NOT LISTED FOR SALE

3500 Sanibel Cir Unit 3515 Rehoboth Beach, DE 19971

Estimated Value: $211,404 - $443,000

2 Beds
2 Baths
1,000 Sq Ft
$183/mo HOA Fee

Last Sold September 11, 2020

Last sale price $243,000 $243 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,265/month

Highlights

  • Open Floorplan
  • Community Pool
  • Corner Fireplace
  • Rehoboth Elementary School Rated A
  • Family Room Off Kitchen
  • Sliding Doors

About This Home

As of September 2020

The perfect beach getaway is waiting for you in conveniently located Sanibel Village! Freshly painted and waiting for your personal touches, this 2 bed/2 full bath condo has a welcoming open floor plan perfect for entertaining. Guests can gather at the breakfast bar, dining area, living room or best of all- the screened porch overlooking the serene community pond. There is even a gas fireplace for chilly winter nights. The master bedroom has its own spacious en-suite bathroom and plenty of closet space. Second bedroom is just off of the hall full bath and laundry room. Purchasing this condo will give you access to all 3 community pools as well as a tennis court. This prime location allows you to walk or bike into Rehoboth for the boardwalk, shopping and dining. The nightlife of Dewey Beach is also just a bike ride away. If you want a day of waterslides, lazy rivers, miniature golf and all of the other fun that comes with a waterpark, you are in the right place as Jungle Jims is within walking distance of the community. Rehoboth is known for its dining opportunities and this location has some well known restaurants just around the corner. It really is the perfect spot! Seller replaced air conditioning unit this past year, brand new! If you are looking for an investment opportunity, this condo does have a proven rental record.

Last Agent to Sell the Property

DENISE CAIN

(302) 542-5662 denise.cain@oasir.net Monument Sotheby's International Realty Listed on: 01/25/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Molly Bayard

(302) 381-0839 mbayard929@gmail.com Jack Lingo - Rehoboth License #RS-0022070

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 2000

Lot Details

  • Property is in good condition

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 3rd floor
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Corner Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Family Room Off Kitchen

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-3303

Community Details

Overview

  • $440 Recreation Fee
  • Low-Rise Condominium
  • Sanibel Village Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$685

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
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: The perfect beach getaway is waiting for you in conveniently located Sanibel Village! Freshly painted and waiting for your personal touches, this 2 bed/2 full bath condo has a welcoming open floor plan perfect for entertaining. Guests can gather at the breakfast bar, dining area, living room or best of all- the screened porch overlooking the serene community pond. There is even a gas fireplace for chilly winter nights. The master bedroom has its own spacious en-suite bathroom and plenty of closet space. Second bedroom is just off of the hall full bath and laundry room. Purchasing this condo will give you access to all 3 community pools as well as a tennis court. This prime location allows you to walk or bike into Rehoboth for the boardwalk, shopping and dining. The nightlife of Dewey Beach is also just a bike ride away. If you want a day of waterslides, lazy rivers, miniature golf and all of the other fun that comes with a waterpark, you are in the right place as Jungle Jims is within walking distance of the community. Rehoboth is known for its dining opportunities and this location has some well known restaurants just around the corner. It really is the perfect spot! Seller replaced air conditioning unit this past year, brand new! If you are looking for an investment opportunity, this condo does have a proven rental record.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Family Room Off Kitchen, Primary Bath(s)
  • Fireplace Features: Corner, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Insulated, Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 249.90
  • Above Grade Finished Sq Ft: 1000
  • 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: Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 440.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced, In Ground

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: 14600.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200424
  • School Tax: 620.00
  • Tax Annual Amount: 685.00
  • Assessor Parcel Number: 334-19.00-163.22-3303
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/11/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Sep 8, 2020
Sold by
Jeffrey Hill Ret
Bought by
Fischbach Karen L and Cartin Dana M
Seller's Agent
DENISE CAIN
Monument Sotheby's International Realty
Buyer's Agent
Molly Bayard
Jack Lingo - Rehoboth
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%
Current Estimated Value
$380,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,101
Avg. Annual Appreciation
9.24%
Original Mortgage
$194,400
Outstanding Balance
$172,517
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$207,584
Source: Public Records

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 Buyer Sale Price Title Company
Fischbach Karen L $243,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischbach Karen L $194,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $243,000 -2.8% $243 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $249,900 -- $250 / 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 $804 $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

  • DENISE CAIN

    Seller's Agent in 2020

    DENISE CAIN

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5662

    12 in this area

    52 Total Sales

    DENISE CAIN
    Section Image
  • Molly Bayard

    Buyer's Agent in 2020

    Molly Bayard

    Jack Lingo - Rehoboth

    (302) 381-0839

    33 in this area

    116 Total Sales

    Molly Bayard
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU154594

Bright MLS

APN: 334-19.00-163.22-3303

Delaware Sussex County Rehoboth Beach 19971

3500 Sanibel Cir Unit 3515, Rehoboth Beach, DE

This home is located at 3500 Sanibel Cir Unit 3515, Rehoboth Beach, DE 19971 since 25 January 2020 and is currently estimated at $380,101, approximately $380 per square foot. This property was built in 2000. 3500 Sanibel Cir Unit 3515 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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