tomo logo

$2,500,000

Beds
6
Baths
4.0
sq ft
Unknown

51 Maryland Ave, Rehoboth Beach, DE 19971

51 Maryland Ave

REHOBOTH BEACH, DE 19971

  • 101 days on market
2 separate buildings on one parcel! Main house and bungalow currently set up as 3 units *** Opportunity knocks in Downtown Rehoboth Beach!! Multi-Unit Residential Property set up as 3 units. Value is in the prime location and rental potential. The main cottage style house has 4 bedrooms and 2 full bathrooms and taking on summer weekly rentals. The rear bungalow bi-level is set up as a 1 bedroom apartment on the first floor (ready for rentals) and the 2nd floor efficiency is due for renovations. Wide open backyard platform deck for outdoor living. Off street parking for 3-4 vehicles. Within 2 blocks to the boardwalk and 2 blocks to Rehoboth Ave, a great location for investment or year round living!

Details

Property type

Single Family Residence

Est. home value

$1,632,089

Lot size

4,792 sq ft

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$1,326,379

HOA

No

Price History

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: 11/16/2024 at 5:50 AM

Listing updated: 10/25/2024 at 1:39 PM

Listed by: April Love Raimond, Redfin Corporation Phone #: (484) 962-0034

MLS: Bright #DESU2067908

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