$625,000
$659,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,222 SqFt
SOLD DATE : 01/24/2020
Key Details
Sold Price $625,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,222 sqft
Price per Sqft $511
Subdivision Rehoboth By The Sea
MLS Listing ID DESU148830
Sold Date 01/24/20
Style Cottage
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,222
Originating Board BRIGHT
Land Lease Amount 10818.0
Land Lease Frequency Annually
Year Built 1964
Annual Tax Amount $703
Tax Year 2019
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 50.00 x 100.00 (Shared)
Property Description
Exceptional 3 Bedroom 2 Bath Ocean Block home. Total Renovation, Turn-Key with $50K Verified Income History. (Property is already booked for $21,733 for the 2020 season which transfers to the buyer). Beautifully decorated and furnished. Hardwood floors throughout. Large, charming private patio. Gorgeous outdoor shower. Dog run. 2 Off street parking spaces. HVAC replaced in 2014. Home shares lot with rear house making this a VERY RARE opportunity with a LOW, annual land lease of $10,818 with 56 years left on the lease! (Current ocean block leases are two + times this amount and have an acquisition fee!) Condo but no fees or dues. Sold furnished and decorated with a few exceptions. Don't miss this beauty!!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning 1974
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
Main Level Bedrooms 3
Interior
Interior Features Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Flooring Hardwood, Ceramic Tile
Equipment Dishwasher, Refrigerator, Microwave, Washer, Water Heater, Stove, Oven/Range - Electric, Dryer - Electric
Furnishings Yes
Fireplace N
Window Features Double Pane
Appliance Dishwasher, Refrigerator, Microwave, Washer, Water Heater, Stove, Oven/Range - Electric, Dryer - Electric
Heat Source Propane - Leased
Laundry Main Floor
Exterior
Exterior Feature Patio(s)
Garage Spaces 2.0
Fence Partially, Privacy, Rear, Wood
Utilities Available Cable TV, Phone, Water Available, Electric Available, Propane
Waterfront N
Water Access N
Roof Type Architectural Shingle
Street Surface Paved
Accessibility 2+ Access Exits, 32\"+ wide Doors, No Stairs
Porch Patio(s)
Road Frontage State
Parking Type Driveway
Total Parking Spaces 2
Garage N
Building
Lot Description Landscaping
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
Senior Community No
Tax ID 334-20.14-238.00-1
Ownership Land Lease
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description Dogs OK
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Bought with TRACY KELLEY • Jack Lingo - Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "