505 Lee Street, Rehoboth Beach, DE 19971-1837 $1,300,000

Beds/Baths: 4/2
Interior Sq. Ft: 1,866
Acreage: 0.21
Age:48 years
Style:
Cape Cod
MLS#: DESU2062132
Subdivision: Schoolvue
Design/Type:
Detached

Description

Seldom seen listing in serene Schoolvue community! Enjoy the serenity of this laid back neighborhood that boasts trees and privacy and no traffic. Solidly built 4 bedroom/ 2 bath single family home looking for your TLC. Screened porch is 21x18 and is perfect for sitting and enjoying your morning coffee. Rear 15x15 storage shed has electric and plenty of room for all your beach belongings. Close to Rehoboth Elementary School that offers pickle ball and tennis courts. Short walk to Turtle Bridge. Act fast this home will not last long! SELLER FINANCING CAN BE AN OPTION!! 20% down payment/ 2-4 year balloon/ piti or interest only/ no pre payment penalty. 5 % Interest RATE!! NOTE: Square footage of home is unknown; however, estimated to be 1,750+/-. Year of home is unknown and estimated.

Taxes: $1,598
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Garage: Y
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
Elem. School: RehobothMid. School: BeaconHigh School: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Baseboard - Electric Heating, Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Propane, Public Water, Public Sewer, Main Floor Laundry

Garage/Parking
Attached Garage, Driveway, Garage - Front Entry, Paved Parking, Attached Garage Spaces #: 1;

Interior
Ceiling Fan(s), Entry Level Bedroom, Wood Fireplace

Exterior
Block Foundation, Shingle Roof, Aluminum Siding, Brick Exterior, Patio(s), Porch(es), Screened Porch/Deck, Outbuilding(s)

Lot
Level Lot, Rear Yard

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (3 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.2 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.3 mi
Lewes Elementary School Cape Henlopen School District K–5 Lewes 4.98 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.09 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.51 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: RE/MAX Realty Group Rehoboth , (302) 227-4800, dolores@rehobothre.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 7/13/2024.

505 Lee Street, Rehoboth Beach, DE 19971-1837

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