NOT LISTED FOR SALE

50 Wilmington Ave Unit 17 Rehoboth Beach, DE 19971

3 Beds
2.5 Baths
2,264 Sq Ft
$950/mo HOA Fee

Last Sold October 09, 2020

Last sale price $1,250,000 $552 Per Sq Ft

Highlights

  • Penthouse
  • Coastal Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • Deck
  • 4-minute walk to Dune Nature Park

About This Home

As of October 2020

Mint, elegant two-story end-unit penthouse just steps to all the great restaurants, shopping (one block south of Rehoboth Ave) and the beach! No need for a car but there are 2 assigned off-street parking spaces. Fully Equipped Kitchen, Separate Dining Room, Living Area & Screen Porch. Fabulous 485sf terrace just off west side of Living Room with views of Rehoboth everywhere. Other amenities that make this the perfect beach hideaway include Custom Window Treatments, Master Bedroom with private Bathroom & Screen Porch, 2nd & 3rd bedrooms with balcony, 3 skylights, wood burning fireplace, 3 ceiling fans, oversize washer/dryer, central air conditioning sold fully furnished and includes all signed original photography. The condo complex has an elevator, outdoor pool & outdoor shower. Pamper yourself, but don't procrastinate priced to sell!

Last Agent to Sell the Property

Guy Abernathey

(917) 678-8799 guy.abernathey@longandfoster.com Long & Foster Real Estate, Inc. License #RS-0023638 Listed on: 08/15/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $950 Monthly HOA Fees

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 4th floor
  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Formal Dining Room

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • Assigned parking located at #317/317 under cover
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-500.00-17

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, lawn care rear, management, reserve funds, road maintenance, snow removal, trash, water, sewer, pool(s)
  • Mid-Rise Condominium
  • The Wilmington Condominium Association Condos
  • Wilmington Community
  • South Rehoboth Subdivision

Amenities

  • 1 Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,740

Year Built

Built in 1986

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Couch in the living room and the 2 chairs in the living room.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All original photography included.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-08-15
  • Federal Flood Zone: No
  • Year Built: 1986
  • Assigned Parking Space Numbers: 317/317 under cover
  • Automatically Close On Close Date: No
  • Remarks Public: Mint, elegant two-story end-unit penthouse just steps to all the great restaurants, shopping (one block south of Rehoboth Ave) and the beach! No need for a car but there are 2 assigned off-street parking spaces. Fully Equipped Kitchen, Separate Dining Room, Living Area & Screen Porch. Fabulous 485sf terrace just off west side of Living Room with views of Rehoboth everywhere. Other amenities that make this the perfect beach hideaway include Custom Window Treatments, Master Bedroom with private Bathroom & Screen Porch, 2nd & 3rd bedrooms with balcony, 3 skylights, wood burning fireplace, 3 ceiling fans, oversize washer/dryer, central air conditioning sold fully furnished and includes all signed original photography. The condo complex has an elevator, outdoor pool & outdoor shower. Pamper yourself, but don't procrastinate priced to sell!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Galley, Primary Bath(s), Skylight(s), Sprinkler System, Tub Shower, Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Elevators Count: 1
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2264
  • Living Area Sq Ft: 2264
  • Price Per Sq Ft: 572.00
  • Above Grade Finished Sq Ft: 2264
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Wood Siding
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2850.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: The Wilmington Condominium Association
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Care Rear, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Sewer, Pool(s)
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 29650.00
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Deck(s), Enclosed, Terrace
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 42000.00
  • Vacation Rental: Yes
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5196989
  • School Tax: 1260.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1740.00
  • Assessor Parcel Number: 334-14.17-500.00-17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/09/2020

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
10/09/2020 10/09/20 Sold $1,250,000 -3.5% $552 / Sq Ft
08/15/2020 08/15/20 For Sale $1,295,000 -- $572 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Guy Abernathey

    Seller's Agent in 2020

    Guy Abernathey

    Long & Foster

    (917) 678-8799

    2 in this area

    4 Total Sales

    Guy Abernathey
    Section Image
  • Brian Barrows

    Buyer's Agent in 2020

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    136 in this area

    382 Total Sales

    Brian Barrows
    Section Image
  • Christina Harvey

    Buyer Co-Listing Agent in 2020

    Christina Harvey

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-9505

    5 in this area

    8 Total Sales

    Christina Harvey
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU166078

Bright MLS
Delaware Sussex County Rehoboth Beach 19971

50 Wilmington Ave Unit 17, Rehoboth Beach, DE

This home is located at 50 Wilmington Ave Unit 17, Rehoboth Beach, DE 19971 since 15 August 2020. This property was built in 1986. 50 Wilmington Ave Unit 17 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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