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401 Bayard Ave, Rehoboth Beach, DE, 19971

$2,595,000

7 Bedrooms
3 Full Baths
2,800 SqFt
$927/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Side Entry, Detached Garage
Garage1 space
Year Built1937
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #DESU2047768
Lot Size0.13 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 401 Bayard Ave

NEW PRICE, a one-of-a-kind charming Classic Rehoboth Beach Home. The main house has 4 bedrooms, and 2 bathrooms that features a first-floor bedroom, hardwood floors, living room-dining room combination with a stone wood burning fireplace, 3-bedrooms upstairs with the second bath needing fixtures, and another room that was in the process of being converted to a small kitchen that easily could be used as another bedroom that has a screened porch. There is also a 1-car garage with 2 apartments. One with 2 bedrooms and 1 bath, and the other a studio apartment with 1 bath. Other features include a full basement with a walk out entry, a brick sidewalk, patio and driveway, and a total of 3-screened porches, 2-on the house, and 1 on the upstairs garage apartment, both with active rental licenses. All of this is located 2 blocks to the beach on the corner of Bayard and Laurel Streets on an oversize 57 X 100 lot. The home is being sold AS-IS but ready for your special touches and renovations. It has great rental potential with a possibility of 3 rental units and is an excellent investment opportunity with the limited inventory that we are experiencing today. Call for an appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1937
  • Stories: 2
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 542-0228
  • Listing Agent: BILL CULLIN

Interior Features

Interior Information:

  • Appliances: Stove, Refrigerator, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Attic, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Extensive Hardscape

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Side Entry, Detached Garage

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.13 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: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,595,000
  • Price Per SqFt: $927/SqFt

Tax Information:

  • Annual Amount: $1,231
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$779.5K

Med. Price/SqFt

$336

Avg. Days On Market

31

# of Sold Homes

23

401 Bayard Ave vs Rehoboth Beach

265 DAYS ON ROCKET

+234 Days

$2,595,000

+$1.8M More

$927/SqFt

+$591 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $591/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: #DESU2047768

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (302) 542-0228
  • Listing Agent: BILL CULLIN

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: 6/1/2024, 10:27:50 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

Jan 06, 2021Home Sold
$52,300

Tax History

YEARPROP. TAXASSESSMENT
2021$1,231$26,150
2020$1,227$26,150
2018$1,148$26,150
2017$1,100$26,150

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,846

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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-6790055
9
/10
  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.36 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6790056
7
/10
  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.68 miles

  • Public District Grades 4-8

High School

school-card-donut-6790057
5
/10
  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.88 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,269. The majority of Rehoboth Beach, DE residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Bayard Ave

What is the listing price of this property?

The listing price of 401 Bayard Ave property is $2,595,000.

What type of property is this?

The property 401 Bayard Ave is a house located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Accepting Backup Offers: 401 Bayard Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 401 Bayard 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 $1,231 (source: MLS/based on county public records data).

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

The last sale was on January 6, 2021 for $52,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 401 Bayard Ave has 7 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 401 Bayard Ave is 2,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Bayard Ave is 1937.
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Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›401 Bayard Ave

This home is located at 401 Bayard Ave in Rehoboth Beach, DE and zip code 19971. This 2,800 square foot home, which was built in 1937, sits on a 0.13 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 10, 2023 and is currently priced at $2,595,000.

Rehoboth Beach, DE housing market in May 2024 saw over 4 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. The number of homes for sale in Rehoboth Beach, DE increased by 14.1% between April 2024 and May 2024. While the average time on the market in May 2024 was 31 days, the median list price was $779,500.

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

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