NOT LISTED FOR SALE

37423 5th St Rehoboth Beach, DE 19971

Estimated Value: $739,636 - $835,000

4 Beds
2 Baths
-- Sq Ft
6,800 Sq Ft Lot

Last Sold August 04, 2014

Last sale price $409,000

Est. 91% increase in value since last sale

Current estimated payment $4,429/month

260 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Canal View
  • Corner Lot

About This Home

As of August 2014

Oversized corner lot w/ exceptional vistas of Thompson Island State Park, Rehoboth Bay & canal. Elec fence around lot. HW floors thru out ff; open kitchen; wraparound screen porch to soak in the views. 1.5 miles to beach.Private marina around the corner. No HOA fees. Must see to appreciate.Motivated

Last Agent to Sell the Property

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508 Listed on: 10/07/2013

Jack Lingo - Rehoboth

Last Buyer's Agent

John Rishko

Patterson-Schwartz-Rehoboth

Patterson-Schwartz-Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $562

Year Built

  • 1974

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 68 x 100
  • Landscaped
  • Corner Lot

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Screens
  • Combination Kitchen and Living
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Screened Patio
  • Outbuilding
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-67.00

Community Details

Overview

  • No Home Owners Association
  • Bay Vista Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$562

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Oversized corner lot w/ exceptional vistas of Thompson Island State Park, Rehoboth Bay & canal. Elec fence around lot. HW floors thru out ff; open kitchen; wraparound screen porch to soak in the views. 1.5 miles to beach.Private marina around the corner. No HOA fees. Must see to appreciate.Motivated
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1974

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Wall, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s), Skylight(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Kitchen, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 37423

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • View: Canal
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Marina/Marina Club
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.16
  • Lot Dimensions: 68 x 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 6800.00
  • Outdoor Living Structures: Porch(es), Screened, Wrap Around

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.16-67.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/04/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Aug 1, 2014
Sold by
Steven A Steven A and Preston Brown Mary A
Bought by
Martinelli Vincent L and Tiernan Melissa T
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
John Rishko
Patterson-Schwartz-Rehoboth
List Price
$409,000
Sold Price
$409,000
Total Days on Market
260
Current Estimated Value
$780,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,659
Avg. Annual Appreciation
6.03%
Original Mortgage
$368,100
Interest Rate
4.09%
Mortgage Type
Unknown
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
Martinelli Vincent L $409,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinelli Melissa T $337,000
Closed Martinelli Vincent L $368,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $409,000 0.0% --
06/24/2014 06/24/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $409,000 -- --
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 $562 $11,400 $3,400 $8,000
2023 $561 $11,400 $3,400 $8,000
2022 $542 $11,400 $3,400 $8,000
2021 $537 $11,400 $3,400 $8,000
2020 $535 $11,400 $3,400 $8,000
2019 $536 $11,400 $3,400 $8,000
2018 $501 $11,400 $0 $0
2017 $479 $11,400 $0 $0
2016 $455 $11,400 $0 $0
2015 $435 $11,400 $0 $0
2014 $432 $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000977508

Bright MLS

APN: 334-19.16-67.00