Sold for $675,000

$675,000

59 Maryland Ave APT 401A, Rehoboth Beach, DE 19971

1beds

--sqft

Condominium

Built in 1975

-- sqft lot

$685,300 Zestimate^®

$--/sqft

$1,641 Estimated rent

Home value

$685,300

$624,000 - $761,000

$1,641/mo

Zestimate^® history

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$1,641/mo

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$3,890/mo

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$3,890/mo

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What's special

Upgraded kitchenFabulous viewsLaundry room

A Rare opportunity in downtown Rehoboth. This one bedroom, in the much desired Gerar Place building, is on the top floor over looking Lake Gerar from the living room and bedroom. The dining area over looks the landscaped park to the west. This unit has fabulous views that are rarely seen in town. Featuring an upgraded kitchen & fully tiled redone bath & tile floors throughout. This is the perfect get away . Park your car and walk two blocks to the beach or two blocks to downtown. This unit has been well maintained. Building exterior siding, insulation wrap and windows were replaced in 2022. The slider in this unit was replaced in 2022. The building has a large clean , neat, bright, laundry room. There is a beach storage unit & an Assigned Parking space. The condo fee covers not only building & yard maintenance, but also water, sewer, trash and hot water. If you are looking for serenity with access that all Rehoboth has to offer- look no further! Make this your special spot!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 0

Heating

Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Microwave, Dishwasher, Disposal, Refrigerator, Cooktop, Water Heater
Laundry: Common Area, Main Level

Features

Ceiling Fan(s), Combination Dining/Living, Elevator, Entry Level Bedroom, Kitchen - Galley, Bathroom - Stall Shower
Flooring: Tile/Brick
Windows: Energy Efficient, Window Treatments
Has basement: No
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 0
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Assigned, Lighted, Driveway, Paved, Private, Parking Lot, Off Street
Has uncovered spaces: Yes
Details: Assigned Parking, Assigned Space #: 401

Accessibility

Accessibility features: Accessible Elevator Installed, No Stairs

Features

Levels: Four
Stories: 4
Exterior features: Lighting, Outdoor Shower, Storage, Street Lights, Other, Balcony
Pool features: None
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Park, Lake
Body of water: Lake Gerar
Frontage length: Water Frontage Ft: 23

Details

Additional structures: Above Grade, Below Grade
Parcel number: 33414.13388.00401A
Zoning: TN
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Other

Condition

Very Good
New construction: No
Year built: 1975
Major remodel year: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Main Entrance Lock, Non-Monitored
Condo and coop fee: $1,313 quarterly
Subdivision: Rehoboth Beach

HOA

Has HOA: No
Amenities included: Elevator(s), Storage, Laundry, Reserved/Assigned Parking
Services included: Common Area Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Trash, Water, Sewer
HOA name: Gerar Place

Location

Region: Rehoboth Beach

Financial & listing details

Annual tax amount: $996
Date on market: 12/13/2023
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Seller To Provide List Of Exclusions, To Include Artwork, Dining Room Set, Futon, Mattress, and Cushion, Gray Side Table And Square Coffee Table In Living Room.
Ownership: Condominium
Road surface type: Black Top

Price history

Date	Event	Price
1/29/2024	Sold	$675,000-3.6%
Source: Bright MLS #DESU2052874 Report a problem
1/3/2024	Pending sale	$699,900
Source: Bright MLS #DESU2052874 Report a problem
12/18/2023	Contingent	$699,900
Source: Bright MLS #DESU2052874 Report a problem
12/13/2023	Listed for sale	$699,900+64.7%
Source: Bright MLS #DESU2052874 Report a problem
9/25/2018	Listing removed	$424,900
Source: CROWLEY ASSOCIATES REALTY INC. #1001566040 Report a problem
9/16/2018	Listed for sale	$424,900
Source: CROWLEY ASSOCIATES REALTY INC. #1001566040 Report a problem
7/1/2018	Listing removed	$424,900
Source: CROWLEY ASSOCIATES REALTY INC. #1001566040 Report a problem
5/24/2018	Price change	$424,900-5.6%
Source: CROWLEY ASSOCIATES REALTY INC. #708655 Report a problem
11/5/2016	Price change	$449,900-1.1%
Source: CROWLEY ASSOCIATES REALTY INC. #708655 Report a problem
4/5/2016	Listed for sale	$455,000
Source: CROWLEY ASSOCIATES REALTY INC. #708655 Report a problem