$760,000
SOLD OCT 2, 2020

50 Wilmington Ave Unit 101 Rehoboth Beach, DE 19971

3 Beds
2 Baths
1,513 Sq Ft
$533/mo HOA Fee

Recently Sold

$502 Per Sq Ft

7% Below List Price

321 Days on Market

Highlights

  • Water Oriented
  • Contemporary Architecture
  • Screened Porch
  • Rehoboth Elementary School Rated A
  • Furnished
  • 4-minute walk to Dune Nature Park

About This Home

As of June 2023

Cheerful one level living at The Wilmington in this turn-key 3 bedroom 2 bath condo featuring open floor plan with large porch to give an airy beachy feeling. This is the first opportunity to purchase a 3 bedroom unit in The Wilmington in 13 years. You will be delighted with the outdoor pool and the ability to easily walk everywhere for shopping, fine or casual dining and of course a dip in the Atlantic Ocean just a block and a half away. The elevator makes for easy access and assigned parking for 2 vehicles is a plus. A strong built-in rental history is attractive to investor prospects. Porch May be enclosed with association approval. Water, sewer and trash included in HOA. Condo can easily be made ADA accessible. Sold furnished. Elevator building. Furnishings included.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/15/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

SARAH FRENCH

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1996

Lot Details

  • Downtown Location

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,513 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Living Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-500.00-1

Community Details

Overview

  • Association fees include exterior building maintenance, pool(s), trash
  • Low-Rise Condominium
  • Wilmington Community

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,495

Year Built

Built in 1996

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-09-15
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: Cheerful one level living at The Wilmington in this turn-key 3 bedroom 2 bath condo featuring open floor plan with large porch to give an airy beachy feeling. This is the first opportunity to purchase a 3 bedroom unit in The Wilmington in 13 years. You will be delighted with the outdoor pool and the ability to easily walk everywhere for shopping, fine or casual dining and of course a dip in the Atlantic Ocean just a block and a half away. The elevator makes for easy access and assigned parking for 2 vehicles is a plus. A strong built-in rental history is attractive to investor prospects. Porch May be enclosed with association approval. Water, sewer and trash included in HOA. Condo can easily be made ADA accessible. Sold furnished. Elevator building. Furnishings included.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven - Single, Refrigerator, Washer, Dryer - Electric
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Primary Bath(s)
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Storage Room, Primary Bathroom, Full Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 1513
  • Living Area Sq Ft: 1513
  • Price Per Sq Ft: 518.84
  • Above Grade Finished Sq Ft: 1513
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Concrete
  • Exterior Features: Outside Shower
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 6400.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

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: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2018
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196981
  • School Tax: 1184.00
  • Tax Annual Amount: 1495.00
  • Assessor Parcel Number: 334-14.17-500.00-1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/02/2020

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
06/21/2023 06/21/23 Sold $1,295,000 0.0% $856 / Sq Ft
05/15/2023 05/15/23 For Sale $1,295,000 +70.4% $856 / Sq Ft
10/02/2020 10/02/20 Sold $760,000 -3.2% $502 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $785,000 -1.8% $519 / Sq Ft
02/20/2020 02/20/20 Price Changed $799,000 -2.2% $528 / Sq Ft
09/15/2019 09/15/19 For Sale $817,000 -- $540 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2023

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    300 in this area

    893 Total Sales

    DEBBIE REED
    Section Image
  • AMY WARICK

    Seller Co-Listing Agent in 2020

    AMY WARICK

    RE/MAX

    (302) 258-5442

    47 in this area

    106 Total Sales

    AMY WARICK
    Section Image
  • SARAH FRENCH

    Buyer's Agent in 2020

    SARAH FRENCH

    Long & Foster

    (410) 430-5421

    1 in this area

    102 Total Sales

    SARAH FRENCH
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU147702

Bright MLS

Delaware Sussex County Rehoboth Beach 19971

50 Wilmington Ave Unit 101, Rehoboth Beach, DE

This home is located at 50 Wilmington Ave Unit 101, Rehoboth Beach, DE 19971 and is currently priced at $760,000, approximately $502 per square foot. This property was built in 1996. 50 Wilmington Ave Unit 101 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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