NOT LISTED FOR SALE

Estimated Value: $428,000 - $1,825,000

2 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 07, 2014

Last sale price $548,125

Est. 118% increase in value since last sale

Current estimated payment $6,528/month

Highlights

  • Deck
  • Saltbox Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of November 2014

Charming two story furnished Bungalow/Cape Cod with potential to expand, offering a great in-town Rehoboth Beach address. Featuring H/W floors, large fenced yard, spacious Master BR, exterior shower and just minutes from the beach and all attractions. Excellent rental history. A Must See!

Last Agent to Sell the Property

LINDA BOOK

(302) 227-5000 lbook@cbanker.com Coldwell Banker Resort Realty - Rehoboth Listed on: 10/02/2014

Coldwell Banker Resort Realty - Rehoboth

Co-Listed By

Irene Tillman

(302) 236-4405 itillman@cbanker.com Coldwell Banker Premier - Rehoboth License #RS-0012379

Last Buyer's Agent

Melinda Ingram

(302) 462-6581 mibeachrealtor@yahoo.com Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $464

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 101
  • Partially Fenced Property
  • Landscaped
  • Cleared Lot

Home Design

  • Saltbox Architecture
  • Cottage
  • Block Foundation
  • Asbestos Shingle Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Great Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Crawl Space
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-189.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$464

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Remarks Public: Charming two story furnished Bungalow/Cape Cod with potential to expand, offering a great in-town Rehoboth Beach address. Featuring H/W floors, large fenced yard, spacious Master BR, exterior shower and just minutes from the beach and all attractions. Excellent rental history. A Must See!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven/Range - Gas, Oven - Self Cleaning, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Screens, Storm
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stick Built, Asbestos
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 230.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50 x 101
  • Lot Size Units: Acres
  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 18000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5194656
  • Tax Annual Amount: 464.00
  • Assessor Parcel Number: 334-13.20-189.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/07/2014

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
Oct 2, 2014
Closed on
Nov 7, 2014
Sold by
David W David W and Weber Diana G
Bought by
Grace Michael James
Seller's Agent
LINDA BOOK
Coldwell Banker Resort Realty - Rehoboth
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$548,125
Sold Price
$548,125
Current Estimated Value
$1,193,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,942
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Anthony R Anthony R
Bought by
Weber David W and Weber Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$271,746
Interest Rate
4%
Estimated Equity
$921,321

Purchase Details

Closed on
Dec 29, 2011
Sold by
Anthony R Anthony R
Bought by
Weber David W and Weber Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$271,746
Interest Rate
4%
Estimated Equity
$921,321
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
Grace Michael James $548,125 --
Weber David W $495,000 --
Weber David W $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber David W $396,000
Closed Weber David W $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $548,125 0.0% --
10/14/2014 10/14/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $548,125 -- --
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 $2,424 $7,300 $3,750 $3,550
2024 $360 $7,300 $3,750 $3,550
2023 $360 $7,300 $3,750 $3,550
2022 $347 $7,300 $3,750 $3,550
2021 $344 $7,300 $3,750 $3,550
2020 $343 $7,300 $3,750 $3,550
2019 $343 $7,300 $3,750 $3,550
2018 $321 $7,300 $0 $0
2017 $307 $7,300 $0 $0
2016 $292 $7,300 $0 $0
2015 $279 $7,300 $0 $0
2014 $277 $7,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000986096

Bright MLS

APN: 334-13.20-189.00