NOT LISTED FOR SALE

173 Columbia Ave Rehoboth Beach, DE 19971

Estimated Value: $2,622,000 - $3,090,823

5 Beds
6 Baths
3,152 Sq Ft
$918/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $2,550,000 $809 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,760/month

Highlights

  • Filtered Pool
  • Open Floorplan
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 3-minute walk to Grove Park

About This Home

As of March 2022

The Stunning "Blue Grove House" at the gateway to Rehoboth Beach City and steps to the Avenue. With all the luxuries you've come to expect, and more, from a Coastal California beach home in our Nation's Summer Capital. Created in 2018 by Rehoboth Beach's top home builder, McGregor Custom Homes, and it shows in every attention to detail the builder is known for from spacious + wide stairwells, gorgeous crown molding, coffered + valuated ceilings, shiplap and masterfully placed Anderson windows smartly letting the Sunshine in bringing smiles all around. Sitting at the heart of the west-end of the commercial district, everything your heart desires is steps away on Rehoboth Avenue’s renowned dining and shopping experiences. You'll enjoy coffee & breakfast at Rise Up and Egg Eatery on the circle, stroll through Grove Park and the Farmers market with a stop at the Rehoboth Museum and the newly built Canal Transportation Dock + Kayak Launch right at the Junction & Breakwater Trail’s in-town bike entrances, right outside your front door. Days we'll find you at the Ocean + Beaches with the sand in your toes with the Scenic Boardwalk a short 5 blocks down the Avenue. In the evenings, the world-famous Dogfish Head Craft Brewery beacons you along with countless dining & entertainment options such as the proposed move of the community gem, Clear Space Theater, to the East Circle and loads of entertainment for the entire family around town. A themed color LED lighting system celebrating holidays and special events wraps the home in blazing colors of infinite choice + lighting a path home to the Blue Grove House, elegantly visible all the way up Sussex Ave and from the Circle - you and your guests will know your headed back to your home. Don't forget your new private and secure backyard oasis sparkling and waiting for you at the end of, or instead of, a beach day with your custom heated inground saltwater Pool & Spa = Beach Home relaxation at its finest. Welcome to your new Rehoboth Beach City home and the best of everything, let the memories making begin! The Blue Grove House is available furnished for a turnkey move in and/or for the investor minded buyer. 2021 first year summer vacation rentals saw $142,000 income with more revenue opportunity for longer rental availability. Act today to ensure you beat the announced interest rate hikes and you’re in place and ready to capitalize on the equally strong and better rental demand for summer 2022.

Last Agent to Sell the Property

Christopher Carr

(855) 885-4663 support@simplechoicerealty.com HomeZu Listed on: 01/03/2022

Last Buyer's Agent

David Bediz

(202) 352-8456 info@bediz.com Keller Williams Realty License #RS0026279

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,439

Year Built

  • Built in 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Sprinkler System
  • Property is zoned RS

Home Design

  • Coastal Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring
  • Basement
  • Laundry in Basement
  • Attic

Kitchen

  • Six Burner Stove
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Electric Front Loading Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Permits For Spa

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by McGregor Custom Homes
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-126.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,439

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Portable outdoor shower does not convey. Outdoor Themed LED Lighting system is available for purchase.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Many furnishings are available - see price listing
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-01-10
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: The Stunning "Blue Grove House" at the gateway to Rehoboth Beach City and steps to the Avenue. With all the luxuries you've come to expect, and more, from a Coastal California beach home in our Nation's Summer Capital. Created in 2018 by Rehoboth Beach's top home builder, McGregor Custom Homes, and it shows in every attention to detail the builder is known for from spacious + wide stairwells, gorgeous crown molding, coffered + valuated ceilings, shiplap and masterfully placed Anderson windows smartly letting the Sunshine in bringing smiles all around. Sitting at the heart of the west-end of the commercial district, everything your heart desires is steps away on Rehoboth Avenue’s renowned dining and shopping experiences. You'll enjoy coffee & breakfast at Rise Up and Egg Eatery on the circle, stroll through Grove Park and the Farmers market with a stop at the Rehoboth Museum and the newly built Canal Transportation Dock + Kayak Launch right at the Junction & Breakwater Trail’s in-town bike entrances, right outside your front door. Days we'll find you at the Ocean + Beaches with the sand in your toes with the Scenic Boardwalk a short 5 blocks down the Avenue. In the evenings, the world-famous Dogfish Head Craft Brewery beacons you along with countless dining & entertainment options such as the proposed move of the community gem, Clear Space Theater, to the East Circle and loads of entertainment for the entire family around town. A themed color LED lighting system celebrating holidays and special events wraps the home in blazing colors of infinite choice + lighting a path home to the Blue Grove House, elegantly visible all the way up Sussex Ave and from the Circle - you and your guests will know your headed back to your home. Don't forget your new private and secure backyard oasis sparkling and waiting for you at the end of, or instead of, a beach day with your custom heated inground saltwater Pool & Spa = Beach Home relaxation at its finest. Welcome to your new Rehoboth Beach City home and the best of everything, let the memories making begin! The Blue Grove House is available furnished for a turnkey move in and/or for the investor minded buyer. 2021 first year summer vacation rentals saw $142,000 income with more revenue opportunity for longer rental availability. Act today to ensure you beat the announced interest rate hikes and you’re in place and ready to capitalize on the equally strong and better rental demand for summer 2022.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Built-In Microwave, Cooktop, Dryer - Front Loading, Six Burner Stove, Range Hood, Water Heater - Tankless
  • Interior Amenities: Attic, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Entry Level Bedroom, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Sprinkler System, Wine Storage, Wood Floors
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: Yes
  • Laundry Type: Basement, Upper Floor
  • Total Sq Ft: 3152
  • Living Area Sq Ft: 3152
  • Price Per Sq Ft: 1230.10
  • Above Grade Finished Sq Ft: 1947
  • Below Grade Finished Sq Ft: 1205
  • Total Below Grade Sq Ft: 1205
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 173

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Lawn Sprinkler, Street Lights
  • Pool Features: Filtered, In Ground, Saltwater
  • Roof: Composite
  • Spa Features: Private, Heated, Permits
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Under Ground, Phone Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: RS
  • In City Limits: Yes

Building Info

  • Builder Name: McGregor Custom Homes

Rental Info

  • Lease Considered: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 10187674
  • Tax Annual Amount: 2439.00
  • Assessor Parcel Number: 334-13.20-126.04
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Mar 15, 2022
Sold by
Barton Eric J
Bought by
Voorthuis Pierce and Pashpurov Juliette Voorthuis
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
David Bediz
Keller Williams Realty
List Price
$2,395,000
Sold Price
$2,550,000
Premium/Discount to List
$155,000
6.47%
Current Estimated Value
$2,894,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,274
Avg. Annual Appreciation
3.63%
Original Mortgage
$1,912,500
Outstanding Balance
$1,785,476
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,108,798

Purchase Details

Closed on
Jul 25, 2017
Sold by
Nailor Betty A and Mcdaniel Charlotte B
Bought by
Barton Eric J and Nagel Gregory C

Purchase Details

Closed on
Aug 29, 2015
Sold by
Estate Of Bob S Burton
Bought by
Burton Margaret I
Source: Public Records

Range of Values:

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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
Voorthuis Pierce $2,550,000 None Listed On Document
Barton Eric J $1,100,000 None Available
Burton Margaret I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voorthuis Pierce $1,912,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $2,550,000 +6.5% $809 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $2,395,000 -- $760 / 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 $4,980 $7,500 $7,500 $0
2024 $1,890 $7,500 $7,500 $0
2023 $1,889 $7,500 $7,500 $0
2022 $1,823 $7,500 $7,500 $0
2021 $1,806 $7,500 $7,500 $0
2020 $1,800 $7,500 $7,500 $0
2019 $1,803 $7,500 $7,500 $0
2018 $329 $7,500 $0 $0
2017 $315 $7,500 $0 $0
2016 $300 $7,500 $0 $0
2015 $286 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2012024

Bright MLS

APN: 334-13.20-126.04