6 months on rocket

2 Park Ave, Rehoboth Beach, DE, 19971

$4,200,000

5 Bedrooms
3 Full Baths, 1 Partial
2,552 SqFt
$1,646/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Garage - Side Entry, Attached Garage, Driveway
Garage2 spaces
Year Built1969
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceWood
ViewOcean
MLS #DESU2049416
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 2 Park Ave

Only Surf Ave is between you and the ocean! This SOLID classic home was built over a 2+ year period by a prominent local banker who supervised the construction daily! Situated on an oversized (8,814 sq ft) lot with room for a future swimming pool, or just enjoy the large yard. Approx 600+ sq ft lot coverage left, and house can be expanded. The huge kitchen was remodeled in 2020 with custom built cabinets high-end appliances and a walk-in Pantry. There is a wood burning FP in the kitchen with antique built in surrounds that features a hidden compartment. Entering the spacious Foyer, you will find an elegant turned stairwell and Powder Room, with the formal Dining Room (now set up as 2nd sitting area) straight ahead. The large Living Room features another wood burning FP. Step out from there onto the large wrap-around screened porch and feel the ocean breeze. Upstairs on the front end of the home you will find 3 BR (one ensuite) and a huge hall bath with tub and tiled shower. The 2 ocean front BRs have a door that leads to a balcony the same size as the spacious front porch for you to soak up the sun! Up the back stairs in the kitchen you will find 2 more BRs and another bath with new HVAC. The entire home has real hardwood in all living areas and tile in all baths. There is an attached 2 car garage (rare in Rehoboth) that gives you access to a partial basement. There may be potential to expand to the attic for more living space (new Primary BR?) that would have awesome ocean views! The home is located on an extra wide section of Park Ave to give you the feeling of more space, and all a very short walk to all that Rehoboth Beach has to offer. Deauville Beach with public tennis courts is just a short walk away. This is a unique property, don't miss the opportunity! Past rental history $110k +/-, but not yet on rental market for 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1969
  • Stories: 2
  • Living Area: 2,552 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Tile/Brick
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Garage - Side Entry, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Southern Corner of Surf Ave and Park Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,200,000
  • Price Per SqFt: $1,646/SqFt

Tax Information:

  • Annual Amount: $1,888
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$765.4K

Med. Price/SqFt

$331

Avg. Days On Market

35

# of Sold Homes

31

2 Park Ave vs Rehoboth Beach

209 DAYS ON ROCKET

+174 Days

$4,200,000

+$3.4M More

$1,646/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $1.3K/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: #DESU2049416

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: 5/1/2024, 10:20:20 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$1,888$40,100
2020 - $40,100
2018$1,761$40,100
2017$1,686$40,100

History based on county public records data.

Payment Calculator

$21K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.6K

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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.

Elementary School

school-card-donut-4414281
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.10 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4414282
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.87 miles

  • Public District Grades 4-8

High School

school-card-donut-4414283
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.50 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,955. The majority of Rehoboth Beach, DE residents have income 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

Frequently Asked Questions About 2 Park Ave

What is the listing price of this property?

The listing price of 2 Park Ave property is $4,200,000.

What type of property is this?

The property 2 Park Ave is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 2 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2 Park Ave are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,888 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2 Park Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 2 Park Ave is 2,552 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Park Ave is 1969.
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Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›2 Park Ave

This home is located at 2 Park Ave in Rehoboth Beach, DE and zip code 19971. This 2,552 square foot home, which was built in 1969, sits on a 0.20 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $4,200,000.

In April 2024, from all listings sold in Rehoboth Beach, DE there were more than 12 sold above asking price, over 13 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Rehoboth Beach, DE between March 2024 and April 2024 increased by 10.5%. The median list price of listings available in April 2024 was $765,420, while the average time on the real estate market was 35 days.

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

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