Seller's Agent in 2025
DEBBIE REED
RE/MAX
(302) 227-3818
269 in this area
821 Total Sales
108 Philadelphia St Unit B Rehoboth Beach, DE 19971
6
Beds
4.5
Baths
4,000
Sq Ft
7,729
Sq Ft Lot
Highlights
- Water Oriented
- Deck
- Solid Hardwood Flooring
- Rehoboth Elementary School Rated A
- Traditional Architecture
- Main Floor Bedroom
About This Home
As of October 2025Discover this Rehoboth Beach gem with Old Rehoboth Style – 1 block from the Ocean! The perfect blend of historic charm and modern convenience awaits in this lovingly maintained and expanded 6-bedroom, 4.5-bath home, located just one block from the beach in South Rehoboth in the heart of downtown Rehoboth Beach. With 4,000 square feet of living space, this unique offering features two primary suites, making it ideal for large groups and multi-generational living. Nestled on a rare oversized 7,729-square-foot lot, this property boasts exceptional outdoor living spaces, including a spacious front porch, a private backyard, a deck with a hot tub, a sundeck off the primary suite, and two outdoor showers. Inside, enjoy multiple living areas and two staircases, ensuring room and privacy for all. Thoughtfully updated to preserve its original architectural details, the home radiates timeless appeal while offering modern amenities. Additional features include a basement, two sheds, and parking for up to six cars – an uncommon convenience in this prime location. Located steps from world-class dining, boutique shopping, the boardwalk, and amusements, this home offers excellent rental potential making it an exceptional investment opportunity.
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 11/23/2024
Co-Listed By
(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761
Last Buyer's Agent
(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,427
Year Built
- Built in 1927 | Remodeled in 2014
Lot Details
- 7,729 Sq Ft Lot
- Lot Dimensions are 53 x 164 x 50 x 144
- Downtown Location
- Property is zoned TN
Home Design
- Traditional Architecture
- Block Foundation
- Stick Built Home
Interior Spaces
- 4,000 Sq Ft Home
- Property has 3 Levels
- Skylights
- Family Room Off Kitchen
- Living Room
- Dining Room
- Den
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Solid Hardwood
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Crawl Space
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Gravel Driveway
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Deck
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.17-536.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2020
Sold by
Brey Patricia S
Bought by
Coleen Klasmeier Ret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Outstanding Balance
$883,187
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$721,902
Purchase Details
Closed on
Apr 29, 2019
Sold by
Brey Michael P and Brey Patricia S
Bought by
Brey Patricia S
Purchase Details
Closed on
Sep 15, 1999
Bought by
Brey Michael P Patricia S Brey
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,245,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $996,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $2,800,000 | -6.4% | $700 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $2,990,000 | -3.2% | $748 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $3,090,000 | -4.6% | $773 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $3,240,000 | -4.4% | $810 / Sq Ft |
| 11/23/2024 11/23/24 | For Sale | $3,390,000 | -- | $848 / 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 |
|---|---|---|---|---|
| 2025 | $4,394 | $16,950 | $5,750 | $11,200 |
| 2024 | $835 | $16,950 | $5,750 | $11,200 |
| 2023 | $835 | $16,950 | $5,750 | $11,200 |
| 2022 | $806 | $16,950 | $5,750 | $11,200 |
| 2021 | $798 | $16,950 | $5,750 | $11,200 |
| 2020 | $796 | $16,950 | $5,750 | $11,200 |
| 2019 | $797 | $16,950 | $5,750 | $11,200 |
| 2018 | $744 | $16,950 | $0 | $0 |
| 2017 | $713 | $16,950 | $0 | $0 |
| 2016 | $677 | $16,950 | $0 | $0 |
| 2015 | $647 | $16,950 | $0 | $0 |
| 2014 | $642 | $16,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
AMY WARICK
Seller Co-Listing Agent in 2025
AMY WARICK
RE/MAX
(302) 258-5442
46 in this area
96 Total Sales
-
Lee Ann Wilkinson
Buyer's Agent in 2025
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
224 in this area
1,871 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2074682
APN: 334-14.17-535.00
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