NOT LISTED FOR SALE

68 Sussex St Rehoboth Beach, DE 19971

Estimated Value: $1,762,110 - $2,168,000

3 Beds
3 Baths
1,786 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $1,190,000 $666 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,190/month

20 Days on Market

Highlights

  • Coastal Architecture
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Deer Park

About This Home

As of November 2019

Charming Renovation with an Adorable Guest Cottage!This property is nestled in The Pines Of North Rehoboth, just one block from Rehoboth Avenue shops and restaurants, and a short walk to the beach & boardwalk! The main house features 3 bedrooms, 3 baths, designer finishes, hardwood, a classic fireplace finished with decorative stone from the famous Cape Henlopen Lighthouse, HardiPlank exterior, screened porch, covered balcony, outside shower, and grilling patio in the large back yard. The adorable guest cottage features a large living area, Kitchen, bath, a generous sleeping loft, vinyl siding, and skylight too! This property has never been rented, is in excellent condition and comes furnished with only a few exclusions. You are also sure to enjoy the off-street parking, beautiful landscaping, and access to the Breakwater Junction Bike Trail too! The renovation was performed by Garrison Homes. While this property has never been a rental, it has the potential to generate $40,000 per Summer season if desired. It has 2 rental licenses so you could rent either one and use the other, or rent both. This is truly a special offering so my advice is to hurry!

Last Agent to Sell the Property

Michael Bacher

Jack Lingo - Rehoboth Listed on: 08/18/2019

Jack Lingo - Rehoboth

Co-Listed By

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904

Last Buyer's Agent

Michael Bacher

Jack Lingo - Rehoboth Listed on: 08/18/2019

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1920

Lot Details

  • 4,842 Sq Ft Lot
  • Lot Dimensions are 48.415 x 100.00
  • Wood Fence
  • Property is in very good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,786 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Garden Views
  • Partial Basement

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 334-14.17-26.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal Items and Artwork
  • Inclusions: Furnished with exclusions.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-19
  • Federal Flood Zone: No
  • Year Built: 1920
  • Remarks Public: Charming Renovation with an Adorable Guest Cottage!This property is nestled in The Pines Of North Rehoboth, just one block from Rehoboth Avenue shops and restaurants, and a short walk to the beach & boardwalk! The main house features 3 bedrooms, 3 baths, designer finishes, hardwood, a classic fireplace finished with decorative stone from the famous Cape Henlopen Lighthouse, HardiPlank exterior, screened porch, covered balcony, outside shower, and grilling patio in the large back yard. The adorable guest cottage features a large living area, Kitchen, bath, a generous sleeping loft, vinyl siding, and skylight too! This property has never been rented, is in excellent condition and comes furnished with only a few exclusions. You are also sure to enjoy the off-street parking, beautiful landscaping, and access to the Breakwater Junction Bike Trail too! The renovation was performed by Garrison Homes. While this property has never been a rental, it has the potential to generate $40,000 per Summer season if desired. It has 2 rental licenses so you could rent either one and use the other, or rent both. This is truly a special offering so my advice is to hurry!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Kitchen - Galley, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 1786
  • Living Area Sq Ft: 1786
  • Price Per Sq Ft: 699.83
  • Above Grade Finished Sq Ft: 1786
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 68

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type
  • Exterior Features: Outside Shower, Bbq Grill
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Garden/Lawn
  • 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, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane
  • Water Source: Public

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
  • Fencing: Wood
  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 48.415 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4841.50
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 866.00
  • Tax Annual Amount: 1518.34
  • Assessor Parcel Number: 334-14.17-26.00
  • Tax Lot: 68
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/01/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 1996
Bought by
Pietras Michael J (Trustee) C Mark Weed
Current Estimated Value
$2,004,278
Source: Public Records

Range of Values:

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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
Pietras Michael J (Trustee) C Mark Weed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $1,190,000 -4.8% $666 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $1,249,900 -- $700 / 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 $1,067 $21,950 $8,750 $13,200
2023 $1,066 $21,950 $8,750 $13,200
2022 $1,029 $21,950 $8,750 $13,200
2021 $1,020 $21,950 $8,750 $13,200
2020 $1,016 $21,950 $8,750 $13,200
2019 $1,032 $21,950 $8,750 $13,200
2018 $964 $21,950 $0 $0
2017 $923 $21,950 $0 $0
2016 $877 $21,950 $0 $0
2015 $838 $21,950 $0 $0
2014 $825 $21,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146300

Bright MLS

APN: 334-14.17-26.00