51 Delaware Ave Rehoboth Beach, DE 19971
Estimated Value: $312,062 - $2,166,000
3
Beds
2
Baths
1,285
Sq Ft
$1,299/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- Traditional Floor Plan
- Attic
- Rehoboth Elementary School Rated A
- Wood Flooring
- 5-minute walk to Dune Nature Park
About This Home
As of August 2021Timeless coastal home in the heart of Rehoboth Beach. Cedar shake cottage offers 3 bedrooms and 2 full baths just two blocks to the beach and a quick walk to shopping and dining on the Avenue. This home is not used as a rental. Welcoming enclosed sun porch great for lounging, dining and reading leads into the home with hardwood flooring and exposed beams throughout. The living room has a wood burning fireplace for gathering on chilly nights. Spacious dining room adjoins the kitchen with plentiful counter space and cabinetry. Full bath and laundry room are tucked behind. Upstairs are three bedrooms and a full bath with dual vanity. Floored attic with cedar closet for additional storage or expansion options.The back patio overlooking the yard is perfect for morning coffee, and the outdoor shower is great for cooling off after the beach. Basement has a bulkhead door and stairs to the backyard for storing bikes and gear. Make this your beach getaway or investment property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,411
Year Built
- Built in 1952
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Property is zoned TN
Home Design
- Coastal Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
- Stick Built Home
- Cedar
Interior Spaces
- 1,285 Sq Ft Home
- Property has 2 Levels
- Traditional Floor Plan
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Window Treatments
- Living Room
- Formal Dining Room
- Unfinished Basement
- Interior and Exterior Basement Entry
- Fire and Smoke Detector
- Attic
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Stacked Washer and Dryer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Dirt Driveway
- On-Street Parking
Outdoor Features
- Outdoor Shower
- Enclosed patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Rehoboth Beach Subdivision
Listing and Financial Details
- Tax Lot 51
- Assessor Parcel Number 334-14.17-498.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2021
Closed on
Aug 20, 2021
Sold by
Minnick Kelly C and Earley Jane F
Bought by
Parsons Brian C and Parsons Brigird N
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Mary Lou Korzenewski
Long & Foster Real Estate, Inc.
List Price
$1,499,999
Sold Price
$1,499,999
Total Days on Market
4
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
$169,017
Avg. Annual Appreciation
2.53%
Original Mortgage
$1,124,999
Outstanding Balance
$1,033,377
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$616,675
Purchase Details
Closed on
May 22, 1998
Bought by
Diem Timothy R and Diem Marcy
Similar Homes in Rehoboth Beach, DE
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 |
|---|---|---|---|
| Parsons Brian C | $1,499,999 | None Available | |
| Diem Timothy R | $285,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parsons Brian C | $1,124,999 | |
| Previous Owner | Diem Timothy R | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $1,499,999 | 0.0% | $1,167 / Sq Ft |
| 07/06/2021 07/06/21 | Pending | -- | -- | -- |
| 07/02/2021 07/02/21 | For Sale | $1,499,999 | -- | $1,167 / 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 |
|---|---|---|---|---|
| 2024 | $845 | $17,150 | $10,000 | $7,150 |
| 2023 | $845 | $17,150 | $10,000 | $7,150 |
| 2022 | $815 | $17,150 | $10,000 | $7,150 |
| 2021 | $808 | $17,150 | $10,000 | $7,150 |
| 2020 | $805 | $17,150 | $10,000 | $7,150 |
| 2019 | $806 | $17,150 | $10,000 | $7,150 |
| 2018 | $753 | $17,150 | $0 | $0 |
| 2017 | $721 | $17,150 | $0 | $0 |
| 2016 | $685 | $17,150 | $0 | $0 |
| 2015 | $655 | $17,150 | $0 | $0 |
| 2014 | $650 | $17,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dustin Oldfather
Seller's Agent in 2021
Dustin Oldfather
Compass
(302) 249-5899
118 in this area
1,508 Total Sales
-
MARIYA OLDFATHER GROUP
M
Seller Co-Listing Agent in 2021
MARIYA OLDFATHER GROUP
Compass
(302) 249-6665
53 in this area
178 Total Sales
-
Mary Lou Korzenewski
Buyer's Agent in 2021
Mary Lou Korzenewski
Long & Foster
(301) 922-3327
5 in this area
7 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2001458
APN: 334-14.17-498.01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 203 Bayard Ave
- 108 Philadelphia St Unit B
- 106A Philadelphia St
- 18 Delaware Ave
- 51 Maryland Ave
- 16 Delaware Ave
- 0 2nd St Unit DESU2079832
- 19 Laurel St
- 63 Lake Ave
- 207 Country Club Dr
- 505 King Charles Ave
- 209 New Castle St
- 37 Sussex St
- 3 Laurel St
- 8 Olive Ave Unit 102
- 8 Olive Ave Unit 205
- 1 New Castle St
- 300 Hickman St
- 73 Sussex St
- 200 Norfolk St
- 51 Delaware Ave
- 51 3023630453
- 49 Delaware Ave
- 53 Delaware Ave
- 52 Delaware Ave
- 47 Delaware Ave
- 50 Delaware Ave
- 55 Delaware Ave
- 49 Philadelphia St
- 54 Delaware Ave
- 48 Delaware Ave
- 56 Delaware Ave
- 45 Delaware Ave
- 57 Delaware Ave Unit B
- 50 Wilmington Ave Unit C
- 15 Wilmington Ave
- 16 Wilmington Ave
- 46 Delaware Ave
- 50 Wilmington Ave Unit 106
- 50 Wilmington Ave Unit 313