NOT LISTED FOR SALE

400 Bayard Ave Rehoboth Beach, DE 19971

Estimated Value: $2,152,000 - $2,979,000

4 Beds
2 Baths
769 Sq Ft
$3,399/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,750,000 $2,276 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $14,092/month

Highlights

  • Contemporary Architecture
  • No HOA
  • Wood Burning Fireplace
  • Rehoboth Elementary School Rated A
  • Forced Air Heating System
  • 3-minute walk to Stockley Street Park

About This Home

As of June 2021

This home is located at 400 Bayard Ave, Rehoboth Beach, DE 19971 since 01 July 2021 and is currently estimated at $2,614,000, approximately $3,399 per square foot. This property was built in 1953. 400 Bayard Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 07/01/2021

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57.00 x 100.00
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 769 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-573.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,848

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 769
  • Living Area Sq Ft: 769
  • Price Per Sq Ft: 2275.68
  • Above Grade Finished Sq Ft: 769
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • 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
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 57.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197119
  • School Tax: 903.00
  • Tax Annual Amount: 1848.00
  • Assessor Parcel Number: 334-14.17-573.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jun 28, 2021
Sold by
Thoroughgood Melissa J and Webster Marilyn T
Bought by
Ludecke John E and Ludecke Kristen M
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,614,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,000
Avg. Annual Appreciation
9.46%
Original Mortgage
$790,000
Outstanding Balance
$716,802
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,897,198
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ludecke John E $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludecke John E $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 For Sale $1,750,000 0.0% $2,276 / Sq Ft
06/28/2021 06/28/21 Sold $1,750,000 -- $2,276 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
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 $4,109 $21,250 $10,700 $10,550
2024 $2,102 $21,250 $10,700 $10,550
2023 $2,100 $21,250 $10,700 $10,550
2022 $1,010 $21,250 $10,700 $10,550
2021 $1,001 $21,250 $10,700 $10,550
2020 $998 $21,250 $10,700 $10,550
2019 $999 $21,250 $10,700 $10,550
2018 $933 $21,250 $0 $0
2017 $894 $21,250 $0 $0
2016 $823 $20,600 $0 $0
2015 $473 $20,600 $0 $0
2014 $464 $20,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2001364

Bright MLS

APN: 334-14.17-573.00