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.
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
- 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%
Total Days on Market
171
Views
682
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$750,000
Outstanding Balance
$748,745
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$257,636
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
5.53%
Map
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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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 08/31/2015 08/31/15 | Pending | -- | -- | -- |
| 10/02/2013 10/02/13 | For Sale | $600,000 | -- | -- |
Source: Bright MLS
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 | $1,227 | $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
About the Listing Agent
The Debbie Reed Team has long been known for its excellent customer service and wide range of available Delaware Beach area properties including Rehoboth, Lewes, Bethany and surrounding areas. Committed to providing dedicated service to each and every client, The Debbie Reed Team is comprised of licensed REALTORS® and specialist staff to help buyers and sellers every step of the way in their real estate transactions. Whether it a first home, vacation home, retirement, waterfront luxury property
DEBBIE's Other Listings
Source: Bright MLS
MLS Number: DESU2067038
APN: 334-13.20-174.00-510C
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