3 months on rocket

22 Cedar Rd, Rehoboth Beach, DE, 19971

$2,395,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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22 Cedar Rd, Rehoboth Beach$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1970
HeatingHeat Pump
CoolingHeat Pump
MLS #DESU2055090
Lot Size0.21 Acres
StatusActive
(ACTIVE)

About 22 Cedar Rd

PRICE REDCUED!!! Prime oceanblock real estate in North Shores. Large 75' x 125' wooded lot located just 10 houses from the pristine, private beaches of North Shores. Improved by 3 bedroom, 2 bath home with vaulted ceilings and spacious rear porch. Community recreational facilities include a magnificent pool, tennis courts, clubhouse, marina and security. Private residential setting and yet just a short walk or bike ride to the Rehoboth Boardwalk, many fine restaurants, shopping, Funland, entertainment, Cape Henlopen State Park bike trails, and much more. Rental income of $27,000 in place for summer of 2024. Opportunity to collect rental income while designing and permitting for remodel or new home construction start in the Fall. Excellent candidate for a 1031 exchange. Additional community information available at northshores.net

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1970
  • Stories: 1

Listing Office:

  • Office Name: Cape Realty
  • Office Phone: (302) 313-1236
  • Listing Agent: JOE REED

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Dryer, Water Heater, Washer, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Outside Shower, Outbuilding(s)

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

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: Ocean Drive to left of Cedar Road. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000

HOA Fees:

  • Amount: $2800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,446
  • 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

$765.4K

Med. Price/SqFt

$331

Avg. Days On Market

35

# of Sold Homes

31

22 Cedar Rd vs Rehoboth Beach

112 DAYS ON ROCKET

+77 Days

$2,395,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2055090

Listing Office:

  • Office Name: Cape Realty
  • Office Phone: (302) 313-1236
  • Listing Agent: JOE REED

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: 5/21/2024, 6:20:35 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$1,446$30,700
2020 - $30,700
2018$1,348$30,700
2017$1,291$30,700

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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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-4868464
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 1.51 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4868465
7
/10

  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.78 miles

  • Public District Grades 4-8

High School

school-card-donut-4868466
5
/10

  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.09 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,000. Typical income of Rehoboth Beach, DE residents is $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22 Cedar Rd

What is the listing price of this property?

The listing price of 22 Cedar Rd property is $2,395,000.

What type of property is this?

The property 22 Cedar Rd is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 22 Cedar Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 22 Cedar Rd 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 $1,446 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 22 Cedar Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 22 Cedar Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 22 Cedar Rd is 1970.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›22 Cedar Rd

This home is located at 22 Cedar Rd in Rehoboth Beach, DE and zip code 19971. This home, which was built in 1970, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $2,395,000.

In April 2024 more than 12 listings in Rehoboth Beach, DE were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Rehoboth Beach, DE between March 2024 and April 2024 increased by 10.5%. While the average time on the market in April 2024 was 35 days, the median list price was $765,420.

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

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