$400,000
SOLD MAY 8, 2025
3 Beds
2 Baths
1,493 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$268 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Parking Storage or Cabinetry
  • Rehoboth Elementary School Rated A
  • 1 Car Detached Garage
  • Shed

About This Home

As of May 2025

Welcome to your Beach Retreat at 503 2nd Street in Rehoboth Beach, Delaware! This charming 3-bedroom, 2-bathroom home is a turnkey gem, offering a breezy lifestyle East of Route 1. Nestled on a spacious lot, this well-kept home invites you to enjoy beach living at an affordable price.

Step inside to discover a bright and airy living space that flows into a roomy kitchen, complete with a large pantry for all your cooking needs. The home has a large primary Bedroom with a spacious ensuite bathroom. With a conveniently located laundry room, everyday chores are a breeze.

Unwind on the large back deck, or explore the potential of the detached garage on this large fee simple double lot. This property offers a unique opportunity to potentially subdivide by having the lot line re-established to separate the lots back into two 50’ x 100’ lots. Home is a Class C per Sussex County.
You will love the easy access to the Breakwater Junction Trail, ideal for biking and walking. Venture just a short drive or bike to downtown Rehoboth, where a variety of restaurants and shops await. This property is clean, well-maintained, and ready for you to move in and start living the beach life you've always dreamed of just in time for Summer. Don't miss your chance to own your own piece of Rehoboth Beach!

Last Agent to Sell the Property

Jennifer Jones

(302) 273-4998 ashley.hess@compass.com Compass Listed on: 03/27/2025

Compass

Last Buyer's Agent

Jennifer Jones

(302) 273-4998 ashley.hess@compass.com Compass Listed on: 03/27/2025

Compass

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $675

Year Built

  • Built in 2014

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Rambler Architecture
  • Block Foundation

Interior Spaces

  • 1,493 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tru Vale Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-67.03

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$675

Year Built

Built in 2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Manufactured
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-28
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1493
  • Living Area Sq Ft: 1493
  • Price Per Sq Ft: 274.61
  • Above Grade Finished Sq Ft: 1493
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • School Tax: 614.00
  • Tax Annual Amount: 675.00
  • Assessor Parcel Number: 334-13.00-67.03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $400,000 -2.4% $268 / Sq Ft
03/27/2025 03/27/25 For Sale $410,000 -- $275 / 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 $688 $13,700 $3,000 $10,700
2024 $675 $13,700 $3,000 $10,700
2023 $399 $13,700 $3,000 $10,700
2022 $379 $13,700 $3,000 $10,700
2021 $373 $13,700 $3,000 $10,700
2020 $370 $13,700 $3,000 $10,700
2019 $371 $13,700 $3,000 $10,700
2018 $350 $13,700 $0 $0
2017 $337 $13,700 $0 $0
2016 $327 $13,700 $0 $0
2015 $314 $13,700 $0 $0
2014 $322 $8,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2081892

Bright MLS