NOT LISTED FOR SALE

105 Carolina St Unit A Dewey Beach, DE 19971

Estimated Value: $821,000 - $1,678,000

3 Beds
1.5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $1,140,000

Est. 10% increase in value since last sale

Current estimated payment $6,941/month

21 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Sun or Florida Room

About This Home

As of August 2023

Dewey Beach! Location, location, location! Located in the highly sought after community of Rehoboth By The Sea, this home is located only 11 homes from the Atlantic Ocean. This is a Rehoboth By The Sea leased land property. The very rare re negotiated lease has 26 years remaining and is only $5,219 PER YEAR. Minute lease increases are every five years and are based off of the CPI index thus making the increase very, very affordable.. The present home boasts the pine board walls (very good condition) and hardwood and tile throughout. Recently negotiated leases are typically 3X the annual rent and include a 3.5% annual increase. Renovate this charming little home like many owners have done to their adorable cottages from yesteryear or make plans to built the home of your dreams. Due to the location and the affordable lease from yesteryear this property won't last long. Please call for a private tour, you'll be glad that you did!!

Last Agent to Sell the Property

JOSEPH CHOMA

Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 06/27/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

John Redefer

Rehoboth Bay Realty, Co. License #RB-0031187

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1970

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts navigable water
  • Land Lease expires in 26 years
  • Property is in excellent condition
  • Property is zoned TOWN

Home Design

  • Coastal Architecture
  • Asphalt Roof
  • Stick Built Home
  • Tile

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Wood Burning Fireplace
  • Family Room
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 5
  • Assessor Parcel Number 334-20.10-88.00-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Ownership: Land Lease
  • Exclusions: personal items
  • Inclusions: fully furnished as viewed
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Tile/Brick, Vinyl
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Half Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Tile, Block
  • Roof: Asphalt
  • Water Access: Yes
  • 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
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • High School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • High School: CAPE HENLOPEN

Lot Info

  • Land Lease Amt Freq: Annually
  • Land Lease Years Remaining: 26
  • Land Use Code: 999
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TOWN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 426.00
  • Tax Annual Amount: 580.00
  • Assessor Parcel Number: 334-20.10-88.00-A
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/17/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 1990
Bought by
Mehrangiz Harshbarger C and Mehrangiz Kh
Current Estimated Value
$1,249,500
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
Mehrangiz Harshbarger C $142,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $1,140,000 -12.3% --
06/27/2023 06/27/23 For Sale $1,300,000 -- --
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
2024 $488 $9,900 $0 $9,900
2023 $488 $9,900 $0 $9,900
2022 $471 $9,900 $0 $9,900
2021 $466 $9,900 $0 $9,900
2020 $465 $9,900 $0 $9,900
2019 $465 $9,900 $0 $9,900
2018 $435 $9,900 $0 $0
2017 $416 $9,900 $0 $0
2016 $395 $9,900 $0 $0
2015 $378 $9,900 $0 $0
2014 $375 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH CHOMA

    Seller's Agent in 2023

    JOSEPH CHOMA

    BHHS PenFed (actual)

    (302) 381-5602

    17 in this area

    40 Total Sales

    JOSEPH CHOMA
    Section Image
  • John Redefer

    Buyer's Agent in 2023

    John Redefer

    Rehoboth Bay Realty, Co.

    (302) 542-0375

    27 in this area

    69 Total Sales

    John Redefer
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2043278

Bright MLS

APN: 334-20.10-88.00-A

Delaware Sussex County Dewey Beach 19971

105 Carolina St Unit A, Dewey Beach, DE

This home is located at 105 Carolina St Unit A, Dewey Beach, DE 19971 since 27 June 2023 and is currently estimated at $1,249,500. This property was built in 1970. 105 Carolina St Unit A is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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