NOT LISTED FOR SALE

114 Carolina St Dewey Beach, DE 19971

Estimated Value: $1,020,000 - $1,630,000

3 Beds
2 Baths
1,500 Sq Ft
$854/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $800,000 $533 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,942/month

Highlights

  • Coastal Architecture
  • No HOA
  • Heating Available
  • Rehoboth Elementary School Rated A
  • Central Air

About This Home

As of April 2021

Welcome to 114 Carolina St located in the highly desired community of Rehoboth By The Sea! this "Crow's Nest Model offers an abundance of entreating space with its open floorplan design. This rare two story cottage at the beach also offers an expansive back yard for family fun for all! Offering central air, recently repainted exterior, and other recent updates this cottage is an opportunity that you don't want to miss!

Last Agent to Sell the Property

John Redefer

(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 12/02/2020

Last Buyer's Agent

John Redefer

(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 12/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $455

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Land Lease of $4,825 per quarter expires in 55 years
  • Property is zoned NR

Home Design

  • Coastal Architecture
  • Cottage
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 334-20.10-96.00-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$455

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Exclusions: exterior furnishings and personal items
  • Inclusions: All interior Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 114 Carolina St located in the highly desired community of Rehoboth By The Sea! this "Crow's Nest Model offers an abundance of entreating space with its open floorplan design. This rare two story cottage at the beach also offers an expansive back yard for family fun for all! Offering central air, recently repainted exterior, and other recent updates this cottage is an opportunity that you don't want to miss!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 555.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 4825.00
  • Land Lease Amt Freq: Quarterly
  • Land Lease Years Remaining: 55
  • Land Use Code: RL
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2020
  • Zoning: NR
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203619
  • School Tax: 412.00
  • Tax Annual Amount: 455.00
  • Assessor Parcel Number: 334-20.10-96.00-A
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $800,000 -3.9% $533 / Sq Ft
01/12/2021 01/12/21 Price Changed $832,500 -1.5% $555 / Sq Ft
12/02/2020 12/02/20 For Sale $845,000 -- $563 / 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 $1,785 $10,000 $10,000 $0
2024 $811 $10,000 $10,000 $0
2023 $811 $10,000 $10,000 $0
2022 $794 $10,000 $10,000 $0
2021 $789 $10,000 $10,000 $0
2020 $787 $10,000 $10,000 $0
2019 $766 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $435 $10,000 $0 $0
2015 $417 $10,000 $0 $0
2014 $414 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU174084

Bright MLS

APN: 334-20.10-96.00