NOT LISTED FOR SALE

114 Chesapeake St Unit A Dewey Beach, DE 19971

Estimated Value: $631,000 - $999,000

3 Beds
2 Baths
-- Sq Ft
1962 Built

Last Sold October 03, 2012

Last sale price $460,000

Est. 77% increase in value since last sale

Current estimated payment $4,570/month

139 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Wood Burning Stove
  • Rehoboth Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2012

Live Beside the Ocean, Experience Dewey A Way of Life - Listen to Ocean Waves, Roast Marshmallows in a Bonfire or Watch Movies on the Beach. Relax on the Large Porch overlooking the Lake. FP, Wood Floors, Exposed Beams, Outdoor Shower & Deck. Best Value at the Beach! Great Rental. 45YR Lease.

Last Listed By

Lucius Webb

Jack Lingo - Rehoboth License #RS-0017469 Listed on: 05/04/2012

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $619

Year Built

  • 1962

Lot Details

  • Lot Dimensions are 50x103x49x10
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Partially Wooded Lot
  • Ground Rent of $7,800 per year expires in 45 years

Property Views

  • Lake
  • Pond

Home Design

  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.10-75.00-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$619

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Live Beside the Ocean, Experience Dewey A Way of Life - Listen to Ocean Waves, Roast Marshmallows in a Bonfire or Watch Movies on the Beach. Relax on the Large Porch overlooking the Lake. FP, Wood Floors, Exposed Beams, Outdoor Shower & Deck. Best Value at the Beach! Great Rental. 45YR Lease.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built (Public Record): 1962

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Skylight(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Wood
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping, Partly Wooded
  • Lot Dimensions: 50x103x49x10
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 7800.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 45
  • Total Actual Rent: 35000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-20.10-75.00-A
  • County Tax Payment Frequency: Annually
  • Close Date: 10/03/2012

Multi Family

  • Income Expense List: Annual Ground Rent

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
10/03/2012 10/03/12 Sold $460,000 0.0% --
09/20/2012 09/20/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $460,000 -- --
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
2024 $619 $10,450 $0 $10,450
2023 $515 $10,450 $0 $10,450
2022 $497 $10,450 $0 $10,450
2021 $492 $10,450 $0 $10,450
2020 $491 $10,450 $0 $10,450
2019 $491 $10,450 $0 $10,450
2018 $459 $10,450 $0 $0
2017 $439 $10,450 $0 $0
2016 $417 $10,450 $0 $0
2015 $399 $10,450 $0 $0
2014 $316 $8,350 $0 $0
Source: Public Records

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Source: Bright MLS

MLS Number: 1000966092

Bright MLS

APN: 334-20.10-75.00-A