NOT LISTED FOR SALE

37496 Kaitlyn Dr Unit 28 Rehoboth Beach, DE 19971

Estimated Value: $487,539 - $607,000

3 Beds
2.5 Baths
1,750 Sq Ft
$321/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $350,000 $200 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,445/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Furnished
  • 1 Car Attached Garage

About This Home

As of January 2021

Oyster Bay Villas features contemporary 2-story townhouse-style condominiums. There's a community pool & the famous Rehoboth beaches are approximately 1.5 miles from the front door to the boardwalk, so it is a quick bike or scooter ride into town. This end-unit property showcases an enormous great room that has a sliding glass door to the sunroom with tile floors. The backyard area has a privacy fence & there's room for a BBQ grill. The kitchen opens to a formal dining area, and it also has a small breakfast bar. 1st-floor powder room for your comfort. The main bedroom is upstairs. It has its own private bath with a double-sink vanity & a tub/shower combo. There is a large walk-in closet, too. The other two bedrooms are generously sized & share the second full bath in the hall. The laundry room is upstairs near the bedrooms. 1-car garage & additional parking space. Furnished as seen with a few personal items as exclusions. Condo dues $1,125/qtr. Townhouse was previously rented for approx. $12k season.

Last Agent to Sell the Property

LINDA BOVA

(302) 542-4197 RealEstate@SEABOVA.com SEA BOVA ASSOCIATES INC. License #RB-0003161 Listed on: 11/23/2020

Co-Listed By

BRIDGET BAUER

(302) 227-1222 bridget@seabova.com SEA BOVA ASSOCIATES INC. License #RA-0003323

Last Buyer's Agent

John Zacharias

(302) 381-6221 jzacharias@psre.com Patterson-Schwartz-OceanView License #RS-0023593

Patterson-Schwartz-OceanView

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 2003

Lot Details

  • 5,271

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Garage Door Opener

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • More Than Two Accessible Exits
  • Property is in average condition

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-168.00-28

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn care rear, lawn care side, lawn maintenance, management, pool(s), road maintenance, trash
  • Oyster Bay Villas Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,176

Year Built

Built in 2003

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits
  • Ownership: Condominium
  • Exclusions: Personal Items
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished As Seen
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oyster Bay Villas features contemporary 2-story townhouse-style condominiums. There's a community pool & the famous Rehoboth beaches are approximately 1.5 miles from the front door to the boardwalk, so it is a quick bike or scooter ride into town. This end-unit property showcases an enormous great room that has a sliding glass door to the sunroom with tile floors. The backyard area has a privacy fence & there's room for a BBQ grill. The kitchen opens to a formal dining area, and it also has a small breakfast bar. 1st-floor powder room for your comfort. The main bedroom is upstairs. It has its own private bath with a double-sink vanity & a tub/shower combo. There is a large walk-in closet, too. The other two bedrooms are generously sized & share the second full bath in the hall. The laundry room is upstairs near the bedrooms. 1-car garage & additional parking space. Furnished as seen with a few personal items as exclusions. Condo dues $1,125/qtr. Townhouse was previously rented for approx. $12k season.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Upper Floor, Washer In Unit
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Price Per Sq Ft: 205.66
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37496

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1125.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Road Maintenance, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5200556
  • Tax Annual Amount: 1176.00
  • Assessor Parcel Number: 334-19.00-168.00-28
  • Tax Year: 2020
  • Close Date: 01/08/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 5, 2021
Sold by
Kenny Michelle
Bought by
Calabrese Peter M and Calabrese Scandia
Seller's Agent
LINDA BOVA
SEA BOVA ASSOCIATES INC.
Buyer's Agent
John Zacharias
Patterson-Schwartz-OceanView
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$562,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,135
Avg. Annual Appreciation
10.54%
Original Mortgage
$280,000
Outstanding Balance
$249,901
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$312,234
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
Calabrese Peter M $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese Peter M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $350,000 -2.8% $200 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $359,900 +10.7% $206 / Sq Ft
04/01/2016 04/01/16 Sold $325,000 -9.5% $181 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
08/13/2015 08/13/15 For Sale $359,000 -- $199 / 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 $1,072 $23,600 $0 $23,600
2024 $1,235 $23,600 $0 $23,600
2023 $1,234 $23,600 $0 $23,600
2022 $1,191 $23,600 $0 $23,600
2021 $1,180 $23,600 $0 $23,600
2020 $1,176 $23,600 $0 $23,600
2019 $1,178 $23,600 $0 $23,600
2018 $1,100 $25,050 $0 $0
2017 $1,053 $25,050 $0 $0
2016 $1,001 $25,050 $0 $0
2015 $956 $25,050 $0 $0
2014 $949 $25,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173692

Bright MLS

APN: 334-19.00-168.00-28