NOT LISTED FOR SALE

15 Bedford Ave Rehoboth Beach, DE 19971

Estimated Value: $2,819,000 - $2,937,188

4 Beds
2.5 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $2,650,000

Est. 9% increase in value since last sale

Current estimated payment $16,021/month

Highlights

  • Beach
  • Private Beach
  • 0.22 Acre Lot
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 3-minute walk to Delaware Seashore State Park

About This Home

As of June 2022

A Classic, meticulously maintained, “Ocean Block” Rehoboth Beach home in the exclusive and private community of Indian Beach. Offering 4 Bedrooms, 2.5 baths, a 2 car garage with a bedroom and bath above, multiple gathering spaces, and plenty of parking all sited on a large 100x100 mid-block lot - just 3 homes to the sand. Step into a stunning sunroom that expands the entire width of the home and onto the large open living/dining area with hardwood floors thru-out, fireplace and open kitchen and then onto a large enclosed rear porch with vaulted ceiling and floor to ceiling windows. You’ll find 2 bedrooms and a bath on the first floor, and the upstairs bedroom encompasses the entire floor with multiple sleeping nooks and a full bath. Then there’s the perfect hideaway above the garage offering a large bedroom with a beautiful vaulted ceiling, a half bath, and steps to the outdoor shower. The Indian Beach community offers a private, guarded beach, security patrol thru-out the community and restricts rentals to 2 week minimums to maintain its’ exclusivity. Enjoy the tranquility of a private beach, yet only moments from downtown Dewey Beach restaurants and shopping or a quick Jolly Trolley ride to downtown Rehoboth Beach and Boardwalk. You Can have it all . . . Act quickly as inventory at the beach is at historical lows and this is currently the only available property in Indian Beach! This home comes furnished with few exceptions. New HVAC first floor 2022, New Roof 2019!

Last Agent to Sell the Property

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340 Listed on: 05/04/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Private Beach
  • South Facing Home
  • Partially Fenced Property
  • Property is in excellent condition
  • Property is zoned MR

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 5 Driveway Spaces
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Lake Privileges

Location

  • Flood Risk

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-23.06-106.00

Community Details

Overview

  • Association fees include common area maintenance, trash, road maintenance
  • Indian Beach Subdivision

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,693

Year Built

Built in 1940

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Exclusions noted in attachments
  • Inclusions: Partially Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: A Classic, meticulously maintained, “Ocean Block” Rehoboth Beach home in the exclusive and private community of Indian Beach. Offering 4 Bedrooms, 2.5 baths, a 2 car garage with a bedroom and bath above, multiple gathering spaces, and plenty of parking all sited on a large 100x100 mid-block lot - just 3 homes to the sand. Step into a stunning sunroom that expands the entire width of the home and onto the large open living/dining area with hardwood floors thru-out, fireplace and open kitchen and then onto a large enclosed rear porch with vaulted ceiling and floor to ceiling windows. You’ll find 2 bedrooms and a bath on the first floor, and the upstairs bedroom encompasses the entire floor with multiple sleeping nooks and a full bath. Then there’s the perfect hideaway above the garage offering a large bedroom with a beautiful vaulted ceiling, a half bath, and steps to the outdoor shower. The Indian Beach community offers a private, guarded beach, security patrol thru-out the community and restricts rentals to 2 week minimums to maintain its’ exclusivity. Enjoy the tranquility of a private beach, yet only moments from downtown Dewey Beach restaurants and shopping or a quick Jolly Trolley ride to downtown Rehoboth Beach and Boardwalk. You Can have it all . . . Act quickly as inventory at the beach is at historical lows and this is currently the only available property in Indian Beach! This home comes furnished with few exceptions. New HVAC first floor 2022, New Roof 2019!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Wood Floors, Floor Plan - Open, Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower, Private Beach
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 1291.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Road Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Land Use Code: RS
  • Lot Size Acres: 0.22
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5205321
  • School Tax: 1533.00
  • Tax Annual Amount: 1693.00
  • Assessor Parcel Number: 334-23.06-106.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 29, 2022
Sold by
Parker Thomas F
Bought by
15 Bedford Avenue Llc
Seller's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,650,000
Sold Price
$2,650,000
Current Estimated Value
$2,886,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,396
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Mar 27, 1996
Bought by
Parker Thomas F and Parker Priscilla A
Source: Public Records

Range of Values:

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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
15 Bedford Avenue Llc $2,650,000 Hudson Jones Jaywork & Fisher
Parker Thomas F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $2,650,000 0.0% --
05/10/2022 05/10/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $2,650,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $6,037 $35,950 $15,000 $20,950
2024 $2,196 $35,950 $15,000 $20,950
2023 $2,194 $35,950 $15,000 $20,950
2022 $2,132 $35,950 $15,000 $20,950
2021 $2,117 $35,950 $15,000 $20,950
2020 $1,688 $35,950 $15,000 $20,950
2019 $2,084 $35,950 $15,000 $20,950
2018 $1,579 $35,950 $0 $0
2017 $1,512 $35,950 $0 $0
2016 $1,507 $35,950 $0 $0
2015 $1,443 $35,950 $0 $0
2014 $1,433 $35,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2019582

Bright MLS

APN: 334-23.06-106.00