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$2,745,000   Price Analysis
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20362 State Rd
Rehoboth Beach, DE 19971
2 bed 1 bath 1,300 SqFt ($2111/SqFt)
0.5 acre lot. Built 1958
Listed 2024-01-13, Taxes $1,765
May be USDA loan restricted due to income limits
near Rehoboth Beach

BEING OFFERED

A tremendous opportunity to purchase 2 parcels that are being sold as one that are Zoned C-1. The property includes a 2-bedroom 1-bathroom home with a full basement and an attic that is being sold AS-IS. It also includes an auto dealership at a Prime Commercial location on the east side of Coastal Highway in Rehoboth Beach, but not in the City Limits.

Real Estate Only. The dealership fe atures a large corner parking lot, a showroom, an office, a garage with an auto lift, an air compressor and much more. These properties re perfect for re-development or you can use it as it is. 20575 Coastal Hwy is the address of the adjacent property with the dealership located on it. Call for an appointment today!


Presented by Bill Cullin at
LONG & FOSTER-REHOBOTH.
Listing Agent Photo

Property MLS #DESU2054300 from BrightMLS

Bedrooms: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Bathroom 1 Level: Main

Attic
Floor Plan - Traditional
Kitchen - Galley
Basement

Oven/Range - Electric

Cooling Features: Window Unit(s)
Heating Features: Baseboard - Electric
Heating: Yes

Dining Room Level: Main
Kitchen Level: Main

Florida Room Level: Main
Living Room Level: Main

Lot Size Acres: 0.5
Lot Size Square Feet: 21780

Garage Spaces: 1
Garage Features: Garage - Front Entry
Parking Features: Crushed Stone, Paved Parking, Detached Garage Spaces: 1, Driveway Spaces: 50, Detached Garage
Parking Total: 51

Association: No
Calculated Total Monthly Association Fees: 0

School District: CAPE HENLOPEN

Rehoboth Elementary School is a public elementary school located approximately 0.1 miles away.
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Cape Henlopen High School is a public high school located approximately 4.7 miles away.
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Mariner Middle School is a public middle school located approximately 12.6 miles away.
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Annual Tax Amount: 1500.0
Source Listing Status: Active
County: SUSSEX
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: SUSSEX
Source Neighborhood: REHOBOTH BEACH
Postal Code Plus 4: 1866
Subdivision: REHOBOTH BEACH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$8,500 + $21,950
$30,450
$1,765
2021$8,500 + $21,950
$30,450
$1,752
2020$8,500 + $21,950
$30,450
$1,747
2019$8,500 + $21,950
$30,450
$1,727
2018$8,500 + $21,950
$30,450
$1,337
2017$8,500 + $21,950
$30,450
$1,280
2016$8,500 + $21,950
$30,450
$1,287
2015$8,500 + $21,950
$30,450
$1,233
2013$8,500 + $21,950
$30,450
$1,192
2012$unknown + $unknown
$30,450
$1,187
2011$unknown + $unknown
$30,450
$1,077

Price Changed 2024-06-23
$2,745,000
BrightMLS
Price Changed 2024-06-01
$2,795,000
BrightMLS
Price Changed 2024-05-13
$2,850,000
BrightMLS
Price Changed 2024-03-26
$2,950,000
BrightMLS
Price Changed 2024-03-17
$3,000,000
BrightMLS
Listed 2024-01-13
$3,200,000
BrightMLS
Sold 2021-05-27
$625,000
Public Record

Year Built: 1958
Above Grade Unfinished Area: 1300
Building Features: Winterized
Construction Materials: Stick Built
Property Age: 66
Levels or Stories: 1
Structure Type: Detached
House Style: Ranch/Rambler
Total Area Sqft: 1300
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.