NOT LISTED FOR SALE

Sanibel Village 3700 Sanibel Cir Unit 3705 Rehoboth Beach, DE 19971

Estimated Value: $362,398 - $459,000

2 Beds
2 Baths
1,050 Sq Ft
$204/mo HOA Fee

Last Sold July 24, 2023

Last sale price $415,000 $395 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,521/month

3 Days on Market

Highlights

  • Water Oriented
  • Pond View
  • Pond
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Furnished

About This Home

As of July 2023

Enjoy your summers at the beach in this beautifully furnished 2 bedroom condo and live the Rehoboth Beach lifestyle! Situated on the community pond with tranquil views from your screened-in porch overlooking the fountain. Easily head into downtown Rehoboth Beach or Dewey Beach in less than 2 miles and dine all day at our local restaurants just outside the entrance. Sanibel Village is part of the Eagles Landing community and offers 3 outdoor pools, fitness, tennis, and plenty of treelined streets for biking and walking. This recently remodeled ground floor condo is offered turnkey furnished so there is nothing for you to do but enjoy! Although this unit is not a rental Sanibel has great rental potential for weekly, seasonal, and year-round guests. Sleeps 6 people with a king-size bed in the primary bedroom, 2 twin beds in the guest bedroom, and a pull-out queen sofa in the living room. The owners have recently added LVP plank flooring, new subway tile backsplash in the kitchen, new recessed lighting in the kitchen and living room, new bathroom vanities/lighting, and toilets, custom closet shelving in the primary bedroom, and crisp paint colors throughout. Additional storage in screened-in porch for beach stuff
Stop into the Open House this Saturday from 11am-1pm to preview this new listing!

Last Agent to Sell the Property

Melinda Ingram

(302) 462-6581 mibeachrealtor@yahoo.com Jack Lingo - Rehoboth License #RS-0017875 Listed on: 06/23/2023

Jack Lingo - Rehoboth

Co-Listed By

Molly Bayard

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

Last Buyer's Agent

Edith Chilelli

(917) 693-5597 edith.chilelli@longandfoster.com Compass License #05-5016969

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $716

Year Built

  • Built in 2001

Lot Details

  • 2,091

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Screened Patio
  • Porch

Schools

  • Cape Henlopen High School

Utilities

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

Additional Features

  • No Interior Steps
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-5105

Community Details

Overview

  • $450 Recreation Fee
  • $462 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, road maintenance, trash, snow removal, reserve funds
  • Low-Rise Condominium
  • Sanibel Village Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool
  • Pool Membership Available

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$716

Year Built

Built in 2001

Lot Details

0

HOA Fees

$204 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
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • Inclusions: furnishings and decor
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-23
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy your summers at the beach in this beautifully furnished 2 bedroom condo and live the Rehoboth Beach lifestyle! Situated on the community pond with tranquil views from your screened-in porch overlooking the fountain. Easily head into downtown Rehoboth Beach or Dewey Beach in less than 2 miles and dine all day at our local restaurants just outside the entrance. Sanibel Village is part of the Eagles Landing community and offers 3 outdoor pools, fitness, tennis, and plenty of treelined streets for biking and walking. This recently remodeled ground floor condo is offered turnkey furnished so there is nothing for you to do but enjoy! Although this unit is not a rental Sanibel has great rental potential for weekly, seasonal, and year-round guests. Sleeps 6 people with a king-size bed in the primary bedroom, 2 twin beds in the guest bedroom, and a pull-out queen sofa in the living room. The owners have recently added LVP plank flooring, new subway tile backsplash in the kitchen, new recessed lighting in the kitchen and living room, new bathroom vanities/lighting, and toilets, custom closet shelving in the primary bedroom, and crisp paint colors throughout. Additional storage in screened-in porch for beach stuff Stop into the Open House this Saturday from 11am-1pm to preview this new listing!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Icemaker
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminate Plank
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Pantry
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 3
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 390.38
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3700

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
  • Road Surface Type: Black Top, Paved
  • Roof: Shingle
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 613.13
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Pool Mem Avail
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Road Maintenance, Trash, Snow Removal, Reserve Funds
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 450.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 461.68

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Features: Pond
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: HR-2
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 648.00
  • Tax Annual Amount: 716.00
  • Assessor Parcel Number: 334-19.00-163.22-5105
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/24/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 24, 2023
Sold by
Dumas David Alan and Dumas Patricia A
Bought by
Knox Charlene R
Seller's Agent
Melinda Ingram
Jack Lingo - Rehoboth
Buyer's Agent
Edith Chilelli
Compass
List Price
$409,900
Sold Price
$415,000
Premium/Discount to List
$5,100
1.24%
Views
115
Current Estimated Value
$424,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,600
Avg. Annual Appreciation
1.05%
Original Mortgage
$373,500
Outstanding Balance
$364,797
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$59,803

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 9, 2020
Sold by
Wilson Susan H
Bought by
Dumas David A and Dumas Patricia A
Seller's Agent
Rick Allamong
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Molly Bayard
Jack Lingo - Rehoboth
List Price
$259,900
Sold Price
$262,000
Premium/Discount to List
$2,100
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%
Original Mortgage
$209,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Charles C Charles C
Bought by
Wilson Susan H
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
Knox Charlene R $415,000 None Listed On Document
Dumas David A $262,000 None Available
Wilson Susan H $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Charlene R $373,500
Previous Owner Dumas David A $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $415,000 +1.2% $395 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $409,900 0.0% $390 / Sq Ft
06/21/2023 06/21/23 Price Changed $409,900 +56.5% $390 / Sq Ft
12/11/2020 12/11/20 Sold $262,000 +0.8% $250 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $259,900 -- $248 / 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 $779 $15,250 $0 $15,250
2024 $779 $15,250 $0 $15,250
2023 $778 $15,250 $0 $15,250
2022 $751 $15,250 $0 $15,250
2021 $744 $15,250 $0 $15,250
2020 $742 $15,250 $0 $15,250
2019 $743 $15,250 $0 $15,250
2018 $694 $15,800 $0 $0
2017 $664 $15,800 $0 $0
2016 $631 $15,800 $0 $0
2015 $603 $15,800 $0 $0
2014 $599 $15,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2043382

Bright MLS

APN: 334-19.00-163.22-5105