NOT LISTED FOR SALE

ONE Virginia Ave Unit 601 Rehoboth Beach, DE 19971

Estimated Value: $838,000 - $1,116,000

2 Beds
2 Baths
-- Sq Ft
-- Built

Last Sold May 21, 2012

Last sale price $650,000

Est. 43% increase in value since last sale

Current estimated payment $5,069/month

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Furnished

About This Home

As of May 2012

Beautifully remodeled 2 bedroom, 2 bath condo. Oceanfront bldg. Furnished throughout. Washer/dryer. Spectacular views of lake and ocean. Bldg has pool, sundeck, and underground secured parking.

Last Agent to Sell the Property

JUDITH PROUSE

juprouse1@gmail.com Patterson-Schwartz-Rehoboth Listed on: 01/19/2012

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,115

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Block Foundation
  • Rubber Roof
  • Masonry
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near an ocean

Additional Features

  • Waterfront
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 334-14.14-14.00-601

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • One Virginia Ave Community
  • North Rehoboth Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,115

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Beautifully remodeled 2 bedroom, 2 bath condo. Oceanfront bldg. Furnished throughout. Washer/dryer. Spectacular views of lake and ocean. Bldg has pool, sundeck, and underground secured parking.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer
  • Entry Floor: 6
  • Flooring Type: Carpet, Tile/Brick
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: One

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Stucco
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Rubber
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Elevator, Laundry Facilities, Swimming Pool, Security
  • HOA: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196037
  • Tax Annual Amount: 1115.00
  • Assessor Parcel Number: 334-14.14-14.00-601
  • County Tax Payment Frequency: Annually
  • Close Date: 05/21/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2012
Closed on
May 24, 2012
Sold by
Phillip W Phillip W and Gansert Cathy A
Bought by
Elkin Stephen L and Elkin Diana M
Seller's Agent
JUDITH PROUSE
Patterson-Schwartz-Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$926,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,833
Avg. Annual Appreciation
2.21%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Elkin Stephen L $650,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2012 05/21/12 Sold $650,000 0.0% --
05/21/2012 05/21/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $650,000 -- --
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 $1,872 $20,650 $0 $20,650
2024 $1,124 $20,650 $0 $20,650
2023 $1,123 $20,650 $0 $20,650
2022 $1,084 $20,650 $0 $20,650
2021 $1,074 $20,650 $0 $20,650
2020 $1,070 $20,650 $0 $20,650
2019 $1,072 $20,650 $0 $20,650
2018 $1,001 $22,800 $0 $0
2017 $959 $22,800 $0 $0
2016 $911 $22,800 $0 $0
2015 $870 $22,800 $0 $0
2014 $864 $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000963626

Bright MLS

APN: 334-14.14-14.00-601