NOT LISTED FOR SALE

507 King Charles Ave Rehoboth Beach, DE 19971

Estimated Value: $1,973,484 - $2,568,000

4 Beds
3.5 Baths
2,161 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $1,100,000 $509 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $12,589/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Furnished
  • Rehoboth Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Stockley Street Park

About This Home

As of September 2014

Almost ocean block. Screened porch & garage could not be replaced in present location,(code changes)Wonderful opportunity to remodel or build new in South Rehoboth!

Last Agent to Sell the Property

Nick Carter

Jack Lingo - Lewes License #RA-0002772 Listed on: 07/19/2014

Jack Lingo - Lewes

Co-Listed By

HENRY MCKAY

Jack Lingo - Rehoboth License #RS-0014889

Last Buyer's Agent

Babs Morales

Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • 1923

Lot Details

  • 4,898 Sq Ft Lot
  • Lot Dimensions are 50x97.5
  • Corner Lot
  • Cleared Lot

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,161 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Room
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-611.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Almost ocean block. Screened porch & garage could not be replaced in present location,(code changes)Wonderful opportunity to remodel or build new in South Rehoboth!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1923

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Breakfast Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Breakfast Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2161
  • Living Area Sq Ft: 2161
  • Net Sq Ft: 2161.00
  • Price Per Sq Ft: 590.00
  • Above Grade Finished Sq Ft: 2161
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x97.5
  • Lot Size Units: Acres
  • Lot Sq Ft: 4898.00
  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-14.17-611.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/29/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2014
Closed on
Sep 29, 2014
Sold by
Wallace A Wallace A and Rickards Virginia E
Bought by
Family Tides Llc
Seller's Agent
Nick Carter
Jack Lingo - Lewes
Buyer's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
16
Current Estimated Value
$2,351,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,495
Avg. Annual Appreciation
7.67%
Source: Public Records

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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
Family Tides Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Tides Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $1,100,000 0.0% $509 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/19/2014 07/19/14 For Sale $1,100,000 -- $509 / 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 $1,321 $26,800 $9,350 $17,450
2023 $1,320 $26,800 $9,350 $17,450
2022 $1,274 $26,800 $9,350 $17,450
2021 $1,262 $26,800 $9,350 $17,450
2020 $1,258 $26,800 $9,350 $17,450
2019 $1,260 $26,800 $9,350 $17,450
2018 $1,177 $26,800 $0 $0
2017 $1,127 $26,800 $0 $0
2016 $1,071 $26,800 $0 $0
2015 $1,023 $26,800 $0 $0
2014 $1,015 $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Carter

    Seller's Agent in 2014

    Nick Carter

    Jack Lingo - Lewes

    (302) 228-6425

    4 in this area

    55 Total Sales

    Nick Carter
    Section Image
  • HENRY MCKAY

    Seller Co-Listing Agent in 2014

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    16 in this area

    28 Total Sales

    HENRY MCKAY
    Section Image
  • Babs Morales

    Buyer's Agent in 2014

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    40 in this area

    64 Total Sales

    Babs Morales
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000984338

Bright MLS

APN: 334-14.17-611.00

Delaware Sussex County Rehoboth Beach 19971

507 King Charles Ave, Rehoboth Beach, DE

This home is located at 507 King Charles Ave, Rehoboth Beach, DE 19971 since 19 July 2014 and is currently estimated at $2,351,495, approximately $1,088 per square foot. This property was built in 1923. 507 King Charles 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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