500 3rd St Rehoboth Beach, DE 19971
Estimated Value: $338,005 - $723,000
2
Beds
1
Bath
1,500
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- 1 Fireplace
- 2 Car Detached Garage
- Rehoboth Elementary School Rated A
- No HOA
- Parking Storage or Cabinetry
About This Home
As of January 2020Being sold for land value! Home is in need of major renovation and does not qualify for financing, cash only. Possible potential to sud-divide into 2 lots.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $790
Year Built
- Built in 1969
Lot Details
- 9,583 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Driveway
Home Design
- Class C Property
- Frame Construction
- Architectural Shingle Roof
- Plywood Siding Panel T1-11
- Modular or Manufactured Materials
Interior Spaces
- 1,500 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Wood Burning Stove
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Electric Baseboard Heater
- Well
Listing and Financial Details
- Assessor Parcel Number 334-13.00-67.00
Community Details
Overview
- No Home Owners Association
- Tru Vale Acres Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2022
Sold by
Patel Tarpan and Patel Anjelie
Bought by
A & T Builders Of Delaware Inc
Total Days on Market
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,409
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2020
Sold by
Shugarts Richard
Bought by
Patel Tarpan and Patel Anjelie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Sep 12, 2019
Closed on
Jan 21, 2020
Sold by
Lofland Gary G and Lofland Patricia F
Bought by
Shugarts Richard
Seller's Agent
Allen Jarmon
NextHome Tomorrow Realty
Buyer's Agent
ADAM KSEBE
Long & Foster Real Estate, Inc.
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.93%
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
Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| A & T Builders Of Delaware Inc | -- | -- | |
| Patel Tarpan | $245,000 | None Available | |
| Shugarts Richard | $135,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | A & T Builders Of Delaware Inc | $378,000 | |
| Closed | A & T Builders Of Delaware Inc | $343,409 | |
| Previous Owner | Patel Tarpan | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2020 01/24/20 | Sold | $135,000 | -22.9% | $90 / Sq Ft |
| 12/01/2019 12/01/19 | Pending | -- | -- | -- |
| 10/26/2019 10/26/19 | For Sale | $175,000 | 0.0% | $117 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | For Sale | $175,000 | -- | $117 / 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 | $996 | $16,800 | $3,000 | $13,800 |
| 2023 | $74 | $16,800 | $3,000 | $13,800 |
| 2022 | $71 | $16,800 | $3,000 | $13,800 |
| 2021 | $721 | $16,800 | $3,000 | $13,800 |
| 2020 | $718 | $16,800 | $3,000 | $13,800 |
| 2019 | $790 | $16,800 | $3,000 | $13,800 |
| 2018 | $738 | $16,800 | $0 | $0 |
| 2017 | $707 | $16,800 | $0 | $0 |
| 2016 | $671 | $16,800 | $0 | $0 |
| 2015 | $641 | $16,800 | $0 | $0 |
| 2014 | $637 | $16,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Jarmon
Seller's Agent in 2020
Allen Jarmon
NextHome Tomorrow Realty
(302) 745-5122
44 in this area
89 Total Sales
-
ADAM KSEBE
Buyer's Agent in 2020
ADAM KSEBE
Long & Foster
(302) 864-8643
7 in this area
65 Total Sales
Map
Source: Bright MLS
MLS Number: DESU147994
APN: 334-13.00-67.00
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