NOT LISTED FOR SALE

3800 Sanibel Cir Unit 3815 Rehoboth Beach, DE 19971

Estimated Value: $296,000 - $684,000

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

Last Sold February 02, 2024

Last sale price $610,000 $321 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,696/month

1 Day on Market

Highlights

  • Parking available for a boat
  • Penthouse
  • Eat-In Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • No Units Above
  • View of Trees or Woods

About This Home

As of February 2024

Beautifully updated, fully furnished turnkey property with a strong rental history and $40k+ in annual rental income, net of listing fees. Rentals have been blocked off for 2024 so make this your own primary /vacation home or get started right away booking your weekly or monthly tenants! This 1900 sq ft Sanibel Village Penthouse has 4 bedrooms, 3 baths, and multiple living areas for maximum flexibility. A community elevator leads right to the 3rd floor, where the main level includes a bedroom and ensuite full bath, laundry room, two living rooms, a bright, fully modern kitchen, and a screened in porch with pond and sunset views. Upstairs find 3 more bedrooms, two fully updated bathrooms and a top floor sundeck. Sanibel Village is part of the outstanding Eagles Landing community, offering 3 pools, tennis/pickleball courts, shady lanes for walking and biking, and plenty of parking. Located within 1.5 miles of Rehoboth Beach and the Boardwalk, and easy access to shopping and dining including Big Fish Grill, Thompson Island, Red White & Basil, and Fractured Prune.

Last Listed By

Kathy Murphy

Keller Williams Realty License #RS0039133 Listed on: 01/04/2024

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 2000 | Remodeled in 2020

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $541 Monthly HOA Fees

Property Views

  • Pond
  • Woods
  • Garden

Home Design

  • Penthouse
  • Coastal Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Hung Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Screened Porch
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Parking available for a boat

Outdoor Features

  • Pond
  • Sport Court
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 120/240V
  • 100 Amp Service
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.22-6303

Community Details

Overview

  • $450 Recreation Fee
  • $1,622 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, pest control, pool(s), recreation facility, insurance, reserve funds, road maintenance, snow removal, trash
  • Low-Rise Condominium
  • Sanibel Village At Eagles Landing Condos
  • Sanibel Village Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • 1 Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Fenced around community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,352

Year Built

Built in 2000 | Remodeled in 2020

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: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: None known.
  • Inclusions: All installed appliances, washer/dryer, area rugs, window treatments. Furniture, mattresses, decorative art conditional.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-01-04
  • Federal Flood Zone: No
  • Year Built: 2000
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Energy Star Refrigerator, Oven/Range - Electric, Water Heater, Washer, Stainless Steel Appliances
  • Entry Floor: 3
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Tub Shower, Upgraded Countertops, Window Treatments, Combination Kitchen/Living, Sprinkler System, Stall Shower
  • Window Features: Double Hung, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Floors In Unit Count: 2
  • Levels Count: 4
  • Room Count: 8
  • Room List: Living Room, Kitchen, Family Room, Laundry, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 321.05
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3800

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • 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, Mixed, Frame
  • Exterior Features: Bbq Grill, Boat Storage, Exterior Lighting, Sidewalks, Sport Court, Tennis Court(s), Water Fountains, Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Pond, Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Propane, Sewer Available, Water Available, Under Ground
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, LTE

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: Sanibel Village at Eagles Landing
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Pool - Outdoor, Picnic Area, Swimming Pool, Tennis Courts, Fencing
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pest Control, Pool(s), Recreation Facility, Insurance, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: SANIBEL VILLAGE AT EAGLES LANDING
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 450.00
  • Association Recreation Fee: Yes
  • Community Pool Features: Fenced

Fee Information

  • Capital Contribution Fee: 1622.43

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Size/Weight Restriction
  • Pets Allowed: Yes
  • Total Actual Rent: 42000.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 1230.00
  • Tax Annual Amount: 1352.00
  • Assessor Parcel Number: 334-19.00-163.22-6303
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/02/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 2, 2024
Sold by
Sixnuts Llc
Bought by
Lavu Srvant and Lavu Teena
Seller's Agent
Kathy Murphy
Keller Williams Realty
Buyer's Agent
Charles Robino
Empower Real Estate, LLC
List Price
$610,000
Sold Price
$610,000
Total Days on Market
1
Views
112
Current Estimated Value
$548,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,345
Avg. Annual Appreciation
-3.97%
Original Mortgage
$427,000
Outstanding Balance
$421,527
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$157,884

Purchase Details

Closed on
Jan 10, 2014
Sold by
Joseph Milton Joseph Milton and Plumer Lee Ann
Bought by
Boesch Robert R and Boesch Judy M

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
Lavu Srvant $610,000 None Listed On Document
Boesch Robert R $252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavu Srvant $427,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $610,000 0.0% $321 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $610,000 +45.2% $321 / Sq Ft
11/06/2020 11/06/20 Sold $420,000 0.0% $183 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $420,000 -- $183 / 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
2024 $1,353 $26,050 $0 $26,050
2023 $1,352 $26,050 $0 $26,050
2022 $1,305 $26,050 $0 $26,050
2021 $1,293 $26,050 $0 $26,050
2020 $1,289 $26,050 $0 $26,050
2019 $1,291 $26,050 $0 $26,050
2018 $1,205 $27,450 $0 $0
2017 $1,154 $27,450 $0 $0
2016 $1,096 $27,450 $0 $0
2015 $1,048 $27,450 $0 $0
2014 $1,040 $27,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathy Murphy

    Keller Williams Realty

    1 in this area

    2 Total Sales

    Kathy Murphy
    Section Image
  • Charles Robino

    Buyer's Agent in 2024

    Charles Robino

    Empower Real Estate, LLC

    (302) 545-7700

    3 in this area

    79 Total Sales

    Charles Robino
    Section Image
  • Donna Whiteside

    Seller's Agent in 2020

    Donna Whiteside

    BHHS PenFed (actual)

    (302) 381-4871

    19 in this area

    86 Total Sales

    Donna Whiteside
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Linda Dean

    BHHS PenFed (actual)

    (215) 740-7060

    8 in this area

    25 Total Sales

    Linda Dean
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  • Tyson Mayers

    Buyer's Agent in 2020

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    42 in this area

    86 Total Sales

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Map

Source: Bright MLS

MLS Number: DESU2053186

Bright MLS

APN: 334-19.00-163.22-6303

Delaware Sussex County Rehoboth Beach 19971

3800 Sanibel Cir Unit 3815, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 3800 Sanibel Cir Unit 3815, Rehoboth Beach, DE 19971 since 04 January 2024 and is currently estimated at $548,655, approximately $288 per square foot. This property was built in 2000. 3800 Sanibel Cir Unit 3815 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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