NOT LISTED FOR SALE

103 Teal Landing Rehoboth Beach, DE 19971

Estimated Value: $552,674 - $1,722,000

5 Beds
5.5 Baths
6,000 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $1,045,000 $174 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,091/month

257 Days on Market

Highlights

  • 1 Dock Slip
  • Pier
  • Home fronts navigable water
  • Rehoboth Elementary School Rated A
  • Pier or Dock
  • Fitness Center

About This Home

As of April 2018

This extraordinary waterfront home in The Glade leaves little to be desired. Tucked away on a secluded cul-de-sac, this stately residence offers the utmost privacy for the discerning buyer with approximately 6,000 SF of luxury on 1.70 acres. This residence includes 5 bedrooms, 5 baths, gourmet kitchen complete with granite island, breakfast bar, Wolfe & Viking appliances and wet bar. In addition, an executive office with beautiful cherry built-ins, formal dining room, multi?level living spaces, hardwood floors, 4 fireplaces and full finished basement. Spa-like amenities include a heated pool, hot tub, outdoor shower, sauna and steam shower. Finally, words cannot describe the breathtaking water views of the Glade from almost every living space, multiple decks and boat dock - the only private dock in The Glade. Adjacent .52 acre building lot available to be sold with home. A rare find - call for details!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/17/2017

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1998

Lot Details

  • 1.7 Acre Lot
  • Home fronts navigable water
  • Landscaped
  • Subdivision Possible
  • Property is zoned MEDIUM RESIDENTIAL, AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Screens
  • Mud Room
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Game Room
  • Sauna
  • Canal Views
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Cedar Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Balcony
  • Deck
  • Patio

Location

  • Flood Risk

Utilities

  • Zoned Cooling
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • 200+ Amp Service
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-07.00-222.00

Community Details

Overview

  • The Glade Subdivision

Recreation

  • Pier or Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Community Center
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,845

Year Built

Built in 1998

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Lower 2, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Remarks Public: This extraordinary waterfront home in The Glade leaves little to be desired. Tucked away on a secluded cul-de-sac, this stately residence offers the utmost privacy for the discerning buyer with approximately 6,000 SF of luxury on 1.70 acres. This residence includes 5 bedrooms, 5 baths, gourmet kitchen complete with granite island, breakfast bar, Wolfe & Viking appliances and wet bar. In addition, an executive office with beautiful cherry built-ins, formal dining room, multi?level living spaces, hardwood floors, 4 fireplaces and full finished basement. Spa-like amenities include a heated pool, hot tub, outdoor shower, sauna and steam shower. Finally, words cannot describe the breathtaking water views of the Glade from almost every living space, multiple decks and boat dock - the only private dock in The Glade. Adjacent .52 acre building lot available to be sold with home. A rare find - call for details!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Pantry, Cedar Closet(s), Ceiling Fan(s), Sauna, Whirlpool/Hottub, Wet/Dry Bar
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Dining Room, Primary Bedroom, Kitchen, Game Room, Family Room, Den, Laundry, Mud Room, Office, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Net Sq Ft: 6000.00
  • Price Per Sq Ft: 199.83
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level 1 Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Outside Shower
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Wood Burn Stove, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1496.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Fitness Center, Pier/Dock, Pool - Outdoor, Swimming Pool, Security, Tennis Courts
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping, Subdivision Possible
  • Lot Size Acres: 1.70
  • Lot Size Area: 74269
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74269.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Zoning: MEDIUM RESIDENTIAL
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-07.00-222.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/26/2018

Multi Family

  • Dock Slip Conveyance: Physical Dock/Slip Conveys

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2018
Sold by
Parker Jontahn L and Parker Kathleen M
Bought by
Kathleen M Parker Ret
Current Estimated Value
$1,213,919

Purchase Details

Listed on
May 17, 2017
Closed on
Apr 26, 2018
Sold by
Grapes David B and Grapes Linda J
Bought by
Parker Jonathan L and Parker Kathleen M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$1,450,000
Sold Price
$1,045,000
Premium/Discount to List
-$405,000
-27.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$453,100
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2010
Bought by
Grapes David Bryan and Grapes Linda Joyce

Purchase Details

Closed on
Oct 29, 2010
Bought by
Grapes David Bryan and Grapes Linda Joyce
Source: Public Records

Range of Values:

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Average Value
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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
Kathleen M Parker Ret -- --
Parker Jonathan L $1,045,000 --
Grapes David Bryan $1,299,900 --
Grapes David Bryan $1,299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Jonathan L $453,100
Previous Owner Grapes David Bryan $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $1,045,000 -12.8% $174 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
08/14/2017 08/14/17 Price Changed $1,199,000 -17.3% $200 / Sq Ft
05/17/2017 05/17/17 For Sale $1,450,000 -- $242 / 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 $3,845 $78,000 $7,900 $70,100
2023 $3,841 $78,000 $7,900 $70,100
2022 $3,707 $78,000 $7,900 $70,100
2021 $3,673 $78,000 $7,900 $70,100
2020 $3,662 $78,000 $7,900 $70,100
2019 $3,667 $78,000 $7,900 $70,100
2018 $3,425 $78,000 $0 $0
2017 $3,280 $78,000 $0 $0
2016 $3,116 $78,000 $0 $0
2015 $2,977 $78,000 $0 $0
2014 $2,955 $78,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001028876

Bright MLS

APN: 334-07.00-222.00