NOT LISTED FOR SALE

1028 Scarborough Ave Unit A Rehoboth Beach, DE 19971

Estimated Value: $1,800,000 - $1,847,000

4 Beds
3.5 Baths
2,361 Sq Ft
$775/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $1,600,000 $678 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,265/month

6 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of May 2022

Wake to the ocean breeze in this quintessential Rehoboth beach home in Truitt’s Choice nestled near Silver Lake.

This mid-century modern style was custom built in 2017 by one of the area’s premiere builders.

Offering 4 br 4 ba, this home is highlighted by a stylish open floor plan filled with light from floor to vaulted ceiling windows.

Every detail has been graciously considered with granite counters, stainless appliances and elegant fixtures throughout.

With a front screened and open air side verandas side perfect for alfresco entertaining net to the firepit on cool summer nights.

Complete with an outdoor shower to refresh from a day at the beach before the nightlife.

This home comfortably accommodates up to 10 guests and has booked an extraordinary $88,000 in rental income for 2021, and many on the books already for 2022.

Savvy investors recognize appreciative potential

Last Agent to Sell the Property

Dustin Oldfather

Compass License #RS-0017091 Listed on: 03/31/2022

Compass

Co-Listed By

MARIYA OLDFATHER GROUP

Compass

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 52.00 x 100.00
  • North Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Casement Windows
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Solar Tube

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement

Parking

  • Private Parking
  • Driveway
  • On-Street Parking
  • Parking Space Conveys

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Grill

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by CRX Dion Lamb

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 334-20.09-5.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: fully furnished
  • Inclusions: fully furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-31
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Wake to the ocean breeze in this quintessential Rehoboth beach home in Truitt’s Choice nestled near Silver Lake. This mid-century modern style was custom built in 2017 by one of the area’s premiere builders. Offering 4 br 4 ba, this home is highlighted by a stylish open floor plan filled with light from floor to vaulted ceiling windows. Every detail has been graciously considered with granite counters, stainless appliances and elegant fixtures throughout. With a front screened and open air side verandas side perfect for alfresco entertaining net to the firepit on cool summer nights. Complete with an outdoor shower to refresh from a day at the beach before the nightlife. This home comfortably accommodates up to 10 guests and has booked an extraordinary $88,000 in rental income for 2021, and many on the books already for 2022. Savvy investors recognize appreciative potential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Skylight(s), Solar Tube(s), Wood Floors
  • Window Features: Casement, Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, High, 2 Story Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Outside Entrance, Poured Concrete, Sump Pump, Partial, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 3108
  • Living Area Sq Ft: 2361
  • Price Per Sq Ft: 677.68
  • Above Grade Finished Sq Ft: 2361
  • Below Grade Sq Ft: 747
  • Total Below Grade Sq Ft: 747
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1028

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Exterior Features: Bbq Grill, Outside Shower
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Private
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Community, 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
  • School District Source: Listing Agent

Lot Info

  • Fencing: Vinyl, Privacy
  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 52.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Building Info

  • Builder Name: CRX Dion Lamb

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 88000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1198.00
  • Tax Annual Amount: 1475.00
  • Assessor Parcel Number: 334-20.09-5.02
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/27/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 18, 2022
Sold by
Douglas Evans William
Bought by
Nicol Gary and Morehouse William A
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$1,600,000
Sold Price
$1,600,000
Total Days on Market
6
Current Estimated Value
$1,829,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,101
Avg. Annual Appreciation
4.97%
Original Mortgage
$500,000
Outstanding Balance
$479,205
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,380,396

Purchase Details

Closed on
Oct 31, 2016
Sold by
Truitt Properties Llc A Maryland Limited
Bought by
Nasstrom Evans Heidi and Evans William Douglas
Source: Public Records

Similar Homes in Rehoboth Beach, DE

  • 20682 Maple St, Rehoboth Beach, DE 19971

    $1,875,000

    • 5 Beds
    • 4 Baths
    • 3,100 Sq Ft
    • 20682 Maple St
    • Rehoboth Beach, DE

    New Construction: 5 bedroom / 4 full bath Custom home built by Clavier Construction. This property features views of the wooded marsh leading to Thompson Island Nature Trail which is restricted from building preserving your privacy. The house includes custom cabinets throughout the kitchen, bathrooms & laundry room along with custom wainscoting, crown-molding and built-in drop spot /shoe rack in

    Michael Clavier Jack Lingo - Rehoboth

    Section Image
  • 22763 Keel Ct Unit 11, Rehoboth Beach, DE 19971

    $1,783,248

    • 6 Beds
    • 5.5 Baths
    • 3,789 Sq Ft
    • 22763 Keel Ct
    • Unit 11
    • Rehoboth Beach, DE

    Discover Oyster House Village - New Construction Home and Boat Slip 12! 22763 Keel Ct. is complete and ready for your summer enjoyment or reap the rental rewards! Price for this home includes a boat slip and lots of custom upgrades! Featuring 4 levels with 6 Bedrooms and 5 1/2 Baths, three levels of screened porches overlooking the canal, elevator, and lots of other upgrades included in this

    Kim Hamer Monument Sotheby's International Realty

    Section Image
  • 22767 Keel Ct Unit 12, Rehoboth Beach, DE 19971

    $1,599,990

    • 5 Beds
    • 6 Baths
    • 3,789 Sq Ft
    • 22767 Keel Ct
    • Unit 12
    • Rehoboth Beach, DE

    Discover Oyster House Village! Lot 12 will be ready for an early 2025 delivery and features 4 levels with 5 Bedrooms and 4 full baths and two 1/2 Baths, three levels of screened porches overlooking the canal, elevator, and lots of other upgrades included in this price (fireplace, outdoor shower, extra windows, elevator, wet bar in loft family room, & more). Ideally located on the tranquil

    Kim Hamer Monument Sotheby's International Realty

    Section Image
  • 20459 Row Boat Ln Unit 27, Rehoboth Beach, DE 19971

    $1,448,000

    • 5 Beds
    • 4.5 Baths
    • 3,491 Sq Ft
    • 20459 Row Boat Ln
    • Unit 27
    • Rehoboth Beach, DE

    Just Listed: an exquisite, like new five-bedroom, four-and-a-half-bathroom detached residence in Oyster House Village. This furnished, turnkey property features luxury vinyl plank flooring, quartz countertops, tiled bathrooms, an elevator, a spacious three-car garage, and multiple outdoor spaces for entertaining. The ground floor includes a foyer, three-car garage, storage room, patio, and

    Bill Cullin Long & Foster Real Estate, Inc.

    Section Image
  • 20398 Row Boat Ln Unit 3, Rehoboth Beach, DE 19971

    $1,649,990

    • 6 Beds
    • 5.5 Baths
    • 3,789 Sq Ft
    • 20398 Row Boat Ln
    • Unit 3
    • Rehoboth Beach, DE

    Discover Oyster House Village! Lot 3 is complete and ready for tours. Featuring 4 levels with 6 Bedrooms and 5 1/2 Baths, three levels of screened porches overlooking the canal, elevator, and lots of other upgrades included in this price (fireplace, outdoor shower, extra windows, custom tile work in owners' bathrooms, dry bar in loft family room, & more). Ideally located on the tranquil

    Kim Hamer Monument Sotheby's International Realty

    Section Image
  • 37509 Burton Ct, Rehoboth Beach, DE 19971

    $1,550,000

    • 5 Beds
    • 3.5 Baths
    • 4,800 Sq Ft
    • 37509 Burton Ct
    • Rehoboth Beach, DE

    Historic Charm Meets Modern Luxury in Bay Harbor, Rehoboth Beach! Discover a truly exceptional residence in the coveted Bay Harbor community of Rehoboth Beach. This meticulously renovated modern farmhouse, steeped in local history as the original Bay Harbor farmhouse, offers a rare blend of timeless elegance and contemporary comfort. Situated at the end of a peaceful cul-de-sac on a sprawling

    Brian Barrows Monument Sotheby's International Realty

    Section Image
  • 37529 Atlantic Ave Unit 11, Rehoboth Beach, DE 19971

    $1,999,999

    • 6 Beds
    • 5 Baths
    • 3,950 Sq Ft
    • 37529 Atlantic Ave
    • Unit 11
    • Rehoboth Beach, DE

    In-town Rehoboth but just outside city limits, this spacious single family custom homewith 6 bedrooms and 5 full baths is on the corner of Atlantic Avenue and WashingtonStreet just a block from the Rehoboth YMCA, popular restaurants, and a short walk to downtownRehoboth, the boardwalk and the beach!! Built in 2013, and later expanded to almost 3950 sf in 2023, the home offers an open floor

    Nick Carter Jack Lingo - Lewes

    Section Image
  • 137 Cornwall Rd, Rehoboth Beach, DE 19971

    $1,849,000

    • 3 Beds
    • 3.5 Baths
    • 2,696 Sq Ft
    • 137 Cornwall Rd
    • Rehoboth Beach, DE

    Exquisite Coastal Living! Located in the prestigious Rehoboth Beach Yacht and Country Club, this meticulously crafted 3-bedroom, 3.5-bath home offers the pinnacle of luxury and coastal elegance. The heart of the home features an open concept design that creates an effortless flow between the kitchen, dining room, and living room - ideal for entertaining or relaxed everyday living. Designed for

    Scott Wagner Keller Williams Realty

    Section Image
  • 169 E Buckingham Dr, Rehoboth Beach, DE 19971

    $1,800,000

    • 4 Beds
    • 5 Baths
    • 3,800 Sq Ft
    • 169 E Buckingham Dr
    • Rehoboth Beach, DE

    Stunning Waterfront Home in Rehoboth Beach Yacht & Country Club. Nestled in a premier cul-de-sac setting, this exceptional waterfront property offers sweeping water views from nearly every room. Designed with exquisite craftsmanship, custom trim details, and high-end finishes throughout, this home impresses at every turn. Enjoy endless, unobstructed vistas of Bald Eagle Creek and breathtaking

    Carol Ann Pala Monument Sotheby's International Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nicol Gary $1,600,000 Tunnell & Raysor Pa
Nasstrom Evans Heidi $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicol Gary $500,000
Previous Owner Thomas Steven D $374,300
Previous Owner Evans William D $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $1,600,000 0.0% $678 / Sq Ft
03/31/2022 03/31/22 For Sale $1,600,000 -- $678 / 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 $1,385 $28,100 $5,000 $23,100
2023 $1,384 $28,100 $5,000 $23,100
2022 $1,336 $28,100 $5,000 $23,100
2021 $1,323 $28,100 $5,000 $23,100
2020 $1,319 $28,100 $5,000 $23,100
2019 $1,321 $28,100 $5,000 $23,100
2018 $1,234 $28,100 $0 $0
2017 $1,182 $28,100 $0 $0
2016 $200 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2018966

Bright MLS

APN: 334-20.09-5.02