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$649,000

Beds
3
Baths
2.0
sq ft
Unknown

18663 Munchy Branch Rd, Rehoboth Beach, DE 19971

18663 Munchy Branch Rd

REHOBOTH BEACH, DE 19971

  • 381 days on market
    • Price drop $43,000↓
PRICE IMPROVEMENT ! Best Buy you will find for EAST of Coastal Highway with easy access to downtown Rehoboth for almost a half-acre parcel! NO HOA -- Is your interest possibly an at-home business, easy access to public transportation or all your lifestyle toys at your home? Consider this uique property ideally located East of Coastal Highway with great access to downtown Rehoboth Beach, Junction & Breakwater HIKING & BIKING Trails without traveling on Coastal Highway! Access to Cape Henlopen State Park via Wolfe Neck Tract that is 1.1 miles away on Wolfe Neck Road; that means more than 14 miles of biking and hiking FUN is just around the corner! Boasting a spacious GR (General Residential) zoned .46 of an acre lot-- a great place to comfortably keep your RV, your boat(s), your personal water craft, your snowmobiles, --yes, all your toys will fit comfortably here! Well-drained lot improved by a charming, traditional 3 bedroom, 2 bath remodeled farmhouse with a first floor bedroom and full bath, with two additional bedrooms and 1 bath on the second floor. County records tell us the structure might date to 1820; family lore says the house was rolled on logs from Old Landing Road to its current foundation about 100 to 120 years ago. The 20' x 34' detached garage has 2 enormous garage bays with massive spaces all around for any hobby you can imagine. In addition there are two additional separate areas in the detached garage building that are comfortably finished to possibly suit your needs? (County letter of approval for 800 sq. ft. ancillary living unit available for review). Hobbyist, fisherman and collectors -- Frame shed 11'8" x 32' with a Tackle Shack attached (6' x 11'). See the survey.....so much to offer here.

Details

Property type

Single Family Residence

Est. home value

$327,868

Lot size

0.46 acres

Price per sq ft

Unknown

Year built

1820

Annual property taxes

$372

HOA

No

Price History

09/09/2024
Bright

Bright #DESU2048258

Price change
$649,000
-6.21%
09/16/2023
Bright

Bright #DESU2048258

Listed
$692,000

Schools & Community

Elementary school: 

REHOBOTH

Middle school: 

BEACON

High school: 

CAPE HENLOPEN

School district: 

CAPE HENLOPEN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

County Bank

Loan start date

January 2020

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.68%

Loan type

Stand Alone Refi (Refinance of Original Loan), 25 year

Seller

Helena R Walters

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/01/2024 at 9:35 AM

Listing updated: 09/23/2024 at 9:27 PM

Listed by: Pat Campbell-White, Monument Sotheby's International Realty Phone #: (302) 227-6767

MLS: Bright #DESU2048258

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