Seller's Agent in 2025
DEBBIE REED
RE/MAX
(302) 227-3818
267 in this area
827 Total Sales
409 Rehoboth Ave Unit 4 Rehoboth Beach, DE 19971
1
Bed
1
Bath
671
Sq Ft
$461/mo
HOA Fee
Highlights
- Water Oriented
- Contemporary Architecture
- Upgraded Countertops
- Rehoboth Elementary School Rated A
- Furnished
- 4-minute walk to Grove Park
About This Home
As of August 2025Stylish Beach Condo in the Heart of Downtown Rehoboth – A Premier Location with Top-Tier Finishes!Positioned perfectly on Rehoboth Avenue, this chic beach condo offers an unbeatable location just steps away from coffee houses, top-rated restaurants, unique shops, the vibrant farmers market, scenic bike trails, and of course, the iconic boardwalk and sparkling beaches of the Atlantic Ocean. Boasting superior updates throughout, the European-style kitchen is a showstopper with sleek quartz countertops, flat-panel cabinetry, stainless steel appliances, and a stunning clear glass tile backsplash. The spacious bath features a luxurious, walk-in tile shower with a frameless glass door – a true spa experience. The unique bi-level design enhances the airy, open feel with an abundance of natural sunlight. Every detail has been thoughtfully curated, including handsome tile flooring, a statement wood accent wall in the bedroom and hallway, and modern lighting fixtures. The private in-unit laundry and additional storage provide ultimate convenience. Step outside onto your private balcony for a bird’s eye view of Rehoboth Avenue and all the excitement of downtown. Whether you're relaxing or entertaining, this space offers a front-row seat to the lively beach scene. This property is being sold fully furnished, including a stocked kitchen and linens, making it move-in ready or perfect for immediate rentals. Short term rentals are permitted so you have the flexibility to either enjoy the condo yourself or capitalize on its rental potential. Recent rental income has ranged from $22K to $25K per year, making this a smart investment opportunity. Additionally, the property includes one dedicated parking space in the rear and two city parking passes for nearby side streets, ensuring convenient parking for you and your guests. Check out the floor plans!
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/04/2025
Co-Listed By
(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $730
Year Built
- Built in 1974
Lot Details
- Downtown Location
- Property is in excellent condition
HOA Fees
- $461 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
- Masonry
Interior Spaces
- 671 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Living Room
- Dining Room
- Ceramic Tile Flooring
- Intercom
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- Off-Site Parking
- Parking Permit Included
- Assigned Parking
Outdoor Features
- Water Oriented
- Property is near an ocean
- Balcony
Utilities
- Multiple cooling system units
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-13.20-161.00-C-4
Community Details
Overview
- $2,766 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, management, reserve funds, trash, insurance
- Low-Rise Condominium
- Hps Management Of Delaware Condos
- Ark Community
- North Rehoboth Subdivision
Amenities
- Elevator
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
Aug 8, 2025
Sold by
William Valencia Living Trust and Valencia William
Bought by
Lemon Meredith H and Reinhold Jennifer Alyson
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Kathleen Eddins
Patterson-Schwartz-Hockessin
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Views
246
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.06%
Original Mortgage
$450,000
Outstanding Balance
$449,606
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$114,408
Purchase Details
Closed on
Feb 28, 2024
Sold by
Valencia William
Bought by
William Valencia Living Trust and Valencia
Purchase Details
Closed on
Sep 7, 2016
Sold by
Allen Charles L
Bought by
Valencia Wiliam
Purchase Details
Closed on
Aug 8, 1995
Bought by
Allen Charles L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $600,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $275,000 | None Available | |
| Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $600,000 | -3.1% | $894 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $619,000 | -- | $923 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,008 | $9,650 | $0 | $9,650 |
| 2024 | $535 | $9,650 | $0 | $9,650 |
| 2023 | $534 | $9,650 | $0 | $9,650 |
| 2022 | $516 | $9,650 | $0 | $9,650 |
| 2021 | $511 | $9,650 | $0 | $9,650 |
| 2020 | $509 | $9,650 | $0 | $9,650 |
| 2019 | $510 | $9,650 | $0 | $9,650 |
| 2018 | $476 | $10,850 | $0 | $0 |
| 2017 | $456 | $10,850 | $0 | $0 |
| 2016 | $433 | $10,850 | $0 | $0 |
| 2015 | $414 | $10,850 | $0 | $0 |
| 2014 | $411 | $10,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
AMY WARICK
Seller Co-Listing Agent in 2025
AMY WARICK
RE/MAX
(302) 258-5442
42 in this area
91 Total Sales
-
Kathleen Eddins
Buyer's Agent in 2025
Kathleen Eddins
Patterson Schwartz
(302) 893-4373
17 in this area
227 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2082638
APN: 334-13.20-161.00-C-4
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 409 Rehoboth Ave Unit D24
- 409 Rehoboth Ave Unit F-12
- 82 Sussex St
- 171 Columbia Ave
- 133 Felton St
- 1 6th St Unit B
- 507 Jones Ln
- 143 Henlopen Ave
- 19830 Church St Unit 26
- 37601 Atlantic St Unit 8
- 11 Cookman St
- 19862 Church St Unit 13
- 341 Hickman St
- 300 Hickman St
- 19911 Church St
- 37529 Atlantic Ave Unit 11
- 21 Canal Landing Ct
- 43 Canal Landing Ct
- 91 Columbia Ave
- 47 Thompson Ct