NOT LISTED FOR SALE

48 Delaware Ave Rehoboth Beach, DE 19971

Estimated Value: $2,071,000 - $2,563,000

4 Beds
3 Baths
1,800 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $1,200,000 $667 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $12,548/month

166 Days on Market

Highlights

  • In Ground Pool
  • Saltbox Architecture
  • Sun or Florida Room
  • Rehoboth Elementary School Rated A
  • Attic
  • Furnished

About This Home

As of March 2016

LOCATION, LOCATION... 1.5 blocks to beach/boards in-town Rehoboth Beach with beautiful in-ground heated pool/spa in private fenced setting. Single family home in wonderful condition with 3 bedrooms, 2 baths on main level plus 4th bedroom & bath with private entrance. Front and back screened porches to relax and enjoy this wonderful quant residential street and setting within walking distance to all in town attractions, shops, dining. beach and boardwalk. Garage/shed, Outside shower, landscape lighting and many upgrades & details. Sold Furnished with great rental options - over $73,000. in rental income 2015 season. Under contract with contingencies.

Last Agent to Sell the Property

Sherri Martin

(302) 227-3883 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084 Listed on: 08/28/2015

Jack Lingo - Rehoboth

Last Buyer's Agent

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1970

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Landscaped
  • Sprinkler System
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Whole House Fan
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Great Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Attic Fan
  • Storm Doors

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Poolside Lot
  • Outdoor Shower

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-512.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1970

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Wall, Range Hood, Refrigerator, Washer
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room List: Sun/Florida Room, Great Room
  • Basement: Yes
  • Basement Type: Partial, Walkout Stairs, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Net Sq Ft: 1800.00
  • Price Per Sq Ft: 693.89
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Attic Fan, Central A/C, Whole House Fan
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Oil
  • Heating: Yes
  • 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

  • Lot Features: Landscaping, Poolside
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 75000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 839.00
  • Assessor Parcel Number: 334-14.17-512.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Rasmussen Erik H and Rasmussen Lori J
Bought by
Erik H Rasmussen Trust and Lori J Rasmussen Trust
Current Estimated Value
$2,364,000

Purchase Details

Closed on
Mar 31, 2021
Sold by
Rasmussen Erik H and Rasmussen Lori J
Bought by
James May Holdings Llc
Source: Public Records
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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
Erik H Rasmussen Trust -- None Listed On Document
Rasmussen Erik H -- None Listed On Document
James May Holdings Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $1,200,000 -6.2% $667 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
08/28/2015 08/28/15 For Sale $1,279,000 -- $711 / 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 $4,585 $15,550 $10,000 $5,550
2024 $766 $15,550 $10,000 $5,550
2023 $766 $15,550 $10,000 $5,550
2022 $739 $15,550 $10,000 $5,550
2021 $732 $15,550 $10,000 $5,550
2020 $730 $15,550 $10,000 $5,550
2019 $731 $15,550 $10,000 $5,550
2018 $683 $15,550 $0 $0
2017 $654 $15,550 $0 $0
2016 $621 $15,550 $0 $0
2015 $594 $15,550 $0 $0
2014 $589 $15,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009816

Bright MLS

APN: 334-14.17-512.00

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