601 King Charles Ave Rehoboth Beach, DE 19971
Estimated Value: $562,079 - $3,572,000
6
Beds
4
Baths
2,950
Sq Ft
$784/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Open Floorplan
- Deck
- Rehoboth Elementary School Rated A
- Coastal Architecture
- 4-minute walk to Stockley Street Park
About This Home
As of February 2024Completely turn-key in South Rehoboth! Located just one block from the beach and boardwalk, this home offers cottage charm and modern-day amenities. The beautifully manicured landscaping, white picket fence, green metal roof, and mature tall pines welcome you home. This home features 6 bedrooms, 4 bathrooms, a game room, and endless outdoor living space, including a fully enclosed wrap-around front porch, an expansive screened-in porch, and a massive second-level sun deck. The enclosed wrap-around front porch has multiple sitting areas and is the prime location to relax and listen to the waves crash, while the screened porch is perfect for enjoying a meal with friends on a beautiful summer night. The second-level deck is ideal for lounging on a sunny day or relaxing under the stars. The deck has been hardwired for a hot tub so you can add even more fun. Inside you will find a spacious family room with a cozy gas fireplace, an L-shaped kitchen with quartz countertops and a dry bar, a dining area, and a massive game room. New hardwood flooring and plenty of windows create a bright, warm, and inviting atmosphere. The primary suite is true luxury with an incredible spa-like bathroom, a walk-in closet with a built-in organization system, and private access to the sun deck. The recently renovated bathroom is outfitted with two vanities, a freestanding soaking tub, and an impressive walk-in shower, tiled from floor to ceiling. Feel free to invite friends and family to stay! No matter how many visitors you have, there is space for them all with five guest bedrooms, three on the first level and two more upstairs. Three bathrooms, all featuring tiled floors and showers, are conveniently located close by. Other features of this incredible home include recessed lighting, a large shed for storing all of your beach gear and bicycles, two off-street parking spots (one covered), an outdoor shower, an irrigation system, a wired surround sound system throughout the home, and much more. With the current city code, you would not be able to build a home of this size making this a truly unique property. This home would make an incredible primary home, vacation home, or investment property with over $120,000 in annual revenue. It’s being sold fully furnished so you can enjoy it from day one. Call today for a private tour!
Last Agent to Sell the Property
Jack Lingo - Lewes License #RS-0017885 Listed on: 11/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,016
Year Built
- Built in 1960 | Remodeled in 2015
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- East Facing Home
- Picket Fence
- Property is Fully Fenced
- Vinyl Fence
- Landscaped
- Extensive Hardscape
- Planted Vegetation
- Premium Lot
- Corner Lot
- Sprinkler System
- Partially Wooded Lot
- Property is in very good condition
- Property is zoned TN
Property Views
- Woods
- Garden
- Courtyard
Home Design
- Coastal Architecture
- Metal Roof
- Stick Built Home
Interior Spaces
- 2,950 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Wet Bar
- Furnished
- Ceiling Fan
- Skylights
- Recessed Lighting
- Self Contained Fireplace Unit Or Insert
- Fireplace With Glass Doors
- Fireplace Mantel
- Gas Fireplace
- Double Hung Windows
- Sliding Windows
- Casement Windows
- Window Screens
- Sliding Doors
- ENERGY STAR Qualified Doors
- Insulated Doors
- Family Room
- Dining Room
- Den
- Game Room
- Sun or Florida Room
- Screened Porch
- Crawl Space
Kitchen
- Country Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Built-In Microwave
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Front Loading Dryer
- Front Loading Washer
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 3 Parking Spaces
- 2 Driveway Spaces
- 1 Attached Carport Space
- Stone Driveway
- Brick Driveway
- Off-Street Parking
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Eco-Friendly Details
- Energy-Efficient Windows with Low Emissivity
Outdoor Features
- Outdoor Shower
- Multiple Balconies
- Deck
- Patio
- Exterior Lighting
- Outdoor Storage
- Outbuilding
- Outdoor Grill
- Rain Gutters
Schools
- Rehoboth Elementary School
- Cape Henlopen High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- 60 Gallon+ Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 34
- Assessor Parcel Number 334-20.05-215.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2023
Closed on
Feb 14, 2024
Sold by
Fishkin Zair and Fishkin Darby Nengel
Bought by
Aaronson Gary A and Aaronson Linda E
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%
Views
134
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
-$237,307
Avg. Annual Appreciation
-11.86%
Purchase Details
Listed on
May 11, 2022
Closed on
Jun 30, 2022
Sold by
Niager Kathy J
Bought by
Fishkin Zair and Fishkin Darby Nengel
Seller's Agent
MARY ANN SLINKMAN
BAY COAST REALTY
Buyer's Agent
Shawn McDonnell
Jack Lingo - Lewes
List Price
$2,099,999
Sold Price
$2,200,000
Premium/Discount to List
$100,001
4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$1,210,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 28, 2018
Closed on
Oct 12, 2018
Sold by
Dennis F Ratner Ret
Bought by
Niager Kathy J
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
MARY ANN SLINKMAN
BAY COAST REALTY
List Price
$1,595,000
Sold Price
$1,575,000
Premium/Discount to List
-$20,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Purchase Details
Closed on
Dec 5, 2000
Bought by
Ratner Dennis (Trustee)
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aaronson Gary A | $2,550,000 | None Listed On Document | |
| Fishkin Zair | $2,200,000 | Hudson Jones Jaywork & Fisher | |
| Niager Kathy J | $1,575,000 | -- | |
| Ratner Dennis (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fishkin Zair | $1,210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $2,550,000 | -7.3% | $864 / Sq Ft |
| 11/18/2023 11/18/23 | For Sale | $2,750,000 | +25.0% | $932 / Sq Ft |
| 06/30/2022 06/30/22 | Sold | $2,200,000 | +4.8% | $815 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $2,099,999 | 0.0% | $778 / Sq Ft |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | For Sale | $2,099,999 | +33.3% | $778 / Sq Ft |
| 10/16/2018 10/16/18 | Sold | $1,575,000 | -1.3% | $583 / Sq Ft |
| 09/13/2018 09/13/18 | Pending | -- | -- | -- |
| 08/28/2018 08/28/18 | For Sale | $1,595,000 | -- | $591 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $1,089 | $22,100 | $10,000 | $12,100 |
| 2023 | $1,088 | $22,100 | $10,000 | $12,100 |
| 2022 | $1,050 | $22,100 | $10,000 | $12,100 |
| 2021 | $1,041 | $22,100 | $10,000 | $12,100 |
| 2020 | $1,038 | $22,100 | $10,000 | $12,100 |
| 2019 | $1,039 | $22,100 | $10,000 | $12,100 |
| 2018 | $971 | $22,100 | $0 | $0 |
| 2017 | $929 | $22,100 | $0 | $0 |
| 2016 | $883 | $22,100 | $0 | $0 |
| 2015 | $844 | $22,100 | $0 | $0 |
| 2014 | $837 | $22,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Lingo
Seller's Agent in 2024
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
164 in this area
945 Total Sales
-
Shawn McDonnell
Seller Co-Listing Agent in 2024
Shawn McDonnell
Jack Lingo - Lewes
(302) 542-8591
50 in this area
159 Total Sales
-
Bill Cullin
Buyer's Agent in 2024
Bill Cullin
Long & Foster
(302) 841-7147
75 in this area
195 Total Sales
-
MARY ANN SLINKMAN
M
Seller's Agent in 2022
MARY ANN SLINKMAN
BAY COAST REALTY
(302) 245-4540
12 in this area
21 Total Sales
-
Bryce Lingo
Seller's Agent in 2018
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
201 in this area
390 Total Sales
-
Shaun Tull
Seller Co-Listing Agent in 2018
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
183 in this area
298 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2051980
APN: 334-20.05-215.00
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