NOT LISTED FOR SALE

1023 Scarborough Ave Rehoboth Beach, DE 19971

Estimated Value: $1,524,000 - $1,735,584

5 Beds
3 Baths
2,200 Sq Ft
$741/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $1,375,000 $625 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,942/month

Highlights

  • Private Pool
  • Craftsman Architecture
  • 2 Car Attached Garage
  • Rehoboth Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2021

Welcome to 1023 Scarborough Ave!! this pristine six bedroom, three bathroom is an opportunity of a lifetime. Summer 2021 has $120,000.00 in rental bookings and has averaged $100,000.00 the past few summers. meticulously maintained, this property offers a fenced in back yard with a state of the art inground pool. backing up to the newly built elementary school, this home offers a tranquil and ideal space to call home.

Last Agent to Sell the Property

John Redefer

(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 05/24/2021

Last Buyer's Agent

Jennifer Swingle

(302) 542-4352 jswingle@jenniferswingle.com Delaware Coastal Realty License #RA-0030973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1995

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.00 x 174.00
  • Property is zoned TN

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Partial Basement

Bedrooms and Bathrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 334-20.05-346.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: personal items
  • Inclusions: Sold as shown minus personal items.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1023 Scarborough Ave!! this pristine six bedroom, three bathroom is an opportunity of a lifetime. Summer 2021 has $120,000.00 in rental bookings and has averaged $100,000.00 the past few summers. meticulously maintained, this property offers a fenced in back yard with a state of the art inground pool. backing up to the newly built elementary school, this home offers a tranquil and ideal space to call home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 681.36
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1023

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17450.00
  • Land Assessed Value: 6600.00
  • Land Use Code: RS
  • Lot Size Acres: 0.19
  • Lot Dimensions: 50.00 x 174.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202636
  • School Tax: 1026.00
  • Tax Annual Amount: 1460.00
  • Assessor Parcel Number: 334-20.05-346.01
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 1064
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/05/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Oct 5, 2021
Sold by
Ruddy James F and Mcintyre Siobhan
Bought by
Nurik Gennady and Nurik Leah
Seller's Agent
John Redefer
Rehoboth Bay Realty, Co.
Buyer's Agent
Jennifer Swingle
Delaware Coastal Realty
List Price
$1,550,000
Sold Price
$1,375,000
Premium/Discount to List
-$175,000
-11.29%
Current Estimated Value
$1,629,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,646
Avg. Annual Appreciation
4.36%
Original Mortgage
$1,000,000
Outstanding Balance
$911,907
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$717,739

Purchase Details

Listed on
Jan 8, 2015
Closed on
Mar 30, 2015
Sold by
Roderick L Roderick L
Bought by
Ruddy James F and Mcintyre Siobhan
Seller's Agent
DENISE CAIN
Monument Sotheby's International Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$860,000
Sold Price
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
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
Nurik Gennady $1,375,000 None Available
Ruddy James F $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nurik Gennady $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $1,375,000 -8.3% $625 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $1,499,000 -3.3% $681 / Sq Ft
05/24/2021 05/24/21 For Sale $1,550,000 +80.2% $705 / Sq Ft
03/30/2015 03/30/15 Sold $860,000 0.0% --
02/03/2015 02/03/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $860,000 -- --
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 $3,622 $24,050 $6,600 $17,450
2024 $1,185 $24,050 $6,600 $17,450
2023 $1,184 $24,050 $6,600 $17,450
2022 $11 $24,050 $6,600 $17,450
2021 $1,133 $24,050 $6,600 $17,450
2020 $1,129 $24,050 $6,600 $17,450
2019 $1,131 $24,050 $6,600 $17,450
2018 $1,056 $24,050 $0 $0
2017 $1,011 $24,050 $0 $0
2016 $961 $24,050 $0 $0
2015 $918 $24,050 $0 $0
2014 $911 $24,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Redefer

    Seller's Agent in 2021

    John Redefer

    Rehoboth Bay Realty, Co.

    (302) 542-0375

    9 in this area

    70 Total Sales

    John Redefer
    Section Image
  • Jennifer Swingle

    Buyer's Agent in 2021

    Jennifer Swingle

    Delaware Coastal Realty

    (302) 542-4352

    10 in this area

    45 Total Sales

    Jennifer Swingle
    Section Image
  • DENISE CAIN

    Seller's Agent in 2015

    DENISE CAIN

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5662

    12 in this area

    52 Total Sales

    DENISE CAIN
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2015

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    274 in this area

    835 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU183754

Bright MLS

APN: 334-20.05-346.01

Delaware Sussex County Rehoboth Beach 19971

1023 Scarborough Ave, Rehoboth Beach, DE

This home is located at 1023 Scarborough Ave, Rehoboth Beach, DE 19971 since 24 May 2021 and is currently estimated at $1,629,646, approximately $740 per square foot. This property was built in 1995. 1023 Scarborough Ave is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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