NOT LISTED FOR SALE

24 Brooklyn Ave Unit D Rehoboth Beach, DE 19971

Estimated Value: $1,458,000 - $2,204,000

5 Beds
3 Baths
1,898 Sq Ft
$467/mo HOA Fee

Last Sold December 12, 2023

Last sale price $1,695,000 $893 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,907/month

7 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • Open Floorplan

About This Home

As of December 2023

Recently renovated and rarely available ocean block 5 bedroom, 3 full bath condo with rental income over $100,000! Just steps from the beach and boardwalk, shops and restaurants on Rehoboth Avenue, or a short ride on the Jolly Trolley to Dewey Beach, 24D Brooklyn Avenue has it all. Situated on the second floor of Shore House this condo is easily accessible by elevator and offers an open floor plan ideal for entertaining. The main living space features a spectacular kitchen with an oversized granite island that seats seven, stainless steel appliances, and tile backsplash. Adjacent to the kitchen is the living room and a wall of sliders providing an abundance of natural light and perfect flow for indoor/outdoor living. Relax on the screened porch or open deck and enjoy the ocean view and sound of ocean waves crashing. When you're ready to unwind, the spacious primary suite features a luxurious spa-like bath with soaking tub, dual vanity, tile shower. Four guest bedrooms, two full baths, laundry and two large storage closets complete this ocean block retreat. Additional amenities include outdoor showers, private outdoor storage closet, and two assigned parking spaces. This property is being sold fully furnished and ready to be your next beach home or investment property!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 11/17/2023

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Adam Linder

Northrop Realty License #RS-0022116

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 2000 | Remodeled in 2021

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,898 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Assigned parking located at #2
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Outbuilding
  • Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Building is oceanfront but unit may not have water views

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-87.00-D

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance
  • Low-Rise Condominium
  • Shorehouse Condominium Associaton Condos
  • Shore House Community
  • South Rehoboth Subdivision

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,878

Year Built

Built in 2000 | Remodeled in 2021

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Inclusions: All major appliances, fixtures and furnishings
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Year Renovated: 2021
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: No
  • Remarks Public: Recently renovated and rarely available ocean block 5 bedroom, 3 full bath condo with rental income over $100,000! Just steps from the beach and boardwalk, shops and restaurants on Rehoboth Avenue, or a short ride on the Jolly Trolley to Dewey Beach, 24D Brooklyn Avenue has it all. Situated on the second floor of Shore House this condo is easily accessible by elevator and offers an open floor plan ideal for entertaining. The main living space features a spectacular kitchen with an oversized granite island that seats seven, stainless steel appliances, and tile backsplash. Adjacent to the kitchen is the living room and a wall of sliders providing an abundance of natural light and perfect flow for indoor/outdoor living. Relax on the screened porch or open deck and enjoy the ocean view and sound of ocean waves crashing. When you're ready to unwind, the spacious primary suite features a luxurious spa-like bath with soaking tub, dual vanity, tile shower. Four guest bedrooms, two full baths, laundry and two large storage closets complete this ocean block retreat. Additional amenities include outdoor showers, private outdoor storage closet, and two assigned parking spaces. This property is being sold fully furnished and ready to be your next beach home or investment property!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer, Water Heater, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Entry Level Bedroom, Floor Plan - Open, Window Treatments, Upgraded Countertops, Ceiling Fan(s), Combination Kitchen/Dining, Elevator, Family Room Off Kitchen, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Screens
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1898
  • Living Area Sq Ft: 1898
  • Price Per Sq Ft: 893.05
  • Above Grade Finished Sq Ft: 1898
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Exterior Features: Outbuilding(s), Secure Storage
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1400.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Shorehouse Condominium Associaton
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Outdoor Living Structures: Screened, Porch(es), Deck(s)
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 105000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1094.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1878.00
  • Assessor Parcel Number: 334-14.18-87.00-D
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/12/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 12, 2023
Sold by
Lee James M and Lee Carrie M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Adam Linder
Northrop Realty
List Price
$1,695,000
Sold Price
$1,695,000
Total Days on Market
7
Views
26
Current Estimated Value
$1,842,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,876
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
May 14, 2021
Closed on
Sep 15, 2021
Sold by
Brown David B and Brown Gweneth B
Bought by
Lee James M and Lee Carrie M
Seller's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,495,000
Sold Price
$1,375,000
Premium/Discount to List
-$120,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Jan 9, 2004
Bought by
Brown David B Gweneth B Brown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $1,695,000 None Listed On Document
Lee James M $1,375,000 None Available
Brown David B Gweneth B Brown $825,000 --
Brown David B Gweneth B Brown $825,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $1,695,000 0.0% $893 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $1,695,000 +23.3% $893 / Sq Ft
09/27/2021 09/27/21 Sold $1,375,000 -8.0% $724 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,495,000 -- $788 / 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
2024 $1,617 $25,650 $0 $25,650
2023 $1,615 $25,650 $0 $25,650
2022 $1,559 $25,650 $0 $25,650
2021 $1,545 $25,650 $0 $25,650
2020 $1,540 $25,650 $0 $25,650
2019 $1,542 $25,650 $0 $25,650
2018 $1,440 $32,800 $0 $0
2017 $1,379 $32,800 $0 $0
2016 $1,310 $32,800 $0 $0
2015 $1,252 $32,800 $0 $0
2014 $1,243 $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2051492

Bright MLS

APN: 334-14.18-87.00-D