NOT LISTED FOR SALE

51 Olive Ave Unit 1 Rehoboth Beach, DE 19971

Estimated Value: $652,000 - $717,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Highlights

  • 100 Feet of Waterfront
  • Spa
  • Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Commercial Range

About This Home

As of January 2023

Beautiful in-town location. 1.5 blocks to the beach, 2 blocks to the Avenue. situated on a prime spot overlooking lake Gerar. Open floor plan great for entertaining.. front porch and back patio for outside enjoyment. 6 month +- rental available fully furnished and utilities included. from linens to towels... just bring your toothbrush.

Last Agent to Rent the Property

Kevin McDuffie

(202) 439-2435 kevinjamesmcduffie@gmail.com McWilliams/Ballard, Inc. Listed on: 11/12/2022

McWilliams/Ballard, Inc.

Last Renter's Agent

Daniel Lusk

(202) 412-8885 daniel@mccormickandlusk.com McWilliams/Ballard, Inc. License #RA-0020195

McWilliams/Ballard, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1954 | Remodeled in 2001

Lot Details

  • 7,841 Sq Ft Lot
  • 100 Feet of Waterfront
  • Downtown Location
  • South Facing Home
  • Stone Retaining Walls
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Awning
  • Double Hung Windows
  • Six Panel Doors
  • Den
  • Wood Flooring
  • Creek or Stream Views
  • Crawl Space
  • Flood Lights

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Indoor Grill
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Porch

Utilities

  • Central Air
  • Heating System Uses Bio Fuel
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Approved Septic System

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Windows
  • Property is near a park

Community Details

  • No Home Owners Association
  • Association fees include air conditioning, appliance maintenance, common area maintenance, electricity, gas, heat, high speed internet, laundry, lawn maintenance, sewer, taxes, trash, water
  • Rehoboth Beach Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,000
  • Tenant pays for cable TV
  • The owner pays for all utilities, electricity, gas, heat, insurance, sewer, real estate taxes, trash collection, water
  • Rent includes air conditioning, cooking, electricity, furnished, gas, grounds maintenance, heat, insurance, lawn service, linens/utensils, oil, parking, sewer, taxes, trash removal, water
  • No Smoking Allowed
  • 4-Month Min and 6-Month Max Lease Term
  • Available 11/15/22
  • $100 Repair Deductible
  • Assessor Parcel Number 334-14.13-287.00-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,579

Year Built

Built in 1954 | Remodeled in 2001

Lot Details

0

Rental Info

  • Date Available: 2022-11-15
  • Furnished: Yes
  • Monthly Pet Rent: 100.00
  • Owner Pays: All Utilities, Electricity, Gas, Heat, Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Pet Deposit: 250.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Air Conditioning, Cooking, Electricity, Furnished, Gas, Grounds Maintenance, Heat, Insurance, Lawn Service, Linens/Utensils, Oil, Parking, Sewer, Taxes, Trash Removal, Water
  • Security Deposit: 1000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 6
  • Min Lease in Months: 4
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1954
  • Year Renovated: 2001
  • Building Winterized: No
  • Remarks Public: Beautiful in-town location. 1.5 blocks to the beach, 2 blocks to the Avenue. situated on a prime spot overlooking lake Gerar. Open floor plan great for entertaining.. front porch and back patio for outside enjoyment. 6 month +- rental available fully furnished and utilities included. from linens to towels... just bring your toothbrush.
  • Repair Deductible: 100.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Icemaker, Indoor Grill, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wood Floors
  • Window Features: Double Hung, Energy Efficient
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Office
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s), Bbq Grill, Exterior Lighting, Flood Lights, Gutter System, Outside Shower, Sidewalks, Stone Retaining Walls
  • Roof: Architectural Shingle
  • Spa Features: Private
  • Spa: Yes
  • View: Creek/Stream
  • Water Access: No
  • Water Body Name: lake Gerar
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Bio Fuel
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Approved System
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Appliance Maintenance, Common Area Maintenance, Electricity, Gas, Heat, High Speed Internet, Laundry, Lawn Maintenance, Sewer, Taxes, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Features: Backs - Parkland
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: TN

Tax Info

  • Assessor Parcel Number: 5195659
  • Assessor Parcel Number: 334-14.13-287.00-1
  • Close Date: 01/31/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Nichols Jacqueline
Bought by
Jacqueline Ann Nichols Declaration Of Revocab and Mccombs
Current Estimated Value
$684,500

Purchase Details

Closed on
Feb 8, 2012
Sold by
Jacqueline Jacqueline and Ballarin Gianni
Bought by
Nichols Jacqueline
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
Jacqueline Ann Nichols Declaration Of Revocab -- None Listed On Document
Jacqueline Ann Nichols Declaration Of Revocab -- None Listed On Document
Nichols Jacqueline -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Rented $4,000 0.0% --
11/12/2022 11/12/22 For Rent $4,000 -- --
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 $2,579 $13,450 $0 $13,450
2024 $730 $13,450 $0 $13,450
2023 $729 $13,450 $0 $13,450
2022 $690 $13,450 $0 $13,450
2021 $775 $13,450 $0 $13,450
2020 $771 $13,450 $0 $13,450
2019 $632 $13,450 $0 $13,450
2018 $696 $24,950 $0 $0
2017 $649 $24,950 $0 $0
2016 $596 $24,950 $0 $0
2015 $573 $24,950 $0 $0
2014 $562 $24,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin McDuffie

    Landlord's Agent in 2023

    Kevin McDuffie

    McWilliams/Ballard, Inc.

    (202) 439-2435

    3 Total Sales

    Kevin McDuffie
    Section Image
  • Daniel Lusk

    Tenant's Agent in 2023

    Daniel Lusk

    McWilliams/Ballard, Inc.

    (202) 412-8885

    179 in this area

    243 Total Sales

    Daniel Lusk
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2032044

Bright MLS

APN: 334-14.13-287.00-1

Delaware Sussex County Rehoboth Beach 19971

51 Olive Ave Unit 1, Rehoboth Beach, DE

This home is located at 51 Olive Ave Unit 1, Rehoboth Beach, DE 19971 since 12 November 2022 and is currently priced at $684,500. This property was built in 1954. 51 Olive Ave Unit 1 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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