Seller's Agent in 2018
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
160 in this area
303 Total Sales
7 Oak Ave Rehoboth Beach, DE 19971
Estimated Value: $2,845,000 - $3,858,000
5
Beds
2.5
Baths
1,957
Sq Ft
$1,782/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Furnished
- Cottage
- Rehoboth Elementary School Rated A
- No HOA
- 5-minute walk to Lake Gerar Park
About This Home
As of November 2018Ocean block opportunity in The Pines of North Rehoboth! This 1921 coastal cottage exudes charm featuring a welcoming front porch, cedar paneling throughout, original hardwood floors and a wood burning fireplace too. This home boasts 5 bedrooms, 2.5 baths, outside shower, 1-car detached garage and a spacious rear yard offering plenty of room for backyard barbecues and summer fun! Located just steps to the white sandy North Rehoboth Beaches, this property's location leaves little to be desired. This home has potential for a renovation or the ideal location for your new dream home in Rehoboth Beach!
Last Agent to Sell the Property
(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/22/2018
Last Buyer's Agent
(800) 447-7711 frank@c21hometeam.com Century 21 Home Team Realty License #RB-0020614
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,381
Year Built
- Built in 1921
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50 x 100
- Partially Fenced Property
- Back Yard
- Property is zoned TN, Town Codes (R-1)
Home Design
- Cottage
- Architectural Shingle Roof
- Wood Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,957 Sq Ft Home
- Property has 2 Levels
- Furnished
- Paneling
- Low Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Family Room
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Garage
- 3 Open Parking Spaces
- Dirt Driveway
Outdoor Features
- Outdoor Shower
- Enclosed Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- North Rehoboth Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 195.00
- Assessor Parcel Number 334-14.09-195.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2018
Closed on
Jan 24, 2019
Sold by
Sweigart John G
Bought by
Sweigart John G and Sweigart Jennifer S
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Frank Parks
Century 21 Home Team Realty
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,848,333
Avg. Annual Appreciation
10.80%
Purchase Details
Listed on
Sep 22, 2018
Closed on
Nov 27, 2018
Sold by
Peters Ft
Bought by
Sweigart John G
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Frank Parks
Century 21 Home Team Realty
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%
Purchase Details
Closed on
Jan 2, 2001
Bought by
Peters Nancy (Trustee)
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sweigart John G | -- | -- | |
| Sweigart John G | $1,640,000 | -- | |
| Peters Nancy (Trustee) | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2018 11/27/18 | Sold | $1,640,000 | -3.2% | $838 / Sq Ft |
| 11/02/2018 11/02/18 | Pending | -- | -- | -- |
| 09/22/2018 09/22/18 | For Sale | $1,695,000 | -- | $866 / Sq Ft |
Source: Bright MLS
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 | $5,928 | $19,850 | $12,500 | $7,350 |
| 2024 | $2,255 | $19,850 | $12,500 | $7,350 |
| 2023 | $2,253 | $19,850 | $12,500 | $7,350 |
| 2022 | $2,174 | $19,850 | $12,500 | $7,350 |
| 2021 | $2,154 | $19,850 | $12,500 | $7,350 |
| 2020 | $2,148 | $19,850 | $12,500 | $7,350 |
| 2019 | $933 | $19,850 | $12,500 | $7,350 |
| 2018 | $872 | $19,850 | $0 | $0 |
| 2017 | $835 | $19,850 | $0 | $0 |
| 2016 | $793 | $19,850 | $0 | $0 |
| 2015 | $758 | $19,850 | $0 | $0 |
| 2014 | $752 | $19,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
-
Shaun Tull
Seller Co-Listing Agent in 2018
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
168 in this area
265 Total Sales
-
Frank Parks
Buyer's Agent in 2018
Frank Parks
Century 21 Home Team Realty
(302) 245-2922
1 in this area
49 Total Sales
Map
Source: Bright MLS
MLS Number: 1002499304
APN: 334-14.09-195.00
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