NOT LISTED FOR SALE

113 Cullen St Dewey Beach, DE 19971

Estimated Value: $2,358,000 - $2,918,000

5 Beds
4 Baths
2,250 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,425,000 $633 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,681/month

44 Days on Market

Highlights

  • Guest House
  • Second Kitchen
  • Cape Cod Architecture
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Deck

About This Home

As of January 2021

Cottage Style and Two for One!! Welcome to 113 Cullen Street-a two unit property, Rehoboth by the Sea, Dewey Beach! OWN THE LAND-NO LEASE! Refreshing 3 bedroom, 3 bath year round home, just 1 block to the beach. A relaxed vibe with cozy living space, hardwood floors, tiled baths, and welcoming feel from the minute you enter the front door. Sale includes a lovely 2 bedroom back cottage- perfect for overflow guests. Front yard and fenced rear yard space with patio area and outdoor shower- live the beach life here and you'll never look back. Rehoboth by the Sea is a hidden gem: The Atlantic Ocean is your beach, and this property can comfortably accommodate two families, several couples or a group of friends. Rental income is estimated; between $1,500-$3,000 depending on if also renting back cottage. Easy proximity to restaurants and nightlife of downtown Dewey Beach-just a short walk south. Heading north by bike or Trolley ride: for Rehoboth's shops, restaurants and nightlife- the walk is scenic -Silver Lake in downtown Rehoboth, the mile long boardwalk, and more.

Last Agent to Sell the Property

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023 Listed on: 09/23/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

Ron Whitesell

ronw@kw.com Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Infill Lot
  • North Facing Home
  • Partially Fenced Property
  • Landscaped
  • Private Lot
  • Wooded Lot
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned TN, Town Codes

Home Design

  • Cape Cod Architecture
  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Partially Furnished
  • Built-In Features
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Efficiency Studio
  • Garden Views
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Private Parking
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Screened Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Storage
  • Tenant House

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Multi-Tank Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Guest House

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 334-20.14-150.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1960

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: See attached
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Water Heater, Washer, Stove, Refrigerator, Oven/Range - Electric, Microwave
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: 2nd Kitchen, Attic, Built-Ins, Window Treatments, Bathroom - Stall Shower, Upgraded Countertops, Kitchen - Table Space, Floor Plan - Traditional, Efficiency, Breakfast Area
  • Window Features: Screens, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Breakfast Room, Bedroom 1, Sun/Florida Room, Efficiency (Additional), Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs, Heated
  • Laundry Type: Basement, Has Laundry
  • Total Sq Ft: 2848
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 666.22
  • Above Grade Finished Sq Ft: 2250
  • Below Grade Sq Ft: 598
  • Total Below Grade Sq Ft: 598
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Tenant House
  • Construction Materials: Stick Built
  • Exterior Features: Exterior Lighting, Flood Lights, Outside Shower, Secure Storage
  • Road Surface Type: Paved
  • Roof: Unknown
  • View: Garden/Lawn, Street
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Paved Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 360.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: Fuses, Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Fencing: Partially
  • Lot Features: Rear Yard, Private, Front Yard, Landscaping, Trees/Wooded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Deck(s), Screened, Terrace, Patio(s)
  • Property Condition: Very Good
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 950.00
  • Tax Annual Amount: 1138.00
  • Assessor Parcel Number: 334-20.14-150.00
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 8, 2021
Sold by
Cullen St Assoc Llc
Bought by
Brown Patrick J and Gillespie Mary F
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Ron Whitesell
Keller Williams Realty
List Price
$1,499,000
Sold Price
$1,425,000
Premium/Discount to List
-$74,000
-4.94%
Current Estimated Value
$2,583,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,667
Avg. Annual Appreciation
12.38%
Original Mortgage
$712,500
Outstanding Balance
$635,909
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,947,758

Purchase Details

Closed on
Apr 5, 1999
Bought by
Cullen Street Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Brown Patrick J $1,425,000 None Available
Cullen Street Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Patrick J $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $1,425,000 -4.9% $633 / Sq Ft
09/23/2020 09/23/20 For Sale $1,499,000 -- $666 / Sq Ft
Source: Bright MLS

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 $4,452 $22,350 $10,000 $12,350
2024 $1,420 $22,350 $10,000 $12,350
2023 $1,738 $22,350 $10,000 $12,350
2022 $1,699 $22,350 $10,000 $12,350
2021 $1,690 $22,350 $10,000 $12,350
2020 $1,684 $22,350 $10,000 $12,350
2019 $1,643 $22,350 $10,000 $12,350
2018 $982 $22,350 $0 $0
2017 $940 $22,350 $0 $0
2016 $935 $22,350 $0 $0
2015 $895 $22,350 $0 $0
2014 $889 $22,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169630

Bright MLS

APN: 334-20.14-150.00

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