NOT LISTED FOR SALE

159 Columbia Ave Rehoboth Beach, DE 19971

Estimated Value: $1,354,139 - $2,090,000

4 Beds
2 Baths
1,600 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $635,000 $397 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $9,743/month

28 Days on Market

Highlights

  • Spa
  • Deck
  • Whirlpool Bathtub
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Deer Park

About This Home

As of May 2013

Nestled in the Pines of North Rehoboth this is one of the quintessential beach cottages that makes Rehoboth the quaint town it is. Oversized screened porch & deck, fenced yard, hot tub, & music room are a few of my favorite things about this abode. Whimsical wisteria that canopies the street!

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 03/08/2013

Co-Listed By

JOSEPH MAGGIO

joe@maggiorealty.cominactive JOE MAGGIO REALTY

Last Buyer's Agent

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 03/08/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is Fully Fenced
  • Landscaped

Home Design

  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-131.00

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Ceiling Fan(s), Whirlpool/Hottub
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Storage Room, Workshop, Efficiency (Additional), Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Net Sq Ft: 1600.00
  • Price Per Sq Ft: 436.88
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Area: 5000
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 20100.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5194512
  • Assessor Parcel Number: 334-13.20-131.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 10, 2013
Sold by
Carpenter Justine G and Waters Zegna Justine
Bought by
Covas Jude J
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%
Current Estimated Value
$1,803,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,035
Avg. Annual Appreciation
8.64%
Original Mortgage
$417,000
Outstanding Balance
$296,681
Interest Rate
3.57%
Estimated Equity
$1,506,354

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 6, 2013
Sold by
Carpenter Justine G and Waters Zegna Justine
Bought by
Covas Jude J
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$296,681
Interest Rate
3.57%
Estimated Equity
$1,506,354
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
Covas Jude J $635,000 --
Covas Jude J $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covas Jude J $417,000
Closed Covas Jude J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $635,000 -9.2% $397 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $699,000 -- $437 / Sq Ft
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 $3,104 $14,250 $7,500 $6,750
2024 $702 $14,250 $7,500 $6,750
2023 $702 $14,250 $7,500 $6,750
2022 $677 $14,250 $7,500 $6,750
2021 $671 $14,250 $7,500 $6,750
2020 $669 $14,250 $7,500 $6,750
2019 $670 $14,250 $7,500 $6,750
2018 $626 $14,250 $0 $0
2017 $599 $14,250 $0 $0
2016 $569 $14,250 $0 $0
2015 $544 $14,250 $0 $0
2014 $540 $14,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maggio

    Seller's Agent in 2013

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    38 in this area

    94 Total Sales

    Joseph Maggio
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Map

Source: Bright MLS

MLS Number: 1000972250

Bright MLS

APN: 334-13.20-131.00

Delaware Sussex County Rehoboth Beach 19971

159 Columbia Ave, Rehoboth Beach, DE

Not Listed for Sale

Detached

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