NOT LISTED FOR SALE

109 Columbia Ave Rehoboth Beach, DE 19971

Estimated Value: $2,693,860 - $3,600,000

5 Beds
5.5 Baths
3,200 Sq Ft
$945/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,000,000 $625 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $16,463/month

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Commercial Range
  • 3-minute walk to Deer Park

About This Home

As of May 2021

Custom-built Coastal 5 bedroom, 5.5 bath beach house with high-end finishes and gracious, welcoming wrap-around front porch. Home is offered turnkey, beautifully furnished, and decorated. Centrally located and walking distance to the beach and everything downtown Rehoboth offers! Open concept floor-plan with granite counters, stainless steel Bosch appliances, gas fireplace, and 1st-floor master. Upstairs you will find a spacious master suite with ensuite bath, fireplace, and two closets plus 3 additional bedrooms and baths. Exterior features include a fantastic wrap-around porch, low-maintenance exterior materials (James Hardie Siding, Andersen 400 Series), outdoor shower, deck, and professionally landscaped, fenced lot with 3 car parking. You can not duplicate a home this size under current zoning regulations in Downtown Rehoboth. 100K+ rental potential with 60K+ in rentals booked already for the season!

Last Agent to Sell the Property

Michael Reamy

(202) 236-3229 michael.reamy@oasir.net Monument Sotheby's International Realty License #RS-0024767 Listed on: 09/30/2018

Monument Sotheby's International Realty

Last Buyer's Agent

Jamie Coleman

(302) 344-7158 jcoleman@psre.com Patterson Schwartz - Rehoboth

Patterson Schwartz - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 2007

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Downtown Location
  • South Facing Home
  • Picket Fence
  • Vinyl Fence
  • Landscaped
  • Extensive Hardscape
  • Property is in very good condition

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Combination Kitchen and Living
  • Wood Flooring
  • Views of Woods
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Range Hood
  • Built-In Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • Brick Driveway
  • Off-Street Parking

Accessible Home Design

  • Halls are 36 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Construction

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Wrap Around Porch

Schools

  • Rehoboth Elementary School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Oak Construction
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 96.00
  • Assessor Parcel Number 334-14.13-96.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Inclusions: Furnishings included
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2018-09-30
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Custom-built Coastal 5 bedroom, 5.5 bath beach house with high-end finishes and gracious, welcoming wrap-around front porch. Home is offered turnkey, beautifully furnished, and decorated. Centrally located and walking distance to the beach and everything downtown Rehoboth offers! Open concept floor-plan with granite counters, stainless steel Bosch appliances, gas fireplace, and 1st-floor master. Upstairs you will find a spacious master suite with ensuite bath, fireplace, and two closets plus 3 additional bedrooms and baths. Exterior features include a fantastic wrap-around porch, low-maintenance exterior materials (James Hardie Siding, Andersen 400 Series), outdoor shower, deck, and professionally landscaped, fenced lot with 3 car parking. You can not duplicate a home this size under current zoning regulations in Downtown Rehoboth. 100K+ rental potential with 60K+ in rentals booked already for the season!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Oven/Range - Gas, Range Hood, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet
  • Window Features: Energy Efficient, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 12
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 655.94
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Sidewalks, Secure Storage, Outside Shower
  • Road Surface Type: Concrete
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • 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: 2
  • Parking Features: Brick Driveway
  • Type Of Parking: Off Street

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Gas Prev12 Months: 1474.00
  • Heating Fuel: Propane - Leased
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN

Green Features

  • Efficiency: Appliances, Construction
  • Clean Green Assessed: No
  • R Factor Ceilings: R-30
  • R Factor Ext Walls: R-19

Lot Info

  • Fencing: Picket, Vinyl
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Very Good
  • Zoning: Q
  • In City Limits: Yes

Building Info

  • Builder Name: Oak Construction

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 100000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5195955
  • School Tax: 1882.00
  • Tax Annual Amount: 2498.00
  • Assessor Parcel Number: 334-14.13-96.00
  • Tax Lot: 96.00
  • Tax Total Finished Sq Ft: 1302
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/12/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Mulvaney Sean Robert and Mulvaney Susan Spencer
Bought by
K & R Beach Retreat Llc
Current Estimated Value
$3,023,953

Purchase Details

Listed on
Sep 30, 2018
Closed on
May 12, 2021
Sold by
C3 Of Delaware Llc
Bought by
Mulvaney Sean R and Spencer-Mulvaney Susan
Seller's Agent
Michael Reamy
Monument Sotheby's International Realty
Buyer's Agent
Jamie Coleman
Patterson Schwartz - Rehoboth
List Price
$1,825,000
Sold Price
$2,000,000
Premium/Discount to List
$175,000
9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jun 17, 2019
Sold by
Genevish Bernard
Bought by
C3 Of Delaware Llc
Source: Public Records

Range of Values:

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List Price
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
K & R Beach Retreat Llc -- None Listed On Document
K & R Beach Retreat Llc -- None Listed On Document
Mulvaney Sean R $2,000,000 None Available
C3 Of Delaware Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $2,000,000 -4.7% $625 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $2,099,000 +9.0% $656 / Sq Ft
02/19/2021 02/19/21 Price Changed $1,925,000 +7.0% $602 / Sq Ft
06/07/2019 06/07/19 Price Changed $1,799,000 -1.4% $562 / Sq Ft
09/30/2018 09/30/18 For Sale $1,825,000 -- $570 / Sq Ft
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 $5,172 $47,700 $9,200 $38,500
2024 $2,351 $47,700 $9,200 $38,500
2023 $2,349 $47,700 $9,200 $38,500
2022 $2,267 $47,700 $9,200 $38,500
2021 $2,246 $47,700 $9,200 $38,500
2020 $2,239 $47,700 $9,200 $38,500
2019 $2,222 $47,700 $9,200 $38,500
2018 $2,095 $47,700 $0 $0
2017 $2,006 $47,700 $0 $0
2016 $1,905 $47,700 $0 $0
2015 $1,821 $47,700 $0 $0
2014 $1,807 $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007541352

Bright MLS

APN: 334-14.13-96.00