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Backup Offers

38131 W Dr Unit 730, Rehoboth Beach, DE, 19971

$765,500

Home List Price

$9,090*

Closing Credit

3 Bedrooms
3 Full Baths
1,644 SqFt
$466/SqFt
Townhouse
Schools Nearby

Location

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38131 W Dr Unit 730, Rehoboth Beach$765,500

Buyer Closing Credits

$9,090*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingParking Lot
Year Built1989
HeatingForced Air
CoolingCentral Air
MLS #DESU2055662
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 38131 W Dr Unit 730

Discover your dream beach home in our 3-bedroom, 3-bathroom condo. Perched on the 2nd floor of a 2-story building, the condo offers stunning views of Spring Lake. The vaulted ceilings, abundant windows and skylights create a bright, open atmosphere. Fully renovated in 2023, enjoy new construction upgrades and fixtures. This home offers a community pool, 2 assigned parking spaces, and is just a stroll away from the beach. Tucked into the back of the Spring Lake Condominium complex, the property backs the Thompson Island Trail and Preserve, so your perpetual privacy is ensured.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,644 SqFt

Listing Office:

  • Office Name: REHOBOTH BAY REALTY, CO.
  • Office Phone: (302) 227-1232
  • Listing Agent: John E Redefer IV

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Please call listing agent with any questions

Price Information

Listing Price Info

Price Summary:

  • List Price: $765,500
  • Price Per SqFt: $466/SqFt

HOA Fees:

  • Amount: $1020
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,755
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$779.5K

Med. Price/SqFt

$336

Avg. Days On Market

31

# of Sold Homes

23

38131 W Dr Unit 730 vs Rehoboth Beach

115 DAYS ON ROCKET

+84 Days

$765,500

-$14K Less

$466/SqFt

+$130 More

KEY TAKEAWAY

This property is $14K less than the Median Sold Price and $130/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: #DESU2055662

Listing Office:

  • Office Name: REHOBOTH BAY REALTY, CO.
  • Office Phone: (302) 227-1232
  • Listing Agent: John E Redefer IV

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: 6/1/2024, 10:27:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,755$23,350
2020$1,749$30,500
2018$1,339$30,500
2017$1,283$30,500

History based on county public records data.

Payment Calculator

$4,228

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,362

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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.

Elementary School

school-card-donut-6772640
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.46 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6772641
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.34 miles

  • Public District Grades 4-8

High School

school-card-donut-6772642
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 5.02 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,716. Most Rehoboth Beach, DE residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38131 W Dr Unit 730

What is the listing price of this property?

The listing price of 38131 W Dr Unit 730 property is $765,500.

What type of property is this?

The property 38131 W Dr Unit 730 is a townhouse located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Accepting Backup Offers: 38131 W Dr Unit 730 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 38131 W Dr Unit 730 are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,755 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 38131 W Dr Unit 730 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 38131 W Dr Unit 730 is 1,644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38131 W Dr Unit 730 is 1989.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›38131 W Dr Unit 730

This home is located at 38131 W Dr Unit 730 in Rehoboth Beach, DE and zip code 19971. This 1,644 square foot home was built in 1989. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $765,500.

Over 4 listings were sold over their listed price in May 2024 in Rehoboth Beach, DE. In the same period over 14 listings were sold below the listed price and 5 listings were sold for the listed price. Between April 2024 and May 2024, Rehoboth Beach, DE real estate market has seen increase in the number of listings by 14.1%. Listings spent 31 days on the market in May 2024, and had a median list price of $779,500 during the same period.

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

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