Seller's Agent in 2023
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
3 in this area
109 Total Sales
11 Read Ave Unit 8 Dewey Beach, DE 19971
Estimated Value: $771,000 - $1,589,000
3
Beds
3.5
Baths
2,100
Sq Ft
$573/Sq Ft
Est. Value
Highlights
- Ocean View
- Water Oriented
- Gourmet Kitchen
- Rehoboth Elementary School Rated A
- Building is oceanfront but unit may not have water views
- 5-minute walk to John Waples Memorial Playground
About This Home
As of October 2023OCEAN BLOCK, updated 3BR, 3.5BA townhouse with ocean views and two car parking, large front deck for lounging & dining, and two rear balconies to watch and listen to the waves. All three bedrooms have an updated ensuite bath, kitchen has new cabinets and stainless-steel appliances plus a large quartz island.
The entire house now has Brazilian Cherry floors. Enjoy the two fireplaces in the colder months (one is in the primary bedroom). Storage for bikes and beach chairs and beach toys has been added behind the parking and of course there is an outdoor shower to rinse off as you come back from the beach. Once you park, walk or bike to all the fun activities at the beach. Sold mostly furnished so you can move right in.
Last Agent to Sell the Property
(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 09/08/2023
Co-Listed By
(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681
Last Buyer's Agent
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,496
Year Built
- Built in 1987 | Remodeled in 2012
Lot Details
- Building is oceanfront but unit may not have water views
- Property is in excellent condition
HOA Fees
- $613 Monthly HOA Fees
Home Design
- Coastal Architecture
- Slab Foundation
- Stick Built Home
Interior Spaces
- 2,100 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- 2 Fireplaces
- Window Treatments
- Living Room
- Dining Room
- Wood Flooring
- Ocean Views
Kitchen
- Gourmet Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Electric Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
Outdoor Features
- Water Oriented
- Property is near an ocean
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 334-20.18-198.00-8
Community Details
Overview
- Bluff Community
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Oct 24, 2023
Sold by
Karen S Jacoby Revocable Trust
Bought by
Clift Diana L
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,350,000
Premium/Discount to List
-$45,000
-3.23%
Views
31
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
-$146,667
Avg. Annual Appreciation
-5.84%
Original Mortgage
$1,000,000
Outstanding Balance
$981,459
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$221,874
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 |
|---|---|---|---|
| Clift Diana L | $1,350,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clift Diana L | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2023 10/24/23 | Sold | $1,350,000 | -3.2% | $643 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $1,395,000 | -- | $664 / 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 | $2,868 | $37,000 | $0 | $37,000 |
| 2024 | $2,352 | $37,000 | $0 | $37,000 |
| 2023 | $1,850 | $37,000 | $0 | $37,000 |
| 2022 | $1,779 | $37,000 | $0 | $37,000 |
| 2021 | $1,861 | $37,000 | $0 | $37,000 |
| 2020 | $1,854 | $37,000 | $0 | $37,000 |
| 2019 | $1,835 | $37,000 | $0 | $37,000 |
| 2018 | $1,411 | $41,250 | $0 | $0 |
| 2017 | $1,335 | $41,250 | $0 | $0 |
| 2016 | $1,176 | $41,250 | $0 | $0 |
| 2015 | $1,603 | $41,250 | $0 | $0 |
| 2014 | $1,591 | $41,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Mason
-
Shirley Kalvinsky
Seller Co-Listing Agent in 2023
Shirley Kalvinsky
Jack Lingo - Rehoboth
(302) 227-3883
2 in this area
77 Total Sales
-
Kim Hamer
Buyer's Agent in 2023
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
16 in this area
278 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2047428
APN: 334-20.18-198.00-8
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