NOT LISTED FOR SALE

18437 Munchy Branch Rd Rehoboth Beach, DE 19971

Estimated Value: $189,865 - $558,000

-- Bed
-- Bath
-- Sq Ft
1,307 Sq Ft Lot

Last Sold September 28, 2012

Last sale price $145,000

Est. 159% increase in value since last sale

Current estimated payment $2,077/month

Highlights

  • Wooded Lot
  • Rambler Architecture
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of September 2012

Rare duplex with endless potential. Offer 2 units each having 2BR, 1 full bath, living room area, kitchen, front & backyards, with a full basement for storage. One tenant in place and the other unit ready for you to occupy or rent.

Last Agent to Sell the Property

Justin Healy

(302) 542-6610 justin.healy@oasir.net Monument Sotheby's International Realty License #RB-0003444 Listed on: 07/09/2012

Monument Sotheby's International Realty

Last Buyer's Agent

Nora Martin

(302) 542-0188 noramartin@remax.net NextHome Tomorrow Realty

NextHome Tomorrow Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $951

Lot Details

  • 1,307 Sq Ft Lot
  • Wooded Lot

Home Design

  • Duplex
  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-07.00-17.01-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Attic, Kitchen - Eat-In, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 1
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.03
  • Lot Size Units: Acres

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5210869
  • Assessor Parcel Number: 334-07.00-17.01-2
  • County Tax Payment Frequency: Annually
  • Close Date: 09/28/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Fratoni James A
Bought by
James A Fratoni Revocable Trust
Current Estimated Value
$375,466

Purchase Details

Listed on
Jul 9, 2012
Closed on
Oct 1, 2012
Sold by
Chaloupka Kevin G
Bought by
Fratoni James A
Seller's Agent
Justin Healy
Monument Sotheby's International Realty
Buyer's Agent
Nora Martin
NextHome Tomorrow Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$116,000
Interest Rate
3.59%

Purchase Details

Listed on
Jul 9, 2012
Closed on
Sep 28, 2012
Sold by
Chaloupka Kevin G
Bought by
Fratoni James A
Seller's Agent
Justin Healy
Monument Sotheby's International Realty
Buyer's Agent
Nora Martin
NextHome Tomorrow Realty
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.59%
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
James A Fratoni Revocable Trust -- --
Fratoni James A $145,000 --
Fratoni James A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fratoni James A $116,000
Previous Owner Fratoni James A $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $145,000 0.0% --
08/12/2012 08/12/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $145,000 -- --
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 $951 $19,750 $3,000 $16,750
2024 $973 $19,750 $3,000 $16,750
2023 $973 $19,750 $3,000 $16,750
2022 $939 $19,750 $3,000 $16,750
2021 $930 $19,750 $3,000 $16,750
2020 $927 $19,750 $3,000 $16,750
2019 $929 $19,750 $3,000 $16,750
2018 $867 $19,750 $0 $0
2017 $831 $19,750 $0 $0
2016 $789 $19,750 $0 $0
2015 $754 $19,750 $0 $0
2014 $748 $19,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001336576

Bright MLS

APN: 334-07.00-17.01