NOT LISTED FOR SALE

157 Rehoboth Ave Unit B Rehoboth Beach, DE 19971

Estimated Value: $636,363 - $3,783,000

2 Beds
2 Baths
1,250 Sq Ft
5,009 Sq Ft Lot

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Dune Nature Park
  • Rehoboth Elementary School Rated A

About This Home

As of February 2023

What an amazing opportunity to live in downtown Rehoboth Beach and only a few blocks to the boardwalk. This terrific apartment offers 2 PARKING SPACES, a private entrance with steps to a surprisingly spacious 2-bedroom, 2-bathroom apartment with a large kitchen with a dishwasher and views of Rehoboth Avenue from the large living room. There is also a lot of storage. What a great view of the SeaWitch and Christmas parades!

Last Agent to Rent the Property

Michael Klecko

(302) 645-2207 lewesrentals@jacklingo.com Jack Lingo - Lewes License #RS-0014782 Listed on: 10/22/2022

Jack Lingo - Lewes

Last Renter's Agent

Michael Klecko

(302) 645-2207 lewesrentals@jacklingo.com Jack Lingo - Lewes License #RS-0014782 Listed on: 10/22/2022

Jack Lingo - Lewes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1950

Lot Details

  • 5,009

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Stick Built Home

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking Lot

Schools

  • Rehoboth Elementary School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • 12-Month Lease Term
  • Available 12/15/22

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,955

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Date Available: 2022-12-15
  • Pets Allowed: No
  • Security Deposit: 2500.00
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Remarks Public: What an amazing opportunity to live in downtown Rehoboth Beach and only a few blocks to the boardwalk. This terrific apartment offers 2 PARKING SPACES, a private entrance with steps to a surprisingly spacious 2-bedroom, 2-bathroom apartment with a large kitchen with a dishwasher and views of Rehoboth Avenue from the large living room. There is also a lot of storage. What a great view of the SeaWitch and Christmas parades!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 2.00
  • Above Grade Finished Sq Ft: 1250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 157

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN

Lot Info

  • Zoning: COMMERCIAL

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 02/18/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2010
Bought by
Felbridge Llc
Current Estimated Value
$2,242,591
Source: Public Records

Range of Values:

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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
Felbridge Llc -- --
Felbridge Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2023 02/18/23 Rented $2,000 -20.0% --
02/15/2023 02/15/23 Under Contract -- -- --
11/22/2022 11/22/22 For Rent $2,500 0.0% --
11/04/2022 11/04/22 Under Contract -- -- --
10/22/2022 10/22/22 For Rent $2,500 -- --
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 $3,955 $56,900 $25,000 $31,900
2024 $2,805 $56,900 $25,000 $31,900
2023 $2,802 $56,900 $25,000 $31,900
2022 $2,704 $56,900 $25,000 $31,900
2021 $2,679 $56,900 $25,000 $31,900
2020 $2,671 $56,900 $25,000 $31,900
2019 $2,675 $56,900 $25,000 $31,900
2018 $2,499 $56,900 $0 $0
2017 $2,393 $56,900 $0 $0
2016 $2,273 $56,900 $0 $0
2015 $2,172 $56,900 $0 $0
2014 $2,156 $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2031322

Bright MLS

APN: 334-14.17-113.00