NOT LISTED FOR SALE

506 Rehoboth Ave Rehoboth Beach, DE 19971

Estimated Value: $753,621 - $1,487,000

4 Beds
3.5 Baths
2,700 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $670,000 $248 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,383/month

27 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Upgraded Countertops
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Grove Park

About This Home

As of December 2018

Must see this coastal refuge situated in the heart of downtown Rehoboth Beach across from Grove Park! Three spacious levels of living plus an over-sized garage: first level with a gracious bedroom leading to a covered patio, full bath and laundry. Second floor is complete with hardwood flooring throughout the main living areas, spacious kitchen with granite counters, subway tile back splash and pantry, powder room, gracious family room with gas fireplace and sliders to screened porch, breakfast/dining area and the master bedroom/bath suite with walk-in closet, double sinks, separate tub and shower and linen closet. Third floor with a loft area/additional living room, two additional guest bedrooms and two additional full baths. Short walk to the beach, restaurants, shops and all Rehoboth Beach has to offer!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/25/2018

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Allen Jarmon

NextHome Tomorrow Realty License #RA-0002913

NextHome Tomorrow Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include trash
  • Cottages By The Sea Subdivision

Listing and Financial Details

  • Tax Lot -3
  • Assessor Parcel Number 334-13.20-173.00-3

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,363

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Window treatments in the great room/living room
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2018-09-26
  • Federal Flood Zone: No
  • Year Built: 2005
  • Remarks Public: Must see this coastal refuge situated in the heart of downtown Rehoboth Beach across from Grove Park! Three spacious levels of living plus an over-sized garage: first level with a gracious bedroom leading to a covered patio, full bath and laundry. Second floor is complete with hardwood flooring throughout the main living areas, spacious kitchen with granite counters, subway tile back splash and pantry, powder room, gracious family room with gas fireplace and sliders to screened porch, breakfast/dining area and the master bedroom/bath suite with walk-in closet, double sinks, separate tub and shower and linen closet. Third floor with a loft area/additional living room, two additional guest bedrooms and two additional full baths. Short walk to the beach, restaurants, shops and all Rehoboth Beach has to offer!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Upgraded Countertops, Wood Floors, Ceiling Fan(s), Built-Ins, Carpet, Primary Bath(s), Pantry, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 259.22
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506C

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • 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: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 900.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: Q 3818
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10187679
  • School Tax: 1225.00
  • Tax Annual Amount: 1363.00
  • Assessor Parcel Number: 334-13.20-173.00-3
  • Tax Lot: -3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 12/07/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Hoewing Sara F and Moxley Susan D
Bought by
Mcdonald Kelly Ann and Kelly Sean Andrew
Current Estimated Value
$1,076,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$396,478
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$653,817
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdonald Kelly Ann $630,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Kelly Ann $472,500
Previous Owner Moxley Susan D $373,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $670,000 -4.3% $248 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $699,900 -- $259 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $1,530 $28,900 $0 $28,900
2023 $1,529 $28,900 $0 $28,900
2022 $1,476 $28,900 $0 $28,900
2021 $1,462 $28,900 $0 $28,900
2020 $1,458 $28,900 $0 $28,900
2019 $1,460 $28,900 $0 $28,900
2018 $1,364 $31,050 $0 $0
2017 $1,306 $31,050 $0 $0
2016 $1,240 $31,050 $0 $0
2015 $1,185 $31,050 $0 $0
2014 $1,176 $31,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2018

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    288 in this area

    868 Total Sales

    DEBBIE REED
    Section Image
  • Cyndi Marsh

    Seller Co-Listing Agent in 2018

    Cyndi Marsh

    RE/MAX

    (302) 363-5734

    32 in this area

    77 Total Sales

    Cyndi Marsh
    Section Image
  • Allen Jarmon

    Buyer's Agent in 2018

    Allen Jarmon

    NextHome Tomorrow Realty

    (302) 745-5122

    39 in this area

    82 Total Sales

    Allen Jarmon
    Section Image
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Map

Source: Bright MLS

MLS Number: 1006064782

Bright MLS

APN: 334-13.20-173.00-5

Delaware Sussex County Rehoboth Beach 19971

506 Rehoboth Ave, Rehoboth Beach, DE

This home is located at 506 Rehoboth Ave, Rehoboth Beach, DE 19971 since 25 September 2018 and is currently estimated at $1,076,155, approximately $398 per square foot. This property was built in 2005. 506 Rehoboth Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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