$400,000
SOLD NOV 14, 2016

116 Clayton St Unit 3 Dewey Beach, DE 19971

4 Beds
2 Baths
1,400 Sq Ft
1974 Built

Recently Sold

$286 Per Sq Ft

14% Above List Price

127 Days on Market

Highlights

  • Beach
  • Water Access
  • Deck
  • Rehoboth Elementary School Rated A
  • Lake Privileges
  • Wood Flooring

About This Home

As of September 2021

Priced to Sell! $39,555 rental income = BIG Positive Cash Flow. Completely remodeled beautiful Turn-Key condo. HEART of Dewey Beach. Bright & Sunny floor plan, private back deck. Park 6 cars, WALK TO EVERYTHING. Only 1.5 blocks to Ocean, two to Bay. New everything, sold furnished and super clean!

Last Agent to Sell the Property

Ryan Gehris

USRealty.com LLP Listed on: 06/01/2016

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1974

Lot Details

  • Partially Fenced Property
  • Landscaped
  • Cleared Lot

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Inverted Floor Plan
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Family Room
  • Combination Kitchen and Dining Room
  • Stacked Electric Washer and Dryer
  • Attic

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Lake Privileges
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-50.00-3

Community Details

Overview

  • Property has a Home Owners Association
  • Rehoboth By The Sea Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,428

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Inverted Floorplan
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Priced to Sell! $39,555 rental income = BIG Positive Cash Flow. Completely remodeled beautiful Turn-Key condo. HEART of Dewey Beach. Bright & Sunny floor plan, private back deck. Park 6 cars, WALK TO EVERYTHING. Only 1.5 blocks to Ocean, two to Bay. New everything, sold furnished and super clean!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Slab
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 310.71
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Unknown
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 604.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Beach, Cable, Water/Lake Privileges
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared, Landscaping
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: TOWN CODES

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-20.14-50.00-3
  • County Tax Payment Frequency: Annually
  • Close Date: 11/14/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Mayoral Vicky E and Mayoral Vicky Ellen
Bought by
Vicky E Mayoral Trust and Mayoral
Current Estimated Value
$889,000

Purchase Details

Listed on
May 21, 2021
Closed on
Sep 10, 2021
Sold by
Griffiths Norman C
Bought by
Mayoral Vicky E
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Sarah V. Liska
Freedom Realty LLC
List Price
$859,999
Sold Price
$775,000
Premium/Discount to List
-$84,999
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 1, 2016
Closed on
Nov 29, 2016
Sold by
Wootten Gary R and Wootten Margaret
Bought by
Griffiths Norman Christopher
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Dustin Oldfather
Compass
List Price
$349,900
Sold Price
$400,000
Premium/Discount to List
$50,100
14.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Deed $775,000 None Available
Deed $400,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $548,250 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $775,000 -9.9% $431 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $859,999 +115.0% $478 / Sq Ft
11/14/2016 11/14/16 Sold $400,000 +14.3% $286 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $349,900 -- $250 / 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 $1,428 $16,950 $0 $16,950
2023 $1,427 $16,950 $0 $16,950
2022 $1,388 $16,950 $0 $16,950
2021 $1,378 $16,950 $0 $16,950
2020 $1,374 $16,950 $0 $16,950
2019 $1,354 $16,950 $0 $16,950
2018 $988 $22,500 $0 $0
2017 $946 $22,500 $0 $0
2016 $927 $22,500 $0 $0
2015 $887 $22,500 $0 $0
2014 $881 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Staton

    Seller's Agent in 2021

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    5 in this area

    249 Total Sales

    Andy Staton
    Section Image
  • Sarah V. Liska

    Buyer's Agent in 2021

    Sarah V. Liska

    Freedom Realty LLC

    (301) 385-0523

    1 in this area

    93 Total Sales

    Sarah V. Liska
    Section Image

  • R

    Seller's Agent in 2016

    Ryan Gehris

    USRealty.com LLP

    (610) 466-5358

    61 Total Sales

    Ryan Gehris
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2016

    Dustin Oldfather

    Compass

    (302) 249-5899

    6 in this area

    1,504 Total Sales

    Dustin Oldfather
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001018174

Bright MLS

APN: 334-20.14-50.00-3

Delaware Sussex County Dewey Beach 19971

116 Clayton St Unit 3, Dewey Beach, DE

This home is located at 116 Clayton St Unit 3, Dewey Beach, DE 19971 and is currently priced at $400,000, approximately $285 per square foot. This property was built in 1974. 116 Clayton St Unit 3 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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