NOT LISTED FOR SALE

37363 7th St Rehoboth Beach, DE 19971

Estimated Value: $628,616 - $996,000

4 Beds
3 Baths
2,000 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $350,000 $175 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,741/month

48 Days on Market

Highlights

  • Marina
  • Water Access
  • Rambler Architecture
  • Rehoboth Elementary School Rated A
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of September 2014

Double your beach fun with these two homes on Large Lot for one low price. Live in one and rent the other. Both have complete kitchens and are ready for your next adventure. This mini sea-side compound, just a bike ride to the beach, awaits new owners. Hurry this deal won't last long.

Last Agent to Sell the Property

Joseph Maggio

Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 07/03/2014

Co-Listed By

JOSEPH MAGGIO

JOE MAGGIO REALTY

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Property is Fully Fenced
  • Landscaped

Home Design

  • Rambler Architecture
  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Family Room
  • Combination Kitchen and Living
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-83.00

Community Details

Overview

  • No Home Owners Association
  • Bay Vista Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Double your beach fun with these two homes on Large Lot for one low price. Live in one and rent the other. Both have complete kitchens and are ready for your next adventure. This mini sea-side compound, just a bike ride to the beach, awaits new owners. Hurry this deal won't last long.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Living, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 10
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Laundry, Maid/Guest Quarters, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Net Sq Ft: 2000.00
  • Price Per Sq Ft: 187.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37363

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Wall Unit
  • Heating Type: Heat Pump(s), Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Marina/Marina Club
  • HOA: No

Schools

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

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75x100
  • Lot Size Units: Acres
  • Outdoor Living Structures: Patio(s), Porch(es), Screened

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201937
  • Assessor Parcel Number: 334-19.16-83.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/30/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Sep 30, 2014
Sold by
Mark Mark and Minuti Denise M
Bought by
Morris Benjamin S
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$350,000
Sold Price
$350,000
Total Days on Market
48
Current Estimated Value
$838,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,654
Avg. Annual Appreciation
8.52%
Original Mortgage
$262,500
Outstanding Balance
$204,047
Interest Rate
4.09%
Mortgage Type
Unknown
Estimated Equity
$634,607
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
Morris Benjamin S $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Benjamin S $262,500
Previous Owner Minuti Mark $240,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $350,000 0.0% $175 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $350,000 -- $175 / 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 $606 $9,950 $3,750 $6,200
2023 $606 $9,950 $3,750 $6,200
2022 $585 $9,950 $3,750 $6,200
2021 $2 $9,950 $3,750 $6,200
2020 $577 $9,950 $3,750 $6,200
2019 $578 $9,950 $3,750 $6,200
2018 $437 $9,950 $0 $0
2017 $418 $9,950 $0 $0
2016 $397 $9,950 $0 $0
2015 $380 $9,950 $0 $0
2014 $377 $9,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001197666

Bright MLS

APN: 334-19.16-83.00