NOT LISTED FOR SALE

103 Chicago St Dewey Beach, DE 19971

Estimated Value: $508,000 - $1,522,000

3 Beds
2 Baths
-- Sq Ft
4,996 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $440,000

Est. 139% increase in value since last sale

Current estimated payment $5,720/month

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • No HOA
  • Rehoboth Elementary School Rated A
  • Furnished
  • Upgraded Countertops

About This Home

As of October 2018

This charming 3 bedroom 2 bath home has been kept in excellent shape by the loving owners. The kitchen has been updated with granite counter tops and ceramic tile flooring. There is an all season sunroom off of the formal dining room. Both bathrooms have ceramic tile floors, walls and shower stalls. There is a full unfinished basement with 3 sump pumps with battery back up. The nice size back yard is fenced in with a large patio for entertaining. The house comes fully furnished with just a few exceptions. One block to the beach. Land rent is $12,000- a year. The lease lasts until 2034. HVAC system is fairly new.

Last Agent to Sell the Property

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 10/04/2018

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Eileen O'Rourke

(860) 559-2211 eileenor@sbcglobal.net Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Lot Details

  • 4,996 Sq Ft Lot
  • Land Lease of $12,000 per year expires in 16 years
  • Ground Rent expires in 2,034 years

Home Design

  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Kitchen in Efficiency Studio
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot 134.00
  • Assessor Parcel Number 334-20.14-134.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Land Lease
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Remarks Public: This charming 3 bedroom 2 bath home has been kept in excellent shape by the loving owners. The kitchen has been updated with granite counter tops and ceramic tile flooring. There is an all season sunroom off of the formal dining room. Both bathrooms have ceramic tile floors, walls and shower stalls. There is a full unfinished basement with 3 sump pumps with battery back up. The nice size back yard is fenced in with a large patio for entertaining. The house comes fully furnished with just a few exceptions. One block to the beach. Land rent is $12,000- a year. The lease lasts until 2034. HVAC system is fairly new.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Efficiency, Primary Bath(s), Stall Shower, Upgraded Countertops, Window Treatments
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone, Sewer Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Lease Amount: 12000.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 16
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Zoning: Q
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 2034
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5204016
  • School Tax: 395.00
  • Tax Annual Amount: 439.00
  • Assessor Parcel Number: 334-20.14-134.00
  • Tax Lot: 134.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/29/2018

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
Dec 21, 2022
Sold by
Rehoboth By The Sea Realty Company
Bought by
Mohaghan Patrick J and Mohaghan Michelle A
Current Estimated Value
$1,050,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,056,000
Outstanding Balance
$1,023,221
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$27,494
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mohaghan Patrick J $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohaghan Patrick J $1,056,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $440,000 -2.2% --
10/11/2018 10/11/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $450,000 -- --
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 $1,785 $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 $2 $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: 1007827034

Bright MLS

APN: 334-20.14-134.00