NOT LISTED FOR SALE

37402 3rd St Rehoboth Beach, DE 19971

Estimated Value: $480,000 - $683,000

2 Beds
2 Baths
1,136 Sq Ft
$512/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $315,000 $277 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,159/month

98 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Rehoboth Elementary School Rated A
  • Attic
  • No HOA

About This Home

As of June 2018

Don't miss out on this charming cottage with knotty pine paneling, hardwood floors, and located in the eclectic resort community of Bay Vista. No homeowner fees and close to the coastal resorts of Rehoboth Beach and Dewey Beach. This property is just a short drive to the Rehoboth boardwalk, fine dining, outlet shopping, and all of the fun this area has to offer! The home is perfect for year round living or use it as your second home and summer retreat. Updated between 2004 and 2007 with new roof, all new windows, heating and A/C systems, kitchen, baths, and more. Large shed in rear of property with private paver patio. Privately owned community marina with access to Lewes and Rehoboth Canal, Delaware Bay, the inland bays, and the Atlantic Ocean. This home is situated on a wonderful street with a mixture of year round and second home neighbors. This is your opportunity to purchase a little piece of heaven!

Last Agent to Sell the Property

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220 Listed on: 02/02/2018

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

(302) 226-6658 monk0388@aol.com Jack Lingo - Rehoboth License #RS-0016097

Last Buyer's Agent

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Landscaped
  • Sprinkler System
  • Property is zoned AR, AGRICULTURAL/RESIDENTIAL

Home Design

  • Rambler Architecture
  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home
  • Masonry
  • Stucco

Interior Spaces

  • 1,136 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Den
  • Sun or Florida Room
  • Crawl Space
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Gas
  • Heating System Uses Propane
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-48.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Remarks Public: Don't miss out on this charming cottage with knotty pine paneling, hardwood floors, and located in the eclectic resort community of Bay Vista. No homeowner fees and close to the coastal resorts of Rehoboth Beach and Dewey Beach. This property is just a short drive to the Rehoboth boardwalk, fine dining, outlet shopping, and all of the fun this area has to offer! The home is perfect for year round living or use it as your second home and summer retreat. Updated between 2004 and 2007 with new roof, all new windows, heating and A/C systems, kitchen, baths, and more. Large shed in rear of property with private paver patio. Privately owned community marina with access to Lewes and Rehoboth Canal, Delaware Bay, the inland bays, and the Atlantic Ocean. This home is situated on a wonderful street with a mixture of year round and second home neighbors. This is your opportunity to purchase a little piece of heaven!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Kitchen, Sun/Florida Room, Office, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1136
  • Living Area Sq Ft: 1136
  • Net Sq Ft: 1136.00
  • Price Per Sq Ft: 297.10
  • Above Grade Finished Sq Ft: 1136
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37402

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
  • Construction Materials: Masonry, Stick Built, Hardiplank Type, Stucco
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Gas, Propane
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s), Porch(es), Enclosed
  • Zoning: AR
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.16-48.00
  • County Tax Payment Frequency: Annually
  • Close Date: 06/28/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jun 28, 2018
Sold by
Millman Terry A and Millman Bonita R
Bought by
Hartman John D and Hartman Jodee L
Seller's Agent
Terry Millman
Jack Lingo - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$369,900
Sold Price
$315,000
Premium/Discount to List
-$54,900
-14.84%
Current Estimated Value
$581,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,573
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
May 23, 1984
Bought by
Millman Terry A and Millman Bonita R
Source: Public Records

Range of Values:

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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
Hartman John D -- --
Millman Terry A $64,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $315,000 -6.7% $277 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $337,500 -2.1% $297 / Sq Ft
04/11/2018 04/11/18 Price Changed $344,900 -2.8% $304 / Sq Ft
03/05/2018 03/05/18 Price Changed $354,900 -4.1% $312 / Sq Ft
02/02/2018 02/02/18 For Sale $369,900 -- $326 / 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
2025 $895 $7,350 $2,500 $4,850
2024 $362 $7,350 $2,500 $4,850
2023 $362 $7,350 $2,500 $4,850
2022 $349 $7,350 $2,500 $4,850
2021 $346 $7,350 $2,500 $4,850
2020 $345 $7,350 $2,500 $4,850
2019 $346 $7,350 $2,500 $4,850
2018 $323 $7,350 $0 $0
2017 $309 $7,350 $0 $0
2016 $294 $7,350 $0 $0
2015 $281 $7,350 $0 $0
2014 $278 $7,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001575744

Bright MLS

APN: 334-19.16-48.00