NOT LISTED FOR SALE

409 Rehoboth Ave Unit 23 Rehoboth Beach, DE 19971

Estimated Value: $979,594 - $1,054,000

3 Beds
2 Baths
-- Sq Ft
523 Sq Ft Lot

Last Sold September 26, 2014

Last sale price $510,000

Est. 101% increase in value since last sale

Current estimated payment $5,562/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Breakfast Area or Nook
  • Rehoboth Elementary School Rated A
  • Combination Kitchen and Living
  • 4-minute walk to Grove Park

About This Home

As of September 2014

Stunning City & Ocean Views! Rarely Available Ark 3BD/2BA. Beautiful Open Plan Condo w/New Flooring, Corian Counters, 2 Large Balconies - 1 off Living Area & 1 off Master Bedroom - Both overlooking the Avenue down to the Ocean. Best Deal in Rehoboth. Secure Bldg w/Elevator. Must See to Appreciate!

Last Agent to Sell the Property

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340 Listed on: 07/22/2014

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,569

Lot Details

  • 523

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Block Foundation
  • Masonry
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Window Treatments
  • Window Screens
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring
  • Ocean Views
  • Stacked Electric Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-161.00-23

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Ark Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,569

Lot Details

0

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
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No

Beds/Baths

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

Exterior Features

  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3944.00
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking
  • HOA: No

Lot Info

  • Outdoor Living Structures: Balcony
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1569.00
  • Assessor Parcel Number: 334-13.20-161.00-23
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 10, 2014
Sold by
Jane Jane
Bought by
Sanchez Juan E and Roberts Lauren G
Seller's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$1,027,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,649
Avg. Annual Appreciation
6.45%
Original Mortgage
$408,000
Outstanding Balance
$312,791
Interest Rate
4.1%
Mortgage Type
Unknown
Estimated Equity
$714,858
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Juan E $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Juan E $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $510,000 0.0% --
07/28/2014 07/28/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $510,000 -- --
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
2025 $1,868 $16,400 $0 $16,400
2024 $907 $16,400 $0 $16,400
2023 $906 $16,400 $0 $16,400
2022 $875 $16,400 $0 $16,400
2021 $866 $16,400 $0 $16,400
2020 $864 $16,400 $0 $16,400
2019 $865 $16,400 $0 $16,400
2018 $808 $18,400 $0 $0
2017 $774 $18,400 $0 $0
2016 $735 $18,400 $0 $0
2015 $702 $18,400 $0 $0
2014 $697 $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Babs Morales

    Seller's Agent in 2014

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    35 in this area

    51 Total Sales

    Babs Morales
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2014

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    259 in this area

    796 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000984296

Bright MLS

APN: 334-13.20-161.00-G-23

Delaware Sussex County Rehoboth Beach 19971

409 Rehoboth Ave Unit 23, Rehoboth Beach, DE

Not Listed for Sale

Condos

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