23 McKinley Avenue

Dewey Beach, DE 19971

$1,150,000
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
1,200 Sq. Ft.
$958 / Sq. Ft.
1,200
Sq. Ft.
$958
per Sq. Ft.

Description

Super opportunity to own this ocean side renovated 3-bedroom 2.5 bath 1400 square foot beach home. The 2nd floor deck and screened in porch off the open concept living room, make this property an ideal beach retreat. Over sized parking area, outdoor shower and grilling area are an added bonus in a beach town where outdoor space is scarce. Property has a build option to double the existing footprint, another rarity in Dewey Beach. Proven rental history of over $75,000 per year, with repeat family...Super opportunity to own this ocean side renovated 3-bedroom 2.5 bath 1400 square foot beach home. The 2nd floor deck and screened in porch off the open concept living room, make this property an ideal beach retreat. Over sized parking area, outdoor shower and grilling area are an added bonus in a beach town where outdoor space is scarce. Property has a build option to double the existing footprint, another rarity in Dewey Beach. Proven rental history of over $75,000 per year, with repeat family weekly rentals. Buy both 23 and 25 McKinley Ave. for a rental income of over $175,000 per year. A new owner can live in one and rent the other. Close to all the hot spots and restaurants, but private enough to enjoy the tranquility of the beach and ocean. There have been many updates to this property with new composite siding being the most recent. Plenty of off street parking. All furniture and appliances included in the sale. Specifics on size will need to be confirmed by town of Dewey Beach and we urge buyers to confirm for themselves. Come and put your toes in the sand and know that once you park your car you never have to cross a street to get to the ocean.... Bliss awaits... Truly a remarkable property.

Property Details for 23 McKinley Avenue

Tax ID Number
334-20.18-165.05-1
Ownership
Condominium
Condo Coop Association
No
HOA
No
Structure Type
End of Row/Townhouse
Style
Colonial
Levels/Stories
2
Waterfront
No

Location

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LISTING UPDATED: 04/20/2024 08:58 AM

Property Details for 23 McKinley Avenue

StatusClosed
MLS #DESU2049886
Days on Market145
Taxes$926 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1981
CountySussex County

Location

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Building Information for 23 McKinley Avenue

Building/ComplexNONE AVAILABLEFloor-Stories2Residences-Pet Policy-Year Built1981

Payment Calculator

$6,353 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$77

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 23 McKinley Avenue

Location
Location
  • In City Limits: No
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: None
  • HOA Condo Coop Amenities: None
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $18,800
  • Year Assessed: 2023
  • County Tax: $85
  • Improvement Assessed Value: $13,800
  • Land Assessed Value: $5,000
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: TN
  • School Tax: $842
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,200.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5204779
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, Off Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS
  • List Agent URL: www.urhome.homes

Property History for 23 McKinley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 McKinley Avenue

Taxable ValueLand$5,000Additions$13,800Total$18,800
Tax Record2021$1,204 ($100 / month)
Home Facts
Beds0Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStories2StyleCondominiumYear Built1981CountySUSSEXAPN334-20.18-165.05-1

Schools near 23 McKinley Avenue

This home is within Cape Henlopen School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rehoboth Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.