NOT LISTED FOR SALE

18916 Munchy Branch Rd Rehoboth Beach, DE 19971

Estimated Value: $509,000 - $1,094,000

3 Beds
2 Baths
1,300 Sq Ft
$593/Sq Ft Est. Value

Last Sold June 26, 2017

Last sale price $233,910 $180 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $4,422/month

293 Days on Market

Highlights

  • Rambler Architecture
  • Attic
  • Attached Garage
  • Rehoboth Elementary School Rated A
  • No HOA
  • Living Room

About This Home

As of June 2017

Location, location, location and Priced to sell. Well maintained home with endless possibilities and low taxes. 4 miles to the beach. Currently one of the most affordable single family homes in Rehoboth Beach & east of Route 1. Use as investment or personal beach home. Walking distance to grocery, restaurants & shopping.

Last Agent to Sell the Property

Irene Vrentzos

Coldwell Banker Realty License #RA-0020847 Listed on: 08/17/2016

Coldwell Banker Realty

Last Buyer's Agent

Irene Vrentzos

Coldwell Banker Realty License #RA-0020847 Listed on: 08/17/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Zoning described as COMMERCIAL/RESIDENTIAL

Parking

  • Attached Garage

Home Design

  • Rambler Architecture
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.00-8.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,760

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1974
  • Remarks Public: Location, location, location and Priced to sell. Well maintained home with endless possibilities and low taxes. 4 miles to the beach. Currently one of the most affordable single family homes in Rehoboth Beach & east of Route 1. Use as investment or personal beach home. Walking distance to grocery, restaurants & shopping.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic
  • Fireplace: No
  • Foundation Details: Pillar/Post/Pier, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 199.92
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18916

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Aluminum Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

  • Lot Size Acres: 0.34
  • Lot Size Units: Acres
  • Lot Sq Ft: 14810.00
  • Zoning Description: COMMERCIAL/RESIDENTIAL

Rental Info

  • Total Actual Rent: 15600.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5193889
  • Assessor Parcel Number: 334-13.00-8.01
  • County Tax Payment Frequency: Annually
  • Close Date: 06/26/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Jun 26, 2017
Sold by
Vrentzos George and Vrentzos Sotiroula
Bought by
Summerent Llc
Seller's Agent
Irene Vrentzos
Coldwell Banker Realty
Buyer's Agent
Irene Vrentzos
Coldwell Banker Realty
List Price
$239,900
Sold Price
$233,910
Premium/Discount to List
-$5,990
-2.5%
Total Days on Market
293
Current Estimated Value
$770,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,421
Avg. Annual Appreciation
17.42%
Source: Public Records

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Range of Values:

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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
Summerent Llc $467,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vrentzos George $135,000
Previous Owner Vrentzos George $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2017 06/26/17 Sold $233,910 -2.5% $180 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $239,900 -- $185 / 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 $1,760 $17,950 $2,250 $15,700
2023 $1,758 $17,950 $2,250 $15,700
2022 $1,697 $17,950 $2,250 $15,700
2021 $1,681 $17,950 $2,250 $15,700
2020 $1,676 $17,950 $2,250 $15,700
2019 $1,679 $17,950 $2,250 $15,700
2018 $788 $17,950 $0 $0
2017 $755 $17,950 $0 $0
2016 $717 $17,950 $0 $0
2015 $685 $17,950 $0 $0
2014 $680 $17,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Irene Vrentzos

    Seller's Agent in 2017

    Irene Vrentzos

    Coldwell Banker Realty

    (302) 249-5473

    3 in this area

    40 Total Sales

    Irene Vrentzos
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001020788

Bright MLS

APN: 334-13.00-8.01

Delaware Sussex County Rehoboth Beach 19971

18916 Munchy Branch Rd, Rehoboth Beach, DE

This home is located at 18916 Munchy Branch Rd, Rehoboth Beach, DE 19971 since 17 August 2016 and is currently estimated at $770,331, approximately $592 per square foot. This property was built in 1974. 18916 Munchy Branch Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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