See Home Value
Sussex 19971
5 COLGATE DR
$460,000
● House - Off Market

5 COLGATE DR

REHOBOTH BEACH, DE 19971
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$2,656
Est. Monthly
$250
HOA / Fees
4.78%
Cap Rate

About This Property

First-floor living in Rehoboth Beach! 5 Colgate Drive is a completely renovated 3 bedroom, 2 bath ranch-style home in the popular community of Maplewood. In preparation for its new owners, the entire home has been tastefully updated with luxury vinyl plank flooring, new interior lighting fixtures, and neutral paint throughout. The kitchen features brand-new granite countertops and leads to an enclosed four-season room. Relax in the sunlight that streams through the large windows or take your coffee to the spacious back deck to enjoy your large backyard with all-new landscaping. The front of the house also features all-new landscaping and a spacious front porch. The oversized driveway and garage have plenty of space for parking or storage. You'll love the Epoxy coating that has been recently applied to the garage floor! The community features amenities such as a pool, clubhouse, and common grounds – all for your enjoyment! Located not far from Route 1, this home is conveniently located minutes away from all Route 1 attractions, high-quality dining and shopping, the Gordon Pond Wildlife Area, and Downtown Rehoboth Beach. Situated in the sought-after Cape Henlopen School District, this home would make the perfect full-time residence or a fun summer getaway! Don't miss out on this charming gem. Schedule your private showing today!
Unit Size
1,232 Ft²
Days on Market
30 days
Land Size
0.23 acres
Price per sqft
$398
Property Type
House
Property Taxes
$88
HOA Dues
$250
Year Built
1994

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Last updated: 2 years ago (Bright MLS #DESU2071582)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Sold
Jan 27, 2025 In contract -
In contract
Dec 17, 2024 Relisted $489,900
Relisted
Nov 27, 2024 In contract -
In contract
Oct 9, 2024 Listed by Jack Lingo - Lewes $489,900
Listed by Jack Lingo - Lewes
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 164
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,725
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,386
  • Gross Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLEWOOD
  • Land Acres: 0000000338
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: MAPLEWOOD LOT 80 SEC 1

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051010

Zoning

  • Zoning: MR

Geography

  • District: CAPE HENLOPE
  • Section: 1
  • Parcel: 334-12.00-273.00
  • Lot: 80
  • Municipality: LEWES AND REHOBOTH HUNDRED
  • Latitude: 38.7291
  • Longitude: -75.1389

    Address

  • Full Address: 5 Colgate Dr
  • Address - House Number: 5
  • Address - Street Name: Colgate
  • Address - Suffix Type: Dr
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 9413
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $105,140
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 65
  • Final Value: 388,541
  • High Value: 484,070
  • Low Value: 293,012

    Market Valuation

  • Market Total Value: $42,700
  • Market Land Value: $15,600
  • Market Improvement Value: $27,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,350
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $13,550

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6768
  • Previous Sale Recording Date: Jul 14, 1993
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sussex


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36417 Fir Drive, REHOBOTH BEACH, DE, 19971 Listing by Jonna Shea Heritage


Frequently Asked Questions

When was property at 5 Colgate Drive built and last sold?
The property at 5 Colgate Drive was built in 1994 and last sold on Feb 14, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 5 Colgate Drive is $0.
What are some comparable homes to 5 Colgate Drive?
There are currently no comparable homes to 5 Colgate Drive.