NOT LISTED FOR SALE

24C Brooklyn Ave Rehoboth Beach, DE 19971

Estimated Value: $1,540,163 - $2,721,000

5 Beds
3 Baths
3,800 Sq Ft
$340/mo HOA Fee

Last Sold September 29, 2017

Last sale price $1,010,000 $266 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $11,989/month

Highlights

  • Deck
  • Contemporary Architecture
  • Attic
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of September 2017

Remarkable and spacious ocean block condo with views has 5 bedrooms and 3 full baths with open kitchen, family room and dining area with an open, screened porch. Unit includes 2 off street parking spaces. Shared storage building with it's own locked shed space. Great rental income - already 22 reservations for the summer season.

Last Agent to Sell the Property

Karl Law

(302) 559-1019 lawkarl@verizon.net Patterson-Schwartz - Greenville Listed on: 04/08/2016

Patterson-Schwartz - Greenville

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 2000

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Parking Spaces Included

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Wood Flooring
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-14.18-87.00-C

Community Details

Overview

  • Low-Rise Condominium
  • South Rehoboth Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,121

Year Built

Built in 2000

Lot Details

0

HOA Fees

$340 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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2000
  • Remarks Public: Remarkable and spacious ocean block condo with views has 5 bedrooms and 3 full baths with open kitchen, family room and dining area with an open, screened porch. Unit includes 2 off street parking spaces. Shared storage building with it's own locked shed space. Great rental income - already 22 reservations for the summer season.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Elevator
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Foundation Details: Other
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Net Sq Ft: 3800.00
  • Price Per Sq Ft: 289.47
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24C

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Number Of Parking Spaces Included: 2-Car Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 4076.00
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197524
  • Tax Annual Amount: 2121.00
  • Assessor Parcel Number: 334-14.18-87.00-C
  • County Tax Payment Frequency: Annually
  • Close Date: 09/29/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Sep 29, 2017
Sold by
Griffiths Carrie M and Griffiths Gary D
Bought by
Barone Cynthia C and Barone Michael W
Seller's Agent
Karl Law
Patterson-Schwartz - Greenville
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,200,000
Sold Price
$1,010,000
Premium/Discount to List
-$190,000
-15.83%
Current Estimated Value
$2,127,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,721
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Arch Street Associates Llc
Bought by
Griffiths Carrie M and Griffiths Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Barone Cynthia C $1,010,000 None Available
Griffiths Carrie M $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffiths Carrie M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $1,010,000 -15.8% $266 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $1,200,000 -- $316 / 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 $4,410 $36,750 $0 $36,750
2024 $2,166 $36,750 $0 $36,750
2023 $2,164 $36,750 $0 $36,750
2022 $2,089 $36,750 $0 $36,750
2021 $2,070 $36,750 $0 $36,750
2020 $2,063 $36,750 $0 $36,750
2019 $2,066 $36,750 $0 $36,750
2018 $1,930 $43,950 $0 $0
2017 $1,848 $43,950 $0 $0
2016 $1,756 $43,950 $0 $0
2015 $1,674 $43,850 $0 $0
2014 $1,661 $43,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Karl Law

    Patterson Schwartz

    (302) 559-1019

    2 in this area

    63 Total Sales

    Karl Law
    Section Image
  • Bryce Lingo

    Buyer's Agent in 2017

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    184 in this area

    345 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Buyer Co-Listing Agent in 2017

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    275 Total Sales

    Shaun Tull
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001016016

Bright MLS

APN: 334-14.18-87.00-C

Delaware Sussex County Rehoboth Beach 19971

24C Brooklyn Ave, Rehoboth Beach, DE

This home is located at 24C Brooklyn Ave, Rehoboth Beach, DE 19971 since 08 April 2016 and is currently estimated at $2,127,721, approximately $559 per square foot. This property was built in 2000. 24C Brooklyn Ave 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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