NOT LISTED FOR SALE

20854 Coastal Hwy Unit 2 Rehoboth Beach, DE 19971

Estimated Value: $271,931 - $428,000

1 Bed
1 Bath
375 Sq Ft
$976/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $190,000 $507 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,126/month

Highlights

  • Bungalow
  • Picnic Area
  • Electric Baseboard Heater
  • Rehoboth Elementary School Rated A
  • Ceramic Tile Flooring
  • Dogs and Cats Allowed

About This Home

As of May 2021

Always dreamed of your own little private beach bungalow or rental, walking distance to the best nightlife Dewey Beach has to offer? Now's your chance with this ready to be remodeled beach retreat. Priced to sell for a prime location, this home sits in the rarely available community of Kings Row. There is a central courtyard for relaxing with friends and neighbors, and doing a little grilling for summer cookouts. If you want to venture to Rehoboth Avenue and the Boardwalk, that's only 2 miles away! It really is next to impossible to find a bungalow priced this low this close to all the reasons people love coming to Southern Delaware - the beaches, restaurants, stores and nightlife! Schedule your showing and start planning how you're going to create your special private beach getaway!

Last Agent to Sell the Property

Nitan Soni

(302) 747-3333 nitan@coachatthecoast.com Northrop Realty License #RA-0030967 Listed on: 03/16/2021

Northrop Realty

Co-Listed By

Michael Getzlaff

(302) 515-5711 michaelg@coachatthecoast.com The Lisa Mathena Group, Inc. License #RS-0025377

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $345

Lot Details

  • Property is zoned C-1

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Bungalow
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 375 Sq Ft Home
  • Property has 1.5 Levels

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-212.00-2

Community Details

Overview

  • Association fees include common area maintenance, insurance, trash
  • Kings Row Community
  • Poynters Addition Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$345

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Inclusions: Construction Materials within the home
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Always dreamed of your own little private beach bungalow or rental, walking distance to the best nightlife Dewey Beach has to offer? Now's your chance with this ready to be remodeled beach retreat. Priced to sell for a prime location, this home sits in the rarely available community of Kings Row. There is a central courtyard for relaxing with friends and neighbors, and doing a little grilling for summer cookouts. If you want to venture to Rehoboth Avenue and the Boardwalk, that's only 2 miles away! It really is next to impossible to find a bungalow priced this low this close to all the reasons people love coming to Southern Delaware - the beaches, restaurants, stores and nightlife! Schedule your showing and start planning how you're going to create your special private beach getaway!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Ceramic Tile, Carpet
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 375
  • Living Area Sq Ft: 375
  • Price Per Sq Ft: 466.67
  • Above Grade Finished Sq Ft: 375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20854

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 75.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Picnic Area, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203176
  • School Tax: 312.00
  • Tax Annual Amount: 345.00
  • Assessor Parcel Number: 334-20.09-212.00-2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/14/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 14, 2021
Sold by
Cheatham Norma J
Bought by
Schuster Joshua M and Mschuster Holly
Seller's Agent
Nitan Soni
Northrop Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$175,000
Sold Price
$190,000
Premium/Discount to List
$15,000
8.57%
Current Estimated Value
$365,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,983
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Sumlin Emory N
Bought by
Sumlin Norma J
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
Schuster Joshua M $190,000 None Available
Sumlin Norma J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $190,000 +8.6% $507 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $175,000 -- $467 / 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
2025 $1,333 $4,300 $0 $4,300
2024 $681 $4,300 $0 $4,300
2023 $681 $4,300 $0 $4,300
2022 $668 $4,300 $0 $4,300
2021 $665 $4,300 $0 $4,300
2020 $663 $4,300 $0 $4,300
2019 $642 $4,300 $0 $4,300
2018 $323 $7,350 $0 $0
2017 $309 $7,350 $0 $0
2016 $322 $7,350 $0 $0
2015 $309 $7,350 $0 $0
2014 $307 $7,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nitan Soni

    Seller's Agent in 2021

    Nitan Soni

    Creig Northrop Team of Long & Foster

    (302) 747-3333

    20 in this area

    210 Total Sales

    Nitan Soni
    Section Image
  • Michael Getzlaff

    Seller Co-Listing Agent in 2021

    Michael Getzlaff

    The Lisa Mathena Group, Inc.

    (302) 515-5711

    3 in this area

    48 Total Sales

    Michael Getzlaff
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2021

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    221 in this area

    1,883 Total Sales

    Lee Ann Wilkinson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU179224

Bright MLS

APN: 334-20.09-212.00-2

Delaware Sussex County Rehoboth Beach 19971

20854 Coastal Hwy Unit 2, Rehoboth Beach, DE

This home is located at 20854 Coastal Hwy Unit 2, Rehoboth Beach, DE 19971 since 16 March 2021 and is currently estimated at $365,983, approximately $975 per square foot. 20854 Coastal Hwy Unit 2 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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