$1,375,000
SOLD SEP 27, 2021

24 Brooklyn Ave Unit D Rehoboth Beach, DE 19971

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

Recently Sold

$724 Per Sq Ft

8% Below List Price

34 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of December 2023

GREAT REHOBOTH BEACH INVESTMENT PROPERTY - Rarely offered, 5 bedroom/ 3 Bath all one level 2nd floor condo located in the ocean block of Brooklyn St. in Rehoboth Beach and just 3 blocks off Rehoboth Avenue. Open floor plan with room for all, great screened porch off living room and open deck with limited views of the ocean. Just steps to the to the beach & boardwalk, you can park your car via 2 assigned parking spaces off Laurel St. and walk to everything in town. Building offers elevator, individual storage units for your beach chairs/toys and outside showers to rinse off from a day at the beach. Excellent rental return makes this a win win. Call today for your private tour before this one gets away.

Last Agent to Sell the Property

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904 Listed on: 05/14/2021

Jack Lingo - Rehoboth

Co-Listed By

Michael Bacher

Jack Lingo - Rehoboth

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 2000

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
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

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
  • Shore House Community
  • South Rehoboth Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,878

Year Built

Built in 2000

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
  • Exclusions: Artwork/Wall Hangings, Wooden furniture in LV room including 2 wooden chairs, Living room TV, Deck Furniture and Hallway White Rugs
  • Historic: No
  • Inclusions: All Furniture & Fixtures in Unit
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: GREAT REHOBOTH BEACH INVESTMENT PROPERTY - Rarely offered, 5 bedroom/ 3 Bath all one level 2nd floor condo located in the ocean block of Brooklyn St. in Rehoboth Beach and just 3 blocks off Rehoboth Avenue. Open floor plan with room for all, great screened porch off living room and open deck with limited views of the ocean. Just steps to the to the beach & boardwalk, you can park your car via 2 assigned parking spaces off Laurel St. and walk to everything in town. Building offers elevator, individual storage units for your beach chairs/toys and outside showers to rinse off from a day at the beach. Excellent rental return makes this a win win. Call today for your private tour before this one gets away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Dishwasher, Microwave, Water Heater, Dryer - Electric, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Carpet, Entry Level Bedroom, Floor Plan - Open, Window Treatments, Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • 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: 787.67
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1400.00
  • Condo Co-Op Fee Frequency: Quarterly
  • 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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Screened, Porch(es), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Total Actual Rent: 62905.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1094.00
  • Tax Annual Amount: 1878.00
  • Assessor Parcel Number: 334-14.18-87.00-D
  • Tax Total Finished Sq Ft: 1898
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/27/2021

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
Views
26
Current Estimated Value
$1,944,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,649
Avg. Annual Appreciation
5.23%

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

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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 Type Sale Price Title Company
Deed $1,695,000 None Listed On Document
Deed $1,375,000 None Available
Deed $825,000 --
Deed $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

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Map

Source: Bright MLS

MLS Number: DESU183036

Bright MLS

APN: 334-14.18-87.00-D