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38242 Robinsons Dr, Rehoboth Beach, DE, 19971

$1,695,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
House
Schools Nearby

Location

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38242 Robinsons Dr, Rehoboth Beach$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Site
Year Built1980
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #DESU2057676
Lot Size0.14 Acres
StatusActive
(ACTIVE)

About 38242 Robinsons Dr

Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or easily convert both units into one single family residence by simply cutting a door into the stairwell! Whether looking for an investment property or your own coastal oasis, the options are endless... Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out. Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1980
  • Stories: 2

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: RANDY MASON

Interior Features

Interior Information:

  • Appliances: Oven, Electric Range, Range Hood, Refrigerator, Ice Maker, Microwave, Dishwasher, Washer, Dryer, Water Heater
  • Basement: Yes
  • Interior: Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Skylight(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Extensive Hardscape, Flood Lights, Outside Shower

Parking Information:

  • Parking: Driveway, Off Site

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • 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: From Rehoboth Avenue, proceed south on Bayard Avenue, cross Silver Lake Bridge and make first right turn onto Robinsons Drive and stay left. Home is on left hand side, 38242. From Coastal Highway Southbound, turn left at Robinsons Drive and proceed past Fisher Street. Home is on the right (third house past Fisher Street) 38242.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000

Tax Information:

  • Annual Amount: $1,838
  • 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

38242 Robinsons Dr vs Rehoboth Beach

57 DAYS ON ROCKET

+22 Days

$1,695,000

+$929.5K More

KEY TAKEAWAY

This property is $929.5K 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: #DESU2057676

Listing Office:

  • Office Name: Jack Lingo - Rehoboth
  • Office Phone: (302) 227-3883
  • Listing Agent: RANDY MASON

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: 5/4/2024, 12:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 07, 2013Home Sold
$910,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,838$21,450
2020$1,832$21,450
2018$942$21,450
2017$902$21,450

History based on county public records data.

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$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-5933189
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.35 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5933190
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.64 miles

  • Public District Grades 4-8

High School

school-card-donut-5933191
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 5.14 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,274. The majority of Rehoboth Beach, DE residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38242 Robinsons Dr

What is the listing price of this property?

The listing price of 38242 Robinsons Dr property is $1,695,000.

What type of property is this?

The property 38242 Robinsons Dr is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 38242 Robinsons Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 38242 Robinsons Dr 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 $1,838 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 7, 2013 for $910,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38242 Robinsons Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The sq. ft. of 38242 Robinsons Dr is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 38242 Robinsons Dr is 1980.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›38242 Robinsons Dr

This home is located at 38242 Robinsons Dr in Rehoboth Beach, DE and zip code 19971. This home, which was built in 1980, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $1,695,000.

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%. In April 2024 median list price was $765,420 and the average listing age was 35 days.

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

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