NOT LISTED FOR SALE

18 Christian St Rehoboth Beach, DE 19971

Estimated Value: $579,000 - $2,011,000

5 Beds
4 Baths
2,400 Sq Ft
$519/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,657,500 $691 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $7,039/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Furnished
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Dune Nature Park

About This Home

As of January 2022

Beautiful townhome in the heart of Rehoboth Beach. This 3- story (with 2 car garage) unit is very spacious with an entry-level guest suite and kitchen area with access to the yard The 2nd floor has a large kitchen with eat-in area and is open to the living room. There is a rear porch overlooking the common area and a nice front porch for additional dining. The second en-suite bedroom on the 3rd floor has vaulted ceilings and tiled shower. This is the perfect time to own in town Rehoboth! This unit is an excellent rental property and is almost fully booked for the 2022 season. Being offered furnished and ready for you to enjoy everything Rehoboth has to offer as you can walk to restaurants, tons of shopping, and enjoy the beach and boardwalk within 2.5 blocks.

Last Agent to Sell the Property

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875 Listed on: 11/26/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Chrisy Tingle

Keller Williams Realty License #RS-0023952

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 2003

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-337.00-18B

Community Details

Overview

  • Association fees include lawn maintenance

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,064

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful townhome in the heart of Rehoboth Beach. This 3- story (with 2 car garage) unit is very spacious with an entry-level guest suite and kitchen area with access to the yard The 2nd floor has a large kitchen with eat-in area and is open to the living room. There is a rear porch overlooking the common area and a nice front porch for additional dining. The second en-suite bedroom on the 3rd floor has vaulted ceilings and tiled shower. This is the perfect time to own in town Rehoboth! This unit is an excellent rental property and is almost fully booked for the 2022 season. Being offered furnished and ready for you to enjoy everything Rehoboth has to offer as you can walk to restaurants, tons of shopping, and enjoy the beach and boardwalk within 2.5 blocks.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Recessed Lighting, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room Count: 6
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 625.00
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18B

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stone
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 3000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Year Assessed: 1978
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Total Actual Rent: 87532.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1362.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2064.00
  • Assessor Parcel Number: 334-14.17-337.00-18B
  • County Tax Payment Frequency: Annually
  • Close Date: 01/05/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Feb 28, 2022
Sold by
Westbrook Christopher M
Bought by
Serenity Beach Holdings Llc
Seller's Agent
Melinda Ingram
Jack Lingo - Rehoboth
Buyer's Agent
Chrisy Tingle
Keller Williams Realty
List Price
$1,500,000
Sold Price
$1,657,500
Premium/Discount to List
$157,500
10.5%
Current Estimated Value
$1,246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$411,500
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Oct 2, 2018
Sold by
Relova Roderick M
Bought by
Morelli Joseph M
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
Serenity Beach Holdings Llc -- None Listed On Document
Morelli Joseph M $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parcher Laura Tuell $764,000
Previous Owner Relova Roderick M $634,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $1,657,500 +10.5% $691 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $1,500,000 -- $625 / 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
2024 -- $20,000 $20,000 $0
2023 $0 $20,000 $20,000 $0
2022 $939 $20,000 $20,000 $0
2021 $939 $20,000 $20,000 $0
2020 $939 $20,000 $20,000 $0
2019 $940 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2010010

Bright MLS

APN: 334-14.17-337.00