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$360,000

Beds
2
Baths
2.0
sq ft
1,060

35552 E Atlantic Cir Unit 112, Rehoboth Beach, DE 19971

35552 E Atlantic Cir Unit 112

REHOBOTH BEACH, DE 19971

  • 1 day on market
Welcome to the gated community of Sandpiper Village Condominiums. Discover Unit #112, a beautifully updated 2nd-floor condo offering 1,060 sq. ft. of inviting living space. Step out onto the private screened-in balcony, complete with an additional storage closet, perfect for outdoor relaxation or extra space. The interior boasts LVP flooring and fresh paint plus a brand new HVAC system, making this home truly turn-key and ready for move-in. The spacious primary suite features an en suite bath with dual vanities and a generous walk-in closet. The second bedroom, which also includes a walk-in closet, offers convenient private access to the full hallway bath. The open-concept layout seamlessly connects the living room, dining area, and galley kitchen, which is enhanced with sleek white cabinetry, updated hardware, Corian countertops, and new stainless-steel appliances. A laundry closet with shelving is strategically placed in the hallway for added storage convenience. Residents benefit from plentiful parking and have the option to join the nearby Bay Crossing pool, ideal for summer relaxation. This unit presents a versatile opportunity as a primary residence, a vacation retreat, or an investment property capable of generating up to $65,000 annually. Perfectly positioned just 4.5 miles from the shores of Lewes Beach and the vibrant Rehoboth Beach boardwalk, Sandpiper Village offers a prime location. Outdoor enthusiasts will love the proximity to the Wolfe Neck trailhead, granting easy access to the scenic biking and hiking trails of the State Park. The community is thoughtfully designed with security cameras for peace of mind and is near a variety of shops, restaurants, and a convenience store for everyday needs.

Details

Property type

Condominium

Est. home value

$264,408

Lot size

Unknown

Price per sq ft

$340

Year built

2003

Annual property taxes

$672

HOA

No

Price History

11/15/2024
Bright

Bright #DESU2074294

Listed
$360,000
+67.44%
03/01/2021
Bright

Bright #DESU169782

Sold
$215,000

Schools & Community

Elementary school: 

REHOBOTH

Middle school: 

BEACON

High school: 

CAPE HENLOPEN

School district: 

CAPE HENLOPEN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$83,681
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$247,519
Cash to seller
$83,681

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Usaa Federal Savings Bank

Loan start date

October 2023

Original loan amount

$250,000

Est. remaining balance

$247,519

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Jerry Lee Delair

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/16/2024 at 2:55 AM

Listing updated: 11/15/2024 at 10:04 AM

Listed by: Krystal Casey, Keller Williams Realty Phone #: (302) 360-0300

MLS: Bright #DESU2074294

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