NOT LISTED FOR SALE

1 Marshall Rd Rehoboth Beach, DE 19971

Estimated Value: $524,371 - $2,234,000

4 Beds
5 Baths
5,600 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $1,250,000 $223 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,754/month

332 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Waterfront
  • Rehoboth Elementary School Rated A
  • Bay View
  • 1.18 Acre Lot

About This Home

As of April 2017

HERE COMES THE SUN Greet each new day with glistening sunshine on the Rehoboth Bay! Breathtaking water views capture the sun's rays and welcome you to every room of this private retreat. As the ultimate setting for entertaining, this home is impeccably appointed, sits on over an acre on the bay, and delivers 200 feet of private, sandy beach! Enjoy 4BR, 5BA (including 3 Master Suites); gorgeous gourmet kitchen; wraparound porch with 2nd floor deck/patio; dock with lights and water; and separate guest cottage. This graciously planned, spacious enclave is perfect for year-round parties ? start planning yours!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 04/10/2016

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1900

Lot Details

  • 1.18 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 5,600 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Screens
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Six Burner Stove
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Pier
  • Water Access
  • Property near a bay
  • Rip-Rap
  • 1 Dock Slip
  • Balcony
  • Deck
  • Outbuilding

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Old Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-22.00-38.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,714

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: HERE COMES THE SUN Greet each new day with glistening sunshine on the Rehoboth Bay! Breathtaking water views capture the sun's rays and welcome you to every room of this private retreat. As the ultimate setting for entertaining, this home is impeccably appointed, sits on over an acre on the bay, and delivers 200 feet of private, sandy beach! Enjoy 4BR, 5BA (including 3 Master Suites); gorgeous gourmet kitchen; wraparound porch with 2nd floor deck/patio; dock with lights and water; and separate guest cottage. This graciously planned, spacious enclave is perfect for year-round parties ? start planning yours!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven - Double, Oven - Wall, Range Hood, Six Burner Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Pantry, Ceiling Fan(s), Skylight(s), Whirlpool/Hottub, Wet/Dry Bar
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Sun/Florida Room, Laundry, Office, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5600
  • Living Area Sq Ft: 5600
  • Net Sq Ft: 5600.00
  • Price Per Sq Ft: 267.84
  • Above Grade Finished Sq Ft: 5600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 5

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping, Rip-Rapped
  • Lot Size Acres: 1.18
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Lot Sq Ft: 51401.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205288
  • Assessor Parcel Number: 334-22.00-38.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/21/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
Apr 21, 2017
Sold by
Gallo Elizabeth D and Gallo Salcatore J
Bought by
Cove Village Improvement Group Llc
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$1,499,900
Sold Price
$1,250,000
Premium/Discount to List
-$249,900
-16.66%
Total Days on Market
332
Current Estimated Value
$1,591,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,093
Avg. Annual Appreciation
3.02%
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2014
Bought by
Gallo Salvatore J and Gallo Elizabeth D
Source: Public Records

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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
Cove Village Improvement Group Llc $1,250,000 None Available
Gallo Salvatore J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cove Village Improvement Group Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $1,250,000 -16.7% $223 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
04/10/2016 04/10/16 For Sale $1,499,900 -- $268 / 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
2024 $3,714 $72,600 $15,400 $57,200
2023 $3,711 $72,600 $15,400 $57,200
2022 $3,581 $72,600 $15,400 $57,200
2021 $3,419 $72,600 $15,400 $57,200
2020 $3,409 $72,600 $15,400 $57,200
2019 $3,413 $72,600 $15,400 $57,200
2018 $3,188 $72,600 $0 $0
2017 $3,053 $72,600 $0 $0
2016 $2,900 $72,600 $0 $0
2015 $2,771 $72,600 $0 $0
2014 $2,751 $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001016084

Bright MLS

APN: 334-22.00-38.00