$899,000
UNDER CONTRACT

20663 Coastal Hwy Rehoboth Beach, DE 19971

Estimated payment $5,053/month

Total Views 29,086
3 Beds
1.5 Baths
1,690 Sq Ft
$532 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • No HOA
  • Central Heating and Cooling System
  • Rehoboth Elementary School Rated A
  • 2 Car Detached Garage
  • West Facing Home

About This Home

Great rental potential- 3 bedroom, 1-1/2 bath, Rt-1 Road frontage zoned town code property, 80-foot highway frontage, 150 feet deep; .27 acres adjacent to the Rehoboth Auto Repair shop. 2023 AADT was 38,970. 1690s/f heated space and a total of 2489s/f including full basement. Good opportunity for an investment rental, supply store, attorney or realty office, medical clinic, art studio, retail business, bike shop, or other business venture. Property being sold for the value of the property and rental potential with direct highway frontage. Multiple office/bedrooms, full kitchen, mud room, 2-season room, full basement, 2-car garage. Easy on and off. Sold as-is. Dwelling was recently leased as a residence. Purchaser is advised rooms are virtually staged for visualization.

Listing Agent

Thomas Lucks

Keller Williams Realty Listed on: 12/24/2024

Keller Williams Realty

Co-Listing Agent

William Lucks

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00 x 150.00
  • West Facing Home
  • Property is in average condition
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces

Home Design

  • Cape Cod Architecture
  • Permanent Foundation
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-6.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,050

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ALL As-is
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Great rental potential- 3 bedroom, 1-1/2 bath, Rt-1 Road frontage zoned town code property, 80-foot highway frontage, 150 feet deep; .27 acres adjacent to the Rehoboth Auto Repair shop. 2023 AADT was 38,970. 1690s/f heated space and a total of 2489s/f including full basement. Good opportunity for an investment rental, supply store, attorney or realty office, medical clinic, art studio, retail business, bike shop, or other business venture. Property being sold for the value of the property and rental potential with direct highway frontage. Multiple office/bedrooms, full kitchen, mud room, 2-season room, full basement, 2-car garage. Easy on and off. Sold as-is. Dwelling was recently leased as a residence. Purchaser is advised rooms are virtually staged for visualization.
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2390
  • Living Area Sq Ft: 1690
  • Price Per Sq Ft: 531.95
  • Above Grade Finished Sq Ft: 1690
  • Below Grade Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20663

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Road Surface Type: Black Top
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Central
  • 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
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Road Frontage
  • Lot Size Acres: 0.27
  • Lot Dimensions: 80.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 641.00
  • Tax Annual Amount: 1050.00
  • Assessor Parcel Number: 334-20.09-6.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $705 $14,300 $9,000 $5,300
2023 $704 $14,300 $9,000 $5,300
2022 $680 $14,300 $9,000 $5,300
2021 $673 $14,300 $9,000 $5,300
2020 $671 $14,300 $9,000 $5,300
2019 $672 $14,300 $9,000 $5,300
2018 $628 $14,300 $0 $0
2017 $601 $14,300 $0 $0
2016 $571 $14,300 $0 $0
2015 $546 $14,300 $0 $0
2014 $542 $14,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $899,000 -6.8% $532 / Sq Ft
12/24/2024 12/24/24 For Sale $965,000 -- $571 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $487,500 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: Bright MLS

MLS Number: DESU2076244

Bright MLS

APN: 334-20.09-6.00