NOT LISTED FOR SALE

48 1/2 Olive Ave Rehoboth Beach, DE 19971

2 Beds
2.5 Baths
1,200 Sq Ft
1,742 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $975,000 $812 Per Sq Ft

Highlights

  • Coastal Architecture
  • Deck
  • No HOA
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of February 2021

Visit this home virtually: http://www.vht.com/434129112/IDXS - Not keen on condo living? Then why not opt for this beautifully appointed beach cottage, which sits on the second ocean block just steps from all that downtown Rehoboth has to offer. The first level has hardwood floors throughout, and includes high-end finishes in the kitchen which include an island, granite countertops, upgraded cabinetry, stainless steel appliances, and tile backsplash. The screen porch and roof-top deck are both constructed of durable and low maintenance trex decking, and offer a relaxing setting for evening cocktails or your morning coffee. On the second level, find two bedrooms, each with its own full bath & double vanity, as well as a conveniently located washer & dryer.

Last Agent to Sell the Property

CHAD GWINN

(703) 786-9250 chad@maggiorealty.com Iron Valley Real Estate Premier License #RS-0023634 Listed on: 01/09/2021

Iron Valley Real Estate Premier

Last Buyer's Agent

George Manolakos

(302) 529-2690 georgesells@comcast.net Patterson-Schwartz-Brandywine

Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels
  • Stainless Steel Appliances
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Public Parking
  • Private Parking
  • On-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-411.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Visit this home virtually: http://www.vht.com/434129112/IDXS - Not keen on condo living? Then why not opt for this beautifully appointed beach cottage, which sits on the second ocean block just steps from all that downtown Rehoboth has to offer. The first level has hardwood floors throughout, and includes high-end finishes in the kitchen which include an island, granite countertops, upgraded cabinetry, stainless steel appliances, and tile backsplash. The screen porch and roof-top deck are both constructed of durable and low maintenance trex decking, and offer a relaxing setting for evening cocktails or your morning coffee. On the second level, find two bedrooms, each with its own full bath & double vanity, as well as a conveniently located washer & dryer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 791.58
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48 1/2

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • 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: Private, Public
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • 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: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Outdoor Living Structures: Deck(s), Roof, Screened
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5195883
  • School Tax: 1160.00
  • Tax Annual Amount: 1708.00
  • Assessor Parcel Number: 334-14.13-411.00
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $975,000 +2.6% $813 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $949,900 +15.1% $792 / Sq Ft
05/23/2018 05/23/18 Sold $825,000 -2.9% $678 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
03/14/2018 03/14/18 Price Changed $850,000 -5.0% $698 / Sq Ft
01/31/2018 01/31/18 Price Changed $895,000 -3.2% $735 / Sq Ft
10/13/2017 10/13/17 For Sale $925,000 -- $760 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU175466

Bright MLS