NOT LISTED FOR SALE

39 Beach Ave Rehoboth Beach, DE 19971

Estimated Value: $1,117,000 - $1,935,000

3 Beds
2 Baths
1,200 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,305,000 $1,088 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,880/month

Highlights

  • Beach
  • 24-Hour Security
  • Lake Privileges
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of June 2021

Sweet property on an Ocean Block for a fraction of the price! Rare opportunity to buy one of the few remaining original homes on the block. Find yourself with instant equity as surrounding homes have been rebuilt and are priced over 2 million. This one of the best beach communities in Delaware! Avoid the crowds and enjoy the space while soaking in the sun on the PRIVATE beach. This highly desired private community at North Indian Beach has lifeguard, beach activities and year-round security. Located just outside the hustle & bustle of Dewey and a trolley ride to downtown Rehoboth. Buy now, rent or use, then design your future beach house with modern finishes on this 90x88 lot. Ocean and Bay views are a possibility here!

Last Agent to Sell the Property

Claryssa McEnany

(302) 690-1106 claryssa.mcenany@gmail.com Compass License #RS-0024051 Listed on: 11/14/2020

Compass

Last Buyer's Agent

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 90.00 x 88.00
  • Property is in good condition
  • Property is zoned MR

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Country Kitchen
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Lake Privileges
  • Outbuilding

Location

  • Flood Risk

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 334-23.06-78.00

Community Details

Overview

  • Association fees include common area maintenance, pier/dock maintenance, trash, road maintenance, security gate, snow removal
  • Blue Sky Property Management HOA
  • Indian Beach Subdivision
  • Property Manager

Recreation

  • Beach

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Lot Details

0

HOA Fees

$242 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: List to be provided by Seller.
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Dryer - Electric, Oven - Self Cleaning, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Country, Pantry, Primary Bath(s), Window Treatments
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Room Count: 6
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 1145.75
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 39

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Rehoboth Bay & Atlantic Ocean
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Trash, Road Maintenance, Security Gate, Snow Removal
  • HOA Name: BLUE SKY PROPERTY MANAGEMENT
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.18
  • Lot Dimensions: 90.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • School Tax: 1173.00
  • Tax Annual Amount: 1296.00
  • Assessor Parcel Number: 334-23.06-78.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/16/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jun 16, 2021
Sold by
Inge-Deandrade Edith
Bought by
Woodward Christian and Woodward Jennifer A
Seller's Agent
Claryssa McEnany
Compass
Buyer's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,374,900
Sold Price
$1,305,000
Premium/Discount to List
-$69,900
-5.08%
Current Estimated Value
$1,558,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,188
Avg. Annual Appreciation
4.21%
Original Mortgage
$978,750
Outstanding Balance
$886,136
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$672,052
Source: Public Records

Range of Values:

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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
Woodward Christian $1,305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodward Christian $978,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,305,000 -5.1% $1,088 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $1,374,900 0.0% $1,146 / Sq Ft
04/30/2021 04/30/21 For Sale $1,374,900 +6.2% $1,146 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $1,295,000 -0.8% $1,079 / Sq Ft
11/28/2020 11/28/20 Off Market $1,305,000 -- --
11/14/2020 11/14/20 For Sale $1,295,000 -- $1,079 / 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
2025 $4,528 $26,600 $14,800 $11,800
2024 $1,679 $26,600 $14,800 $11,800
2023 $1,678 $26,600 $14,800 $11,800
2022 $1,630 $26,600 $14,800 $11,800
2021 $1,618 $26,600 $14,800 $11,800
2020 $1,613 $26,600 $14,800 $11,800
2019 $1,594 $26,600 $14,800 $11,800
2018 $1,168 $26,600 $0 $0
2017 $1,119 $26,600 $0 $0
2016 $1,125 $26,600 $0 $0
2015 $1,077 $26,600 $0 $0
2014 $1,070 $26,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173196

Bright MLS

APN: 334-23.06-78.00