NOT LISTED FOR SALE

303 Bayard Ave Rehoboth Beach, DE 19971

Estimated Value: $953,000 - $2,485,000

5 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $1,200,000

Est. 56% increase in value since last sale

Current estimated payment $10,191/month

Highlights

  • Saltbox Architecture
  • Wood Flooring
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Stockley Street Park

About This Home

As of October 2020

Rare opportunity to own a classic South Rehoboth 4 bedroom 2 bathroom home in the heart of Rehoboth. Property will make a great second home, investment property, or both! Home is located just two blocks to the beach and boardwalk and is only a short walk to downtown shopping, fine restaurants, and night life. Home offers 1st floor Owner's suite and boasts an open floor plan. Enjoy the beautifully finished original heart pine wood flooring throughout the home. There is also a one bedroom one bath apartment located on the property. Great location, just park, unpack, and walk everywhere with no traffic or parking hassles. This property has a proven rental history!

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 03/21/2020

Co-Listed By

Walt Cassel

(917) 826-8867 walt@reinrb.com Dave McCarthy & Associates, Inc.

Last Buyer's Agent

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 03/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is in good condition
  • Property is zoned TN 1270

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Partially Furnished
  • Window Screens
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-396.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-25
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to own a classic South Rehoboth 4 bedroom 2 bathroom home in the heart of Rehoboth. Property will make a great second home, investment property, or both! Home is located just two blocks to the beach and boardwalk and is only a short walk to downtown shopping, fine restaurants, and night life. Home offers 1st floor Owner's suite and boasts an open floor plan. Enjoy the beautifully finished original heart pine wood flooring throughout the home. There is also a one bedroom one bath apartment located on the property. Great location, just park, unpack, and walk everywhere with no traffic or parking hassles. This property has a proven rental history!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom
  • Window Features: Screens, Storm
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 10650.00
  • Land Assessed Value: 7500.00
  • Land Use Code: RS
  • 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: Enclosed, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TN 1270
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196849
  • School Tax: 771.00
  • Tax Annual Amount: 1401.00
  • Assessor Parcel Number: 334-14.17-396.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Oct 13, 2020
Sold by
Kaden John G and Auchincloss-Kaden Amy
Bought by
Langan Timothy H and Klawinski Todd P
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,249,000
Sold Price
$1,200,000
Premium/Discount to List
-$49,000
-3.92%
Current Estimated Value
$1,866,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,924
Avg. Annual Appreciation
9.34%
Original Mortgage
$1
Outstanding Balance
$1
Interest Rate
2.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Langan Timothy H $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langan Timothy H $1
Open Langan Timothy H $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,200,000 -3.9% --
08/20/2020 08/20/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $1,249,000 -- --
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
2025 $3,512 $18,150 $7,500 $10,650
2024 $895 $18,150 $7,500 $10,650
2023 $894 $18,150 $7,500 $10,650
2022 $863 $18,150 $7,500 $10,650
2021 $855 $18,150 $7,500 $10,650
2020 $852 $18,150 $7,500 $10,650
2019 $853 $18,150 $7,500 $10,650
2018 $797 $18,150 $0 $0
2017 $763 $18,150 $0 $0
2016 $725 $18,150 $0 $0
2015 $693 $18,150 $0 $0
2014 $688 $18,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU158468

Bright MLS

APN: 334-14.17-396.00