NOT LISTED FOR SALE

37043 Rehoboth Avenue Extension Unit 3 Rehoboth Beach, DE 19971

Estimated Value: $509,000 - $718,000

4 Beds
3 Baths
2,400 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $554,900 $231 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,794/month

11 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Furnished
  • Rehoboth Elementary School Rated A
  • 1 Fireplace
  • Great Room

About This Home

As of October 2023

Welcome to FORJ Lofts East of Route One in Rehoboth Beach! Easy access to bike path and downtown Rehoboth Beach. Large steel construction townhouse with lots of light and outdoor living space. Enjoy it yourself or reap the benefits of the proven rental income. These mixed use urban lofts allow for you to work where you live. Convenient to all of the downtown Rehoboth attractions without going on route one. Ground level has oversized garage, large bedroom suite or office space, full bathroom, door to back yard, laundry room, and lots of storage. Second level has an open concept floor plan with kitchen, great room, and dining area. Off the great room is a nice deck to watch sunset. There is a gas hook up in the great room for a propane fireplace. There are two bedrooms on this level with a full bathroom. Third level features a large owners suite with fireplace, bathroom with jacuzzi tub and shower, and huge deck with great views of sunset. Townhouse is sold fully furnished and ready for you to enjoy. This townhouse has just had an 80K renovation (new flooring, new front door, new sliders in great room, fresh paint, new Trane HVAC, new furniture, & more). Take the video tour!

Last Listed By

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/16/2023

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 2003

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Additional Features

  • Entry Slope Less Than 1 Foot
  • Deck

Community Details

  • Forj Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-356.00-3

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,245

Year Built

Built in 2003

Lot Details

0

HOA Fees

$183 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Entry Slope <1', Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Abraxas Prints, contents of garage closet, life ring in kitchen, and globe
  • Inclusions: furniture and kitchen ware
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Cooktop, Oven - Wall, Oven/Range - Gas
  • Flooring Type: Ceramic Tile, Carpet, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Great Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 229.12
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Unfinished Sq Ft: 400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37043

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 183.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: C-1
  • Zoning Description: Commercial
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1129.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1245.00
  • Assessor Parcel Number: 334-13.00-356.00-3
  • Tax Total Finished Sq Ft: 389
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/25/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Lovett Jacklyn M and Sopb Exchangors Llc
Bought by
Lovett Jacklyn M
Total Days on Market
11
Current Estimated Value
$627,983

Range of Values:

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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
Lovett Jacklyn M -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Steel Investments Llc $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $554,900 +0.9% $231 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $549,900 -- $229 / 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 $1,338 $26,200 $0 $26,200
2023 $1,337 $26,200 $0 $26,200
2022 $1,290 $26,200 $0 $26,200
2021 $1,279 $26,200 $0 $26,200
2020 $1,275 $26,200 $0 $26,200
2019 $1,264 $26,200 $0 $26,200
2018 $1,192 $27,150 $0 $0
2017 $1,142 $27,150 $0 $0
2016 $1,085 $27,150 $0 $0
2015 $1,036 $27,150 $0 $0
2014 $1,029 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DESU2048196

Bright MLS

APN: 334-13.00-356.00-3