$550,000
SOLD MAY 23, 2014
3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

67 Days on Market

Highlights

  • No HOA
  • Cottage
  • Screened Patio
  • Rehoboth Elementary School Rated A
  • Porch
  • 2-minute walk to Dune Nature Park

About This Home

As of August 2020

Commercial building opportunity awaits you on this North Rehoboth lot, zoned C3. Existing 2 bedroom cottage and rear 1 br cottage are just a half block from Rehoboth Avenue and located on a popular street anchored by popular, successful businesses.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 02/01/2014

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Robert Burton

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-73.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Basement: No

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Shingle Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197191
  • Assessor Parcel Number: 334-14.17-73.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/23/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Aug 13, 2020
Sold by
Evergreen Co Llc
Bought by
Rafanello John S
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andrew White
Compass
List Price
$1,925,000
Sold Price
$1,881,295
Premium/Discount to List
-$43,705
-2.27%
Current Estimated Value
$2,396,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,960
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,410,000
Outstanding Balance
$1,259,775
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,121,720

Purchase Details

Closed on
Sep 19, 2019
Sold by
26 Lake Llc
Bought by
Evergreene Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2014
Closed on
May 16, 2014
Sold by
Mark Armistice A and Mark Christopher A
Bought by
26 Lake Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Robert Burton
RE/MAX Realty Group Rehoboth
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,881,295 None Available
Deed $1,000,000 --
Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,410,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,172,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $1,881,295 -0.4% $727 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $1,889,000 -0.5% $730 / Sq Ft
03/23/2020 03/23/20 Price Changed $1,899,000 -1.4% $734 / Sq Ft
01/25/2020 01/25/20 For Sale $1,925,000 +250.0% $744 / Sq Ft
05/23/2014 05/23/14 Sold $550,000 0.0% --
04/09/2014 04/09/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $550,000 -- --
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 $2,100 $15,350 $10,000 $5,350
2023 $2,098 $15,350 $10,000 $5,350
2022 $2,025 $15,350 $10,000 $5,350
2021 $2,006 $15,350 $10,000 $5,350
2020 $2,000 $15,350 $10,000 $5,350
2019 $722 $15,350 $10,000 $5,350
2018 $674 $15,350 $0 $0
2017 $646 $15,350 $0 $0
2016 $613 $15,350 $0 $0
2015 $586 $15,350 $0 $0
2014 $582 $15,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000979618

Bright MLS

APN: 334-14.17-73.00