NOT LISTED FOR SALE

607 King Charles Ave Rehoboth Beach, DE 19971

Estimated Value: $1,678,542 - $2,408,000

3 Beds
2.5 Baths
-- Sq Ft
3,328 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $1,300,000

Est. 58% increase in value since last sale

Current estimated payment $11,238/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Corner Lot
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Stockley Street Park

About This Home

As of July 2021

Act now to purchase this traditional beach home on the corner of King Charles Ave. and Stockley Street in South Rehoboth. This property is located just across the street from the ocean block. Just steps to the boardwalk and ocean, and a few blocks south of downtown Rehoboth Beach. Enjoy all the shops, great restaurants, and boardwalk attractions found in this beach resort town. The home is being sold furnished and has three bedrooms, two and one half baths, living room, dining room, and kitchen. Wood floors and pine paneling give this home that Old Rehoboth feel! There is a wonderful screened porch that's perfect for enjoying the sights and sounds of the Nations Summer Capital! This home has a good rental history, or just use it as your own little slice of paradise! Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Terry Millman

(302) 226-6640 TERRY@JACKLINGO.COM Jack Lingo - Rehoboth License #RA-0002220 Listed on: 05/25/2021

Jack Lingo - Rehoboth

Co-Listed By

Rick Monkman

(302) 226-6658 monk0388@aol.com Jack Lingo - Rehoboth License #RS-0016097

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1926

Lot Details

  • 3,328 Sq Ft Lot
  • Lot Dimensions are 52.00 x 64.00
  • Vinyl Fence
  • Corner Lot
  • Property is in good condition
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Walls
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Furnished
  • Paneling
  • Beamed Ceilings
  • Wood Ceilings
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric 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
  • Tax Lot 39
  • Assessor Parcel Number 334-20.06-116.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,249

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Tools in attic. Two portable bookcases.
  • Inclusions: Most furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-25
  • Federal Flood Zone: No
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Act now to purchase this traditional beach home on the corner of King Charles Ave. and Stockley Street in South Rehoboth. This property is located just across the street from the ocean block. Just steps to the boardwalk and ocean, and a few blocks south of downtown Rehoboth Beach. Enjoy all the shops, great restaurants, and boardwalk attractions found in this beach resort town. The home is being sold furnished and has three bedrooms, two and one half baths, living room, dining room, and kitchen. Wood floors and pine paneling give this home that Old Rehoboth feel! There is a wonderful screened porch that's perfect for enjoying the sights and sounds of the Nations Summer Capital! This home has a good rental history, or just use it as your own little slice of paradise! Don't miss out on this rare opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Washer
  • Flooring Type: Wood
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Wood Floors
  • Fireplace Features: Gas/Propane, Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Paneled Walls, Wood Ceilings, Wood Walls
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 607

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • 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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Fencing: Vinyl
  • Land Use Code: RS
  • Lot Features: Corner
  • Lot Size Acres: 0.08
  • Lot Dimensions: 52.00 x 64.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3328.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 714.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1249.00
  • Assessor Parcel Number: 334-20.06-116.00
  • Tax Lot: 39
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/29/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Forcier Joseph J and Forcier Kimberly J
Bought by
Jkml Forcier Family Trust
Current Estimated Value
$2,059,386

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 29, 2021
Sold by
Price Raymond and Price Bernadine B
Bought by
Forcier Joseph J and Forcier Kimberly J
Seller's Agent
Terry Millman
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Buyer Sale Price Title Company
Jkml Forcier Family Trust -- --
Jkml Forcier Family Trust -- None Listed On Document
Forcier Joseph J $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forcier Joseph J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $1,300,000 -7.1% --
06/22/2021 06/22/21 For Sale $1,399,000 +7.6% --
06/19/2021 06/19/21 Off Market $1,300,000 -- --
06/05/2021 06/05/21 Price Changed $1,399,000 -6.4% --
05/25/2021 05/25/21 For Sale $1,495,000 -- --
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 $3,824 $16,800 $8,650 $8,150
2024 $1,720 $16,800 $8,650 $8,150
2023 $1,719 $16,800 $8,650 $8,150
2022 $798 $16,800 $8,650 $8,150
2021 $791 $16,800 $8,650 $8,150
2020 $789 $16,800 $8,650 $8,150
2019 $790 $16,800 $8,650 $8,150
2018 $738 $16,800 $0 $0
2017 $707 $16,800 $0 $0
2016 $671 $16,800 $0 $0
2015 $641 $16,800 $0 $0
2014 $637 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183170

Bright MLS

APN: 334-20.06-116.00