$300,000
SOLD OCT 10, 2024
4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Recently Sold

11% Above List Price

5 Days on Market

Highlights

  • Traditional Floor Plan
  • Rambler Architecture
  • Attic
  • Lewes Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2025

Investor special in a PRIME location minutes from the Delaware beaches, the outlets, fine dinning, and more! Tucked away in the peaceful neighborhood of Midway Estates is this 4 bed, 2 bath home just begging for someone to revive it. No HOA or land lease, which means short term rentals are welcomed! Renovate over the winter and have this home ready to enjoy for the upcoming beach season! Home is being sold as-is.

Last Agent to Sell the Property

Jamie Taraila

Keller Williams Realty Central-Delaware License #5015225 Listed on: 09/18/2024

Keller Williams Realty Central-Delaware

Last Buyer's Agent

Andy Whitescarve Whitescarver

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75.00 x 140.00
  • Back and Front Yard
  • Property is in below average condition
  • Property is zoned MR

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area
  • Crawl Space
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Shed

Community Details

  • No Home Owners Association
  • Midway Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-06.00-291.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$729

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Investor special in a PRIME location minutes from the Delaware beaches, the outlets, fine dinning, and more! Tucked away in the peaceful neighborhood of Midway Estates is this 4 bed, 2 bath home just begging for someone to revive it. No HOA or land lease, which means short term rentals are welcomed! Renovate over the winter and have this home ready to enjoy for the upcoming beach season! Home is being sold as-is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Bathroom - Tub Shower, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Pantry, Primary Bath(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 54

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
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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

  • Land Use Code: 999
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.24
  • Lot Dimensions: 75.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Major Rehab Needed, Below Average
  • Year Assessed: 2024
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 664.00
  • Tax Annual Amount: 729.00
  • Assessor Parcel Number: 334-06.00-291.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/10/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 9, 2024
Sold by
Broadkill Ventures Llc
Bought by
Stryker Nicholas
Seller's Agent
Jamie Taraila
Keller Williams Realty Central-Delaware
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$269,990
Sold Price
$300,000
Premium/Discount to List
$30,010
11.12%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.40%
Original Mortgage
$160,000
Outstanding Balance
$66,900
Interest Rate
1.2%
Mortgage Type
Construction
Estimated Equity
$394,406

Purchase Details

Listed on
Sep 18, 2024
Closed on
Sep 4, 2024
Sold by
Letzkus Mary Ann
Bought by
Broadkill Ventures Llc
Seller's Agent
Jamie Taraila
Keller Williams Realty Central-Delaware
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$269,990
Sold Price
$300,000
Premium/Discount to List
$30,010
11.12%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$66,900
Interest Rate
1.2%
Mortgage Type
Construction
Estimated Equity
$394,406

Purchase Details

Closed on
Apr 11, 1996
Bought by
Saah Linda F
Source: Public Records

Similar Home in Rehoboth Beach, DE

Range of Values:

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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
Deed $300,000 None Listed On Document
Deed $300,000 None Listed On Document
Deed $159,990 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $460,000 -2.1% --
06/29/2025 06/29/25 Pending -- -- --
06/07/2025 06/07/25 Price Changed $469,900 -2.1% --
05/31/2025 05/31/25 Price Changed $479,900 -2.0% --
05/29/2025 05/29/25 Price Changed $489,900 -2.0% --
05/04/2025 05/04/25 For Sale $499,900 +66.6% --
10/10/2024 10/10/24 Sold $300,000 +11.1% --
09/23/2024 09/23/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $269,990 -- --
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
2024 $729 $14,800 $1,750 $13,050
2023 $729 $14,800 $1,750 $13,050
2022 $703 $14,800 $1,750 $13,050
2021 $697 $14,800 $1,750 $13,050
2020 $695 $14,800 $1,750 $13,050
2019 $696 $14,800 $1,750 $13,050
2018 $650 $14,800 $0 $0
2017 $622 $14,800 $0 $0
2016 $591 $14,800 $0 $0
2015 $565 $14,800 $0 $0
2014 $561 $14,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070882

Bright MLS

APN: 334-06.00-291.00