NOT LISTED FOR SALE

35542 E Atlantic Cir Unit 2-20 Rehoboth Beach, DE 19971

Estimated Value: $363,000 - $523,000

2 Beds
2 Baths
-- Sq Ft
$230/mo HOA Fee

Last Sold October 16, 2023

Last sale price $400,000

Est. 1% increase in value since last sale

Current estimated payment $2,526/month

Highlights

  • No Units Above
  • 3.19 Acre Lot
  • Furnished
  • Rehoboth Elementary School Rated A
  • Traditional Architecture
  • Central Air

About This Home

As of October 2023

Long Standing, AMAZING Fully Furnished Air BNB, Completely Turn Key!!! Super Host Status with over 250 Reviews!! Seller will keep the current Air BNB Listing and Run for you. Pictures to be uploaded in the next few days.

Last Listed By

Amy Hamer Czyzia

Iron Valley Real Estate at The Beach License #RS-0019563 Listed on: 09/17/2023

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $654

Year Built

  • Built in 2003

Lot Details

  • No Units Above
  • Property is in excellent condition

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home
  • CPVC or PVC Pipes

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-12.00-105.00-2-20

Community Details

Overview

  • Low-Rise Condominium
  • Sandpiper Village Condo Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$654

Year Built

Built in 2003

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Table and Chairs, Shelves,( Family heirlooms )
  • Historic: No
  • Inclusions: Sold Fully Furnished Turn Key with a few exclusions
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-17
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Common Walls: No One Above
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35542

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: Concrete, Cpvc/Pvc, Stick Built, Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 3.19
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138956.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 63000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 592.00
  • Tax Annual Amount: 654.00
  • Assessor Parcel Number: 334-12.00-105.00-2-20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/16/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 13, 2023
Sold by
Killpack Redmond
Bought by
Schaffer Steven and Schaffer Tori
Seller's Agent
Amy Hamer Czyzia
Iron Valley Real Estate at The Beach
Buyer's Agent
Amy Hamer Czyzia
Iron Valley Real Estate at The Beach
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Total Days on Market
0
Views
48
Current Estimated Value
$403,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,891
Avg. Annual Appreciation
0.63%
Original Mortgage
$300,000
Outstanding Balance
$295,452
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$108,439

Purchase Details

Closed on
Oct 26, 2017
Sold by
Pleasants Alana and Pleasants Carl
Bought by
Pleasants Alana and Pleasants Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2003
Bought by
Pleasants Carl and Alana Pleasants

Range of Values:

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Average Value
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List Price
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
Schaffer Steven $400,000 None Listed On Document
Pleasants Alana -- None Available
Pleasants Carl $187,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Steven $300,000
Previous Owner Killpack Redmond $171,000
Previous Owner Pleasants Alana $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $400,000 -3.6% --
09/17/2023 09/17/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $415,000 +130.6% --
12/11/2019 12/11/19 Sold $180,000 -7.9% $180 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $195,500 -13.1% $196 / Sq Ft
08/07/2019 08/07/19 For Sale $225,000 -- $225 / 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 $678 $13,500 $0 $13,500
2023 $677 $13,500 $0 $13,500
2022 $654 $13,500 $0 $13,500
2021 $648 $13,500 $0 $13,500
2020 $646 $13,500 $0 $13,500
2019 $646 $13,500 $0 $13,500
2018 $604 $13,750 $0 $0
2017 $578 $13,750 $0 $0
2016 $549 $13,750 $0 $0
2015 $525 $13,750 $0 $0
2014 $521 $13,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2047890

Bright MLS

APN: 334-12.00-0105.00- 2-20