NOT LISTED FOR SALE

3800 Sanibel Cir Unit 3813 Rehoboth Beach, DE 19971

Estimated Value: $495,506 - $788,000

5 Beds
3 Baths
3,000 Sq Ft
$500/mo HOA Fee

Last Sold June 14, 2019

Last sale price $380,000 $127 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,287/month

Highlights

  • Penthouse
  • Contemporary Architecture
  • Ceramic Tile Flooring
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Heat Pump System

About This Home

As of June 2019

One of the largest condo's in Rehoboth. Five Bedrooms, Three Baths. Two balconies, fireplace, all window treatments, furniture optional. Penthouse unit with semi-private elevator.

Last Agent to Sell the Property

Mitch Selbiger

(410) 274-3479 MITSEL@AOL.COM Monument Sotheby's International Realty License #RA-0003297 Listed on: 04/19/2019

Monument Sotheby's International Realty

Co-Listed By

JODY BERGERON

(302) 227-6767 jodybergeron@aol.com Monument Sotheby's International Realty

Last Buyer's Agent

CHAD GWINN

(703) 786-9250 chad@maggiorealty.com Iron Valley Real Estate Premier License #RS-0023634

Iron Valley Real Estate Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 2001

Lot Details

  • 7,318

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Additional Features

  • Property is in good condition
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.22-6301

Community Details

Overview

  • $350 Recreation Fee
  • Association fees include common area maintenance, pool(s), recreation facility, reserve funds
  • 1 Elevator
  • Legum & Norman HOA, Phone Number (302) 227-8448
  • Sanibel Village Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,596

Year Built

Built in 2001

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Contemporary, Bi-Level, Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-26
  • Federal Flood Zone: No
  • Year Built: 2001
  • Remarks Public: One of the largest condo's in Rehoboth. Five Bedrooms, Three Baths. Two balconies, fireplace, all window treatments, furniture optional. Penthouse unit with semi-private elevator.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 133.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3800

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1500.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: LEGUM & NORMAN
  • HOA Phone: 302-227-8448
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 350.00
  • Association Recreation Fee: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: H
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200476
  • School Tax: 1366.00
  • Tax Annual Amount: 1596.00
  • Assessor Parcel Number: 334-19.00-163.22-6301
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 06/14/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 14, 2019
Sold by
Beach Dorothy G Est
Bought by
Beach Thomas M
Seller's Agent
Mitch Selbiger
Monument Sotheby's International Realty
Buyer's Agent
CHAD GWINN
Iron Valley Real Estate Premier
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Current Estimated Value
$691,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,627
Avg. Annual Appreciation
9.97%
Original Mortgage
$252,800
Outstanding Balance
$221,822
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$469,805
Source: Public Records

Range of Values:

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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
Beach Thomas M $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Thomas M $252,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $380,000 -4.8% $127 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $399,000 -- $133 / 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 $1,442 $32,100 $0 $32,100
2024 $1,678 $32,100 $0 $32,100
2023 $1,677 $32,100 $0 $32,100
2022 $1,614 $32,100 $0 $32,100
2021 $1,599 $32,100 $0 $32,100
2020 $1,594 $32,100 $0 $32,100
2019 $1,581 $32,100 $0 $32,100
2018 $1,491 $33,950 $0 $0
2017 $1,428 $33,950 $0 $0
2016 $1,356 $33,950 $0 $0
2015 $1,296 $33,950 $0 $0
2014 $1,286 $33,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Selbiger

    Seller's Agent in 2019

    Mitch Selbiger

    OCEAN ATLANTIC SOTHEBYS

    (410) 274-3479

    37 in this area

    61 Total Sales

    Mitch Selbiger
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    JODY BERGERON

    OCEAN ATLANTIC SOTHEBYS

    Section Image
  • CHAD GWINN

    Buyer's Agent in 2019

    CHAD GWINN

    Iron Valley Real Estate Premier

    (703) 786-9250

    8 in this area

    29 Total Sales

    CHAD GWINN
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU138500

Bright MLS

APN: 334-19.00-163.22-6301

Delaware Sussex County Rehoboth Beach 19971

3800 Sanibel Cir Unit 3813, Rehoboth Beach, DE

This home is located at 3800 Sanibel Cir Unit 3813, Rehoboth Beach, DE 19971 since 19 April 2019 and is currently estimated at $691,627, approximately $230 per square foot. This property was built in 2001. 3800 Sanibel Cir Unit 3813 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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