12 Wilmington Ave Unit 3 Rehoboth Beach, DE 19971
Estimated Value: $241,000 - $784,000
--
Bed
1
Bath
330
Sq Ft
$83/mo
HOA Fee
Highlights
- Building is oceanfront but unit may not have water views
- Open Floorplan
- Furnished
- Rehoboth Elementary School Rated A
- Wood Flooring
- Porch
About This Home
As of January 2021Make this your TINY HOUSE at the BEACH! Charming Rehoboth Beach ocean-block efficiency! Here is a rare opportunity to get into the Rehoboth Beach market for under $300,000!!! This renovated efficiency features an updated kitchen, bath, hardwood flooring, an off-street parking space, and more! Being located less than a half block from the beach & boardwalk on Wilmington Avenue provides the convenience of walking only a few steps to all Rehoboth has to offer! Inventory is tight and the market is hot so you'll need to hurry for this one!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $324
Lot Details
- Building is oceanfront but unit may not have water views
- 1 Common Wall
- North Facing Home
- Property is in excellent condition
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Studio
- Flat Roof Shape
- Masonry
Interior Spaces
- 1 Full Bathroom
- 330 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Window Treatments
- Combination Kitchen and Dining Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
Parking
- 1 Off-Street Space
- Stone Driveway
- Parking Lot
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-14.18-42.00-3
Community Details
Overview
- Association fees include common area maintenance, insurance, water
- Low-Rise Condominium
- Sea House Community
- South Rehoboth Subdivision
Amenities
- Common Area
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2020
Closed on
Jan 22, 2021
Sold by
Dettleff John and Dettleff Kristen D
Bought by
Burger John and Burger Chelsea M
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Michael Bacher
Jack Lingo - Rehoboth
List Price
$299,900
Sold Price
$263,000
Premium/Discount to List
-$36,900
-12.3%
Total Days on Market
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,500
Avg. Annual Appreciation
16.45%
Original Mortgage
$210,400
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burger John | $263,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burger John | $200,000 | |
| Closed | Burger John | $210,400 | |
| Previous Owner | Dettleff John A | $211,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2021 01/22/21 | Sold | $263,000 | -7.7% | $797 / Sq Ft |
| 09/19/2020 09/19/20 | Price Changed | $285,000 | -5.0% | $864 / Sq Ft |
| 07/31/2020 07/31/20 | For Sale | $299,900 | -- | $909 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $264 | $4,300 | $0 | $4,300 |
| 2023 | $263 | $4,300 | $0 | $4,300 |
| 2022 | $254 | $4,300 | $0 | $4,300 |
| 2021 | $252 | $4,300 | $0 | $4,300 |
| 2020 | $251 | $4,300 | $0 | $4,300 |
| 2019 | $252 | $4,300 | $0 | $4,300 |
| 2018 | $235 | $5,350 | $0 | $0 |
| 2017 | $225 | $5,350 | $0 | $0 |
| 2016 | $214 | $5,350 | $0 | $0 |
| 2015 | $204 | $5,350 | $0 | $0 |
| 2014 | $203 | $5,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bacher
Seller's Agent in 2021
Michael Bacher
Jack Lingo - Rehoboth
(302) 226-6649
17 in this area
32 Total Sales
-
Michael Rodriguez
Seller Co-Listing Agent in 2021
Michael Rodriguez
Jack Lingo - Rehoboth
(302) 236-7649
35 in this area
56 Total Sales
Map
Source: Bright MLS
MLS Number: DESU165572
APN: 334-14.18-42.00-3
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