Rehoboth Beach, DE 19971,2 VIRGINIA AVE #502
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Rehoboth Beach, DE 19971,2 VIRGINIA AVE #502
Rehoboth Beach, DE 19971,2 VIRGINIA AVE #502
Rehoboth Beach, DE 19971,2 VIRGINIA AVE #502
Rehoboth Beach, DE 19971,2 VIRGINIA AVE #502

$670,000

Est. payment /mo

$699,000

4.1%
Est.Price: ?

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2 VIRGINIA AVE #502 Rehoboth Beach, DE 19971

2 Beds

2 Baths

1,320 SqFt

SOLD DATE : 07/31/2020

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

Parking Features 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 Description Sandy Beach

Water Access Y

Water Access Desc Public Beach,Swimming Allowed

View Ocean, Panoramic

Roof Type Flat,Rubber

Accessibility None

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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Bright MLS (BMLS)
Listed by TRACY J. KELLEY • Jack Lingo - Rehoboth
Bought with BRYCE LINGO • Jack Lingo - Rehoboth

Jan Crowley

License ID: 660313

+1(443) 538-4326

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