Rehoboth Beach Real Estate News

19838 Church Street in Edgewater Park was reduced to $499,999 Saturday June 26 making it the lowest priced 5BR Townhome within walking distance to the beach.

On Wednesday June 23 2010 in 90+ degree heat more than 70 local Sussex County Delaware Realtors came together to help frame a home in conjunction with Habitat for Humanity.

Habitat for Humanity Summer Build

As someone who has  experience building homes it was fascinating to see people both young and old with absolutely no experience being as productive as they were.  Small teams of five to eight members consistently banged out one wall after another hour after hour in the hot summer sun.  What started out as large stacks of 2×4 lumber in the morning transformed into a good sized twinhome (duplex) by mid afternoon. You are welcome to view additional photos of the SCAOR Habitat for Humanity Summer Build on my facebook page.

Unit 516 One Virginia Ave MLS#574487

Just as a notice, the owner is ill and wants this condo sold.
He has lowered the listing price to $450,000
The owner bought this unit for $435,000 in 2003.
Appraised for $652,000 10/2008
Not A Short Sale. Wonderful Beach & Boardwalk Views. A Great Beach Getaway.

Yearly Condo Fees = $6474
Yearly City Taxes = $278
Yearly County Tax = $668
Current Summer Rental Income = $19,000

The condo is rented every week until Sept., but can be shown on Saturdays, 10:30 am to 2 pm.