NOT LISTED FOR SALE

12 Pennsylvania Ave Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated Value: $2,740,330 - $2,868,000

6 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: May 9, 2014

Last sale price $1,800,000

Est. 56% increase in value since last sale

Current estimated payment $15,865 / mo

329 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Deck
  • 3-minute walk to Lake Gerar Park

About This Home

As of May 2014

Beach Block Historic home updated for todays' lifestyle. Located on the prestigious Pennsylvania Ave. 4th home from the Ocean and only one block to the Boardwalk of Rehoboth. Great rental with $85K for 2013 & $58K booked 2014 or enjoy for your family after the season. Charming separate rear cottage

Last Agent to Sell the Property

KAREN GUSTAFSON

(302) 360-0300 karen@move2rehoboth.com Keller Williams Realty License #RS-0018123 Listed on: 05/01/2013

Keller Williams Realty

Last Buyer's Agent

TONY MONGELLO

tonymongello@hotmail.cominactive JOE MAGGIO REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.13-322.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,675

Year Built

Built in 1921

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial, Sump Pump

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 85000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5195714
  • Tax Annual Amount: 1675.00
  • Assessor Parcel Number: 334-14.13-322.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
May 9, 2014
Sold by
Deborah A Deborah A and Gustafson Karen L
Bought by
Seller's Agent
KAREN GUSTAFSON
Keller Williams Realty
Buyer's Agent
TONY MONGELLO
JOE MAGGIO REALTY
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$2,807,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,125
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,000,000
Interest Rate
4.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 1, 2013
Closed on
Apr 11, 2014
Sold by
Deborah A Deborah A
Bought by
Qualey Deborah A and Gustafson Karen E
Seller's Agent
KAREN GUSTAFSON
Keller Williams Realty
Buyer's Agent
TONY MONGELLO
JOE MAGGIO REALTY
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rehoboth Beach, DE

  • Carter Eggleston Real Estate Agent - Compass

    Carter Eggleston

    Compass

    (302) 665-1606

    62 Total Sales

    2 in Rehoboth Beach

    $715K - $895K Price Range

    Carter Eggleston
     Section Image
  • Marco Smith Real Estate Agent - Worthington Realty Group, LLC

    Marco Smith

    Worthington Realty Group, LLC

    (443) 727-1736

    116 Total Sales

    2 in Rehoboth Beach

    $85K - $90K Price Range

    Marco Smith
     Section Image
  • Lisa Nemeth Real Estate Agent - Northrop Realty

    Lisa Nemeth

    Northrop Realty

    (610) 871-5689

    47 Total Sales

    2 in Rehoboth Beach

    $60K - $170K Price Range

    Lisa Nemeth
     Section Image
  • Kate Barnhart Real Estate Agent - Keller Williams Gateway LLC

    Kate Barnhart

    Keller Williams Gateway LLC

    (667) 256-7850

    225 Total Sales

    1 in Rehoboth Beach

    $920,390 Price

    Kate Barnhart
     Section Image
  • Linda Rosatelli Real Estate Agent - Iron Valley Real Estate at The Beach

    Linda Rosatelli

    Iron Valley Real Estate at The Beach

    (443) 981-2245

    25 Total Sales

    2 in Rehoboth Beach

    $380K - $1.1M Price Range

    Linda Rosatelli
     Section Image
  • Angela Newman Real Estate Agent - Keller Williams Realty

    Angela Newman

    Keller Williams Realty

    (224) 313-4530

    15 Total Sales

    3 in Rehoboth Beach

    $525K - $849K Price Range

    Angela Newman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 --
Qualey Deborah A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,350,000
Closed Dustin John C $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $1,800,000 0.0% --
03/26/2014 03/26/14 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,800,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,523 $33,400 $15,000 $18,400
2024 $1,646 $33,400 $15,000 $18,400
2023 $1,645 $33,400 $15,000 $18,400
2022 $1,587 $33,400 $15,000 $18,400
2021 $1,573 $33,400 $15,000 $18,400
2020 $1,568 $33,400 $15,000 $18,400
2019 $1,570 $33,400 $15,000 $18,400
2018 $1,467 $33,400 $0 $0
2017 $1,405 $33,400 $0 $0
2016 $1,334 $33,400 $0 $0
2015 $1,275 $33,400 $0 $0
2014 $1,265 $33,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KAREN GUSTAFSON Real Estate Agent - Keller Williams Realty

    Seller's Agent in 2014

    KAREN GUSTAFSON

    Keller Williams Realty

    (302) 236-8821

    6 Total Sales

    KAREN GUSTAFSON
    Section Image

  • TM

    Buyer's Agent in 2014

    TONY MONGELLO

    JOE MAGGIO REALTY

See All Agents

Map

Source: Bright MLS

MLS Number: 1000973536

Bright MLS

APN: 334-14.13-322.00

Delaware Sussex County Rehoboth Beach 19971

12 Pennsylvania Ave, Rehoboth Beach, DE

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