$1,525,000
SOLD OCT 21, 2024

203 Bayard Ave Rehoboth Beach, DE 19971

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

10% Below List Price

32 Days on Market

Highlights

  • Very Popular Property
  • Deck
  • Mediterranean Architecture
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Dune Nature Park

About This Home

As of October 2024

A unique Mediterranean style 3 bedroom, 2 bath home located in the heart of Rehoboth Beach. This property is steps to the restaurants, beach, shopping and all the area has to offer. Because of the location and style, the home has a great rental history and will continue to rent or can become a great home for a discerning buyer.
This property has an open floor plan and decks to enjoy the outside. The well decorated home is move in ready and can provide a great home on Day one.

Last Agent to Sell the Property

BRIAN CROWLEY

Crowley Associates Realty License #RB-0003018 Listed on: 08/07/2024

Co-Listed By

Mark D'ambrogi

Crowley Associates Realty

Last Buyer's Agent

Brian Barry

Jack Lingo - Rehoboth

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1997

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • East Facing Home
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Block Foundation
  • Stick Built Home
  • Stucco
  • Tile

Interior Spaces

  • Property has 1 Level
  • Furnished

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Brick Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Dwelling with Separate Living Area

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-366.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mediterranean, Dwelling W/Separate Living Area
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Personal Items, Back Dresser
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-07
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: A unique Mediterranean style 3 bedroom, 2 bath home located in the heart of Rehoboth Beach. This property is steps to the restaurants, beach, shopping and all the area has to offer. Because of the location and style, the home has a great rental history and will continue to rent or can become a great home for a discerning buyer. This property has an open floor plan and decks to enjoy the outside. The well decorated home is move in ready and can provide a great home on Day one.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

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: Stucco, Tile, Stick Built
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: Yes
  • Internet Services: Cable

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

  • Land Use Code: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • School Tax: 891.00
  • Tax Annual Amount: 1506.00
  • Assessor Parcel Number: 334-14.17-366.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/21/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 16, 2024
Sold by
Tamara W Green Revocable Trust and Green Joel H
Bought by
203 Bayard Ave Llc
Seller's Agent
BRIAN CROWLEY
Crowley Associates Realty
Buyer's Agent
Brian Barry
Jack Lingo - Rehoboth
List Price
$1,700,000
Sold Price
$1,525,000
Premium/Discount to List
-$175,000
-10.29%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.35%
Original Mortgage
$2,055,000
Outstanding Balance
$2,043,034
Interest Rate
6.2%
Mortgage Type
Construction
Estimated Equity
-$52,331

Purchase Details

Closed on
Oct 26, 2017
Sold by
Green Tamara W
Bought by
Green Tamara W

Purchase Details

Closed on
Nov 26, 2014
Sold by
Tamara W Tamara W and Green Joel H
Bought by
Green Tamara W and Green Joel H
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 Type Sale Price Title Company
Deed $1,525,000 None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,055,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $3,395,000 +122.6% $1,358 / Sq Ft
10/21/2024 10/21/24 Sold $1,525,000 -10.3% --
09/09/2024 09/09/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,700,000 -- --
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
2024 $981 $19,900 $7,500 $12,400
2023 $980 $19,900 $7,500 $12,400
2022 $946 $19,900 $7,500 $12,400
2021 $937 $19,900 $7,500 $12,400
2020 $934 $19,900 $7,500 $12,400
2019 $936 $19,900 $7,500 $12,400
2018 $874 $19,900 $0 $0
2017 $837 $19,900 $0 $0
2016 $795 $19,900 $0 $0
2015 $760 $19,900 $0 $0
2014 $754 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2067456

Bright MLS

APN: 334-14.17-366.00