NOT LISTED FOR SALE

18897 Munchy Branch Rd Rehoboth Beach, DE 19971

Estimated Value: $374,000 - $477,000

3 Beds
2 Baths
1,092 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $292,000 $267 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,362/month

7 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of September 2020

Welcome to this 3 bedroom, 2 full bath home, less than two miles to the beach and boardwalk. Enjoy the living room with hardwood flooring and a gas fireplace with brick surround. The kitchen has an adjacent dining area that opens up to the sun-filled 3 season room overlooking the spacious backyard, perfect for relaxing. Owners suite and two additional bedrooms and a full bath for guests and friends. Attached garage and a large driveway with space for multiple vehicles. Enjoy the community pool and low HOA fees, all convenient to shopping, dining and beach attractions. Ideal for your coastal home, getaway or investment property with proven rental income.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 07/06/2020

Compass

Co-Listed By

MARIYA OLDFATHER GROUP

(302) 249-6665 mariya@theoldfathergroup.com Compass

Last Buyer's Agent

Elizabeth Barnhart

(302) 236-3696 liz.barnhart@oasir.net Monument Sotheby's International Realty License #RS-0022510

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1980

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 164.00 x 102.00
  • Property is zoned GR

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Brick Fireplace
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1
  • Assessor Parcel Number 334-13.00-131.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s)
  • Beachfield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1980

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Personal artwork and some furnishing pieces.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-06
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Traditional, Primary Bath(s), Stall Shower, Tub Shower, Wood Floors, Window Treatments
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Primary Bathroom, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 258.24
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 440.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 14050.00
  • Land Assessed Value: 2000.00
  • Lot Size Acres: 0.38
  • Lot Dimensions: 164.00 x 102.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Total Actual Rent: 33000.00
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5191185
  • School Tax: 682.00
  • Tax Annual Amount: 754.00
  • Assessor Parcel Number: 334-13.00-131.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 31, 2020
Sold by
Joelle Denise Norwood Ret
Bought by
Burton Rebecca H and Burton Larry D
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
List Price
$282,000
Sold Price
$292,000
Premium/Discount to List
$10,000
3.55%
Current Estimated Value
$429,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,338
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Dec 10, 2003
Bought by
Norwood Joelle Denise (Trustee)
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burton Rebecca H $282,000 None Available
Norwood Joelle Denise (Trustee) $225,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $292,000 +3.5% $267 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $282,000 -- $258 / 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 $805 $16,050 $2,000 $14,050
2024 $791 $16,050 $2,000 $14,050
2023 $790 $16,050 $2,000 $14,050
2022 $763 $16,050 $2,000 $14,050
2021 $756 $16,050 $2,000 $14,050
2020 $754 $16,050 $2,000 $14,050
2019 $755 $16,050 $2,000 $14,050
2018 $705 $16,050 $0 $0
2017 $675 $16,050 $0 $0
2016 $641 $16,050 $0 $0
2015 $613 $16,050 $0 $0
2014 $608 $16,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164008

Bright MLS

APN: 334-13.00-131.00