406 King Charles Ave Unit 5 Rehoboth Beach, DE 19971
Estimated Value: $1,212,970 - $1,491,000
3
Beds
3
Baths
1,600
Sq Ft
$850/Sq Ft
Est. Value
Highlights
- Furnished
- Open Floorplan
- Stainless Steel Appliances
- Rehoboth Elementary School Rated A
- Upgraded Countertops
- Walk-In Closet
About This Home
As of June 2021NEW PRICE: Ocean Block Rehoboth Beach , Welcome to Charles Place. #5 is truly a RARE OFFERING! Sunny Southern exposure with covered front porch and rear patio for grilling, with an outdoor shower and storage shed make this property live like a single family home. The 1st floor features an open floor plan with living and dining areas towards the front, a beautiful kitchen and family room to the rear, pantry, full bath and laundry too! The kitchen has been remodeled with cabinetry, granite counters, stone back splash, all new stainless steel appliances in November 2018, and flooring . The 2nd floor features a master bedroom and bath, 2 & 3 bedrooms and 3rd bathroom. This prime location is only steps from the beach, boardwalk, and downtown Rehoboth Beach! Inventory is tight so don't hesitate on this one, plus It comes furnished turn key and is ready to enjoy now!!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RS-0017904 Listed on: 12/15/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,808
Year Built
- Built in 1983
HOA Fees
- $606 Monthly HOA Fees
Parking
- 2 Assigned Parking Spaces
Home Design
- Side-by-Side
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,600 Sq Ft Home
- Property has 2 Levels
- Furnished
- Window Treatments
- Open Floorplan
- Crawl Space
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Property is in very good condition
Community Details
- $1,819 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, reserve funds, trash, water
- Charles Place Community
- South Rehoboth Subdivision
- Property Manager
Listing and Financial Details
- Assessor Parcel Number 334-14.18-105.00-5
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2020
Closed on
Jun 4, 2021
Sold by
Charles T Housholder Ret
Bought by
Mchugh Mark C and Mchugh Jennifer M
Seller's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
Buyer's Agent
Susannah Griffin
Long & Foster Real Estate, Inc.
List Price
$1,149,000
Sold Price
$985,000
Premium/Discount to List
-$164,000
-14.27%
Total Days on Market
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,493
Avg. Annual Appreciation
8.86%
Purchase Details
Listed on
Feb 15, 2019
Closed on
Jun 19, 2019
Sold by
Housholder Charles T and Housholder Susan Y
Bought by
Charles T Rousholder Ret
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Purchase Details
Listed on
Feb 15, 2019
Closed on
May 23, 2019
Sold by
Arrighi Scott A and Arrighi Ellen M
Bought by
Housholder Charles T and Housholder Susan Y
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Similar Homes in Rehoboth Beach, DE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mchugh Mark C | $985,000 | None Available | |
| Charles T Rousholder Ret | -- | -- | |
| Housholder Charles T | $930,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Arrighi Scott A | $358,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $985,000 | -3.9% | $616 / Sq Ft |
| 03/22/2021 03/22/21 | Price Changed | $1,025,000 | -6.8% | $641 / Sq Ft |
| 02/25/2021 02/25/21 | Price Changed | $1,100,000 | -4.3% | $688 / Sq Ft |
| 12/15/2020 12/15/20 | For Sale | $1,149,000 | +23.5% | $718 / Sq Ft |
| 05/23/2019 05/23/19 | Sold | $930,000 | -2.0% | $581 / Sq Ft |
| 03/13/2019 03/13/19 | Price Changed | $949,000 | -5.0% | $593 / Sq Ft |
| 02/15/2019 02/15/19 | For Sale | $999,000 | -- | $624 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,289 | $20,800 | $0 | $20,800 |
| 2023 | $1,288 | $20,800 | $0 | $20,800 |
| 2022 | $1,243 | $20,800 | $0 | $20,800 |
| 2021 | $1,231 | $20,800 | $0 | $20,800 |
| 2020 | $1,228 | $20,800 | $0 | $20,800 |
| 2019 | $1,229 | $20,800 | $0 | $20,800 |
| 2018 | $1,148 | $26,150 | $0 | $0 |
| 2017 | $1,100 | $26,150 | $0 | $0 |
| 2016 | $1,045 | $26,150 | $0 | $0 |
| 2015 | $998 | $26,150 | $0 | $0 |
| 2014 | $991 | $26,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rodriguez
Seller's Agent in 2021
Michael Rodriguez
Jack Lingo - Rehoboth
(302) 236-7649
35 in this area
56 Total Sales
-
Michael Bacher
Seller Co-Listing Agent in 2021
Michael Bacher
Jack Lingo - Rehoboth
(302) 226-6649
17 in this area
33 Total Sales
-
Susannah Griffin
Buyer's Agent in 2021
Susannah Griffin
Long & Foster
(302) 245-6646
25 in this area
78 Total Sales
Map
Source: Bright MLS
MLS Number: DESU174470
APN: 334-14.18-105.00-5
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