NOT LISTED FOR SALE

4 Laurel St Unit 214B Rehoboth Beach, DE 19971

Estimated Value: $982,000 - $1,227,000

3 Beds
3 Baths
1,100 Sq Ft
$490/mo HOA Fee

Last Sold April 23, 2021

Last sale price $733,000 $666 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,831/month

4 Days on Market

Highlights

  • Water Oriented
  • Upgraded Countertops
  • 1 Elevator
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Stainless Steel Appliances

About This Home

As of April 2021

This 3 bedroom, 3 full bathroom condo features two master bedrooms on the 2nd level with a 3rd bunk bedroom & bathroom on the entry level. An open, nicely upgraded kitchen and beautifully tiled bathrooms. Mariners Court features a large outdoor pool & elevator...just a stone's throw away from the beach/boardwalk and a 5 minute walk to Rehoboth Avenue. Rental Income of 35K+. A must see!

Last Agent to Sell the Property

Bill Mann

Mann & Sons, Inc. License #RB-0020454 Listed on: 03/19/2021

Last Buyer's Agent

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1975

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-111.00-214B

Community Details

Overview

  • Association fees include exterior building maintenance, high speed internet, pool(s)
  • Low-Rise Condominium
  • Mariners Court Community
  • South Rehoboth Subdivision

Amenities

  • 1 Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,432

Year Built

Built in 1975

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Staging Items (list attached)
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: This 3 bedroom, 3 full bathroom condo features two master bedrooms on the 2nd level with a 3rd bunk bedroom & bathroom on the entry level. An open, nicely upgraded kitchen and beautifully tiled bathrooms. Mariners Court features a large outdoor pool & elevator...just a stone's throw away from the beach/boardwalk and a 5 minute walk to Rehoboth Avenue. Rental Income of 35K+. A must see!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater, Stainless Steel Appliances, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 3
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 659.09
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

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
  • Construction Materials: Vinyl Siding
  • Roof: Flat
  • Spa: No
  • Water Access: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Carport Spaces: 2
  • Garage: No
  • Parking Features: Assigned
  • Number Of Detached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 490.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, High Speed Internet, Pool(s)
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 35300.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5197269
  • School Tax: 1019.97
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1432.41
  • Assessor Parcel Number: 334-14.18-111.00-214B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/23/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2010
Bought by
Sushner Steven Michael and Sushner Adam Kirsc
Total Days on Market
4
Current Estimated Value
$1,112,069

Purchase Details

Closed on
Jun 11, 2010
Bought by
Sushner Steven Michael and Sushner Adam Kirsc
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
Sushner Steven Michael $533,800 --
Sushner Steven Michael $533,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $733,000 +1.1% $666 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $725,000 -- $659 / 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 $1,183 $21,350 $0 $21,350
2023 $1,182 $21,350 $0 $21,350
2022 $1,141 $21,350 $0 $21,350
2021 $1,130 $21,350 $0 $21,350
2020 $1,127 $21,350 $0 $21,350
2019 $1,128 $21,350 $0 $21,350
2018 $1,054 $24,000 $0 $0
2017 $1,009 $24,000 $0 $0
2016 $959 $24,000 $0 $0
2015 $916 $24,000 $0 $0
2014 $909 $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179398

Bright MLS

APN: 334-14.18-111.00-214B