20796 East Drive #516, Rehoboth Beach, DE 19971-1782 $459,900

Beds/Baths: 1/1.1
Interior Sq. Ft: 1,100
Acreage: 36.57
Age:36 years
Style:
Other
MLS#: DESU2073662
Subdivision: Spring Lake
Design/Type:
Unit/Flat/Apartment

Description

A price adjustment!! Welcome to Unit 516 in the highly sought after 5th phase of Spring Lake. This beautifully remodeled unit offers serene pond views and has been thoughtfully designed with modern finishes. The upgraded kitchen features quartz countertops, stainless steel appliances, and a stunning backsplash, making it a dream for any chef. Throughout the home, elegant shiplap accents add character and charm. Enjoy the tastefully remodeled bathrooms, plush new carpet, and a cozy wood-burning fireplace. The owners have also enhanced the outdoor space with ceiling coverings, ensuring year-round enjoyment without concerns about water seepage on the deck. Spring Lake is ideally located withing walking distance to the vibrant scenes of downtown Rehoboth and Dewey, as well as the beach. It features walking paths in the Thompson Island Preserve, and a community pool. Don't miss your chance to own this exceptional property! Now priced below the newly assessed value! Exceptional value for this beautifully remodeled condo!

Taxes: $1,210
Home Assoc: No
Condo Assoc: $1,461/Quarterly
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Cape Henlopen

Features

Water
Water Oriented: Yes; Water Front: No; Water Access: No; Water Body Type: Pond; Navigable: No;

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street, Parking Lot, Assigned Parking

Interior
Bar, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Carpet Flooring, Ceramic Tile Flooring, Wood Fireplace, Accessibility - Level Entry - Main

Exterior
Architectural Shingle Roof, Block Exterior, Cedar Exterior

Lot
Pond View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.44 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.75 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.53 mi

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This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Jack Lingo - Rehoboth , (302) 227-3883

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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/24/2024.

20796 East Drive #516, Rehoboth Beach, DE 19971-1782

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.