NOT LISTED FOR SALE

9 Delaware Ave Rehoboth Beach, DE 19971

Estimated Value: $2,803,000 - $4,063,000

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

Last Sold June 30, 2014

Last sale price $1,100,000

Est. 224% increase in value since last sale

Current estimated payment $18,937/month

23 Days on Market

Highlights

  • Beach
  • Second Kitchen
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of June 2014

Best ocean block price!Ocean Block Beach House w/Attached Apartment!Relaxed living at 9 Delaware!Spacious,furnished & sparkling clean,you'll love this traditionally charming home:fr wrap around screened porch, private back apartment,& yard w/outdoor shower!Currently 2 rental licenses.

Last Agent to Sell the Property

DERRICK LINGO

derrick@jacklingo.cominactive Jack Lingo - Rehoboth Listed on: 05/04/2014

Last Buyer's Agent

Lucius Webb

(302) 258-4590 luciusrwebb@yahoo.com Jack Lingo - Rehoboth License #RS-0017469

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot

Home Design

  • Contemporary Architecture
  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Wrap Around Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.18-54.00

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, 2nd Kitchen, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Kitchen, Family Room, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s), Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 460.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.01
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened, Wrap Around
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 45500.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1298.00
  • Assessor Parcel Number: 334-14.18-54.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2014
Closed on
Jun 29, 2014
Sold by
Harvey G Harvey G and Grofff Judith A
Bought by
Waddell A Christopher and Waddell Theresa C
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$1,249,900
Sold Price
$1,100,000
Premium/Discount to List
-$149,900
-11.99%
Current Estimated Value
$3,567,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,467,025
Avg. Annual Appreciation
10.71%
Original Mortgage
$700,000
Outstanding Balance
$532,390
Interest Rate
4.12%
Mortgage Type
Unknown
Estimated Equity
$3,034,635
Source: Public Records
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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
Waddell A Christopher $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell A Christopher $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $1,100,000 -12.0% --
05/27/2014 05/27/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $1,249,900 -- --
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 $5,638 $50,850 $12,500 $38,350
2024 $2,506 $50,850 $12,500 $38,350
2023 $2,504 $50,850 $12,500 $38,350
2022 $2,417 $50,850 $12,500 $38,350
2021 $2,395 $50,850 $12,500 $38,350
2020 $2,387 $50,850 $12,500 $38,350
2019 $2,391 $50,850 $12,500 $38,350
2018 $2,233 $50,850 $0 $0
2017 $2,138 $50,850 $0 $0
2016 $2,031 $50,850 $0 $0
2015 $1,941 $50,850 $0 $0
2014 $1,093 $28,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DERRICK LINGO

    Jack Lingo - Rehoboth

  • Lucius Webb

    Buyer's Agent in 2014

    Lucius Webb

    Jack Lingo - Rehoboth

    (302) 258-4590

    25 in this area

    85 Total Sales

    Lucius Webb
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000982150

Bright MLS

APN: 334-14.18-54.00

Delaware Sussex County Rehoboth Beach 19971

9 Delaware Ave, Rehoboth Beach, DE

Not Listed for Sale

Detached

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