NOT LISTED FOR SALE

27 Bedford St Rehoboth Beach, DE 19971

Estimated Value: $391,691 - $2,366,000

4 Beds
3 Baths
2,400 Sq Ft
$713/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $1,525,000 $635 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,665/month

427 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • Bay View
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 2-minute walk to Delaware Seashore State Park

About This Home

As of February 2021

Enjoy stunning views and sunsets over the Rehoboth Bay while being only a block from the private beach in the highly coveted community of Indian Beach. This three story home is situated on an oversized 101' x 127' lot providing excellent potential for improvements or a new build in the future. Multiple outdoor spaces are perfect for enjoying ocean and bay breezes, including a rooftop deck, wrap around deck and screened porch. This home features an inverted floor plan, ample parking, 4 bedrooms, 3 baths, outdoor shower and open living area. This is the ideal beach home just south of Dewey Beach!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 10/11/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Dale Brown

dale.brown@oasir.net NextHome Tomorrow Realty License #RS-0017270

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 112x100x127x101
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Property is zoned MR

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Window Screens
  • Bay Views

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Laundry Chute

Parking

  • 10 Open Parking Spaces
  • Circular Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • Indian Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-103.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 1983

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy stunning views and sunsets over the Rehoboth Bay while being only a block from the private beach in the highly coveted community of Indian Beach. This three story home is situated on an oversized 101' x 127' lot providing excellent potential for improvements or a new build in the future. Multiple outdoor spaces are perfect for enjoying ocean and bay breezes, including a rooftop deck, wrap around deck and screened porch. This home features an inverted floor plan, ample parking, 4 bedrooms, 3 baths, outdoor shower and open living area. This is the ideal beach home just south of Dewey Beach!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Dishwasher, Refrigerator, Icemaker, Range Hood, Disposal, Dryer, Washer, Exhaust Fan
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Skylight(s), Laundry Chute, Walk-In Closet(s), Bathroom - Soaking Tub, Carpet, Floor Plan - Open
  • Window Features: Screens
  • Fireplace Features: Wood, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 666.25
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • 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
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay
  • Water Access: Yes
  • 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

  • Garage: No
  • Open Parking Spaces Count: 10
  • Parking Features: Circular Driveway, Under Home Parking
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: Circuit Breakers, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 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: RS
  • Lot Dimensions: 112x100x127x101
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es), Roof
  • Year Assessed: 2019
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 2597.00
  • Tax Annual Amount: 2868.00
  • Assessor Parcel Number: 334-23.06-103.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 02/15/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 15, 2021
Sold by
Blasey Ft
Bought by
Mcgovern Properties Lp
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Dale Brown
NextHome Tomorrow Realty
List Price
$1,599,000
Sold Price
$1,525,000
Premium/Discount to List
-$74,000
-4.63%
Current Estimated Value
$1,711,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,173
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Jun 4, 2014
Sold by
Ralph G Ralph G
Bought by
The Blasey Family Trust
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
Mcgovern Properties Lp $1,525,000 None Available
The Blasey Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $1,525,000 0.0% $635 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/02/2020 12/02/20 Off Market $1,525,000 -- --
10/11/2019 10/11/19 For Sale $1,599,000 -- $666 / 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 $4,860 $61,000 $17,050 $43,950
2024 $3,325 $61,000 $17,050 $43,950
2023 $3,323 $61,000 $17,050 $43,950
2022 $3,218 $61,000 $17,050 $43,950
2021 $3,191 $61,000 $17,050 $43,950
2020 $3,181 $61,000 $17,050 $43,950
2019 $3,164 $61,000 $17,050 $43,950
2018 $2,679 $61,000 $0 $0
2017 $2,565 $61,000 $0 $0
2016 $2,508 $61,000 $0 $0
2015 $2,399 $61,000 $0 $0
2014 $2,382 $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Bright MLS

MLS Number: DESU149494

Bright MLS

APN: 334-23.06-103.00