NOT LISTED FOR SALE

1 Patriots Way Rehoboth Beach, DE 19971

Estimated Value: $903,000 - $1,765,000

5 Beds
5.5 Baths
8,400 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,300,000 $155 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,722/month

Highlights

  • Second Kitchen
  • Spa
  • View of Trees or Woods
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • 0.52 Acre Lot

About This Home

As of May 2021

KINGS CREEK ELEGANCE, PERSONAL RESORT STYLE! Architectural grandeur and curated sophistication welcome you to this spacious, luxurious home. Gracious features include soaring ceilings, columns, moulding, and extensive custom finishes. Host holidays to remember in the stunning, modern kitchen with stainless steel appliances, double ovens, and professional gas range. Experience exceptional spacious living with every convenience, including two private theatre rooms, in this retreat-like setting tucked amid trees, yet so close to Delaware's favorite destination - Rehoboth Beach. Amenities and relaxation await you ... enjoy it all like true royalty from this premier home in Kings Creek Golf & Country Club with clubhouse, restaurant, pool, 18-hole golf course, tennis, and miles of trails and natural beauty.

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 11/25/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 2002

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 287.00 x 205.00
  • Property is zoned AR-1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage

Property Views

  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Built-In Range
  • Down Draft Cooktop
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 224
  • Assessor Parcel Number 334-13.00-1134.00

Community Details

Overview

  • $100 Capital Contribution Fee
  • Association fees include common area maintenance, road maintenance
  • Kings Creek HOA
  • Kings Creek CC Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,920

Year Built

Built in 2002

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Mediterranean
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-25
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: KINGS CREEK ELEGANCE, PERSONAL RESORT STYLE! Architectural grandeur and curated sophistication welcome you to this spacious, luxurious home. Gracious features include soaring ceilings, columns, moulding, and extensive custom finishes. Host holidays to remember in the stunning, modern kitchen with stainless steel appliances, double ovens, and professional gas range. Experience exceptional spacious living with every convenience, including two private theatre rooms, in this retreat-like setting tucked amid trees, yet so close to Delaware's favorite destination - Rehoboth Beach. Amenities and relaxation await you ... enjoy it all like true royalty from this premier home in Kings Creek Golf & Country Club with clubhouse, restaurant, pool, 18-hole golf course, tennis, and miles of trails and natural beauty.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Oven - Double, Oven - Wall, Range Hood, Stainless Steel Appliances, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: 2nd Kitchen, Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Double/Dual Staircase, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Foyer, Breakfast Room, Bedroom 1, Study, Great Room, In-Law/AuPair/Suite, Laundry, Office, Recreation Room, Media Room, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Walkout Level, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 9891
  • Living Area Sq Ft: 8400
  • Price Per Sq Ft: 242.19
  • Above Grade Finished Sq Ft: 6400
  • Above Grade Unfinished Sq Ft: 1491
  • Below Grade Finished Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stone
  • Roof: Architectural Shingle
  • Spa: Yes
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Inside Access, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Road Maintenance
  • HOA Name: KINGS CREEK HOA
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 100.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.52
  • Lot Dimensions: 287.00 x 205.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5190980
  • School Tax: 3549.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3920.00
  • Assessor Parcel Number: 334-13.00-1134.00
  • Tax Lot: 224
  • Tax Total Finished Sq Ft: 2970
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/14/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
May 14, 2021
Sold by
Keswani Haresh and Keswani Sonia
Bought by
Oconner Kathleen M and Collins Michael J
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
List Price
$1,950,000
Sold Price
$1,300,000
Premium/Discount to List
-$650,000
-33.33%
Current Estimated Value
$1,402,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,333
Avg. Annual Appreciation
1.75%
Original Mortgage
$900,000
Outstanding Balance
$814,349
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$587,984
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Oconner Kathleen M $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconner Kathleen M $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,300,000 -16.1% $155 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $1,550,000 -20.5% $185 / Sq Ft
11/25/2020 11/25/20 For Sale $1,950,000 -- $232 / 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 $2,721 $83,500 $12,900 $70,600
2024 $4,116 $83,500 $12,900 $70,600
2023 $4,112 $83,500 $12,900 $70,600
2022 $3,969 $83,500 $12,900 $70,600
2021 $3,932 $83,500 $12,900 $70,600
2020 $3,920 $83,500 $12,900 $70,600
2019 $3,926 $83,500 $12,900 $70,600
2018 $3,667 $83,500 $0 $0
2017 $3,512 $83,500 $0 $0
2016 $3,335 $83,500 $0 $0
2015 $3,187 $83,500 $0 $0
2014 $3,164 $83,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173372

Bright MLS

APN: 334-13.00-1134.00