NOT LISTED FOR SALE

The Henlopen Condominium 527 North Boardwalk Unit 703 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,340 Sq Ft
$993/mo HOA Fee

Last Sold May 12, 2023

Last sale price $1,025,000 $765 Per Sq Ft

38 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • 24-Hour Security
  • Rehoboth Elementary School Rated A
  • Primary bedroom faces the ocean
  • 4-minute walk to Lake Gerar Park

About This Home

As of May 2023

LOCATION!!! This bright and open 2 BR, 2 BA condo has OCEAN VIEWS from all 3 balconies and is being sold fully furnished/turnkey. Granite countertops, bar stools, stainless-steel appliances, separate drink fridge, built-in tv console and bookcase, crown molding, 12x12 ceramic tile throughout and carpet in the bedrooms. Custom closet systems, plus built-in cabinets and desk in the 2nd/guest bedroom for lots of storage. Owner’s suite has a dressing area, linen closet, walk-in closet, plus an additional closet, double sinks and a private balcony with ocean views. Let the sound of the ocean's waves lull you to sleep. Investment potential. Outdoor shower (only for Henlopen Condos) to wash off the sand after a lovely day at the beach. In the summer enjoy the rooftop pool and sundeck overlooking the ocean. Only 1.4 miles to Gordons Pond State Park and the Breakwater Junction trails. Have fun on the boardwalk, shopping and dining out at the many eateries this quaint beach town has to offer!

Last Agent to Sell the Property

TIFFINI ANDERSON

Jack Lingo - Rehoboth License #RS-0023283 Listed on: 03/12/2023

Jack Lingo - Rehoboth

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1973 | Remodeled in 2001

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Two or More Common Walls

HOA Fees

  • $993 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Garage Door Opener
  • Unassigned Parking
  • Secure Parking

Property Views

  • Ocean
  • Courtyard

Home Design

  • Coastal Architecture

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Kitchen and Living
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • <<builtInMicrowave>>
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary bedroom faces the ocean
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>
  • Walk-in Shower

Home Security

  • Security Gate
  • Monitored

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility
  • Low Pile Carpeting

Outdoor Features

  • Water Access
  • Oceanside
  • Multiple Balconies
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 150 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-7.00-703

Community Details

Overview

  • Association fees include cable TV, common area maintenance, high speed internet, insurance, management, security gate, sewer, trash, water, exterior building maintenance, reserve funds
  • Mid-Rise Condominium
  • The Henlopen Condominium Condos
  • Henlopen Community
  • North Rehoboth Subdivision
  • Property Manager

Amenities

  • 3 Elevators
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1973 | Remodeled in 2001

Lot Details

0

HOA Fees

$993 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main, Low Pile Carpeting
  • Ownership: Condominium
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-16
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Year Renovated: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION!!! This bright and open 2 BR, 2 BA condo has OCEAN VIEWS from all 3 balconies and is being sold fully furnished/turnkey. Granite countertops, bar stools, stainless-steel appliances, separate drink fridge, built-in tv console and bookcase, crown molding, 12x12 ceramic tile throughout and carpet in the bedrooms. Custom closet systems, plus built-in cabinets and desk in the 2nd/guest bedroom for lots of storage. Owner’s suite has a dressing area, linen closet, walk-in closet, plus an additional closet, double sinks and a private balcony with ocean views. Let the sound of the ocean's waves lull you to sleep. Investment potential. Outdoor shower (only for Henlopen Condos) to wash off the sand after a lovely day at the beach. In the summer enjoy the rooftop pool and sundeck overlooking the ocean. Only 1.4 miles to Gordons Pond State Park and the Breakwater Junction trails. Have fun on the boardwalk, shopping and dining out at the many eateries this quaint beach town has to offer!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Extra Refrigerator/Freezer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 7
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Primary Bedroom - Ocean Front, Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 894.78
  • 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: Concrete
  • Exterior Features: Exterior Lighting, Outside Shower, Sidewalks, Street Lights
  • View: Ocean, Courtyard
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Secure Parking, Unassigned
  • Garage Features: Garage Door Opener, Inside Access, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Main Entrance Lock, Monitored, Resident Manager, Security Gate
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 993.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Henlopen Condominium
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Insurance, Management, Security Gate, Sewer, Trash, Water, Ext Bldg Maint, Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2227.68
  • Assessor Parcel Number: 334-14.14-7.00-703
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/12/2023

Multi Family

  • Federal Flood Zone: AE

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
05/12/2023 05/12/23 Sold $1,025,000 -14.5% $765 / Sq Ft
03/12/2023 03/12/23 For Sale $1,199,000 -- $895 / 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: DESU2037656

Bright MLS