NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $2,233,000

3 Beds
2.5 Baths
1,950 Sq Ft
$906/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,650,000 $846 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,907/month

2 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Rehoboth Elementary School Rated A
  • No HOA
  • 3-minute walk to Deer Park

About This Home

As of June 2023

RARE OVERSIZED LOT. 75x84 lot allows for more development/swimming pool options in The Pines,of North Rehoboth. Only 3 blocks to the beach and 2 blocks to town on a quiet one-way street. Keep the charming ranch home or develop a new modern beach house. The approximately 6300 sq ft lot is hard to find. Home is currently rented monthly through December 2023. This gives you the opportunity to receive income while you make your plans for updating or rebuilding. The house has hardwood floors, a family room separate from the Living Room and Dining Room, a sunporch and patio. Included is a one car garage and two-car off street parking. Leave the cars parked as you are walking distance/biking distance to restaurants, shopping, the Boardwalk and Beach, State Park, Bike Trail, Museum, Theater--everything Rehoboth Beach has to offer. Buyer must participate in a 1031 Tax Deferred Exchange. Professional Photos coming soon

Last Listed By

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542 Listed on: 05/17/2023

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1973

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 75.00 x 84.00
  • Back Yard Fenced
  • Level Lot
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 334-14.13-202.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

Built in 1973

Lot Details

0

Parking

1

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
  • Expected On Market: 2023-05-17
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: RARE OVERSIZED LOT. 75x84 lot allows for more development/swimming pool options in The Pines,of North Rehoboth. Only 3 blocks to the beach and 2 blocks to town on a quiet one-way street. Keep the charming ranch home or develop a new modern beach house. The approximately 6300 sq ft lot is hard to find. Home is currently rented monthly through December 2023. This gives you the opportunity to receive income while you make your plans for updating or rebuilding. The house has hardwood floors, a family room separate from the Living Room and Dining Room, a sunporch and patio. Included is a one car garage and two-car off street parking. Leave the cars parked as you are walking distance/biking distance to restaurants, shopping, the Boardwalk and Beach, State Park, Bike Trail, Museum, Theater--everything Rehoboth Beach has to offer. Buyer must participate in a 1031 Tax Deferred Exchange. Professional Photos coming soon
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 846.15
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 34

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

Lot Info

  • Fencing: Rear
  • Land Use Code: 999
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Dimensions: 75.00 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6300.00
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1161.00
  • Tax Annual Amount: 1862.00
  • Assessor Parcel Number: 334-14.13-202.00
  • Tax Lot: 32
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2014
Sold by
Signe T Signe T
Bought by
Hoffman Bryan E
Total Days on Market
2
Current Estimated Value
$1,766,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$465,149
Interest Rate
4.33%
Mortgage Type
Unknown
Estimated Equity
$1,459,967

Purchase Details

Closed on
Feb 3, 2014
Sold by
Signe Signe
Bought by
Murray Signe T

Purchase Details

Closed on
Jan 30, 2014
Sold by
Signe Signe
Bought by
Murray Signe T

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
Hoffman Bryan E $750,000 --
Murray Signe T -- --
Murray Signe T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Bryan E $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,650,000 0.0% $846 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,650,000 -- $846 / 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 $1,328 $26,950 $12,050 $14,900
2023 $1,327 $26,950 $12,050 $14,900
2022 $1,281 $26,950 $12,050 $14,900
2021 $1,269 $26,950 $12,050 $14,900
2020 $1,265 $26,950 $12,050 $14,900
2019 $1,267 $26,950 $12,050 $14,900
2018 $1,184 $26,950 $0 $0
2017 $1,133 $26,950 $0 $0
2016 $1,077 $26,950 $0 $0
2015 $1,029 $26,950 $0 $0
2014 $1,021 $26,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2041424

Bright MLS

APN: 334-14.13-202.00