Welcome to the desirable community of Spring Lake! This well-maintained one-bedroom, one-and-a-half-bath condo offers the perfect blend of comfort and convenience. Previously a rental, this home is in immaculate condition and doesn’t show like one. Being sold fully furnished, it’s ready for immediate enjoyment by its new owners. A standout feature of this condo is the queen-sized Murphy bed in the living room, providing extra sleeping space and enhancing its rental potential. This phase of Spring Lake allows for weekly rentals, making it a fantastic income-generating opportunity. Just steps away, enjoy the community pool, and take a short stroll to the beach, as well as all the fantastic shops and restaurants in downtown Rehoboth and vibrant Dewey Beach. For those who love nature, the peaceful walking trails in the Thompson Island Preserve along Rehoboth Bay offer a perfect escape. This condo is priced to sell and provides a wonderful opportunity to add your own personal touch. Whether you're seeking a vacation home, an investment property, or a primary residence, this Spring Lake gem is ready for you to make it your own!
Sold for $399,000
$399,000
20784 East Dr Unit 507, Rehoboth Beach, DE 19971
1beds
1,100sqft
Condominium
Built in 1988
-- sqft lot
$397,400 Zestimate®
$363/sqft
$1,805 Estimated rent
Home value
$397,400
$366,000 - $433,000
$1,805/mo
Zestimate® history
Owner options
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$1,797/mo
Est. payment
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Est. payment
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List your homeWhat's special
Extra sleeping spaceCommunity poolQueen-sized murphy bed
Zillow last checked:
Listing updated:
Listed by:
CHRISTINA HAAG 302-226-6612,
Jack Lingo - Rehoboth,
Co-Listing Agent: Molly Bayard Brittingham 302-227-3883,
Jack Lingo - Rehoboth
Bought with:
Justin Noble, RS-0025175
Monument Sotheby's International Realty
Source: Bright MLS,MLS#: DESU2073464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Microwave, Water Heater, Washer, Dryer, Disposal, Electric Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s)
- Windows: Window Treatments
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.001.00507
- Zoning: HR-2
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, Cedar, HardiPlank Type
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,461 quarterly
- Subdivision: Spring Lake
HOA
- Has HOA: No
- Services included: Common Area Maintenance, Maintenance Structure
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $363/sqft
- Tax assessed value: $464,400
- Annual tax amount: $1,210
- Date on market: 11/3/2024
- Listing agreement: Exclusive Right To Sell
- Inclusions: Furnished With A Few Exceptions.
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $399,000-6.1%$363/sqft |
Source:  Bright MLS #DESU2073464 Report a problem | ||
| 4/6/2025 | Contingent | $425,000$386/sqft |
Source: Bright MLS #DESU2073464 Report a problem | ||
| 2/27/2025 | Listed for sale | $425,000$386/sqft |
Source: Bright MLS #DESU2073464 Report a problem | ||
| 11/23/2024 | Listing removed | $425,000$386/sqft |
Source: Bright MLS #DESU2073464 Report a problem | ||
| 11/3/2024 | Listed for sale | $425,000$386/sqft |
Source: Bright MLS #DESU2073464 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,299 -15% | $232,200 +845.8% |
| 2024 | $1,529 +0.1% | $24,550 |
| 2023 | $1,528 +2.8% | $24,550 |
| 2022 | $1,485 +0.7% | $24,550 +7% |
| 2021 | $1,475 +0.3% | $22,950 |
| 2020 | $1,470 | $22,950 |
| 2019 | $1,470 +1.4% | $22,950 -6.5% |
| 2018 | $1,450 +34.5% | $24,550 |
| 2017 | $1,078 +9% | $24,550 |
| 2016 | $989 +4.6% | $24,550 |
| 2015 | $945 +0.7% | $24,550 |
| 2014 | $939 +2.9% | $24,550 |
| 2013 | $912 -4.1% | $24,550 |
| 2012 | $951 +12.3% | $24,550 |
| 2011 | $847 | $24,550 |
| 2010 | $847 -2.8% | $24,550 |
| 2009 | $872 | $24,550 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Delaware
- Sussex County
- Rehoboth Beach
- 19971
- 20784 East Dr Unit 507
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