NOT LISTED FOR SALE

37406 3rd St Rehoboth Beach, DE 19971

Estimated Value: $940,441 - $1,473,000

5 Beds
5 Baths
4,447 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $680,000 $153 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,596/month

258 Days on Market

Highlights

  • Second Kitchen
  • Bay View
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • Wood Flooring

About This Home

As of January 2021

Welcome to Bay Vista! This resort community is located just minutes from the towns of Rehoboth Beach and Dewey Beach. There is also a private marina on the Lewes and Rehoboth Canal with access to Delaware Bay, Rehoboth and Indian River Bays, and the Atlantic Ocean. This home has over 4,400 square feet of heated living area and everything needed for vertical living. There are lots of windows and plenty of light! Upon entering the first level you find a large foyer with a guest bedroom, full bath, large laundry room, and elevator that goes to the third floor. There is a private guest apartment in the rear of the home with a separate entrance. It includes a living room and kitchen as well as two bedroom suites with walk-in closets and heated bath floors. The hallway and all doors are handicapped accessible. The second level includes a great room with hardwood floors throughout. There is a gas fireplace with stone hearth and a large dining area. The gourmet kitchen has granite countertops, double ovens, six burner gas range, wet bar, wine cooler, and large pantry. There is also a guest bedroom/den, full bath, and a large sunroom. The third level has a loft overlooking the second floor living area, library, and office. The master bedroom on the third floor has a gas fireplace connecting to the master bath. A jetted tub and large tiled shower with double shower heads and side jets make this an oasis of relaxation. Step out of the shower onto a heated tile floor. Enjoy double sinks and ample storage for towels and bathroom accessories. Privacy is maintained with a water closet. The fourth level has a small room that gives access to a very private roof top deck with wonderful views of the surrounding community and a peak of Rehoboth Bay. There are lots of upgrades throughout the home including five separate storage areas, one that is cedar lined. There is also a sound system with speakers in most rooms. Large paver front yard for plenty of parking and very little yard maintenance. This home is a "must see" to appreciate all of the amenities. Although never rented, this property also has great rental potential. One of the Sellers is a licensed REALTOR in the State of Delaware.

Last Agent to Sell the Property

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220 Listed on: 02/15/2020

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

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

Last Buyer's Agent

Ruth Clancy

(302) 740-0464 ruth.clancy@foxroach.com BHHS Fox & Roach - Hockessin License #RS313241

BHHS Fox & Roach - Hockessin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Extensive Hardscape
  • Cleared Lot
  • Property is in good condition
  • Property is zoned AR-1 149

Property Views

  • Bay
  • Limited

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Double Hung Windows
  • Casement Windows
  • Window Screens
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Library
  • Loft
  • Hobby Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Propane
  • Water Dispenser
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Dwelling with Separate Living Area

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 334-19.16-48.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,131

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dwelling W/Separate Living Area
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, Elevator, 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Fee Simple
  • Exclusions: Washer and dryer
  • Historic: No
  • Inclusions: All appliances and piano.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to Bay Vista! This resort community is located just minutes from the towns of Rehoboth Beach and Dewey Beach. There is also a private marina on the Lewes and Rehoboth Canal with access to Delaware Bay, Rehoboth and Indian River Bays, and the Atlantic Ocean. This home has over 4,400 square feet of heated living area and everything needed for vertical living. There are lots of windows and plenty of light! Upon entering the first level you find a large foyer with a guest bedroom, full bath, large laundry room, and elevator that goes to the third floor. There is a private guest apartment in the rear of the home with a separate entrance. It includes a living room and kitchen as well as two bedroom suites with walk-in closets and heated bath floors. The hallway and all doors are handicapped accessible. The second level includes a great room with hardwood floors throughout. There is a gas fireplace with stone hearth and a large dining area. The gourmet kitchen has granite countertops, double ovens, six burner gas range, wet bar, wine cooler, and large pantry. There is also a guest bedroom/den, full bath, and a large sunroom. The third level has a loft overlooking the second floor living area, library, and office. The master bedroom on the third floor has a gas fireplace connecting to the master bath. A jetted tub and large tiled shower with double shower heads and side jets make this an oasis of relaxation. Step out of the shower onto a heated tile floor. Enjoy double sinks and ample storage for towels and bathroom accessories. Privacy is maintained with a water closet. The fourth level has a small room that gives access to a very private roof top deck with wonderful views of the surrounding community and a peak of Rehoboth Bay. There are lots of upgrades throughout the home including five separate storage areas, one that is cedar lined. There is also a sound system with speakers in most rooms. Large paver front yard for plenty of parking and very little yard maintenance. This home is a "must see" to appreciate all of the amenities. Although never rented, this property also has great rental potential. One of the Sellers is a licensed REALTOR in the State of Delaware.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Exhaust Fan, Intercom, Microwave, Oven - Double, Oven - Single, Oven - Wall, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Water Dispenser, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: 2nd Kitchen, Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Combination Dining/Living, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Casement, Double Hung, Double Pane, Insulated, Screens
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Double Sided
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Elevators Count: 1
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 4
  • Levels Count: 4
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Library, Foyer, Bedroom 1, Sun/Florida Room, Great Room, Laundry, Loft, Office, Bathroom 1, Bathroom 2, Bathroom 3, Hobby Room, Primary Bathroom
  • Basement: No
  • Laundry Type: Lower Floor, Hookup
  • Total Sq Ft: 4724
  • Living Area Sq Ft: 4447
  • Price Per Sq Ft: 157.39
  • Above Grade Finished Sq Ft: 4447
  • Above Grade Unfinished Sq Ft: 277
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37406

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Stick Built, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Outside Shower, Sidewalks
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Limited, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Multi Units
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane, Sewer Available, Water Available, Electric Available
  • Water Source: Private/Community Water
  • Municipal Trash: No

Condo/Co-op/Association

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: AR-1 149
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1929.00
  • Tax Annual Amount: 2131.00
  • Assessor Parcel Number: 334-19.16-48.01
  • Tax Lot: 156
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/08/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jan 4, 2021
Sold by
Millman Terry A and Millman Bonita R
Bought by
Rooney Steven P
Seller's Agent
Terry Millman
Jack Lingo - Rehoboth
Buyer's Agent
Ruth Clancy
BHHS Fox & Roach - Hockessin
List Price
$749,900
Sold Price
$680,000
Premium/Discount to List
-$69,900
-9.32%
Current Estimated Value
$1,200,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,610
Avg. Annual Appreciation
12.77%
Original Mortgage
$510,000
Outstanding Balance
$455,177
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$745,433
Source: Public Records

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
Rooney Steven P $680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rooney Steven P $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $680,000 -2.8% $153 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $699,900 -2.7% $157 / Sq Ft
08/03/2020 08/03/20 Price Changed $719,000 -2.8% $162 / Sq Ft
07/02/2020 07/02/20 Price Changed $739,900 -0.7% $166 / Sq Ft
05/12/2020 05/12/20 Price Changed $744,900 -0.7% $168 / Sq Ft
02/15/2020 02/15/20 For Sale $749,900 -- $169 / 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 $2,771 $45,400 $2,500 $42,900
2024 $2,238 $45,400 $2,500 $42,900
2023 $2,236 $45,400 $2,500 $42,900
2022 $2,158 $45,400 $2,500 $42,900
2021 $2,138 $45,400 $2,500 $42,900
2020 $1,731 $45,400 $2,500 $42,900
2019 $1,735 $45,400 $2,500 $42,900
2018 $1,594 $45,400 $0 $0
2017 $1,909 $45,400 $0 $0
2016 $1,814 $45,400 $0 $0
2015 $1,733 $45,400 $0 $0
2014 $1,720 $45,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155710

Bright MLS

APN: 334-19.16-48.01