NOT LISTED FOR SALE

36 Collins St Dewey Beach, DE 19971

Estimated Value: $1,782,000 - $2,501,000

4 Beds
1.5 Baths
1,558 Sq Ft
$1,400/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2021

Last sale price $1,374,900 $882 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $12,278 / mo

376 Days on Market

Highlights

  • Beach
  • Private Beach
  • Deck
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of March 2021

PRICE REDUCED! This quintessential beach cottage is located on an over-sized lot on the ocean block of PRIVATE North Indian Beach. Situated on a 90 ft x 100 ft lot, this special beach cottage offers 4 bedrooms, 1.5 baths, cozy living room, updated kitchen, large screened in porch and sprawling outdoor deck. Not to mention the huge yard - tons of space and plenty of parking! On the southern end of Dewey Beach, the community of North Indian Beach offers an easy walk to all that Dewey has to offer. Keep your boat across the street at the Rehoboth Bay Marina. Walk into town for a night at the Starboard or Rusty Rudder. Take your bike or catch the trolley into downtown Rehoboth. North Indian Beach Association is a small, unique community that offers a private, guarded beach and private security. Current owners have rented the home for a few summer weeks, earning great rental income, although potential is much greater. Should you choose to build new, this particular lot offers incredible building options. *Renderings provided by local builder for Buyers reference only. Building Cost is approximately $775,000(subject to change with Buyers final selections). The building cost is separate from current home/land sale. Buyer is not obligated to building rendering.**Builder shall be responsible for the builder referral of 2.5% of the base price for the home construction (not including the lot) paid directly to the Buyer's Broker.Rare opportunity!

Last Agent to Sell the Property

Carrie Lingo

(302) 645-2207 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 01/23/2020

Jack Lingo - Lewes

Co-Listed By

Merritt Cooch

(302) 645-2207 merritt@jacklingo.com Jack Lingo - Lewes License #RS-0023847

Last Buyer's Agent

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 90.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Private Beach
  • North Facing Home
  • Partially Fenced Property
  • Cleared Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned MR 376

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,558 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Shed
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 334-23.06-62.00

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, management, trash
  • Indian Beach Subdivision
  • Property Manager

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,218

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: List to be provided by Seller.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Galley, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Bathroom 1, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1558
  • Living Area Sq Ft: 1558
  • Price Per Sq Ft: 882.48
  • Above Grade Finished Sq Ft: 1558
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Outside Shower, Private Beach, Bbq Grill
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Management, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.20
  • Lot Dimensions: 90.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Patio(s), Screened, Deck(s)
  • Property Condition: Good, Very Good
  • Zoning: MR 376
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1103.00
  • Tax Annual Amount: 1218.00
  • Assessor Parcel Number: 334-23.06-62.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

Multi Family

  • Federal Flood Zone: ae

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Van-Horne John L and Van-Horne Helen A
Bought by
John & Helen A Vanhorne Ft
Current Estimated Value
$2,180,601

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 16, 2021
Sold by
Bowser John R and Bowser Pamra A
Bought by
Vanhorne John L and Vanhorne Helene A
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$1,435,000
Sold Price
$1,374,900
Premium/Discount to List
-$60,100
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$900,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 21, 2010
Bought by
Fry Brendan Enos and Fry Erin Nalls

Purchase Details

Closed on
Apr 5, 2010
Bought by
Fry Brendan Enos and Fry Erin Nalls
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John & Helen A Vanhorne Ft -- None Available
Vanhorne John L $1,374,900 None Available
Fry Brendan Enos -- --
Fry Brendan Enos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhorne John L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2021 03/17/21 Sold $1,374,900 0.0% $882 / Sq Ft
12/03/2020 12/03/20 Price Changed $1,374,900 -1.7% $882 / Sq Ft
07/03/2020 07/03/20 Price Changed $1,399,000 -2.5% $898 / Sq Ft
01/23/2020 01/23/20 For Sale $1,435,000 +45.7% $921 / Sq Ft
03/29/2016 03/29/16 Sold $985,000 -10.5% $547 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
09/27/2015 09/27/15 For Sale $1,100,000 -- $611 / Sq Ft
Source: Bright MLS

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 $5,696 $25,950 $15,750 $10,200
2024 $3,374 $25,950 $15,750 $10,200
2023 $3,308 $25,950 $15,750 $10,200
2022 $1,552 $25,950 $15,750 $10,200
2021 $1,541 $25,950 $15,750 $10,200
2020 $1,536 $25,950 $15,750 $10,200
2019 $1,516 $25,950 $15,750 $10,200
2018 $1,140 $25,950 $0 $0
2017 $1,091 $25,950 $0 $0
2016 $1,100 $25,950 $0 $0
2015 $1,054 $25,950 $0 $0
2014 $1,047 $25,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU154502

Bright MLS

APN: 334-23.06-62.00

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