NOT LISTED FOR SALE

116 Chesapeake St Unit A Dewey Beach, DE 19971

Estimated Value: $597,000 - $832,000

4 Beds
5 Baths
-- Sq Ft
1962 Built

Last Sold August 13, 2012

Last sale price $179,900

Est. 297% increase in value since last sale

Current estimated payment $4,007/month

22 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of August 2012

In the wooded north end of Dewey Beach there is a hidden cottage by the sea just a short block to the beach. This cottage is priced to go and offers 4 bedroom 3 full baths, 2 half baths and 2 outside showers all on the nicest street in town. Land lease expires 09/30/2022

Last Listed By

TJ REDEFER

Rehoboth Bay Realty, Co. Listed on: 07/12/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x100
  • Wooded Lot
  • Ground Rent of $650 per year

Parking

  • Off-Site Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Asbestos Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Wood Flooring
  • Crawl Space
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Modifications for wheelchair accessibility

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Air Source Heat Pump
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-76.00-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Wheelchair Mod
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1962
  • Remarks Public: In the wooded north end of Dewey Beach there is a hidden cottage by the sea just a short block to the beach. This cottage is priced to go and offers 4 bedroom 3 full baths, 2 half baths and 2 outside showers all on the nicest street in town. Land lease expires 09/30/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer - Electric, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Whirlpool/Hottub, Skylight(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pillar/Post/Pier, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Wall Unit
  • Heating Type: Wood Burn Stove, Heat Pump(s), Wall Unit
  • 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

  • Lot Features: Trees/Wooded
  • Lot Dimensions: 50X100
  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 650.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.10-76.00-A
  • County Tax Payment Frequency: Annually
  • Close Date: 08/13/2012

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dewey Atlantic Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $179,900 0.0% --
08/03/2012 08/03/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $179,900 -- --
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 $555 $11,250 $0 $11,250
2023 $554 $11,250 $0 $11,250
2022 $535 $11,250 $0 $11,250
2021 $530 $11,250 $0 $11,250
2020 $528 $11,250 $0 $11,250
2019 $529 $11,250 $0 $11,250
2018 $494 $11,250 $0 $0
2017 $473 $11,250 $0 $0
2016 $449 $11,250 $0 $0
2015 $429 $11,250 $0 $0
2014 $426 $11,250 $0 $0
Source: Public Records

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Source: Bright MLS

MLS Number: 1000967332

Bright MLS

APN: 334-20.10-76.00-A