
502 King Charles Ave Unit B Rehoboth Beach, DE 19971
Estimated Value: $778,000 - $1,854,000
Highlights
- Building is oceanfront but unit may not have water views
- Furnished
- Eat-In Kitchen
- Rehoboth Elementary School Rated A
- Porch
- Screened Patio
About This Home
As of December 2019Location is key and this charming 2 bedroom 1 bath condo offers one of the finest locations in town. Situated in South Rehoboth on King Charles Avenue between Hickman and New Castle Streets, this ocean block condo is just steps to Rehoboth's pristine beaches, the popular mile long boardwalk, and all of the towns delicious restaurants and fine boutiques too! This property offers a welcoming front porch, ideal for morning coffee and relaxation, an open living/kitchen concept with breakfast bar, and private laundry area too! King Charles Condominiums is just 4 units, complete with private parking (1 assigned space per unit), shared storage and shared outdoor shower too! This is a great rental property with solid history. The property has not yet been rented for 2019! Being sold furnished, this property is ready for your enjoyment for the Summer Season!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/22/2019

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $629
Year Built
- Built in 1971
Lot Details
- Building is oceanfront but unit may not have water views
- Property is in very good condition
HOA Fees
- $104 Monthly HOA Fees
Interior Spaces
- Property has 1 Level
- Furnished
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Crawl Space
- Stacked Washer and Dryer
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Laminate
- Tile or Brick
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Home Security
Parking
- Off-Street Parking
- 1 Assigned Parking Space
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Outdoor Shower
- Screened Patio
- Porch
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-14.18-122.00-B
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, sewer, water
- Low-Rise Condominium
- King Charles Condominiums
- King Charles Community
- South Rehoboth Subdivision
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Common Area
- Storm Doors
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
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 |
---|---|---|---|
Taylor James D | $442,250 | None Available | |
Jeffrey S & J S Paullin Ret | -- | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Taylor James D | $397,981 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/13/2019 12/13/19 | Sold | $442,250 | -11.4% | $508 / Sq Ft |
09/20/2019 09/20/19 | Pending | -- | -- | -- |
05/22/2019 05/22/19 | For Sale | $499,000 | -- | $574 / Sq Ft |
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 | -- | $32,300 | $12,500 | $19,800 |
2023 | $0 | $32,300 | $12,500 | $19,800 |
2022 | $1,516 | $32,300 | $12,500 | $19,800 |
2021 | $1,516 | $32,300 | $12,500 | $19,800 |
2020 | $1,516 | $32,300 | $12,500 | $19,800 |
2019 | $1,519 | $32,300 | $12,500 | $19,800 |
Agents Affiliated with this Home
-
Seller's Agent in 2019
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
203 in this area
392 Total Sales
-
Seller Co-Listing Agent in 2019
Amanda Ryan
Jack Lingo - Rehoboth
(302) 841-9603
32 in this area
87 Total Sales
-
Buyer's Agent in 2019
Matt Brittingham
Patterson Schwartz
(302) 344-9026
25 in this area
255 Total Sales
Map
Source: Bright MLS
MLS Number: DESU139834

APN: 334-14.18-122.00
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