Seller's Agent in 2022
Tjark Bateman
Jack Lingo - Rehoboth
(302) 745-0018
49 in this area
93 Total Sales
1001 Scarborough Ave Rehoboth Beach, DE 19971
Estimated Value: $1,342,000 - $2,553,882
4
Beds
3
Baths
--
Sq Ft
0.49
Acres
Highlights
- 154 Feet of Waterfront
- 0.49 Acre Lot
- Cottage
- Rehoboth Elementary School Rated A
- No HOA
- 5-minute walk to Rehoboth Elementary Playground
About This Home
As of July 2022One of a kind oversized waterfront property on Silver Lake in Rehoboth Beach, Delaware!!! What else can you ask for??? Encompassing views of Silver Lake on almost a 1/2 acre, this water frontage home east of Rt 1 has panoramic views from nearly every room. Current home can be renovated or you can build a new dream villa on this large plot of land. Cross the Turtle Footbridge at Stockley Street Park for a delightful way to the beach or restaurants and shops in town. Take your kayak out for a paddle. Land, views, birdlife, tranquility, convenience: this property will not last long. Call today for your private showing!!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RS-0023037 Listed on: 04/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,535
Year Built
- Built in 1961
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 141.00 x 152.00
- 154 Feet of Waterfront
- Property is zoned TN
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Cottage
- Block Foundation
- Asphalt Roof
- Stick Built Home
Interior Spaces
- Property has 1 Level
- Finished Basement
Bedrooms and Bathrooms
- 3 Full Bathrooms
Outdoor Features
- Water Access
- Property is near a lake
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 334-20.05-355.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2022
Closed on
Jul 1, 2022
Sold by
Lester T Kelley Revocable Trust
Bought by
Robert J Nejman And Dean E Feick Revocable Tr
Seller's Agent
Tjark Bateman
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$2,765,000
Sold Price
$2,525,000
Premium/Discount to List
-$240,000
-8.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$537,706
Avg. Annual Appreciation
-4.87%
Original Mortgage
$350,000
Outstanding Balance
$335,781
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,821,668
Purchase Details
Listed on
Apr 22, 2022
Closed on
Jun 30, 2022
Sold by
Lester T Kelley Revocable Trust
Bought by
Robert J Nejman And Dean E Feick Revocable Tr
Seller's Agent
Tjark Bateman
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$2,765,000
Sold Price
$2,525,000
Premium/Discount to List
-$240,000
-8.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$335,781
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,821,668
Purchase Details
Closed on
Jul 26, 2018
Sold by
Kelley Lester T
Bought by
Lester T Kelley Ret
Purchase Details
Closed on
Sep 5, 1990
Bought by
Kelley Lester T and Marie Louise
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert J Nejman And Dean E Feick Revocable Tr | $2,525,000 | Hudson Jones Jaywork & Fisher | |
| Robert J Nejman And Dean E Feick Revocable Tr | $2,525,000 | Hudson Jones Jaywork & Fisher | |
| Lester T Kelley Ret | -- | -- | |
| Kelley Lester T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robert J Nejman And Dean E Feick Revocable Tr | $350,000 | |
| Closed | Robert J Nejman And Dean E Feick Revocable Tr | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $2,525,000 | -8.7% | -- |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $2,765,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,676 | $34,000 | $16,150 | $17,850 |
| 2023 | $1,674 | $34,000 | $16,150 | $17,850 |
| 2022 | $1,616 | $34,000 | $16,150 | $17,850 |
| 2021 | $1,201 | $34,000 | $16,150 | $17,850 |
| 2020 | $1,196 | $34,000 | $16,150 | $17,850 |
| 2019 | $1,599 | $34,000 | $16,150 | $17,850 |
| 2018 | $1,093 | $34,000 | $0 | $0 |
| 2017 | $1,030 | $34,000 | $0 | $0 |
| 2016 | $858 | $34,000 | $0 | $0 |
| 2015 | $798 | $34,000 | $0 | $0 |
| 2014 | $788 | $34,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tjark Bateman
-
Randy Mason
Buyer's Agent in 2022
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
83 in this area
112 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2020094
APN: 334-20.05-355.00
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