NOT LISTED FOR SALE

16 Jersey St Dewey Beach, DE 19971

Estimated Value: $1,884,000 - $3,019,000

5 Beds
4 Baths
-- Sq Ft
7,497 Sq Ft Lot

Last Sold December 03, 2018

Last sale price $1,570,000

Est. 53% increase in value since last sale

Current estimated payment $13,034/month

529 Days on Market

Highlights

  • Coastal Architecture
  • Deck
  • No HOA
  • Rehoboth Elementary School Rated A
  • 2 Fireplaces
  • Breakfast Area or Nook

About This Home

As of December 2018

Have your cake and eat it too! Hear the waves crash from this quintessential beach cottage (only steps from the ocean on a RARE lot and a half!), which has 4 bedrooms down (including 2 master suites), with 3 full baths, open living/kitchen arrangement, and to die for wrap around screened porch. Rent the downstairs for up to $40k income during the season and still use and enjoy a separate owner's apt. upstairs with great room, kitchenette, bedroom, full bath and a large deck, perfect for sunning & enjoying ocean breezes. Then, have the whole house for the family to enjoy the rest of the year! Nicely updated throughout the years with new bathrooms, kitchen appliances, new roof and new deck. Two outside showers! Perfectly situated close to Rehoboth Beach at the quiet north end of Dewey, it's a short walk or Jolly Trolley ride to both town attractions. Don't miss this chance to own a piece of history - formerly part of the original Dupont Estate and the set location for a hit movie!

Last Agent to Sell the Property

Christina Haag

(302) 227-3883 christina@jacklingo.com Jack Lingo - Rehoboth License #RS-001-4869 Listed on: 04/27/2017

Jack Lingo - Rehoboth

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1940

Lot Details

  • 7,497 Sq Ft Lot
  • Zoning described as TOWN CODES

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Wrap Around Porch

Schools

  • Rehoboth Elementary School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot -136.00
  • Assessor Parcel Number 3-34-20.10-136.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1940
  • Remarks Public: Have your cake and eat it too! Hear the waves crash from this quintessential beach cottage (only steps from the ocean on a RARE lot and a half!), which has 4 bedrooms down (including 2 master suites), with 3 full baths, open living/kitchen arrangement, and to die for wrap around screened porch. Rent the downstairs for up to $40k income during the season and still use and enjoy a separate owner's apt. upstairs with great room, kitchenette, bedroom, full bath and a large deck, perfect for sunning & enjoying ocean breezes. Then, have the whole house for the family to enjoy the rest of the year! Nicely updated throughout the years with new bathrooms, kitchen appliances, new roof and new deck. Two outside showers! Perfectly situated close to Rehoboth Beach at the quiet north end of Dewey, it's a short walk or Jolly Trolley ride to both town attractions. Don't miss this chance to own a piece of history - formerly part of the original Dupont Estate and the set location for a hit movie!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Washer
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Net Sq Ft: 2400.00
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle, Flat
  • 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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7497.00
  • Outdoor Living Structures: Deck(s), Wrap Around, Porch(es), Screened
  • Zoning: Q
  • Zoning Description: TOWN CODES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1431.00
  • Tax Annual Amount: 1600.00
  • Assessor Parcel Number: 3-34-20.10-136.00
  • Tax Lot: -136.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/03/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Dec 3, 2018
Sold by
Dudley-Blackood Janet L and Daigle Richard V
Bought by
3 By Sea Llc
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
Dustin Oldfather
Compass
List Price
$1,650,000
Sold Price
$1,570,000
Premium/Discount to List
-$80,000
-4.85%
Current Estimated Value
$2,404,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,148
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,000,000
Outstanding Balance
$881,021
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,523,127

Purchase Details

Closed on
Feb 5, 2015
Sold by
Janet Lee Janet Lee and Daigle Richard V
Bought by
Dudley Blackwood Janet Lee and Daigle Richard

Purchase Details

Closed on
Dec 9, 2014
Sold by
Janet Lee Janet Lee
Bought by
Dudley Blackwood Janet Lee and Daigle Richard

Purchase Details

Closed on
Feb 26, 2014
Sold by
Lee Janet Lee Janet
Bought by
Dudley Blackwood Janet Lee

Purchase Details

Closed on
Aug 19, 2013
Sold by
Dudly Blackwood Janet Lee
Bought by
Dudley Blackwood Janet Lee

Purchase Details

Closed on
Aug 16, 2013
Sold by
Dudly Blackwood Janet Lee
Bought by
Dudley Blackwood Janet Lee
Source: Public Records

Range of Values:

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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
3 By Sea Llc $1,570,000 --
Dudley Blackwood Janet Lee -- --
Dudley Blackwood Janet Lee -- --
Dudley Blackwood Janet Lee -- --
Dudley Blackwood Janet Lee -- --
Dudley Blackwood Janet Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 By Sea Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $1,570,000 -4.8% --
10/08/2018 10/08/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,650,000 0.0% --
06/05/2018 06/05/18 Price Changed $1,650,000 -5.7% --
04/04/2018 04/04/18 Price Changed $1,750,000 0.0% --
04/04/2018 04/04/18 For Sale $1,750,000 +11.5% --
01/29/2018 01/29/18 Off Market $1,570,000 -- --
10/23/2017 10/23/17 Price Changed $1,695,000 -3.2% --
09/26/2017 09/26/17 Price Changed $1,750,950 0.0% --
09/26/2017 09/26/17 For Sale $1,750,950 +11.5% --
09/14/2017 09/14/17 Off Market $1,570,000 -- --
04/27/2017 04/27/17 For Sale $1,875,000 -- --
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 $3,452 $38,050 $16,900 $21,150
2024 $2,194 $38,050 $16,900 $21,150
2023 $2,192 $38,050 $16,900 $21,150
2022 $2,127 $38,050 $16,900 $21,150
2021 $2,110 $38,050 $16,900 $21,150
2020 $2,104 $38,050 $16,900 $21,150
2019 $2,085 $38,050 $16,900 $21,150
2018 $1,671 $38,050 $0 $0
2017 $1,600 $38,050 $0 $0
2016 $1,573 $38,050 $0 $0
2015 $1,477 $37,300 $0 $0
2014 $1,466 $37,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001567180

Bright MLS

APN: 334-20.10-136.00