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$1,495,000

Beds
5
Baths
5.0
sq ft
4,407

37468 1st St, Rehoboth Beach, DE 19971

37468 1st St

REHOBOTH BEACH, DE 19971

  • 62 days on market
    • Price drop $130,000↓
Stunning, Tasteful and Impressive Custom Coastal Home in the Well-Established Bay Vista Marina Community in Rehoboth Beach, Delaware. Expansive 4 story, 5 Bedroom, 4.2 Bath Custom Home in Mint Condition with a Plethora of Upgrades Throughout the Multiple Living Floors. Bright Open Floor plans with Custom White and Red Oak Flooring, a Stone Fireplace, an Upscale Gourmet Kitchen complete with Commercial Grade Stainless Steel Appliances and a Very Impressive Formal Dining Room all with Views of the Marina, the Canal and The Bay. A Sound System in the Living Room, The Formal Dining Room and the Master Bedroom along with an Additional Kitchen on the First Floor Bar Area with two Additional Refrigerators with Freezers. Two Sets of Washers and Dryers with 1 Set on the 2nd floor and 1 Set on the 4th floor in the Spacious Master Closet. All this and more with a convenient Elevator for all floors and the Relaxing 2nd Floor deck, the Rear Ground floor Patio and Outside Shower and The 4th Floor Deck off the Master Bedroom also with Views of the Canal and The Bay. NO HOA FEES and NO RESTRICTIONS. RV'S AND BOATS ARE WELCOME. Don't Miss this Fantastic Opportunity to Own a Special Home with Bay Access along with being within Minutes to the Beaches, the Restaurants and All Shopping.

Details

Property type

Single Family Residence

Est. home value

$272,275

Lot size

5,000 sq ft

Price per sq ft

$340

Year built

2018

Annual property taxes

$2,539

HOA

No

Price History

11/02/2024
Bright

Bright #DESU2072600

Price change
$1,495,000
-8%
10/21/2024
Bright

Bright #DESU2072600

Listed
$1,625,000
+1.88%
10/02/2024
Bright

Bright #DESU2048024

Removed
$1,595,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Citizens Bank

Loan start date

October 2021

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

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

Seller

Bessie L Furr and Timothy E Furr

Lender

Navy Fcu

Loan start date

June 2020

Original loan amount

$486,000

Est. remaining balance

Not provided

Interest rate

3.26%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Bessie L Furr and Timothy E Furr

Lender

Community Bank Delaware

Loan start date

February 2018

Original loan amount

$485,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Not Provided

Seller

Timothy E Furr

Lender

Wells Fargo Bank Na

Loan start date

March 2012

Original loan amount

$195,800

Est. remaining balance

$138,871

Interest rate

3.88%

Loan type

Not Provided, 30 year

Seller

Timothy E Furr

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: 12/22/2024 at 9:20 AM

Listing updated: 11/02/2024 at 5:09 PM

Listed by: DAVID T. KING, Berkshire Hathaway HomeServices PenFed Realty Phone #: (302) 227-6101

MLS: Bright #DESU2072600

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