NOT LISTED FOR SALE

37249 Martin St Unit 7 Rehoboth Beach, DE 19971

Estimated Value: $474,000 - $565,000

3 Beds
2.5 Baths
1,450 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $290,000 $200 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,155/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Patio
  • Rehoboth Elementary School Rated A
  • Cul-De-Sac
  • Outdoor Storage

About This Home

As of December 2020

Renovated townhouse with easy access to downtown. Main level has chef designed kitchen with breakfast bar, living room/dining room combo, large sunroom that leads to back paved patio with storeroom and outdoor shower. Main level also has powder room and washer/dryer. Second level has 3 bedrooms including the primary bedroom with attached bath and walk in closet. 2 more bedrooms and a full bath complete this level. This pet friendly community has a community pool and extensive grounds and can be a great investment property.

Last Agent to Sell the Property

Beth Hughes

(202) 277-7553 bethhughesdc@yahoo.com Compass Listed on: 10/21/2020

Compass

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $925

Year Built

  • Built in 1984 | Remodeled in 2014

Lot Details

  • Cul-De-Sac

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Assigned parking located at #7
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-163.10-7

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), reserve funds, road maintenance, snow removal, trash
  • Rehoboth Beach Gardens Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$925

Year Built

Built in 1984 | Remodeled in 2014

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-27
  • Federal Flood Zone: No
  • Year Built: 1984
  • Year Renovated: 2014
  • Assigned Parking Space Numbers: 7
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1450
  • Living Area Sq Ft: 1450
  • Price Per Sq Ft: 200.00
  • Above Grade Finished Sq Ft: 1450
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outside Shower, Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 390.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200095
  • School Tax: 837.00
  • Tax Annual Amount: 925.00
  • Assessor Parcel Number: 334-19.00-163.10-7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 10, 2020
Sold by
Elizabeth Hughes Ret
Bought by
Oines Grant
Seller's Agent
Beth Hughes
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$290,000
Current Estimated Value
$512,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,485
Avg. Annual Appreciation
11.96%
Original Mortgage
$232,000
Outstanding Balance
$168,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$343,723

Purchase Details

Listed on
May 31, 2013
Closed on
Aug 20, 2013
Sold by
Whitley Patrick R
Bought by
Hughes Elizabeth A
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$160,000
Interest Rate
4.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oines Grant $290,000 None Available
Hughes Elizabeth A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oines Grant $232,000
Previous Owner Hughes Elizabeth A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2020 12/10/20 Sold $290,000 +45.0% $200 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
08/21/2013 08/21/13 Sold $200,000 0.0% -- View Prior Sale
08/05/2013 08/05/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $200,000 -- --
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 $867 $18,400 $0 $18,400
2024 $971 $18,400 $0 $18,400
2023 $970 $18,400 $0 $18,400
2022 $936 $18,400 $0 $18,400
2021 $928 $18,400 $0 $18,400
2020 $925 $18,400 $0 $18,400
2019 $926 $18,400 $0 $18,400
2018 $865 $19,700 $0 $0
2017 $828 $19,700 $0 $0
2016 $787 $19,700 $0 $0
2015 $752 $19,700 $0 $0
2014 $746 $19,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171160

Bright MLS

APN: 334-19.00-163.10-7