Seller's Agent in 2017
Dave McCarthy
Dave McCarthy & Associates, Inc.
(302) 650-0820
27 in this area
43 Total Sales
502 Lee St Rehoboth Beach, DE 19971
Estimated Value: $1,090,275 - $1,600,000
3
Beds
2
Baths
1,800
Sq Ft
$788/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Partially Wooded Lot
- Wood Flooring
- Rehoboth Elementary School Rated A
- Rambler Architecture
- Attic
About This Home
As of July 2017One of the largest remaining oversized lots (100? x 125?) in Schoolvue; a quaint and quiet neighborhood nestled between Route 1 and Rehoboth Avenue. Build your own family compound as this property has the potential for an approximate 4,275 sq. ft. home with a pool and spa! This corner lot is situated just a few blocks from the beach and is a short walk to the avenue, boardwalk and all that downtown Rehoboth has to offer. Don?t miss this great investment opportunity! Build your dream home at the beach to use, rent, or both!
Last Agent to Sell the Property
(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 09/09/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,247
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Corner Lot
- Partially Wooded Lot
- Zoning described as TOWN CODES
Home Design
- Rambler Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Masonry
Interior Spaces
- 1,800 Sq Ft Home
- Property has 1 Level
- Wood Burning Stove
- Wood Burning Fireplace
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Cedar Closet
- 2 Full Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- Attached Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Screened Patio
- Porch
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Oil Water Heater
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Schoolvue Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-19.08-99.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2016
Closed on
Jul 26, 2017
Sold by
Geniti Edward John
Bought by
Geyer Bruce S
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Jordan Geyer
Jack Lingo - Rehoboth
List Price
$769,000
Sold Price
$650,000
Premium/Discount to List
-$119,000
-15.47%
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
$768,819
Avg. Annual Appreciation
9.99%
Purchase Details
Listed on
Sep 9, 2016
Closed on
Jul 21, 2017
Sold by
Geniti Edward John
Bought by
Geyer Bruce S
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Jordan Geyer
Jack Lingo - Rehoboth
List Price
$769,000
Sold Price
$650,000
Premium/Discount to List
-$119,000
-15.47%
Purchase Details
Closed on
Apr 26, 2017
Sold by
Geniti Edward John
Bought by
Geniti Edward John
Purchase Details
Closed on
Aug 27, 1992
Bought by
Geniti Edward John
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Geyer Bruce S | $650,000 | None Available | |
| Geyer Bruce S | $650,000 | None Available | |
| Geniti Edward John | -- | None Available | |
| Geniti Edward John | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Geniti Edward John | $53,159 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2017 07/21/17 | Sold | $650,000 | -15.5% | $361 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $769,000 | -- | $427 / 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 |
|---|---|---|---|---|
| 2025 | $2,747 | $26,500 | $12,500 | $14,000 |
| 2024 | $996 | $26,500 | $12,500 | $14,000 |
| 2023 | $995 | $26,500 | $12,500 | $14,000 |
| 2022 | $1,442 | $26,500 | $12,500 | $14,000 |
| 2021 | $1,427 | $26,500 | $12,500 | $14,000 |
| 2020 | $459 | $26,500 | $12,500 | $14,000 |
| 2019 | $1,427 | $26,500 | $12,500 | $14,000 |
| 2018 | $1,164 | $26,500 | $0 | $0 |
| 2017 | $1,114 | $26,500 | $0 | $0 |
| 2016 | $1,059 | $26,500 | $0 | $0 |
| 2015 | $1,011 | $26,500 | $0 | $0 |
| 2014 | $1,004 | $26,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dave McCarthy
-
Walt Cassel
Seller Co-Listing Agent in 2017
Walt Cassel
Dave McCarthy & Associates, Inc.
(917) 826-8867
28 in this area
39 Total Sales
-
Jordan Geyer
Buyer's Agent in 2017
Jordan Geyer
Jack Lingo - Rehoboth
(302) 745-8286
1 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: 1001021634
APN: 334-19.08-99.00
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