NOT LISTED FOR SALE

16 Park Ave Rehoboth Beach, DE 19971

Estimated Value: $507,611 - $4,267,000

5 Beds
4.5 Baths
3,475 Sq Ft
$829/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $2,250,000 $647 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,776/month

Highlights

  • Coastal Architecture
  • Deck
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of September 2017

16 Park Avenue is a few steps to the beach and sits amidst the Pines of Rehoboth Beach. This OCEAN BLOCK Retreat has 5 Bedrooms 1st & 2nd Floor Master Suites 4 1/2 Bathrooms, Upper Level Living Area Laundry on Both Levels, Gourmet Kitchen with Brand New Quartzite Countertops, Custom Cabinetry, Island with Breakfast Bar, Sub Zero/Wolfe Appliances, 2 Bosch Dishwashers, 2 Undermount Stainless Sinks, Walk-in Pantry, Ice Maker. Living area is accented by a stone surround Wood-Burning Fireplace & House Sound System, Front & Rear Upper & Lower Decks & Screened Porch Parking for 6+ Cars, Irrigation System, Landscaped Yard, Privacy Fence, 2 Outdoor Showers, Storage Shed & Outdoor Closet Offered Beautifully Furnished in a Coastal Decor. Call Today for a Private Tour.

Last Agent to Sell the Property

Bridget Touhey

(302) 339-6669 bridget.touhey@longandfoster.com Long & Foster Real Estate, Inc. License #RS-0015139 Listed on: 08/03/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2006

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is Fully Fenced
  • Sprinkler System
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,475 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Stone Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Municipal Trash

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.09-184.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • 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: 2006
  • Remarks Public: 16 Park Avenue is a few steps to the beach and sits amidst the Pines of Rehoboth Beach. This OCEAN BLOCK Retreat has 5 Bedrooms 1st & 2nd Floor Master Suites 4 1/2 Bathrooms, Upper Level Living Area Laundry on Both Levels, Gourmet Kitchen with Brand New Quartzite Countertops, Custom Cabinetry, Island with Breakfast Bar, Sub Zero/Wolfe Appliances, 2 Bosch Dishwashers, 2 Undermount Stainless Sinks, Walk-in Pantry, Ice Maker. Living area is accented by a stone surround Wood-Burning Fireplace & House Sound System, Front & Rear Upper & Lower Decks & Screened Porch Parking for 6+ Cars, Irrigation System, Landscaped Yard, Privacy Fence, 2 Outdoor Showers, Storage Shed & Outdoor Closet Offered Beautifully Furnished in a Coastal Decor. Call Today for a Private Tour.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Instant Hot Water, Microwave, Oven/Range - Gas, Washer
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Pantry, Entry Level Bedroom, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3475
  • Living Area Sq Ft: 3475
  • Net Sq Ft: 3475.00
  • Price Per Sq Ft: 661.58
  • Above Grade Finished Sq Ft: 3475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Stone Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Refuse: 250.00
  • Central Air Conditioning: No
  • Cooling Type: Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wood Burn Stove, Propane, Zoned
  • Heating: Yes
  • Security: Fire Detection System, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Fully
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5195274
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 334-14.09-184.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/29/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 15, 2017
Sold by
Fowler 3Rd Frederick L and Hutton-Fowler Ann
Bought by
Maloni William R and Maloni Heidi W
Seller's Agent
Bridget Touhey
Long & Foster Real Estate, Inc.
Buyer's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
List Price
$2,299,000
Sold Price
$2,250,000
Premium/Discount to List
-$49,000
-2.13%
Current Estimated Value
$2,881,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,204
Avg. Annual Appreciation
3.14%
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
Maloni William R $2,250,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $2,250,000 -2.1% $647 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $2,299,000 -- $662 / 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 $6,017 $55,700 $12,500 $43,200
2024 $2,745 $55,700 $12,500 $43,200
2023 $2,743 $55,700 $12,500 $43,200
2022 $2,647 $55,700 $12,500 $43,200
2021 $8 $55,700 $12,500 $43,200
2020 $2,615 $55,700 $12,500 $43,200
2019 $2,619 $55,700 $12,500 $43,200
2018 $2,446 $55,700 $0 $0
2017 $2,342 $55,700 $0 $0
2016 $2,225 $55,700 $0 $0
2015 $2,126 $55,700 $0 $0
2014 $2,110 $55,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bridget Touhey

    Seller's Agent in 2017

    Bridget Touhey

    Long & Foster

    (302) 339-6669

    5 in this area

    9 Total Sales

    Bridget Touhey
    Section Image
  • HENRY MCKAY

    Buyer's Agent in 2017

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    13 in this area

    24 Total Sales

    HENRY MCKAY
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001032062

Bright MLS

APN: 334-14.09-184.00

Delaware Sussex County Rehoboth Beach 19971

16 Park Ave, Rehoboth Beach, DE

This home is located at 16 Park Ave, Rehoboth Beach, DE 19971 since 03 August 2017 and is currently estimated at $2,881,204, approximately $829 per square foot. This property was built in 2006. 16 Park Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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