$1,978,000
$1,997,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
31 OLIVE AVE #A Rehoboth Beach, DE 19971
7 Beds
8 Baths
4,200 SqFt
Key Details
Sold Price $1,978,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $470
Subdivision North Rehoboth
MLS Listing ID DESU183860
Sold Date 07/30/21
Style Victorian
Bedrooms 7
Full Baths 7
Half Baths 1
Condo Fees $5,040/ann
HOA Y/N N
Abv Grd Liv Area 4,200
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,677
Tax Year 2020
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 0.00 x 0.00
Property Description
A Rehoboth Beach landmark; this 7 bedroom 7.5 bath home perched at the corner of First Street and Olive Avenue has the best porch in town if you are looking to people watch or just enjoy the ocean breeze. Generous living spaces, first floor master suite, large kitchen suitable for multiple cooks, beautiful wood floors and grand staircase and just a block to the ocean make this offering perfect for family and friends or continue as a rental machine yielding over 125K per season. This is part of a 3-unit condo regime with parking for 4 cars. Home can be shown between rental change overs on Friday between 11-3. Priced determined with consideration for future second floor bathroom upgrades. Seller has continually maintained and upgraded this home.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning Q
Rooms
Basement Partial
Main Level Bedrooms 2
Interior
Interior Features Attic, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Gas/Propane
Equipment Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Washer, Water Heater
Furnishings Yes
Fireplace Y
Appliance Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Washer, Water Heater
Heat Source Electric
Exterior
Exterior Feature Porch(es), Wrap Around
Garage Spaces 4.0
Water Access N
Accessibility None
Porch Porch(es), Wrap Around
Total Parking Spaces 4
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-14.13-295.00-A
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with CHRISTOPHER BEAGLE • Compass
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