NOT LISTED FOR SALE

303 Scarborough Ave Rehoboth Beach, DE 19971

Estimated Value: $547,598 - $3,081,000

5 Beds
2 Baths
2,008 Sq Ft
$887/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $951,303 $474 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,832/month

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Rehoboth Elementary School Rated A
  • Loft
  • 4-minute walk to Rehoboth Elementary Playground

About This Home

As of March 2017

It's all about the Location! This 5 bedroom, 2 bath home is just 3 blocks to the beach and boardwalk and 2 blocks from the shops and restaurants in downtown Rehoboth Beach. You enter the home via a beautiful enclosed porch wrapped in windows and sunlight. On the 1st floor you'll find 2 bedrooms, a full bath, large living room that opens to the dining room and then onto the beautifully updated kitchen with granite counter-tops and breakfast bar. From there you can step out onto the private rear covered porch. The 2nd floor has 3 more bedrooms, a full bath, and loft area with cozy window seat. Downstairs is a Full, Dry and partially finished basement with inside and outside access. This is a family home that has never been rented and well cared for - make it your own or take advantage of the excellent rental potential.

Last Agent to Sell the Property

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340 Listed on: 01/28/2017

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Gale DiBona

(610) 405-8229 gale@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0024196

Last Buyer's Agent

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,635

Year Built

  • Built in 1982

Lot Details

  • 5,000 Sq Ft Lot
  • Cleared Lot
  • Zoning described as TOWN CODES

HOA Fees

  • HOA YN

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,008 Sq Ft Home
  • Property has 2 Levels
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Condo Association YN: No
  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-313.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,635

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1982
  • Remarks Public: It's all about the Location! This 5 bedroom, 2 bath home is just 3 blocks to the beach and boardwalk and 2 blocks from the shops and restaurants in downtown Rehoboth Beach. You enter the home via a beautiful enclosed porch wrapped in windows and sunlight. On the 1st floor you'll find 2 bedrooms, a full bath, large living room that opens to the dining room and then onto the beautifully updated kitchen with granite counter-tops and breakfast bar. From there you can step out onto the private rear covered porch. The 2nd floor has 3 more bedrooms, a full bath, and loft area with cozy window seat. Downstairs is a Full, Dry and partially finished basement with inside and outside access. This is a family home that has never been rented and well cared for - make it your own or take advantage of the excellent rental potential.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Kitchen, Loft, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2008
  • Living Area Sq Ft: 2008
  • Net Sq Ft: 2008.00
  • Price Per Sq Ft: 485.56
  • Above Grade Finished Sq Ft: 2008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl 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
  • Open Parking Spaces Count: 2
  • Parking Features: Brick Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Whole House Fan
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 10.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: TOWN CODES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196729
  • Assessor Parcel Number: 334-14.17-313.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/10/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
Mar 10, 2017
Sold by
Gibbons Catherine Anne and Gibbons Paul Edgar
Bought by
Ali Cima and Innerst Preston E
Seller's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
List Price
$975,000
Sold Price
$951,303
Premium/Discount to List
-$23,697
-2.43%
Current Estimated Value
$1,781,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,347
Avg. Annual Appreciation
7.61%
Original Mortgage
$760,000
Outstanding Balance
$630,233
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$1,151,417

Purchase Details

Closed on
Oct 18, 2011
Bought by
Gibbons Catherine Ann and Gibbons Paul Edgar

Purchase Details

Closed on
Sep 28, 2011
Bought by
Gibbons Catherine Ann and Gibbons Paul Edgar
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
Ali Cima $951,303 None Available
Gibbons Catherine Ann -- --
Gibbons Catherine Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Cima $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $951,303 -2.4% $474 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/28/2017 01/28/17 For Sale $975,000 -- $486 / 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 $4,635 $22,750 $6,850 $15,900
2024 $2,041 $22,750 $6,850 $15,900
2023 $2,039 $22,750 $6,850 $15,900
2022 $1,968 $22,750 $6,850 $15,900
2021 $1,950 $22,750 $6,850 $15,900
2020 $1,944 $22,750 $6,850 $15,900
2019 $1,070 $22,750 $6,850 $15,900
2018 $999 $22,750 $0 $0
2017 $957 $22,750 $0 $0
2016 $909 $22,750 $0 $0
2015 $868 $22,750 $0 $0
2014 $862 $22,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Babs Morales

    Seller's Agent in 2017

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    33 in this area

    50 Total Sales

    Babs Morales
    Section Image

  • G

    Seller Co-Listing Agent in 2017

    Gale DiBona

    BHHS PenFed (actual)

    (610) 405-8229

    9 in this area

    16 Total Sales

    Gale DiBona
    Section Image
  • HENRY MCKAY

    Buyer's Agent in 2017

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    13 in this area

    24 Total Sales

    HENRY MCKAY
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001025242

Bright MLS

APN: 334-14.17-313.00

Delaware Sussex County Rehoboth Beach 19971

303 Scarborough Ave, Rehoboth Beach, DE

This home is located at 303 Scarborough Ave, Rehoboth Beach, DE 19971 since 28 January 2017 and is currently estimated at $1,781,650, approximately $887 per square foot. This property was built in 1982. 303 Scarborough Ave 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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