NOT LISTED FOR SALE

35552 E Atlantic Cir Unit 111 Rehoboth Beach, DE 19971

Estimated Value: $275,092 - $457,000

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

Last Sold April 25, 2022

Last sale price $328,000

Est. 12% increase in value since last sale

Current estimated payment $2,242/month

Highlights

  • 3.19 Acre Lot
  • Traditional Floor Plan
  • Furnished
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Galley Kitchen

About This Home

As of April 2022

Investor ALERT!!!!! This turnkey Air BNB is being offered FURNISHED, and ready to go. SUPERHOST, with all the Bells and whistles. Price is firm, this is a real Money Maker. Tiles floors, Updated Kitchen and Baths throughout. Interior is Decorated extremely Tasteful and Upscale!! Seller's are willing to Negotiate Managing the Air Bnb with Investor if they prefer.

Last Agent to Sell the Property

Amy Hamer Czyzia

(302) 228-0541 amyczyzia@gmail.com Iron Valley Real Estate at The Beach License #RS-0019563 Listed on: 01/29/2022

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $589

Year Built

  • Built in 2002

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Blown-In Insulation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-12.00-105.00-1-11

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn care front, management, road maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Signature Prop Management Condos, Phone Number (302) 260-9595
  • Sandpiper Community
  • Sandpiper Village Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$589

Year Built

Built in 2002

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
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Some personal exclusions
  • Home Warranty: No
  • Inclusions: Furniture
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-02
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investor ALERT!!!!! This turnkey Air BNB is being offered FURNISHED, and ready to go. SUPERHOST, with all the Bells and whistles. Price is firm, this is a real Money Maker. Tiles floors, Updated Kitchen and Baths throughout. Interior is Decorated extremely Tasteful and Upscale!! Seller's are willing to Negotiate Managing the Air Bnb with Investor if they prefer.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Galley, Pantry, Sprinkler System, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Energy Star Qualified
  • Other Equipment: Negotiable
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35552

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: Blown-In Insulation, Concrete
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Signature Prop Management
  • Condo Co-Op Phone: 302-260-9595
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Care Front, Management, Road Maintenance, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • 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
  • Year Assessed: 2021
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5189477
  • School Tax: 533.00
  • Tax Annual Amount: 589.00
  • Assessor Parcel Number: 334-12.00-105.00-1-11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/25/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Apr 25, 2022
Sold by
Ballentine Samantha Jean
Bought by
Jenkins Katelyn
Seller's Agent
Amy Hamer Czyzia
Iron Valley Real Estate at The Beach
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$345,000
Sold Price
$328,000
Premium/Discount to List
-$17,000
-4.93%
Current Estimated Value
$368,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,023
Avg. Annual Appreciation
3.39%
Original Mortgage
$306,850
Outstanding Balance
$286,988
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$81,035
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
Jenkins Katelyn $328,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Katelyn $306,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $328,000 -4.9% --
02/02/2022 02/02/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $345,000 +76.9% --
04/24/2020 04/24/20 Sold $195,000 -4.9% $184 / Sq Ft View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $205,000 -- $193 / 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 $635 $12,250 $0 $12,250
2024 $616 $12,250 $0 $12,250
2023 $616 $12,250 $0 $12,250
2022 $594 $12,250 $0 $12,250
2021 $589 $12,250 $0 $12,250
2020 $587 $12,250 $0 $12,250
2019 $588 $12,250 $0 $12,250
2018 $549 $12,500 $0 $0
2017 $526 $12,500 $0 $0
2016 $499 $12,500 $0 $0
2015 $477 $12,500 $0 $0
2014 $474 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Hamer Czyzia

    Seller's Agent in 2022

    Amy Hamer Czyzia

    Iron Valley Real Estate at The Beach

    (302) 228-0541

    27 in this area

    100 Total Sales

    Amy Hamer Czyzia
    Section Image
  • Carrie Lingo

    Buyer's Agent in 2022

    Carrie Lingo

    Jack Lingo - Lewes

    (302) 500-0825

    148 in this area

    856 Total Sales

    Carrie Lingo
    Section Image
  • Shawn McDonnell

    Buyer Co-Listing Agent in 2022

    Shawn McDonnell

    Jack Lingo - Lewes

    (302) 542-8591

    46 in this area

    152 Total Sales

    Shawn McDonnell
    Section Image
  • LUZ ESCOBAR

    Seller's Agent in 2020

    LUZ ESCOBAR

    BHHS PenFed (actual)

    (302) 260-2080

    17 in this area

    76 Total Sales

    LUZ ESCOBAR
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2014840

Bright MLS

APN: 334-12.00-105.00-1-11

Delaware Sussex County Rehoboth Beach 19971

35552 E Atlantic Cir Unit 111, Rehoboth Beach, DE

This home is located at 35552 E Atlantic Cir Unit 111, Rehoboth Beach, DE 19971 since 29 January 2022 and is currently estimated at $368,023. This property was built in 2002. 35552 E Atlantic Cir Unit 111 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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