$287,500
SOLD MAY 31, 2019

409 Rehoboth Ave Unit 25 Rehoboth Beach, DE 19971

1 Bed
1 Bath
596 Sq Ft
$320/mo HOA Fee

Recently Sold

$482 Per Sq Ft

22% Below List Price

214 Days on Market

Highlights

  • View of Trees or Woods
  • Furnished
  • 4-minute walk to Grove Park
  • Rehoboth Elementary School Rated A
  • Wall Furnace

About This Home

As of May 2025

Walk to everything Rehoboth has to offer from this Premier Location, 1BD, 1BA bi-level unit that faces the front of the building overlooking Rehoboth Avenue! Walk, bike or scooter to beach and all of your favorite attractions. The consummate year round beach get-away. Property has been lightly used over the years and very well maintained! Use this property as your Pied- -terre or as an ongoing investment opportunity. Unassigned covered & uncovered private parking for Ark Condominium unit owners & guests only.

Last Agent to Sell the Property

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 09/06/2018

Monument Sotheby's International Realty

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $971

Year Built

  • Built in 1974

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cement Siding

Interior Spaces

  • 596 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Views of Woods

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 200+ Amp Service

Community Details

  • Association fees include trash, water
  • Low-Rise Condominium
  • Ark Community

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot -E-25
  • Assessor Parcel Number 334-13.20-161.00-E-25

Property Details

Home Type

Condominium

Est. Annual Taxes

$971

Year Built

Built in 1974

Lot Details

0

HOA Fees

$320 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: Artwork
  • Home Warranty: Yes
  • Inclusions: Furniture included
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-09-10
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: Walk to everything Rehoboth has to offer from this Premier Location, 1BD, 1BA bi-level unit that faces the front of the building overlooking Rehoboth Avenue! Walk, bike or scooter to beach and all of your favorite attractions. The consummate year round beach get-away. Property has been lightly used over the years and very well maintained! Use this property as your Pied- -terre or as an ongoing investment opportunity. Unassigned covered & uncovered private parking for Ark Condominium unit owners & guests only.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 596
  • Living Area Sq Ft: 596
  • Price Per Sq Ft: 518.46
  • Above Grade Finished Sq Ft: 596
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cement Siding
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 959.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Trash, Water
  • 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

  • Lot Size Units: Square Feet
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194570
  • School Tax: 425.00
  • Tax Annual Amount: 971.00
  • Assessor Parcel Number: 334-13.20-161.00-E-25
  • Tax Lot: -E-25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 05/31/2019

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
214

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

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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 Type Sale Price Title Company
Deed $630,000 None Listed On Document
Deed $297,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $23,735 Stand Alone Refi Refinance Of Original Loan
Previous Owner $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: 1002486546

Bright MLS

APN: 334-13.20-161.00-E-25