tomo logo

$2,400,000

Beds
6
Baths
4.0
sq ft
2,400

51 Maryland Ave, Rehoboth Beach, DE 19971

51 Maryland Ave

REHOBOTH BEACH, DE 19971

  • 4 days on market
Prime Location in Rehoboth Beach – A Rare Opportunity! Welcome to 51 Maryland Ave, an exceptional three-unit property(that you can use for your family, guests or for additional income) within walking distance from Rehoboth Beach, the boardwalk, and the vibrant fine dining, shopping, and entertainment of Rehoboth Avenue. This unique property offers incredible short-term rental potential and endless possibilities for personal or investment use. The main bungalow-style home features four spacious bedrooms and two full bathrooms, showcasing original hardwood flooring and an abundance of natural light throughout. With its charming layout and inviting spaces, it's perfect for relaxing after a day at the beach. In addition, a separate bi-level bungalow includes a first-floor one-bedroom apartment and a cozy efficiency unit on the second floor, providing versatile rental opportunities or guest accommodations. Outdoor living is a breeze with a large deck, perfect for summer evenings, grilling, or gathering with friends and family. The property also includes off-street parking for 3-4 vehicles, a highly sought-after convenience in this premier beach town. Location is everything! Situated just two blocks from the beach, boardwalk, and Rehoboth Avenue, you’ll enjoy easy access to all the attractions and amenities that make this area so desirable. Don’t miss out on this incredible opportunity—schedule your tour today and make 51 Maryland Ave your next home or investment property! Some photos have been digitally staged to showcase the property’s potential and highlight the various opportunities it offers.

Details

Property type

Single Family Residence

Est. home value

$1,632,089

Lot size

4,792 sq ft

Price per sq ft

$1,000

Year built

1950

Annual property taxes

$2,217

HOA

No

Price History

12/18/2024
Bright

Bright #DESU2075560

Listed
$2,400,000
-4%
12/06/2024
Bright

Bright #DESU2067908

Removed
$2,500,000
08/07/2024
Bright

Bright #DESU2067908

Listed
$2,500,000

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

Lendsure Mortgage Corp

Loan start date

September 2021

Original loan amount

$937,300

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

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

Seller

Marisa O Joelson

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 4:55 AM

Listing updated: 12/21/2024 at 1:09 PM

Listed by: Corey J Harris, Crown Homes Real Estate Phone #: (302) 504-6147

MLS: Bright #DESU2075560

Bright logo

Recently listed in REHOBOTH BEACH