NOT LISTED FOR SALE

38373 F Benson St Unit 3 Rehoboth Beach, DE 19971

Estimated Value: $318,000 - $509,000

2 Beds
1 Bath
500 Sq Ft
$826/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $249,000 $498 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,396/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Partially Wooded Lot
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of September 2015

Adorable beach cottage condo East of Rt. 1 and less than 5 blocks to the ocean & 4 blocks to Jolley Trolley stop! Walk to the beach on Cheseapeake St, downtown Rehoboth restaurants & shops, Dewey restaurants, bars, & watersports and forgotten mile attractions like Forgotten Mile Ale House! Family room with hardwood floors, kitchen with new white cabinetry, bedroom, full bath, stackable washer/dryer, and large patio located on first level. Spiral stairs lead to a nice loft and 2nd bedroom. Partially furnished. Weekly rentals in place. Start enjoying beach life today!

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 08/02/2015

Monument Sotheby's International Realty

Last Buyer's Agent

Joann Glussich

Keller Williams Realty License #RS-0021140

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $641

Year Built

  • Built in 1984

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Landscaped
  • Partially Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 500 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Screens
  • Family Room
  • Loft
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • Stone Driveway
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Benson Proper Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.09-147.01-3

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$641

Year Built

Built in 1984

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Year Built: 1984
  • Remarks Public: Adorable beach cottage condo East of Rt. 1 and less than 5 blocks to the ocean & 4 blocks to Jolley Trolley stop! Walk to the beach on Cheseapeake St, downtown Rehoboth restaurants & shops, Dewey restaurants, bars, & watersports and forgotten mile attractions like Forgotten Mile Ale House! Family room with hardwood floors, kitchen with new white cabinetry, bedroom, full bath, stackable washer/dryer, and large patio located on first level. Spiral stairs lead to a nice loft and 2nd bedroom. Partially furnished. Weekly rentals in place. Start enjoying beach life today!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Room List: Kitchen, Family Room, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 500
  • Living Area Sq Ft: 500
  • Net Sq Ft: 500.00
  • Price Per Sq Ft: 539.80
  • Above Grade Finished Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38373

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • 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: 1
  • Parking Features: Assigned, Stone Driveway
  • Number Of Parking Spaces Included: 1-Car Parking

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • 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: 900.00
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Furnished: Partially
  • Total Actual Rent: 6500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5203022
  • Assessor Parcel Number: 334-20.09-147.01-3
  • County Tax Payment Frequency: Annually
  • Close Date: 09/17/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Sep 11, 2015
Sold by
Shannon Jeffrey R and Shannon Kristine K
Bought by
Mettam Anne Elizabeth and Armstrong John Carter
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Joann Glussich
Keller Williams Realty
List Price
$269,900
Sold Price
$249,000
Premium/Discount to List
-$20,900
-7.74%
Current Estimated Value
$412,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,787
Avg. Annual Appreciation
5.94%
Original Mortgage
$183,750
Outstanding Balance
$146,482
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$292,027

Purchase Details

Listed on
Nov 16, 2014
Closed on
Feb 24, 2015
Sold by
Lorena Lorena
Bought by
Shannon Jeffrey R and Shannon Kristine K
Seller's Agent
BILL PEIFFER
Patterson-Schwartz-Rehoboth
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$211,500
Interest Rate
3.67%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mettam Anne Elizabeth $249,000 None Available
Shannon Jeffrey R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mettam Anne Elizabeth $183,750
Previous Owner Shannon Jeffrey R $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $249,000 -7.7% $498 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $269,900 +14.9% $540 / Sq Ft
02/27/2015 02/27/15 Sold $235,000 0.0% $470 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/16/2014 11/16/14 For Sale $235,000 -- $470 / 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 $641 $5,550 $0 $5,550
2023 $641 $5,550 $0 $5,550
2022 $630 $5,550 $0 $5,550
2021 $627 $5,550 $0 $5,550
2020 $625 $5,550 $0 $5,550
2019 $604 $5,550 $0 $5,550
2018 $288 $6,550 $0 $0
2017 $275 $6,550 $0 $0
2016 $290 $6,550 $0 $0
2015 $278 $6,550 $0 $0
2014 $277 $6,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001008780

Bright MLS

APN: 334-20.09-147.01-3