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Sold for $825,000
  • $825,000

    59 E Maryland E #205E, Rehoboth Beach, DE 19971

    2beds
    954sqft
    Condominium
    Built in 1974
    -- sqft lot
    $842,900 Zestimate®
    $865/sqft
    $2,159 Estimated rent

    Home value

    $842,900

    $759,000 - $936,000

    $2,159/mo

    Zestimate® history
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    What's special

    Beach lockerFloor planCommon laundry roomHot water
    Rarely does a property like this become available . This 2 bedroom 2 bath corner, second floor unit is the largest floor plan in the building. The balcony overlooks Lake Gerar and the west windows face the parks. Enjoy sunset views from your apartment. Being sold furnished. This unit also has its own washer/dryer. There is a nice common laundry room on the first floor. This unit is in move in condition There is a beach locker for your chairs & toys. Condo fee includes hot water, water, sewer, and trash. There is a 1/2 % sinking fund fee, due at settlement, from the Buyer, to purchase in this building. The very desirable Gerar Place is an 18 unit building, ideally located to take advantage of the best of Rehoboth Beach. The beach, boardwalk, shops, restaurants, parks and Lake Gerar are all in the neighborhood. Park your car in its assigned space and never use it until you leave.

    Zillow last checked:

    Listing updated:

    Listed by:

    RICk MONKMAN 302-547-5793,

    Jack Lingo - Rehoboth,

    Co-Listing Agent: Allison Bateman 302-381-3661,

    Jack Lingo - Rehoboth

    Bought with:

    BRYCE LINGO, RA-0001746

    Jack Lingo - Rehoboth

    Source: Bright MLS,MLS#: DESU2056574MLS 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
    • Central, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Main Level, Washer In Unit, Dryer In Unit, In Unit
    Features
    • Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Flat, Kitchen - Galley, Upgraded Countertops, Dry Wall
    • Flooring: Ceramic Tile, Carpet
    • Doors: Sliding Glass
    • Windows: Energy Efficient, Insulated Windows, Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 954
    • Total interior livable area: 954 sqft
    • Finished area above ground: 954
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Parking Space Conveys, Parking Lot
    • Details: Assigned Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Outdoor Shower, Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Lake, Trees/Woods, Park/Greenbelt
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake
    • Body of water: Lake Gerar
    Lot
    • Size: 10,454 Square Feet
    • Features: Corner Lot, Landscaped
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33414.13388.00205E
    • Zoning: TN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Vinyl Siding
    Condition
    • Excellent
    • New construction: No
    • Year built: 1974
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Main Entrance Lock, Smoke Detector(s)
    • Condo and coop fee: $1,772 quarterly
    • Subdivision: North Rehoboth
    HOA
    • Has HOA: No
    Location
    • Region: Rehoboth Beach

    Financial & listing details

    • Price per square foot: $865/sqft
    • Annual tax amount: $1,119
    • Date on market: 2/22/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange
    • Inclusions: Unit Being Sold Furnished Turnkey.
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/15/2024Sold$825,000$865/sqft
    Source: Bright MLS #DESU2056574 Report a problem
    2/27/2024Pending sale$825,000$865/sqft
    Source: Bright MLS #DESU2056574 Report a problem
    2/23/2024Contingent$825,000$865/sqft
    Source: Bright MLS #DESU2056574 Report a problem
    2/22/2024Listed for sale$825,000+66.7%$865/sqft
    Source: Bright MLS #DESU2056574 Report a problem
    12/14/2015Sold$495,000$519/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 19971

    Nearby schools

    GreatSchools rating
    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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    $842,900
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    +$16,858
    With Zillow Showcase(estimated)
    $859,758