$2,200,000
SOLD JAN 7, 2022

69 Sussex St Rehoboth Beach, DE 19971

7 Beds
5.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

10% Above List Price

Highlights

  • Coastal Architecture
  • Wood Flooring
  • No HOA
  • Rehoboth Elementary School Rated A
  • Furnished
  • 3-minute walk to Deer Park

About This Home

As of July 2024

RARE opportunity to own not only this classic fully furnished North Rehoboth 4 bedroom, 3.5 bathroom home but also a 2 bedroom, 1 bathroom cottage and a 1 bedroom, 1 bathroom guest suite located in the heart of downtown Rehoboth Beach and a short walk from Rehoboth’s renown boardwalk, beaches and downtown dining, shopping, and entertainment. Property will make a great second home to enjoy or stay in one and rent the other. The main home features renovated kitchen with granite countertops, stainless steel appliances, and open dining area which leads into a screened-in porch boasting great natural light. The first floor also offers a separate family room and large dining room with separate entrance to landscaping rear yard with stone patio area. The second floor has well sized bedrooms and Owner’s suite. There is also a finished basement with separate laundry room. The charming cottage offers even more living space with foyer, open dining area, kitchen, 2 bedrooms, and separate washer and dryer as well as a private, charming, and secluded rear patio deck area with outdoor shower. Don’t miss this great opportunity on a property that offers so many options!

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 10/15/2021

Co-Listed By

Walt Cassel

(917) 826-8867 walt@reinrb.com Dave McCarthy & Associates, Inc.

Last Buyer's Agent

Daniel Lusk

(202) 412-8885 daniel@mccormickandlusk.com McWilliams/Ballard, Inc. License #RA-0020195

McWilliams/Ballard, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned TN

Parking

  • 3 Parking Spaces

Home Design

  • Coastal Architecture
  • Cottage
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Skylights
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 334-14.17-22.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Artwork, certain furnishings, personal property - see exclusion list
  • Inclusions: Furnished with some exclusions
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-16
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: RARE opportunity to own not only this classic fully furnished North Rehoboth 4 bedroom, 3.5 bathroom home but also a 2 bedroom, 1 bathroom cottage and a 1 bedroom, 1 bathroom guest suite located in the heart of downtown Rehoboth Beach and a short walk from Rehoboth’s renown boardwalk, beaches and downtown dining, shopping, and entertainment. Property will make a great second home to enjoy or stay in one and rent the other. The main home features renovated kitchen with granite countertops, stainless steel appliances, and open dining area which leads into a screened-in porch boasting great natural light. The first floor also offers a separate family room and large dining room with separate entrance to landscaping rear yard with stone patio area. The second floor has well sized bedrooms and Owner’s suite. There is also a finished basement with separate laundry room. The charming cottage offers even more living space with foyer, open dining area, kitchen, 2 bedrooms, and separate washer and dryer as well as a private, charming, and secluded rear patio deck area with outdoor shower. Don’t miss this great opportunity on a property that offers so many options!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Skylight(s), Upgraded Countertops, Wood Floors
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 69

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Cedar
  • Exterior Features: Outside Shower, Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196611
  • School Tax: 1241.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1986.02
  • Assessor Parcel Number: 334-14.17-22.00
  • Tax Lot: 69
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/07/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jul 2, 2024
Sold by
Rockey Christopher D and Rockey Alicia
Bought by
Keystar Takoma Llc
Seller's Agent
Paige Bowers Bowers
Tesla Realty Group, LLC
Buyer's Agent
Paige Bowers Bowers
EXP Realty, LLC
List Price
$2,099,999
Sold Price
$2,000,000
Premium/Discount to List
-$99,999
-4.76%
Views
109
Current Estimated Value
$2,407,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,348
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 7, 2022
Sold by
Gleason Aguirre Living Trust
Bought by
Rockey Christopher D and Rockey Alicia
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Daniel Lusk
McWilliams/Ballard, Inc.
List Price
$1,995,000
Sold Price
$2,200,000
Premium/Discount to List
$205,000
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.77%
Original Mortgage
$1,870,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Aguirre Mark
Bought by
Gleason Aguirre Lt

Purchase Details

Closed on
Jul 17, 1996
Bought by
Aguirre Mark
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 $2,000,000 None Listed On Document
Deed $2,200,000 Tunnell & Raysor Pa
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,870,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $2,000,000 -4.8% $625 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $2,100,000 0.0% $656 / Sq Ft
03/08/2024 03/08/24 For Sale $2,099,999 -4.5% $656 / Sq Ft
01/07/2022 01/07/22 Sold $2,200,000 +10.3% --
10/22/2021 10/22/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $1,995,000 -- --
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 $3,877 $29,100 $8,750 $20,350
2024 $1,434 $29,100 $8,750 $20,350
2023 $1,433 $29,100 $8,750 $20,350
2022 $1,383 $29,100 $8,750 $20,350
2021 $1,370 $29,100 $8,750 $20,350
2020 $1,366 $29,100 $8,750 $20,350
2019 $1,368 $29,100 $8,750 $20,350
2018 $1,278 $29,100 $0 $0
2017 $1,224 $29,100 $0 $0
2016 $1,162 $29,100 $0 $0
2015 $1,111 $29,100 $0 $0
2014 $1,103 $29,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2000161

Bright MLS

APN: 334-14.17-22.00