2 months on rocket

2 Virginia Ave Unit 213, Rehoboth Beach, DE, 19971

$749,000

Home List Price

$8,894*

Closing Credit

1 Full Bath
540 SqFt
$1,387/SqFt
Condo

Location

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2 Virginia Ave Unit 213, Rehoboth Beach$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBasement Garage, Covered Parking, Parking Garage
Garage1 space
Year Built1966
HeatingForced Air
CoolingCentral Air
MLS #DESU2071264
StatusActive
(ACTIVE)

About 2 Virginia Ave Unit 213

Welcome to your perfect getaway in downtown Rehoboth Beach. 213 Edgewater House is a beautifully renovated second-floor, oceanfront condo located on the Rehoboth Beach Boardwalk. From the moment you enter, you’ll be stunned by the picturesque view of Rehoboth Beach, the Boardwalk and the Ocean. This view can be enjoyed from the cozy family room or private balcony. Beautifully updated, this unit is being sold fully furnished, including a Queen-sized Murphy bed and two twin pullout chairs. In addition to easy Boardwalk and beach access, the Edgewater House offers a community pool! Other amenities include off-street parking, trash and laundry facilities for residents. It is an excellent investment property, too, if that is your goal - boasting over $30,000 in rental income summer after summer! 213 Edgewater House is in pristine condition and close to all the restaurants and shops Rehoboth Beach has to offer! SETTLEMENT DATE MUST BE IN 2025.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1966
  • Stories: 1
  • Living Area: 540 SqFt

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: Carly Meluney

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range Hood, Refrigerator, Water Heater, Microwave, Oven, Electric Range
  • Basement: No
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior: Bathroom - Tub Shower, Carpet, Combination Dining/Living, Efficiency, Flat, Kitchen - Efficiency, Primary Bedroom - Ocean Front, Upgraded Countertops, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Exterior: Street Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Basement Garage, Covered Parking, Parking Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Rehoboth Ave: Take left onto Lake Ave; Left onto 1st St; Right onto Virginia Ave to Edgewater House building.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $1,387/SqFt

Tax Information:

  • Annual Amount: $989
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rehoboth Beach, DE.

Med. Sold Price

$780K

Med. Price/SqFt

$361

Avg. Days On Market

49

# of Sold Homes

25

2 Virginia Ave Unit 213 vs Rehoboth Beach

81 DAYS ON ROCKET

+32 Days

$749,000

-$31K Less

$1,387/SqFt

+$1K More

KEY TAKEAWAY

This property is $31K less than the Median Sold Price and $1K/SqFt more than other homes in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2071264

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: Carly Meluney

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 12, 2015Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$989$17,150
2020$985$21,000
2018$922$21,000
2017$883$21,000

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-923461
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-923462
9
/10
  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 4.08 miles

  • Public District Grades KG-5

school-card-donut-923463
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 5.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,955. The majority of Rehoboth Beach, DE residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rehoboth Beach, DE

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rehoboth Beach, DE?

Rehoboth Beach offers a diverse array of housing options, with a significant portion of the market comprised of single-family homes that feature a mix of contemporary, beach cottage, and colonial architectural styles. Condominiums and townhouses are also prevalent, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a steady growth in housing developments, particularly with waterfront and beach-adjacent properties being highly sought after.

Is Rehoboth Beach, DE a good place to live?

Rehoboth Beach is celebrated for its vibrant coastal charm and friendly community atmosphere. The town prides itself on its beautiful beaches, boardwalk, and a variety of shops and eateries that contribute to its character as a beloved summer destination. Annual events like the Rehoboth Beach Independent Film Festival and the Sea Witch Festival reflect the town's cultural identity and draw visitors from across the region.

Are things conveniently located in Rehoboth Beach, DE?

The community is served by a number of public schools, offering educational opportunities for children of all ages. Healthcare is accessible through local clinics and the nearby Beebe Healthcare, which provides comprehensive medical services. The Rehoboth Beach Public Library serves as a cultural hub, and the town's array of boutique shops and restaurants cater to both local and seasonal populations, reflecting the area's culinary diversity and artistic flair.

What does the transportation in Rehoboth Beach, DE look like?

Transportation in Rehoboth Beach includes a mix of private and public options, with local buses serving the area and connecting residents to nearby towns. The town is known for its walkable downtown area, making it easy for residents and visitors to navigate the main attractions on foot. For those commuting by car, Coastal Highway provides a direct route to neighboring cities and attractions. The area is also bike-friendly, with several paths and trails available for cycling enthusiasts.

Frequently Asked Questions About 2 Virginia Ave Unit 213

What is the listing price of this property?

The listing price of 2 Virginia Ave Unit 213 property is $749,000.

What type of property is this?

The property 2 Virginia Ave Unit 213 is a condo located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 2 Virginia Ave Unit 213 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $989 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 12, 2015 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2 Virginia Ave Unit 213 has 1 bathroom..

What is the square footage of this property?

The property 2 Virginia Ave Unit 213 is 540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Virginia Ave Unit 213 is 1966.

Rocket HomesDelawareSussex CountyRehoboth Beach199712 Virginia Ave Unit 213

This home is located at 2 Virginia Ave Unit 213 in Rehoboth Beach, DE and zip code 19971. This 540 square foot home was built in 1966. Features: 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $749,000.

Rehoboth Beach, DE housing market in November 2024 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. The number of listings in Rehoboth Beach, DE increased by 3.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 49 days, the median list price was $780,000.

From Rocket Homes Real Estate and based on county public records data.

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