$919,000
SOLD SEP 13, 2019

The Henlopen Condominium 527 North Boardwalk Unit 304 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,340 Sq Ft
$710/mo HOA Fee

Recently Sold

$686 Per Sq Ft

20% Below List Price

197 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Water Views
  • Home fronts navigable water
  • Rehoboth Elementary School Rated A
  • Beach
  • 4-minute walk to Lake Gerar Park

About This Home

As of December 2021

Behold, a beautifully appointed spacious 2 bedroom, 2 bathroom condo with 1340 square feet of living space and spectacular views of the Ocean and Beach in every room. Unit 304 has all the upgrades, spectacular kitchen, luxury baths, heated ceramic tile floors throughout, multi-zoned HVAC system, a large living room, dining room, three balconies with true ocean views, master bedroom with bath on suite, and a large storage room with a full size washer and dryer. It is being sold furnished and turnkey with only artwork and personal items being excluded. The Henlopen Condominiums offer security-controlled access, indoor parking, secured entrance to the beach with outdoor showers, elevators, a beautiful rooftop sundeck and pool offering spectacular views of the ocean and the Delaware coastline. This unit also has a potential rental income of over$50,000 per year if you would like to enter into the rental program. Call to make an appointment today!

Last Agent to Sell the Property

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 12/16/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

CHAD GWINN

Iron Valley Real Estate Premier License #RS-0023634

Iron Valley Real Estate Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1973 | Remodeled in 2013

Lot Details

  • Home fronts navigable water
  • South Facing Home
  • Property is in very good condition

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • 1 Parking Space Included
  • Basement Garage

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Water Views
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3341414700304

Community Details

Overview

  • Association fees include cable TV, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), sewer, trash, water, high speed internet, snow removal, exterior building maintenance, common area maintenance
  • 146 Units
  • Mid-Rise Condominium
  • Henlopen Community
  • North Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area
  • 3 Elevators
  • Community Storage Space

Recreation

  • Beach
  • Community Pool

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,002

Year Built

Built in 1973 | Remodeled in 2013

Lot Details

0

HOA Fees

$710 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Year Renovated: 2013
  • Remarks Public: Behold, a beautifully appointed spacious 2 bedroom, 2 bathroom condo with 1340 square feet of living space and spectacular views of the Ocean and Beach in every room. Unit 304 has all the upgrades, spectacular kitchen, luxury baths, heated ceramic tile floors throughout, multi-zoned HVAC system, a large living room, dining room, three balconies with true ocean views, master bedroom with bath on suite, and a large storage room with a full size washer and dryer. It is being sold furnished and turnkey with only artwork and personal items being excluded. The Henlopen Condominiums offer security-controlled access, indoor parking, secured entrance to the beach with outdoor showers, elevators, a beautiful rooftop sundeck and pool offering spectacular views of the ocean and the Delaware coastline. This unit also has a potential rental income of over$50,000 per year if you would like to enter into the rental program. Call to make an appointment today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Window Treatments, Floor Plan - Open, Upgraded Countertops, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Ocean Front
  • Window Features: Screens, Double Pane
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Net Sq Ft: 1340.00
  • Price Per Sq Ft: 742.54
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Composition, Concrete
  • Roof: Flat
  • View: Water
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Under Home Parking
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Number Of Parking Spaces Included: 1-Car Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 710.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Cable, Elevator, Extra Storage, Pool - Outdoor, Swimming Pool, Water/Lake Privileges, Common Grounds, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Sewer, Trash, Water, High Speed Internet, Snow Removal, Ext Bldg Maint, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees Frequency: Annually

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RE
  • In City Limits: Yes

Building Info

  • Building Features: Elevator, Guard System

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5196286
  • Tax Annual Amount: 2002.00
  • Assessor Parcel Number: 3341414700304
  • Tax Page Number: 7.00-304
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 09/13/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

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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
12/10/2021 12/10/21 Sold $1,475,000 +5.4% $1,101 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $1,400,000 +52.3% $1,045 / Sq Ft
09/13/2019 09/13/19 Sold $919,000 -7.6% $686 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/07/2019 06/07/19 Price Changed $995,000 -9.5% $743 / Sq Ft
05/07/2019 05/07/19 Price Changed $1,100,000 -4.3% $821 / Sq Ft
12/16/2018 12/16/18 For Sale $1,150,000 -- $858 / 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: DESU128028

Bright MLS