NOT LISTED FOR SALE

37043 Rehoboth Avenue Extension Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $583,922 - $704,000

4 Beds
3 Baths
2,300 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $380,000 $165 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,716/month

620 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of September 2016

Mixed Use Loft so close to everything! Have your business and living spaces in one. East of Route One with easy options to get in or out of the town of Rehoboth Beach. It also has easy access to Route One. This END unit #5 has Amazing Upgrades, Custom, High End Interior, 2 fireplaces, wine cooler and much more. New AC unit installed mid May of this year. Move In Ready!

Last Agent to Sell the Property

Kathy McGuiness

Jack Lingo - Rehoboth Listed on: 11/30/2014

Jack Lingo - Rehoboth

Co-Listed By

Stephen Mcguiness

Jack Lingo - Rehoboth License #RS-0022590

Last Buyer's Agent

Trevor Clark

1ST CHOICE PROPERTIES LLC License #RA-0020681

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 2003

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Metal Siding
  • Masonry

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Electric Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Propane Water Heater

Community Details

  • Property has a Home Owners Association
  • Forj Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-356.00-5

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,387

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2003
  • Remarks Public: Mixed Use Loft so close to everything! Have your business and living spaces in one. East of Route One with easy options to get in or out of the town of Rehoboth Beach. It also has easy access to Route One. This END unit #5 has Amazing Upgrades, Custom, High End Interior, 2 fireplaces, wine cooler and much more. New AC unit installed mid May of this year. Move In Ready!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Wall, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Net Sq Ft: 2300.00
  • Price Per Sq Ft: 182.61
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37043

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1900.00
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony, Deck(s)

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-13.00-356.00-5
  • County Tax Payment Frequency: Annually
  • Close Date: 09/28/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Della-Torre Joseph F
Bought by
Della-Torre Joseph F and Donohue James M
Total Days on Market
620
Current Estimated Value
$648,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Outstanding Balance
$452,097
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$254,495

Purchase Details

Closed on
May 21, 2021
Sold by
L-Elliott Viacheslav S and Elliott James E
Bought by
Dellatorre Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Outstanding Balance
$452,097
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$254,495

Purchase Details

Listed on
Nov 30, 2014
Closed on
Sep 27, 2016
Sold by
Perez Beebe Jessica M and Beebe Richard C
Bought by
Elliott James S and Lunkin Elliott Viacheslav S
Seller's Agent
Kathy McGuiness
Jack Lingo - Rehoboth
Buyer's Agent
Trevor Clark
1ST CHOICE PROPERTIES LLC
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$285,000
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Della-Torre Joseph F $14,075 None Available
Dellatorre Joseph F $520,000 None Available
Elliott James S $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dellatorre Joseph F $494,000
Closed Dellatorre Joseph F $494,000
Previous Owner Elliott James S $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $380,000 0.0% $165 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
11/30/2014 11/30/14 For Sale $380,000 -- $165 / 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 $1,387 $27,200 $0 $27,200
2023 $1,386 $27,200 $0 $27,200
2022 $1,338 $27,200 $0 $27,200
2021 $1,326 $27,200 $0 $27,200
2020 $1,322 $27,200 $0 $27,200
2019 $1,324 $27,200 $0 $27,200
2018 $1,236 $28,150 $0 $0
2017 $1,184 $28,150 $0 $0
2016 $1,124 $28,150 $0 $0
2015 $1,074 $28,150 $0 $0
2014 $1,067 $28,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000987420

Bright MLS

APN: 334-13.00-356.00-5