NOT LISTED FOR SALE

10 Cookman St Rehoboth Beach, DE 19971

Estimated Value: $1,827,592 - $3,128,000

5 Beds
3 Baths
3,000 Sq Ft
$806/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,195,000 $398 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $13,123/month

Highlights

  • Coastal Architecture
  • Wood Flooring
  • Furnished
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Deer Park

About This Home

As of May 2019

This property has so much to offer!! 1) It is estimated to earn $6,500/week during prime weeks of the summer and would be a great investment property. 2) The location is just 3.5 blocks to the beach & within walking distance of everything downtown Rehoboth has to offer. 3) This home boasts 4,400 total SF, including the finished basement, and could not be duplicated with today's town zoning regulations. 4) Just renovated with an open floor plan, refinished hardwood floors & recessed lighting throughout the 1st floor, new great room and spacious new kitchen with custom cabinetry, granite, new flooring and new appliances. Additional improvements include off-street parking for 2 cars, updated electric on the 1st floor, new windows in kitchen & master bedroom & new French doors in the great room that open to a large screened porch & private backyard perfect for entertaining. 5) The finished basement includes 2 bonus bedrooms, a kitchenette & additional living space for guest overflow. 6) Sold fully furnished & ready for immediate occupancy.

Last Agent to Sell the Property

Kimberly Martin

(302) 381-5258 kim_martin@comcast.net Northrop Realty Listed on: 04/03/2018

Northrop Realty

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

  • $1,189

Year Built

  • Built in 1960

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 50x84
  • Landscaped
  • Zoning described as TOWN CODES

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

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

Finished Basement

  • Walk-Up Access
  • Interior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-181.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,189

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal Items, accessories, toss pillows, bedding in 1st floor bedroom, white carpet in 2nd floor bedroom, mirror & print on living room walls.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Lower 2, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1960
  • Remarks Public: This property has so much to offer!! 1) It is estimated to earn $6,500/week during prime weeks of the summer and would be a great investment property. 2) The location is just 3.5 blocks to the beach & within walking distance of everything downtown Rehoboth has to offer. 3) This home boasts 4,400 total SF, including the finished basement, and could not be duplicated with today's town zoning regulations. 4) Just renovated with an open floor plan, refinished hardwood floors & recessed lighting throughout the 1st floor, new great room and spacious new kitchen with custom cabinetry, granite, new flooring and new appliances. Additional improvements include off-street parking for 2 cars, updated electric on the 1st floor, new windows in kitchen & master bedroom & new French doors in the great room that open to a large screened porch & private backyard perfect for entertaining. 5) The finished basement includes 2 bonus bedrooms, a kitchenette & additional living space for guest overflow. 6) Sold fully furnished & ready for immediate occupancy.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Entry Level Bedroom, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 13
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Great Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Walkout Stairs
  • Laundry Type: Has Laundry, Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 413.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Propane
  • Water Sewer Expenses: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.09
  • Lot Dimensions: 50x84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: T
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5195518
  • Tax Annual Amount: 1189.00
  • Assessor Parcel Number: 334-14.13-181.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 05/31/2019

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 31, 2019
Sold by
Crichton Garrett
Bought by
Mcge Elizabeth B
Seller's Agent
Kimberly Martin
Northrop Realty
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$1,249,000
Sold Price
$1,195,000
Premium/Discount to List
-$54,000
-4.32%
Current Estimated Value
$2,418,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,223,648
Avg. Annual Appreciation
11.76%
Original Mortgage
$450,000
Outstanding Balance
$395,660
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$2,022,988
Source: Public Records

Range of Values:

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Average Value
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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
Mcge Elizabeth B $1,195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcge Elizabeth B $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,195,000 -3.6% $398 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $1,239,000 -0.8% $413 / Sq Ft
08/12/2018 08/12/18 For Sale $1,249,000 0.0% $416 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,249,000 -- $416 / 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 $3,583 $22,150 $9,200 $12,950
2024 $1,092 $22,150 $9,200 $12,950
2023 $1,091 $22,150 $9,200 $12,950
2022 $1,053 $22,150 $9,200 $12,950
2021 $1,043 $22,150 $9,200 $12,950
2020 $1,040 $22,150 $9,200 $12,950
2019 $1,041 $22,150 $9,200 $12,950
2018 $973 $22,150 $0 $0
2017 $931 $22,150 $0 $0
2016 $885 $22,150 $0 $0
2015 $845 $22,150 $0 $0
2014 $839 $22,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001571872

Bright MLS

APN: 334-14.13-181.00