38131 West Drive #727, Rehoboth Beach, DE 19971 - Photo 1

1/1

$625,000

Sold
Closed
Townhouse
2 Beds
2 Full Baths
1,400 Sq. Ft.

1/1

Property Description

Waterfront Oasis! This first-floor, two-bedroom, two-bathroom unit is in amazing condition with many upgrades. It is being sold mostly furnished and is a great turnkey investment or second home. Imagine sitting on the expansive fully furnished patio, with the view and sound of a water feature in the pond. The owner lovingly planted beautiful gardens which surround the 10 x 22 ft. fully-furnished patio area. There is even a gas fireplace for those cozy winter nights! The kitchen is simply stunning and includes a very long granite counter and seating for 4 - 6 people. All of the appliances in the unit are less than 3 years young. The laundry room also includes lots of shelving for your pantry/storage needs. The hike and bike trail can be accessed right outside your front door! The hardwood floors continue throughout the unit and are in pristine condition. There is even a storage closet for bikes and beach supplies. Weekly rentals are allowed in the community. The community pool is a big hit with residents and guests. The convenient location offers the ability to get to the beach in 5 minutes. Shopping and restaurants are within walking distance.

Full Property Details

Full Property Details for 38131 West Drive #727

General

Sold For: $625,000
HOA FEE: $340/month
HOA FEE FREQ.: Quarterly
Taxes: $1,408 (2023)
Status: Closed
Type: Townhouse
Source: BrightMLSMidAtlantic
MLS ID: DESU2062544
Added to Site: 640 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 2
Main - Full Baths: 2

Bedrooms

Total Bedrooms: 2
Bedrooms Main & Up: 2

Other Rooms

Laundry: Main Floor

Additional Information

Shared Pool: Yes
Pool: Yes

Parking

Assigned Spaces: 2
Parking Features: Assigned
Parking Type: On Street

Location

Area: Lewes Rehoboth Hundred (31009)
County: Sussex
Development Name: Spring Lake
Subdivision: Spring Lake
Building Name: NONE AVAILABLE
Driving Directions: From Coastal Highway turn into the Spring Lake Community. Take the first right-hand turn onto West Dr. Follow to unit 727 on the left.

School Information

School District: Cape Henlopen
Elementary School: Rehoboth
Middle School: Beacon
High School: Cape Henlopen

Community

Association: Yes
Assoc. Name: IPS INVESTMENT PROPERTY SERVICES
Pets Allowed: Yes
Pets: No Pet Restrictions

Heating & Cooling

Cooling Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Villa
Architectural Style: Villa
Structure Type: Interior Row/Townhouse
Construction: Combination
Foundation: Slab
Stories/Levels: 0
Stories Description: Main
Square Feet: 1,400
Sq. Ft. Source: Estimated
Living Area: 1,400 Sq. Ft.
Year Built: 2007
Year Built Source: Estimated

Lot Features

Property View: Pond
Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,657
Lot Size Source: Estimated
Lot Dimensions: 0.00 x 0.00
Lot Features: Backs to Trees, Private
Zoning: HR-2
Lot Description: Backs to Trees, Private

Water Features

Water View: Yes

Financial Considerations

Price Per Sq. Ft.: $460.71
Association Fee: $1,020
Assoc Fee Freq.: Quarterly
Assessment Year: 2023
School Tax: $1,281
County Tax: $129
County Tax Freq: Annually
Tax Amount: $1,408
Tax Year: 2023
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Condo: Yes

Listed by Compass, DENISE KARAS
Sold by Patterson-Schwartz - Greenville, Karl Law

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Listing agent

— 38131 West Drive #727 —

DENISE KARAS

Compass

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Schools

Schools serving 38131 West Drive #727

School District:Cape Henlopen School District

Name	Grades	Distance
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971	PK-6	0.4 mi
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968	5-8	12.8 mi
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958	8-12	5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38131 West Drive #727

Date

Details

Price

Change

Source

8/06/2024

Sold

$625,000

-3.1%

MLS

6/13/2024

Price Reduced

$645,000

-0.77%

MLS

5/22/2024

Listed

$650,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Sq. Ft.

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Beds
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Sq. Ft.

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38131 West Drive #727, Rehoboth Beach, DE 19971 (MLS# DESU2062544) is a Townhouse property that was sold at $625,000 on August 06, 2024. Want to learn more about 38131 West Drive #727? Do you have questions about finding other Townhouse 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.

38131 West Drive #727 Rehoboth Beach, DE 19971