NOT LISTED FOR SALE

11 Read Ave Unit 8 Dewey Beach, DE 19971

Dewey Beach Area

Estimated Value: $1,495,434

3 Beds
3.5 Baths
2,100 Sq Ft
$712/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2023

Last sale price $1,350,000 $643 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,293 / mo

4 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Oceanfront Bldg, View Varies
  • 5-minute walk to John Waples Memorial Playground

About This Home

As of October 2023

OCEAN 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

Randy Mason

(302) 227-3883 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 09/08/2023

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 1987 | Remodeled in 2012

Lot Details

  • Oceanfront Bldg, View Varies
  • 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,496

Year Built

Built in 1987 | Remodeled in 2012

Lot Details

0 Sq Ft Lot

HOA Fees

$613 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: several pieces of artwork and some contents of closets.
  • Inclusions: Sold fully furnished
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Cooktop, Oven - Double, Dishwasher, Microwave, Disposal, Washer, Dryer - Electric
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: No
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 664.29
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3675.00
  • Condo Co-Op Fee Frequency: Semi-Annually
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1847.00
  • Tax Annual Amount: 2495.54
  • Assessor Parcel Number: 334-20.18-198.00-8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: AO2

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$1,495,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,434
Avg. Annual Appreciation
3.60%
Original Mortgage
$1,000,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Dewey Beach, DE

  • Nicole Callender Real Estate Agent - Keller Williams Realty Delmarva

    Nicole Callender

    Keller Williams Realty Delmarva

    (443) 251-3558

    224 Total Sales

    1 in Dewey Beach

    $1,200,000 Price

    Nicole Callender
     Section Image
  • Asa McCune Real Estate Agent - Patterson-Schwartz-Rehoboth

    Asa McCune

    Patterson-Schwartz-Rehoboth

    (302) 204-1597

    31 Total Sales

    2 in Dewey Beach

    $490K - $556K Price Range

    Asa McCune
     Section Image

  • JN

    Jaasi Nunez

    Responds Quickly

    Keller Williams Realty

    (302) 204-2135

    87 Total Sales

    1 in Dewey Beach

    $2,200,000 Price

    Jaasi Nunez
     Section Image
  • Lisa Woloshin Real Estate Agent - Century 21 Emerald

    Lisa Woloshin

    Century 21 Emerald

    (302) 550-8865

    7 Total Sales

    1 in Dewey Beach

    $1,450,000 Price

    Lisa Woloshin
     Section Image
  • Shaun Tull Real Estate Agent - Jack Lingo - Rehoboth

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 253-7645

    274 Total Sales

    27 in Dewey Beach

    $399K - $4.8M Price Range

    Shaun Tull
     Section Image
  • Elizabeth Dorman Real Estate Agent - Coldwell Banker Premier - Rehoboth

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 253-7558

    173 Total Sales

    1 in Dewey Beach

    $550,000 Price

    Elizabeth Dorman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $785,000
Closed Clift Diana L $1,000,000
Previous Owner Eckman P Gary P $287,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,859 $37,000 $0 $37,000
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 Real Estate Agent - Jack Lingo - Rehoboth

    Seller's Agent in 2023

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    85 Total Sales

    Randy Mason
    Section Image
  • Shirley Kalvinsky Real Estate Agent - Jack Lingo - Rehoboth

    Seller Co-Listing Agent in 2023

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    56 Total Sales

    Shirley Kalvinsky
    Section Image
  • Kim Hamer Real Estate Agent - OCEAN ATLANTIC SOTHEBYS

    Buyer's Agent in 2023

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    238 Total Sales

    Kim Hamer
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2047428

Bright MLS

APN: 334-20.18-198.00-8

Delaware Sussex County Dewey Beach 19971

11 Read Ave Unit 8, Dewey Beach, DE

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