NOT LISTED FOR SALE

602 Bayard Ave Rehoboth Beach, DE 19971

Estimated Value: $500,156 - $8,962,000

5 Beds
4.5 Baths
-- Sq Ft
10,000 Sq Ft Lot

Last Sold May 10, 2013

Last sale price $1,650,000

Est. 177% increase in value since last sale

Current estimated payment $25,054/month

Highlights

  • Coastal Architecture
  • Deck
  • Attic
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 1-minute walk to Stockley Street Park

About This Home

As of May 2013

Classic Beach Cottage in South Rehoboth 2 blocks to the ocean on large 100x100 lot. Two story home offers 5 bedrooms, 4 baths, front & back sunrooms, living room, dining room, kitchen, breakfast nook, family room, deck, garage, full basement, & 1st floor master! RENTAL & DEVELOPMENT POTENTIAL!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 03/22/2013

Monument Sotheby's International Realty

Last Buyer's Agent

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Subdivision Possible

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-203.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

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
  • Remarks Public: Classic Beach Cottage in South Rehoboth 2 blocks to the ocean on large 100x100 lot. Two story home offers 5 bedrooms, 4 baths, front & back sunrooms, living room, dining room, kitchen, breakfast nook, family room, deck, garage, full basement, & 1st floor master! RENTAL & DEVELOPMENT POTENTIAL!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Dining, Pantry, Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Breakfast Room, Sun/Florida Room, Great Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Interior Access
  • Street Number Modifier: 602

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Brick, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping, Subdivision Possible
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100 X 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s)
  • Possible Use: Vacant
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202450
  • Tax Annual Amount: 1258.00
  • Assessor Parcel Number: 334-20.05-203.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/10/2013

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 15, 2013
Sold by
Ruffino Richard M
Bought by
Varone Jeffrey
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$4,573,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,923,052
Avg. Annual Appreciation
8.58%

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 10, 2013
Sold by
Ruffino Richard M
Bought by
Varone Jeffrey
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,650,000
Sold Price
$1,650,000
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
Varone Jeffrey $1,650,000 --
Varone Jeffrey $1,650,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $1,650,000 0.0% --
03/26/2013 03/26/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $1,650,000 -- --
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 $9,698 $125,500 $18,750 $106,750
2024 $6,186 $125,500 $18,750 $106,750
2023 $6,180 $125,500 $18,750 $106,750
2022 $5,965 $125,500 $18,750 $106,750
2021 $5,910 $125,500 $18,750 $106,750
2020 $5,892 $125,500 $18,750 $106,750
2019 $5,901 $125,500 $18,750 $106,750
2018 $5,511 $125,500 $0 $0
2017 $5,278 $125,500 $0 $0
2016 $5,013 $125,500 $0 $0
2015 $4,790 $125,500 $0 $0
2014 $1,423 $37,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000972578

Bright MLS

APN: 334-20.05-203.00