NOT LISTED FOR SALE

20 Delaware Ave Rehoboth Beach, DE 19971

Estimated Value: $1,941,000 - $3,974,000

5 Beds
9 Baths
3,300 Sq Ft
$869/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $1,400,000 $424 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $17,367/month

293 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Ceiling Fan
  • Rehoboth Elementary School Rated A
  • Central Air
  • Carpet

About This Home

As of October 2016

LOCATION! LOCATION! LOCATION! REHOBOTH BEACH OCEAN BLOCK! Rare opportunity to own a piece of history and enjoy life 500 steps to the boardwalk and ocean in beautiful downtown Rehoboth. This spacious and charming turn-of-the-century beach-block home was one of six properties owned by Rehoboth's early founders, ?The Rehoboth Beach Camp Meeting Association". Currently configured & operated as a delightful B&B (license conveys), this historic home offers five bedrooms, seven full baths and two half-baths. In addition, the property features a separate, private cottage with its own kitchen and bath. This home can easily be converted into a stunning single family home with excellent rental income potential or can remain as a fully-licensed B&B. Sold partially furnished. Walk to everything. Leave the car parked in one of seven spots behind the home or two street spots. HOME WARRANTY INCLUDED. PROPERTY IS OUTSIDE OF FLOOD PLAIN. 50x100 Lot. Don't miss it!

Last Agent to Sell the Property

CHIQUI GAVILAN

Long & Foster Real Estate, Inc. Listed on: 10/26/2015

Co-Listed By

Guy Abernathey

Long & Foster Real Estate, Inc. License #RS-0023638

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Zoning described as COMMERCIAL/RESIDENTIAL

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 334-14.18-66.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: LOCATION! LOCATION! LOCATION! REHOBOTH BEACH OCEAN BLOCK! Rare opportunity to own a piece of history and enjoy life 500 steps to the boardwalk and ocean in beautiful downtown Rehoboth. This spacious and charming turn-of-the-century beach-block home was one of six properties owned by Rehoboth's early founders, ?The Rehoboth Beach Camp Meeting Association". Currently configured & operated as a delightful B&B (license conveys), this historic home offers five bedrooms, seven full baths and two half-baths. In addition, the property features a separate, private cottage with its own kitchen and bath. This home can easily be converted into a stunning single family home with excellent rental income potential or can remain as a fully-licensed B&B. Sold partially furnished. Walk to everything. Leave the car parked in one of seven spots behind the home or two street spots. HOME WARRANTY INCLUDED. PROPERTY IS OUTSIDE OF FLOOD PLAIN. 50x100 Lot. Don't miss it!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Net Sq Ft: 3300.00
  • Price Per Sq Ft: 453.03
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl 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: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Propane
  • 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: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Zoning Description: COMMERCIAL/RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197399
  • Tax Annual Amount: 1064.00
  • Assessor Parcel Number: 334-14.18-66.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/07/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Oct 7, 2016
Sold by
Sipes Gerald L and Turlinski Ronald Matthew
Bought by
Zoski Glenn David and Couzens Kirk Sarah
Seller's Agent
CHIQUI GAVILAN
Long & Foster Real Estate, Inc.
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Current Estimated Value
$3,150,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,750,182
Avg. Annual Appreciation
9.31%
Original Mortgage
$112,000
Interest Rate
3.94%

Purchase Details

Closed on
Oct 9, 1996
Bought by
Turlinski Ronald Matthew and Turlinski Gerald L
Source: Public Records

Range of Values:

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Average Value
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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
Zoski Glenn David $1,400,000 None Available
Turlinski Ronald Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Sarah C $1,047,500
Closed Turlinski Ronald Matthew $112,000
Closed Zoski Glenn David $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $1,400,000 -6.4% $424 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $1,495,000 -- $453 / 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 $1,429 $29,000 $12,500 $16,500
2023 $1,428 $29,000 $12,500 $16,500
2022 $1,378 $29,000 $12,500 $16,500
2021 $1,366 $29,000 $12,500 $16,500
2020 $1,362 $29,000 $12,500 $16,500
2019 $90 $29,000 $12,500 $16,500
2018 $1,274 $29,000 $0 $0
2017 $1,220 $29,000 $0 $0
2016 $693 $29,000 $0 $0
2015 $666 $29,000 $0 $0
2014 $1,099 $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001011516

Bright MLS

APN: 334-14.18-66.00