NOT LISTED FOR SALE

Estimated Value: $3,427,200 - $3,966,000

4 Beds
5 Baths
3,000 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $2,525,000 $842 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $20,189/month

32 Days on Market

Highlights

  • Concrete Pool
  • View of Trees or Woods
  • Traditional Floor Plan
  • Rehoboth Elementary School Rated A
  • Commercial Range
  • 5-minute walk to Lake Gerar Park

About This Home

As of July 2020

This is the ideal opportunity to own a piece of Rehoboth's history! This iconic 1930's Rehoboth cottage is situated on the corner of Oak Avenue and 2nd Street on a double 100' x 100' lot and across from city park lands. Mature trees surround 57 Oak Avenue offering serenity and the utmost privacy while being located just steps to the beach, boardwalk and downtown Rehoboth. White picket fencing, beautiful mature landscaping, and a cheerful exterior create the most welcoming curb appeal. The surprisingly spacious and sprawling first level features original hardwood flooring, formal dining room, kitchen with island, den with a gas fireplace, formal living area with wood burning fireplace and antique mantel, sun room with ice maker and mini fridge that opens to the pool, and spacious laundry/mud room with an extra fridge and plenty of storage. The second level features 3 bedrooms and 3 baths that have been recently and tastefully updated, plus a separate guest suite above the attached 1-car garage with a separate entrance. The outdoor living spaces of 57 Oak Avenue are equally as impressive featuring a gardening shed, large outdoor shower and expansive brick patio that surrounds the large in ground pool. Professionally landscaped and fenced for added privacy creating the most elegant outdoor setting. 57 Oak Avenue is a home like no other and perfect for a buyer that appreciates Old Rehoboth charm.

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/19/2020

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Kim Hook

RE/MAX Coastal License #RB-0031040

RE/MAX Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1930

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Partially Fenced Property
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Property is zoned TN

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Cottage
  • Studio
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Wood Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Views of Woods
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Range Hood
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

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

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Baseboard Heater
  • Propane
  • Tankless Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 334-14.13-240.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Building Winterized: No
  • Remarks Public: This is the ideal opportunity to own a piece of Rehoboth's history! This iconic 1930's Rehoboth cottage is situated on the corner of Oak Avenue and 2nd Street on a double 100' x 100' lot and across from city park lands. Mature trees surround 57 Oak Avenue offering serenity and the utmost privacy while being located just steps to the beach, boardwalk and downtown Rehoboth. White picket fencing, beautiful mature landscaping, and a cheerful exterior create the most welcoming curb appeal. The surprisingly spacious and sprawling first level features original hardwood flooring, formal dining room, kitchen with island, den with a gas fireplace, formal living area with wood burning fireplace and antique mantel, sun room with ice maker and mini fridge that opens to the pool, and spacious laundry/mud room with an extra fridge and plenty of storage. The second level features 3 bedrooms and 3 baths that have been recently and tastefully updated, plus a separate guest suite above the attached 1-car garage with a separate entrance. The outdoor living spaces of 57 Oak Avenue are equally as impressive featuring a gardening shed, large outdoor shower and expansive brick patio that surrounds the large in ground pool. Professionally landscaped and fenced for added privacy creating the most elegant outdoor setting. 57 Oak Avenue is a home like no other and perfect for a buyer that appreciates Old Rehoboth charm.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Trash Compactor, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Bathroom - Soaking Tub, Studio, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Mantel(s), Wood, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Dry Wall, Wood Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Den, Bedroom 1, Laundry, Bathroom 2, Bathroom 3, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 865.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Shake Siding, Stick Built, Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower
  • Pool Features: Concrete, Fenced, In Ground
  • Roof: Architectural Shingle, Metal
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Central, Zoned, Heat Pump(s), Baseboard - Electric
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Fencing: Partially
  • Land Use Code: RS
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2809.08
  • Assessor Parcel Number: 334-14.13-240.00
  • Tax Lot: 57
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/10/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 10, 2020
Sold by
57 Oak Avenue Llc
Bought by
Veiel Lori A
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Kim Hook
RE/MAX Coastal
List Price
$2,595,000
Sold Price
$2,525,000
Premium/Discount to List
-$70,000
-2.7%
Current Estimated Value
$3,702,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,177,067
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Nov 5, 2014
Sold by
Joseph E Joseph E and Knoll Carol E
Bought by
57 Oak Avenue Llc
Source: Public Records

Range of Values:

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List Price
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 Buyer Sale Price Title Company
Veiel Lori A $2,525,000 None Available
57 Oak Avenue Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $2,525,000 -2.7% $842 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $2,595,000 -- $865 / Sq Ft
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 $2,073 $40,100 $20,000 $20,100
2023 $2,071 $40,100 $20,000 $20,100
2022 $1,911 $40,100 $20,000 $20,100
2021 $1,893 $40,100 $20,000 $20,100
2020 $1,887 $40,100 $20,000 $20,100
2019 $1,890 $40,100 $20,000 $20,100
2018 $1,761 $40,100 $0 $0
2017 $1,686 $40,100 $0 $0
2016 $1,602 $40,100 $0 $0
2015 $1,531 $40,100 $0 $0
2014 $1,519 $40,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU160862

Bright MLS

APN: 334-14.13-240.00