38131 West Dr Unit 730 Rehoboth Beach, DE 19971
Estimated Value: $730,000 - $936,000
3
Beds
3
Baths
1,644
Sq Ft
$483/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- Community Pool
- Forced Air Heating and Cooling System
- Rehoboth Elementary School Rated A
About This Home
As of June 2024Discover your dream beach home in our 3-bedroom, 3-bathroom condo. Perched on the 2nd floor of a 2-story building, the condo offers stunning views of Spring Lake. The vaulted ceilings, abundant windows and skylights create a bright, open atmosphere. Fully renovated in 2023, enjoy new construction upgrades and fixtures. This home offers a community pool, 2 assigned parking spaces, and is just a stroll away from the beach. Tucked into the back of the Spring Lake Condominium complex, the property backs the Thompson Island Trail and Preserve, so your perpetual privacy is ensured.
Last Agent to Sell the Property
Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 02/11/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,502
Year Built
- Built in 1989 | Remodeled in 2022
HOA Fees
- $340 Monthly HOA Fees
Home Design
- Coastal Architecture
- Stick Built Home
Interior Spaces
- 1,644 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 3 Full Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Public Septic
Listing and Financial Details
- Assessor Parcel Number 334-20.00-1.00-730
Community Details
Overview
- Association fees include pool(s), trash, lawn maintenance, common area maintenance, snow removal
- Spring Lake Subdivision
Recreation
- Community Pool
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2024
Closed on
Jun 25, 2024
Sold by
Irwin Kendi M and Irwin David B
Bought by
Retro Retreat Llc
Seller's Agent
John Redefer
Rehoboth Bay Realty, Co.
Buyer's Agent
CHRISTOPHER REDEFER
Rehoboth Bay Realty, Co.
List Price
$849,000
Sold Price
$737,500
Premium/Discount to List
-$111,500
-13.13%
Views
254
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,238
Avg. Annual Appreciation
7.63%
Purchase Details
Listed on
Jul 25, 2022
Closed on
Sep 7, 2022
Sold by
Thornton Anthony M
Bought by
Redew Llc
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
Tracy Kelley
Jack Lingo - Rehoboth
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%
Original Mortgage
$360,000
Interest Rate
4.99%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 15, 2003
Bought by
Thornton Anthony M
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Retro Retreat Llc | -- | None Listed On Document | |
| Irwin Kendi M | $737,500 | None Listed On Document | |
| Redew Llc | $480,000 | -- | |
| Thornton Anthony M | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Redew Llc | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $737,500 | -3.7% | $449 / Sq Ft |
| 04/28/2024 04/28/24 | Price Changed | $765,500 | -4.2% | $466 / Sq Ft |
| 03/11/2024 03/11/24 | Price Changed | $799,000 | -2.4% | $486 / Sq Ft |
| 02/26/2024 02/26/24 | Price Changed | $819,000 | -3.5% | $498 / Sq Ft |
| 02/11/2024 02/11/24 | For Sale | $849,000 | +76.9% | $516 / Sq Ft |
| 09/14/2022 09/14/22 | Sold | $480,000 | 0.0% | -- |
| 07/25/2022 07/25/22 | For Sale | $479,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,822 | $23,350 | $0 | $23,350 |
| 2023 | $1,821 | $23,350 | $0 | $23,350 |
| 2022 | $1,768 | $23,350 | $0 | $23,350 |
| 2021 | $1,755 | $23,350 | $0 | $23,350 |
| 2020 | $1,749 | $23,350 | $0 | $23,350 |
| 2019 | $1,730 | $23,350 | $0 | $23,350 |
| 2018 | $1,339 | $30,500 | $0 | $0 |
| 2017 | $1,283 | $30,500 | $0 | $0 |
| 2016 | $1,227 | $30,500 | $0 | $0 |
| 2015 | $1,173 | $30,500 | $0 | $0 |
| 2014 | $1,164 | $30,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Redefer
Seller's Agent in 2024
John Redefer
Rehoboth Bay Realty, Co.
(302) 542-0375
8 in this area
70 Total Sales
-
CHRISTOPHER REDEFER
C
Buyer's Agent in 2024
CHRISTOPHER REDEFER
Rehoboth Bay Realty, Co.
(302) 521-7885
2 in this area
13 Total Sales
-
Lisa Mathena
Seller's Agent in 2022
Lisa Mathena
The Lisa Mathena Group, Inc.
(302) 236-6232
10 in this area
190 Total Sales
-
Tracy Kelley
Buyer's Agent in 2022
Tracy Kelley
Jack Lingo - Rehoboth
(302) 227-3883
29 in this area
45 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2055662
APN: 334-20.00-1.00-730
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