$410,000
SOLD DEC 6, 2024

37819 16n-5 Unit 2 Rehoboth Beach, DE 19971

1 Bed
1 Bath
375 Sq Ft
$205/mo HOA Fee

Recently Sold

$1,093 Per Sq Ft

8% Below List Price

141 Days on Market

Highlights

  • Main Floor Bedroom
  • Furnished
  • Cottage
  • Rehoboth Elementary School Rated A
  • Combination Kitchen and Living
  • Breakfast Area or Nook

About This Home

As of December 2024

Cozy Coastal Retreat on the Forgotten Mile! Discover your perfect beach getaway nestled between Rehoboth and Dewey. This turnkey, one-bedroom, one-bath property offers both charm and modern conveniences, making it an ideal investment opportunity or personal retreat. Enjoy stepping into this turnkey property with modern details including fully furnished with bistro-style table, pull out couch to sleep 4, and shiplap details throughout. French doors lead into a serene space will a queen bed, desk, and dresser. Renovated in 2020 this cottage has fun contemporary finishes including marble countertops, stainless steel appliances, stylish tile shower as well as an outdoor shower. The screened in porch is perfect for enjoying the coastal breeze without the bugs, or head out on a bike to local attractions as well as steps away from the Thompson Island Trail. Excellent rental history with potential income of $40,000. This beautiful cottage is perfect for those seeking a beachside retreat or a lucrative rental investment. Don’t miss the chance to own a slice of coastal paradise. For more information, or to schedule a showing, contact listing agent today! 4936-JL

Last Agent to Sell the Property

Chelsea Bristow

Jack Lingo - Lewes License #RS0036554

Jack Lingo - Lewes

Last Buyer's Agent

Alli Oliver

AO Retail Projects License #REO040000154

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $345

Year Built

  • Built in 1961 | Remodeled in 2020

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home
  • Cottage
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 375 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Combination Kitchen and Living
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-19.12-22.00-2

Community Details

Overview

  • Association fees include insurance, trash, common area maintenance, road maintenance, laundry
  • Sea Club Vi Condos

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$345

Year Built

Built in 1961 | Remodeled in 2020

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1961
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Cozy Coastal Retreat on the Forgotten Mile! Discover your perfect beach getaway nestled between Rehoboth and Dewey. This turnkey, one-bedroom, one-bath property offers both charm and modern conveniences, making it an ideal investment opportunity or personal retreat. Enjoy stepping into this turnkey property with modern details including fully furnished with bistro-style table, pull out couch to sleep 4, and shiplap details throughout. French doors lead into a serene space will a queen bed, desk, and dresser. Renovated in 2020 this cottage has fun contemporary finishes including marble countertops, stainless steel appliances, stylish tile shower as well as an outdoor shower. The screened in porch is perfect for enjoying the coastal breeze without the bugs, or head out on a bike to local attractions as well as steps away from the Thompson Island Trail. Excellent rental history with potential income of $40,000. This beautiful cottage is perfect for those seeking a beachside retreat or a lucrative rental investment. Don’t miss the chance to own a slice of coastal paradise. For more information, or to schedule a showing, contact listing agent today! 4936-JL
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 375
  • Living Area Sq Ft: 375
  • Price Per Sq Ft: 1133.33
  • Above Grade Finished Sq Ft: 375
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37819

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: Stick Built
  • Exterior Features: Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 615.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Sea Club VI
  • HOA Condo Co-Op Amenities: Laundry Facilities, Common Grounds
  • HOA Condo Co-Op Fee Includes: Insurance, Trash, Common Area Maintenance, Road Maintenance, Laundry
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 314.00
  • Tax Annual Amount: 345.00
  • Assessor Parcel Number: 334-19.12-22.00-2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 12/06/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $410,000 -3.5% $1,093 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $425,000 -1.2% $1,133 / Sq Ft
06/27/2024 06/27/24 Price Changed $430,000 -3.4% $1,147 / Sq Ft
05/30/2024 05/30/24 For Sale $445,000 +7.2% $1,187 / Sq Ft
12/22/2021 12/22/21 Sold $415,000 -3.5% $1,107 / Sq Ft
10/06/2021 10/06/21 For Sale $430,000 -- $1,147 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2063542

Bright MLS