NOT LISTED FOR SALE

38045 West Dr Unit 751 Rehoboth Beach, DE 19971

Estimated Value: $752,000 - $864,000

3 Beds
3 Baths
1,800 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $721,500 $401 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,943/month

2 Days on Market

Highlights

  • Pond View
  • Open Floorplan
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of June 2024

Welcome to this serene 3-bedroom, 3 full bath escape nestled in the heart Rehoboth Beach’s coveted Spring Lake community. This bright and airy, end unit townhome epitomizes coastal living with its picturesque pond views and adjacent green space. Step inside to discover a recently refreshed interior, where modern elegance meets comfort. The updated kitchen features sleek quartz counters, crisp white cabinetry, and stainless-steel appliances. The new flooring and fresh paint throughout breathes new life into the space, providing a fresh canvas for you to personalize and make your own. Outside, you’ll enjoy a private patio, ideal for the grill and al fresco dining. You’ll also find a 2nd level sundeck ideal for savoring the gentle breeze while admiring the tranquil pond. With its prime location within Spring Lake, you’ll enjoy access to a community pool, beautiful ponds, and nature trails at Thompson’s Island. Just moments away, the shores of Rehoboth and Dewey Beach await, offering endless seaside adventures and relaxation.

Last Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284 Listed on: 05/13/2024

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1999

Lot Details

  • East Facing Home
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • Assigned parking located at #751
  • On-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-1.00-751

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), snow removal
  • Tidewater Property Management Condos
  • Spring Lake Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,058

Year Built

Built in 1999

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: All staging items
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-14
  • Federal Flood Zone: No
  • Year Built: 1999
  • Assigned Parking Space Numbers: 751
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this serene 3-bedroom, 3 full bath escape nestled in the heart Rehoboth Beach’s coveted Spring Lake community. This bright and airy, end unit townhome epitomizes coastal living with its picturesque pond views and adjacent green space. Step inside to discover a recently refreshed interior, where modern elegance meets comfort. The updated kitchen features sleek quartz counters, crisp white cabinetry, and stainless-steel appliances. The new flooring and fresh paint throughout breathes new life into the space, providing a fresh canvas for you to personalize and make your own. Outside, you’ll enjoy a private patio, ideal for the grill and al fresco dining. You’ll also find a 2nd level sundeck ideal for savoring the gentle breeze while admiring the tranquil pond. With its prime location within Spring Lake, you’ll enjoy access to a community pool, beautiful ponds, and nature trails at Thompson’s Island. Just moments away, the shores of Rehoboth and Dewey Beach await, offering endless seaside adventures and relaxation.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Exhaust Fan, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Bathroom - Stall Shower, Bathroom - Tub Shower, Window Treatments, Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Island, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Upgraded Countertops
  • Window Features: Storm, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 3, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 3, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Upper Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 402.50
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38045

Beds/Baths

  • Bedrooms: 3
  • 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
  • Other Structures List: Shed
  • Construction Materials: Cedar
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1020.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Tidewater Property Management
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1581.29
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: 334-20.00-1.00-751
  • County Tax Payment Frequency: Annually
  • Close Date: 06/21/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 21, 2024
Sold by
Jeremy J Diehl Revocable Trust and Ashley T Diehl Revocable Trust
Bought by
Odeon Development Llc
Seller's Agent
Shaun Tull
Jack Lingo - Rehoboth
Buyer's Agent
John Redefer
Rehoboth Bay Realty, Co.
List Price
$724,500
Sold Price
$721,500
Premium/Discount to List
-$3,000
-0.41%
Total Days on Market
2
Views
20
Current Estimated Value
$799,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,611
Avg. Annual Appreciation
9.75%
Original Mortgage
$541,125
Outstanding Balance
$537,109
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$245,930

Purchase Details

Closed on
Apr 15, 1999
Bought by
Taylor Richard B Dr

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
Odeon Development Llc $721,500 None Listed On Document
Taylor Richard B Dr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odeon Development Llc $541,125
Previous Owner Diehl Ashley $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $721,500 -0.4% $401 / Sq Ft
05/13/2024 05/13/24 For Sale $724,500 +47.9% $403 / Sq Ft
06/23/2021 06/23/21 Sold $490,000 0.0% --
05/11/2021 05/11/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $490,000 -- --
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 $2,058 $28,150 $0 $28,150
2023 $2,057 $28,150 $0 $28,150
2022 $1,996 $28,150 $0 $28,150
2021 $1,981 $28,150 $0 $28,150
2020 $1,975 $28,150 $0 $28,150
2019 $1,956 $28,150 $0 $28,150
2018 $1,550 $35,300 $0 $0
2017 $1,485 $35,300 $0 $0
2016 $1,418 $35,300 $0 $0
2015 $1,356 $35,300 $0 $0
2014 $1,346 $35,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2062006

Bright MLS

APN: 334-20.00-1.00-751