NOT LISTED FOR SALE

78 Columbia Ave Rehoboth Beach, DE 19971

Estimated Value: $564,245 - $4,495,000

3 Beds
2 Baths
1,500 Sq Ft
$1,856/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,000,000 $667 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $15,212/month

Highlights

  • Scenic Views
  • Property is near a park
  • Partially Wooded Lot
  • Rehoboth Elementary School Rated A
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of September 2020

Location Location Location! Adjacent to 7 acre +/- City of Rehoboth Park on oversized lot! Being sold "AS IS" most likely a tear down by todays standards.

Last Agent to Sell the Property

Richard Bryan

(302) 645-4800 richardleebryan@gmail.com Delaware Coastal Realty License #RB-0020623 Listed on: 03/24/2020

Last Buyer's Agent

Joe Reed

(302) 430-4060 joe@reedventures.net Cape Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 91 x 20 x 155 x 175
  • North Facing Home
  • Irregular Lot
  • Partially Wooded Lot
  • Property is zoned TN 1270

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Brick Fireplace
  • Partial Basement

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Wrap Around Porch

Location

  • Property is near a park

Utilities

  • 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

  • Tax Lot 54
  • Assessor Parcel Number 334-14.13-153.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Location Location Location! Adjacent to 7 acre +/- City of Rehoboth Park on oversized lot! Being sold "AS IS" most likely a tear down by todays standards.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Water Heater, Dishwasher
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Galley, Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 833.33
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Park/Greenbelt, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 8050.00
  • Land Assessed Value: 20700.00
  • Land Use Code: RS
  • Lot Features: Backs - Parkland, Irregular, Partly Wooded
  • Lot Size Acres: 0.17
  • Lot Dimensions: 91 x 20 x 155 x 175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Porch(es), Screened, Wrap Around
  • Year Assessed: 2020
  • Zoning: TN 1270
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5195484
  • School Tax: 1222.00
  • Tax Annual Amount: 2031.00
  • Assessor Parcel Number: 334-14.13-153.00
  • Tax Lot: 54
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Biordi Erica and Biordi Michael J
Bought by
Michael And Pamela Biordi Irrevocable Trust and Knudsen
Current Estimated Value
$2,784,415

Purchase Details

Closed on
Mar 2, 2021
Sold by
Biordi Michael J
Bought by
Biordi Michael J and Biordi Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 25, 2021
Sold by
Biordi Pamela
Bought by
Biordi Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 9, 2020
Sold by
Cape Venture Llc
Bought by
Biordi Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 24, 2020
Closed on
Sep 30, 2020
Sold by
Allen H Seeger Ret
Bought by
Cape Ventures Llc
Seller's Agent
Richard Bryan
Delaware Coastal Realty
Buyer's Agent
Joe Reed
Cape Realty
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.83%
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 Buyer Sale Price Title Company
Michael And Pamela Biordi Irrevocable Trust -- None Listed On Document
Michael And Pamela Biordi Irrevocable Trust -- None Listed On Document
Biordi Michael J -- None Available
Biordi Michael J -- None Available
Biordi Pamela $1,260,000 None Available
Cape Ventures Llc $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biordi Michael J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,000,000 -20.0% $667 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,250,000 0.0% $833 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $1,250,000 -3.8% $833 / Sq Ft
03/24/2020 03/24/20 For Sale $1,300,000 -- $867 / Sq Ft
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 $5,393 $28,750 $20,700 $8,050
2024 $2,901 $28,750 $20,700 $8,050
2023 $2,898 $28,750 $20,700 $8,050
2022 $2,797 $28,750 $20,700 $8,050
2021 $1,354 $28,750 $20,700 $8,050
2020 $1,323 $28,750 $20,700 $8,050
2019 $1,352 $28,750 $20,700 $8,050
2018 $1,263 $28,750 $0 $0
2017 $1,209 $28,750 $0 $0
2016 $1,148 $28,750 $0 $0
2015 $1,097 $28,750 $0 $0
2014 $1,089 $28,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Bryan

    Seller's Agent in 2020

    Richard Bryan

    Delaware Coastal Realty

    (302) 645-4800

    4 in this area

    50 Total Sales

    Richard Bryan
    Section Image
  • Joe Reed

    Buyer's Agent in 2020

    Joe Reed

    Cape Realty

    (302) 430-4060

    9 in this area

    20 Total Sales

    Joe Reed
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU158710

Bright MLS

APN: 334-14.13-153.00

Delaware Sussex County Rehoboth Beach 19971

78 Columbia Ave, Rehoboth Beach, DE

This home is located at 78 Columbia Ave, Rehoboth Beach, DE 19971 since 24 March 2020 and is currently estimated at $2,784,415, approximately $1,856 per square foot. This property was built in 1930. 78 Columbia 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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