NOT LISTED FOR SALE

122 Dagsworthy Ave Dewey Beach, DE 19971

Estimated Value: $1,285,000 - $1,790,000

Studio
4 Baths
2,344 Sq Ft
$641/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2017

Last sale price $752,000 $321 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,338 / mo

Highlights

  • Bay View
  • Deck
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to John Waples Memorial Playground

About This Home

As of February 2017

Investment opportunity! Enjoy serene bay views, in the heart of Dewey Beach! Two separate units, one on 1st Level, one on 2nd level. 3 BR, 2 Baths in each unit. Great opportunity to occupy & rent at the same time. Private parking lot for up to 10 cars. Zoned RB3 (Resort Business) with residential use.

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/02/2017

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Camilla Conlon

(302) 227-3883 camillac98@comcast.net Jack Lingo - Rehoboth License #RS-0010631

Jack Lingo - Rehoboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1995

Lot Details

  • 8,562 Sq Ft Lot
  • Lot Dimensions are 108x72x123x48
  • Cleared Lot

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Main Floor Bedroom
  • 2,344 Sq Ft Home
  • Partially Furnished
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Bay Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-57.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 1995

Lot Details

8,562 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Combination Kitchen/Dining, Entry Level Bedroom
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2344
  • Living Area Sq Ft: 2344
  • Net Sq Ft: 2344.00
  • Price Per Sq Ft: 341.30
  • Above Grade Finished Sq Ft: 2344
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.20
  • Lot Size Area: 8562
  • Lot Dimensions: 108x72x123x48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8562.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1558.00
  • Assessor Parcel Number: 334-20.18-57.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2017
Closed on
Feb 15, 2017
Sold by
Kelleher John P and Kelleher Robin H
Bought by
Highway I Limited Partnership
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Camilla Conlon
Jack Lingo - Rehoboth
List Price
$800,000
Sold Price
$752,000
Premium/Discount to List
-$48,000
-6%
Current Estimated Value
$1,503,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,650
Avg. Annual Appreciation
7.88%
Original Mortgage
$715,000
Outstanding Balance
$591,825
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$911,825

Purchase Details

Closed on
Feb 12, 1996
Bought by
Kelleher John P and Kelleher Robin H
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Highway I Limited Partnership $752,000 None Available
Kelleher John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highway I Limited Partnership $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $752,000 -6.0% $321 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $800,000 -- $341 / Sq Ft
Source: Bright MLS

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
2025 $2,885 $34,950 $18,800 $16,150
2024 $2,678 $34,950 $18,800 $16,150
2023 $2,677 $34,950 $18,800 $16,150
2022 $2,617 $34,950 $18,800 $16,150
2021 $2,601 $34,950 $18,800 $16,150
2020 $2,593 $34,950 $18,800 $16,150
2019 $2,531 $34,950 $18,800 $16,150
2018 $1,535 $34,950 $0 $0
2017 $1,470 $34,950 $0 $0
2016 $1,475 $34,950 $0 $0
2015 $1,413 $34,950 $0 $0
2014 $1,403 $34,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001024240

Bright MLS

APN: 334-20.18-57.00

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