107 Truitt Ave Rehoboth Beach, DE 19971
Estimated Value: $373,104
3
Beds
1.5
Baths
2,100
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Saltbox Architecture
- Attic
- No HOA
- Rehoboth Elementary School Rated A
- Corner Lot
- Breakfast Room
About This Home
As of September 2023Price Reduction! Introducing 107 Truitt Ave Rehoboth Beach, Delaware - Affordable Beach Living
A unique property within Truitt’s Midway, on a large corner lot, previously the home of Rehoboth Beach Film Society. This 3 bedroom and 2 bathroom home, with large screened porch, is reportedly an historic Fishermans house that was moved to this location from Dewey Beach or Rehoboth Beach? As you walk in the front door, you are greeted by an enclosed front porch, the entire length of the home. The living room with fireplace opens to the dining room and, to the left, is the kitchen, To the right of the living room is a large room that could be isolated and turned into a one room rental for extra income as it has it’s own door or a first floor primary bedroom. Upstairs you will find three bedrooms and one bathroom. Outside, there is a large driveway ready for an RV or boat as well as 3-4 cars. Also, enjoy a garage/shed for storing all your toys or make it into a work room. No HOA fees, a new roof in 2018 with an approved well water quality report from Envirocorp in May, only add to the value of this cottage. Age of home is unknown. Installation of well, well depth and well location unknown
Tucked off of Rt. 1 in a small and quiet community and only a few miles to both Rehoboth Beach and Lewes, this home, conveyed “as is” and zoned residential, is ready for your touch to restore it to it’s glory days!
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0025033 Listed on: 06/29/2023
Last Buyer's Agent
Monument Sotheby's International Realty License #RS-0025033 Listed on: 06/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $846
Year Built
- 1492
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 106.00 x 100.00
- Landscaped
- Corner Lot
- Property is in average condition
- Property is zoned MR
Home Design
- Saltbox Architecture
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Aluminum Siding
- Stick Built Home
Interior Spaces
- 2,100 Sq Ft Home
- Property has 2 Levels
- Wood Burning Fireplace
- Window Screens
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Crawl Space
- Storm Windows
- Attic
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Enclosed patio or porch
- Outbuilding
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Truitts Midway Subdivision
Listing and Financial Details
- Tax Lot 42
- Assessor Parcel Number 334-12.00-146.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Sep 8, 2023
Sold by
Rehoboth Beach Film Society
Bought by
Gamuciello William A and Gamuciello Lisa M
Seller's Agent
Carol Ann Pala
Monument Sotheby's International Realty
Buyer's Agent
Carol Ann Pala
Monument Sotheby's International Realty
List Price
$475,000
Sold Price
$360,000
Premium/Discount to List
-$115,000
-24.21%
Views
585
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,104
Avg. Annual Appreciation
2.01%
Original Mortgage
$288,000
Outstanding Balance
$282,551
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$90,496
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gamuciello William A | $360,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gamuciello William A | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $360,000 | -15.3% | $171 / Sq Ft |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | Price Changed | $425,000 | -10.5% | $202 / Sq Ft |
| 06/29/2023 06/29/23 | For Sale | $475,000 | -- | $226 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $877 | $17,800 | $3,150 | $14,650 |
| 2023 | $877 | $17,800 | $3,150 | $14,650 |
| 2022 | $846 | $17,800 | $3,150 | $14,650 |
| 2021 | $838 | $17,800 | $3,150 | $14,650 |
| 2020 | $836 | $17,800 | $3,150 | $14,650 |
| 2019 | $837 | $17,800 | $3,150 | $14,650 |
| 2018 | $782 | $17,800 | $0 | $0 |
| 2017 | $749 | $17,800 | $0 | $0 |
| 2016 | -- | $17,800 | $0 | $0 |
| 2015 | -- | $17,800 | $0 | $0 |
| 2014 | -- | $17,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Ann Pala
Seller's Agent in 2023
Carol Ann Pala
OCEAN ATLANTIC SOTHEBYS
(302) 312-1794
16 in this area
42 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2040932
APN: 334-12.00-146.01
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