NOT LISTED FOR SALE

Estimated Value: $1,437,675 - $1,828,000

5 Beds
6 Baths
3,869 Sq Ft
$417/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,020,000 $264 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,981/month

80 Days on Market

Highlights

  • Water Oriented
  • Bay View
  • Deck
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of October 2020

Rare opportunity in a community that is one of the area's best kept secrets! Pine Bay is a small enclave of custom homes situated just a few blocks to the ocean, Rehoboth Bay and central to both Rehoboth and Dewey Beach. This pristinely landscaped community features a community pool, beautiful mature trees, multiple ponds, tons of wildlife, low fees and most important convenience. 1 Back Bay court is a unique home with a contemporary design and has been recently renovated on the interior and exterior. Upon entry you will notice the tasteful decor that is nothing less than beach chic. The open floor plan offers an easy flow that is ideal for gatherings and entertaining. The floor to ceiling windows and vaulted ceilings with exposed beams creates a bright and airy atmosphere in the great room with a gorgeous backdrop of mature trees and a glimpse of the Rehoboth Bay. The beautiful selections include easy maintenance tiled floors, a calming color palette and a unique mosaic tiled kitchen island with classic stainless appliances. The updated baths are complete with new vanities, fixtures and attractive custom tile selections. In addition, this home offers 5 large bedrooms, 4 full baths, 2 half baths and tons of storage. The exterior living features a sprawling back deck ideal for summer fun and a second-floor sundeck with private access from the 2nd floor master bedroom. Situated on a large corner lot that with a peek of the bay and just steps to everything, 1 Back Bay Court leaves little to be desired. Being sold completely furnished.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/30/2020

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 2003 | Remodeled in 2017

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 109.00 x 163.00
  • Landscaped
  • Corner Lot
  • Backs to Trees or Woods
  • Back Yard
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 3,869 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Room
  • Bay Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property near a bay
  • Balcony
  • Deck
  • Exterior Lighting

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Doors swing in
  • Flood Risk

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 334-20.00-56.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), trash
  • $26 Other Monthly Fees
  • Pine Bay HOA
  • Pine Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 2003 | Remodeled in 2017

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Rare opportunity in a community that is one of the area's best kept secrets! Pine Bay is a small enclave of custom homes situated just a few blocks to the ocean, Rehoboth Bay and central to both Rehoboth and Dewey Beach. This pristinely landscaped community features a community pool, beautiful mature trees, multiple ponds, tons of wildlife, low fees and most important convenience. 1 Back Bay court is a unique home with a contemporary design and has been recently renovated on the interior and exterior. Upon entry you will notice the tasteful decor that is nothing less than beach chic. The open floor plan offers an easy flow that is ideal for gatherings and entertaining. The floor to ceiling windows and vaulted ceilings with exposed beams creates a bright and airy atmosphere in the great room with a gorgeous backdrop of mature trees and a glimpse of the Rehoboth Bay. The beautiful selections include easy maintenance tiled floors, a calming color palette and a unique mosaic tiled kitchen island with classic stainless appliances. The updated baths are complete with new vanities, fixtures and attractive custom tile selections. In addition, this home offers 5 large bedrooms, 4 full baths, 2 half baths and tons of storage. The exterior living features a sprawling back deck ideal for summer fun and a second-floor sundeck with private access from the 2nd floor master bedroom. Situated on a large corner lot that with a peek of the bay and just steps to everything, 1 Back Bay Court leaves little to be desired. Being sold completely furnished.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage
  • Window Features: Casement, Screens
  • Fireplace: No
  • Door Features: Double Entry, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Dry Wall, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 3869
  • Living Area Sq Ft: 3869
  • Price Per Sq Ft: 284.31
  • Above Grade Finished Sq Ft: 3869
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit, Hardiplank Type, Stick Built
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Bay
  • Water Access: No
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 700.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Trash
  • HOA Name: PINE BAY HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 317.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 500.00

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Corner, Backs To Trees, Landscaping, Rear Yard
  • Lot Size Acres: 0.40
  • Lot Dimensions: 109.00 x 163.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17424.00
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 2097.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2317.00
  • Assessor Parcel Number: 334-20.00-56.00
  • Tax Lot: 54
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/16/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Oct 16, 2020
Sold by
Ditomasso John and Tohan Surinder
Bought by
Bogdan Barry G and Bogdan Martha C
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$1,125,000
Sold Price
$1,020,000
Premium/Discount to List
-$105,000
-9.33%
Current Estimated Value
$1,614,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,169
Avg. Annual Appreciation
9.70%
Original Mortgage
$816,000
Outstanding Balance
$724,465
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$889,704

Purchase Details

Closed on
Oct 3, 2018
Sold by
Wavemac Llc
Bought by
Ditomasso John and Tohan Surinder

Purchase Details

Closed on
Aug 15, 2017
Sold by
Bank Of New York Mellon As Trustee For F
Bought by
Wavemac Llc

Purchase Details

Closed on
Aug 8, 2017
Sold by
Bank Of New York Mellon As Trustee For F
Bought by
Bank Of New York Mellon As Trustee For F

Purchase Details

Closed on
Dec 11, 1993
Bought by
Redmond Phillip A and Redmo Beverly A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bogdan Barry G $1,020,000 None Available
Ditomasso John -- --
Wavemac Llc $525,000 None Available
Bank Of New York Mellon As Trustee For F $1,224,268 None Available
Redmond Phillip A $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogdan Barry G $816,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,020,000 -7.3% $264 / Sq Ft
07/14/2020 07/14/20 Price Changed $1,099,999 -2.2% $284 / Sq Ft
05/30/2020 05/30/20 For Sale $1,125,000 -- $291 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,384 $49,350 $8,200 $41,150
2024 $2,751 $49,350 $8,200 $41,150
2023 $2,749 $49,350 $8,200 $41,150
2022 $2,664 $49,350 $8,200 $41,150
2021 $2,642 $49,350 $8,200 $41,150
2020 $2,634 $49,350 $8,200 $41,150
2019 $2,616 $49,350 $8,200 $41,150
2018 $2,167 $49,350 $0 $0
2017 $2,075 $49,350 $0 $0
2016 $1,990 $49,350 $0 $0
2015 $1,903 $49,350 $0 $0
2014 $1,889 $49,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU161310

Bright MLS

APN: 334-20.00-56.00