NOT LISTED FOR SALE

109 New Castle St Rehoboth Beach, DE 19971

Estimated Value: $505,336 - $3,083,000

3 Beds
2 Baths
900 Sq Ft
$2,095/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $1,175,000 $1,306 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,170/month

24 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Central Air
  • Rehoboth Elementary School Rated A
  • Bungalow
  • 3-minute walk to Stockley Street Park

About This Home

As of February 2017

Rare opportunity to be in the second ocean block of New Castle Street in the heart of Rehoboth Beach! Enjoy being within sight of the ocean and boardwalk and just several blocks to Rehoboth Avenue with its abundance of shops and restaurants. Enjoy this quintessential Rehoboth cottage with 3 bedrooms (including a coveted year round sleeping porch), 2 baths or renovate/build to your desired standards. Partial basement for storage and plenty of off street parking.

Last Agent to Sell the Property

Marilynn Kuebler

Monument Sotheby's International Realty License #RS-0017650 Listed on: 11/22/2016

Monument Sotheby's International Realty

Last Buyer's Agent

CHRISTY DORMAN

RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1941

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Detached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-606

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1941
  • Remarks Public: Rare opportunity to be in the second ocean block of New Castle Street in the heart of Rehoboth Beach! Enjoy being within sight of the ocean and boardwalk and just several blocks to Rehoboth Avenue with its abundance of shops and restaurants. Enjoy this quintessential Rehoboth cottage with 3 bedrooms (including a coveted year round sleeping porch), 2 baths or renovate/build to your desired standards. Partial basement for storage and plenty of off street parking.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial, Interior Access
  • Living Area Units: Square Feet
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Net Sq Ft: 900.00
  • Price Per Sq Ft: 1427.78
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1125.00
  • Assessor Parcel Number: 334-14.17-606
  • County Tax Payment Frequency: Annually
  • Close Date: 02/17/2017

Multi Family

  • Income Expense List: Total Tax Bill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Connolley James E and Mason Christopher S
Bought by
Mascon Properties Llc
Total Days on Market
24
Current Estimated Value
$1,885,112

Purchase Details

Closed on
Feb 14, 2020
Sold by
Mascon Properties Llc
Bought by
Connolley James E and Mason Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,358,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2016
Sold by
Rev Trust Agreement Of Henry M Dunham Da
Bought by
Dunham Heuberger Barbara

Purchase Details

Closed on
Jan 7, 1997
Bought by
Dunham Jean K Dunham (Trustees)
Source: Public Records

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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
Mascon Properties Llc -- None Available
Connolley James E -- None Available
Dunham Heuberger Barbara -- None Available
Dunham Jean K Dunham (Trustees) -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connolley James E $1,358,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $1,175,000 -8.6% $1,306 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $1,285,000 -- $1,428 / 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
2024 $1,996 $15,650 $9,400 $6,250
2023 $1,994 $15,650 $9,400 $6,250
2022 $1,925 $15,650 $9,400 $6,250
2021 $1,907 $15,650 $9,400 $6,250
2020 $1,901 $15,650 $9,400 $6,250
2019 $1,904 $15,650 $9,400 $6,250
2018 $1,779 $40,500 $0 $0
2017 $658 $15,650 $0 $0
2016 $625 $15,650 $0 $0
2015 $597 $15,650 $0 $0
2014 $593 $15,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001024378

Bright MLS

APN: 334-14.17-606.00