Seller's Agent in 2021
PAT CAMPBELL-WHITE
OCEAN ATLANTIC SOTHEBYS
(302) 542-1488
1 in this area
38 Total Sales
112 Read Ave Dewey Beach, DE 19971
Estimated Value: $1,546,000 - $1,644,168
3
Beds
2
Baths
1,600
Sq Ft
$1,007/Sq Ft
Est. Value
Highlights
- Water Oriented
- Bay View
- Property fronts the bay but unit may not have water views
- Rehoboth Elementary School Rated A
- Open Floorplan
- 2-minute walk to John Waples Memorial Playground
About This Home
As of April 2021A very much-loved and much enjoyed second home in the bay block of Dewey Beach, just one and half blocks from the sandy beaches of the Atlantic Ocean. Two full living levels and a fabulous Vinyl-Tech enclosed 3 season room that converts to a screen porch. You'll really enjoy the 3rd level bay view deck overlooking Rehoboth Bay. This home has it all for summer rental income or your own year'round living. Walk to the ocean, the bay and all the fun spots that Dewey Beach offers: restaurants, shopping or jump the shuttle into downtown Rehoboth Beach. Easy access to State Parks all the way to Indian River. Plenty of room to store your bicycles, your sunfish, your kayaks or canoes. Just how much fun do you want to have? Being sold furnished with some exclusions. Want to celebrate your Easter or Spring Break Here? Sure! Three bedrooms, 2 baths, loft, living room / dining / kitchen -- so roomy --so enjoyable.
Last Agent to Sell the Property
(302) 542-1488 pat@beachteam.com Monument Sotheby's International Realty License #RA0001517 Listed on: 10/13/2020
Co-Listed By
(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $1,865
Year Built
- Built in 2001
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50.00 x 125.00
- Property fronts the bay but unit may not have water views
- North Facing Home
- Partially Fenced Property
- Cleared Lot
- Property is in very good condition
Home Design
- Entry on the 2nd floor
- Frame Construction
- Shingle Roof
- Vinyl Siding
- Piling Construction
Interior Spaces
- 1,600 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Partially Furnished
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Fireplace With Glass Doors
- Brick Fireplace
- Gas Fireplace
- Window Treatments
- Window Screens
- Living Room
- Dining Room
- Loft
- Screened Porch
- Storage Room
- Bay Views
- Fire and Smoke Detector
Kitchen
- Built-In Self-Cleaning Double Oven
- Down Draft Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on upper level
- Electric Front Loading Dryer
- Washer
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Private Parking
- Stone Driveway
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property near a bay
Location
- Flood Risk
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Heat Pump System
- 200+ Amp Service
- Propane
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-20.18-112.00
Community Details
Overview
- No Home Owners Association
- Built by Nanticoke PreFabricated
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2020
Closed on
Apr 16, 2021
Sold by
William S Gibson Jr Irt
Seller's Agent
PAT CAMPBELL-WHITE
Monument Sotheby's International Realty
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
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
$410,792
Avg. Annual Appreciation
6.57%
Original Mortgage
$960,000
Outstanding Balance
$868,639
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$724,426
Purchase Details
Closed on
Sep 6, 2016
Sold by
Gibson William S
Bought by
William S Gibson Irrev Trust Under Agree
Purchase Details
Closed on
Sep 2, 2010
Bought by
Gibson William S and Gibso Joyce F
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 |
|---|---|---|---|
| -- | $1,200,000 | None Available | |
| William S Gibson Irrev Trust Under Agree | -- | None Available | |
| Gibson William S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $960,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $1,200,000 | -11.0% | $750 / Sq Ft |
| 10/13/2020 10/13/20 | For Sale | $1,349,000 | -- | $843 / 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 | $3,204 | $36,850 | $3,750 | $33,100 |
| 2024 | $2,135 | $36,850 | $3,750 | $33,100 |
| 2023 | $2,133 | $36,850 | $3,750 | $33,100 |
| 2022 | $2,070 | $36,850 | $3,750 | $33,100 |
| 2021 | $2,054 | $36,850 | $3,750 | $33,100 |
| 2020 | $2,048 | $36,850 | $3,750 | $33,100 |
| 2019 | $2,029 | $36,850 | $3,750 | $33,100 |
| 2018 | $1,618 | $36,850 | $0 | $0 |
| 2017 | $1,550 | $36,850 | $0 | $0 |
| 2016 | $1,507 | $36,850 | $0 | $0 |
| 2015 | $1,623 | $41,600 | $0 | $0 |
| 2014 | $1,612 | $41,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
PAT CAMPBELL-WHITE
-
Carla Campbell
Seller Co-Listing Agent in 2021
Carla Campbell
OCEAN ATLANTIC SOTHEBYS
(302) 542-5534
2 in this area
62 Total Sales
-
Michael Rodriguez
Buyer's Agent in 2021
Michael Rodriguez
Jack Lingo - Rehoboth
(302) 236-7649
5 in this area
53 Total Sales
-
Michael Bacher
Buyer Co-Listing Agent in 2021
Michael Bacher
Jack Lingo - Rehoboth
(302) 226-6649
2 in this area
25 Total Sales
Map
Source: Bright MLS
MLS Number: DESU171254
APN: 334-20.18-112.00
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