$425,000
SOLD FEB 26, 2020

21160 Bayview Rd Rehoboth Beach, DE 19971

3 Beds
2.5 Baths
-- Sq Ft
0.29 Acres

Recently Sold

5% Below List Price

63 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Cottage
  • Rehoboth Elementary School Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of February 2023

Cute 1960's cottage on over-sized corner lot offering lots of light near Marina in Bay Vista. Many options available: Move right in or renovate this home and have one floor living on a large lot with potential for a pool, garage, or outbuildings. Original hardwood floors, LR with electric fireplace (formerly wood burning and may be able to convert back), separate dining room and large family room. Hard to find a single family home at this price this close to Rehoboth Beach town center and the beach. Other options include developing the site: You could remove the home, subdivide the lot into two lots measuring 62.5x100 and then build for yourself and develop or sell off adjacent lot. Or you could remove the home, subdivide the lot into two lots, one 75x100 and one 50x100 and build a large home, then develop or sell off additional lot. Corner lot offers lots of light. Quiet area close to the Bay Vista marina. Come see the potential

Last Agent to Sell the Property

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 11/27/2019

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

Terry MURRAY

(302) 539-1777 tmurray@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 125.00 x 100.00
  • Corner Lot
  • Property is zoned AR-1

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cottage
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well

Additional Features

  • Shed
  • Flood Risk

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-76.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-11-27
  • Federal Flood Zone: Yes
  • Year Built: 1963
  • Remarks Public: Cute 1960's cottage on over-sized corner lot offering lots of light near Marina in Bay Vista. Many options available: Move right in or renovate this home and have one floor living on a large lot with potential for a pool, garage, or outbuildings. Original hardwood floors, LR with electric fireplace (formerly wood burning and may be able to convert back), separate dining room and large family room. Hard to find a single family home at this price this close to Rehoboth Beach town center and the beach. Other options include developing the site: You could remove the home, subdivide the lot into two lots measuring 62.5x100 and then build for yourself and develop or sell off adjacent lot. Or you could remove the home, subdivide the lot into two lots, one 75x100 and one 50x100 and build a large home, then develop or sell off additional lot. Corner lot offers lots of light. Quiet area close to the Bay Vista marina. Come see the potential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21160

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.29
  • Lot Dimensions: 125.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Year Assessed: 2019
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 700.00
  • Tax Annual Amount: 773.00
  • Assessor Parcel Number: 334-19.16-76.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/26/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 26, 2020
Sold by
Butterly Thomas J Est
Bought by
Weikel John and Weikel Lisa
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Terry MURRAY
Coldwell Banker Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$708,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,966
Avg. Annual Appreciation
9.57%
Original Mortgage
$340,000
Outstanding Balance
$301,119
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$407,847
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 Type Sale Price Title Company
Executors Deed $425,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $342,500 -11.0% --
12/28/2022 12/28/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $385,000 -7.2% --
09/01/2022 09/01/22 For Sale $415,000 -2.4% --
02/26/2020 02/26/20 Sold $425,000 -5.3% --
01/30/2020 01/30/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $449,000 -- --
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 $1,283 $16,450 $6,250 $10,200
2024 $712 $16,450 $6,250 $10,200
2023 $687 $16,450 $6,250 $10,200
2022 $782 $16,450 $6,250 $10,200
2021 $775 $16,450 $6,250 $10,200
2020 $772 $16,450 $6,250 $10,200
2019 $445 $16,450 $6,250 $10,200
2018 $420 $16,450 $0 $0
2017 $405 $16,450 $0 $0
2016 $393 $16,450 $0 $0
2015 $378 $16,450 $0 $0
2014 $371 $16,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152068

Bright MLS

APN: 334-19.16-76.00