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Sussex 19971
51 BAY REACH
$710,000
● House - Off Market

51 BAY REACH

REHOBOTH BEACH, DE 19971
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,895 Ft²
$1,010,794
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

You want to live a walk to the beach but have a community to call home? Welcome to 51 Bay Reach located in Pine Bay, a community with an outdoor pool with restrooms, a pond with fishing privileges and a canopy of trees throughout.   Situated on almost half an acre of land, mostly wooded in the rear,  with plenty of room for growth or relish in the privacy.  Features include a gourmet kitchen with custom cabinetry, complimentary quartz counters,  stainless steel GE Cafe  appliances, a wet bar for entertaining  & recessed and pendant lighting.   A mixture of modern and coastal finishes, including soothing paint colors, make this home move-in ready.    Other features are a new roof, new HVAC,  conditioned crawlspace with dehumidifier, plantation shutters, gutters, lot grading and landscaping.   Walk or bike to either Dewey Beach or Rehoboth Beach, both less than a mile to this centrally located home. Make your appointment today.
Unit Size
1,895 Ft²
Days on Market
9 days
Land Size
0.41 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
$600
Year Built
1995

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Last updated: 2 years ago (Bright MLS #DESU164250)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Sold
Apr 1, 2024 In contract -
In contract
Mar 19, 2024 Price Decreased $1,275,000
↓ $75K (5.6%)
Price Decreased
Feb 29, 2024 Listed by Jack Lingo - Lewes $1,350,000
Listed by Jack Lingo - Lewes
Overflowing with coastal charm yet tucked away in a private wooded oasis! That's what you'll find when you visit 51 Bay Reach in Pine Bay! This gorgeous 3 bedroom, 2 bath home offers first-floor living at its finest! Some of the many upgraded features include a large kitchen with quartz countertops, center island, stainless steel appliances, and custom cabinets, a spacious living area with floor-to-ceiling stone fireplace and upgraded lighting, tons of built-in cabinets for extra storage, and more! The bedrooms are spacious and the bathrooms provide a relaxing, spa-like feel. Surrounded by mature trees on an almost half-acre lot within walking distance to the beach or a quick bike ride into Rehoboth, this home offers the best of both worlds. During your downtime, you can sip your coffee on your screened-in porch or entertain on your spacious deck with a connected paver patio and hot tub. You can even get to know your neighbors at the Pine Bay community pool or at one of the many community events! This one-of-a-kind home has been meticulously maintained and freshly painted so it won't last long. Be sure to schedule your private showing today!
Jul 23, 2020 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 6
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,742
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,843
  • Gross Building Area: 2,842
  • Building Area: 2,843
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,843
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY MANOR
  • Land Acres: 0000000407
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: COUNTRY MNR PINE BAY SEC LOT 61 SE/HALF MOON DR

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051103

Zoning

  • Zoning: MR

Geography

  • District: CAPE HENLOPE
  • Section: L
  • Parcel: 334-20.00-63.00
  • Lot: 61
  • Municipality: DEWEY TO LEWES EAST OF CANAL
  • Latitude: 38.698
  • Longitude: -75.085

    Address

  • Full Address: 51 Bay Reach
  • Address - House Number: 51
  • Address - Street Name: Bay Reach
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 1929
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,080

    Appraisal Valuation

  • Standard Deviation: 0.2525
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 1,104,161
  • High Value: 1,383,034
  • Low Value: 825,288

    Market Valuation

  • Market Total Value: $73,600
  • Market Land Value: $17,000
  • Market Improvement Value: $56,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,300
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $27,800

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 23, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200000032228
  • Previous Sale Recording Date: May 13, 2016
  • Previous Sale Contract Date: May 12, 2016
  • Previous Sale Amount: $375,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 168 Columbia Avenue, REHOBOTH BEACH, DE, 19971

$2,300 /mo

  • 1 Bed
  • 1 Bath
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168 Columbia Avenue #D, REHOBOTH BEACH, DE, 19971 Listing by Walt D. Cassel
Unit for rent at 31 6th Street, REHOBOTH BEACH, DE, 19971

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,670 ft²
31 6th Street #B, REHOBOTH BEACH, DE, 19971 Listing by Joshua Wilt
Unit for rent at 4302 Sandpiper Drive, REHOBOTH BEACH, DE, 19971

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,092 ft²
4302 Sandpiper Drive, REHOBOTH BEACH, DE, 19971 Listing by Joshua Wilt


Frequently Asked Questions

When was property at 51 Bay Reach built and last sold?
The property at 51 Bay Reach was built in 1995 and last sold on Jul 17, 2020 for $710,000.
How much is this home worth?
The estimated value of the home located at 51 Bay Reach is $0.
What are some comparable homes to 51 Bay Reach?
There are currently no comparable homes to 51 Bay Reach.