Dewey Beach, DE 19971,105 CAROLINA ST #A
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Dewey Beach, DE 19971,105 CAROLINA ST #A
Dewey Beach, DE 19971,105 CAROLINA ST #A
Dewey Beach, DE 19971,105 CAROLINA ST #A
Dewey Beach, DE 19971,105 CAROLINA ST #A

$1,140,000

Est. payment /mo

$1,300,000

12.3%
Est.Price: ?

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105 CAROLINA ST #A Dewey Beach, DE 19971

3 Beds

2 Baths

5,227 Sqft Lot

SOLD DATE : 08/17/2023

Key Details

Sold Price $1,140,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Rehoboth By The Sea

MLS Listing ID DESU2043278

Sold Date 08/17/23

Style Coastal

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N N

Originating Board BRIGHT

Land Lease Amount 5219.0

Land Lease Frequency Annually

Year Built 1970

Annual Tax Amount $580

Tax Year 2022

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.00 x 0.00

Property Description

Dewey Beach! Location, location, location! Located in the highly sought after community of Rehoboth By The Sea, this home is located only 11 homes from the Atlantic Ocean. This is a Rehoboth By The Sea leased land property. The very rare re negotiated lease has 26 years remaining and is only $5,219 PER YEAR. Minute lease increases are every five years and are based off of the CPI index thus making the increase very, very affordable.. The present home boasts the pine board walls (very good condition) and hardwood and tile throughout. Recently negotiated leases are typically 3X the annual rent and include a 3.5% annual increase. Renovate this charming little home like many owners have done to their adorable cottages from yesteryear or make plans to built the home of your dreams. Due to the location and the affordable lease from yesteryear this property won't last long. Please call for a private tour, you'll be glad that you did!!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TOWN

Rooms

Other Rooms Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Half Bath

Main Level Bedrooms 3

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Tile/Brick, Vinyl

Fireplaces Number 1

Fireplaces Type Wood

Furnishings Yes

Fireplace Y

Heat Source Propane - Leased

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access Y

Roof Type Asphalt

Accessibility 2+ Access Exits, Level Entry - Main

Garage N

Building

Story 1

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Pets Allowed Y

Senior Community No

Tax ID 334-20.10-88.00-A

Ownership Land Lease

SqFt Source Assessor

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

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Bright MLS (BMLS)
Listed by JOSEPH CHOMA • Berkshire Hathaway HomeServices PenFed Realty
Bought with John E Redefer IV • Rehoboth Bay Realty, Co.
agent

Marian Campo

Agent | License ID: RS-0022965

+1(302) 245-4417

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