NOT LISTED FOR SALE

1500 Bayard Ave Dewey Beach, DE 19971

Estimated Value: $1,321,000 - $1,880,000

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

Last Sold January 05, 2022

Last sale price $1,125,000

Est. 34% increase in value since last sale

Current estimated payment $7,960/month

11 Days on Market

Highlights

  • 0.22 Acre Lot
  • Coastal Architecture
  • Central Heating and Cooling System
  • Rehoboth Elementary School Rated A
  • No HOA

About This Home

As of January 2022

!!!Welcome to 1500 Bayard Ave !!!

This FULLY restored and updated cottage by the sea is a true gem. offering two properties one one parcel this is ideal for a large family or investor looking for multiple means of passive income. offering a large open concept, a large entertaining backyard, and a very competitive lease, this home is an opportunity you don't want to miss out on!!

Last Agent to Sell the Property

John Redefer

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 09/16/2021

Last Buyer's Agent

Jamie Coleman

(302) 703-6987 jgiles@psre.com Patterson-Schwartz-Rehoboth

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Land Lease of $3,187 per quarter expires in 40 years
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Cottage

Interior Spaces

  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-89.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Land Lease
  • Exclusions: Seller to provide list
  • Home Warranty: No
  • Inclusions: Seller to provide list
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Lease Amount: 3187.00
  • Land Lease Amt Freq: Quarterly
  • Land Lease Years Remaining: 40
  • Lot Size Acres: 0.22
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 70000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5204491
  • School Tax: 426.00
  • Tax Annual Amount: 470.00
  • Assessor Parcel Number: 334-20.14-89.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2000
Bought by
Rehoboth By The Sea Realty Co
Current Estimated Value
$1,509,388
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rehoboth By The Sea Realty Co -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $1,125,000 -6.2% --
09/16/2021 09/16/21 For Sale $1,199,000 -- --
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 $2,307 $10,000 $10,000 $0
2024 $1,130 $10,000 $10,000 $0
2023 $1,130 $10,000 $10,000 $0
2022 $1,112 $10,000 $10,000 $0
2021 $1,108 $10,000 $10,000 $0
2020 $1,105 $10,000 $10,000 $0
2019 $1,062 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $436 $10,000 $0 $0
2015 $418 $10,000 $0 $0
2014 $416 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2006688

Bright MLS

APN: 334-20.14-89.00

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