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$670,000
$699,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2 VIRGINIA AVE #502 Rehoboth Beach, DE 19971
2 Beds
2 Baths
1,320 SqFt
Key Details
Sold Price $670,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $507
Subdivision North Rehoboth
MLS Listing ID DESU161944
Sold Date 07/31/20
Style Unit/Flat,Split Level
Bedrooms 2
Full Baths 2
HOA Fees $1,124/ann
HOA Y/N Y
Abv Grd Liv Area 1,320
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $1,302
Tax Year 2019
Lot Dimensions 0.00 x 0.00
Property Description
Direct Ocean Front!! Enjoy panoramic beach views, surf sounds, and people watching from the large covered balcony in unit 502, Edgewater House condominium located ocean front -Virginia Avenue. The split floor plan opens to a hallway that leads to a private suite with twin beds and full bath-overlooking the pool. Take the stairway and you ll be amazed by the spacious main living level. The ocean view is your focal point, from the entire living area, kitchen, and balcony. The second master bedroom is conveniently located in back via private hallway. Unit is beautifully decorated, all updated baths, and is ranked as a top rental with many repeat tenants. Secure building, maintenance free, full time resident manager, commercial grade coin laundry facilities, bike room, private outdoor pool, lounge area, and garage parking! Just steps to the beach and boardwalk. Scenic bike riding, top notch dining, boutique style shopping, and amusements/arcades are so close by. A family owned property and has never been offered for sale until now. Water and sewer incl. in condo fee! This condo. has also been a steady income producer with consistent rentals; $46,000 GRI. Other fees: Rubbish 250 year, elec. $30-40 month off season and up to $150 month peak months.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Direction West
Rooms
Main Level Bedrooms 2
Interior
Interior Features Breakfast Area, Built-Ins, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Efficiency, Primary Bath(s), Stall Shower, Upgraded Countertops, Window Treatments
Hot Water Electric
Heating Central, Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Flooring Carpet, Vinyl, Tile/Brick
Equipment Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
Furnishings Yes
Window Features Screens,Sliding,Storm
Appliance Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
Heat Source Electric
Exterior
Garage Underground
Garage Spaces 1.0
Utilities Available Cable TV Available
Amenities Available Answering Service, Common Grounds, Elevator, Extra Storage, Fencing, Laundry Facilities, Pool - Outdoor, Reserved/Assigned Parking, Security, Swimming Pool
Waterfront Y
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Beach,Swimming Allowed
View Ocean, Panoramic
Roof Type Flat,Rubber
Accessibility None
Parking Type Parking Garage
Total Parking Spaces 1
Garage N
Building
Lot Description Poolside
Story 2
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat, Split Level
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
HOA Fee Include Common Area Maintenance,Lawn Maintenance,Management,Water,Sewer
Senior Community No
Tax ID 334-14.14-23.00-502
Ownership Condominium
Security Features Smoke Detector,Main Entrance Lock,Resident Manager
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with BRYCE LINGO • Jack Lingo - Rehoboth