NOT LISTED FOR SALE

1 Hazlett St Rehoboth Beach, DE 19971

Estimated Value: $1,187,582 - $7,993,000

6 Beds
6 Baths
8,399 Sq Ft
$514/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $4,500,000 $536 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $23,949/month

476 Days on Market

Highlights

  • Ocean View
  • Beach
  • Water Access
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • Spa

About This Home

As of January 2019

Being sold at lot value! Enjoy panoramic ocean views and breezes from every corner of this amazing oceanfront home, situated on an oversized 100 x 150 lot. 1 Hazlett Avenue features 6 bedrooms, 5 full baths, 2 half baths, a sprawling floor plan perfect for entertaining, gourmet kitchen, multiple living spaces, vaulted ceilings, gorgeous pine beams, custom trim and wood-burning fireplace. The second floor features a large master suite with sitting room (7th bedroom) and private oceanfront deck. The lower level includes 4 bedrooms, game room, gym, 2 car garage and an abundance of storage for beach toys. The exterior leaves little to be desired with wrap around decks, oversized spa, beautiful landscaping providing utmost privacy, the "bell tower" offering exquisite ocean sunrises and Rehoboth Bay sunsets and room for a pool. This home is being sold fully furnished.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/30/2017

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

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

Last Buyer's Agent

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,656

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Home fronts navigable water
  • Landscaped
  • Property is zoned MR, MEDIUM RESIDENTIAL

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Wood Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 8,399 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-125.01

Community Details

Overview

  • Indian Beach Subdivision

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,656

Year Built

Built in 1987

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 2, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: Being sold at lot value! Enjoy panoramic ocean views and breezes from every corner of this amazing oceanfront home, situated on an oversized 100 x 150 lot. 1 Hazlett Avenue features 6 bedrooms, 5 full baths, 2 half baths, a sprawling floor plan perfect for entertaining, gourmet kitchen, multiple living spaces, vaulted ceilings, gorgeous pine beams, custom trim and wood-burning fireplace. The second floor features a large master suite with sitting room (7th bedroom) and private oceanfront deck. The lower level includes 4 bedrooms, game room, gym, 2 car garage and an abundance of storage for beach toys. The exterior leaves little to be desired with wrap around decks, oversized spa, beautiful landscaping providing utmost privacy, the "bell tower" offering exquisite ocean sunrises and Rehoboth Bay sunsets and room for a pool. This home is being sold fully furnished.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Oven/Range - Gas, Oven - Wall, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Entry Level Bedroom, Ceiling Fan(s), Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Wood
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Game Room, Family Room, Great Room, Laundry, Storage Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 8399
  • Living Area Sq Ft: 8399
  • Net Sq Ft: 8399.00
  • Price Per Sq Ft: 583.40
  • Above Grade Finished Sq Ft: 8399
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 3
  • Lower Level 1 Bedroom: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Concrete
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outside Shower
  • Roof: Shingle, Wood
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Horses: No
  • Lot Features: Landscaping
  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Dimensions: 100 x 150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: MR
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-23.06-125.01
  • County Tax Payment Frequency: Annually
  • Close Date: 01/02/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 29, 2018
Sold by
C W & D K Blomquist Ret
Bought by
Salamone Joel
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Tracy Kelley
Jack Lingo - Rehoboth
List Price
$4,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$400,000
-8.16%
Current Estimated Value
$4,314,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,806
Avg. Annual Appreciation
-0.62%
Source: Public Records

Range of Values:

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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
Salamone Joel $4,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $4,500,000 -8.2% $536 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $4,900,000 0.0% $583 / Sq Ft
09/05/2018 09/05/18 Price Changed $4,900,000 -5.8% $583 / Sq Ft
07/20/2018 07/20/18 Price Changed $5,200,000 -7.1% $619 / Sq Ft
08/30/2017 08/30/17 For Sale $5,600,000 -- $667 / 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 $10,656 $240,150 $54,300 $185,850
2024 $12,330 $240,150 $54,300 $185,850
2023 $12,320 $240,150 $54,300 $185,850
2022 $11,901 $240,150 $54,300 $185,850
2021 $11,795 $240,150 $54,300 $185,850
2020 $2,867 $240,150 $54,300 $185,850
2019 $11,587 $240,150 $54,300 $185,850
2018 $10,546 $240,150 $0 $0
2017 $10,099 $240,150 $0 $0
2016 $9,699 $240,150 $0 $0
2015 $9,273 $240,150 $0 $0
2014 $9,205 $240,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001567886

Bright MLS

APN: 334-23.06-125.01