$630,000
SOLD MAY 20, 2025

409 Rehoboth Ave Unit 25 Rehoboth Beach, DE 19971

1 Bed
1 Bath
652 Sq Ft
$482/mo HOA Fee

Recently Sold

$966 Per Sq Ft

3% Below List Price

72 Days on Market

Highlights

  • Coastal Architecture
  • Furnished
  • Upgraded Countertops
  • Rehoboth Elementary School Rated A
  • Combination Kitchen and Living
  • 4-minute walk to Grove Park

About This Home

As of May 2025

Experience the charm of coastal living in this beautifully renovated 1-bedroom, 1-bath condo, perfectly located on Rehoboth Avenue in the heart of downtown Rehoboth Beach. With tasteful decor and a bright, refreshing color palette, this condo is a true gem. Features include updated, easy-maintenance flooring, fresh kitchen cabinetry with a stylish backsplash, stainless steel appliances, and an exquisite spa-style bath. Light-filtering window treatments add a touch of elegance, while a private laundry ensures convenience. Nestled in a secured elevator building with off-street parking, this property offers the perfect blend of style and location. Offered completely turn-key, this beach retreat is ready for you to enjoy. Don’t miss your chance to live steps away from fine dining, boutique shopping, and the iconic Rehoboth Beach and boardwalk!

Last Agent to Sell the Property

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284 Listed on: 01/14/2025

Jack Lingo - Rehoboth

Co-Listed By

Amanda Ryan

Jack Lingo - Rehoboth License #RS-0019497

Last Buyer's Agent

Terry Burns

Burns & Ellis Realtors License #R3-0005924

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $744

Year Built

  • Built in 1974 | Remodeled in 2024

Lot Details

  • Two or More Common Walls
  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $482 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Stick Built Home

Interior Spaces

  • 652 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Kitchen and Living

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Tile or Brick
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Off-Street Space
  • Private Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-161.00-E-25

Community Details

Overview

  • $2,894 Capital Contribution Fee
  • Association fees include common area maintenance, insurance, reserve funds, trash, exterior building maintenance, management
  • $400 Other One-Time Fees
  • 30 Units
  • Low-Rise Condominium
  • Hps Management Condos
  • Ark Community
  • North Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities
  • 1 Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$744

Year Built

Built in 1974 | Remodeled in 2024

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bi-Level, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Any personal clothing/items. Any cameras, monitoring systems, or electronics that are leased such as cable, personal Sonos sound system and Dyson air purifiers to be removed prior to settlement.
  • Inclusions: All furnishings and decor. Sold Turn Key. One parking pass for building lot.
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Experience the charm of coastal living in this beautifully renovated 1-bedroom, 1-bath condo, perfectly located on Rehoboth Avenue in the heart of downtown Rehoboth Beach. With tasteful decor and a bright, refreshing color palette, this condo is a true gem. Features include updated, easy-maintenance flooring, fresh kitchen cabinetry with a stylish backsplash, stainless steel appliances, and an exquisite spa-style bath. Light-filtering window treatments add a touch of elegance, while a private laundry ensures convenience. Nestled in a secured elevator building with off-street parking, this property offers the perfect blend of style and location. Offered completely turn-key, this beach retreat is ready for you to enjoy. Don’t miss your chance to live steps away from fine dining, boutique shopping, and the iconic Rehoboth Beach and boardwalk!
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Washer, Exhaust Fan
  • Entry Floor: 2
  • Flooring Type: Luxury Vinyl Tile, Tile/Brick
  • Interior Amenities: Window Treatments, Bathroom - Walk-In Shower, Combination Kitchen/Living, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Upgraded Countertops
  • Window Features: Sliding
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Shared
  • Total Sq Ft: 652
  • Living Area Sq Ft: 652
  • Price Per Sq Ft: 958.44
  • Above Grade Finished Sq Ft: 652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Beds/Baths

  • Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Flat
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Multi Units
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fixed Wireless

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1446.90
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: HPS Management
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Reserve Funds, Trash, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 400.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2893.80

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 507.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 744.05
  • Assessor Parcel Number: 334-13.20-161.00-E-25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/20/2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
May 25, 2019
Sold by
Gold David G
Bought by
Harris Christopher D
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$369,900
Sold Price
$287,500
Premium/Discount to List
-$82,400
-22.28%
Total Days on Market
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$302,706
Outstanding Balance
$267,801
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$320,434

Purchase Details

Closed on
Mar 17, 1997
Bought by
Yiaski James E and Gold David G
Source: Public Records

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 Type Sale Price Title Company
Deed $297,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,735 Stand Alone Refi Refinance Of Original Loan
Open $302,706 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $630,000 +0.8% $966 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $624,900 -3.8% $958 / Sq Ft
01/14/2025 01/14/25 For Sale $649,900 +126.1% $997 / Sq Ft
05/31/2019 05/31/19 Sold $287,500 -7.0% $482 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/22/2019 03/22/19 Price Changed $309,000 -6.3% $518 / Sq Ft
01/15/2019 01/15/19 Price Changed $329,900 -5.7% $554 / Sq Ft
09/26/2018 09/26/18 Price Changed $349,900 -5.4% $587 / Sq Ft
09/10/2018 09/10/18 For Sale $369,900 -- $621 / 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 $557 $10,050 $0 $10,050
2023 $556 $10,050 $0 $10,050
2022 $537 $10,050 $0 $10,050
2021 $532 $10,050 $0 $10,050
2020 $531 $10,050 $0 $10,050
2019 $531 $10,050 $0 $10,050
2018 $496 $11,300 $0 $0
2017 $475 $11,300 $0 $0
2016 $451 $11,300 $0 $0
2015 $431 $11,300 $0 $0
2014 $428 $11,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2076360

Bright MLS

APN: 334-13.20-161.00-E-25