$490,000
SOLD JAN 6, 2017
2 Beds
1 Bath
1,000 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$490 Per Sq Ft

2% Below List Price

Highlights

  • Partially Wooded Lot
  • Sun or Florida Room
  • Cottage
  • Rehoboth Elementary School Rated A
  • No HOA
  • 2-minute walk to Rehoboth Canal Walk

About This Home

As of October 2018

In the City of Rehoboth Beach, this classic cottage is ready for your special touches. Renovate, Expand, or Replace with your Dream Home!

Last Agent to Sell the Property

Bill Cullin

(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 07/22/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1948

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50'x100'
  • Partially Wooded Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Sun or Florida Room
  • Partial Basement
  • Washer

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-205.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$761

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1948
  • Remarks Public: In the City of Rehoboth Beach, this classic cottage is ready for your special touches. Renovate, Expand, or Replace with your Dream Home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Kitchen - Galley
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Kitchen, Sun/Florida Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 499.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Asbestos, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50'X100'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194678
  • Tax Annual Amount: 761.00
  • Assessor Parcel Number: 334-13.20-205.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/06/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Oct 15, 2018
Sold by
Speedy Land Llc
Bought by
Alan Linwood Brayman Ret
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group-Rehoboth Beach
List Price
$1,379,500
Sold Price
$1,357,500
Premium/Discount to List
-$22,000
-1.59%
Current Estimated Value
$2,021,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,572
Avg. Annual Appreciation
4.32%

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jan 3, 2017
Sold by
Mennig Anita L and Heuer Bonnie K
Bought by
Speedy Land Llc
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.26%

Purchase Details

Closed on
Aug 2, 1988
Bought by
Mennig Anita L Bonnie K Heuer
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Deed $1,357,500 --
Deed $490,000 None Available
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $1,357,500 -1.6% $525 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $1,379,500 +181.5% $533 / Sq Ft
01/06/2017 01/06/17 Sold $490,000 -1.8% $490 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $499,000 -- $499 / 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
2025 $2,942 $10,600 $6,250 $4,350
2024 $1,893 $10,600 $6,250 $4,350
2023 $1,891 $10,600 $6,250 $4,350
2022 $1,825 $10,600 $6,250 $4,350
2021 $1,808 $10,600 $6,250 $4,350
2020 $1,803 $10,600 $6,250 $4,350
2019 $1,805 $10,600 $6,250 $4,350
2018 $1,686 $38,400 $0 $0
2017 $446 $10,600 $0 $0
2016 $423 $10,600 $0 $0
2015 $405 $10,600 $0 $0
2014 $402 $10,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001020026

Bright MLS

APN: 334-13.20-205.00