NOT LISTED FOR SALE

103 Jersey St Dewey Beach, DE 19971

Estimated Value: $725,000 - $1,290,000

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

Last Sold December 14, 2018

Last sale price $492,500

Est. 95% increase in value since last sale

Current estimated payment $5,107/month

5 Days on Market

Highlights

  • Coastal Architecture
  • Wood Flooring
  • Beamed Ceilings
  • Rehoboth Elementary School Rated A
  • Upgraded Countertops
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of December 2018

Welcome to the Sea La Vie , this meticulously cared for 3 bed 2 bath cottage located in the coveted community known as Rehoboth By the Sea. 103 Jersey was used as a second home and as an investment property producing $30,000.00 in rental income. Having a new 60-year lease with 54 years remaining, this property will have no problem qualifying for financing. Whether you looking for an investment or a home at the beach, Sea La Vie offers a fantastic opportunity to all.

Last Agent to Sell the Property

John Redefer

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 10/10/2018

Co-Listed By

TJ Redefer

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co.

Last Buyer's Agent

John Redefer

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 10/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1960

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Land Lease of $16,628 per year expires in 54 years
  • Ground Rent expires in 54 years

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Cottage
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Partially Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 150 Amp Service
  • Public Septic

Community Details

  • Property has a Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot 112.00
  • Assessor Parcel Number 334-20.10-112.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1960

Lot Details

4,996 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Exclusions: * Kitchen bar, Master bedroom furniture, wall art.
  • Inclusions: * partially furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, Upgraded Countertops, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

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: Stick Built
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 150 Amps
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 16628.00
  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 54
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 54
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203358
  • School Tax: 395.00
  • Tax Annual Amount: 873.15
  • Assessor Parcel Number: 334-20.10-112.00
  • Tax Lot: 112.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $492,500 -1.5% --
10/15/2018 10/15/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $499,900 -- --
Source: Bright MLS

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 $789 $10,000 $10,000 $0
2020 $787 $10,000 $10,000 $0
2019 $346 $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: 1009909174

Bright MLS

APN: 334-20.10-112.00

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