NOT LISTED FOR SALE

54 Delaware Ave Rehoboth Beach, DE 19971

Estimated Value: $3,037,000 - $3,309,000

4 Beds
3 Baths
2,896 Sq Ft
$1,083/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $1,730,000 $597 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $16,697/month

128 Days on Market

Highlights

  • Gourmet Kitchen
  • Coastal Architecture
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Deck
  • 5-minute walk to Dune Nature Park

About This Home

As of November 2018

Reduced $50K!! Stellar location only 2 blocks to the beach! Boasting the charm of the best of "Old Rehoboth" characteristics coupled with the modern luxuries that you expect in a home today. A substantial renovation gave the opportunity to refine layout & modernize with new systems while staying consistent with the true character. The glistening pine hardwood flooring & trim work throughout pop against the serene coastal blue walls. Entertain in the chef's kitchen with custom cabinetry, granite countertops, center island with prep sink and further enhanced with an eye catching wet bar decorated with LED lighting & exposed shelving. Be wowed by the large owner's suite with high ceilings, huge walk in closet and access to the second floor porch. Outside enjoy a covered porch, outdoor shower, garden shed, manicured landscaping featuring glowing lighting & dancing fountains. Two paver driveways include off street parking for 4-5 cars. Geothermal heat, solar and room to add an elevator inside too!

Last Agent to Sell the Property

Brian Barrows

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RA-0020621 Listed on: 05/03/2018

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty

Last Buyer's Agent

Marilynn Kuebler

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0017650

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot
  • Downtown Location
  • Partially Fenced Property
  • Vinyl Fence
  • Landscaped
  • Cleared Lot
  • Property is zoned TOWN CODES, TOWN CODES

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • Shake Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,896 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Replacement Windows
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • Insulated Doors
  • Great Room
  • Family Room
  • Dining Room
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Surveillance System
  • Storm Doors

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Water Fountains
  • Exterior Lighting
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • 220 Volts
  • Propane
  • Tankless Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-507.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1926
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Self Cleaning, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Ceiling Fan(s), Wet/Dry Bar, Dining Area, Kitchen - Gourmet, Upgraded Countertops, Wood Floors
  • Window Features: Insulated, Screens, Casement, Replacement
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Family Room, Basement, Great Room, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Sump Pump, Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2896
  • Living Area Sq Ft: 2896
  • Net Sq Ft: 2896.00
  • Price Per Sq Ft: 621.55
  • Above Grade Finished Sq Ft: 2896
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Shake Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s), Exterior Lighting, Water Fountains
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Brick Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Electric Service: 220 Volts
  • Heating Fuel: Geo-Thermal
  • Heating Type: Geothermal
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Security System, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane
  • Water Sewer Expenses: 630.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Horses: No
  • Fencing: Partially, Vinyl
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Porch(es), Patio(s)
  • Zoning: TOWN CODES
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197021
  • Tax Annual Amount: 896.00
  • Assessor Parcel Number: 334-14.17-507.00
  • County Tax Payment Frequency: Annually

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
May 3, 2018
Closed on
Nov 11, 2018
Sold by
Miller Benjamin H and Gordon William E
Bought by
Price Phill H and Price Bette J
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Marilynn Kuebler
Monument Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,730,000
Premium/Discount to List
-$120,000
-6.49%
Current Estimated Value
$3,137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,407,000
Avg. Annual Appreciation
8.63%
Original Mortgage
$1,775,000
Outstanding Balance
$1,560,755
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,576,245

Purchase Details

Closed on
Feb 23, 2012
Sold by
Benjamin H Benjamin H and Gordon William E
Bought by
Miller Benjamin H and Gordon William E
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Price Phill H $1,730,000 --
Miller Benjamin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Phill H $1,775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $1,730,000 -3.9% $597 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
08/14/2018 08/14/18 Price Changed $1,800,000 -2.7% $622 / Sq Ft
05/03/2018 05/03/18 For Sale $1,850,000 -- $639 / Sq Ft
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
2025 $4,693 $17,850 $10,000 $7,850
2024 $880 $17,850 $10,000 $7,850
2023 $879 $17,850 $10,000 $7,850
2022 $848 $17,850 $10,000 $7,850
2021 $841 $17,850 $10,000 $7,850
2020 $838 $17,850 $10,000 $7,850
2019 $483 $17,850 $10,000 $7,850
2018 $456 $17,850 $0 $0
2017 $439 $17,850 $0 $0
2016 $426 $17,850 $0 $0
2015 $410 $17,850 $0 $0
2014 $402 $17,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001573272

Bright MLS

APN: 334-14.17-507.00