NOT LISTED FOR SALE

32 Olive Ave Rehoboth Beach, DE 19971

Estimated Value: $2,230,000 - $2,675,000

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

Last Sold October 15, 2012

Last sale price $1,150,000

Est. 112% increase in value since last sale

Current estimated payment $13,311/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Lake Gerar Park

About This Home

As of October 2012

-

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 10/14/2012

Last Buyer's Agent

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 10/14/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Landscaped
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Partial Basement
  • Attic

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-403.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Kitchen - Country, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Street Number Modifier: 32

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Construction Materials: Stick Built, Shake Siding, Vinyl Siding
  • Construction Completed: Yes
  • 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: Yes
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Outdoor Living Structures: Porch(es), Screened
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 60000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5195874
  • Tax Annual Amount: 1020.00
  • Assessor Parcel Number: 334-14.13-403.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/15/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2012
Sold by
Roccardo Roseann J and Borges Martitza
Bought by
Ocean Breeze Manor Llc
Current Estimated Value
$2,436,977

Purchase Details

Closed on
Dec 28, 2012
Sold by
Roccardo Roseann J and Borges Martitza
Bought by
Ocean Breeze Manor Llc

Purchase Details

Listed on
Oct 14, 2012
Closed on
Oct 12, 2012
Sold by
Paternoster Emilie J
Bought by
Roccaro Roseann J and Borges Maritza
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$920,000
Interest Rate
3.56%
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
Ocean Breeze Manor Llc $509,000 --
Ocean Breeze Manor Llc $509,000 --
Roccaro Roseann J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roccaro Roseann J $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $1,150,000 0.0% --
10/15/2012 10/15/12 Pending -- -- --
10/14/2012 10/14/12 For Sale $1,150,000 -- --
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 $4,690 $25,650 $12,500 $13,150
2024 $1,264 $25,650 $12,500 $13,150
2023 $1,263 $25,650 $12,500 $13,150
2022 $1,219 $25,650 $12,500 $13,150
2021 $1,208 $25,650 $12,500 $13,150
2020 $1,204 $25,650 $12,500 $13,150
2019 $1,206 $25,650 $12,500 $13,150
2018 $1,126 $25,650 $0 $0
2017 $1,079 $25,650 $0 $0
2016 $1,025 $25,650 $0 $0
2015 $979 $25,650 $0 $0
2014 $972 $25,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000969344

Bright MLS

APN: 334-14.13-403.00