48 Maryland Ave Rehoboth Beach, DE 19971
5
Beds
4.5
Baths
2,999
Sq Ft
5,000
Sq Ft Lot
Highlights
- Coastal Architecture
- Deck
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Wood Flooring
- 5-minute walk to Dune Nature Park
About This Home
As of August 2022Beauty & The BEACH! 1,350 feet to The Atlantic Ocean! Amazing coastal themed home built by one of Rehoboth's most revered builders. This magnificent home boasts 5 bedrooms, two of which are master suites plus 4.5 bathrooms. The interior finishes far exceed similarly priced homes in the area. Hardwood & tile floors, custom cabinets, granite countertops and coffered ceilings are just a few of the many upgrades you will find in your new home away from home. 48 Maryland Ave will be sold completely furnished, so if you choose to tap into the $100k rental income potential, you can hit the ground running! The home is less than one year old & is still under warranty by the builder. A must see if you're in the market for quite coastal living at the beach!
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0014032 Listed on: 11/03/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,128
Year Built
- Built in 2016
Lot Details
- 5,000 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Cleared Lot
- Zoning described as TOWN CODES
Home Design
- Coastal Architecture
- Architectural Shingle Roof
- Metal Roof
- Concrete Perimeter Foundation
- Stick Built Home
- Composite Building Materials
Interior Spaces
- 2,999 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Window Screens
- Crawl Space
- Attic
Kitchen
- Breakfast Area or Nook
- Double Oven
- Electric Oven or Range
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
Laundry
- Washer
- Gas Dryer
Home Security
- Surveillance System
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Brick Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Deck
- Outbuilding
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Bottled Gas
- Heating System Uses Propane
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- North Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.13-378.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 10, 2022
Sold by
Stmb Llc
Bought by
Rachuba Rehoboth Llc
Seller's Agent
Steve Allnutt
RE/MAX Advantage Realty
Buyer's Agent
Steve Allnutt
RE/MAX Advantage Realty
List Price
$3,500,000
Sold Price
$3,600,000
Premium/Discount to List
$100,000
2.86%
Views
2
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
-$95,483
Avg. Annual Appreciation
-1.75%
Purchase Details
Listed on
Nov 3, 2017
Closed on
Feb 23, 2018
Sold by
Thomas O Zupon Ret
Bought by
Stmb Llc
Seller's Agent
David Green
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,195,000
Sold Price
$2,025,000
Premium/Discount to List
-$170,000
-7.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Purchase Details
Listed on
Oct 29, 2015
Closed on
Jan 5, 2017
Sold by
Lisa M Gamuciello Rev Trust
Bought by
Thomas O Zupon Rev Trust Dated Dec 21 20
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$800,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,600,000 | Law Office Of Saagar B Shah | |
| Deed | $1,925,000 | -- | |
| Deed | $1,860,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $2,680,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $3,600,000 | +2.9% | $1,200 / Sq Ft |
| 07/17/2022 07/17/22 | Pending | -- | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $3,500,000 | +72.8% | $1,167 / Sq Ft |
| 03/04/2018 03/04/18 | Sold | $2,025,000 | -6.9% | $675 / Sq Ft |
| 02/13/2018 02/13/18 | Pending | -- | -- | -- |
| 12/21/2017 12/21/17 | Price Changed | $2,175,000 | -0.9% | $725 / Sq Ft |
| 11/03/2017 11/03/17 | For Sale | $2,195,000 | +18.0% | $732 / Sq Ft |
| 01/06/2017 01/06/17 | Sold | $1,860,000 | -6.8% | $620 / Sq Ft |
| 08/30/2016 08/30/16 | Pending | -- | -- | -- |
| 10/29/2015 10/29/15 | For Sale | $1,995,000 | -- | $665 / 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 | $2,238 | $45,400 | $12,500 | $32,900 |
| 2023 | $2,236 | $45,400 | $12,500 | $32,900 |
| 2022 | $2,158 | $45,400 | $12,500 | $32,900 |
| 2021 | $2,138 | $45,400 | $12,500 | $32,900 |
| 2020 | $2,131 | $45,400 | $12,500 | $32,900 |
| 2019 | $2,135 | $45,400 | $12,500 | $32,900 |
| 2018 | $1,994 | $45,400 | $0 | $0 |
| 2017 | $1,909 | $45,400 | $0 | $0 |
| 2016 | $1,814 | $45,400 | $0 | $0 |
| 2015 | $477 | $12,500 | $0 | $0 |
| 2014 | $474 | $12,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Steve Allnutt
RE/MAX
(410) 336-7787
4 in this area
265 Total Sales
-
D
Seller's Agent in 2018
David Green
OCEAN ATLANTIC SOTHEBYS
(302) 245-4794
2 in this area
13 Total Sales
-
D
Seller Co-Listing Agent in 2018
Dale Brown
NextHome Tomorrow Realty
(302) 381-2598
5 in this area
17 Total Sales
-
d
Buyer's Agent in 2018
datacorrect BrightMLS
Non Subscribing Office
-
Seller's Agent in 2017
Tracy Kelley
Jack Lingo - Rehoboth
(302) 227-3883
26 in this area
41 Total Sales
-
D
Buyer's Agent in 2017
DERRICK LINGO
Jack Lingo - Rehoboth
Map
Source: Bright MLS
MLS Number: 1001200532
APN: 334-14.13-378.00
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