NOT LISTED FOR SALE

Estimated Value: $1,261,029 - $1,513,000

3 Beds
2 Baths
1,128 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $1,224,000 $1,085 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,557/month

4 Days on Market

Highlights

  • Guest House
  • Open Floorplan
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Rehoboth Canal Walk

About This Home

As of April 2024

"In Town" Rehoboth Beach opportunity! This ideal location is situated on a low traffic side street offering beautiful mature trees, easy parking and convenience to everything this popular resort town has to offer. The 1950's cottage is 3 bedrooms, 2 full baths, and situated on a 50'x 100' building lot. In addition, a rear building consists of two 1 bedroom, 1 bath units. This property has potential for a major renovation, or a nice setting for a new build. Existing structures are being sold in AS-IS condition.

Last Listed By

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 02/19/2024

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1950

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Downtown Location
  • Partially Fenced Property
  • Interior Lot
  • Back Yard
  • Property is zoned TN

Home Design

  • Cottage
  • Fixer Upper
  • Brick Exterior Construction
  • Asphalt Roof
  • Shake Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bay Window
  • Sliding Doors
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 2 Driveway Spaces
  • 1 Attached Carport Space

Additional Homes

  • Guest House

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 334-13.20-183.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,737

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Inclusions: Some furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: "In Town" Rehoboth Beach opportunity! This ideal location is situated on a low traffic side street offering beautiful mature trees, easy parking and convenience to everything this popular resort town has to offer. The 1950's cottage is 3 bedrooms, 2 full baths, and situated on a 50'x 100' building lot. In addition, a rear building consists of two 1 bedroom, 1 bath units. This property has potential for a major renovation, or a nice setting for a new build. Existing structures are being sold in AS-IS condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Bathroom - Stall Shower, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Main Floor
  • Total Sq Ft: 1128
  • Living Area Sq Ft: 1128
  • Price Per Sq Ft: 1062.94
  • Above Grade Finished Sq Ft: 1128
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Brick, Mixed, Shake Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Carport
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil, Electric
  • Heating Type: Hot Water, Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Fencing: Partially
  • Land Use Code: 999
  • Lot Features: Interior, Rear Yard
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1243.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1737.06
  • Assessor Parcel Number: 334-13.20-183.00
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 1128
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/11/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Cardinale Joseph A
Bought by
Costa Del Marva Llc
Total Days on Market
4
Current Estimated Value
$1,342,507

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 11, 2024
Sold by
Prettyman James W and Bonham Robert
Bought by
Cardinale Joseph
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,199,000
Sold Price
$1,224,000
Premium/Discount to List
$25,000
2.09%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$979,200
Interest Rate
6.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2003
Bought by
Prettyman James W and Robert Bonham

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
Costa Del Marva Llc -- None Listed On Document
Cardinale Joseph $1,224,000 None Listed On Document
Prettyman James W $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Del Marva Llc $2,044,000
Previous Owner Cardinale Joseph $979,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $1,224,000 +2.1% $1,085 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $1,199,000 -- $1,063 / 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 $1,368 $27,750 $3,750 $24,000
2023 $1,367 $27,750 $3,750 $24,000
2022 $1,319 $27,750 $3,750 $24,000
2021 $1,307 $27,750 $3,750 $24,000
2020 $1,303 $27,750 $3,750 $24,000
2019 $1,305 $27,750 $3,750 $24,000
2018 $1,219 $27,750 $0 $0
2017 $1,167 $27,750 $0 $0
2016 $1,108 $27,750 $0 $0
2015 $1,059 $27,750 $0 $0
2014 $1,051 $27,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2053096

Bright MLS

APN: 334-13.20-183.00