NOT LISTED FOR SALE

Rehoboth Beach, DE 19971

Estimated Value: $458,000 - $526,000

-- Bed
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $150,000

Est. 231% increase in value since last sale

Current estimated payment $2,690/month

Highlights

  • Attic
  • No HOA
  • Baseboard Heating
  • Rehoboth Elementary School Rated A
  • Ceiling Fan
  • Carpet

About This Home

As of August 2014

Handy Man Special! Two Rental Units. Both Units have 2 Bedrooms & 1 Bath. Two Stories, One Rental Unit Above the Other. New Roof in 2008. Great Location. Close to Shopping & Rehoboth Beaches. All Concrete Building. Being SOLD AS-IS. Non-Conforming Use.

Last Agent to Sell the Property

Jeffrey Fowler-Gray

(302) 249-6133 jeffrey@jeffreyfowler.com Keller Williams Realty License #RS-0015216 Listed on: 03/15/2014

Keller Williams Realty

Last Buyer's Agent

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036

Monument Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $599

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 77 x 112
  • Cleared Lot

Parking

  • Stone Driveway

Home Design

  • Duplex
  • Block Foundation
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • Ceiling Fan
  • Electric Oven or Range
  • Attic

Flooring

  • Carpet
  • Vinyl

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Truitts Midway Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-12.00-145.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$599

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Remarks Public: Handy Man Special! Two Rental Units. Both Units have 2 Bedrooms & 1 Bath. Two Stories, One Rental Unit Above the Other. New Roof in 2008. Great Location. Close to Shopping & Rehoboth Beaches. All Concrete Building. Being SOLD AS-IS. Non-Conforming Use.
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Block
  • Level Count: 2
  • Basement: No
  • Street Number Modifier: 102

Exterior Features

  • Construction Materials: Masonry, Concrete
  • Construction Completed: Yes
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Dimensions: 77 x 112
  • Lot Size Units: Acres

Rental Info

  • Total Actual Rent: 12000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5189924
  • Assessor Parcel Number: 334-12.00-145.01
  • County Tax Payment Frequency: Annually
  • Close Date: 08/08/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Saunders Michael L and Jackman Lori A
Bought by
Baude Christopher T
Current Estimated Value
$495,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,947
Outstanding Balance
$354,923
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$140,928

Purchase Details

Listed on
Mar 15, 2014
Closed on
Aug 20, 2014
Sold by
George N George N
Bought by
Lane Saunders Michael and Jackman Lori Ann
Seller's Agent
Jeffrey Fowler-Gray
Keller Williams Realty
Buyer's Agent
Andy Staton
Monument Sotheby's International Realty
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$112,500
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Baude Christopher T $389,000 None Available
Lane Saunders Michael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baude Christopher T $397,947
Previous Owner Lane Saunders Michael $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $150,000 0.0% --
06/28/2014 06/28/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $150,000 -- --
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 $599 $12,600 $2,250 $10,350
2024 $621 $12,600 $2,250 $10,350
2023 $621 $12,600 $2,250 $10,350
2022 $599 $12,600 $2,250 $10,350
2021 $593 $12,600 $2,250 $10,350
2020 $592 $12,600 $2,250 $10,350
2019 $592 $12,600 $2,250 $10,350
2018 $553 $12,600 $0 $0
2017 $530 $12,600 $0 $0
2016 $403 $10,100 $0 $0
2015 $378 $9,900 $0 $0
2014 $375 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Fowler-Gray

    Seller's Agent in 2014

    Jeffrey Fowler-Gray

    Keller Williams Realty

    (302) 249-6133

    5 in this area

    48 Total Sales

    Jeffrey Fowler-Gray
    Section Image
  • Andy Staton

    Buyer's Agent in 2014

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    69 in this area

    229 Total Sales

    Andy Staton
    Section Image
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Source: Bright MLS

MLS Number: 1000980632

Bright MLS

APN: 334-12.00-145.01

Delaware Sussex County Rehoboth Beach

19971

This home since 15 March 2014 and is currently estimated at $495,851. This home 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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