NOT LISTED FOR SALE

37394 5th St Rehoboth Beach, DE 19971

Estimated Value: $194,792 - $1,348,000

2 Beds
1 Bath
-- Sq Ft
0.4 Acres

Last Sold January 31, 2024

Last sale price $1,320,000

Est. 35% decrease in value since last sale

Current estimated payment $4,821/month

6 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Central Air
  • Rehoboth Elementary School Rated A
  • Bungalow
  • Electric Baseboard Heater

About This Home

As of January 2024

Well maintained home in Bay Vista. No HOA. Property is being sold together with the adjoining 100' x 100' lot on 258 Bay Vista. Amaizing location within walking/ biking distance to all attractions. Less than 3 miles to the beach and boardwalk! This home features an updated kitchen & Bathroom, large porch, detached garage, private rear yard, many mature trees, shrubbery, and perennial flowers. There is plenty of storage with 2 sheds. Home conveyed " As Is."

Last Agent to Sell the Property

Andy Whitescarve Whitescarver

RE/MAX Realty Group Rehoboth Listed on: 12/29/2023

Last Buyer's Agent

Jason Wilson

360 PROPERTY SOLUTIONS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Property is zoned AR-1

Parking

  • 1 Car Detached Garage
  • 5 Driveway Spaces
  • Front Facing Garage

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Additional Features

  • Property has 1 Level
  • Flood Risk

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-69.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: personal Property
  • Inclusions: Microwave
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37394

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.40
  • Lot Dimensions: 75.00 x 100.00 & 100x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17405.00
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 455.00
  • Tax Annual Amount: 500.00
  • Assessor Parcel Number: 334-19.16-69.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/31/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Thompson Elizabeth Drew
Bought by
Edt Properties Llc
Total Days on Market
6
Current Estimated Value
$854,698

Purchase Details

Listed on
Dec 29, 2023
Closed on
Jan 30, 2024
Sold by
Houseal Janet R and Becker Solomon
Bought by
Thompson Elizabeth Drew
Seller's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
Buyer's Agent
Jason Wilson
360 PROPERTY SOLUTIONS
List Price
$630,000
Sold Price
$1,320,000
Premium/Discount to List
$690,000
109.52%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.53%
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
Edt Properties Llc -- None Listed On Document
Thompson Elizabeth Drew $1,320,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $1,320,000 -0.8% --
01/06/2024 01/06/24 Price Changed $1,330,000 +111.1% --
01/04/2024 01/04/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $630,000 -- --
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 $500 $10,150 $3,750 $6,400
2023 $500 $10,150 $3,750 $6,400
2022 $482 $10,150 $3,750 $6,400
2021 $478 $10,150 $3,750 $6,400
2020 $477 $10,150 $3,750 $6,400
2019 $477 $10,150 $3,750 $6,400
2018 $446 $10,150 $0 $0
2017 $427 $10,150 $0 $0
2016 $405 $10,150 $0 $0
2015 $387 $10,150 $0 $0
2014 $385 $10,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2053566

Bright MLS

APN: 334-19.16-69.00