Seller's Agent in 2023
DEBBIE REED
RE/MAX
(302) 227-3818
270 in this area
832 Total Sales
Sanibel Village 3700 Sanibel Cir Unit 3714 Rehoboth Beach, DE 19971
Estimated Value: $569,251 - $716,000
4
Beds
3
Baths
1,900
Sq Ft
$541/mo
HOA Fee
Highlights
- Penthouse
- Water Oriented
- Open Floorplan
- Rehoboth Elementary School Rated A
- Pond View
- Coastal Architecture
About This Home
As of May 2023Sanibel Village Penthouse! Discover the ultimate Rehoboth Beach lifestyle in this spacious 4-bed, 3-bath penthouse condo with elevator access, a screened porch, a sun deck and pond views. The 1st level features vaulted ceilings, new wide plank flooring, an updated bath, two living areas, a large kitchen and a dining area that leads to the screened porch. The 2nd level features 2 guest bedrooms, a full bath and a primary suite with a private sundeck for a quiet getaway. The community offers 3 pools, tennis courts, is biking distance to beach & boardwalk and walking distance to great restaurants. This furnished turnkey condo has great rental potential, making it a fantastic investment opportunity. These units rarely come on the market so call for a showing today!
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/26/2023
Co-Listed By
(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,207
Year Built
- Built in 2001
Lot Details
- 5,532
HOA Fees
- $541 Monthly HOA Fees
Home Design
- Penthouse
- Coastal Architecture
- Contemporary Architecture
- Entry on the 3rd floor
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,900 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Ceiling Fan
- Family Room Off Kitchen
- Living Room
- Dining Room
- Screened Porch
- Pond Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Paved Parking
- Parking Lot
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Water Oriented
- Property is near a pond
- Deck
- Screened Patio
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-19.00-163.22-5302
Community Details
Overview
- $450 Recreation Fee
- $1,221 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, lawn maintenance, pool(s), reserve funds, snow removal, trash
- Low-Rise Condominium
- Sanibel Village Subdivision
Amenities
- Recreation Room
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2023
Closed on
May 19, 2023
Sold by
Pennsylvania Distributive Educaiton Club
Bought by
Connell Michael Joseph and Irving Jennifer Mullen
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Walt Cassel
Dave McCarthy & Associates, Inc.
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,313
Avg. Annual Appreciation
4.30%
Original Mortgage
$431,250
Outstanding Balance
$419,171
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$216,142
Purchase Details
Closed on
Jan 15, 2002
Bought by
Digiovanni Jerry R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Connell Michael Joseph | $575,000 | None Listed On Document | |
| Digiovanni Jerry R | $227,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Connell Michael Joseph | $431,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $575,000 | +4.5% | $303 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | For Sale | $550,000 | -- | $289 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,173 | $24,000 | $0 | $24,000 |
| 2024 | $1,252 | $24,000 | $0 | $24,000 |
| 2023 | $1,251 | $24,000 | $0 | $24,000 |
| 2022 | $1,207 | $24,000 | $0 | $24,000 |
| 2021 | $1,196 | $24,000 | $0 | $24,000 |
| 2020 | $1,193 | $24,000 | $0 | $24,000 |
| 2019 | $1,194 | $24,000 | $0 | $24,000 |
| 2018 | $1,115 | $25,400 | $0 | $0 |
| 2017 | $1,068 | $25,400 | $0 | $0 |
| 2016 | $1,015 | $25,400 | $0 | $0 |
| 2015 | $969 | $25,400 | $0 | $0 |
| 2014 | $962 | $25,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
AMY WARICK
Seller Co-Listing Agent in 2023
AMY WARICK
RE/MAX
(302) 258-5442
43 in this area
92 Total Sales
-
Walt Cassel
Buyer's Agent in 2023
Walt Cassel
Dave McCarthy & Associates, Inc.
(917) 826-8867
28 in this area
39 Total Sales
About Sanibel Village
Map
Source: Bright MLS
MLS Number: DESU2039848
APN: 334-19.00-163.22-5302
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