Seller's Agent in 2022
DEBBIE REED
RE/MAX
(302) 227-3818
279 in this area
851 Total Sales
227 Swedes St Dewey Beach, DE 19971
Estimated Value: $712,000 - $1,256,000
3
Beds
2.5
Baths
1,600
Sq Ft
$618/Sq Ft
Est. Value
Highlights
- Bay View
- Deck
- Furnished
- Rehoboth Elementary School Rated A
- Property fronts the bay but unit may not have water views
- Den
About This Home
As of December 2022Spacious and bright 3 bedroom townhouse offering for beach lovers and investors alike! Enjoy an end unit location in Tree Tops, an established townhouse community with friendly neighbors, plenty of parking, and open space. Well cared for, this comfortably furnished and decorated beach home blends the best of casual elegance and stylish convenience. The first level floor plan offers a breakfast room, galley style kitchen, dining room, living room, and powder room. The breakfast room could easily be repurposed as a home office. Premium luxury vinyl plank floors in the living and dining rooms and Pergo flooring in the rest of the first floor make coming in from a day at the beach easy on wear and tear. Cozy wood-burning fireplace with custom shiplap surround. The living room opens to a private deck with an Azek outdoor shower enclosure with a bench. The second floor houses the 3 bedrooms plus 2 full baths. Primary bedroom features a bay view, vaulted ceiling, en suite bath, and a huge walk-in closet. Plenty of storage - inside and outside. One of the best locations in Dewey, this quiet neighborhood offers everything within walking distance: 2.5 blocks to the beach, 1 block to the bay with a boat/kayak launch, easy walk to restaurants/bars and shopping. Two assigned parking spaces directly in front of the home. Proven weekly rental. This turnkey property had nearly $45K in 2022 bookings across 17 guest stays ($52K in 2021 across 23 stays). An investor may benefit from an immediate cash flow to cover mortgage, insurance, taxes, utilities, or other expenses. Current owners have renovated and replaced nearly everything in this home in the last seven years including the roof, heat pump, AC fan and compressor, all appliances, all bathrooms, most furniture, lighting/other fixtures, and more. Fully encapsulated crawl space. Whether as a second home or rental property, this house is ready for anyone to drop their beach bags and relax!
Last Agent to Sell the Property
RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 11/30/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,607
Year Built
- Built in 1979
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 42.00 x 101.00
- Property fronts the bay but unit may not have water views
- Privacy Fence
- Back Yard Fenced
- Property is in excellent condition
HOA Fees
- $83 Monthly HOA Fees
Home Design
- Villa
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 1,600 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Combination Dining and Living Room
- Den
- Bay Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Outdoor Shower
- Deck
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-20.13-248.00
Community Details
Overview
- Association fees include trash, lawn maintenance
- Tree Tops Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2022
Closed on
Feb 18, 2023
Sold by
Bukzin Jay and Bukzin Tiffany Sotelo
Bought by
Bayside Bungalow Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Michael Terranova
Keller Williams Realty Wilmington
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,965
Avg. Annual Appreciation
6.36%
Original Mortgage
$648,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 30, 2022
Closed on
Dec 28, 2022
Sold by
Santry William L
Bought by
Bukzin Jay and Bukzin Tiffany Sotelo
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Michael Terranova
Keller Williams Realty Wilmington
List Price
$795,000
Sold Price
$810,000
Premium/Discount to List
$15,000
1.89%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2015
Closed on
Jun 5, 2015
Sold by
John R John R
Bought by
Santry William L and Boyle Anne E
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bayside Bungalow Llc | -- | -- | |
| Bukzin Jay | $810,000 | -- | |
| Santry William L | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bukzin Jay | $648,000 | |
| Previous Owner | Boyle Anne E | $306,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $810,000 | +1.9% | $506 / Sq Ft |
| 11/30/2022 11/30/22 | For Sale | $795,000 | +89.3% | $497 / Sq Ft |
| 06/05/2015 06/05/15 | Sold | $420,000 | -6.5% | -- |
| 05/11/2015 05/11/15 | Pending | -- | -- | -- |
| 03/23/2015 03/23/15 | For Sale | $449,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,607 | $26,150 | $7,100 | $19,050 |
| 2023 | $1,606 | $26,150 | $7,100 | $19,050 |
| 2022 | $1,561 | $26,150 | $7,100 | $19,050 |
| 2021 | $1,550 | $26,150 | $7,100 | $19,050 |
| 2020 | $1,545 | $26,150 | $7,100 | $19,050 |
| 2019 | $1,526 | $26,150 | $7,100 | $19,050 |
| 2018 | $1,148 | $26,150 | $0 | $0 |
| 2017 | $1,100 | $26,150 | $0 | $0 |
| 2016 | $1,073 | $26,150 | $0 | $0 |
| 2015 | $1,027 | $26,150 | $0 | $0 |
| 2014 | $1,019 | $26,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
Cyndi Marsh
Seller Co-Listing Agent in 2022
Cyndi Marsh
RE/MAX
(302) 363-5734
28 in this area
77 Total Sales
-
Michael Terranova
Buyer's Agent in 2022
Michael Terranova
Keller Williams Realty Wilmington
(302) 299-6621
1 in this area
127 Total Sales
-
D
Seller's Agent in 2015
DERRICK LINGO
Jack Lingo - Rehoboth
-
Tracy Kelley
Seller Co-Listing Agent in 2015
Tracy Kelley
Jack Lingo - Rehoboth
(302) 227-3883
25 in this area
40 Total Sales
-
Lee Ann Wilkinson
Buyer's Agent in 2015
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
224 in this area
1,907 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2032830
APN: 334-20.13-248.00
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