NOT LISTED FOR SALE

37 Beach Ave Rehoboth Beach, DE 19971

Estimated Value: $601,486 - $4,641,000

4 Beds
2.5 Baths
1,624 Sq Ft
$1,481/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $1,000,000 $616 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $13,574/month

Highlights

  • Deck
  • Rambler Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of March 2016

Diamond in the rough! Ocean block in N. Indian Beach! This is your perfect opportunity to be in one of the best beach communities in Delaware. Enjoy a private beach just outside the hustle & bustle of Dewey and a trolley ride to downtown Rehoboth. Buy now, rent or use, then design your future beach house with all the modern finishes. Generous screened porch, sun deck off the master, spacious bedrooms, fenced back yard and a HUGE storage area with a bath for sandy feet off the beach and an out door shower. Bright and sunny decor, being offered furnished for your convenience. Lots of parking. County restrictions, no city of Rehoboth or Dewey building restrictions. 2015 rental income = $40,100. Could be more...

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/23/2015

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/23/2015

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,158

Year Built

  • Built in 1994

Lot Details

  • 7,860 Sq Ft Lot
  • Lot Dimensions are 90x87
  • Partially Fenced Property
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,624 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Indian Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-77.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,158

Year Built

Built in 1994

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1994
  • Remarks Public: Diamond in the rough! Ocean block in N. Indian Beach! This is your perfect opportunity to be in one of the best beach communities in Delaware. Enjoy a private beach just outside the hustle & bustle of Dewey and a trolley ride to downtown Rehoboth. Buy now, rent or use, then design your future beach house with all the modern finishes. Generous screened porch, sun deck off the master, spacious bedrooms, fenced back yard and a HUGE storage area with a bath for sandy feet off the beach and an out door shower. Bright and sunny decor, being offered furnished for your convenience. Lots of parking. County restrictions, no city of Rehoboth or Dewey building restrictions. 2015 rental income = $40,100. Could be more...
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Pilings
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Primary Bedroom, Kitchen, Great Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1624
  • Living Area Sq Ft: 1624
  • Net Sq Ft: 1624.00
  • Price Per Sq Ft: 735.84
  • Above Grade Finished Sq Ft: 1624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, 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: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1750.00
  • 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

  • Fencing: Partially
  • Lot Size Acres: 0.18
  • Lot Size Area: 7860
  • Lot Dimensions: 90x87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7860.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 40100.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205600
  • Assessor Parcel Number: 334-23.06-77.01
  • County Tax Payment Frequency: Annually
  • Close Date: 03/24/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $1,000,000 -25.9% $616 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $1,350,000 -- $831 / 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 $8,158 $30,000 $12,700 $17,300
2024 $4,540 $30,000 $12,700 $17,300
2023 $4,536 $30,000 $12,700 $17,300
2022 $2,084 $30,000 $12,700 $17,300
2021 $2,048 $30,000 $12,700 $17,300
2020 $1,726 $30,000 $12,700 $17,300
2019 $1,707 $30,000 $12,700 $17,300
2018 $1,317 $30,000 $0 $0
2017 $1,262 $30,000 $0 $0
2016 $1,244 $29,550 $0 $0
2015 $1,192 $29,550 $0 $0
2014 $1,183 $29,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001010378

Bright MLS

APN: 334-23.06-77.01