NOT LISTED FOR SALE

37390 5th St Rehoboth Beach, DE 19971

Estimated Value: $449,178 - $752,000

2 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $310,000

Est. 98% increase in value since last sale

Current estimated payment $3,490/month

49 Days on Market

Highlights

  • Main Floor Bedroom
  • Sun or Florida Room
  • No HOA
  • Rehoboth Elementary School Rated A
  • Great Room
  • Screened Porch

About This Home

As of December 2019

Price Improvement Seller now offering a $5,000 credit at settlement & one year home warranty! Fantastic location in sought after Bay Vista! This is a unique opportunity with great income potential or use this floor plan to your advantage with a ready made in-law suite You decide. Terrific location where you can walk or bike to the beach, or jump on the beach shuttle in front of Big Fish Grill. Just two miles to Downtown Rehoboth Beach. This is one house with two living spaces plus two covered outdoor showers, a screened porch with loft and a large storage shed. Each unit has it's own laundry room with washer and dryer. This location affords you close proximity to the community boat launch access, nearby shopping & restaurants. Rarely does an opportunity to live in home with a separate suite present itself. Don't miss it!

Last Agent to Sell the Property

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 09/20/2019

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

Monument Sotheby's International Realty

Last Buyer's Agent

Todd Stonesifer

The Moving Experience Delaware Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1969

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Property is in good condition
  • Property is zoned AR-1

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Great Room
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-70.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-09-20
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Remarks Public: Price Improvement Seller now offering a $5,000 credit at settlement & one year home warranty! Fantastic location in sought after Bay Vista! This is a unique opportunity with great income potential or use this floor plan to your advantage with a ready made in-law suite You decide. Terrific location where you can walk or bike to the beach, or jump on the beach shuttle in front of Big Fish Grill. Just two miles to Downtown Rehoboth Beach. This is one house with two living spaces plus two covered outdoor showers, a screened porch with loft and a large storage shed. Each unit has it's own laundry room with washer and dryer. This location affords you close proximity to the community boat launch access, nearby shopping & restaurants. Rarely does an opportunity to live in home with a separate suite present itself. Don't miss it!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Icemaker, Extra Refrigerator/Freezer, Oven/Range - Electric, Dishwasher, Microwave, Washer, Dryer, Water Heater, Washer - Front Loading, Dryer - Front Loading
  • Interior Amenities: Entry Level Bedroom
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Bathroom 1, Screened Porch
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37390

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • 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, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5201923
  • School Tax: 347.00
  • Tax Annual Amount: 386.00
  • Assessor Parcel Number: 334-19.16-70.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/27/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 18, 2019
Sold by
Robinson Richard D
Bought by
Mahoney Christopher Z and Mahoney Jillian
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Todd Stonesifer
The Moving Experience Delaware Inc
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Total Days on Market
49
Current Estimated Value
$615,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,295
Avg. Annual Appreciation
12.21%
Original Mortgage
$316,665
Interest Rate
3.6%
Mortgage Type
VA
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
Mahoney Christopher Z $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahoney Jillian $316,410
Closed Mahoney Christopher Z $313,000
Closed Mahoney Christopher Z $316,665
Previous Owner Robinson Richard D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $310,000 -8.2% --
11/09/2019 11/09/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $337,850 0.0% --
10/17/2019 10/17/19 Price Changed $337,900 -3.5% --
09/20/2019 09/20/19 For Sale $350,000 -- --
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
2024 $434 $8,800 $2,500 $6,300
2023 $433 $8,800 $2,500 $6,300
2022 $418 $8,800 $2,500 $6,300
2021 $414 $8,800 $2,500 $6,300
2020 $413 $8,800 $2,500 $6,300
2019 $414 $8,800 $2,500 $6,300
2018 $386 $8,800 $0 $0
2017 $370 $8,800 $0 $0
2016 $352 $8,800 $0 $0
2015 $336 $8,800 $0 $0
2014 $333 $8,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU147250

Bright MLS

APN: 334-19.16-70.00