NOT LISTED FOR SALE

4 Laurel St Unit 203B Rehoboth Beach, DE 19971

Estimated Value: $1,008,000 - $1,292,000

2 Beds
1.5 Baths
-- Sq Ft
$453/mo HOA Fee

Last Sold November 01, 2019

Last sale price $635,000

Est. 81% increase in value since last sale

Current estimated payment $7,022/month

7 Days on Market

Highlights

  • Ocean Front
  • 1.05 Acre Lot
  • Transitional Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of November 2019

Amazing beach block residence, light, bright with beach views, low fees, pool, elevator, with an open concept floor plan. 2 Bedroom plus den. Parking that can fit two cars. Low-fee setting with remarkable potential for rentals. Patio allows ocean breezes, beach and pool views. Highly coveted Rehoboth locale & building location. Real estate has always been about "location". Owning this residence means no commuting to the beach in a car. This particular unit is a rare find on the wing of building that positions views going each towards beach and boardwalk. Buying "location" means not compromising. This offering should awaken the most patient buyers who have been waiting for just the right property. This is the first time on market and is a rare gem. Parking included and can fit 2 cars.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group License #611425 Listed on: 09/12/2019

Last Buyer's Agent

Shirley Kalvinsky

Jack Lingo - Rehoboth License #RA0001681

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $453 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Parking

  • Private Parking
  • Paved Parking
  • Off-Street Parking
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.18-111.00-203B

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, reserve funds, lawn maintenance, lawn care front, lawn care rear, pool(s)
  • Low-Rise Condominium
  • Mariners Court Community
  • South Rehoboth Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: Amazing beach block residence, light, bright with beach views, low fees, pool, elevator, with an open concept floor plan. 2 Bedroom plus den. Parking that can fit two cars. Low-fee setting with remarkable potential for rentals. Patio allows ocean breezes, beach and pool views. Highly coveted Rehoboth locale & building location. Real estate has always been about "location". Owning this residence means no commuting to the beach in a car. This particular unit is a rare find on the wing of building that positions views going each towards beach and boardwalk. Buying "location" means not compromising. This offering should awaken the most patient buyers who have been waiting for just the right property. This is the first time on market and is a rare gem. Parking included and can fit 2 cars.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Dryer - Electric, Washer, Built-In Range, Dryer - Front Loading, Stove, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Window Treatments, Floor Plan - Open, Combination Dining/Living, Recessed Lighting, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Upper Floor, Washer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Paved Parking, Private, Parking Space Conveys, Under Home Parking
  • Type Of Parking: Off Street

Utilities

  • Refuse: 300.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Monthly Average Electric: 50
  • Previous Twelve Months Electric Expense: 600.00
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Monthly Water Average: 42
  • Water Previous Twelve Months: 504.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 453.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Picnic Area, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds, Lawn Maintenance, Lawn Care Front, Lawn Care Rear, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44700.00
  • Land Use Code: RC
  • Lot Size Acres: 1.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197258
  • School Tax: 951.00
  • Tax Annual Amount: 1400.00
  • Assessor Parcel Number: 334-14.18-111.00-203B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/01/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 1990
Bought by
Helm Martha S and Helm Alton E
Total Days on Market
7
Current Estimated Value
$1,151,987
Source: Public Records

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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
Helm Martha S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eschleman Eric F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $635,000 -6.5% --
09/19/2019 09/19/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $679,000 +17.3% --
09/12/2019 09/12/19 For Sale $579,000 -- --
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 $1,232 $22,350 $0 $22,350
2023 $1,231 $22,350 $0 $22,350
2022 $1,188 $22,350 $0 $22,350
2021 $1,177 $22,350 $0 $22,350
2020 $100 $22,350 $0 $22,350
2019 $1,175 $22,350 $0 $22,350
2018 $1,098 $25,000 $0 $0
2017 $1,051 $25,000 $0 $0
2016 $999 $25,000 $0 $0
2015 $954 $25,000 $0 $0
2014 $947 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Derek Eisenberg

    Continental Real Estate Group

    (877) 996-5728

    3 in this area

    3,455 Total Sales

    Derek Eisenberg
    Section Image
  • Shirley Kalvinsky

    Buyer's Agent in 2019

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    39 in this area

    79 Total Sales

    Shirley Kalvinsky
    Section Image
  • Randy Mason

    Buyer Co-Listing Agent in 2019

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    85 in this area

    114 Total Sales

    Randy Mason
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU147944

Bright MLS

APN: 334-14.18-111.00-203B

Delaware Sussex County Rehoboth Beach 19971

4 Laurel St Unit 203B, Rehoboth Beach, DE

This home is located at 4 Laurel St Unit 203B, Rehoboth Beach, DE 19971 since 12 September 2019 and is currently estimated at $1,151,987. This property was built in 1974. 4 Laurel St Unit 203B 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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