc. HOA, Phone Number (302) 227-8448
  • Low-Rise Condominium
  • Sanibel Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 2001 | Remodeled in 2018

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
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: Orange Grill in Laundry Room, Small fan in closet
  • Inclusions: All furnishings, Nest Thermostat, Keyless Entry
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: Minutes to the Rehoboth Beach boardwalk, Dewey Beach, restaurants, shopping, outlets and State park and trails from this fully furnished 2 Bedroom, 2 Bath Unit! This property was a family vacation home and was never rented. Enjoy a peaceful pond view with fountains on your screened in porch. This home offers an open floor plan. The owner's suite has a walk-in closet. The home is equipped with a Nest Thermostat to be able to control from any location. The owners renovated the kitchen to include granite counter tops and stainless steel appliances in 2018. A new washer and dryer were installed in 2019. Keyless entry! Located in the highly desired community of Sanibel Village, the community offers access to 3 swimming pools, tennis courts and a community center. A perfect vacation home as well as an excellent rental property if you choose to share it! The only unit available in Sanibel Village. This turn-key property will go fast! Act fast and schedule your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1040
  • Living Area Sq Ft: 1040
  • Price Per Sq Ft: 283.65
  • 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
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: LEGUM & NORMAN, INC.
  • HOA Phone: 302 227 8448
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 440.00
  • Other Fees Frequency: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5200418
  • School Tax: 620.00
  • Tax Annual Amount: 685.00
  • Assessor Parcel Number: 334-19.00-163.22-3203
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/09/2021

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
$426,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,062
Avg. Annual Appreciation
8.59%
Original Mortgage
$274,500
Outstanding Balance
$250,690
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$183,971

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $305,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $153,750 New Conventional
Previous Owner $138,500 No Value Available
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
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

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Map

Source: Bright MLS

MLS Number: DESU178498

Bright MLS

APN: 334-19.00-163.22-3203