Seller's Agent in 2017
Frank Hornstein
Iron Valley Real Estate at The Beach
(302) 213-3868
8 in this area
81 Total Sales
37524 Washington St Rehoboth Beach, DE 19971
Estimated Value: $829,000 - $1,148,000
2
Beds
1
Bath
616
Sq Ft
$1,577/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- No HOA
- Rehoboth Elementary School Rated A
- Attic
- Enclosed Patio or Porch
About This Home
As of June 2017This charming cottage sits on an over-sized lot measuring 55x150. It was moved from Bethany Beach in 1963 to save it the waves. It has been meticulously maintained by the current owner. The roof was replaced 2 years ago with 55 year fiberglass shingle, the hot water heater is 1 year old, the interior was painted a year ago, the carpet was replaced 2 years ago, the well water treatment system is 5 years old, stove, refrigerator and washer are all 3 years old. The home is wrapped in insulation and Tyvek. Windows are Pella and Anderson. Security system is owned. There is parking for 5 cars. There is also a 10x12 shed w/ electricity for all the extra storage needs. Thermostats in every room to help keep heating costs down. Rents for $1100. a month. Zoned C-1 which allows for commercial ventures. Can easily be used as an office and has been in the past.. Walking distance to town and the beach. All within a very private setting at the corner of Washington and Atlantic.
Last Agent to Sell the Property
(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 10/25/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 7,841 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Cleared Lot
- Zoning described as GENERAL RESIDENTIAL
Home Design
- Bungalow
- Block Foundation
- Architectural Shingle Roof
- Stick Built Home
- Composite Building Materials
Interior Spaces
- 616 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Window Screens
- Insulated Doors
- Combination Kitchen and Dining Room
- Crawl Space
- Attic
Kitchen
- Gas Oven or Range
- Microwave
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Electric Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
- Storm Doors
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Driveway
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Outdoor Shower
- Deck
- Enclosed Patio or Porch
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Well
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Washington Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-13.20-71.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2021
Sold by
Younh Stephen and Young Michelle A
Bought by
Lefever Kenneth D and Lefever Karen A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$466,809
Interest Rate
3.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$504,921
Purchase Details
Closed on
Jul 29, 2020
Sold by
Grouge Theresa L and Weiner Beth
Bought by
Young Stephen and Young Michelle A
Purchase Details
Listed on
Oct 25, 2016
Closed on
Jun 23, 2017
Sold by
Re4v William P Mathesius Living Trust Da
Bought by
Wiener Beth and Grouge Theresa L
Seller's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
Buyer's Agent
GLENN FORNOFF
Iron Valley Real Estate at The Beach
List Price
$665,000
Sold Price
$575,000
Premium/Discount to List
-$90,000
-13.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$460,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 1996
Bought by
Mathesius William P Rev (Trustee)
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lefever Kenneth D | $705,000 | None Available | |
| Young Stephen | $650,000 | None Available | |
| Wiener Beth | $1,150,000 | None Available | |
| Mathesius William P Rev (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lefever Kenneth D | $548,000 | |
| Previous Owner | Wiener Beth | $460,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2017 06/23/17 | Sold | $575,000 | -13.5% | $933 / Sq Ft |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- |
| 10/25/2016 10/25/16 | For Sale | $665,000 | -- | $1,080 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,052 | $9,100 | $4,150 | $4,950 |
| 2024 | $1,070 | $9,100 | $4,150 | $4,950 |
| 2023 | $1,069 | $9,100 | $4,150 | $4,950 |
| 2022 | $1,031 | $9,100 | $4,150 | $4,950 |
| 2021 | $1,022 | $9,100 | $4,150 | $4,950 |
| 2020 | $1,019 | $9,100 | $4,150 | $4,950 |
| 2019 | $1,020 | $9,100 | $4,150 | $4,950 |
| 2018 | $400 | $9,100 | $0 | $0 |
| 2017 | $383 | $9,100 | $0 | $0 |
| 2016 | $364 | $9,100 | $0 | $0 |
| 2015 | $347 | $9,100 | $0 | $0 |
| 2014 | $345 | $9,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Hornstein
-
GLENN FORNOFF
Buyer's Agent in 2017
GLENN FORNOFF
Iron Valley Real Estate at The Beach
(301) 787-6810
1 in this area
36 Total Sales
Map
Source: Bright MLS
MLS Number: 1001023018
APN: 334-13.20-71.00
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