NOT LISTED FOR SALE

59 Maryland Ave Unit 405 Rehoboth Beach, DE 19971

Estimated Value: $752,904 - $951,000

2 Beds
1.5 Baths
1,100 Sq Ft
$332/mo HOA Fee

Last Sold May 13, 2013

Last sale price $460,000 $418 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,893/month

108 Days on Market

Highlights

  • Lake View
  • Property borders a national or state park
  • Intercom
  • Rehoboth Elementary School Rated A
  • Balcony
  • 4-minute walk to Dune Nature Park

About This Home

As of May 2013

Top of Grear place! Views of lake, park & Second street. Windows w/custom blinds on 3 sides-enjoy natural light. Remodeled kitchen, off street parking, in town just 2 blocks to boardwalk.

Last Agent to Sell the Property

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889 Listed on: 12/11/2012

Jack Lingo - Rehoboth

Co-Listed By

Christina Haag

(302) 227-3883 christina@jacklingo.com Jack Lingo - Rehoboth License #RS-001-4869

Last Buyer's Agent

Chris Kavanagh

(302) 249-9218 chriskavanagh@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $806

Year Built

  • Built in 1974

Lot Details

  • 784

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Window Screens
  • Combination Kitchen and Dining Room
  • Carpet
  • Intercom

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Balcony
  • Property borders a national or state park
  • Flood Risk

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.13-388.00-405

Community Details

Overview

  • High-Rise Condominium
  • Gerar Place Community

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Building Details

  • Trash Expense $255

Property Details

Home Type

Condominium

Est. Annual Taxes

$806

Year Built

Built in 1974

Lot Details

0

HOA Fees

$332 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Remarks Public: Top of Grear place! Views of lake, park & Second street. Windows w/custom blinds on 3 sides-enjoy natural light. Remodeled kitchen, off street parking, in town just 2 blocks to boardwalk.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 405
  • Flooring Type: Carpet
  • Interior Amenities: Combination Kitchen/Dining, Ceiling Fan(s), Elevator, Intercom
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 1
  • Level Count: 4
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Net Sq Ft: 1100.00
  • Price Per Sq Ft: 440.00
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 59

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete
  • Construction Completed: Yes
  • Roof: Composite
  • View: Lake, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved Driveway

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 3981.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Cable, Elevator, Extra Storage, Laundry Facilities, Reserved/Assigned Parking
  • HOA: Yes

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 14500.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 806.00
  • Assessor Parcel Number: 334-14.13-388.00-405
  • County Tax Payment Frequency: Annually
  • Close Date: 05/13/2013

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
May 15, 2013
Sold by
Jarosh John Patrick
Bought by
Stuck Karen D
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Chris Kavanagh
Coldwell Banker Realty
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$836,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,226
Avg. Annual Appreciation
4.95%
Original Mortgage
$345,000
Outstanding Balance
$244,140
Interest Rate
3.45%
Estimated Equity
$592,086

Purchase Details

Listed on
Dec 11, 2012
Closed on
May 13, 2013
Sold by
Jarosh John Patrick
Bought by
Stuck Karen D
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
Chris Kavanagh
Coldwell Banker Realty
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$244,140
Interest Rate
3.45%
Estimated Equity
$592,086
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stuck Karen D $460,000 --
Stuck Karen D $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuck Karen D $345,000
Closed Stuck Karen D $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2013 05/13/13 Sold $460,000 0.0% $418 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $460,000 -- $418 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,520 $19,900 $0 $19,900
2024 $1,072 $19,900 $0 $19,900
2023 $1,071 $19,900 $0 $19,900
2022 $1,034 $19,900 $0 $19,900
2021 $1,024 $19,900 $0 $19,900
2020 $1,021 $19,900 $0 $19,900
2019 $1,023 $19,900 $0 $19,900
2018 $955 $21,750 $0 $0
2017 $915 $21,750 $0 $0
2016 $869 $21,750 $0 $0
2015 $830 $21,750 $0 $0
2014 $824 $21,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HENRY MCKAY

    Seller's Agent in 2013

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    13 in this area

    24 Total Sales

    HENRY MCKAY
    Section Image
  • Christina Haag

    Seller Co-Listing Agent in 2013

    Christina Haag

    Jack Lingo - Rehoboth

    (302) 227-3883

    24 in this area

    36 Total Sales

    Christina Haag
    Section Image

  • C

    Buyer's Agent in 2013

    Chris Kavanagh

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000970284

Bright MLS

APN: 334-14.13-388.00-405E

Delaware Sussex County Rehoboth Beach 19971

59 Maryland Ave Unit 405, Rehoboth Beach, DE

This home is located at 59 Maryland Ave Unit 405, Rehoboth Beach, DE 19971 since 11 December 2012 and is currently estimated at $836,226, approximately $760 per square foot. This property was built in 1974. 59 Maryland Ave Unit 405 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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