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37419 5th St, Rehoboth Beach, DE, 19971

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
1,750 SqFt
$471/SqFt
Multi

Location

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37419 5th St, Rehoboth Beach$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, On Street
Year Built1959
HeatingCentral
CoolingCentral Air, Wall Unit(s)
MLS #DESU2072208
Lot Size0.18 Acres
StatusActive
(ACTIVE)

About 37419 5th St

Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1959
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: NextHome Tomorrow Realty
  • Office Phone: (302) 601-4171
  • Listing Agent: ALLEN JARMON

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Interior: 2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island, Bathroom - Stall Shower, Window Treatments, Wood Floors

Exterior Features

Exterior Information:

  • Exterior: Awning(s), Outside Shower

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall Unit(s)

Other

Directions Information:

  • Directions: Enter Bay Vista, left on 5th St, next to the last home on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $471/SqFt

Tax Information:

  • Annual Amount: $631
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rehoboth Beach, DE.

Med. Sold Price

$744K

Med. Price/SqFt

$356

Avg. Days On Market

23

# of Sold Homes

29

37419 5th St vs Rehoboth Beach

40 DAYS ON ROCKET

+17 Days

$825,000

+$81K More

$471/SqFt

+$114 More

KEY TAKEAWAY

This property is $81K more than the Median Sold Price and $114/SqFt more than other homes in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2072208

Listing Office:

  • Office Name: NextHome Tomorrow Realty
  • Office Phone: (302) 601-4171
  • Listing Agent: ALLEN JARMON

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$631$13,400
2020 - $13,400
2018$588$13,400
2017$564$13,400

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-853274
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-853275
9
/10
  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 3.22 miles

  • Public District Grades KG-5

school-card-donut-853276
8
/10
  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 5.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,061. Typical income of Rehoboth Beach, DE residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Rehoboth Beach, DE

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rehoboth Beach, DE?

Rehoboth Beach offers a diverse array of housing options, with a significant portion of the market comprised of single-family homes that feature a mix of contemporary, beach cottage, and colonial architectural styles. Condominiums and townhouses are also prevalent, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a steady growth in housing developments, particularly with waterfront and beach-adjacent properties being highly sought after.

Is Rehoboth Beach, DE a good place to live?

Rehoboth Beach is celebrated for its vibrant coastal charm and friendly community atmosphere. The town prides itself on its beautiful beaches, boardwalk, and a variety of shops and eateries that contribute to its character as a beloved summer destination. Annual events like the Rehoboth Beach Independent Film Festival and the Sea Witch Festival reflect the town's cultural identity and draw visitors from across the region.

Are things conveniently located in Rehoboth Beach, DE?

The community is served by a number of public schools, offering educational opportunities for children of all ages. Healthcare is accessible through local clinics and the nearby Beebe Healthcare, which provides comprehensive medical services. The Rehoboth Beach Public Library serves as a cultural hub, and the town's array of boutique shops and restaurants cater to both local and seasonal populations, reflecting the area's culinary diversity and artistic flair.

What does the transportation in Rehoboth Beach, DE look like?

Transportation in Rehoboth Beach includes a mix of private and public options, with local buses serving the area and connecting residents to nearby towns. The town is known for its walkable downtown area, making it easy for residents and visitors to navigate the main attractions on foot. For those commuting by car, Coastal Highway provides a direct route to neighboring cities and attractions. The area is also bike-friendly, with several paths and trails available for cycling enthusiasts.

Rocket HomesDelawareSussex CountyRehoboth Beach1997137419 5th St

This home is located at 37419 5th St in Rehoboth Beach, DE and zip code 19971. This 1,750 square foot home, which was built in 1959, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $825,000.

Rehoboth Beach, DE housing market in October 2024 saw over 10 listings sold above listed price, more than 7 sold at listed price and over 12 sold below. The number of homes for sale in Rehoboth Beach, DE increased by 11.7% between September 2024 and October 2024. In October 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $744,000.

From Rocket Homes Real Estate and based on county public records data.

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