NOT LISTED FOR SALE

37864 Abaco Ln Unit 8 Rehoboth Beach, DE 19971

Estimated Value: $411,732 - $636,000

2 Beds
2.5 Baths
1,300 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $305,000 $235 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,048/month

103 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of July 2017

YOU CAN?T MISS THIS! Gorgeous Chic Rehoboth Beach cottage within a very easy walk to downtown Rehoboth Beach. This home has had extensive remodeling to include: a Major addition for a great room kitchen space featuring granite counters, tile back-splash, stainless steel appliances and streamlined cabinetry. The great room includes maintenance free wood-like flooring, over-sized windows to bring in the sunshine, and lots of room for friends, family, and living at the beach. The two en-suite bedrooms have maintenance free flooring, tiled bathrooms, custom paint and shutters. A tank-less water heating system, a beautiful front porch for coffee and evening drinks, and a separate storage shed for bikes and chairs round out this home not to be missed.

Last Listed By

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 02/03/2017

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 1962

Lot Details

  • Landscaped
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room
  • Dining Room
  • Crawl Space
  • Storm Doors

Kitchen

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

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • Rehoboth Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.12-28.00-8

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 1962

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1962
  • Remarks Public: YOU CAN?T MISS THIS! Gorgeous Chic Rehoboth Beach cottage within a very easy walk to downtown Rehoboth Beach. This home has had extensive remodeling to include: a Major addition for a great room kitchen space featuring granite counters, tile back-splash, stainless steel appliances and streamlined cabinetry. The great room includes maintenance free wood-like flooring, over-sized windows to bring in the sunshine, and lots of room for friends, family, and living at the beach. The two en-suite bedrooms have maintenance free flooring, tiled bathrooms, custom paint and shutters. A tank-less water heating system, a beautiful front porch for coffee and evening drinks, and a separate storage shed for bikes and chairs round out this home not to be missed.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater - Tankless
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Pantry, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 6
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 242.23
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37864

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 500.00
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Landscaping
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10187880
  • Assessor Parcel Number: 334-19.12-28.00-8
  • County Tax Payment Frequency: Annually
  • Close Date: 07/28/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Jun 16, 2017
Sold by
Boutin Paul B and Gotta Richard P
Bought by
Bortoluzzi Gino J
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$414,900
Sold Price
$305,000
Premium/Discount to List
-$109,900
-26.49%
Total Days on Market
103
Current Estimated Value
$526,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,933
Avg. Annual Appreciation
5.80%
Original Mortgage
$244,000
Outstanding Balance
$204,622
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$269,437

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
Bortoluzzi Gino J $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bortoluzzi Gino J $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $305,000 -26.5% $235 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $414,900 -- $319 / 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
2024 $853 $10,300 $0 $10,300
2023 $853 $10,300 $0 $10,300
2022 $834 $10,300 $0 $10,300
2021 $829 $10,300 $0 $10,300
2020 $827 $10,300 $0 $10,300
2019 $806 $10,300 $0 $10,300
2018 $476 $10,850 $0 $0
2017 $456 $10,850 $0 $0
2016 $462 $10,850 $0 $0
2015 $443 $10,850 $0 $0
2014 $439 $10,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001025222

Bright MLS

APN: 334-19.12-28.00-8