NOT LISTED FOR SALE

7 Newbold Square Rehoboth Beach, DE 19971

Estimated Value: $381,944 - $628,000

1 Bed
1 Bath
625 Sq Ft
$182/mo HOA Fee

Last Sold January 15, 2016

Last sale price $342,000 $547 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,047/month

42 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Wood Burning Stove
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Furnished

About This Home

As of January 2016

Spectacular Silver Lake views from this charming in-town Rehoboth home. Beautifully updated and sold turnkey--everything included. Tucked away for peace and serenity, yet the beach and center of town are only blocks away across the footbridge. Walk or bike to everything. Imagine those lake views as you have your morning coffee. With a community pool, public tennis courts next door and tot lot across the footbridge, you've got it all. Great seasonal rental history--or keep this gem for your own use.

Last Agent to Sell the Property

Shirley Kalvinsky

Jack Lingo - Rehoboth License #RA0001681 Listed on: 10/01/2015

Jack Lingo - Rehoboth

Co-Listed By

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542

Last Buyer's Agent

TIMOTHY MEADOWCROFT

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $598

Year Built

  • Built in 1970

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

  • $182 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 625 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Combination Kitchen and Living
  • Tile or Brick Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces Included
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near a pond
  • Bulkhead
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.05-356.00-7

Community Details

Overview

  • Low-Rise Condominium
  • Newbold Square Subdivision

Recreation

  • Community Pool

Building Details

  • Trash Expense $275

Property Details

Home Type

Condominium

Est. Annual Taxes

$598

Year Built

Built in 1970

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: Spectacular Silver Lake views from this charming in-town Rehoboth home. Beautifully updated and sold turnkey--everything included. Tucked away for peace and serenity, yet the beach and center of town are only blocks away across the footbridge. Walk or bike to everything. Imagine those lake views as you have your morning coffee. With a community pool, public tennis courts next door and tot lot across the footbridge, you've got it all. Great seasonal rental history--or keep this gem for your own use.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Tile/Brick
  • Interior Amenities: Combination Kitchen/Living, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 2
  • Room List: Great Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 625
  • Living Area Sq Ft: 625
  • Net Sq Ft: 625.00
  • Price Per Sq Ft: 559.84
  • Above Grade Finished Sq Ft: 625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Flat
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned
  • Number Of Parking Spaces Included: 2-Car Parking

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 216.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2180.00
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Bulkheaded, Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 9000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 598.00
  • Assessor Parcel Number: 334-20.05-356.00-7
  • County Tax Payment Frequency: Annually
  • Close Date: 01/15/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Dec 12, 2015
Sold by
Ginley Edward J and Bach Joshua S
Bought by
Ana Maria Altieri Rev Trust
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
TIMOTHY MEADOWCROFT
Long & Foster Real Estate, Inc.
List Price
$349,900
Sold Price
$342,000
Premium/Discount to List
-$7,900
-2.26%
Total Days on Market
42
Current Estimated Value
$506,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,486
Avg. Annual Appreciation
3.90%
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Ana Maria Altieri Rev Trust $342,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $342,000 -2.3% $547 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $349,900 -- $560 / 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
2024 $665 $12,300 $0 $12,300
2023 $665 $12,300 $0 $12,300
2022 $642 $12,300 $0 $12,300
2021 $636 $12,300 $0 $12,300
2020 $634 $12,300 $0 $12,300
2019 $635 $12,300 $0 $12,300
2018 $593 $13,500 $0 $0
2017 $568 $13,500 $0 $0
2016 $539 $13,500 $0 $0
2015 $515 $13,500 $0 $0
2014 $511 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shirley Kalvinsky

    Seller's Agent in 2016

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    39 in this area

    80 Total Sales

    Shirley Kalvinsky
    Section Image
  • Randy Mason

    Seller Co-Listing Agent in 2016

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    87 in this area

    116 Total Sales

    Randy Mason
    Section Image

  • T

    Buyer's Agent in 2016

    TIMOTHY MEADOWCROFT

    Long & Foster

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001010774

Bright MLS

APN: 334-20.05-356.00-7

Delaware Sussex County Rehoboth Beach 19971

7 Newbold Square, Rehoboth Beach, DE

This home is located at 7 Newbold Square, Rehoboth Beach, DE 19971 since 01 October 2015 and is currently estimated at $506,486, approximately $810 per square foot. This property was built in 1970. 7 Newbold Square 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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