NOT LISTED FOR SALE

204 Jersey St Dewey Beach, DE 19971

Estimated Value: $948,026 - $1,565,000

3 Beds
1.5 Baths
1,200 Sq Ft
$1,077/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $1,500,000 $1,250 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,826/month

6 Days on Market

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Rehoboth Elementary School Rated A
  • Public Beach
  • No HOA

About This Home

As of July 2023

Dewey Beach! A must-see vintage home on an oversized lot on Jersey St. This property features many options! You can renovate and expand the excising home, or you can rent the home in its present condition while you plan for a newly constructed home of your dreams. This property is located in the highly sought after community of Rehoboth by the Sea. This homesite is at the end of Jersey St. so there's no throughfare traffic. The oversized lot size is 6,000 sq' (typical lot is 5,000sq') and is owned fee simple (you own) so there's no lot rent. The additional square footage of the lot allows for a larger home to be built and plenty additional space for your inground pool! Ideally located at the north end of Dewey so it's an easy walk to any location in Dewey and a very short walk into Rehoboth. The spring market is very active, and inventory is very low so you better hurry before this one gets away!!! Dewey Beach, where dreams become a reality!!

Last Agent to Sell the Property

JOSEPH CHOMA

(302) 227-6101 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 04/28/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bob Walsh

(302) 227-8146 bob.beachchief.walsh@gmail.com BAY COAST REALTY License #RS-0019816

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1971

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59.00 x 109.00
  • Home fronts navigable water
  • Public Beach
  • Cul-De-Sac
  • Back, Front, and Side Yard
  • Property is zoned TN

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Dining Room
  • Screened Porch

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Personal Watercraft
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted

Schools

  • Cape Henlopen High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 334-20.09-183.00

Community Details

Overview

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$816

Year Built

Built in 1971

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Screened Porch
  • Basement: No
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 1375.00
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Sail, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: CAPE HENLOPEN

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 59.00 x 109.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 640.00
  • Tax Annual Amount: 816.00
  • Assessor Parcel Number: 334-20.09-183.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 6, 2023
Sold by
Cullather-Popkin Jacqueline L
Bought by
Loblolly Pines Llc
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bob Walsh
BAY COAST REALTY
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Views
65
Current Estimated Value
$1,292,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,493
Avg. Annual Appreciation
-5.54%
Original Mortgage
$1,125,000
Outstanding Balance
$1,092,386
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$200,121

Purchase Details

Closed on
Nov 15, 2010
Bought by
Cullather Popkins Jacqueline L

Purchase Details

Closed on
Nov 5, 2010
Bought by
Cullather Popkins Jacqueline L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loblolly Pines Llc $1,500,000 None Listed On Document
Cullather Popkins Jacqueline L -- --
Cullather Popkins Jacqueline L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loblolly Pines Llc $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $1,500,000 -9.1% $1,250 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $1,650,000 -- $1,375 / Sq Ft
Source: Bright MLS

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 $2,020 $14,850 $5,350 $9,500
2024 $1,050 $14,850 $5,350 $9,500
2023 $1,050 $14,850 $5,350 $9,500
2022 $1,024 $14,850 $5,350 $9,500
2021 $1,018 $14,850 $5,350 $9,500
2020 $1,015 $14,850 $5,350 $9,500
2019 $994 $14,850 $5,350 $9,500
2018 $652 $14,850 $0 $0
2017 $625 $14,850 $0 $0
2016 $635 $14,850 $0 $0
2015 $608 $14,850 $0 $0
2014 $604 $14,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2040168

Bright MLS

APN: 334-20.09-183.00

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