$415,000
SOLD DEC 22, 2021

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

1 Bed
1 Bath
375 Sq Ft
$172/mo HOA Fee

Recently Sold

$1,107 Per Sq Ft

3% Below List Price

37 Days on Market

Highlights

  • Furnished
  • Great Room
  • Cottage
  • Rehoboth Elementary School Rated A
  • Screened Porch
  • Zoned Heating and Cooling

About This Home

As of December 2024

This adorable bungalow is affectionately named, Harbor. It is the most quintessential beach cottage you will ever see. Harbor is of course presented in a coastal Delaware motif with upscale finishes. It received $80k in high end updates over the last 2 years. Upon arrival you can pull into your dedicated parking space and enter through the screened-in porch. Perhaps after a day at the beach you may enjoy the additional outdoor seating area or the private outdoor shower. The great room features a spacious living room and the cutest kitchen with a Carrera marble countertop and perfectly sized appliances by Blomberg. The elements of the luxurious bathroom include a subway tile shower, modern vanity, a one-piece Kohler toilet, and a custom pocket door. The bedroom is comfortably sized and includes an office space/workstation. Harbor comes completely furnished and totally turnkey. Everything shown is included. It currently boasts almost $45,000 in yearly vacation rental earnings. You can’t beat that return on investment. The owner is also separately selling Harbor’s attached twin, Grace. It is a rare opportunity when you can purchase both sides of a cottage villa. Keep one side for yourself and rent the other or make double the revenue as Grace has her own proven rental history too. Centrally located between Rehoboth and Dewey, you and your guests will enjoy the short strolls to the restaurants or a quick bike ride to the beach.

Last Agent to Sell the Property

Joseph Sterner

McWilliams/Ballard, Inc. License #RS-0025129 Listed on: 10/06/2021

Last Buyer's Agent

Chelsea Bristow

Jack Lingo - Lewes License #RS0036554

Jack Lingo - Lewes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $330

Year Built

  • Built in 1960

HOA Fees

  • $172 Monthly HOA Fees

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 375 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Great Room
  • Screened Porch
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.12-22.00-2

Community Details

Overview

  • Association fees include common area maintenance, laundry, insurance, road maintenance, trash
  • Sea Club Vi Community
  • Rehoboth Manor Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$330

Year Built

Built in 1960

Lot Details

0

HOA Fees

$172 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-07
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: This adorable bungalow is affectionately named, Harbor. It is the most quintessential beach cottage you will ever see. Harbor is of course presented in a coastal Delaware motif with upscale finishes. It received $80k in high end updates over the last 2 years. Upon arrival you can pull into your dedicated parking space and enter through the screened-in porch. Perhaps after a day at the beach you may enjoy the additional outdoor seating area or the private outdoor shower. The great room features a spacious living room and the cutest kitchen with a Carrera marble countertop and perfectly sized appliances by Blomberg. The elements of the luxurious bathroom include a subway tile shower, modern vanity, a one-piece Kohler toilet, and a custom pocket door. The bedroom is comfortably sized and includes an office space/workstation. Harbor comes completely furnished and totally turnkey. Everything shown is included. It currently boasts almost $45,000 in yearly vacation rental earnings. You can’t beat that return on investment. The owner is also separately selling Harbor’s attached twin, Grace. It is a rare opportunity when you can purchase both sides of a cottage villa. Keep one side for yourself and rent the other or make double the revenue as Grace has her own proven rental history too. Centrally located between Rehoboth and Dewey, you and your guests will enjoy the short strolls to the restaurants or a quick bike ride to the beach.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Kitchen, Great Room, Screened Porch
  • Basement: No
  • Total Sq Ft: 375
  • Living Area Sq Ft: 375
  • Price Per Sq Ft: 1146.67
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • 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: 515.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Laundry, Insurance, Road Maintenance, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RC
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 45000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5201705
  • School Tax: 298.00
  • Tax Annual Amount: 330.00
  • Assessor Parcel Number: 334-19.12-22.00-2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/22/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chelsea Bristow

    Seller's Agent in 2024

    Chelsea Bristow

    Jack Lingo - Lewes

    (302) 382-6090

    20 in this area

    99 Total Sales

    Section Image
  • Alli Oliver

    Buyer's Agent in 2024

    Alli Oliver

    AO Retail Projects

    (301) 461-8648

    2 in this area

    2 Total Sales

    Section Image
  • Joseph Sterner

    Seller's Agent in 2021

    Joseph Sterner

    McWilliams/Ballard, Inc.

    (717) 991-5470

    21 in this area

    119 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2007804

Bright MLS

Delaware Sussex County Rehoboth Beach 19971

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

This home is located at 37819 16n-5 Unit 2, Rehoboth Beach, DE 19971 and is currently priced at $415,000, approximately $1,106 per square foot. This property was built in 1960. 37819 16n-5 Unit 2 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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