$555,000
SOLD OCT 31, 2025

109 Truitt Ave Rehoboth Beach, DE 19971

4 Beds
3 Baths
2,116 Sq Ft
0.29 Acres

Recently Sold

$262 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Coastal Architecture
  • Wood Flooring
  • No HOA
  • Rehoboth Elementary School Rated A
  • Furnished
  • Family Room Off Kitchen

About This Home

As of October 2025

Turnkey Rental Investment Opportunity – Proven Income Producer! With up to $85,000 in proven annual rental income, this fully furnished 4-bedroom, 3-bath home is a smart investment opportunity just minutes from the beaches, shops, and restaurants. Located in a community with no HOA or rental restrictions, this property is an ideal choice for investors. Inside, you’ll find updated bathrooms and spacious bedrooms. The home is turnkey and comes fully furnished, so it’s ready to start generating income immediately. Outside, take advantage of a fully fenced-in yard, perfect for entertaining, pets, or relaxing in privacy. With modern upgrades and a strong rental track record, this property offers exceptional value and income potential. Schedule your showing today and take advantage of this one-of-a-kind property!

Last Agent to Sell the Property

KAREN MAULL

(302) 227-3883 rentals@jacklingo.com Jack Lingo - Lewes License #RS-0021932 Listed on: 09/12/2025

Jack Lingo - Lewes

Last Buyer's Agent

LESLIE SAVAGE

(302) 381-4034 leslie@jacklingo.com Jack Lingo - Lewes License #RS-0017901

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 122.00 x 107.00
  • Property is Fully Fenced
  • Property is zoned MR

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction

Interior Spaces

  • 2,116 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Non-Functioning Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Truitts Midway Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 334-12.00-159.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Furnishings Included
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/12/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Oven/Range - Electric, Exhaust Fan, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Recessed Lighting, Wood Floors
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2116
  • Living Area Sq Ft: 2116
  • Price Per Sq Ft: 273.63
  • Above Grade Finished Sq Ft: 2116
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Unknown
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.29
  • Lot Dimensions: 122.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.00
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 733.00
  • Tax Annual Amount: 816.00
  • Assessor Parcel Number: 334-12.00-159.00
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2025
Closed on
Oct 31, 2025
Sold by
Coastal Magnolia Llc
Bought by
Lomas Dale Jeffrey
Seller's Agent
KAREN MAULL
Jack Lingo - Lewes
Buyer's Agent
LESLIE SAVAGE
Jack Lingo - Lewes
List Price
$579,000
Sold Price
$555,000
Premium/Discount to List
-$24,000
-4.15%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$416,250
Outstanding Balance
$416,250
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Estimated Equity
$145,294

Purchase Details

Closed on
Feb 19, 2024
Sold by
Smith Cody N and Smith Staci L
Bought by
Coastal Magnolia Llc

Purchase Details

Closed on
Jan 10, 2022
Sold by
Coastal Magnolia Llc
Bought by
Smith Cody N and Smith Staci L

Purchase Details

Closed on
Aug 5, 2021
Sold by
Evelyn M Wiley Ret
Bought by
Coastal Magnolia Llc

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 26, 2021
Sold by
Negoita Adina and Andronche Oana
Bought by
Evelyn M Willey Ret
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Vid Lopez
RE/MAX Associates
List Price
$344,900
Sold Price
$355,000
Premium/Discount to List
$10,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Listed on
Sep 22, 2014
Closed on
Dec 31, 2015
Sold by
Lafond Margaret Q
Bought by
Negoita Adina and Andronache Oana
Seller's Agent
John Rishko
Patterson-Schwartz-Rehoboth
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$222,000
Sold Price
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$210,900
Interest Rate
3.97%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Sep 1, 2000
Bought by
Lafond William A and Lafond Margaret Q
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $555,000 None Listed On Document
Deed -- None Listed On Document
Deed -- Baird Mandalas Brockstedt Llc
Deed -- None Available
Deed $355,000 None Available
Deed $222,000 None Available
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,250 Credit Line Revolving
Previous Owner $210,900 Second Mortgage Made To Cover Down Payment
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $555,000 -4.1% $262 / Sq Ft
09/17/2025 09/17/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $579,000 +63.1% $274 / Sq Ft
05/26/2021 05/26/21 Sold $355,000 +2.9% $210 / Sq Ft View Prior Sale
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $344,900 0.0% $204 / Sq Ft
04/29/2021 04/29/21 Price Changed $344,900 +55.4% $204 / Sq Ft
12/31/2015 12/31/15 Sold $222,000 0.0% $165 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $222,000 -- $165 / 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 $816 $17,200 $3,100 $14,100
2024 $848 $17,200 $3,100 $14,100
2023 $847 $17,200 $3,100 $14,100
2022 $818 $17,200 $3,100 $14,100
2021 $810 $17,200 $3,100 $14,100
2020 $808 $17,200 $3,100 $14,100
2019 $809 $17,200 $3,100 $14,100
2018 $755 $17,200 $0 $0
2017 $723 $17,200 $0 $0
2016 $603 $15,100 $0 $0
2015 $347 $15,100 $0 $0
2014 $340 $15,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2096304

Bright MLS

APN: 334-12.00-159.00