$1,575,000
SOLD OCT 16, 2018

601 King Charles Ave Rehoboth Beach, DE 19971

5 Beds
4 Baths
2,700 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$583 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Heated Spa
  • Coastal Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Stockley Street Park

About This Home

As of February 2024

Completely 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 5 bedrooms, 4 bathrooms and a private office/den ideal for overflow guests if needed. The 3-season room is the prime location to relax and listen the waves crash. Other features include a spacious family room with a cozy gas fireplace, a tiled kitchen with granite counters, tile backsplash, bar area, formal dining area, separate game/fitness room, master bedroom with a luxury bath including a Jacuzzi tub, tiled shower and personal sauna. The outdoor living spaces are just as spectacular including a side screened porch, rooftop sundeck with hot tub and an outside shower. This home is a great beach house or investment property!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/28/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

MARY ANN SLINKMAN

(302) 245-4540 maslinkman@aol.com BAY COAST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1960 | Remodeled in 1993

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System
  • Property is zoned TN, Town Codes

Home Design

  • Coastal Architecture
  • Flat Roof Shape
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Den
  • Game Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Stacked Gas Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Driveway

Outdoor Features

  • Heated Spa
  • Screened Patio
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.05-215.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1960 | Remodeled in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Year Renovated: 1993
  • Remarks Public: Completely 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 5 bedrooms, 4 bathrooms and a private office/den ideal for overflow guests if needed. The 3-season room is the prime location to relax and listen the waves crash. Other features include a spacious family room with a cozy gas fireplace, a tiled kitchen with granite counters, tile backsplash, bar area, formal dining area, separate game/fitness room, master bedroom with a luxury bath including a Jacuzzi tub, tiled shower and personal sauna. The outdoor living spaces are just as spectacular including a side screened porch, rooftop sundeck with hot tub and an outside shower. This home is a great beach house or investment property!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Electric, Dryer - Gas, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Bar, Built-Ins, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wood Floors, Primary Bath(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Game Room, Family Room, Study, Sun/Florida Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 590.74
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Hot Tub, Sidewalks, Exterior Lighting, Lawn Sprinkler
  • Roof: Metal, Flat
  • Spa Features: Heated
  • Spa: Yes
  • 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: 2
  • Parking Features: Private, Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, 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
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Screened, Roof
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 65000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1547.00
  • Assessor Parcel Number: 334-20.05-215.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/16/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

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
$2,278,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$271,116
Avg. Annual Appreciation
-6.00%

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)
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $2,550,000 None Listed On Document
Deed $2,200,000 Hudson Jones Jaywork & Fisher
Deed $1,575,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,210,000 New Conventional
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

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
2025 $3,697 $22,100 $10,000 $12,100
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

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Map

Source: Bright MLS

MLS Number: 1002244232

Bright MLS

APN: 334-20.05-215.00