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5 Read Ave; Dewey Beach, DE Property Details

5 Read Ave, Dewey Beach, DE is a Apt House 5+ Units that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 5 Read Ave has 5 bedrooms, and 3 bathrooms, and a total of 1,008 square feet. The lot size of 5 Read Ave is 3,751 square feet.

Off market
5 Read Ave Rehoboth Beach, DE 19971
$2,975,000 Listing Price
5 Beds
3 Baths
1,008 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $910,000
  • Est. Equity / %: $1,201,000 / 100%
  • APN: 334-20.18-196.00
  • Situs County: Sussex
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 3
  • Exterior Wall Type: Wood
  • Building Quality: C+
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Wood Shake/ Shingles
  • Deck: true

Measurements

  • Total: 1,008/SqFt
  • Lot: 3,751/SqFt
  • Living: 1,008/SqFt
  • Building: 1,008/SqFt
  • Price Per Square Foot: $902.78

Legal Description

  • Description: DEWEY BEACH P/O LOT 35 SEC 3
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Flood Zone: AO / No Flood Zone
  • School District: Cape Henlopen School District
  • Lat / Lon: 38.69241 / -75.07276
  • Subdivision: Dewey Beach
  • Property Class: Residential
  • Zoning: TN
  • County Use Code: RA

Amenities

  • Heating Fuel Type: Electric
  • Bathroom Fixtures: 12
  • Cooling: None
  • Fireplaces: 1
  • Garage: Paved/Surfaced
  • Heating: Yes
  • Parking: 1

Ownership Info

5 Read Ave has no associated ownership info
5 Read Ave has no associated ownership info.

Taxes

5 Read Ave has 10 associated Taxes items

5 Read Ave, Dewey Beach, DE pays taxes in Sussex County, DE. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $19,500. The APN we've located for 5 Read Ave is 334-20.18-196.00.

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Taxes
  • Assessed Value:  $19,500
  • Assessed Year:  2025
  • Assessed County:  Sussex
  • APN:  334-20.18-196.00
  • Assessed Land Value:  7200
  • Market Land Value:  716000
  • Tax Amount:  2693.91
  • Tax Year:  2025
  • Market Value:  1124700
  • Market Year:  2025

Tax History

5 Read Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $2,693.91 Change Rate +1.105143% Assessed CR Tax Rate +0.138149%
Year 2024 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,279.68 Change Rate Assessed CR Tax Rate +0.065625%
Year 2023 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,279.68 Change Rate +0.027558% Assessed CR Tax Rate +0.065625%
Year 2022 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,245.36 Change Rate +0.006905% Assessed CR Tax Rate +0.063865%
Year 2021 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,236.82 Change Rate +0.003074% Assessed CR Tax Rate +0.063427%
Year 2020 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,233.03 Change Rate +0.016613% Assessed CR Tax Rate +0.063232%
Year 2019 Assessed Value $19,500 Land Value $7,200 Improvement Value $12,300 Tax Amount $1,212.88 Change Rate Assessed CR Tax Rate +0.062199%
Year 2018 Assessed Value $19,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $19,500 Land Value Improvement Value Tax Amount $820.05 Change Rate +0.015743% Assessed CR Tax Rate +0.042054%
Year 2016 Assessed Value $19,500 Land Value Improvement Value Tax Amount $807.34 Change Rate +0.044816% Assessed CR Tax Rate +0.041402%
Year 2015 Assessed Value $19,500 Land Value Improvement Value Tax Amount $772.71 Change Rate +0.007143% Assessed CR Tax Rate +0.039626%
Year 2014 Assessed Value $19,500 Land Value Improvement Value Tax Amount $767.23 Change Rate Assessed CR Tax Rate +0.039345%