$1,600,000
SOLD MAR 7, 2025

9 Read Ave Unit 13 Dewey Beach, DE 19971

4 Beds
3 Baths
2,033 Sq Ft
$458/mo HOA Fee

Recently Sold

$787 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Ocean View
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 5-minute walk to John Waples Memorial Playground

About This Home

As of March 2025

Discover the ultimate beach retreat in the heart of Dewey Beach! This 4-bedroom, 3-bathroom townhome offers an unbeatable ocean block location and breathtaking ocean views from multiple rooms and expansive sun decks. The ground level welcomes you with a spacious foyer, designed with ample storage for all your beach essentials, and a convenient laundry room perfect for rinsing off sandy swimsuits and towels. Ascend to the main living level, where coastal charm meets functionality. This floor boasts a full bath, a generously sized guest bedroom, and inviting living spaces. The family room, complete with a wet bar and cozy wood-burning fireplace, seamlessly connects to the dining area and a well-appointed kitchen. Step out onto the large sun deck to enjoy meals al fresco while the soothing sound of waves sets the perfect backdrop. The third level offers three additional bedrooms, each bathed in natural light with soaring ceilings that enhance the sense of space. The primary suite is a private sanctuary, featuring an en-suite bath, a wood-burning fireplace, a cozy sitting area, and a private balcony showcasing more stunning ocean views. Being sold fully furnished and turn-key, this home is ready for you to move in and start enjoying the coastal lifestyle. Whether you're seeking a private getaway or an investment opportunity, this exceptional property offers it all. Don't miss your chance to own a piece of Dewey Beach paradise!

Last Agent to Sell the Property

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284 Listed on: 01/22/2025

Jack Lingo - Rehoboth

Co-Listed By

Amanda Ryan

Jack Lingo - Rehoboth License #RS-0019497

Last Buyer's Agent

Paul Dicicco

Compass License #5010266

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1986

Lot Details

  • Building is oceanfront but unit may not have water views
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 2,033 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Furnished
  • Curved or Spiral Staircase
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Dining Room
  • Ocean Views
  • Crawl Space

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Parking Spaces
  • 2 Assigned Parking Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.18-198.00-13

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include insurance, trash, exterior building maintenance
  • Bluff House Condo Association Condos
  • Bluff House Community

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,583

Year Built

Built in 1986

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Exclusions: Staging items which include decor, some bedding, some pillows and select lamps.
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Assigned Parking Space Numbers: 13
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Discover the ultimate beach retreat in the heart of Dewey Beach! This 4-bedroom, 3-bathroom townhome offers an unbeatable ocean block location and breathtaking ocean views from multiple rooms and expansive sun decks. The ground level welcomes you with a spacious foyer, designed with ample storage for all your beach essentials, and a convenient laundry room perfect for rinsing off sandy swimsuits and towels. Ascend to the main living level, where coastal charm meets functionality. This floor boasts a full bath, a generously sized guest bedroom, and inviting living spaces. The family room, complete with a wet bar and cozy wood-burning fireplace, seamlessly connects to the dining area and a well-appointed kitchen. Step out onto the large sun deck to enjoy meals al fresco while the soothing sound of waves sets the perfect backdrop. The third level offers three additional bedrooms, each bathed in natural light with soaring ceilings that enhance the sense of space. The primary suite is a private sanctuary, featuring an en-suite bath, a wood-burning fireplace, a cozy sitting area, and a private balcony showcasing more stunning ocean views. Being sold fully furnished and turn-key, this home is ready for you to move in and start enjoying the coastal lifestyle. Whether you're seeking a private getaway or an investment opportunity, this exceptional property offers it all. Don't miss your chance to own a piece of Dewey Beach paradise!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Washer, Exhaust Fan, Central Vacuum, Washer/Dryer Stacked
  • Flooring Type: Carpet, Luxury Vinyl Plank, Vinyl
  • Interior Amenities: Ceiling Fan(s), Bathroom - Tub Shower, Bathroom - Stall Shower, Carpet, Combination Dining/Living, Combination Kitchen/Dining, Curved Staircase, Dining Area, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Galley, Pantry, Recessed Lighting, Window Treatments
  • Window Features: Storm, Screens, Casement, Sliding
  • Fireplace Features: Screen, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm, Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2033
  • Living Area Sq Ft: 2033
  • Price Per Sq Ft: 811.61
  • Above Grade Finished Sq Ft: 2033
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit, Stick Built
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Multiple Phone Lines, Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5500.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Bluff House Condo Association
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Insurance, Trash, Ext Bldg Maint
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 45000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 1905.66
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2583.33
  • Assessor Parcel Number: 334-20.18-198.00-13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/07/2025

Multi Family

  • Federal Flood Zone: AO

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2018
Sold by
Ashby Robert E and Ashby Sandra K
Bought by
Rea Property Llc
Current Estimated Value
$843,000

Purchase Details

Closed on
Jun 16, 2017
Sold by
Eml Management Llc
Bought by
Levitt Eric M and Levitt Jill E

Purchase Details

Closed on
Nov 18, 2016
Sold by
Solloway Christine L and Trotto Joseph
Bought by
Mccauley Gregory M and Mccauley Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 8, 2015
Sold by
Estate Of William H Lauer
Bought by
Hammond Julian and Hammond Lauren

Purchase Details

Closed on
Sep 11, 2015
Sold by
Jacoby Karen S
Bought by
The Karen S Jacoby Revocable Trust

Purchase Details

Closed on
Aug 26, 2015
Sold by
Mullen Thomas R
Bought by
Thomas R Mullen Rev Trust

Purchase Details

Closed on
Jan 31, 1984
Bought by
Mullen Thomas R
Source: Public Records

Range of Values:

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List 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 Type Sale Price Title Company
Quit Claim Deed -- --
Deed -- None Available
Deed $640,000 None Available
Deed $687,500 None Available
Deed -- None Available
Deed -- None Available
Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $512,000 Future Advance Clause Open End Mortgage
Previous Owner $303,000 Second Mortgage Made To Cover Down Payment
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $1,600,000 -3.0% $787 / Sq Ft
01/22/2025 01/22/25 For Sale $1,650,000 -- $812 / 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
2024 $319 $0 $0 $0
2023 $319 $0 $0 $0
2022 $319 $0 $0 $0
2021 $319 $0 $0 $0
2020 $318 $0 $0 $0
2019 $296 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2076798

Bright MLS

APN: 334-20.18-198.00