2 Virginia Avenue, Unit 526
2 Virginia Avenue, Unit 526
$650,000
2
2
1,320
1,320
$492
Closed 7/10/20
Description
All of the Edgewater House condominiums offer direct ocean views from the main living area and the balcony. And the two bedrooms in this condo have views of the pool, which is open from Memorial Day through Labor Day. This particular Unit has been in the same family ownership for nearly 25 years, and has been used mostly by family & friends; however, the Edgewater House commands rates from approximately +$3k/week in the peak season, $2k in the shoulder season, and approximately $1.2k in the off season...All of the Edgewater House condominiums offer direct ocean views from the main living area and the balcony. And the two bedrooms in this condo have views of the pool, which is open from Memorial Day through Labor Day. This particular Unit has been in the same family ownership for nearly 25 years, and has been used mostly by family & friends; however, the Edgewater House commands rates from approximately +$3k/week in the peak season, $2k in the shoulder season, and approximately $1.2k in the off season for the two-bedroom condos, so this could be an excellent investment property! Unit #526 still has some of the original 1966 vintage touches such as the "bamboo" trim accents & the knotty pine walls. This Unit is a two-story condo with the main entryway foyer off of the 5th floor. The second bedroom is on this level, too. It has an en suite bath with a full-size tiled shower. It also features an entire "wall" of closet & storage space, and sliding glass doors out to a narrow balcony area where you can hang your towels to dry after a day on the beach or at the pool. The stairs from the 5th floor, which have closet storage and built-in bookshelves, lead down to the main living area. You'll find the first bedroom down here. It has a similar layout to bedroom #2 upstairs, but the en suite bath has a tub/shower combo and a linen closet, but the large closet is to the right as you enter the bedroom. The L-shaped kitchen has a pantry, fridge, dishwasher, disposal, and an electric range with range hood. There's extra countertop & cabinet space in this Unit on the back wall of the hall's utility closet space. The kitchen adjoins a spacious dining area. And the dining area opens to the large living room, which has panoramic views of the ocean. The living room's oversized sliding glass doors lead out to your 8'x14' ocean-front balcony where you can relax & watch the waves or the passers-by on the boardwalk below. The living room also has a Murphy bed for your overflow guests. Furnished and "Turn Key". Community, coin-operated laundry in the building's basement. Bike storage area in the basement, too (Unit Owners may store beach chairs here, but Renters cannot). Condo fees include one assigned parking space, and 2 City of Rehoboth-issued parking permits for non-metered spaces as part of your City taxes. Condo dues also include the pool, hot & cold water, sewer, WiFi, and 2x/yr maintenance on the AC mechanicals in the Unit. Edgewater House is a completely non-smoking building Pets, up to 3, are only permitted for Unit Owners, not for Renters No rentals of less than 3 days
- Listed by LINDA BOVA • SEA BOVA ASSOCIATES INC.P: 3025424197 realestate@seabova.com
- Listed by BRIDGET BAUER • SEA BOVA ASSOCIATES INC.P: 3022271222 bridget@seabova.com
Property Details for 2 Virginia Avenue, Unit 526
Tax ID Number
334-14.14-23.00-526
OwnershipCondominium
Condo Coop AssociationYes
HOANo
Entry Floor Number5
Structure TypePenthouse Unit/Flat/Apartment
StyleSplit Level, Traditional
Levels/Stories2
Location
LISTING UPDATED: 08/17/2022 01:05 PM
Property Details for 2 Virginia Avenue, Unit 526
Status | Closed |
---|---|
MLS # | DESU149780 |
Days on Market | 217 |
Taxes | $1,592 / year |
HOA Fees | - |
Condo/Co-op Fees | $3,160 / quarter |
Compass Type | Condo |
MLS Type | Residential / Condo |
Year Built | 1966 |
County | Sussex County |
Location
Building Information for 2 Virginia Avenue, Unit 526
Building/ComplexEdgewater HouseFloor-Stories2Residences54Pet Policy-Year Built1966
Payment Calculator
$4,733 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2 Virginia Avenue, Unit 526
Property History for 2 Virginia Avenue, Unit 526
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2 Virginia Avenue, Unit 526
Taxable ValueLand-Additions$21,150Total-
Tax Record2023$1,280 ($107 / month)
Home Facts
Beds0StyleCondominiumZoningTNCountySUSSEXAPN334-14.14-23.00-526
Schools near 2 Virginia Avenue, Unit 526
This home is within Cape Henlopen School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Rehoboth Elementary School PublicK to 5 | ||
Mariner Middle School Public6 to 8 | ||
Cape Henlopen High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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