Waterfront Oasis! This first-floor, two-bedroom, two-bathroom unit is in amazing condition with many upgrades. It is being sold mostly furnished and is a great turnkey investment or second home. Imagine sitting on the expansive fully furnished patio, with the view and sound of a water feature in the pond. The owner lovingly planted beautiful gardens which surround the 10 x 22 ft. fully-furnished patio area. There is even a gas fireplace for those cozy winter nights! The kitchen is simply stunning and includes a very long granite counter and seating for 4 - 6 people. All of the appliances in the unit are less than 3 years young. The laundry room also includes lots of shelving for your pantry/storage needs. The hike and bike trail can be accessed right outside your front door! The hardwood floors continue throughout the unit and are in pristine condition. There is even a storage closet for bikes and beach supplies. Weekly rentals are allowed in the community. The community pool is a big hit with residents and guests. The convenient location offers the ability to get to the beach in 5 minutes. Shopping and restaurants are within walking distance.
Sold for $625,000
$625,000
38131 West Dr Unit 727, Rehoboth Beach, DE 19971
2beds
1,400sqft
Townhouse
Built in 2007
3,657 Square Feet Lot
$655,700 Zestimate®
$446/sqft
$1,981 Estimated rent
Home value
$655,700
$616,000 - $695,000
$1,981/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
DENISE KARAS 443-226-0560,
Compass
Bought with:
Karl Law
Patterson-Schwartz - Greenville
Source: Bright MLS,MLS#: DESU2062544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, On Street
- Has uncovered spaces: Yes
- Details: Assigned Parking
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: One
- Stories: 1
- Pool features: Community
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Lot
- Size: 3,657 Square Feet
- Features: Backs to Trees, Private
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33420.001.00727
- Zoning: HR-2
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Villa
- Property subtype: Townhouse
Materials
- Combination
- Foundation: Slab
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $0 quarterly
- Subdivision: Spring Lake
HOA
- Has HOA: Yes
- HOA fee: $1,020 quarterly
- HOA name: IPS INVESTMENT PROPERTY SERVICES
Location
- Region: Rehoboth Beach
Financial & listing details
- Price per square foot: $446/sqft
- Tax assessed value: $514,900
- Annual tax amount: $1,408
- Date on market: 5/22/2024
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2024 | Sold | $625,000-3.1%$446/sqft |
Source:  Bright MLS #DESU2062544 Report a problem | ||
| 7/8/2024 | Pending sale | $645,000$461/sqft |
Source: Bright MLS #DESU2062544 Report a problem | ||
| 6/13/2024 | Price change | $645,000-0.8%$461/sqft |
Source: Bright MLS #DESU2062544 Report a problem | ||
| 5/22/2024 | Listed for sale | $650,000$464/sqft |
Source: Bright MLS #DESU2062544 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,406 -18.6% | $257,450 +800.2% |
| 2024 | $1,728 +0.1% | $28,600 |
| 2023 | $1,727 +2.9% | $28,600 |
| 2022 | $1,678 +0.8% | $28,600 +33.3% |
| 2021 | $1,665 +0.3% | $21,450 |
| 2020 | $1,660 | $21,450 |
| 2019 | $1,660 +1.2% | $21,450 -25% |
| 2018 | $1,641 +30.6% | $28,600 |
| 2017 | $1,256 +9.1% | $28,600 |
| 2016 | $1,151 +4.6% | $28,600 |
| 2015 | $1,100 +0.7% | $28,600 |
| 2014 | $1,092 +2.9% | $28,600 |
| 2013 | $1,061 -2.7% | $28,600 |
| 2012 | $1,091 +11.3% | $28,600 |
| 2011 | $980 | $28,600 |
| 2010 | $980 -2.8% | $28,600 |
| 2009 | $1,009 | $28,600 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Neighborhood: 19971
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Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.3 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Rehoboth
- Middle: Beacon
- High: Cape Henlopen
- 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
- 38131 West Dr Unit 727
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