NOT LISTED FOR SALE

Estimated Value: $470,666 - $3,684,000

3 Beds
2.5 Baths
-- Sq Ft
10,000 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $3,995,000

Est. 39% decrease in value since last sale

Current estimated payment $13,477/month

4 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Cape Cod Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Premium Lot
  • Main Floor Bedroom

About This Home

As of June 2021

Do not miss out on this opportunity to be on one of the best streets in Rehoboth Beach! 17 Park Avenue consists of a 100' x 100' lot improved by a three bedroom, two and one half bath home. You will immediately sense the feel of old Rehoboth when you enter this classic beach cottage. A gracious front screened porch allows you to sit and enjoy the sights and sounds of the neighborhood known as "The Pines"! Just a short walk to the ocean beach and close to everything Rehoboth Beach and the coastal resorts have to offer. If you're looking for new, this property would allow a larger than normal new construction home with plenty of room for a pool. Go through the subdivision process with the town and have two buildable lots. There are so many possibilities to explore with this unique property!

Last Agent to Sell the Property

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220 Listed on: 05/21/2021

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

(302) 226-6658 monk0388@aol.com Jack Lingo - Rehoboth License #RS-0016097

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Premium Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Subdivision Possible
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Cape Cod Architecture
  • Cottage
  • Block Foundation
  • Wood Walls
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Partially Furnished
  • Beamed Ceilings
  • Wood Ceilings
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Outbuilding

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Powered By Owned Propane
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.09-170.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Artwork and some furniture
  • Inclusions: Most Furnishings and kitchen equipment.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-21
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Do not miss out on this opportunity to be on one of the best streets in Rehoboth Beach! 17 Park Avenue consists of a 100' x 100' lot improved by a three bedroom, two and one half bath home. You will immediately sense the feel of old Rehoboth when you enter this classic beach cottage. A gracious front screened porch allows you to sit and enjoy the sights and sounds of the neighborhood known as "The Pines"! Just a short walk to the ocean beach and close to everything Rehoboth Beach and the coastal resorts have to offer. If you're looking for new, this property would allow a larger than normal new construction home with plenty of room for a pool. Go through the subdivision process with the town and have two buildable lots. There are so many possibilities to explore with this unique property!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Carpet, Combination Dining/Living, Entry Level Bedroom, Exposed Beams, Pantry, Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Wood, Brick
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Wood Walls, Wood Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Storage Room, Bathroom 2, Full Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Partial, Interior Access
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding, Frame, Wood Siding
  • Exterior Features: Outbuilding(s), Outside Shower, Street Lights
  • Road Surface Type: Paved
  • Roof: Asphalt
  • 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: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

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
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Use Code: RS
  • Lot Features: Cleared, Front Yard, Premium, Rear Yard, Sideyard(s), Subdivision Possible
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 36000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1496.00
  • Tax Annual Amount: 2864.00
  • Assessor Parcel Number: 334-14.09-170.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/25/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 24, 2021
Sold by
Frances C Seeger T
Bought by
Oconnell Mary J and Oconnell John J
Seller's Agent
Terry Millman
Jack Lingo - Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$3,995,000
Sold Price
$3,995,000
Current Estimated Value
$2,443,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,551,111
Avg. Annual Appreciation
-10.61%
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
Oconnell Mary J $3,995,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $3,995,000 0.0% --
05/26/2021 05/26/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $3,995,000 -- --
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 $6,243 $35,200 $25,000 $10,200
2024 $1,996 $35,200 $25,000 $10,200
2023 $1,733 $35,200 $25,000 $10,200
2022 $1,673 $35,200 $25,000 $10,200
2021 $1,658 $35,200 $25,000 $10,200
2020 $1,653 $35,200 $25,000 $10,200
2019 $1,655 $35,200 $25,000 $10,200
2018 $1,546 $35,200 $0 $0
2017 $1,480 $35,200 $0 $0
2016 $1,406 $35,200 $0 $0
2015 $1,344 $35,200 $0 $0
2014 $1,334 $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU182420

Bright MLS

APN: 334-14.09-170.00