NOT LISTED FOR SALE

Star of the Sea 307 South Boardwalk Unit 605 Rehoboth Beach, DE 19971

-- Bed
1 Bath
475 Sq Ft
$562/mo HOA Fee

Last Sold September 28, 2023

Last sale price $735,000 $1,547 Per Sq Ft

4 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Public Beach
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of September 2023

Gorgeous Oceanfront condo for less than $1 million! You will absolutely love these expansive beach and ocean views at a very affordable price! This pristine, fully decorated, furnished condominium is on the beach and mere steps to the famed Rehoboth Beach boardwalk. This unit has been beautifully renovated with space-saving features and top of the line finishings. Solid maple painted cabinetry, sleek ceramic tile, coastal woodwork trim and walk-in closet with additional storage options. Spacious living area offers options for workspace or home office area with water views. Star of the Sea condos offer beachfront living and a short walk to top-notch restaurants, amusements, and boutiques in downtown Rehoboth Beach, Delaware. You will also enjoy great Wi-Fi access points widely available to everybody in the building, around the pool and out on the balconies. Bike racks are also available free of charge. Excellent rental potential paired with ease of ownership and currently netting over $85,000. One of the few oceanfront condominiums offering direct boardwalk & beach access directly out the front door, completely secure with doorman, heated outdoor pool, reserved parking at lobby level open air spaces or underground secured entry parking, extra storage area, and pool as well as full laundry facilities.

Last Agent to Sell the Property

Donna Baldino

Keller Williams Select Realtors of Annapolis License #RS345128 Listed on: 08/20/2023

Keller Williams Select Realtors of Annapolis

Last Buyer's Agent

Vince DiPietro

Northrop Realty License #RS-0026203

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1973

Lot Details

  • Home fronts navigable water
  • Public Beach
  • Property is in excellent condition

HOA Fees

  • $562 Monthly HOA Fees

Parking

  • 1 Assigned Subterranean Space
  • Basement Garage
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 475 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Swimming Allowed

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-79.00-605

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), reserve funds, trash
  • Mid-Rise Condominium
  • Star Of The Sea Community
  • South Rehoboth Subdivision
  • Property has 7 Levels

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Beach
  • Heated Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,252

Year Built

Built in 1973

Lot Details

0

HOA Fees

$562 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, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: Owner will remove some personal decor items
  • Inclusions: Appliances, Furniture, Fixtures, and Decorations.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-20
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeous Oceanfront condo for less than $1 million! You will absolutely love these expansive beach and ocean views at a very affordable price! This pristine, fully decorated, furnished condominium is on the beach and mere steps to the famed Rehoboth Beach boardwalk. This unit has been beautifully renovated with space-saving features and top of the line finishings. Solid maple painted cabinetry, sleek ceramic tile, coastal woodwork trim and walk-in closet with additional storage options. Spacious living area offers options for workspace or home office area with water views. Star of the Sea condos offer beachfront living and a short walk to top-notch restaurants, amusements, and boutiques in downtown Rehoboth Beach, Delaware. You will also enjoy great Wi-Fi access points widely available to everybody in the building, around the pool and out on the balconies. Bike racks are also available free of charge. Excellent rental potential paired with ease of ownership and currently netting over $85,000. One of the few oceanfront condominiums offering direct boardwalk & beach access directly out the front door, completely secure with doorman, heated outdoor pool, reserved parking at lobby level open air spaces or underground secured entry parking, extra storage area, and pool as well as full laundry facilities.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Stainless Steel Appliances, Refrigerator, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Studio, Upgraded Countertops, Window Treatments
  • Levels Count: 7
  • Basement: No
  • Total Sq Ft: 475
  • Living Area Sq Ft: 475
  • Price Per Sq Ft: 1517.89
  • Above Grade Finished Sq Ft: 475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 307

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access Features: Swimming Allowed, Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage, Inside Access, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Off Street
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1687.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Common Grounds, Elevator, Extra Storage, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Heated

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent, Very Good, Good
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 85000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 896.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1252.00
  • Assessor Parcel Number: 334-14.18-79.00-605
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/28/2023

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
09/28/2023 09/28/23 Sold $735,000 +1.9% $1,547 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $721,000 -- $1,518 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2045180

Bright MLS