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5 Colgate Dr, Rehoboth Beach, DE, 19971

$489,900

Home List Price

$5,818*

Closing Credit

3 Bedrooms
2 Full Baths
1,232 SqFt
$398/SqFt
House

Location

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5 Colgate Dr, Rehoboth Beach$489,900

Buyer Closing Credits

$5,818*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Asphalt Driveway, Attached Garage, Driveway
Garage1 space
Year Built1994
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #DESU2071582
Lot Size0.23 Acres
StatusActive
(ACTIVE)

About 5 Colgate Dr

First-floor living in Rehoboth Beach! 5 Colgate Drive is a completely renovated 3 bedroom, 2 bath ranch-style home in the popular community of Maplewood. In preparation for its new owners, the entire home has been tastefully updated with luxury vinyl plank flooring, new interior lighting fixtures, and neutral paint throughout. The kitchen features brand-new granite countertops and leads to an enclosed four-season room. Relax in the sunlight that streams through the large windows or take your coffee to the spacious back deck to enjoy your large backyard with all-new landscaping. The front of the house also features all-new landscaping and a spacious front porch. The oversized driveway and garage have plenty of space for parking or storage. You’ll love the Epoxy coating that has been recently applied to the garage floor! The community features amenities such as a pool, clubhouse, and common grounds – all for your enjoyment! Located not far from Route 1, this home is conveniently located minutes away from all Route 1 attractions, high-quality dining and shopping, the Gordon Pond Wildlife Area, and Downtown Rehoboth Beach. Situated in the sought-after Cape Henlopen School District, this home would make the perfect full-time residence or a fun summer getaway! Don’t miss out on this charming gem. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1994
  • Stories: 1
  • Living Area: 1,232 SqFt

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: CARRIE LINGO

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: Yes
  • Interior: Bathroom - Tub Shower, Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Pantry, Primary Bath(s), Upgraded Countertops

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Asphalt Driveway, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Rt 24 >Bryn Mawr Drive > L on Colgate

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,900
  • Price Per SqFt: $398/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $241
  • Tax Year: 2021
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Housing Market Comparison

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

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Rehoboth Beach, DE

City

Med. Sold Price

$744K

Med. Price/SqFt

$356

Avg. Days On Market

23

# of Sold Homes

29

5 Colgate Dr vs Rehoboth Beach

47 DAYS ON ROCKET

+24 Days

$489,900

-$254.1K Less

$398/SqFt

+$41 More

KEY TAKEAWAY

This property is $254.1K less than the Median Sold Price and $41/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: #DESU2071582

Listing Office:

  • Office Name: Jack Lingo - Lewes
  • Office Phone: (302) 645-2207
  • Listing Agent: CARRIE LINGO

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: 11/21/2024, 8:20:53 AM 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$241$21,350
2020 - $21,350
2018$226$21,350
2017$218$21,350

History based on county public records data.

Payment Calculator

$2,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,535

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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-236516
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-236517
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 2.70 miles

  • Public District Grades KG-5

school-card-donut-236518
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 3.05 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,567. Typical income of Rehoboth Beach, DE residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Rehoboth Beach, DE?

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.

Is it easy to get around Rehoboth Beach, DE without a car?

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.

Transportation in Rehoboth Beach, DE.

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.

Frequently Asked Questions About 5 Colgate Dr

What is the listing price of this property?

The listing price of 5 Colgate Dr property is $489,900.

What type of property is this?

The property 5 Colgate Dr is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 5 Colgate Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $241 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Colgate Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5 Colgate Dr is 1,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Colgate Dr is 1994.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›5 Colgate Dr

This home is located at 5 Colgate Dr in Rehoboth Beach, DE and zip code 19971. This 1,232 square foot home, which was built in 1994, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $489,900.

In October 2024 more than 10 listings in Rehoboth Beach, DE were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 12 were sold below. Between September 2024 and October 2024, Rehoboth Beach, DE real estate market has seen increase in the number of listings by 11.7%. Listings spent 23 days on the market in October 2024, and had a median list price of $744,000 during the same period.

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

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