NOT LISTED FOR SALE

4 Laurel St Unit 219B Rehoboth Beach, DE 19971

Estimated Value: $817,000 - $1,280,199

2 Beds
2 Baths
-- Sq Ft
$451/mo HOA Fee

Last Sold December 20, 2019

Last sale price $540,000

Est. 106% increase in value since last sale

Current estimated payment $6,495/month

232 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Elevator
  • Rehoboth Elementary School Rated A
  • Den
  • Living Room

About This Home

As of December 2019

Steps to the boardwalk and beach from this 2 story Ocean Block condo. 2BR/2BA but some have converted the DR/Den on the first floor to a 3rd Bedroom. Living space opens to a private outdoor balcony. Community pool and private parking. Rental history--$18,000+ already committed for 2019.

Last Agent to Sell the Property

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 03/17/2019

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

PATRICIA COLUZZI

(302) 249-7878 pat.coluzzi@oasir.net Monument Sotheby's International Realty License #RS-0022283

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1975

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Electric Baseboard Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-111.00-219B

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, pool(s), reserve funds, snow removal, trash
  • Low-Rise Condominium
  • Mariners Court Condo Association Condos
  • Mariners Court Community
  • South Rehoboth Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,434

Year Built

Built in 1975

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1975
  • Remarks Public: Steps to the boardwalk and beach from this 2 story Ocean Block condo. 2BR/2BA but some have converted the DR/Den on the first floor to a 3rd Bedroom. Living space opens to a private outdoor balcony. Community pool and private parking. Rental history--$18,000+ already committed for 2019.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Den
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Under Home Parking, Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5406.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Mariners Court Condo Association
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: RC
  • Lot Size Units: Square Feet
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1434.40
  • Assessor Parcel Number: 334-14.18-111.00-219B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/20/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
Dec 16, 2019
Sold by
Mcguire James M and Mcguire Reasel M
Bought by
Elliott James S and Elliott Lunkin
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
PATRICIA COLUZZI
Monument Sotheby's International Realty
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%
Current Estimated Value
$1,112,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,300
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Mar 29, 1999
Bought by
Mcguire James M and Mcguire Reasel M
Source: Public Records

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
Elliott James S $540,000 None Available
Mcguire James M $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $540,000 -10.0% --
11/04/2019 11/04/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $599,900 +11.1% --
03/23/2019 03/23/19 Off Market $540,000 -- --
03/17/2019 03/17/19 For Sale $599,900 -- --
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
2025 $1,766 $21,350 $0 $21,350
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: DESU134416

Bright MLS

APN: 334-14.18-111.00-219B