NOT LISTED FOR SALE

37411 Basin St Rehoboth Beach, DE 19971

Estimated Value: $420,738 - $1,068,000

8 Beds
4 Baths
2,000 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $360,000 $180 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,172/month

7 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Open Floorplan

About This Home

As of July 2017

Get it while you can!! Great rental potential in this duplex only 1.2 miles to the boardwalk. New membrane roof and windows throughout 2 yrs old, ALL appliances (both units) 3 yrs old. Add some tlc or renovate and increase the renal income even more or rent one use the other. Rental income of approx. $24K, Both units are open floor plans Kitchen/dining/family combo, 1st floor unit is a 4bd/2ba, front deck, 2nd floor 4 beds/2ba front & rear decks, 4th bedroom/full bath has an exterior entrance and can be used as an in law/owner suite. Off street parking for 5, outdoor shower,Meticulously grown back yard meadow full of flowers, full fencing, oversized 7500sq' lot, private marina and boat ramp based on a 1st come basis at end of street. Duplexes in this community are rare, renovation project is feasible. Won't last long for a water front community this close to the beach!!! Bike to the beach and boards

Last Agent to Sell the Property

JOSEPH CHOMA

Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 05/30/2017

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $616

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped

Home Design

  • Semi-Detached or Twin Home
  • Flat Roof Shape
  • Block Foundation
  • Rubber Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room
  • Open Floorplan
  • Dining Room

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Walk-Up Access

Home Security

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.16-18.00

Community Details

Overview

  • No Home Owners Association
  • Bay Vista Subdivision

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$616

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1955
  • Remarks Public: Get it while you can!! Great rental potential in this duplex only 1.2 miles to the boardwalk. New membrane roof and windows throughout 2 yrs old, ALL appliances (both units) 3 yrs old. Add some tlc or renovate and increase the renal income even more or rent one use the other. Rental income of approx. $24K, Both units are open floor plans Kitchen/dining/family combo, 1st floor unit is a 4bd/2ba, front deck, 2nd floor 4 beds/2ba front & rear decks, 4th bedroom/full bath has an exterior entrance and can be used as an in law/owner suite. Off street parking for 5, outdoor shower,Meticulously grown back yard meadow full of flowers, full fencing, oversized 7500sq' lot, private marina and boat ramp based on a 1st come basis at end of street. Duplexes in this community are rare, renovation project is feasible. Won't last long for a water front community this close to the beach!!! Bike to the beach and boards
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, 2nd Kitchen, Entry Level Bedroom, Ceiling Fan(s), Skylight(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 15
  • Room List: Dining Room, Kitchen, Family Room, Laundry, Efficiency (Additional), Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Net Sq Ft: 2000.00
  • Price Per Sq Ft: 184.95
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37411

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Flat, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Wall Unit, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.17
  • Lot Size Units: Acres
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5201845
  • Assessor Parcel Number: 334-19.16-18.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/21/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Dedeyan Saro and Jones Kimmith
Bought by
Susan A Dedeyan Ret
Total Days on Market
7
Current Estimated Value
$734,185

Purchase Details

Closed on
Jun 16, 2021
Sold by
Wade Edward and Wade Patrcia
Bought by
Sandy Beesings Llc

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 25, 2017
Sold by
Suda Lawrence L
Bought by
Wade Edward and Wade Patricia
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 21, 2017
Sold by
Suda Lawrence L
Bought by
Wade Edward and Wade Patricia
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Purchase Details

Closed on
Jun 24, 1991
Bought by
Suda Lawrence L
Source: Public Records

Range of Values:

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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
Susan A Dedeyan Ret $405,000 None Available
Sandy Beesings Llc -- None Available
Wade Edward $360,000 None Available
Wade Edward $360,000 None Available
Suda Lawrence L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $360,000 -2.7% $180 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $369,900 -- $185 / 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
2024 $616 $12,500 $2,500 $10,000
2023 $616 $12,500 $2,500 $10,000
2022 $594 $12,500 $2,500 $10,000
2021 $589 $12,500 $2,500 $10,000
2020 $587 $12,500 $2,500 $10,000
2019 $588 $12,500 $2,500 $10,000
2018 $549 $12,500 $0 $0
2017 $526 $12,500 $0 $0
2016 $499 $12,500 $0 $0
2015 $477 $12,500 $0 $0
2014 $474 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001030052

Bright MLS

APN: 334-19.16-18.00