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Sold for $417,000
  • $417,000

    20796 East Dr Unit 512, Rehoboth Beach, DE 19971

    1beds
    1,122sqft
    Condominium
    Built in 1989
    -- sqft lot
    $482,600 Zestimate®
    $372/sqft
    $1,721 Estimated rent

    Home value

    $482,600

    $444,000 - $531,000

    $1,721/mo

    Zestimate® history
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    What's special

    Community poolMature landscapingPrivate covered patioUpdated bathroomsNew stainless kitchen appliancesStorage closetNew ceiling fans
    1BR, 1.5BA Spacious 1st Floor Rehoboth Beach Condo with new Stainless Kitchen Appliances, updated Bathrooms, new ceiling fans & floors. Located in beautiful Spring Lake w/ community pool & mature landscaping and trail to Thompson Island State Park & Rehoboth Bay. Just 5 blocks to the beach. Private covered patio is perfect for entertaining. Storage closet 4 bikes & beach stuff. Bring your friends - Sleeps 4 to 6. Great investment, Rents for $1300+/wk. 2023 rentals $20K. 2 assigned parking spaces.

    Zillow last checked:

    Listing updated:

    Listed by:

    LUCIUS WEBB 302-258-4590,

    Jack Lingo - Rehoboth

    Bought with:

    Dustin Oldfather, RS-0017091

    Compass

    Christian Schaffer, RS0038583

    Compass

    Source: Bright MLS,MLS#: DESU2049896MLS Logo

    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
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Water Heater, Washer, Refrigerator, Oven/Range - Electric, Self Cleaning Oven, Microwave, Dishwasher, Disposal, Dryer, Ice Maker
    • Laundry: Main Level, In Unit
    Features
    • Bathroom - Tub Shower, Primary Bath(s), Kitchen - Galley, Eat-in Kitchen, Open Floorplan, Family Room Off Kitchen, Entry Level Bedroom, Combination Kitchen/Living, Ceiling Fan(s), Breakfast Area, Dry Wall
    • Flooring: Laminate
    • Doors: Sliding Glass, Insulated
    • Windows: Sliding, Storm Window(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    • Common walls with other units/homes: 2+ Common Walls,No One Below
    Interior area
    • Total structure area: 1,122
    • Total interior livable area: 1,122 sqft
    • Finished area above ground: 1,122
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Parking Lot, Off Street
    • Details: Assigned Parking, Assigned Space #: 512
    Accessibility
    • Accessibility features: Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Lighting, Storage, Play Equipment
    • Pool features: Community
    • Has view: Yes
    • View description: Scenic Vista, Garden
    Lot
    • Features: Suburban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.001.00512
    • Zoning: HR-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stick Built, Wood Siding
    • Roof: Architectural Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Septic
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Phone Available, Cable

    Community & HOA

    Community
    • Features: Pool
    • Condo and coop fee: $1,200 quarterly
    • Subdivision: Spring Lake
    HOA
    • Has HOA: No
    • Amenities included: Reserved/Assigned Parking, Pool, Common Grounds
    • Services included: Common Area Maintenance, Maintenance Grounds, Management, Pool(s), Reserve Funds, Road Maintenance, Trash, Snow Removal, Insurance
    • HOA name: Spring Lake Phase V Condos
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $372/sqft
    • Tax assessed value: $24,550
    • Annual tax amount: $1,209
    • Date on market: 10/14/2023
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: All Furnishings And Furniture, Ready To Rent
    • Exclusions: Personal Artwork
    • Ownership: Condominium

    Price history

    DateEventPrice
    12/28/2023Sold$417,000-4.1%$372/sqft
    Source: Bright MLS #DESU2049896 Report a problem
    12/10/2023Contingent$435,000$388/sqft
    Source: Bright MLS #DESU2049896 Report a problem
    12/3/2023Price change$435,000-2%$388/sqft
    Source: Bright MLS #DESU2049896 Report a problem
    11/15/2023Price change$443,700-3.5%$395/sqft
    Source: Bright MLS #DESU2049896 Report a problem
    10/30/2023Price change$460,000-6.1%$410/sqft
    Source: Bright MLS #DESU2049896 Report a problem
    10/14/2023Listed for sale$490,000$437/sqft
    Source: Bright MLS #DESU2049896 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,293 -15.4%$230,700 +839.7%
    2024$1,529 +0.1%$24,550
    2023$1,528 +2.8%$24,550
    2022$1,485 +0.7%$24,550
    2021$1,475 +0.3%$24,550
    2020$1,470 $24,550 +7%
    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 -3.2%$24,550
    2012$943 +11.2%$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 schools

    GreatSchools rating
    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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    $482,600
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    With Zillow Showcase(estimated)
    $492,252