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Sold for $550,000
  • $550,000

    20908 Spring Lake Dr Unit 305, Rehoboth Beach, DE 19971

    2beds
    1,200sqft
    Condominium
    Built in 1984
    -- sqft lot
    $552,200 Zestimate®
    $458/sqft
    $1,913 Estimated rent

    Home value

    $552,200

    $508,000 - $602,000

    $1,913/mo

    Zestimate® history
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    What's special

    Remodeled kitchenUpdated stainless steel appliancesBeautiful beachesBeautifully landscaped groundsAbundance of natural lightStone countertopsStylish tile backsplash
    PERFECT BEACH GETAWAY! This fully renovated & fully furnished 2-bedroom, 2-bath condo located in the desirable Spring Lake community is ready to be made yours. This spacious 1,200 sqft residence, built in 1984, offers a serene retreat nestled between the beautiful beaches of Rehoboth and Dewey, making it an ideal location for enjoying all that coastal living has to offer. Featuring stunning views of a tranquil pond and beautifully landscaped grounds, providing a picturesque backdrop for relaxation and entertaining. Situated on the second and third levels of a charming three-story building, this unit boasts an abundance of natural light with hardwood and tile flooring throughout the main level leading to a gorgeous, remodeled kitchen equipped with stone countertops, a stylish tile backsplash, and updated stainless steel appliances. The bathrooms have been tastefully updated, including the primary with a new shower with glass doors and custom fixtures that elevate your daily routine. Other highlights include reasonable HOA fees, which include access to Spring Lake’s community pool and the scenic Thompson Island Preserve right next door, offering beautiful walking trails along Rehoboth Bay. This phase of the community has a minimum rental term of just 30 days, making it a fantastic investment opportunity or vacation home. Don’t miss your chance to own this exceptional property in one of the area's most sought-after communities! Call and schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Ann Wilkinson 302-645-6664,

    Berkshire Hathaway HomeServices PenFed Realty,

    Listing Team: The Lee Ann Wilkinson Group

    Bought with:

    Lee Ann Wilkinson, RA-0002064

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: DESU2074904MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Primary Bathroom, Full Bath, Additional Bedroom
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Range Hood, Washer, Water Heater, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, Laundry Room, In Unit
    Features
    • Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Vaulted Ceiling(s)
    • Flooring: Carpet, Hardwood, Tile/Brick
    • Doors: Storm Door(s)
    • Windows: Screens, Storm Window(s), Skylight(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    • Finished area above ground: 1,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Paved, Parking Lot
    • Details: Assigned Parking, Assigned Space #: 305
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Storage, Balcony
    • Pool features: Community
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    • Waterfront features: Shared, Pond
    • Frontage length: Water Frontage Ft: 20
    Lot
    • Features: Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.001.00305
    • Zoning: HR-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Cedar, Stick Built
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1984
    • Major remodel year: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Condo and coop fee: $896 quarterly
    • Subdivision: Spring Lake
    HOA
    • Has HOA: No
    • Amenities included: Pool
    • Services included: Maintenance Structure, Maintenance Grounds, Trash
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $458/sqft
    • Tax assessed value: $423,300
    • Annual tax amount: $1,304
    • Date on market: 11/22/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Being Sold Fully Furnished. Buyers To Provide List Of Exclusions
    • Exclusions: Painting In Primary Bedroom
    • Ownership: Condominium

    Price history

    DateEventPrice
    12/23/2024Sold$550,000-0.9%$458/sqft
    Source: Bright MLS #DESU2074904 Report a problem
    12/18/2024Pending sale$555,000$463/sqft
    Source: Bright MLS #DESU2074904 Report a problem
    11/26/2024Contingent$555,000$463/sqft
    Source: Bright MLS #DESU2074904 Report a problem
    11/22/2024Listed for sale$555,000+33.7%$463/sqft
    Source: Bright MLS #DESU2074904 Report a problem
    7/12/2021Sold$415,000+26.7%$346/sqft
    Source: Public Record Report a problem
    10/31/2013Sold$327,500+9.2%$273/sqft
    Source: Public Record Report a problem
    5/1/2012Sold$300,000$250/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,213 -25.3%$211,650 +700.2%
    2024$1,622 +0.1%$26,450
    2023$1,621 +2.9%$26,450
    2022$1,576 +0.7%$26,450
    2021$1,564 +0.3%$26,450
    2020$1,559 $26,450 +27.5%
    2019$1,559 +1.3%$20,750 -21.6%
    2018$1,540 +32.6%$26,450
    2017$1,162 +9.1%$26,450
    2016$1,065 +4.6%$26,450
    2015$1,018 +0.7%$26,450
    2014$1,011 +2.9%$26,450
    2013$982 -3%$26,450
    2012$1,012 +11.3%$26,450
    2011$910 $26,450
    2010$910 -2.8%$26,450
    2009$936 $26,450
    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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    $552,200
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