NOT LISTED FOR SALE

37389 5th St Rehoboth Beach, DE 19971

Estimated Value: $569,000 - $722,449

1 Bed
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 26, 2019

Last sale price $310,000

Est. 109% increase in value since last sale

Current estimated payment $3,513/month

Highlights

  • No HOA
  • Cottage
  • Heat Pump System
  • Rehoboth Elementary School Rated A
  • Central Air

About This Home

As of September 2019

This home is located at 37389 5th St, Rehoboth Beach, DE 19971 since 26 September 2019 and is currently estimated at $648,362. 37389 5th St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 09/26/2019

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Blair Cherico

(302) 227-6767 blair.cherico@oasir.net Monument Sotheby's International Realty License #RS-0022554

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00
  • Property is zoned AR-1

Parking

  • Driveway

Home Design

  • Cottage
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-63.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5201912
  • School Tax: 502.00
  • Tax Annual Amount: 555.00
  • Assessor Parcel Number: 334-19.16-63.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Sep 9, 2019
Sold by
Robinson Richard D
Bought by
Payne David M
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Blair Cherico
Monument Sotheby's International Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$648,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,362
Avg. Annual Appreciation
12.64%
Original Mortgage
$240,000
Outstanding Balance
$209,788
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$438,574

Purchase Details

Closed on
May 8, 2000
Bought by
Robinson Richard D
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
Payne David M $310,000 --
Robinson Richard D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne David M $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $310,000 -1.6% --
09/26/2019 09/26/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $315,000 -- --
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 $1,223 $11,800 $3,750 $8,050
2024 $582 $11,800 $3,750 $8,050
2023 $581 $11,800 $3,750 $8,050
2022 $561 $11,800 $3,750 $8,050
2021 $556 $11,800 $3,750 $8,050
2020 $554 $11,800 $3,750 $8,050
2019 $555 $11,800 $3,750 $8,050
2018 $518 $11,800 $0 $0
2017 $496 $11,800 $0 $0
2016 $471 $11,800 $0 $0
2015 $450 $11,800 $0 $0
2014 $447 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU148374

Bright MLS

APN: 334-19.16-63.00