NOT LISTED FOR SALE

14 Read Ave Dewey Beach, DE 19971

Estimated Value: $903,000 - $1,197,000

3 Beds
2 Baths
1,000 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $195,000 $195 Per Sq Ft

Est. 426% increase in value since last sale

Current estimated payment $5,984/month

28 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Deck
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 4-minute walk to John Waples Memorial Playground

About This Home

As of August 2017

Own an ocean block property for a fraction of the cost! 14 Read Street is part of The Surf Club of Dewey Beach. The Surf Club offers fractional ownerships and the condo fee covers EVERYTHING! The fee covers taxes, insurance, water, sewer, internet/cable, electric, HVAC, interior/exterior maintenance, furniture, appliances, dishes, glassware, silverware, linens, pool, onsite management and housekeeping. It truly is a place you just bring your suitcase and relax. The Hyatt recently took over management and this home has new flooring and all new furniture. This home has 3 bedrooms and 2 full baths. Relax on the screened front porch or walk a few steps to the beach! Sale is of all 4 shares for $209k or 2 shares for $119k. Purchasing all 4 shares entitles you to all 52 weeks of the year, buying 2 shares gives you 26 weeks. You can rent out the house when you are not using it, onsite management can take care of rentals for you. Very unique opportunity right by the ocean!

Last Agent to Sell the Property

DENISE CAIN

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 06/17/2017

Monument Sotheby's International Realty

Last Buyer's Agent

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Zoning described as TOWN CODES

HOA Fees

  • $564 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Coastal Architecture
  • Cottage
  • Flat Roof Shape
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Flooring
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-208.00

Community Details

Overview

  • The Surf Club Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fractional
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1000
  • Living Area Sq Ft: 1000
  • Net Sq Ft: 1000.00
  • Price Per Sq Ft: 119.00
  • Above Grade Finished Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Pool Features: In Ground
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 6768.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: TOWN CODES

Rental Info

  • Furnished: Yes
  • Pets: Size/Weight Restriction
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5204988
  • Assessor Parcel Number: 334-20.18-208.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $195,000 +63.9% $195 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $119,000 -- $119 / 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 $1,689 $20,050 $11,000 $9,050
2024 $1,307 $20,050 $11,000 $9,050
2023 $1,306 $20,050 $11,000 $9,050
2022 $1,272 $20,050 $11,000 $9,050
2021 $1,263 $20,050 $11,000 $9,050
2020 $1,259 $20,050 $11,000 $9,050
2019 $1,239 $20,050 $11,000 $9,050
2018 $880 $20,050 $0 $0
2017 $843 $20,050 $0 $0
2016 $836 $20,050 $0 $0
2015 $801 $20,050 $0 $0
2014 $462 $20,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DENISE CAIN

    Seller's Agent in 2017

    DENISE CAIN

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5662

    10 in this area

    44 Total Sales

    DENISE CAIN
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2017

    Dustin Oldfather

    Compass

    (302) 249-5899

    4 in this area

    1,434 Total Sales

    Dustin Oldfather
    Section Image

  • R

    Buyer Co-Listing Agent in 2017

    Robert Burton

    Creig Northrop Team of Long & Foster

    (302) 448-9828

    74 Total Sales

    Robert Burton
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001030710

Bright MLS

APN: 334-20.18-208.00

Delaware Sussex County Dewey Beach 19971

14 Read Ave, Dewey Beach, DE

Not Listed for Sale

Detached

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