NOT LISTED FOR SALE

101 West St Dewey Beach, DE 19971

Estimated Value: $242,517 - $1,343,000

3 Beds
2 Baths
1,200 Sq Ft
$831/Sq Ft Est. Value

Last Sold November 11, 2016

Last sale price $139,900 $117 Per Sq Ft

Est. 613% increase in value since last sale

Current estimated payment $5,568/month

Highlights

  • Coastal Architecture
  • Wood Burning Stove
  • Furnished
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2016

Very rare cottage style offers a unique split floor plan with a large indoor/outdoor screen porch in the center of the cottage which makes this the perfect beach house. The north side of the cottage has a comfortable living space with wood burning FP, galley kitchen, dining area, and the master bedroom and bath. The south side offers 2 bedrooms and a bath, but in the center of the cottage is the huge screen porch. The family has loved this cottage by the sea for almost 50 years. It is offered today to cash buyers willing to buy the cottage in its current "As Is" condition. The current land lease will expire 3/27/24. At this time there is no option for a new land lease. If you want a low cost way to own a beach house for the next 7 summers this is it!

Last Agent to Sell the Property

TJ Redefer

(302) 227-1232 tj@rehobothbayrealty.com Rehoboth Bay Realty, Co. Listed on: 08/08/2016

Last Buyer's Agent

Alison Bailey

(302) 236-0286 myagentbailey@gmail.com NextHome Tomorrow Realty License #RS-0017570

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1962

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Ground Rent of $807 per year expires in 8 years
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Bungalow
  • Flat Roof Shape
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-113.00-L7181

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,349

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1962
  • Remarks Public: Very rare cottage style offers a unique split floor plan with a large indoor/outdoor screen porch in the center of the cottage which makes this the perfect beach house. The north side of the cottage has a comfortable living space with wood burning FP, galley kitchen, dining area, and the master bedroom and bath. The south side offers 2 bedrooms and a bath, but in the center of the cottage is the huge screen porch. The family has loved this cottage by the sea for almost 50 years. It is offered today to cash buyers willing to buy the cottage in its current "As Is" condition. The current land lease will expire 3/27/24. At this time there is no option for a new land lease. If you want a low cost way to own a beach house for the next 7 summers this is it!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Flooring Type: Hardwood, Vinyl
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Net Sq Ft: 1200.00
  • Price Per Sq Ft: 116.58
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Wood Burn Stove, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • 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 Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning Description: TOWN CODES

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 807.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 8
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203981
  • Assessor Parcel Number: 334-20.14-113.00-L7181
  • County Tax Payment Frequency: Annually
  • Close Date: 11/11/2016

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2022
Sold by
Mclaughlin James L
Bought by
James L Mclaughlin Revocable Trust
Current Estimated Value
$997,629

Purchase Details

Closed on
Mar 30, 2016
Sold by
Rehoboth By The Sea Realty Company
Bought by
Mclaughlin Dawn M and Mclaughlin James L
Source: Public Records

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 Buyer Sale Price Title Company
James L Mclaughlin Revocable Trust -- Erhart William W
James L Mclaughlin Revocable Trust -- None Listed On Document
Mclaughlin Dawn M $700,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2016 11/11/16 Sold $139,900 0.0% $117 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $139,900 -- $117 / 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 $3,349 $10,000 $10,000 $0
2024 $811 $10,000 $10,000 $0
2023 $811 $10,000 $10,000 $0
2022 $794 $10,000 $10,000 $0
2021 $789 $10,000 $10,000 $0
2020 $787 $10,000 $10,000 $0
2019 $766 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $435 $10,000 $0 $0
2015 $417 $10,000 $0 $0
2014 $414 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001214182

Bright MLS

APN: 334-20.14-113.00