NOT LISTED FOR SALE

20517 Washington St Rehoboth Beach, DE 19971

Estimated Value: $748,841 - $924,000

5 Beds
2.5 Baths
1,500 Sq Ft
$538/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $568,000 $379 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,538/month

93 Days on Market

Highlights

  • Second Kitchen
  • Coastal Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of April 2021

SIMULTANEOUSLY VACATION & COLLECT RENT. The versatility for a family compound, rent, reside, or redevelop. A scarce opportunity to own two homes under one roof. Walk or bike to the beach and other downtown Rehoboth venues & attractions without crossing Route One from 20517 Washington Street. Oversized 53 x 160 lot. Outside of City of Rehoboth Beach purview. Only County Code applies. No restrictions, no fees. 8/10 mile to the sand (as a gull flies).

Last Listed By

Skip Faust

Coldwell Banker Premier - Rehoboth License #RA-0002618 Listed on: 10/20/2020

Coldwell Banker Premier - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54.00 x 162.00
  • West Facing Home
  • Property is in average condition
  • Property is zoned GR

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Bar
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Powered By Owned Propane
  • Electric Baseboard Heater
  • 120/240V
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth Manor Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.12-17.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: SIMULTANEOUSLY VACATION & COLLECT RENT. The versatility for a family compound, rent, reside, or redevelop. A scarce opportunity to own two homes under one roof. Walk or bike to the beach and other downtown Rehoboth venues & attractions without crossing Route One from 20517 Washington Street. Oversized 53 x 160 lot. Outside of City of Rehoboth Beach purview. Only County Code applies. No restrictions, no fees. 8/10 mile to the sand (as a gull flies).
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Interior Amenities: 2nd Kitchen, Bar, Breakfast Area, Combination Dining/Living, Entry Level Bedroom
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2, Half Bath
  • Basement: No
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 396.67
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20517

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric, Propane - Owned
  • Heating Type: Baseboard - Electric, Space Heater
  • 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

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.20
  • Lot Dimensions: 54.00 x 162.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Property Condition: Average
  • Year Assessed: 2019
  • Zoning: GR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Total Actual Rent: 22000.00
  • Vacation Rental: Yes

Multi Family

  • Federal Flood Zone: X - Minimal

Tax Info

  • Assessor Parcel Number: 5201684
  • Tax Annual Amount: 726.00
  • Assessor Parcel Number: 334-19.12-17.00
  • Tax Year: 2019
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Kaldani Jason
Bought by
Rebe Realty Llc
Total Days on Market
93
Current Estimated Value
$807,210

Purchase Details

Listed on
Oct 20, 2020
Closed on
Apr 9, 2021
Sold by
Jones John W and Jones Kelly G
Bought by
Kaldani Jason
Seller's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Jill Cicierski
JC Realty Inc
List Price
$595,000
Sold Price
$568,000
Premium/Discount to List
-$27,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$539,600
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Rebe Realty Llc -- --
Kaldani Jason $568,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaldani Jason $539,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $568,000 -4.5% $379 / Sq Ft
10/20/2020 10/20/20 For Sale $595,000 -- $397 / 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 $747 $8,700 $2,050 $6,650
2023 $747 $8,700 $2,050 $6,650
2022 $732 $8,700 $2,050 $6,650
2021 $728 $8,700 $2,050 $6,650
2020 $726 $8,700 $2,050 $6,650
2019 $705 $8,700 $2,050 $6,650
2018 $382 $8,700 $0 $0
2017 $366 $8,700 $0 $0
2016 $386 $8,700 $0 $0
2015 $370 $8,700 $0 $0
2014 $368 $8,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166820

Bright MLS

APN: 334-19.12-17.00