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$417,000
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Property Description
1BR, 1.5BA Spacious 1st Floor Rehoboth Beach Condo with new Stainless Kitchen Appliances, updated Bathrooms, new ceiling fans & floors. Located in beautiful Spring Lake w/ community pool & mature landscaping and trail to Thompson Island State Park & Rehoboth Bay. Just 5 blocks to the beach. Private covered patio is perfect for entertaining. Storage closet 4 bikes & beach stuff. Bring your friends - Sleeps 4 to 6. Great investment, Rents for $1300+/wk. 2023 rentals $20K. 2 assigned parking spaces.
Full Property Details
Full Property Details for 20796 East Dr #512
General
- Sold For: $417,000
- Taxes: $1,209 (2023)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2049896
- Added to Site: 955 day(s) ago
Interior
- Interior Features: Window Treatments, Tub Shower, Primary Bath(s), Kitchen - Galley, Kitchen - Eat-In, Floor Plan - Open, Family Room Off Kitchen, Entry Level Bedroom, Combination Kitchen/Living, Ceiling Fan(s), Breakfast Area
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood, Wood
- Appliances: Water Heater, Washer, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker
- Furnished: Yes
- Flooring: Laminate Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Main Floor
Additional Information
- Shared Amenities: Reserved/Assigned Parking, Pool - Outdoor, Common Grounds
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Exterior Lighting, Secure Storage, Play Equipment
- Porch/Patio/Deck: Patio(s)
Parking
- Assigned Spaces: 1
- Total Spaces: 8
- Parking Features: Assigned
- Parking Type: Parking Lot, Off Street
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: Spring Lake
- Subdivision: Spring Lake
- Building Name: NONE AVAILABLE
- Driving Directions: Rt 1 South of Lewes Rehoboth Canal (just North of Bin 66) Enter SPRING LAKE COMMUNITY on West side of RT 1 keep bearing left on East Drive, the Left just after the pool, 2nd Right past pool, , , , condo will be 1st floor unit on Right
- Location Details: Suburban
School Information
- School District: Cape Henlopen
Community
- Assoc. Fees Include: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Trash, Snow Removal, Insurance
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Septic
- Water: Public
- Utility Description: Cable TV, Electric Available, Phone Available
Structural Information
- Architectural Info: Coastal, Contemporary
- Architectural Style: Coastal, Contemporary
- Structure Type: Garden 1 - 4 Floors
- Construction: Stick Built, Wood Siding
- Roof: Architectural Shingle
- Common Walls: 2+ Common Walls, No One Below
- Walls/Ceilings: Dry Wall
- Windows: Sliding, Storm
- Doors: Sliding Glass, Insulated
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,122
- Sq. Ft. Source: Estimated
- Living Area: 1,122 Sq. Ft.
- Year Built: 1989
- Year Built Source: Estimated
- Property Condition: Excellent
Lot Features
- Property View: Scenic Vista, Garden/Lawn
- Lot Dimensions: 0.00 x 0.00
- Zoning: HR-2
Financial Considerations
- Price Per Sq. Ft.: $387.7
- Other Fee: $625
- Other Fee Freq.: Annually
- Assessment Year: 2023
- School Tax: $1,100
- County Tax: $110
- County Tax Freq: Annually
- Tax w/Assessment: $24,550
- Tax Amount: $1,209
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Personal Artwork
- Inclusions: All furnishings and furniture, ready to rent
Listed by Jack Lingo - Rehoboth, Lucius Webb
Sold by Compass, Dustin Oldfather and Compass, James Christian Schaffer
Get Pre-Approved Today
Schools
Schools serving 20796 East Dr #512
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 0.5 mi |
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968 | 5-8 | 13 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20796 East Dr #512
Date
Details
Price
Change
Source
12/28/2023
Sold
$417,000
-4.14%
MLS
12/02/2023
Price Reduced
$435,000
-1.96%
MLS
11/15/2023
Price Reduced
$443,700
-3.54%
MLS
10/30/2023
Price Reduced
$460,000
-6.12%
MLS
10/14/2023
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20796 East Drive #512, Rehoboth Beach, DE 19971 (MLS# DESU2049896) is a Condo property that was sold at $417,000 on December 28, 2023. Want to learn more about 20796 East Drive #512? Do you have questions about finding other Condo real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.

