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Sold for $560,000
  • $560,000

    38131 West Dr Unit 726, Rehoboth Beach, DE 19971

    2beds
    --sqft
    Condominium
    Built in 1997
    -- sqft lot
    $607,600 Zestimate®
    $--/sqft
    $2,047 Estimated rent

    Home value

    $607,600

    $565,000 - $656,000

    $2,047/mo

    Zestimate® history
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    What's special

    Welcome to Spring Lake, a coveted community just 5 blocks to the beach, sited between Rehoboth and Dewey Beaches within easy reach on foot or by bike. The 2BR, 2BA unit being offered is in Phase VII, tucked back on perhaps the quietest street in the community, and directly across from the wooded access to Thompson Island Trail leading to the bay! This unit is on the 2nd floor of a 2-story building, accessed by a private enclosed flight of stairs. Upstairs opens into the Great Room and kitchen that feature vaulted ceilings, large windows and doors leading to the sizable Eastern facing deck with expansive views of the pond and surrounding green spaces. The Great Room has a gas fireplace with mantel and has adjacent built in cabinetry. The kitchen is white and bright, with a raised counter for seating if desired, and opens to the Great Room, ideal for entertaining. Behind closed doors at the top of the stairs is a double wide closet which is organized as an office space. Mannington hardwood floors are throughout the Great Room, kitchen and hallway, as well as on the stairway accessing the unit. The hallway leads to two spacious bedrooms, with windows looking across to the wooded Thompson Trail, state parkland, never to be developed. The Primary bedroom has an ensuite bath with shower. A second bath, across from the guest bedroom, features a tub/shower combination. The laundry area includes full size, side by side, washer and dryer. A pull-down stair in the laundry room accesses the partially floored attic, perfect for additional storage. An additional storage area is located at the entry to the unit, perfect for bikes, beach chairs and toys! Exterior maintenance of the unit itself, as well as landscaping is covered by the Condominium Association, giving you freedom to enjoy your time at the beach. While this unit has never been rented by the current owner, rentals are permitted in Phase VII for the buyer looking for an investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARILYNN KUEBLER 302-227-6767,

    Monument Sotheby's International Realty

    Bought with:

    Michael Reamy Jr, RS-0024767

    Monument Sotheby's International Realty

    Source: Bright MLS,MLS#: DESU2057750MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Heat Pump, Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
    • Laundry: Main Level, Washer In Unit, Dryer In Unit, In Unit
    Features
    • Attic, Built-in Features, Open Floorplan, Kitchen - Galley, Primary Bath(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-In Closet(s), Ceiling Fan(s), Combination Dining/Living, Vaulted Ceiling(s), Dry Wall
    • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Wood
    • Doors: Sliding Glass, Storm Door(s)
    • Windows: Screens, Skylight(s), Sliding, Storm Window(s), Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Glass Doors, Gas/Propane, Mantel(s), Other
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,300
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Paved, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Storage, Sidewalks
    • Pool features: Community
    • Has view: Yes
    • View description: Pond, Scenic Vista, Trees/Woods
    • Has water view: Yes
    • Water view: Pond
    • Waterfront features: Pond
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.001.00726
    • Zoning: HR-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stick Built, Cedar
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Phone Available, Propane - Community, Cable

    Community & HOA

    Community
    • Features: Pool
    • Security: Motion Detectors, Security System
    • Condo and coop fee: $1,020 quarterly
    • Subdivision: Spring Lake
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Pool, Reserved/Assigned Parking
    • Services included: Common Area Maintenance, Maintenance Structure, Management, Pest Control, Pool(s), Snow Removal, Trash
    • HOA name: Spring Lake Trust
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Tax assessed value: $545,700
    • Annual tax amount: $1,379
    • Date on market: 3/28/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Unit Is Being Sold Partially Furnished Including Some Accessories, And Kitchen Items.
    • Exclusions: Master Bedroom Furniture; Fishnet Window Treatments As Well As Rods In Kitchen / Great Room; Televisions. Other Exclusions Will Be Detailed In Writing Upon Request.
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/8/2024Sold$560,000
    Source: Bright MLS #DESU2057750 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,471 -13.4%$272,850 +874.5%
    2024$1,699 +41.9%$28,000
    2023$1,197 +4.2%$28,000
    2022$1,149 -7.1%$28,000 +34.3%
    2021$1,237 +0.4%$20,850
    2020$1,232 $20,850
    2019$1,232 +1.6%$20,850 -25.5%
    2018$1,213 +46.2%$28,000
    2017$830 +22.5%$28,000
    2016$677 +4%$28,000
    2015$651 -39.1%$28,000
    2014$1,069 +2.9%$28,000
    2013$1,039 -2.8%$28,000
    2012$1,069 +11.3%$28,000
    2011$960 $28,000
    2010$960 -2.8%$28,000
    2009$988 $28,000
    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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