Seller's Agent in 2018
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
96 in this area
279 Total Sales
701 S Boardwalk Rehoboth Beach, DE 19971
Estimated Value: $277,764 - $3,664,000
7
Beds
4
Baths
2,100
Sq Ft
$1,188/Sq Ft
Est. Value
Highlights
- Ocean View
- Beach
- Water Access
- Rehoboth Elementary School Rated A
- Home fronts navigable water
- Coastal Architecture
About This Home
As of October 2018Discover this charming beach cottage located on the Atlantic Ocean in Rehoboth Beach! Rare opportunity to own this spacious coastal home located directly on the ocean with seven bedrooms and four bathrooms. Three levels of decks overlook the ocean and are a great place to relax and enjoy ocean breezes and the sound of the waves! Original hardwood flooring, open floor plan for entertaining and plenty of private parking. Home was renovated in 1994 and has affordable flood policy. Large front yard for entertaining under the sun and stars. This is the coastal living that you have always imagined and have been waiting for. Explore premier beaches, fine dining, shopping and biking trails. Great rental history. This is a exclusive opportunity to live at the beach on the boardwalk and ocean!
Last Agent to Sell the Property
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 08/12/2017
Co-Listed By
(302) 545-8863 amy.pietlock@oasothebysrealty.com Monument Sotheby's International Realty
Last Buyer's Agent
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 08/12/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,998
Year Built
- Built in 1970
Lot Details
- 9,784 Sq Ft Lot
- Home fronts navigable water
- Landscaped
- Property is zoned GENERAL, GENERAL RESIDENTIAL
Home Design
- Coastal Architecture
- Cottage
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 2,100 Sq Ft Home
- Property has 3 Levels
- Furnished
- Ceiling Fan
- Window Treatments
- Window Screens
- Great Room
- Dining Room
- Ocean Views
- Attic
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Electric Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near an ocean
- Balcony
- Deck
- Screened Patio
- Porch
Location
- Flood Risk
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Air
- Cooling System Utilizes Bottled Gas
- Heat Pump System
- 150 Amp Service
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-20.06-25.00
Community Details
Overview
- No Home Owners Association
- South Rehoboth Subdivision
Recreation
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2017
Closed on
Oct 18, 2018
Sold by
Capano Joanne M
Bought by
Brightonoceanlodge Llc
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$3,200,000
Sold Price
$2,500,000
Premium/Discount to List
-$700,000
-21.88%
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
-$4,412
Avg. Annual Appreciation
-1.27%
Purchase Details
Closed on
Nov 12, 1993
Bought by
Capano Joseph M Joanne M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brightonoceanlodge Llc | $2,500,000 | -- | |
| Capano Joseph M Joanne M | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2018 10/18/18 | Sold | $2,500,000 | -13.8% | $1,190 / Sq Ft |
| 08/14/2018 08/14/18 | Pending | -- | -- | -- |
| 06/09/2018 06/09/18 | Price Changed | $2,900,000 | -9.4% | $1,381 / Sq Ft |
| 08/12/2017 08/12/17 | For Sale | $3,200,000 | -- | $1,524 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,381 | $36,300 | $28,100 | $8,200 |
| 2024 | $1,789 | $36,300 | $28,100 | $8,200 |
| 2023 | $1,788 | $36,300 | $28,100 | $8,200 |
| 2022 | $1,725 | $36,300 | $28,100 | $8,200 |
| 2021 | $1,709 | $36,300 | $28,100 | $8,200 |
| 2020 | $1,704 | $36,300 | $28,100 | $8,200 |
| 2019 | $1,707 | $36,300 | $28,100 | $8,200 |
| 2018 | $1,594 | $36,300 | $0 | $0 |
| 2017 | $1,527 | $36,300 | $0 | $0 |
| 2016 | $1,450 | $36,300 | $0 | $0 |
| 2015 | $1,386 | $36,300 | $0 | $0 |
| 2014 | $1,375 | $36,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hamer
-
Amy Pietlock
Seller Co-Listing Agent in 2018
Amy Pietlock
OCEAN ATLANTIC SOTHEBYS
(302) 545-8863
27 in this area
67 Total Sales
Map
Source: Bright MLS
MLS Number: 1001567932
APN: 334-20.06-25.00
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