NOT LISTED FOR SALE

31788 Marsh Island Ave Lewes, DE 19958

Estimated Value: $538,740 - $909,000

4 Beds
4.5 Baths
3,600 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $780,000 $217 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,573/month

60 Days on Market

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Water Access
  • Spa

About This Home

As of May 2023

With a welcoming and flexible floor-plan, you will find yourself immediately in love with this spacious home in Bayfront at Rehoboth. Features to love include: primary bedroom on the first floor, large family room with a cozy fireplace, a first floor office, a second palatial primary bedroom on the second floor, and a large flex room over the garage with a full bathroom. Enjoy outdoor living? This home and this neighborhood are your dream come true. Whether relaxing on your own screened porch overlooking your private backyard, sunning yourself by the community pool overlooking the Rehoboth bay, driving through the community in your golf cart or enjoying the neighborhood gazebo and kayak launch, you will find an outdoor environment that is sure to please! Bayfront at Rehoboth is an upscale community in Lewes with oversize lots, plenty of wooded privacy, beautiful amenities, unobstructed views of the Rehoboth Bay, Dewey and Indian River, and is an excellent location close to all of the beaches, nature centers, shopping and restaurants that Rehoboth Beach and Lewes have to offer. Come see your new forever home or home away from home and enjoy your spring and summer at the beach!

Last Agent to Sell the Property

Christine McCoy

Coldwell Banker Realty License #RA0031081 Listed on: 02/11/2023

Coldwell Banker Realty

Last Buyer's Agent

SUSAN NALLEY

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 2007

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 88.00 x 224.00
  • Home fronts navigable water
  • Landscaped
  • Private Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned GR

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Game Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • 200+ Amp Service
  • Metered Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-526.00

Community Details

Overview

  • $540 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance
  • Bayfront At Rehoboth Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Beach
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 2007

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Yellow Sectional sofa in living room and small round coffee table 2 nightstands in Upstairs primary bedroom Tall chest in upstairs primary bedroom Small antique table in apartment and coffee table Small wash table in butler pantry Dolles painted sign
  • Historic: No
  • Inclusions: Sold Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-02-11
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Oven - Wall, Extra Refrigerator/Freezer, Range Hood, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick, Carpet
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Whirlpool/Hottub, Window Treatments, Combination Kitchen/Living
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Game Room, Family Room, Laundry, Office, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 219.42
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31788

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower, Underground Lawn Sprinkler
  • Roof: Shingle
  • View: Trees/Woods
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Metered
  • Heating Type: Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Community Center, Fitness Center, Pool - Outdoor, Water/Lake Privileges, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 540.00

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: RS
  • Lot Features: Landscaping, Private
  • Lot Size Acres: 0.60
  • Lot Dimensions: 88.00 x 224.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Excellent, Very Good
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 2206.00
  • School Tax Pymnt Freq: Annually
  • Assessor Parcel Number: 234-18.00-526.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/31/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
May 31, 2023
Sold by
Martin Randall K and Martin Donna W
Bought by
Greenspan Fredric David and Goldstein Lori Jill
Seller's Agent
Christine McCoy
Coldwell Banker Realty
Buyer's Agent
SUSAN NALLEY
Coldwell Banker Realty
List Price
$789,900
Sold Price
$780,000
Premium/Discount to List
-$9,900
-1.25%
Views
178
Current Estimated Value
$751,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,815
Avg. Annual Appreciation
-1.67%
Original Mortgage
$520,000
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Greenspan Fredric David $780,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenspan Fredric David $747,800
Closed Greenspan Fredric David $733,000
Closed Greenspan Fredric David $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $780,000 -1.3% $217 / Sq Ft
02/11/2023 02/11/23 For Sale $789,900 -- $219 / 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
2024 $2,524 $51,200 $7,250 $43,950
2023 $2,521 $51,200 $7,250 $43,950
2022 $2,433 $51,200 $7,250 $43,950
2021 $2,411 $51,200 $7,250 $43,950
2020 $2,404 $51,200 $7,250 $43,950
2019 $2,407 $51,200 $7,250 $43,950
2018 $2,248 $51,200 $0 $0
2017 $2,153 $51,200 $0 $0
2016 $2,045 $51,200 $0 $0
2015 $1,954 $51,200 $0 $0
2014 $1,940 $51,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2035626

Bright MLS

APN: 234-18.00-526.00