NOT LISTED FOR SALE

114 West St Dewey Beach, DE 19971

Estimated Value: $942,000 - $1,358,000

3 Beds
2 Baths
1,000 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $340,000 $340 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $6,132/month

69 Days on Market

Highlights

  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • No HOA

About This Home

As of February 2021

Welcome to 114 West St!! This Excellent opportunity is steps away from the beach. This cottage sits on an oversized lot located on West Street and the north end of Dewey Beach. 114 also has a Brand new 60 year lease!!. Offers an abundance of family fun for generations to come.

Last Agent to Sell the Property

John Redefer

Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 10/30/2020

Last Buyer's Agent

John Redefer

Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 10/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Land Lease of $4,646 per quarter expires in 60 years

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 2 Levels
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-103.00-L7171

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1970

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
  • Inclusions: Seller to provide list if any.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 114 West St!! This Excellent opportunity is steps away from the beach. This cottage sits on an oversized lot located on West Street and the north end of Dewey Beach. 114 also has a Brand new 60 year lease!!. Offers an abundance of family fun for generations to come.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Price Per Sq Ft: 489.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Public Septic
  • 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: 4646.25
  • Land Lease Amt Freq: Quarterly
  • Land Lease Years Remaining: 60
  • Land Use Code: RL
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5244552
  • School Tax: 688.00
  • Tax Annual Amount: 760.00
  • Assessor Parcel Number: 334-20.14-103.00-L7171
  • Tax Total Finished Sq Ft: 888
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

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
02/26/2021 02/26/21 Sold $340,000 -30.5% $340 / Sq Ft
12/03/2020 12/03/20 Price Changed $489,000 -6.9% $489 / Sq Ft
10/30/2020 10/30/20 For Sale $525,000 -- $525 / 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
2024 $1,296 $16,200 $0 $16,200
2023 $798 $16,200 $0 $16,200
2022 $770 $16,200 $0 $16,200
2021 $763 $16,200 $0 $16,200
2020 $761 $16,200 $0 $16,200
2019 $762 $16,200 $0 $16,200
2018 $711 $16,200 $0 $0
2017 $681 $16,200 $0 $0
2016 $647 $16,200 $0 $0
2015 $374 $16,200 $0 $0
2014 $371 $9,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU172324

Bright MLS

APN: 334-20.14-103.00-L7171