NOT LISTED FOR SALE

45 Oak Ave Rehoboth Beach, DE 19971

Estimated Value: $1,908,095 - $2,653,000

4 Beds
2 Baths
1,989 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $1,175,000 $591 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $12,112/month

78 Days on Market

Highlights

  • Coastal Architecture
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Lake Gerar Park

About This Home

As of November 2015

REHOBOTH BEACH LIVING is so easy with this 4 bedroom, 2 bath cottage located in The Pines, Rehoboth Beach. Enjoy the convenience of being a block and a half from the ocean, and a quick walk to the Rehoboth Beach boardwalk, shops and dining. This home has a perfect blend of cottage charm and modern a amenities, including extensive remodeling in 2004. The large sunroom and many skylights let in a lot of natural light. Great place for outdoor entertaining: rear deck, lush landscaping and private fenced in yard.

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 645-6661 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/15/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Dustin Oldfather

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1922

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Cottage
  • Slab Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,989 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-247.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$898

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1922
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Laundry, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1989
  • Living Area Sq Ft: 1989
  • Net Sq Ft: 1989.00
  • Price Per Sq Ft: 628.46
  • Above Grade Finished Sq Ft: 1989
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Brick Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Forced Air, Zoned
  • 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: No
  • HOA: No
  • Association Recreation Fee: No

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • 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: Deck(s), Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5195602
  • Tax Annual Amount: 898.00
  • Assessor Parcel Number: 334-14.13-247.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Nov 20, 2015
Sold by
Rodgers John D and Rodgers Leah C
Bought by
Carrano Paul R
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$1,350,000
Sold Price
$1,175,000
Premium/Discount to List
-$175,000
-12.96%
Current Estimated Value
$2,264,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,089,274
Avg. Annual Appreciation
6.63%
Original Mortgage
$900,000
Outstanding Balance
$708,854
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,555,420
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carrano Paul R $1,175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrano Paul R $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $1,175,000 -13.0% $591 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $1,350,000 -- $679 / Sq Ft
Source: Bright MLS

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 $4,121 $19,250 $10,000 $9,250
2024 $1,030 $19,250 $10,000 $9,250
2023 $1,029 $19,250 $10,000 $9,250
2022 $993 $19,250 $10,000 $9,250
2021 $984 $19,250 $10,000 $9,250
2020 $981 $19,250 $10,000 $9,250
2019 $983 $19,250 $10,000 $9,250
2018 $845 $19,250 $0 $0
2017 $810 $19,250 $0 $0
2016 $769 $19,250 $0 $0
2015 $442 $19,250 $0 $0
2014 $434 $19,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Wilkinson

    Seller's Agent in 2015

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 205-0392

    219 in this area

    1,810 Total Sales

    Lee Ann Wilkinson
    Section Image
  • Dustin Oldfather

    Buyer's Agent in 2015

    Dustin Oldfather

    Compass

    (302) 249-5899

    85 in this area

    1,442 Total Sales

    Dustin Oldfather
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001008286

Bright MLS

APN: 334-14.13-247.00

Delaware Sussex County Rehoboth Beach 19971

45 Oak Ave, Rehoboth Beach, DE

Not Listed for Sale

Detached

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