NOT LISTED FOR SALE

20604 Bay Rd Rehoboth Beach, DE 19971

Estimated Value: $323,903 - $1,370,000

5 Beds
3.5 Baths
-- Sq Ft
0.27 Acres

Last Sold April 21, 2015

Last sale price $330,000

Est. 171% increase in value since last sale

Current estimated payment $4,931/month

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 Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 09/19/2014

Monument Sotheby's International Realty

Co-Listed By

KIM STOCKSON

(302) 227-6767 kim.stockson@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $2,282

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

$2,282

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
Current Estimated Value
$894,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,226
Avg. Annual Appreciation
10.02%
Source: Public Records

Range of Values:

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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

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
2025 $2,282 $13,750 $2,200 $11,550
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

  • Brian Barrows

    Seller's Agent in 2015

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    136 in this area

    382 Total Sales

    Brian Barrows
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    KIM STOCKSON

    OCEAN ATLANTIC SOTHEBYS

    (302) 227-6767

    KIM STOCKSON
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2015

    Dustin Oldfather

    Compass

    (302) 249-5899

    104 in this area

    1,490 Total Sales

    Dustin Oldfather
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000985722

Bright MLS

APN: 334-19.12-51.00

Delaware Sussex County Rehoboth Beach 19971

20604 Bay Rd, Rehoboth Beach, DE

This home is located at 20604 Bay Rd, Rehoboth Beach, DE 19971 since 19 September 2014 and is currently estimated at $894,226. 20604 Bay Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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