NOT LISTED FOR SALE

37450 1st St Rehoboth Beach, DE 19971

Estimated Value: $355,714 - $1,304,000

1 Bed
1 Bath
650 Sq Ft
$1,354/Sq Ft Est. Value

About This Home

PRICED REDUCED FROM $16,000 TO $11,500 ON 5/2/22!

Beautifully renovated in 2021, this seasonal (6/1/22-8/31/22) 1st floor apartment with private exterior entrance located approximately 2.2 miles to Rehoboth's nearest beach and boardwalk access. Walk out from your bedroom or kitchen to access a lovely in-ground private salt water pool. All utilities, professional bi-weekly cleanings, and parking are included. The lease is for a maximum of two tenants from 6/1/22 to 8/31/22 . The property owners seasonal residence is on floors 2 & 3 and will be very respectful of your privacy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2015
Bought by
Matthews John
Current Estimated Value
$880,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
3.68%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Matthews John $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Matthews John $548,000
Closed Matthews John $60,000
Closed Matthews John $25,000
Closed Matthews John $10,000
Closed Matthews John $417,000
Closed Matthews John $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Rented $12,500 +8.7% --
05/02/2022 05/02/22 Price Changed $11,500 -28.1% $18 / Sq Ft
03/26/2022 03/26/22 Price Changed $16,000 -17.9% $25 / Sq Ft
12/31/2021 12/31/21 For Rent $19,500 -- --

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 $1,792 $29,650 $2,500 $27,150
2023 $1,790 $29,650 $2,500 $27,150
2022 $1,450 $29,650 $2,500 $27,150
2021 $1,436 $29,650 $2,500 $27,150
2020 $1,432 $29,650 $2,500 $27,150
2019 $1,434 $29,650 $2,500 $27,150
2018 $1,302 $29,650 $0 $0
2017 $1,247 $29,650 $0 $0
2016 $100 $2,500 $0 $0
2015 $95 $2,500 $0 $0
2014 $95 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    ROBERT MCVEY III

    Mann & Sons, Inc.

    (302) 227-9477

    4 in this area

    34 Total Sales

    ROBERT MCVEY III
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Map

Delaware Sussex County Rehoboth Beach 19971

37450 1st St, Rehoboth Beach, DE

This home is located at 37450 1st St, Rehoboth Beach, DE 19971 and is currently estimated at $880,179, approximately $1,354 per square foot. 37450 1st St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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