NOT LISTED FOR SALE

206 Scarborough Ave Rehoboth Beach, DE 19971

Estimated Value: $1,649,000 - $2,451,000

5 Beds
3 Baths
2,000 Sq Ft
$974/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $1,100,000 $550 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,707/month

12 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • No HOA
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Dune Nature Park

About This Home

As of November 2018

If you are seeking a charming beach retreat or investment property in South Rehoboth, look no further. 206 Scarborough Ave offers the space you need with little maintenance. This 5 bedroom, 3 full bath home is in a prime South Rehoboth location just a few blocks to the beach and boardwalk yet only steps from Rehoboth Avenue and some of Rehoboth s finest restaurants and shopping. The property offers a welcoming and comfortable front screened porch complete with ceiling fans and tiled floor, spacious living area, large tiled kitchen complete with dining space and breakfast bar, large bedrooms with ample closet space and a master suite with private bath and a Jacuzzi tub. The exterior space of this home is just as ideal offering a private driveway for the convenience of off street parking, outdoor patio ideal for grilling and outdoor dining, outside shower, storage closet and a privacy fence. This property offers an impressive rental income and furnishings are negotiable!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/01/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1970

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Partially Fenced Property
  • Privacy Fence
  • Property is in very good condition
  • Zoning described as Town Codes - Rehoboth

Home Design

  • Rambler Architecture
  • Cottage
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Central Vacuum
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Crawl Space
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

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

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 379.00
  • Assessor Parcel Number 334-14.17-379.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1970
  • Remarks Public: If you are seeking a charming beach retreat or investment property in South Rehoboth, look no further. 206 Scarborough Ave offers the space you need with little maintenance. This 5 bedroom, 3 full bath home is in a prime South Rehoboth location just a few blocks to the beach and boardwalk yet only steps from Rehoboth Avenue and some of Rehoboth s finest restaurants and shopping. The property offers a welcoming and comfortable front screened porch complete with ceiling fans and tiled floor, spacious living area, large tiled kitchen complete with dining space and breakfast bar, large bedrooms with ample closet space and a master suite with private bath and a Jacuzzi tub. The exterior space of this home is just as ideal offering a private driveway for the convenience of off street parking, outdoor patio ideal for grilling and outdoor dining, outside shower, storage closet and a privacy fence. This property offers an impressive rental income and furnishings are negotiable!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer - Electric, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Attic/House Fan, Ceiling Fan(s), Central Vacuum, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Primary Bath(s), Pantry, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Kitchen, Family Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 547.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Propane, Phone Connected
  • Water Source: Public
  • Municipal Trash: Yes

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: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels: No
  • Fencing: Privacy, Partially
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: Q
  • Zoning Description: Town Codes - Rehoboth
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 51050.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1592.00
  • Assessor Parcel Number: 334-14.17-379.00
  • Tax Lot: 379.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/15/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Scarborough Joseph M and Scarborough Meliss A
Bought by
202 Scarborough Ave Llc
Current Estimated Value
$1,947,085

Purchase Details

Listed on
Sep 1, 2018
Closed on
Nov 15, 2018
Sold by
Sandelin Properties 2 Llc
Bought by
Scarborough Joseph M and Scarborough Melissa B
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$1,095,000
Sold Price
$1,100,000
Premium/Discount to List
$5,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$770,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2010
Bought by
Sandelin Properties Ii Llc

Purchase Details

Closed on
May 14, 2010
Bought by
Sandelin Properties Ii Llc
Source: Public Records

Range of Values:

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Average Value
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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
202 Scarborough Ave Llc -- --
Scarborough Joseph M $1,100,000 --
Sandelin Properties Ii Llc $770,000 --
Sandelin Properties Ii Llc $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 206 Searborough Ave Llc $695,000
Previous Owner Scarborough Joseph M $770,000
Previous Owner Sandelin Properties Ii Llc $545,000
Previous Owner Sandlin Properties Ii Llc $565,000
Previous Owner Sandelin Properties Ii Llc $567,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $1,100,000 +0.5% $550 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $1,095,000 -- $548 / 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 $1,427 $28,950 $7,500 $21,450
2023 $1,426 $28,950 $7,500 $21,450
2022 $1,376 $28,950 $7,500 $21,450
2021 $1,363 $28,950 $7,500 $21,450
2020 $1,359 $28,950 $7,500 $21,450
2019 $1,361 $28,950 $7,500 $21,450
2018 $1,271 $28,950 $0 $0
2017 $1,217 $28,950 $0 $0
2016 $1,156 $28,950 $0 $0
2015 $1,105 $28,950 $0 $0
2014 $1,097 $28,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002335824

Bright MLS

APN: 334-14.17-379.00