NOT LISTED FOR SALE

35979 Condo Dr Unit 102 Rehoboth Beach, DE 19971

Estimated Value: $357,000 - $508,000

2 Beds
2 Baths
980 Sq Ft
$233/mo HOA Fee

Last Sold April 27, 2023

Last sale price $349,860 $357 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,481/month

3 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Garden View
  • Family Room Off Kitchen

About This Home

As of April 2023

Adorable first floor condo, no stairs to climb! This 2 bedroom/2 bath home features an open floor plan with a breakfast bar just off of the kitchen. The living room faces sliders that lead out to the screened porch. Great place for morning coffee or relaxing after a day on the beach. The first floor location allows you to walk off the porch out to the large grassy common area that leads to the pool. The first floor location also allows you to have your own personal grill for afternoon picnics! The primary bedroom has an en suite bath with walk in shower. The hall bath just off of the second bedroom has a tub shower combo. Both bathrooms have been smartly updated with new flooring, backsplash and vanities. Seller added extra storage by creating a cabinet under the breakfast bar along with adding a full sized closet off of the laundry room. All new windows have been ordered and will be installed at expense of seller. Great location east of Route 1, hop on the Rehoboth Lewes Bike Trail to explore the resort areas. Conveniently close proximity to grocery stores, outlets, restaurants, and most important, THE BEACH! The community pool is open from May 1st through the end of September.

Last Agent to Sell the Property

DENISE CAIN

(302) 542-5662 denise.cain@oasir.net Monument Sotheby's International Realty Listed on: 03/17/2023

Monument Sotheby's International Realty

Last Buyer's Agent

Mark Macomber

(302) 584-0815 markmacomberremax@gmail.com RE/MAX Realty Group Rehoboth License #12565

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $813

Year Built

  • Built in 1988

Lot Details

  • Backs To Open Common Area
  • No Units Located Below
  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 980 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area
  • Garden Views
  • Crawl Space

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-8.05-B102

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Beachaven Subdivision
  • Property Manager

Recreation

  • Community Pool

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$813

Year Built

Built in 1988

Lot Details

0

HOA Fees

$233 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: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-18
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Flat
  • Common Walls: No One Below, 1 Common Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 980
  • Living Area Sq Ft: 980
  • Price Per Sq Ft: 350.00
  • Above Grade Finished Sq Ft: 980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35979

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: Garden/Lawn
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Backs - Open Common Area
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 737.00
  • Tax Annual Amount: 813.00
  • Assessor Parcel Number: 334-13.00-8.05-B102
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/27/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 19, 2023
Sold by
Lewis Katherine A
Bought by
Kananen Laura
Seller's Agent
DENISE CAIN
Monument Sotheby's International Realty
Buyer's Agent
Mark Macomber
RE/MAX Realty Group Rehoboth
List Price
$343,000
Sold Price
$349,860
Premium/Discount to List
$6,860
2%
Views
61
Current Estimated Value
$412,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,807
Avg. Annual Appreciation
7.00%
Original Mortgage
$310,500
Outstanding Balance
$301,870
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$110,797
Source: Public Records

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
Kananen Laura $349,860 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kananen Laura $310,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $349,860 +2.0% $357 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $343,000 0.0% $350 / Sq Ft
02/02/2020 02/02/20 Rented $975 0.0% --
01/30/2020 01/30/20 Under Contract -- -- --
01/30/2020 01/30/20 For Rent $975 -- --
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 $627 $16,650 $0 $16,650
2024 $843 $16,650 $0 $16,650
2023 $842 $16,650 $0 $16,650
2022 $813 $16,650 $0 $16,650
2021 $805 $16,650 $0 $16,650
2020 $803 $16,650 $0 $16,650
2019 $804 $16,650 $0 $16,650
2018 $751 $17,100 $0 $0
2017 $719 $17,100 $0 $0
2016 $683 $17,100 $0 $0
2015 $653 $17,100 $0 $0
2014 $648 $17,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2037404

Bright MLS

APN: 334-13.00-8.05-B102