NOT LISTED FOR SALE

302 Munson St Rehoboth Beach, DE 19971

Estimated Value: $513,123 - $2,796,000

3 Beds
2 Baths
1,200 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $901,111 $751 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,679/month

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Family Room Off Kitchen
  • Rehoboth Elementary School Rated A
  • No HOA
  • 4-minute walk to Rehoboth Elementary Playground

About This Home

As of November 2020

LOCATION, LOCATION, LOCATION!! BACK ON THE MARKET AT NO FAULT OF THE SELLER! You don't want to miss this opportunity! Ride your bike or walk to Rehoboth Beach and Boardwalk. This downtown Rehoboth Beach GEM is located just .06 miles from the Rehoboth Beach Boardwalk. Although the home is being sold as-is, it is adorable and fully functional. With some cosmetic updates, this home will shine or tear it down and build your DREAM BEACH HOME! This property is capable of producing rental income, being a beach retreat or a year round residence! Have you been dreaming of the perfect lifestyle? Beach Life = Walk or bike to the beach, restaurants, bars, boardwalk and shops all while making memories to last a lifetime! Furniture has been removed and interior painted white. Don't miss this Opportunity... This won't last long!

Last Agent to Sell the Property

Adrienne Klase

(302) 753-2240 adrienne.klase@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0023066 Listed on: 07/23/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Philip Manolakos

(302) 824-5300 pmanolakos@gmail.com Patterson-Schwartz-Brandywine

Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Downtown Location
  • Cleared Lot
  • Property is in average condition
  • Property is zoned TN

Home Design

  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Parking Permit Included

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 334-14.17-231.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: LOCATION, LOCATION, LOCATION!! BACK ON THE MARKET AT NO FAULT OF THE SELLER! You don't want to miss this opportunity! Ride your bike or walk to Rehoboth Beach and Boardwalk. This downtown Rehoboth Beach GEM is located just .06 miles from the Rehoboth Beach Boardwalk. Although the home is being sold as-is, it is adorable and fully functional. With some cosmetic updates, this home will shine or tear it down and build your DREAM BEACH HOME! This property is capable of producing rental income, being a beach retreat or a year round residence! Have you been dreaming of the perfect lifestyle? Beach Life = Walk or bike to the beach, restaurants, bars, boardwalk and shops all while making memories to last a lifetime! Furniture has been removed and interior painted white. Don't miss this Opportunity... This won't last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl, Laminated
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Stall Shower, Tub Shower
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 665.83
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 302

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Concrete
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Permit Included
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11950.00
  • Land Assessed Value: 6250.00
  • Land Use Code: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Porch(es), Screened, Enclosed
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5196625
  • School Tax: 773.00
  • Tax Annual Amount: 1178.00
  • Assessor Parcel Number: 334-14.17-231.00
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/04/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 12, 2020
Sold by
Bane Sharon M and Peake John J
Bought by
Panetis Konstantinos
Seller's Agent
Adrienne Klase
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Philip Manolakos
Patterson-Schwartz-Brandywine
List Price
$799,000
Sold Price
$901,111
Premium/Discount to List
$102,111
12.78%
Current Estimated Value
$1,590,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,170
Avg. Annual Appreciation
12.26%
Original Mortgage
$250,000
Outstanding Balance
$222,971
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,367,310

Purchase Details

Closed on
Jan 28, 2011
Bought by
Peake Bane Sharon M John J

Purchase Details

Closed on
Jan 11, 2011
Bought by
Peake Bane Sharon M John J
Source: Public Records

Range of Values:

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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
Panetis Konstantinos $901,111 None Available
Peake Bane Sharon M John J -- --
Peake Bane Sharon M John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panetis Konstantinos $250,000
Open Panetis Konstantinos $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $901,111 +12.8% $751 / Sq Ft
08/25/2020 08/25/20 For Sale $799,000 -11.3% $666 / Sq Ft
08/18/2020 08/18/20 Off Market $901,111 -- --
07/26/2020 07/26/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $799,000 -- $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 $2,961 $18,200 $6,250 $11,950
2024 $1,895 $18,200 $6,250 $11,950
2023 $1,894 $18,200 $6,250 $11,950
2022 $1,828 $18,200 $6,250 $11,950
2021 $857 $18,200 $6,250 $11,950
2020 $854 $18,200 $6,250 $11,950
2019 $856 $18,200 $6,250 $11,950
2018 $799 $18,200 $0 $0
2017 $765 $18,200 $0 $0
2016 $727 $18,200 $0 $0
2015 $695 $18,200 $0 $0
2014 $690 $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adrienne Klase

    Seller's Agent in 2020

    Adrienne Klase

    BHHS PenFed (actual)

    (302) 753-2240

    2 in this area

    40 Total Sales

    Adrienne Klase
    Section Image
  • Philip Manolakos

    Buyer's Agent in 2020

    Philip Manolakos

    Patterson Schwartz

    (302) 824-5300

    10 in this area

    14 Total Sales

    Philip Manolakos
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU164480

Bright MLS

APN: 334-14.17-231.00

Delaware Sussex County Rehoboth Beach 19971

302 Munson St, Rehoboth Beach, DE

This home is located at 302 Munson St, Rehoboth Beach, DE 19971 since 23 July 2020 and is currently estimated at $1,590,281, approximately $1,325 per square foot. 302 Munson St 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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