NOT LISTED FOR SALE

25 Beach Ave Rehoboth Beach, DE 19971

Estimated Value: $2,682,000 - $3,669,000

4 Beds
3 Baths
2,515 Sq Ft
$1,218/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $1,395,000 $555 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $16,790/month

4 Days on Market

Highlights

  • Ocean View
  • Beach
  • Private Beach
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of August 2018

Rare opportunity to own a home in the desirable private community of North Indian Beach. This community boasts a private beach with lifeguard, year round security, road maintenance. The home combines old world charm with contemporary touches -- vaulted wood ceilings, 2 wood burning fireplaces. 4 season room delights with its oceanview, skylight and wall of glass. Outdoor living at its best -- Incredible pool features covered pergola area for poolside family dining. Oceanblock, - just 5 houses from the beach. Also just a few blocks to the Delaware Seashore State Park and all the dining and entertainment of Dewey Beach. This one won't last. Ready for your vision or build new.

Last Agent to Sell the Property

Laurie Bronstein

(302) 745-2626 lauriebronstein1@gmail.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 07/01/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Bryce Lingo

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

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,581

Year Renovated

  • 1992

Lot Details

  • 5,279 Sq Ft Lot
  • Lot Dimensions are 60x85
  • Home fronts navigable water
  • Private Beach
  • Masonry wall
  • Extensive Hardscape

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Wood Walls
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,515 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Bar
  • Beamed Ceilings
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Replacement Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Poolside Lot
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Water Heater
  • Cable TV Available

Additional Features

  • Modifications for wheelchair accessibility
  • Flood Risk

Listing and Financial Details

  • Tax Lot -75.00
  • Assessor Parcel Number 334-23.06-75.00

Community Details

Overview

  • North Indian Beach HOA, Phone Number (302) 703-1311
  • Property Manager

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,581

Year Renovated

1992

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Traditional
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Wheelchair Mod
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Renovated: 1992
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl, Laminated
  • Interior Amenities: Bar, Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Exposed Beams, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Skylight(s)
  • Window Features: Low-E, Insulated, Replacement
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Wood Walls, Wood Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2515
  • Living Area Sq Ft: 2515
  • Price Per Sq Ft: 554.67
  • Above Grade Finished Sq Ft: 2515
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Outside Shower, Private Beach, Extensive Hardscape
  • Pool Features: Fenced, Filtered, Heated, In Ground
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2835.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA Name: NORTH INDIAN BEACH
  • HOA Phone: 302 703-1311
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Masonry/Stone
  • Lot Features: Poolside
  • Lot Size Acres: 0.12
  • Lot Dimensions: 60X85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5279.00
  • Zoning: L
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5205597
  • School Tax: 1414.00
  • Tax Annual Amount: 1581.00
  • Assessor Parcel Number: 334-23.06-75.00
  • Tax Lot: -75.00
  • Tax Year: 2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 15, 2018
Sold by
Edward F Mcgehrin Ret
Bought by
Kvj2 Llc
Seller's Agent
Laurie Bronstein
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$3,063,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,668,293
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Feb 1, 2011
Bought by
Mcgehrin Edward F (Trustee)

Purchase Details

Closed on
Jan 26, 2011
Bought by
Mcgehrin Edward F (Trustee)
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kvj2 Llc $1,395,000 --
Mcgehrin Edward F (Trustee) -- --
Mcgehrin Edward F (Trustee) -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $1,395,000 0.0% $555 / Sq Ft
07/11/2018 07/11/18 For Sale $1,395,000 0.0% $555 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $1,395,000 -- $555 / 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 $5,483 $37,600 $9,850 $27,750
2024 $3,835 $37,600 $9,850 $27,750
2023 $3,832 $37,600 $9,850 $27,750
2022 $3,710 $37,600 $9,850 $27,750
2021 $3,678 $37,600 $9,850 $27,750
2020 $2,083 $37,600 $9,850 $27,750
2019 $2,064 $37,600 $9,850 $27,750
2018 $1,651 $37,600 $0 $0
2017 $1,181 $37,600 $0 $0
2016 $1,045 $37,600 $0 $0
2015 $978 $37,600 $0 $0
2014 $967 $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001969488

Bright MLS

APN: 334-23.06-75.00