NOT LISTED FOR SALE

4200 Sand Piper Dr Unit 4207 Rehoboth Beach, DE 19971

5 Beds
4.5 Baths
2,500 Sq Ft
$477/mo HOA Fee

Last Sold November 18, 2022

Last sale price $620,000 $248 Per Sq Ft

3 Days on Market

Highlights

  • Pond View
  • Open Floorplan
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Main Floor Bedroom

About This Home

As of November 2022

Investment Opportunity in Captiva Sands - Investors this is almost a 10 cap (10% return on investment)! Rarely offered 5 Bedroom / 4 1/2 Bathroom End Unit Townhome overlooking the community pond! Featuring Four Owners Suites and selling furnished and ready for you to enjoy or continue as investment property! The first floor has an open floor plan with the kitchen adjoining the dining area and great room. The kitchen has a breakfast bar and plenty of cabinet space. The sunroom on the back of the house overlooks the community pond. The first-floor bedroom is spacious and has its own bath. There is also a half bath and laundry room on the first floor. The second floor has 2 more bedrooms, both with their own bathrooms. An additional sitting room is on this level. The third floor has two more bedrooms and one full bathroom. There is also plenty of storage in the home (many locked owners' closets). Captiva Sands owners also get the use of 3 different pools and a tennis court. Conveniently located between Rehoboth Beach and Dewey Beach so you have a choice of great beaches, restaurants, shops, and attractions. 2020 Rent $50,753, 2021 Rent $55,812, and 2022 Rent YTD $56,782. Located right across the street from one of the community pools. Take the video tour!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/29/2022

Monument Sotheby's International Realty

Last Buyer's Agent

Joyce Kendall

(302) 212-8502 joyce.k@kw.com Keller Williams Realty License #RS-0024926

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 2001

HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Pond Views
  • Crawl Space

Kitchen

  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.00-163.12-2107

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s), snow removal, trash
  • $150 Other One-Time Fees
  • Captiva Sands Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,243

Year Built

Built in 2001

Lot Details

0

HOA Fees

$477 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Exclusions: See list of exclusions
  • Home Warranty: No
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-29
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Investment Opportunity in Captiva Sands - Investors this is almost a 10 cap (10% return on investment)! Rarely offered 5 Bedroom / 4 1/2 Bathroom End Unit Townhome overlooking the community pond! Featuring Four Owners Suites and selling furnished and ready for you to enjoy or continue as investment property! The first floor has an open floor plan with the kitchen adjoining the dining area and great room. The kitchen has a breakfast bar and plenty of cabinet space. The sunroom on the back of the house overlooks the community pond. The first-floor bedroom is spacious and has its own bath. There is also a half bath and laundry room on the first floor. The second floor has 2 more bedrooms, both with their own bathrooms. An additional sitting room is on this level. The third floor has two more bedrooms and one full bathroom. There is also plenty of storage in the home (many locked owners' closets). Captiva Sands owners also get the use of 3 different pools and a tennis court. Conveniently located between Rehoboth Beach and Dewey Beach so you have a choice of great beaches, restaurants, shops, and attractions. 2020 Rent $50,753, 2021 Rent $55,812, and 2022 Rent YTD $56,782. Located right across the street from one of the community pools. Take the video tour!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Island, Floor Plan - Open, Walk-In Closet(s), Window Treatments, Wood Floors
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Sun/Florida Room, Great Room, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 239.96
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4200

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1318.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 500.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: HR-2
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 56782.00
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200130
  • School Tax: 1127.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1243.00
  • Assessor Parcel Number: 334-19.00-163.12-2107
  • Tax Total Finished Sq Ft: 863
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/18/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $620,000 +3.4% $248 / Sq Ft
09/29/2022 09/29/22 For Sale $599,900 -- $240 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2029676

Bright MLS