$1,040,000
SOLD MAR 29, 2013

701 King Charles Ave Rehoboth Beach, DE 19971

5 Beds
3 Baths
-- Sq Ft
5,000 Sq Ft Lot

Recently Sold

5% Below List Price

123 Days on Market

Highlights

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

About This Home

As of February 2018

1 block to ocean and boardwalk! Just short walk to town. This 5 bedroom, 3 bath property would be a perfect home or great investment property. Hardwood floors and living area with a woodburning fireplace, tile baths, large kitchen and dining room w/breakfast bar. This home is a must see!

Last Agent to Sell the Property

Dave McCarthy

Dave McCarthy & Associates, Inc. Listed on: 10/16/2012

Last Buyer's Agent

Shirley Kalvinsky

Jack Lingo - Rehoboth License #RA0001681

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Landscaped
  • Corner Lot
  • Partially Wooded Lot

Home Design

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

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.06-37.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

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
  • Remarks Public: 1 block to ocean and boardwalk! Just short walk to town. This 5 bedroom, 3 bath property would be a perfect home or great investment property. Hardwood floors and living area with a woodburning fireplace, tile baths, large kitchen and dining room w/breakfast bar. This home is a must see!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven - Wall, Range Hood, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 701

Beds/Baths

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

Exterior Features

  • Construction Materials: Masonry, Stick Built, Brick, Aluminum Siding
  • Construction Completed: Yes
  • Exterior Features: 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
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.01
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 46000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5202825
  • Assessor Parcel Number: 334-20.06-37.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/29/2013

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%
Current Estimated Value
$2,493,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,545
Avg. Annual Appreciation
7.84%

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 Type Sale Price Title Company
Quit Claim Deed $1,400,000 --
Deed $1,040,000 --
Deed $1,040,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $500,000 No Value Available
Previous Owner $500,000 No Value Available
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

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Map

Source: Bright MLS

MLS Number: 1000969456

Bright MLS

APN: 334-20.06-37.00