NOT LISTED FOR SALE

4 Laurel St Unit 109C Rehoboth Beach, DE 19971

3 Beds
2 Baths
1,120 Sq Ft
$418/mo HOA Fee

Last Sold November 28, 2017

Last sale price $965,000 $862 Per Sq Ft

67 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Elevator
  • Rehoboth Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of November 2017

Rarely offered OCEAN BLOCK 3 bedroom 2 bath end unit condo is one of the most sought after units available fully furnished! This home is truly an amazing luxury condominium offering amazing panoramic direct views of the Atlantic Ocean in the heart of South Rehoboth Beach. Completely renovated & professionally decorated to the highest caliber. Sit, relax, & enjoy life with family & friends on either terrace while watching & listening to the waves of the ocean. Great location, just park, unpack, and walk everywhere, no traffic or parking hassles. Spend a relaxing afternoon at the beach or pool. There is easy elevator or staircase access to this retreat. This TURNKEY home is ready to enjoy as a second home and/or INVESTMENT. Over the last 3 years this home strongly averaged over $53K in RENTAL INCOME!

Last Agent to Sell the Property

Dave McCarthy

Dave McCarthy & Associates, Inc. Listed on: 07/22/2017

Co-Listed By

Walt Cassel

Dave McCarthy & Associates, Inc.

Last Buyer's Agent

Dave McCarthy

Dave McCarthy & Associates, Inc. Listed on: 07/22/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1975

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-111.00-109C

Community Details

Overview

  • Association fees include lawn maintenance
  • Mariners Court Community
  • South Rehoboth Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,429

Year Built

Built in 1975

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1975
  • Remarks Public: Rarely offered OCEAN BLOCK 3 bedroom 2 bath end unit condo is one of the most sought after units available fully furnished! This home is truly an amazing luxury condominium offering amazing panoramic direct views of the Atlantic Ocean in the heart of South Rehoboth Beach. Completely renovated & professionally decorated to the highest caliber. Sit, relax, & enjoy life with family & friends on either terrace while watching & listening to the waves of the ocean. Great location, just park, unpack, and walk everywhere, no traffic or parking hassles. Spend a relaxing afternoon at the beach or pool. There is easy elevator or staircase access to this retreat. This TURNKEY home is ready to enjoy as a second home and/or INVESTMENT. Over the last 3 years this home strongly averaged over $53K in RENTAL INCOME!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Net Sq Ft: 1120.00
  • Price Per Sq Ft: 875.00
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Vinyl Siding
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt, Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 2-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 5014.00
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 53000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197243
  • Tax Annual Amount: 1429.00
  • Assessor Parcel Number: 334-14.18-111.00-109C
  • County Tax Payment Frequency: Annually
  • Close Date: 11/28/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $965,000 -1.5% $862 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $980,000 -- $875 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001031684

Bright MLS