$3,450,000
SOLD JUN 24, 2024

10 Columbia Ave Rehoboth Beach, DE 19971

3 Beds
3 Baths
1,800 Sq Ft
9,990 Sq Ft Lot

Recently Sold

$1,917 Per Sq Ft

12% Below List Price

250 Days on Market

Highlights

  • Guest House
  • Water Oriented
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Wood Flooring

About This Home

As of June 2024

Ocean block in the Pines! The quintessential coastal cottage awaits at 10 Columbia Avenue. Only a short distance from the soft sand and crashing waves, this home is perfectly positioned on a double lot close to everything Rehoboth Beach has to offer. Shaded by beautiful mature trees, this cottage was built in the 1920s and has been lovingly maintained by the same family since the 1940s. The picket fencing, stunning magnolias and hydrangeas, and spacious wrap-around screened porch add to the homes personality. Original hardwood floors, a wood-burning fireplace with a white brick surround, and unique trims and moldings decorate the main house, which consists of 3 bedrooms and 3 recently updated baths. The home's expansive screened porches supply the most generous spaces for gatherings, entertaining, or simply relaxing. Just steps from the main house, you will find a private guest house with 1 bedroom, half bath, outside shower, and full laundry. With a separate storage shed, several storage nooks, a partial basement, and floored attic, this property offers room to grow. This property has great potential and an excellent ocean block opportunity!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/05/2023

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Jack Lingo - Rehoboth

Last Buyer's Agent

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1920 | Remodeled in 2006

Lot Details

  • 9,990 Sq Ft Lot
  • Lot Dimensions are 99.83 x 100.00
  • Building is oceanfront but unit may not have water views
  • Picket Fence
  • Landscaped
  • Subdivision Possible
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 3 Parking Spaces

Home Design

  • Coastal Architecture
  • Cottage
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Window Screens

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Walk-Up Access
  • Rear Basement Entry

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Screened Patio
  • Shed
  • Outbuilding
  • Wrap Around Porch

Additional Homes

  • Guest House

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.09-161.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1920 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Marked with stickers by Seller
  • Inclusions: Being sold mostly furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Year Renovated: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Ocean block in the Pines! The quintessential coastal cottage awaits at 10 Columbia Avenue. Only a short distance from the soft sand and crashing waves, this home is perfectly positioned on a double lot close to everything Rehoboth Beach has to offer. Shaded by beautiful mature trees, this cottage was built in the 1920s and has been lovingly maintained by the same family since the 1940s. The picket fencing, stunning magnolias and hydrangeas, and spacious wrap-around screened porch add to the homes personality. Original hardwood floors, a wood-burning fireplace with a white brick surround, and unique trims and moldings decorate the main house, which consists of 3 bedrooms and 3 recently updated baths. The home's expansive screened porches supply the most generous spaces for gatherings, entertaining, or simply relaxing. Just steps from the main house, you will find a private guest house with 1 bedroom, half bath, outside shower, and full laundry. With a separate storage shed, several storage nooks, a partial basement, and floored attic, this property offers room to grow. This property has great potential and an excellent ocean block opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Exhaust Fan, Range Hood, Oven/Range - Electric, Refrigerator, Extra Refrigerator/Freezer, Icemaker, Dishwasher, Disposal, Dryer, Microwave, Washer, Water Heater, Trash Compactor
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Window Treatments
  • Window Features: Storm, Screens
  • Fireplace Features: Wood, Equipment, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial, Walkout Stairs, Rear Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 2055.56
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Guest House
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outbuilding(s), Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Picket
  • Lot Features: Landscaping, Road Frontage, Subdivision Possible
  • Lot Size Acres: 0.23
  • Lot Dimensions: 99.83 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9990.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened, Wrap Around
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1262.00
  • Assessor Parcel Number: 334-14.09-161.00
  • Close Date: 06/24/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 27, 2024
Sold by
Yates Family Trust and Walter Beverly Y
Bought by
Garrison Homes Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$3,900,000
Sold Price
$3,450,000
Premium/Discount to List
-$450,000
-11.54%
Total Days on Market
250
Views
830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.64%
Original Mortgage
$1,463,750
Outstanding Balance
$1,452,739
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$1,195,939

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 22, 2024
Sold by
Yates Family Trust and Walter Beverly Y
Bought by
Yates Family Trust and Walter
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$3,900,000
Sold Price
$3,450,000
Premium/Discount to List
-$450,000
-11.54%
Views
830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,463,750
Outstanding Balance
$1,452,739
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$1,195,939

Purchase Details

Closed on
Jun 6, 2011
Bought by
Yates Marvin J and Yates Gail W

Purchase Details

Closed on
Jun 3, 2011
Bought by
Yates Marvin J and Yates Gail W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,725,000 None Listed On Document
Deed -- None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,463,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $4,195,000 +21.6% $1,398 / Sq Ft
06/24/2024 06/24/24 Sold $3,450,000 -6.8% $1,917 / Sq Ft
04/27/2023 04/27/23 Price Changed $3,700,000 -5.1% $2,056 / Sq Ft
01/05/2023 01/05/23 For Sale $3,900,000 -- $2,167 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $616 $37,300 $25,000 $12,300
2023 $1,837 $37,300 $25,000 $12,300
2022 $1,773 $37,300 $25,000 $12,300
2021 $1,757 $37,300 $25,000 $12,300
2020 $1,751 $37,300 $25,000 $12,300
2019 $1,754 $37,300 $25,000 $12,300
2018 $1,638 $37,300 $0 $0
2017 $1,569 $37,300 $0 $0
2016 $1,490 $37,300 $0 $0
2015 $1,424 $37,300 $0 $0
2014 $1,413 $37,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2033904

Bright MLS

APN: 334-14.09-161.00