Seller's Agent in 2025
DEBBIE REED
RE/MAX
(302) 227-3818
269 in this area
820 Total Sales
510 Rehoboth Ave Unit 510C Rehoboth Beach, DE 19971
3
Beds
2.5
Baths
1,500
Sq Ft
$292/mo
HOA Fee
Highlights
- Water Oriented
- Open Floorplan
- Deck
- Rehoboth Elementary School Rated A
- Coastal Architecture
- 3-minute walk to Grove Park
About This Home
As of February 2025Motivated Seller! Welcome to Flip Flop Central, a unique semi-detached home in the heart of downtown Rehoboth. Set among mature trees in a hidden enclave, this convenient location provides great access to dining, shopping, the beach, boardwalk, the farmers market, Grove Park, the bike trail and more. Enjoy a relaxed beach lifestyle in a care-free home with 3 bedrooms, 2.5 baths, a gas fireplace, and a large eat in kitchen with tile floors, stainless appliances and a subway tile back splash. Curl up with a good book in one of the 3 outdoor living spaces, a spacious front screened porch, a quiet sun deck off the primary suite and a side porch off the kitchen. Being sold furnished, this turn key property also features a new HVAC in 2022, and a full basement with room to grow as partial framing & plumbing rough in are already in place. There is also attic storage, a separate storage shed for bikes, parking for 2 cars and 2 City of Rehoboth parking passes. Only 6 blocks to the beach, this charming getaway is the next best thing to a single family home. Short term rentals permitted.
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 07/26/2024
Co-Listed By
(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,747
Year Built
- Built in 2005
Lot Details
- Partially Fenced Property
- Wooded Lot
HOA Fees
- $292 Monthly HOA Fees
Home Design
- Semi-Detached or Twin Home
- Coastal Architecture
- Entry on the 1st floor
- Block Foundation
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,500 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Family Room
- Living Room
- Screened Porch
- Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Gravel Driveway
- Off-Street Parking
- 2 Assigned Parking Spaces
Outdoor Features
- Water Oriented
- Property is near an ocean
- Deck
- Screened Patio
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 334-13.20-174.00-510C
Community Details
Overview
- $500 Capital Contribution Fee
- Association fees include common area maintenance, sewer, trash, water
- Encampment Grounds Subdivision
Amenities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Feb 14, 2025
Sold by
Kelly Mary E
Bought by
Thompson James Alan and Fusco Georgeann Rita
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Views
682
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
$92,337
Avg. Annual Appreciation
13.45%
Original Mortgage
$750,000
Outstanding Balance
$745,543
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$346,794
Purchase Details
Closed on
Feb 4, 2019
Sold by
Rees Mary E
Bought by
Kelly Mary E
Purchase Details
Listed on
Oct 2, 2013
Closed on
Oct 2, 2015
Sold by
Hilt Arthur L and Cummins Eloise M
Bought by
Rees Mary E
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
List Price
$600,000
Sold Price
$600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,000,000 | None Listed On Document | |
| Deed | $1,000,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Deed | $600,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Closed | $750,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $1,000,000 | -2.4% | $667 / Sq Ft | |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- | |
| 01/11/2025 01/11/25 | Price Changed | $1,025,000 | -2.4% | $683 / Sq Ft | |
| 10/24/2024 10/24/24 | Price Changed | $1,050,000 | -4.5% | $700 / Sq Ft | |
| 09/04/2024 09/04/24 | Price Changed | $1,099,000 | -4.0% | $733 / Sq Ft | |
| 08/27/2024 08/27/24 | Price Changed | $1,145,000 | -4.2% | $763 / Sq Ft | |
| 08/07/2024 08/07/24 | Price Changed | $1,195,000 | -4.4% | $797 / Sq Ft | |
| 07/26/2024 07/26/24 | For Sale | $1,250,000 | +108.3% | $833 / Sq Ft | |
| 10/02/2015 10/02/15 | Sold | $600,000 | 0.0% | -- | View Prior Sale |
| 08/31/2015 08/31/15 | Pending | -- | -- | -- | |
| 10/02/2013 10/02/13 | For Sale | $600,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $1,487 | $21,700 | $0 | $21,700 |
| 2024 | $1,227 | $21,700 | $0 | $21,700 |
| 2023 | $1,226 | $21,700 | $0 | $21,700 |
| 2022 | $1,183 | $21,700 | $0 | $21,700 |
| 2021 | $1,173 | $21,700 | $0 | $21,700 |
| 2020 | $1,169 | $21,700 | $0 | $21,700 |
| 2019 | $1,171 | $21,700 | $0 | $21,700 |
| 2018 | $1,093 | $24,900 | $0 | $0 |
| 2017 | $1,047 | $24,900 | $0 | $0 |
| 2016 | $995 | $24,900 | $0 | $0 |
| 2015 | $950 | $24,900 | $0 | $0 |
| 2014 | $943 | $24,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
AMY WARICK
Seller Co-Listing Agent in 2025
AMY WARICK
RE/MAX
(302) 258-5442
46 in this area
96 Total Sales
-
Carrie Lingo
Buyer's Agent in 2025
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
145 in this area
845 Total Sales
-
Shawn McDonnell
Buyer Co-Listing Agent in 2025
Shawn McDonnell
Jack Lingo - Lewes
(302) 542-8591
45 in this area
149 Total Sales
-
JOSEPH CHOMA
Seller's Agent in 2015
JOSEPH CHOMA
BHHS PenFed (actual)
(302) 381-5602
10 in this area
36 Total Sales
-
D
Buyer's Agent in 2015
DERRICK LINGO
Jack Lingo - Rehoboth
Map
Source: Bright MLS
MLS Number: DESU2067038
APN: 334-13.20-174.00-510C
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