NOT LISTED FOR SALE

701 King Charles Ave Rehoboth Beach, DE 19971

Estimated Value: $2,015,582 - $2,924,000

5 Beds
3 Baths
2,700 Sq Ft
$917/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $1,400,000 $519 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $13,935/month

15 Days on Market

Highlights

  • Beach
  • Colonial Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Wood Burning Stove
  • 3-minute walk to Stockley Street Park

About This Home

As of February 2018

1 BLOCK FROM BOARDWALK AND OCEAN. This classic colonial features 5 bedrooms and 3 baths including a 1st floor bedroom. Lots of charm with Oak floors throughout the home--upstairs and down, there is a wood burning fireplace in the LR, Kitchen opens to the dining room plus there is a tucked away family room with large TV. A one car garage adds lots of storage space and there is a charming yard and patio. All this in South Rehoboth so close to the ocean and downtown attractions. Plus the home has a great rental history but has not been put on the market for this season yet.

Last Agent to Sell the Property

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542 Listed on: 12/11/2017

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Zoning described as TOWN CODES

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.06-37.00

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: 1 BLOCK FROM BOARDWALK AND OCEAN. This classic colonial features 5 bedrooms and 3 baths including a 1st floor bedroom. Lots of charm with Oak floors throughout the home--upstairs and down, there is a wood burning fireplace in the LR, Kitchen opens to the dining room plus there is a tucked away family room with large TV. A one car garage adds lots of storage space and there is a charming yard and patio. All this in South Rehoboth so close to the ocean and downtown attractions. Plus the home has a great rental history but has not been put on the market for this season yet.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Combination Kitchen/Dining, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Net Sq Ft: 2700.00
  • Price Per Sq Ft: 536.67
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stick Built, Aluminum Siding, Brick
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Type: Wood Burn Stove, Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 54500.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1787.00
  • Assessor Parcel Number: 334-20.06-37.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/23/2018

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Feb 23, 2018
Sold by
Silber Scott P and Drulis Albert A
Bought by
Little James G and Little Kathleen T
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,449,000
Sold Price
$1,400,000
Premium/Discount to List
-$49,000
-3.38%
Total Days on Market
15
Current Estimated Value
$2,475,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,075,861
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Oct 16, 2012
Closed on
Apr 4, 2013
Sold by
Silber Scott P and Drulis Albert A
Bought by
Goldstein Suzanne and Greenwald Dana
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$1,090,000
Sold Price
$1,040,000
Premium/Discount to List
-$50,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$500,000
Interest Rate
3.55%

Purchase Details

Listed on
Oct 16, 2012
Closed on
Mar 28, 2013
Sold by
Silber Scott P and Drulis Albert A
Bought by
Goldstein Suzanne and Greenwald Dana
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$1,090,000
Sold Price
$1,040,000
Premium/Discount to List
-$50,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.55%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Suzanne Suzanne
Bought by
Goldstein Suzanne and Greenwald Dana

Purchase Details

Closed on
Dec 23, 2011
Sold by
Suzanne Suzanne
Bought by
Goldstein Suzanne and Greenwald Dana
Source: Public Records

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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
Little James G $1,400,000 --
Goldstein Suzanne $1,040,000 --
Goldstein Suzanne $1,040,000 --
Goldstein Suzanne -- --
Goldstein Suzanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little James G $250,000
Previous Owner Goldstein Suzanne $500,000
Previous Owner Goldstein Suzanne $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $1,400,000 -3.4% $519 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
12/11/2017 12/11/17 For Sale $1,449,000 +39.3% $537 / Sq Ft
03/29/2013 03/29/13 Sold $1,040,000 -4.6% --
02/16/2013 02/16/13 Pending -- -- --
10/16/2012 10/16/12 For Sale $1,090,000 -- --
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
2024 $910 $28,600 $10,000 $18,600
2023 $908 $28,600 $10,000 $18,600
2022 $1,359 $28,600 $10,000 $18,600
2021 $1,347 $28,600 $10,000 $18,600
2020 $1,343 $28,600 $10,000 $18,600
2019 $1,345 $28,600 $10,000 $18,600
2018 $1,256 $28,600 $0 $0
2017 $1,203 $28,600 $0 $0
2016 $1,142 $28,600 $0 $0
2015 $1,092 $28,600 $0 $0
2014 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Mason

    Seller's Agent in 2018

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    85 in this area

    114 Total Sales

    Randy Mason
    Section Image
  • Shirley Kalvinsky

    Seller Co-Listing Agent in 2018

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    39 in this area

    79 Total Sales

    Shirley Kalvinsky
    Section Image
  • Bryce Lingo

    Buyer's Agent in 2018

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    203 in this area

    392 Total Sales

    Bryce Lingo
    Section Image
  • Cheryl Lynn Crowe

    Buyer Co-Listing Agent in 2018

    Cheryl Lynn Crowe

    Jack Lingo - Rehoboth

    (302) 745-9915

    14 in this area

    27 Total Sales

    Cheryl Lynn Crowe
    Section Image
  • Dave McCarthy

    Seller's Agent in 2013

    Dave McCarthy

    Dave McCarthy & Associates, Inc.

    (302) 650-0820

    31 in this area

    49 Total Sales

    Dave McCarthy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001035150

Bright MLS

APN: 334-20.06-37.00

Delaware Sussex County Rehoboth Beach 19971

701 King Charles Ave, Rehoboth Beach, DE

This home is located at 701 King Charles Ave, Rehoboth Beach, DE 19971 since 11 December 2017 and is currently estimated at $2,475,861, approximately $916 per square foot. This property was built in 1960. 701 King Charles Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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