Seller's Agent in 2022
Dustin Oldfather
Compass
(302) 249-5899
104 in this area
1,490 Total Sales
1028 Scarborough Ave Unit A Rehoboth Beach, DE 19971
Estimated Value: $1,615,000 - $2,048,000
4
Beds
3.5
Baths
2,361
Sq Ft
$765/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Contemporary Architecture
- Wood Flooring
- Rehoboth Elementary School Rated A
- Cathedral Ceiling
- Main Floor Bedroom
About This Home
As of May 2022Wake 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
(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 03/31/2022
Last Buyer's Agent
(302) 841-7147 bill.cullin@longandfoster.com Long & Foster Real Estate, Inc. License #RS0018675
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
- Entry on the 1st floor
- 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
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
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
$205,791
Avg. Annual Appreciation
3.70%
Original Mortgage
$500,000
Outstanding Balance
$475,201
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,330,590
Purchase Details
Closed on
Oct 31, 2016
Sold by
Truitt Properties Llc A Maryland Limited
Bought by
Nasstrom Evans Heidi and Evans William Douglas
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Home Values in the Area
Average Home Value in this Area
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 |
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
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 | $3,467 | $28,100 | $5,000 | $23,100 |
| 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
-
Dustin Oldfather
-
MARIYA OLDFATHER GROUP
M
Seller Co-Listing Agent in 2022
MARIYA OLDFATHER GROUP
Compass
(302) 249-6665
44 in this area
148 Total Sales
-
Bill Cullin
Buyer's Agent in 2022
Bill Cullin
Long & Foster
(302) 841-7147
68 in this area
187 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2018966
APN: 334-20.09-5.02
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