New on the market as of 2/21/2012. 1 Leigh’s Way – Sea Chase.
Lowest priced 4BR townhouse in Rehoboth Beach DE
4br/3ba Townhouse with a one car garage and sunroom in the the neighborhood of Sea Chase. This community has a pool and is walking distance to restaurants and shopping.
Asking Price $229,900. County Taxes $450 a year, HOA $3960
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.
A letter from a local custom home builder:
“I am selling my house in Wolfe Pointe: I am willing to firesale the house at this point just to get it sold so I can build a house for my family. I don’t want to build a new house on our lot until I sell the Wolfe Pointe house. Anyway, here are the details:
· The house appraised for $2.453M in November, 2007 (I can send you a PDF of the appraisal)
· The house is 6,600 heated SF and has 5 bedrooms, 5 full baths, and 2 half baths.
· The house won the Regal award for Best Custom Home over $750,000 and the National Award for Best Interior Merchandizing for a home priced over $2M.
· I had an offer on the house for $1.75M plus two weeks on a 165’ yacht that I didn’t take (yes, I am one of those dumb people who didn’t take their first offer and should have)
· I spent $1.71M on the construction of the house at my direct cost and paid $285k for the lot so I have almost $2M in the house
· The house is being sold with or without the furniture. It includes all the TVs and media equipment (smart home, home theatre, etc)
· I am asking $1.19M without the furniture and $1.25M with the furniture.
If you have anyone who you think might be interested in my house, please let me know. Somebody is going to get a good deal because this house can’t be recreated for less than $2M. Because there are renters in the house, I can only give tours to serious buyers.”
This home is not currently on the MLS and you won’t find it on Realtor.com or many other websites.
Please let me know if you are a “Serious Buyer” and I will be happy to arrange a tour.
302 258 4368 – Mike Brown
Granted, many local real estate agents do not list the square footage of their listings in the MLS but a current search of Rehoboth Beach homes reveals that 19838 Church Street in Edgewater Park offers the most Square footage for the money within a mile of the Rehoboth Beach Boardwalk. This particular unit is 3200 SF and priced at $515,000.
PROPERTY FEATURES
Canal View
5 Bedrooms
4 1/2 Baths
Living Room & Dining Room
Large Kitchen with Work Station and Adjacent Eating Area for Six
Approximately 3,300 square feet
Gas Fire Place in Living Room
Crown Molding in Living Room, Dining Room and Kitchen
Hard Wood Floors in Living Room, Dining Room and Kitchen
Upgraded Fans in Living Room and Kitchen
Upgraded Brushed Nickel Drawer Pulls in Kitchen
Fans in All Bed Rooms
Upgraded Brushed Nickel Faucets, Fixtures, Hardware and Lighting in Powder Room, Master Bath Room and Kitchen
Upgraded Tile in Front Hall Way, Powder Room and Master Bath
Upgraded Vanities in all Bath Rooms
Karastan Carpet Runner with Plush Pad on Stairs
Plush Upgraded Carpet and Pad
Professional Window Treatments in all Rooms to include Hunter- Douglas Plantation Blinds in two bedrooms and Master Bath
Corian Counters in Kitchen and Master Bed Room
Upgraded Cabinets with Glass Doors in Kitchen
Super Size, 75 Gallon Hot Water Heater in Garage (only unit in Edgewater Park with this feature)
3 Decks off Kitchen and Upper Bed Room
Concrete Patio off Ground Floor Bed Room
Built in Ironing Board in Laundry
Built in Shelves in Garage for Storage
Large owners closet under first floor stairs (only unit in Edgewater Park with this feature)
Coolaroo Sun Shade and fan on the second floor deck
timed light switches at the front door, rear first floor bedroom and on the second floor deck
security/fire detection system & sprinklers
Security film installed on first floor bedroom sliding glass doors.
automatic garage doors
Ocean Block Condo
Furnished 2 Bedroom 1 Bath Ocean Block Condo in Patrician towers located on Olive Ave in Rehoboth Beach Delaware featuring a large private outdoor patio, rooftop pool and underground parking. Great rental history. $679,000
For additional info & photos take a look at the MLS listing page for #564721
Standard disclaimer applies : Price was current on the day of this post. If today is not August 24 2009 the price and availability of this home may have changed.
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