NOT LISTED FOR SALE

18692 Munchy Branch Rd Rehoboth Beach, DE 19971

Estimated Value: $570,000 - $609,000

4 Beds
2.5 Baths
2,240 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $350,000 $156 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,220/month

Highlights

  • 1.03 Acre Lot
  • Colonial Architecture
  • No HOA
  • Rehoboth Elementary School Rated A
  • Attic
  • Country Kitchen

About This Home

As of October 2017

Excellent Opportunity! Purchase a great property located on 1.03 lovely acres on Munchy Branch Road East of Rt 1 in Rehoboth Beach. Centrally located to everything the beach has to offer, shopping, restaurants, the Junction/Break Water Trail and more. This Nanticoke home's build is with 2 x 6 framing, has a large open kitchen with pantry and dining room combination and spacious living room. The four ample bedrooms offer plenty of space including a master with walk in closet and bath with tub and shower combination. There is much flexibility with this acre of land as it is zoned both commercial and residential. A great opportunity to live and have your own business, make it your residence or turn it into the business you've dreamed about, there is lots of room for parking and more. Property being sold in as is condition. Schedule your tour, TODAY! Shed and curtains/shades/rods and Not included in sale.

Last Agent to Sell the Property

Kathleen Engel

(302) 542-3846 kathy_engel@comcast.net RE/MAX Associates Listed on: 08/23/2016

RE/MAX Associates

Co-Listed By

Vid Lopez

(302) 542-2435 Vid@VidLopez.com RE/MAX Associates License #RA-0020281

Last Buyer's Agent

DAVID LURTY

(302) 745-0048 Lurtyteam@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0003398

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1998

Lot Details

  • 1.03 Acre Lot
  • Partially Fenced Property
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Modular or Manufactured Materials
  • Stick Built Home

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-32.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1998
  • Remarks Public: Excellent Opportunity! Purchase a great property located on 1.03 lovely acres on Munchy Branch Road East of Rt 1 in Rehoboth Beach. Centrally located to everything the beach has to offer, shopping, restaurants, the Junction/Break Water Trail and more. This Nanticoke home's build is with 2 x 6 framing, has a large open kitchen with pantry and dining room combination and spacious living room. The four ample bedrooms offer plenty of space including a master with walk in closet and bath with tub and shower combination. There is much flexibility with this acre of land as it is zoned both commercial and residential. A great opportunity to live and have your own business, make it your residence or turn it into the business you've dreamed about, there is lots of room for parking and more. Property being sold in as is condition. Schedule your tour, TODAY! Shed and curtains/shades/rods and Not included in sale.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Icemaker, Refrigerator, Oven/Range - Electric, Range Hood, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Kitchen - Country, Kitchen - Island, Combination Kitchen/Dining, Pantry, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Net Sq Ft: 2240.00
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18692

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn/Stable
  • Construction Materials: Modular/Manufactured, Stick Built, Aluminum Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt, Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel 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

  • 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: Partially
  • Lot Size Acres: 1.03
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Lot Sq Ft: 44867.00
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5192957
  • Assessor Parcel Number: 334-13.00-32.02
  • County Tax Payment Frequency: Annually
  • Close Date: 10/11/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 6, 2017
Sold by
Rogers Roy E and Rogers Kathleen
Bought by
Kelloggs Creations Llc
Seller's Agent
Kathleen Engel
RE/MAX Associates
Buyer's Agent
DAVID LURTY
Berkshire Hathaway HomeServices PenFed Realty
List Price
$499,000
Sold Price
$350,000
Premium/Discount to List
-$149,000
-29.86%
Current Estimated Value
$587,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,275
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Dec 21, 1999
Bought by
Rogers Roy E and Rogers Kathleen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelloggs Creations Llc $350,000 --
Rogers Roy E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2017 10/11/17 Sold $350,000 -29.9% $156 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $499,000 -- $223 / 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 $1,130 $21,400 $2,600 $18,800
2024 $1,055 $21,400 $2,600 $18,800
2023 $1,054 $21,400 $2,600 $18,800
2022 $1,017 $21,400 $2,600 $18,800
2021 $1,008 $21,400 $2,600 $18,800
2020 $1,005 $21,400 $2,600 $18,800
2019 $1,006 $21,400 $2,600 $18,800
2018 $940 $21,400 $0 $0
2017 $900 $21,400 $0 $0
2016 $855 $21,400 $0 $0
2015 $800 $20,950 $0 $0
2014 $794 $20,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001021038

Bright MLS

APN: 334-13.00-32.02