NOT LISTED FOR SALE

23 Saulsbury St Unit 1 Dewey Beach, DE 19971

Estimated Value: $262,969 - $885,000

3 Beds
2 Baths
1,222 Sq Ft
$570/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $875,000 $716 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,881/month

68 Days on Market

Highlights

  • Home fronts navigable water
  • Public Water Access
  • Building is oceanfront but unit may not have water views
  • Rehoboth Elementary School Rated A
  • Public Beach
  • Open Floorplan

About This Home

As of April 2024

Experience the quintessential charm of coastal Delaware in this cozy beach cottage. With 3 bedrooms and 2 baths, it's the perfect retreat for your seaside getaway. Enjoy the privacy of a spacious backyard patio , complete with a private outdoor shower to rinse off after a day at the beach. Just steps away from the ocean, you can savor breathtaking views and the soothing sound of waves.This cottage offers a delightful outdoor eating space, making it ideal for al fresco dining under the stars. When the sun sets, indulge in nearby entertainment options, whether it's dining at local restaurants or exploring the Dewey Beach entertainment nightlife. For the active traveler, there are plenty of sports activities in the area to keep you engaged.Convenience is key with two dedicated parking spaces, and you can rest easy knowing that the cottage boasts a new roof and an updated HVAC system. This beach retreat is not only comfortable but also exudes undeniable charm, making your stay truly adorable.This cozy beach cottage isn't just a delightful retreat; it's also a savvy investment opportunity. With an annual rental income of over $50,000, it offers a compelling return on investment. Whether you choose to enjoy it yourself or rent it out, this coastal Delaware gem provides both relaxation and financial benefits.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 10/31/2023

Compass

Co-Listed By

Sandra Thackston

(301) 351-2555 sandy@theoldfathergroup.com Compass License #609562

Last Buyer's Agent

Deniene Dailey

(302) 236-9092 denienedailey@gmail.com Dailey Dailey Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $736

Year Built

  • Built in 1964 | Remodeled in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • No Through Street
  • Land Lease expires in 52 years
  • Property is zoned 1974

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,222 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Paneling
  • Wainscoting
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Gravel Driveway
  • Shared Driveway

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Swimming Allowed
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.14-238.00-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$736

Year Built

Built in 1964 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, No Stairs
  • Ownership: Land Lease
  • Exclusions: Sellers personal belongings and a few other items
  • Historic: No
  • Inclusions: Being sold Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1964
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Experience the quintessential charm of coastal Delaware in this cozy beach cottage. With 3 bedrooms and 2 baths, it's the perfect retreat for your seaside getaway. Enjoy the privacy of a spacious backyard patio , complete with a private outdoor shower to rinse off after a day at the beach. Just steps away from the ocean, you can savor breathtaking views and the soothing sound of waves. This cottage offers a delightful outdoor eating space, making it ideal for al fresco dining under the stars. When the sun sets, indulge in nearby entertainment options, whether it's dining at local restaurants or exploring the Dewey Beach entertainment nightlife. For the active traveler, there are plenty of sports activities in the area to keep you engaged. Convenience is key with two dedicated parking spaces, and you can rest easy knowing that the cottage boasts a new roof and an updated HVAC system. This beach retreat is not only comfortable but also exudes undeniable charm, making your stay truly adorable. This cozy beach cottage isn't just a delightful retreat; it's also a savvy investment opportunity. With an annual rental income of over $50,000, it offers a compelling return on investment. Whether you choose to enjoy it yourself or rent it out, this coastal Delaware gem provides both relaxation and financial benefits.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Water Heater, Stove, Oven/Range - Electric, Dryer - Electric, Built-In Microwave
  • Flooring Type: Hardwood, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Tub Shower, Upgraded Countertops, Window Treatments, Built-Ins, Butlers Pantry, Combination Kitchen/Living, Flat, Kitchen - Table Space, Recessed Lighting, Stall Shower, Wainscotting, Wine Storage
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1222
  • Living Area Sq Ft: 1222
  • Price Per Sq Ft: 752.86
  • Above Grade Finished Sq Ft: 1222
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Frame, Shingle Siding, Wood Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access Features: Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone, Shared Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Water Available, Electric Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Condo Co-Op Name: Saulsbury Seaside
  • 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
  • Fencing: Partially, Privacy, Rear, Wood
  • Land Lease Amt Freq: Quarterly
  • Land Lease Years Remaining: 52
  • Land Use Code: RC
  • Lot Features: Landscaping, No Thru Street
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Year Assessed: 2023
  • Zoning: 1974
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 670.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 736.00
  • Assessor Parcel Number: 334-20.14-238.00-1
  • Tax Total Finished Sq Ft: 1222
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Apr 23, 2024
Sold by
Monks Lauren Kristine
Bought by
Gunn Michael Patrick and Gunn Marjorie
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Deniene Dailey
Dailey Dailey Real Estate
List Price
$990,000
Sold Price
$875,000
Premium/Discount to List
-$115,000
-11.62%
Views
326
Current Estimated Value
$696,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,008
Avg. Annual Appreciation
-14.80%
Source: Public Records

Range of Values:

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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
Gunn Michael Patrick $875,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $875,000 -4.9% $716 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
11/22/2023 11/22/23 Price Changed $920,000 -7.1% $753 / Sq Ft
10/31/2023 10/31/23 For Sale $990,000 -- $810 / 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 $2,230 $9,350 $0 $9,350
2024 $1,055 $9,350 $0 $9,350
2023 $1,055 $9,350 $0 $9,350
2022 $1,029 $9,350 $0 $9,350
2021 $1,023 $9,350 $0 $9,350
2020 $1,019 $9,350 $0 $9,350
2019 $999 $9,350 $0 $9,350
2018 $657 $14,950 $0 $0
2017 $629 $14,950 $0 $0
2016 $626 $14,950 $0 $0
2015 $540 $13,400 $0 $0
2014 $536 $13,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Oldfather

    Seller's Agent in 2024

    Dustin Oldfather

    Compass

    (302) 249-5899

    5 in this area

    1,489 Total Sales

    Dustin Oldfather
    Section Image
  • Sandra Thackston

    Seller Co-Listing Agent in 2024

    Sandra Thackston

    Compass

    (301) 351-2555

    1 in this area

    40 Total Sales

    Sandra Thackston
    Section Image
  • Deniene Dailey

    Buyer's Agent in 2024

    Deniene Dailey

    Dailey Dailey Real Estate

    (302) 236-9092

    1 in this area

    67 Total Sales

    Deniene Dailey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2050832

Bright MLS

APN: 334-20.14-238.00-1

Delaware Sussex County Dewey Beach 19971

23 Saulsbury St Unit 1, Dewey Beach, DE

This home is located at 23 Saulsbury St Unit 1, Dewey Beach, DE 19971 since 31 October 2023 and is currently estimated at $696,992, approximately $570 per square foot. This property was built in 1964. 23 Saulsbury St Unit 1 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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