NOT LISTED FOR SALE

37484 Washington St Rehoboth Beach, DE 19971

Estimated Value: $1,371,000 - $1,993,000

3 Beds
2 Baths
2,450 Sq Ft
$634/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $1,200,000 $490 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,434/month

Highlights

  • Spa
  • City View
  • Deck
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Wood Flooring

About This Home

As of January 2022

Welcome to the community of Washington Heights with its mixed commercial/residential bohemian groove on the right side of Coastal highway. Luxury homes, Bike trail access, a bakery, our favorite greasy spoon, the YMCA, restaurants, retail and a great Happy Hour are all just steps away. And only 6 blocks to the beach you will find this newer home custom built by the owner/builder with all the bells and whistles you would expect in modern living. This beach home features a wrap-around porch, 5 parking spaces, a first floor en-suite and two comfortable guest bedrooms. All season room opens to the outdoors and additional lounging area and a special purpose room call "Nowhere" . It is a heated outdoor dining /gathering space or professional demonstration room. Barn doors open on either side to allow the fun to spill over. Well maintained 8 person hot tub conveys, but there is room for a good size pool as well. Attachment of the many additional upgrades. Low maintenance materials, grounds, sprinkler system, storage shed and outside shower. Who could ask for anything more?

Last Agent to Sell the Property

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900 Listed on: 08/24/2021

Co-Listed By

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Last Buyer's Agent

Michael Reamy

(202) 236-3229 michael.reamy@oasir.net Monument Sotheby's International Realty License #RS-0024767

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 2015

Lot Details

  • 7,655 Sq Ft Lot
  • Downtown Location
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Property is in excellent condition
  • Property is zoned C1, Commercial with Residential use.

Property Views

  • City
  • Courtyard

Home Design

  • Coastal Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,450 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Crawl Space
  • Monitored
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces
  • Brick Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Washington Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-61.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to the community of Washington Heights with its mixed commercial/residential bohemian groove on the right side of Coastal highway. Luxury homes, Bike trail access, a bakery, our favorite greasy spoon, the YMCA, restaurants, retail and a great Happy Hour are all just steps away. And only 6 blocks to the beach you will find this newer home custom built by the owner/builder with all the bells and whistles you would expect in modern living. This beach home features a wrap-around porch, 5 parking spaces, a first floor en-suite and two comfortable guest bedrooms. All season room opens to the outdoors and additional lounging area and a special purpose room call "Nowhere" . It is a heated outdoor dining /gathering space or professional demonstration room. Barn doors open on either side to allow the fun to spill over. Well maintained 8 person hot tub conveys, but there is room for a good size pool as well. Attachment of the many additional upgrades. Low maintenance materials, grounds, sprinkler system, storage shed and outside shower. Who could ask for anything more?
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Double, Washer, Water Heater - Tankless
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2450
  • Living Area Sq Ft: 2450
  • Price Per Sq Ft: 530.20
  • Above Grade Finished Sq Ft: 2450
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37484

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: City, Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Phone, Electric Available, Cable Tv
  • Water Source: Public
  • Internet Services: Cable, Broadband

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: CAPE HENLOPEN
  • 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: CAPE HENLOPEN

Lot Info

  • Additional Parcels: No
  • Fencing: Fully
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7655.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Zoning: C1
  • Zoning Description: Commercial with Residential use.
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194903
  • Assessor Parcel Number: 334-13.20-61.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/13/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Jan 13, 2022
Sold by
Brooke Debora J
Bought by
Finkel Seth and Finkel Cristin
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Michael Reamy
Monument Sotheby's International Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%
Current Estimated Value
$1,553,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,625
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Summer Place Resort Assoc
Bought by
Swann Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2013
Sold by
Lavachia Joseph A and Lavachia Gary W
Bought by
Brooke Debora J
Source: Public Records

Range of Values:

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Average Value
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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
Finkel Seth $1,200,000 Tunnell & Raysor Pa
Swann Kevin $1,800 None Available
Brooke Debora J $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swann Kevin $1,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $1,200,000 0.0% $490 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/04/2021 11/04/21 Off Market $1,200,000 -- --
08/24/2021 08/24/21 For Sale $1,299,000 -- $530 / 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 $2,362 $18,500 $4,500 $14,000
2024 $1,151 $18,500 $4,500 $14,000
2023 $968 $18,500 $4,500 $14,000
2022 $934 $18,500 $4,500 $14,000
2021 $871 $18,500 $4,500 $14,000
2020 $869 $18,500 $4,500 $14,000
2019 $870 $18,500 $4,500 $14,000
2018 $812 $18,500 $0 $0
2017 $778 $18,500 $0 $0
2016 $739 $18,500 $0 $0
2015 $302 $7,900 $0 $0
2014 $299 $7,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2005100

Bright MLS

APN: 334-13.20-61.00