Joseph Sterner
McWilliams/Ballard, Inc.
(717) 974-3964
109 Total Sales
1 in Dewey Beach
$413,000 Price
120 Read Ave Dewey Beach, DE 19971
Dewey Beach Area
5
Beds
3.5
Baths
2,800
Sq Ft
6,098
Sq Ft Lot
Highlights
- Private Pool
- Bay View
- Property fronts the bay but unit may not have water views
- Water Oriented
- Coastal Architecture
- No HOA
About This Home
As of March 2026This 5-bedroom bay block stunner with elevator is made for year-round memories, from sunny days to crisp fall weekends and everything in between. Just one block to the ocean, a half block to the bay, and packed with everything you need for serious fun in the sun. Bring the crew. There’s room for everyone. Lounge by your private pool with river jets for swimming, hop on your bike to the beach, or grab the boat from the nearby marina. Start with cocktails at your private outdoor bar, fire up the grill for a backyard BBQ, and enjoy the game area before heading to the pool. Take in the sunset from the upper deck, sip your morning coffee on the deck off the primary suite, or unwind on the second deck just off the family room. There’s plenty of storage for bikes and beach gear, sun decks to soak in the Dewey vibe, and space to spread out. Prime location to access the bay for kayaking, paddle boarding, and most all of your favorite water sports. Thinking investment? This home has major rental potential. 120 Reed Avenue is more than a beach house. It’s a full-on summer lifestyle that just spells F-U-N.
Last Agent to Sell the Property
(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth Brokerage Phone: 3022274800 License #RS-0010229 Listed on: 02/10/2026
Co-Listed By
(302) 227-4800 brooke.wahlgren@penfedrealty.com RE/MAX Realty Group Rehoboth Brokerage Phone: 3022274800 License #0039216
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,487
Year Built
- Built in 2015
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50.00 x 125.00
- Property fronts the bay but unit may not have water views
- Cleared Lot
- Property is zoned TN
Home Design
- Coastal Architecture
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,800 Sq Ft Home
- Property has 2 Levels
- Living Room
- Workshop
- Bay Views
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- Stone Driveway
- Off-Street Parking
Outdoor Features
- Private Pool
- Water Oriented
- Property near a bay
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Flood Risk
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 334-20.18-109.00
Matterport 3D Tour
Floorplans
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
Feb 10, 2026
Closed on
Mar 19, 2026
Sold by
Bought by
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
List Price
$2,200,000
Sold Price
$2,200,000
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,757,428
Interest Rate
6.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.12%
Mortgage Type
VA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Dewey Beach, DE
-
Joseph Sterner
-
David Landon
David Landon
Patterson-Schwartz-Newark
(484) 779-6763
335 Total Sales
1 in Dewey Beach
$68,500 Price
-
JOSEPH CHOMA
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
(302) 253-7178
33 Total Sales
12 in Dewey Beach
$69K - $2.1M Price Range
-
Regina White
Regina White
Crowley Associates Realty
(307) 456-7625
16 Total Sales
2 in Dewey Beach
$775K - $1.9M Price Range
-
Betsey Parrett
Betsey Parrett
Crowley Associates Realty
(302) 209-9301
7 Total Sales
1 in Dewey Beach
$677,000 Price
-
Joseph Berchock
Joseph Berchock
Responds QuicklyRE/MAX Associates - Newark
(484) 779-6870
75 Total Sales
2 in Dewey Beach
$533,727 Price Range
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,200,000 | None Listed On Document | |
| Deed | $450,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,760,000 | New Conventional | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $510,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $152,500 | Unknown | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $337,500 | VA |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Sold | $2,200,000 | 0.0% | $786 / Sq Ft | |
| 02/10/2026 02/10/26 | For Sale | $2,200,000 | +252.0% | $786 / Sq Ft | |
| 09/14/2018 09/14/18 | Sold | $625,000 | -16.7% | $407 / Sq Ft | View Prior Sale |
| 05/28/2018 05/28/18 | Pending | -- | -- | -- | |
| 02/08/2018 02/08/18 | For Sale | $750,000 | -- | $488 / Sq Ft |
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 | $3,390 | $44,800 | $8,750 | $36,050 |
| 2024 | $2,527 | $44,800 | $8,750 | $36,050 |
| 2023 | $2,525 | $44,800 | $8,750 | $36,050 |
| 2022 | $2,448 | $44,800 | $8,750 | $36,050 |
| 2021 | $2,428 | $44,800 | $8,750 | $36,050 |
| 2020 | $2,421 | $44,800 | $8,750 | $36,050 |
| 2019 | $2,402 | $44,800 | $8,750 | $36,050 |
| 2018 | $1,967 | $44,800 | $0 | $0 |
| 2017 | $1,884 | $44,800 | $0 | $0 |
| 2016 | $1,825 | $44,800 | $0 | $0 |
| 2015 | $719 | $17,900 | $0 | $0 |
| 2014 | $714 | $17,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
Seller's Agent in 2026
DEBBIE REED
RE/MAX
(302) 227-3818
734 Total Sales
-
Brooke Martin
B
Seller Co-Listing Agent in 2026
Brooke Martin
RE/MAX
4 Total Sales
-
Matt Brittingham
Buyer's Agent in 2026
Matt Brittingham
Patterson Schwartz
(302) 344-9026
233 Total Sales
-
ED STAUFFER
E
Seller's Agent in 2018
ED STAUFFER
RE/MAX
(302) 227-4800
-
Dennis Barnes
Seller Co-Listing Agent in 2018
Dennis Barnes
Coldwell Banker Premier - Rehoboth
(302) 227-2726
19 Total Sales
-
Stephen Mcguiness
S
Buyer's Agent in 2018
Stephen Mcguiness
Jack Lingo - Rehoboth
(302) 245-8644
7 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2104788
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Copyright 2026 Bright MLS, Inc.
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