20540 Washington St Rehoboth Beach, DE 19971
Estimated Value: $514,000 - $715,000
3
Beds
2
Baths
1,646
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Deck
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Vaulted Ceiling
- No HOA
About This Home
As of July 20222 Dwellings on 1 Lot in Rehoboth Beach ... WOW GREAT INVESTMENT OPPORTUNITY to own in Rehoboth Manor just 1/10 of a mile to Downtown Rehoboth and Dewey Beach. The "A" Frame Style Home is approx. 1,150 sq. ft. featuring 2 Upper Level Bedrooms with open concept on 1st Level and Full Bath. The Bungalow is approx. 500 sq.ft. with 1 Bedroom, Full Bath and a Deck great for relaxation. Ample Off street parking and Includes 2 Large Sheds which is perfect for all of your Beach Gear and outdoor toys! Both dwellings currently generating nearly $29K per year in rental income. Current tenants on month to month Leases. 24 Hour Notice required for showings. Contact me for your personal tour !
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,102
Year Built
- Built in 1970
Lot Details
- 7,841 Sq Ft Lot
- No Through Street
- Back Yard
- Property is zoned GR
Home Design
- A-Frame Home
- Bungalow
- Block Foundation
- Shingle Roof
- Wood Siding
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,646 Sq Ft Home
- Property has 2 Levels
- Vaulted Ceiling
- Family Room
- Living Room
- Storm Windows
Kitchen
- Galley Kitchen
- Range Hood
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- 6 Parking Spaces
- 6 Driveway Spaces
- Dirt Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Powered By Owned Propane
- Electric Water Heater
Community Details
- No Home Owners Association
- Rehoboth Manor Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-19.12-9.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Jul 7, 2022
Sold by
Savaliski Shelia A
Bought by
Lanning Sarah P
Seller's Agent
Lauren Smith
Keller Williams Realty
Buyer's Agent
David Hammond
Coldwell Banker Realty
List Price
$545,000
Sold Price
$522,500
Premium/Discount to List
-$22,500
-4.13%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,700
Avg. Annual Appreciation
3.09%
Original Mortgage
$275,000
Outstanding Balance
$264,815
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$305,316
Purchase Details
Closed on
Sep 12, 2019
Sold by
Schmidt Sharon and Savaliski Shelia
Bought by
Savaliski Shelia A and Deer April L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lanning Sarah P | $522,500 | Ridgway Law Group Llc | |
| Savaliski Shelia A | $158,203 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lanning Sarah P | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $522,500 | -4.1% | $317 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $545,000 | -- | $331 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,102 | $11,050 | $2,050 | $9,000 |
| 2023 | $1,102 | $11,050 | $2,050 | $9,000 |
| 2022 | $1,162 | $11,050 | $2,050 | $9,000 |
| 2021 | $1,157 | $11,050 | $2,050 | $9,000 |
| 2020 | $1,154 | $11,050 | $2,050 | $9,000 |
| 2019 | $1,112 | $11,050 | $2,050 | $9,000 |
| 2018 | $485 | $11,050 | $0 | $0 |
| 2017 | $465 | $11,050 | $0 | $0 |
| 2016 | $485 | $11,050 | $0 | $0 |
| 2015 | $465 | $11,050 | $0 | $0 |
| 2014 | $462 | $11,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Smith
Seller's Agent in 2022
Lauren Smith
Keller Williams Realty
(410) 245-9915
2 in this area
131 Total Sales
-
David Hammond
Buyer's Agent in 2022
David Hammond
Coldwell Banker Realty
(443) 366-2699
1 in this area
44 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2022444
APN: 334-19.12-9.00
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