NOT LISTED FOR SALE

23 Beach Ave Rehoboth Beach, DE 19971

Estimated Value: $2,154,411 - $2,306,000

4 Beds
2 Baths
2,600 Sq Ft
$861/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,100,000 $808 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,363/month

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • More Than Two Accessible Exits
  • Rehoboth Elementary School Rated A
  • Cottage
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of May 2024

This home is located at 23 Beach Ave, Rehoboth Beach, DE 19971 since 03 June 2024 and is currently estimated at $2,239,137, approximately $861 per square foot. This property was built in 1940. 23 Beach Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 06/03/2024

Jack Lingo - Lewes

Co-Listed By

Merritt Cooch

Jack Lingo - Lewes License #RS-0023847

Last Buyer's Agent

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 06/03/2024

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60.00 x 88.00
  • Property is zoned MR

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cottage
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Oil Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Community Details

  • Indian Beach Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 334-23.06-74.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,209

Year Built

Built in 1940

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Bathroom - Stall Shower, Wood Floors
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 807.69
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Oil
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.12
  • Lot Dimensions: 60.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Year Assessed: 2023
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1100.00
  • Tax Annual Amount: 1209.00
  • Assessor Parcel Number: 334-23.06-74.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/31/2024

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
May 1, 2024
Sold by
Allmond 1989 Trust and Allmond Nancy Louise
Bought by
Diamond Waves Llc
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$2,365,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,882
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
May 16, 1997
Bought by
Allmond Bayard Wheeler Jr Nancy L W
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 Buyer Sale Price Title Company
Diamond Waves Llc -- None Listed On Document
Allmond Bayard Wheeler Jr Nancy L W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayard W Allmond Jr Nancy L Allmond Trus $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 For Sale $2,100,000 0.0% $808 / Sq Ft
05/31/2024 05/31/24 Sold $2,100,000 -- $808 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
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
2024 $1,529 $24,550 $9,850 $14,700
2023 $1,528 $24,550 $9,850 $14,700
2022 $1,485 $24,550 $9,850 $14,700
2021 $1,475 $24,550 $9,850 $14,700
2020 $1,470 $24,550 $9,850 $14,700
2019 $1,450 $24,550 $9,850 $14,700
2018 $1,078 $24,550 $0 $0
2017 $1,032 $24,550 $0 $0
2016 $1,023 $24,550 $0 $0
2015 $980 $24,550 $0 $0
2014 $973 $24,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2063746

Bright MLS

APN: 334-23.06-74.00