$750,000
SOLD OCT 1, 2013

51 Lake Ave Rehoboth Beach, DE 19971

3 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Recently Sold

539 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Attic
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Dune Nature Park

About This Home

As of December 2014

Right smack down in the middle of town-half block off Rehoboth Avenue!! Enjoy wooded serenity from the rear deck, or partake of sushi, fine Italian cuisine, or pamper yourself at the upscale spa/hair salon on the corner. Zoned C-3. Currently used as residential.

Last Agent to Sell the Property

Suzanne Landon

(302) 542-3488 suzannejlr@aol.com Jack Lingo - Rehoboth License #RS-0006820 Listed on: 11/18/2011

Jack Lingo - Rehoboth

Last Buyer's Agent

Joseph Maggio

(302) 381-2268 joe@maggiorealty.com Dave McCarthy & Associates, Inc. License #RA-0020900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Lot Details

  • Lot Dimensions are 50x108x50x109
  • Partially Fenced Property
  • Wooded Lot

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Living
  • Sitting Room
  • Dining Room
  • Sun or Florida Room
  • Storm Doors
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.13-218.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Right smack down in the middle of town-half block off Rehoboth Avenue!! Enjoy wooded serenity from the rear deck, or partake of sushi, fine Italian cuisine, or pamper yourself at the upscale spa/hair salon on the corner. Zoned C-3. Currently used as residential.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Living, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Interior Access, Partial
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable
  • HOA: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Trees/Wooded
  • Lot Dimensions: 50x108x50x109
  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 20515.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 842.00
  • Assessor Parcel Number: 334-14.13-218.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/01/2013

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 1, 2014
Sold by
Adam Adam
Bought by
Brinsfield Jennings C and Brinsfield Bettina S
Seller's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$905,000
Sold Price
$905,000
Current Estimated Value
$1,873,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$968,558
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
Nov 18, 2011
Closed on
Oct 2, 2013
Sold by
Odowd John and Barton Jonathan
Bought by
Pesachowitz Adam
Seller's Agent
Suzanne Landon
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Original Mortgage
$417,000
Outstanding Balance
$314,314
Interest Rate
4.58%
Estimated Equity
$1,559,244

Purchase Details

Listed on
Nov 18, 2011
Closed on
Oct 1, 2013
Sold by
Odowd John and Barton Jonathan
Bought by
Pesachowitz Adam
Seller's Agent
Suzanne Landon
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$314,314
Interest Rate
4.58%
Estimated Equity
$1,559,244
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $905,000 --
Deed $750,000 --
Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 No Value Available
Closed $417,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $905,000 0.0% --
10/19/2014 10/19/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $905,000 +20.7% --
10/01/2013 10/01/13 Sold $750,000 0.0% --
05/10/2013 05/10/13 Pending -- -- --
11/18/2011 11/18/11 For Sale $750,000 -- --
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
2025 $3,757 $17,900 $10,200 $7,700
2024 $1,365 $17,900 $10,200 $7,700
2023 $1,364 $17,900 $10,200 $7,700
2022 $1,317 $17,900 $10,200 $7,700
2021 $1,304 $17,900 $10,200 $7,700
2020 $1,301 $17,900 $10,200 $7,700
2019 $1,302 $17,900 $10,200 $7,700
2018 $1,216 $27,700 $0 $0
2017 $753 $17,900 $0 $0
2016 $715 $17,900 $0 $0
2015 $683 $17,900 $0 $0
2014 $678 $17,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maggio

    Seller's Agent in 2014

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 381-2268

    41 in this area

    101 Total Sales

    Joseph Maggio
    Section Image

  • S

    Seller's Agent in 2013

    Suzanne Landon

    Jack Lingo - Rehoboth

    (302) 542-3488

    3 in this area

    4 Total Sales

    Suzanne Landon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000962756

Bright MLS

APN: 334-14.13-218.00

Delaware Sussex County Rehoboth Beach 19971

51 Lake Ave, Rehoboth Beach, DE

This home is located at 51 Lake Ave, Rehoboth Beach, DE 19971 and is currently priced at $750,000. 51 Lake 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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