NOT LISTED FOR SALE

20604 Bay Rd Rehoboth Beach, DE 19971

Estimated Value: $362,842 - $1,169,000

5 Beds
3.5 Baths
-- Sq Ft
0.27 Acres

Last Sold April 21, 2015

Last sale price $330,000

Est. 132% increase in value since last sale

Current estimated payment $4,397/month

164 Days on Market

Highlights

  • Coastal Architecture
  • Partially Wooded Lot
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of April 2015

Red 60 K. Investment opportunity available. 3 structures with 4 apt. have been rented recently, all with separate entrances. Walking distance to the ocean and the bay. Quiet location just off of route 1 in the forgotten mile. Rental numbers based on the two active leases. leases expire on June 15th

Last Listed By

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 09/19/2014

Monument Sotheby's International Realty

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $1,715

Lot Details

  • 0.27 Acre Lot
  • Partially Wooded Lot

Home Design

  • Coastal Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Carport
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Utilities

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

Additional Features

  • Flood Risk
  • Single Wide

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.12-51.00

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$1,715

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Red 60 K. Investment opportunity available. 3 structures with 4 apt. have been rented recently, all with separate entrances. Walking distance to the ocean and the bay. Quiet location just off of route 1 in the forgotten mile. Rental numbers based on the two active leases. leases expire on June 15th
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 1
  • Room List: Laundry
  • Basement: No
  • Street Number Modifier: 20604

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Asbestos
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Dirt Driveway
  • Type Of Parking: Attached Carport, Off Street, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.27
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Porch(es), Screened

Rental Info

  • Total Actual Rent: 22800.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5201763
  • Assessor Parcel Number: 334-19.12-51.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/21/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Apr 20, 2015
Sold by
Palmer John A and Palmer Noel Marie
Bought by
Anderson Jack Wayne
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$330,000
Sold Price
$330,000
Total Days on Market
164
Current Estimated Value
$767,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,211
Avg. Annual Appreciation
7.16%

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
Anderson Jack Wayne $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Anderson Jack W $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $330,000 0.0% --
03/02/2015 03/02/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $330,000 -- --
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 $1,715 $13,750 $2,200 $11,550
2023 $1,714 $13,750 $2,200 $11,550
2022 $1,688 $13,750 $2,200 $11,550
2021 $1,681 $13,750 $2,200 $11,550
2020 $1,676 $13,750 $2,200 $11,550
2019 $1,612 $13,750 $2,200 $11,550
2018 $604 $13,750 $0 $0
2017 $578 $13,750 $0 $0
2016 $614 $13,750 $0 $0
2015 $590 $13,750 $0 $0
2014 $586 $13,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000985722

Bright MLS

APN: 334-19.12-51.00