NOT LISTED FOR SALE

119 Swedes St Dewey Beach, DE 19971

Estimated Value: $1,049,000 - $2,011,000

5 Beds
3 Baths
2,000 Sq Ft
$834/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,275,000 $638 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,433/month

4 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of June 2021

Sweet property - sweet location! 119 Swedes Street located just two blocks from the beach, is a 2 unit property on fee simple land! The main house features prime outdoor living space with a first floor, covered deck, and a second-floor screened porch. When you are not reveling in the fresh, beach air on these porches, you and your guests will enjoy the easy living inside. First-floor den plus second-floor main level kitchen, dining room, and living room, and three well-sized bedrooms. Plenty of areas to spread out! The rear cottage is perfect for your overflow guests with a large open living area with a full kitchen, two bedrooms, and full bathroom plus its own wrap-around deck. Shared back yard with outdoor shower. Short walk to the beach, the bay, restaurants, stores, and entertainment. Tremendous opportunity for the beach buyer with extended family and friends or even incredible investment for rental!

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/07/2021

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1975

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Shed

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 334-20.14-44.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,705

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: West of Rt 13
  • Ownership: Fee Simple
  • Exclusions: minor exclusions identified in attached list
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-07
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Remarks Public: Sweet property - sweet location! 119 Swedes Street located just two blocks from the beach, is a 2 unit property on fee simple land! The main house features prime outdoor living space with a first floor, covered deck, and a second-floor screened porch. When you are not reveling in the fresh, beach air on these porches, you and your guests will enjoy the easy living inside. First-floor den plus second-floor main level kitchen, dining room, and living room, and three well-sized bedrooms. Plenty of areas to spread out! The rear cottage is perfect for your overflow guests with a large open living area with a full kitchen, two bedrooms, and full bathroom plus its own wrap-around deck. Shared back yard with outdoor shower. Short walk to the beach, the bay, restaurants, stores, and entertainment. Tremendous opportunity for the beach buyer with extended family and friends or even incredible investment for rental!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer, Extra Refrigerator/Freezer, Dryer - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Built-Ins, Ceiling Fan(s), Entry Level Bedroom, Skylight(s)
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Screened Porch
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 687.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 119

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened, Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5204410
  • School Tax: 1422.00
  • Tax Annual Amount: 1704.80
  • Assessor Parcel Number: 334-20.14-44.00
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 947
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 4, 2021
Sold by
Horace E Jordan Jr Ret
Bought by
Meyers Russell C and Meyers Maria P
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,375,000
Sold Price
$1,275,000
Premium/Discount to List
-$100,000
-7.27%
Total Days on Market
4
Current Estimated Value
$1,667,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,055
Avg. Annual Appreciation
7.06%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meyers Russell C $1,275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Horace $518,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,275,000 -7.3% $638 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,375,000 -- $688 / 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 $2,286 $33,450 $10,000 $23,450
2023 $2,284 $33,450 $10,000 $23,450
2022 $2,227 $33,450 $10,000 $23,450
2021 $2,212 $33,450 $10,000 $23,450
2020 $2,205 $33,450 $10,000 $23,450
2019 $2,165 $33,450 $10,000 $23,450
2018 $1,469 $33,450 $0 $0
2017 $1,407 $33,450 $0 $0
2016 $1,378 $33,450 $0 $0
2015 $1,319 $33,450 $0 $0
2014 $1,309 $33,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU182460

Bright MLS

APN: 334-20.14-44.00