NOT LISTED FOR SALE

Sanibel Village 3700 Sanibel Cir Unit 3716 Rehoboth Beach, DE 19971

Estimated Value: $487,000 - $653,000

4 Beds
3 Baths
1,900 Sq Ft
$541/mo HOA Fee

Last Sold March 28, 2024

Last sale price $560,000 $295 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,693/month

136 Days on Market

Highlights

  • Penthouse
  • Pond View
  • Traditional Floor Plan
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of March 2024

Sanibel Village Penthouse ! This 1900 square foot 4 Bedroom, 3 full baths offers the ultimate beach living experience. Due to no fault of the seller, this is back on the market. This Penthouse is conveniently located right outside the elevator that runs to the 3rd floor of the building, accessiblity is very easy with the primary Bedroom on the main floor. Enjoy the beautiful pond views on each level of your new primary or vacation home. This complex is ideally located within walking or biking distance to Rehboth Beach and boardwalk, and to dining including Big Fish Grill Restaurant and Market, Blue Coast Seafood Grill & Raw Bar, Thompson Island restaurants, and Arena's Deli. Sanibel Village is part of the Eagles Landing Community and offers 3 pools, fitness, tennis, and plenty of treelined streets for biking and walking. Although this unit is not a rental Sanibel Village has great rental potental for weekly, seasonal, and year-round guests. Sold Furnished !

Last Agent to Sell the Property

William Bjorkland

(410) 776-4146 william.bjorkland@cbmove.com Coldwell Banker Realty License #RS-0023035 Listed on: 10/07/2023

Coldwell Banker Realty

Last Buyer's Agent

Beverly Mister

(302) 236-5304 beverleemister@gmail.com Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 2001

HOA Fees

  • $541 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-5304

Community Details

Overview

  • $450 Recreation Fee
  • $1,221 Capital Contribution Fee
  • Low-Rise Condominium
  • Tidewater Property Management Condos
  • Sanibel Village Subdivision

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,199

Year Built

Built in 2001

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level, Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Sanibel Village Penthouse ! This 1900 square foot 4 Bedroom, 3 full baths offers the ultimate beach living experience. Due to no fault of the seller, this is back on the market. This Penthouse is conveniently located right outside the elevator that runs to the 3rd floor of the building, accessiblity is very easy with the primary Bedroom on the main floor. Enjoy the beautiful pond views on each level of your new primary or vacation home. This complex is ideally located within walking or biking distance to Rehboth Beach and boardwalk, and to dining including Big Fish Grill Restaurant and Market, Blue Coast Seafood Grill & Raw Bar, Thompson Island restaurants, and Arena's Deli. Sanibel Village is part of the Eagles Landing Community and offers 3 pools, fitness, tennis, and plenty of treelined streets for biking and walking. Although this unit is not a rental Sanibel Village has great rental potental for weekly, seasonal, and year-round guests. Sold Furnished !
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 305.21
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3700

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Sidewalks, Exterior Lighting, Tennis Court(s)
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1622.43
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Tidewater Property Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 450.00
  • Association Recreation Fee: Yes
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1221.00

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1049.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1199.00
  • Assessor Parcel Number: 334-19.00-163.22-5304
  • Tax Total Finished Sq Ft: 968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/28/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Mar 19, 2024
Sold by
Mcconnell Rosanne
Bought by
Glass Jeffrey H and Glass Gill
Seller's Agent
William Bjorkland
Coldwell Banker Realty
Buyer's Agent
Beverly Mister
Keller Williams Realty
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Views
416
Current Estimated Value
$576,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,959
Avg. Annual Appreciation
2.00%
Original Mortgage
$448,000
Outstanding Balance
$440,742
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$136,217
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
Glass Jeffrey H $560,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glass Jeffrey H $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $560,000 -3.4% $295 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $579,900 -1.7% $305 / Sq Ft
11/14/2023 11/14/23 Price Changed $589,900 -1.7% $310 / Sq Ft
10/07/2023 10/07/23 For Sale $599,900 -- $316 / 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 $1,116 $22,950 $0 $22,950
2024 $1,200 $22,950 $0 $22,950
2023 $1,199 $22,950 $0 $22,950
2022 $1,157 $22,950 $0 $22,950
2021 $1,147 $22,950 $0 $22,950
2020 $1,143 $22,950 $0 $22,950
2019 $1,145 $22,950 $0 $22,950
2018 $1,069 $24,350 $0 $0
2017 $1,024 $24,350 $0 $0
2016 $973 $24,350 $0 $0
2015 $929 $24,350 $0 $0
2014 $923 $24,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2049510

Bright MLS

APN: 334-19.00-163.22-5304