$599,000
$575,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
SOLD DATE : 05/10/2022
Key Details
Sold Price $599,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU2016540
Sold Date 05/10/22
Style Unit/Flat
Bedrooms 2
Full Baths 1
Condo Fees $425/qua
HOA Y/N Y
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $432
Tax Year 2021
Lot Dimensions 0.00 x 0.00
Property Description
Dewey Beach, mid ocean block condo! You can hear the waves breaking on the beach, it's that close to the ocean:) This quaint 2 bedroom/1 bathroom offers tons of potential. The unit is nicely upgraded with a tastefully renovated bathroom to include tile floors and a tile shower. The refrigerator is one year old. The carpets are brand new in both of the bedrooms and the exterior porch. The family room and kitchen have brand new waterproof laminate flooring. The ductless heat was installed only 2.5 years ago so it's practically brand new with a 10 year warranty! The old baseboard heat is still in place and operable condition, great for a 2nd backup heat. The spacious front porch is an ideal location to gather around with friends for summer dining, happy hours and lots of socializing. This area can be renovated adding additional heated living space to the home. Low HOA fees only $1,700. annually. There's a very nice, private, unique courtyard that rests between the two buildings for the eight owners and their guests. The courtyard is enjoyed by all and consists of beach furniture, BBQ grills with piped in propane , picnic tables and additional seating. This unit is available fully furnished, turn key ready. Rental income for 2021 was $25K and was blocked out from Sept. to the end of the year so the income could have been considerably higher. The 2022 summer has been booked solid and rental income conveys with the purchase. Open house on Sat. April 2nd from 10:30- 1:30 Please call for your private showing. Won't last long!!!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Rooms
Other Rooms Kitchen, Family Room, Sun/Florida Room
Main Level Bedrooms 2
Interior
Interior Features Carpet, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Window Treatments
Hot Water Propane
Heating Baseboard - Electric, Programmable Thermostat, Other
Cooling Central A/C
Equipment Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Furnishings Yes
Appliance Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Heat Source Electric
Laundry Has Laundry
Exterior
Exterior Feature Patio(s)
Garage Spaces 1.0
Parking On Site 1
Fence Partially
Utilities Available Cable TV Available
Amenities Available Common Grounds, Fencing, Reserved/Assigned Parking
Waterfront N
Water Access Y
Water Access Desc Boat - Powered,Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Public Access,Public Beach,Sail,Swimming Allowed
Roof Type Rubber
Accessibility 32\"+ wide Doors
Porch Patio(s)
Parking Type Off Street, Driveway, On Street
Total Parking Spaces 1
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Reserve Funds,Trash,Gas
Senior Community No
Tax ID 334-20.18-221.00-5
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with JOHN ZACHARIAS • Patterson-Schwartz-OceanView
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "