Seller's Agent in 2021
Sherri Martin
Jack Lingo - Rehoboth
(302) 226-6622
5 in this area
14 Total Sales
409 Bayard Ave Rehoboth Beach, DE 19971
Estimated Value: $2,047,000 - $2,938,000
5
Beds
3
Baths
3,571
Sq Ft
$685/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Water Access
- Wood Flooring
- Rehoboth Elementary School Rated A
- Coastal Architecture
- 2-minute walk to Stockley Street Park
About This Home
As of September 2021In town Rehoboth Beach, located in the center of town close to the beach & boardwalk, shops, restaurants and everything Rehoboth. This beautiful and solidly built 5 bedroom (6 beds possible with 1 in basement area), 3 full baths home has a large completely finished basement with kitchenette(sink, dishwasher, microwave), bathroom and separate entrance. The warmth and charm of this Rehoboth Beach home features hardwood flooring, stone fireplace, sunroom, renovated kitchen and 1st floor bathroom. Home square footage (3571 sq ft) exceeds current zoning and lot size is a little oversized. Also, a popular and proven rental with great rental history. A true jewel in South Rehoboth.
Last Agent to Sell the Property
(302) 226-6622 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084 Listed on: 04/15/2021
Last Buyer's Agent
(302) 226-6622 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084 Listed on: 04/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,207
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 107.00 x 50.00
- Home fronts navigable water
- Property is in excellent condition
- Property is zoned TN
Home Design
- Coastal Architecture
- Tudor Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Stone Siding
Interior Spaces
- Property has 2 Levels
- Wainscoting
- Ceiling Fan
- Recessed Lighting
- 1 Fireplace
- Window Treatments
- Dining Area
Kitchen
- Kitchenette
- Six Burner Stove
- Range Hood
- Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Cedar Closet
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- Off-Street Parking
Outdoor Features
- Water Access
- Property is near an ocean
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
- Rehoboth Beach Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.17-430.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2021
Closed on
Sep 30, 2021
Sold by
Trailerest Ltd
Bought by
409 Bayard Avenue Llc
Seller's Agent
Sherri Martin
Jack Lingo - Rehoboth
Buyer's Agent
Sherri Martin
Jack Lingo - Rehoboth
List Price
$1,749,000
Sold Price
$1,600,000
Premium/Discount to List
-$149,000
-8.52%
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
$844,569
Avg. Annual Appreciation
10.65%
Original Mortgage
$342,193
Outstanding Balance
$312,331
Interest Rate
3.01%
Estimated Equity
$2,132,238
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 |
|---|---|---|---|
| 409 Bayard Avenue Llc | $1,600,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 409 Bayard Avenue Llc | $342,193 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $1,600,000 | -1.5% | $448 / Sq Ft |
| 06/07/2021 06/07/21 | Price Changed | $1,625,000 | -4.1% | $455 / Sq Ft |
| 06/03/2021 06/03/21 | Price Changed | $1,695,000 | 0.0% | $475 / Sq Ft |
| 06/03/2021 06/03/21 | Price Changed | $1,694,200 | 0.0% | $474 / Sq Ft |
| 05/07/2021 05/07/21 | Price Changed | $1,695,000 | -3.1% | $475 / Sq Ft |
| 04/15/2021 04/15/21 | For Sale | $1,749,000 | -- | $490 / 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 |
|---|---|---|---|---|
| 2025 | $4,267 | $34,100 | $13,100 | $21,000 |
| 2024 | $1,681 | $34,100 | $13,100 | $21,000 |
| 2023 | $1,679 | $34,100 | $13,100 | $21,000 |
| 2022 | $1,621 | $34,100 | $13,100 | $21,000 |
| 2021 | $1,606 | $34,100 | $13,100 | $21,000 |
| 2020 | $1,601 | $34,100 | $13,100 | $21,000 |
| 2019 | $1,603 | $34,100 | $13,100 | $21,000 |
| 2018 | $1,497 | $34,100 | $0 | $0 |
| 2017 | $1,434 | $34,100 | $0 | $0 |
| 2016 | $1,362 | $34,100 | $0 | $0 |
| 2015 | $1,302 | $34,100 | $0 | $0 |
| 2014 | $1,292 | $34,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sherri Martin
Map
Source: Bright MLS
MLS Number: DESU181104
APN: 334-14.17-430.00
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