NOT LISTED FOR SALE

37450 1st St Rehoboth Beach, DE 19971

Estimated Value: $471,000 - $1,357,000

1 Bed
1 Bath
650 Sq Ft
4,792 Sq Ft Lot

Highlights

  • In Ground Pool
  • Coastal Architecture
  • Level Entry For Accessibility
  • Rehoboth Elementary School Rated A
  • Furnished
  • Central Air

About This Home

As of May 2022

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.

Last Agent to Rent the Property

ROBERT MCVEY III

(302) 227-9477 bobbym@mannandsons.com Mann & Sons, Inc. License #RS-0022347 Listed on: 12/31/2021

Last Renter's Agent

ROBERT MCVEY III

(302) 227-9477 bobbym@mannandsons.com Mann & Sons, Inc. License #RS-0022347 Listed on: 12/31/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 2016

Lot Details

  • 4,792

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 650 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Gas Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Gravel Driveway

Accessible Home Design

  • Level Entry For Accessibility

Pool

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,500
  • Requires 2 Months of Rent Paid Up Front
  • Rent includes air conditioning, cable TV, electricity, furnished, gas, lawn service, parking, pool maintenance, sewer, trash removal, water
  • No Smoking Allowed
  • 4-Month Lease Term
  • Available 5/18/22
  • Assessor Parcel Number 334-19.16-13.02

Community Details

Overview

  • Low-Rise Condominium
  • Bay Vista Subdivision

Pet Policy

  • No Pets Allowed

Recreation

  • In Ground Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,499

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Date Available: 2022-05-18
  • Furnished: Yes
  • Months Rent Up Front: 2.0
  • Pets Allowed: No
  • Rent Includes: Air Conditioning, Cable Tv, Electricity, Furnished, Gas, Lawn Service, Parking, Pool Maintenance, Sewer, Trash Removal, Water
  • Security Deposit: 1500.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 4
  • Min Lease in Months: 4
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Remarks Public: 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.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 650
  • Living Area Sq Ft: 650
  • Price Per Sq Ft: 17.69
  • Above Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37450

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 5201828
  • Assessor Parcel Number: 334-19.16-13.02
  • Tax Data Updated: No
  • Close Date: 05/11/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2015
Bought by
Matthews John
Current Estimated Value
$1,016,000
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
Matthews John $195,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 -- --
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 $1,499 $29,650 $2,500 $27,150
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

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Map

Source: Bright MLS

MLS Number: DESU2012312

Bright MLS

APN: 334-19.16-13.02