Major price reduction for this Mid Century Modern coastal retreat in Silver Lake Manor. East of Route One with easy access to both Rehoboth Beach and Dewey Beach, and located just 3.5 blocks to the boardwalk and beach. Year round living in a very well maintained home! A brick hearth and gas fired stove provide plenty of winter ambiance. There are two bedrooms and two baths with an updated kitchen and plenty of outside living areas. Lots of windows give this home a bright and airy feel. Offering tree canopy living with an open floor plan, exposed beams, wood and tile floors, large screened porch, deck, and beautiful paver patio. There is also a very private fenced yard with wood and paver walkways and a stone water feature. Sold partially furnished and ready for the summer season. If you decide to make future changes the property is located outside of town limits so Sussex County restrictions apply. Don't miss this opportunity to own one of the lowest priced homes in the coastal area!
Sold for $1,150,000 on 03/31/23
$1,150,000
38189 Terrace Rd, Rehoboth Beach, DE 19971
2beds
--sqft
Single Family Residence
Built in 1966
5,877 Square Feet Lot
$1,537,900 Zestimate®
$--/sqft
$2,181 Estimated rent
Home value
$1,537,900
$1.37M - $1.77M
$2,181/mo
Zestimate® history
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What's special
Zillow last checked: 9 hours ago
Listing updated: December 17, 2024 at 05:02am
Listed by:
TERRY MILLMAN 302-236-5943,
Jack Lingo - Rehoboth,
Co-Listing Agent: Richard W Monkman 302-547-5793,
Jack Lingo - Rehoboth
Bought with:
DANIEL LUSK, RA-0020195
McWilliams/Ballard, Inc.
Source: Bright MLS,MLS#: DESU2035332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
Features
- Exposed Beams, Kitchen - Gourmet, Combination Dining/Living, Dining Area, Entry Level Bedroom, Open Floorplan, Upgraded Countertops, Beamed Ceilings, Dry Wall, Wood Ceilings
- Flooring: Ceramic Tile, Wood
- Doors: Sliding Glass, Insulated
- Windows: Window Treatments, Stain/Lead Glass
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Free Standing, Gas/Propane
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch, Screened
- Exterior features: Extensive Hardscape, Outdoor Shower, Lawn Sprinkler
- Pool features: None
- Frontage type: Road Frontage
- Frontage length: Road Frontage: 50
Lot
- Size: 5,877 sqft
- Dimensions: 50.00 x 118.00
- Features: Landscaped, Level, Rear Yard, SideYard(s)
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 33420.0914.00
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal,Craftsman
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- Very Good
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available, Sewer Available, Cable, Other Internet Service
Community & neighborhood
Location
- Region: Rehoboth Beach
- Subdivision: Silver Lake Manor
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2023 | Sold | $1,150,000-3.8% |
Source:  Bright MLS #DESU2035332 Report a problem | ||
| 2/21/2023 | Contingent | $1,195,000 |
Source: Bright MLS #DESU2035332 Report a problem | ||
| 2/15/2023 | Listed for sale | $1,195,000-13.3% |
Source: Bright MLS #DESU2035332 Report a problem | ||
| 8/2/2022 | Listing removed | -- |
Source:  Long & Foster Broker Feed Report a problem | ||
| 3/21/2022 | Price change | $1,379,000-0.4% |
Source: Bright MLS #DESU2013504 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,100 +0.1% | $15,850 |
| 2023 | $1,099 +45.2% | $15,850 |
| 2022 | $757 +0.9% | $15,850 |
Find assessor info on the county website
Neighborhood: 19971
Nearby schools
GreatSchools rating
- 8/10Rehoboth Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Beacon Middle SchoolGrades: 6-8Distance: 3.5 mi
- 8/10Cape Henlopen High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Rehoboth
- Middle: Beacon
- High: Cape Henlopen
- District: Cape Henlopen
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,537,900
2% more+ $30,758
With Zillow Showcase(estimated)
$1,568,658