NOT LISTED FOR SALE

49 Maryland Ave Unit D Rehoboth Beach, DE 19971

3 Beds
1 Bath
930 Sq Ft
$65/mo HOA Fee

Last Sold February 25, 2022

Last sale price $399,900 $430 Per Sq Ft

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Upgraded Countertops
  • Rehoboth Elementary School Rated A
  • Furnished
  • 5-minute walk to Dune Nature Park

About This Home

As of February 2022

This is THE LOWEST PRICED condo in downtown Rehoboth with a great rental income. This condo is only 1.5 blocks to the boardwalk and beach and 2 blocks to Rehoboth Avenue. Ideal location on a quiet street steps to all the restaurants and shops. Included with the condo are 2 off street parking spots. Kitchen has been remodeled with granite counter tops, new cabinets and a huge farm sink. Roof replaced 2016. New gutters 2015 and new hot water heater 2016. Your low condo fee includes water, insurance and common electricity. There is a yearly assessment of $650.00 for building insurance. There are 4 condos in the home. All the owners share the coin operated laundry located in the basement. Included are storage sheds in the basement for each condo. Great condo to use with friends and family or rent it out. Almost $30,000 in rental income. All offers will be presented on January 2 at noon.

Last Agent to Sell the Property

MARY ANN SLINKMAN

(302) 245-4540 maslinkman@aol.com BAY COAST REALTY Listed on: 10/05/2021

Last Buyer's Agent

Yulia Castellano

(646) 206-6871 yuliacastellano@kw.com Keller Williams Realty License #RS0036547

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $641

Lot Details

  • South Facing Home
  • Property is in very good condition

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Cottage
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 930 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Combination Dining and Living Room
  • Laminate Flooring
  • English Basement

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • 2 Off-Street Spaces
  • Gravel Driveway
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • 220 Volts
  • Metered Propane
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.13-394.00-D

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, trash, insurance, water
  • Low-Rise Condominium
  • 49 Maryland Condo Community
  • North Rehoboth Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$641

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Cottage, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This is THE LOWEST PRICED condo in downtown Rehoboth with a great rental income. This condo is only 1.5 blocks to the boardwalk and beach and 2 blocks to Rehoboth Avenue. Ideal location on a quiet street steps to all the restaurants and shops. Included with the condo are 2 off street parking spots. Kitchen has been remodeled with granite counter tops, new cabinets and a huge farm sink. Roof replaced 2016. New gutters 2015 and new hot water heater 2016. Your low condo fee includes water, insurance and common electricity. There is a yearly assessment of $650.00 for building insurance. There are 4 condos in the home. All the owners share the coin operated laundry located in the basement. Included are storage sheds in the basement for each condo. Great condo to use with friends and family or rent it out. Almost $30,000 in rental income. All offers will be presented on January 2 at noon.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas, Range Hood, Water Heater
  • Entry Floor: 1
  • Flooring Type: Laminated
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Upgraded Countertops, Stall Shower
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: English
  • Laundry Type: Shared
  • Total Sq Ft: 930
  • Living Area Sq Ft: 930
  • Price Per Sq Ft: 430.00
  • Above Grade Finished Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Stick Built
  • Exterior Features: Exterior Lighting, Outside Shower, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 2
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 220 Volts
  • Heating Fuel: Propane - Metered
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Electric Available, Cable Tv
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, Fixed Wireless

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 784.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: self managed
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash, Insurance, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • 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
  • Total Actual Rent: 29000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5195859
  • School Tax: 356.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 641.00
  • Assessor Parcel Number: 334-14.13-394.00-D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/25/2022

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
02/25/2022 02/25/22 Sold $399,900 0.0% $430 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/28/2021 12/28/21 Price Changed $399,900 -20.0% $430 / Sq Ft
11/09/2021 11/09/21 Price Changed $499,900 -9.1% $538 / Sq Ft
10/20/2021 10/20/21 Price Changed $550,000 -11.1% $591 / Sq Ft
10/05/2021 10/05/21 For Sale $619,000 +106.3% $666 / Sq Ft
07/27/2018 07/27/18 Sold $300,000 0.0% --
07/02/2018 07/02/18 Pending -- -- --
06/27/2018 06/27/18 Price Changed $300,000 -16.7% --
06/13/2018 06/13/18 Price Changed $360,000 -4.0% --
05/29/2018 05/29/18 For Sale $375,000 +59.6% --
05/15/2014 05/15/14 Sold $235,000 0.0% --
04/21/2014 04/21/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $235,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MARY ANN SLINKMAN

    BAY COAST REALTY

    (302) 245-4540

    8 in this area

    17 Total Sales

    MARY ANN SLINKMAN
    Section Image
  • Yulia Castellano

    Buyer's Agent in 2022

    Yulia Castellano

    Keller Williams Realty

    (646) 206-6871

    1 in this area

    3 Total Sales

    Yulia Castellano
    Section Image
  • Andrew Bryan

    Seller's Agent in 2018

    Andrew Bryan

    Bryan Realty Group

    (302) 242-4328

    17 in this area

    239 Total Sales

    Andrew Bryan
    Section Image
  • KAREN GUSTAFSON

    Seller's Agent in 2014

    KAREN GUSTAFSON

    Keller Williams Realty

    (302) 236-8821

    13 in this area

    16 Total Sales

    KAREN GUSTAFSON
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2007530

Bright MLS
Delaware Sussex County Rehoboth Beach 19971

49 Maryland Ave Unit D, Rehoboth Beach, DE

This home is located at 49 Maryland Ave Unit D, Rehoboth Beach, DE 19971 since 05 October 2021. 49 Maryland Ave Unit D is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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