NOT LISTED FOR SALE

The Henlopen Condominium 527 North Boardwalk Unit 803 Rehoboth Beach, DE 19971

2 Beds
2 Baths
1,340 Sq Ft
$851/mo HOA Fee

Last Sold May 05, 2022

Last sale price $1,225,000 $914 Per Sq Ft

57 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Penthouse
  • 4-minute walk to Lake Gerar Park

About This Home

As of May 2022

LOCATION LOCATION LOCATION. 2 bedroom, 2 bath condo on the top floor of the Henlopen Condominiums at the north end of the Rehoboth Beach boardwalk with OCEAN VIEWS from all 3 balconies. This unit has perfect southern exposure where the homeowner has enjoyed 9 months of use of the balconies from early spring into the late fall. [NOTE: The balconies are currently undergoing updates/renovations. The $24000 costs associated with the updates has been paid; homeowner has obtained $26,000 in new sliding doors for all 3 balconies]. The condo has 1340 square feet of bright living space offering beautiful calming ocean views from all 3 of the balconies. The condo boasts an open floor plan great for entertaining. The large living room with its built-ins is adjacent to the dining room area and kitchen. The extra large master bedroom with its own private bath and dressing area offers four different closets and a private balcony with ocean views. The second bedroom also has ample closet space and its own private balcony with ocean views. You can also find a washer & dryer in the unit. The building provides secure access and monitoring, private entrance to the beach with outdoor showers, rooftop pool with sun deck overlooking the ocean, secured underground parking and elevators. You are just a few steps to the ocean beach! The condo is conveniently located to Gordons Pond State Park, the Breakwater Junction hiking and bike trails, phenomenal restaurants, cafes, shopping...... all that this quaint beach town has to offer. Condo fee includes Wi-Fi, cable tv service, water and sewer, trash removal, rooftop pool and sun deck, indoor garage parking, and 24 hour security. PREMIER location by the boardwalk where you can listen to the sound of the ocean waves from your condo balconies while sitting with a glass of wine enjoying the moonlight views of the ocean. Rehoboth Beach is considered the Nation's Summer Capital. COME SEE for yourself.

Last Agent to Sell the Property

Hermetta Harper

Patterson-Schwartz-Hockessin Listed on: 01/28/2022

Patterson-Schwartz-Hockessin

Co-Listed By

Bill Hall

Patterson-Schwartz-Hockessin

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

  • $2,256

Year Built

  • Built in 1973

HOA Fees

  • $851 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Garage Door Opener
  • Secure Parking

Home Design

  • Penthouse
  • Masonry

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Recessed Lighting
  • Dining Area
  • Basement
  • Garage Access
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Multiple Balconies
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Home fronts navigable water
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-7.00-803

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, snow removal, trash
  • Mid-Rise Condominium
  • Henlopen Community
  • North Rehoboth Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,256

Year Built

Built in 1973

Lot Details

0

HOA Fees

$851 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Two shell shaped lamps in living room.
  • Inclusions: All furniture and appliances
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Remarks Public: LOCATION LOCATION LOCATION. 2 bedroom, 2 bath condo on the top floor of the Henlopen Condominiums at the north end of the Rehoboth Beach boardwalk with OCEAN VIEWS from all 3 balconies. This unit has perfect southern exposure where the homeowner has enjoyed 9 months of use of the balconies from early spring into the late fall. [NOTE: The balconies are currently undergoing updates/renovations. The $24000 costs associated with the updates has been paid; homeowner has obtained $26,000 in new sliding doors for all 3 balconies]. The condo has 1340 square feet of bright living space offering beautiful calming ocean views from all 3 of the balconies. The condo boasts an open floor plan great for entertaining. The large living room with its built-ins is adjacent to the dining room area and kitchen. The extra large master bedroom with its own private bath and dressing area offers four different closets and a private balcony with ocean views. The second bedroom also has ample closet space and its own private balcony with ocean views. You can also find a washer & dryer in the unit. The building provides secure access and monitoring, private entrance to the beach with outdoor showers, rooftop pool with sun deck overlooking the ocean, secured underground parking and elevators. You are just a few steps to the ocean beach! The condo is conveniently located to Gordons Pond State Park, the Breakwater Junction hiking and bike trails, phenomenal restaurants, cafes, shopping...... all that this quaint beach town has to offer. Condo fee includes Wi-Fi, cable tv service, water and sewer, trash removal, rooftop pool and sun deck, indoor garage parking, and 24 hour security. PREMIER location by the boardwalk where you can listen to the sound of the ocean waves from your condo balconies while sitting with a glass of wine enjoying the moonlight views of the ocean. Rehoboth Beach is considered the Nation's Summer Capital. COME SEE for yourself.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 8
  • Interior Amenities: Built-Ins, Dining Area, Elevator, Floor Plan - Open, Recessed Lighting, Wet/Dry Bar
  • Levels Count: 1
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Garage Access
  • Living Area Units: Square Feet
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 1007.46
  • 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, Below Grade
  • Construction Materials: Concrete, Masonry
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Secure Parking
  • Garage Features: Garage Door Opener, 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
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 851.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Lease: No
  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5196390
  • School Tax: 1704.00
  • Tax Annual Amount: 2256.00
  • Assessor Parcel Number: 334-14.14-7.00-803
  • Tax Year: 2021
  • Close Date: 05/05/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/05/2022 05/05/22 Sold $1,225,000 -9.3% $914 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,350,000 +17.4% $1,007 / Sq Ft
06/18/2021 06/18/21 For Sale $1,150,000 0.0% --
06/14/2021 06/14/21 Sold $1,150,000 -- --
05/10/2021 05/10/21 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2014814

Bright MLS