NOT LISTED FOR SALE

202 Jersey St Dewey Beach, DE 19971

Estimated Value: $1,174,000 - $1,698,000

3 Beds
1.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $1,200,000

Est. 25% increase in value since last sale

Current estimated payment $8,141/month

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Rehoboth Elementary School Rated A
  • Public Beach
  • Open Floorplan

About This Home

As of March 2021

Fee Simple OVERSIZED lot, 6,000 square feet! Located in coveted Rehoboth by the Sea!! This charming year-round coastal cottage is move-in ready, just bring your toothbrush and start to enjoy the vibe of North Dewey Beach. Open concept Living, dining, kitchen areas and large front screened porch. Easy to open the living area up and expand it out into the front screened porch area for double the space -- add a screen porch on the back. Vaulted ceilings, hardwood floors throughout. Plenty of back yard space to add bedrooms or resort style pool. Move in now...expand or build new while collecting approximately $70K rent per year. High season weeks $4,200. Central heat and air, hardwood floors throughout, wood burning stove. Quiet dead end street in Rehoboth by the sea with only 6 houses! Parking for 3-4 cars.

Last Agent to Sell the Property

Bob Walsh

(302) 858-8462 bob.beachchief.walsh@gmail.com BAY COAST REALTY License #RS-0019816 Listed on: 11/06/2020

Co-Listed By

Bill Ferreri

(302) 236-1261 Bill@Bay-Coast.com BAY COAST REALTY

Last Buyer's Agent

Bob Walsh

(302) 858-8462 bob.beachchief.walsh@gmail.com BAY COAST REALTY License #RS-0019816 Listed on: 11/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1976

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59.00 x 104.00
  • Home fronts navigable water
  • Public Beach
  • North Facing Home
  • Partially Fenced Property
  • Landscaped
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Cottage
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Screened Patio
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 120/240V
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 334-20.09-182.00

Community Details

Overview

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 1976

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: King Bed. Queen Bed. Coffee Table.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: Fee Simple OVERSIZED lot, 6,000 square feet! Located in coveted Rehoboth by the Sea!! This charming year-round coastal cottage is move-in ready, just bring your toothbrush and start to enjoy the vibe of North Dewey Beach. Open concept Living, dining, kitchen areas and large front screened porch. Easy to open the living area up and expand it out into the front screened porch area for double the space -- add a screen porch on the back. Vaulted ceilings, hardwood floors throughout. Plenty of back yard space to add bedrooms or resort style pool. Move in now...expand or build new while collecting approximately $70K rent per year. High season weeks $4,200. Central heat and air, hardwood floors throughout, wood burning stove. Quiet dead end street in Rehoboth by the sea with only 6 houses! Parking for 3-4 cars.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Dining Area, Wood Floors, Family Room Off Kitchen, Exposed Beams, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Free Standing, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access Features: Fishing Allowed, Canoe/Kayak, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

  • Additional Parcels: No
  • Fencing: Partially
  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.14
  • Lot Dimensions: 59.00 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5203123
  • School Tax: 601.00
  • Tax Annual Amount: 664.00
  • Assessor Parcel Number: 334-20.09-182.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Mar 31, 2021
Sold by
Coastal Soul Llc
Bought by
Mcdermott Michael W and Mcdermot Jennifer P
Seller's Agent
Bob Walsh
BAY COAST REALTY
Buyer's Agent
Bob Walsh
BAY COAST REALTY
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$1,498,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,000
Avg. Annual Appreciation
5.05%
Original Mortgage
$960,000
Outstanding Balance
$866,764
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$631,236

Purchase Details

Closed on
Sep 11, 2020
Sold by
Schieck Marcia L
Bought by
Coastal Soul Llc

Purchase Details

Closed on
Jun 11, 2020
Sold by
Thomas Jan
Bought by
Schieck Marcia L

Purchase Details

Closed on
Sep 10, 1999
Bought by
Thomas Jan
Source: Public Records

Range of Values:

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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
Mcdermott Michael W $1,200,000 None Available
Coastal Soul Llc -- None Available
Schieck Marcia L $685,000 None Available
Thomas Jan $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Michael W $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,200,000 -7.3% --
11/06/2020 11/06/20 For Sale $1,295,000 -- --
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 $2,390 $14,150 $5,250 $8,900
2024 $1,016 $14,150 $5,250 $8,900
2023 $1,015 $14,150 $5,250 $8,900
2022 $991 $14,150 $5,250 $8,900
2021 $985 $14,150 $5,250 $8,900
2020 $982 $14,150 $5,250 $8,900
2019 $961 $14,150 $5,250 $8,900
2018 $621 $14,150 $0 $0
2017 $595 $14,150 $0 $0
2016 $607 $14,150 $0 $0
2015 $582 $14,150 $0 $0
2014 $578 $14,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Walsh

    Seller's Agent in 2021

    Bob Walsh

    BAY COAST REALTY

    (302) 858-8462

    9 in this area

    26 Total Sales

    Bob Walsh
    Section Image
  • Bill Ferreri

    Seller Co-Listing Agent in 2021

    Bill Ferreri

    BAY COAST REALTY

    (302) 236-1261

    4 in this area

    21 Total Sales

    Bill Ferreri
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU172792

Bright MLS

APN: 334-20.09-182.00

Delaware Sussex County Dewey Beach 19971

202 Jersey St, Dewey Beach, DE

This home is located at 202 Jersey St, Dewey Beach, DE 19971 since 06 November 2020 and is currently estimated at $1,498,000. This property was built in 1976. 202 Jersey St 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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