NOT LISTED FOR SALE

Sanibel Village 3700 Sanibel Cir Unit 3712 Rehoboth Beach, DE 19971

Estimated Value: $469,000 - $574,000

3 Beds
2 Baths
1,440 Sq Ft
$262/mo HOA Fee

Last Sold July 01, 2022

Last sale price $452,500 $314 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,121/month

Highlights

  • Waterfront
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Pond View
  • Contemporary Architecture

About This Home

As of July 2022

Bright & sunny condo in Sanibel Village with wonderful pond views. This well maintained 3 bedroom end unit is located on the 2nd floor and has great upgrades including laminate wood flooring and a new HVAC (2020). Situated in the Eagles Landing area, enjoy your choice of 3 pools and tennis. Sanibel Village is walking distance to restaurants and a quick bike ride to downtown and the beach. Wonderful pond views from your living room, porch and master bedroom.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/20/2022

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $976

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Screens
  • Combination Kitchen and Dining Room
  • Pond Views

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Porch

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-5206

Community Details

Overview

  • $450 Recreation Fee
  • $550 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pool(s), snow removal, trash
  • Low-Rise Condominium
  • Sanibel Village Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$976

Year Built

Built in 2000

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-20
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Bright & sunny condo in Sanibel Village with wonderful pond views. This well maintained 3 bedroom end unit is located on the 2nd floor and has great upgrades including laminate wood flooring and a new HVAC (2020). Situated in the Eagles Landing area, enjoy your choice of 3 pools and tennis. Sanibel Village is walking distance to restaurants and a quick bike ride to downtown and the beach. Wonderful pond views from your living room, porch and master bedroom.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Laminate Plank
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Combination Kitchen/Dining, Kitchen - Island
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 319.44
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3700

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Roof: Shingle, Asphalt
  • View: Pond
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: 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: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3138.36
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Pool(s), Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 450.00
  • Association Recreation Fee: Yes

Fee Information

  • Capital Contribution Fee: 550.00

Schools

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

Lot Info

  • Lot Features: Backs To Trees
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200457
  • Assessor Parcel Number: 334-19.00-163.22-5206
  • County Tax Payment Frequency: Annually
  • Close Date: 07/01/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 1, 2022
Sold by
Malchione Joan E
Bought by
Shepperson Christopher Edward and Herbert Truly Lynn
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$460,000
Sold Price
$452,500
Premium/Discount to List
-$7,500
-1.63%
Current Estimated Value
$524,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,559
Avg. Annual Appreciation
4.62%
Original Mortgage
$316,750
Outstanding Balance
$301,765
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$222,294
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
Shepperson Christopher Edward $452,500 Fuqua Willard & Schab Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepperson Christopher Edward $316,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $452,500 -1.6% $314 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $460,000 -- $319 / 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 $976 $20,950 $0 $20,950
2024 $1,070 $20,950 $0 $20,950
2023 $1,069 $20,950 $0 $20,950
2022 $1,031 $20,950 $0 $20,950
2021 $1,022 $20,950 $0 $20,950
2020 $1,019 $20,950 $0 $20,950
2019 $1,020 $20,950 $0 $20,950
2018 $953 $21,700 $0 $0
2017 $913 $21,700 $0 $0
2016 $867 $21,700 $0 $0
2015 $828 $21,700 $0 $0
2014 $822 $21,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2022

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    270 in this area

    832 Total Sales

    DEBBIE REED
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2022

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    221 in this area

    1,877 Total Sales

    Lee Ann Wilkinson
    Section Image
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About Sanibel Village

Map

Source: Bright MLS

MLS Number: DESU2022032

Bright MLS

APN: 334-19.00-163.22-5206

Delaware Sussex County Rehoboth Beach 19971

3700 Sanibel Cir Unit 3712, Rehoboth Beach, DE

This home is located at 3700 Sanibel Cir Unit 3712, Rehoboth Beach, DE 19971 since 20 May 2022 and is currently estimated at $524,059, approximately $363 per square foot. This property was built in 2000. 3700 Sanibel Cir Unit 3712 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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