NOT LISTED FOR SALE

105 Dover Rd Rehoboth Beach, DE 19971

Estimated Value: $428,473 - $2,039,000

4 Beds
4.5 Baths
1,836 Sq Ft
$821/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,300,000 $708 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,406/month

3 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Home fronts navigable water
  • Public Beach
  • Rehoboth Elementary School Rated A
  • Canoe or Kayak Water Access
  • 1-minute walk to John Waples Memorial Playground

About This Home

As of February 2021

In a pristine spot in downtown Dewey Beach overlooking the Rehoboth Bay, this 4 bedroom 4.5 bathroom newly constructed home is a sight to behold. Sunbathing on the beach, tax-free shopping, live music, delicious brews and ample local restaurants are all just a short walk away! From the signature bay views to the elegant craftsmanship and modern designs, this home offers the best of luxurious, contemporary living in a prime, coastal location. The sleek white exterior with gorgeous black accents instantly catches your eye and the chic style continues throughout the large front porch. Step inside to the open concept living, kitchen and dining space with ravishing, hardwood flooring, a shiplap accent wall, sparkling gold light fixtures and recessed lighting. Unwind by the wall mounted, electric fireplace or cuddle up with your favorite book in the cozy nook, overlooking the backyard. Your inner chef will fall in love with the gourmet kitchen highlighting stainless steel appliances including a double wall oven and five-burner cooktop, a spacious center island that doubles as a two-seat breakfast bar, as well as a stunning, custom backsplash with lights galore. The second level features a large sitting area, where you'll find a laundry closet and sliding barn doors on either side. Through each door is a separate bedroom with an en suite bathroom, each offering ample storage space and tiled, standing showers. The third level has spectacular views of sunsets over the bay and it features two additional, generous bedrooms. Each bedroom has sophisticated built ins, ensuite bathrooms and sliding glass doors that lead out to their own private balcony. Built in 2019, this home was designed with the modern homeowner in mind. This centrally located, waterside property is ideal for a vacation home or beach rental, with the possibility to generate approximately $65,000 in rental income - schedule your private tour today to check out this breathtaking home!

Last Agent to Sell the Property

Dustin Parker

The Parker Group License #672690 Listed on: 01/20/2021

Last Buyer's Agent

Joe Preston

Vantage Resort Realty-52

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Public Beach
  • East Facing Home
  • Open Lot
  • Property is in excellent condition

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Stick Built Home

Interior Spaces

  • 1,836 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Bay Views

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the bay
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • Swimming Allowed
  • Multiple Balconies
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot W
  • Assessor Parcel Number 334-20.18-90.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,448

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-01-22
  • Federal Flood Zone: Yes
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: In a pristine spot in downtown Dewey Beach overlooking the Rehoboth Bay, this 4 bedroom 4.5 bathroom newly constructed home is a sight to behold. Sunbathing on the beach, tax-free shopping, live music, delicious brews and ample local restaurants are all just a short walk away! From the signature bay views to the elegant craftsmanship and modern designs, this home offers the best of luxurious, contemporary living in a prime, coastal location. The sleek white exterior with gorgeous black accents instantly catches your eye and the chic style continues throughout the large front porch. Step inside to the open concept living, kitchen and dining space with ravishing, hardwood flooring, a shiplap accent wall, sparkling gold light fixtures and recessed lighting. Unwind by the wall mounted, electric fireplace or cuddle up with your favorite book in the cozy nook, overlooking the backyard. Your inner chef will fall in love with the gourmet kitchen highlighting stainless steel appliances including a double wall oven and five-burner cooktop, a spacious center island that doubles as a two-seat breakfast bar, as well as a stunning, custom backsplash with lights galore. The second level features a large sitting area, where you'll find a laundry closet and sliding barn doors on either side. Through each door is a separate bedroom with an en suite bathroom, each offering ample storage space and tiled, standing showers. The third level has spectacular views of sunsets over the bay and it features two additional, generous bedrooms. Each bedroom has sophisticated built ins, ensuite bathrooms and sliding glass doors that lead out to their own private balcony. Built in 2019, this home was designed with the modern homeowner in mind. This centrally located, waterside property is ideal for a vacation home or beach rental, with the possibility to generate approximately $65,000 in rental income - schedule your private tour today to check out this breathtaking home!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Cooktop, Dishwasher, Icemaker, Oven - Double, Oven - Wall, Washer, Dryer, Stainless Steel Appliances
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Primary Bedroom - Bay Front, Stall Shower, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 1836
  • Living Area Sq Ft: 1836
  • Price Per Sq Ft: 650.87
  • Above Grade Finished Sq Ft: 1836
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Exterior Lighting
  • View: Bay
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

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

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

  • Land Use Code: RS
  • Lot Features: Not In Development, Open
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2613.60
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 65000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5205239
  • School Tax: 1492.00
  • Tax Annual Amount: 2448.00
  • Assessor Parcel Number: 334-20.18-90.00
  • Tax Lot: W
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 26, 2021
Sold by
Phillip W Kempf Ret
Bought by
Yi Chong
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Joe Preston
Vantage Resort Realty-52
List Price
$1,195,000
Sold Price
$1,300,000
Premium/Discount to List
$105,000
8.79%
Current Estimated Value
$1,491,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,111
Avg. Annual Appreciation
2.44%
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 18, 2017
Sold by
Oconnell Kathaleen S
Bought by
Kimberly A Ans Phillip W Kempf Revocable
Seller's Agent
Justin Campbell
RE/MAX ASSOCIATES
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$489,900
Sold Price
$438,000
Premium/Discount to List
-$51,900
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.25%

Purchase Details

Closed on
Mar 11, 1995
Bought by
O'Connell Daniel J and O'Connell Kathleen S
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
Yi Chong $1,300,000 None Available
Kimberly A Ans Phillip W Kempf Revocable $438,000 None Available
O'Connell Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi Chong $87,500
Open Yi Chong $1,400,000
Closed Yi Chong $918,000
Closed Yi Chong $250,000
Closed Yi Chong $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,300,000 +8.8% $708 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $1,195,000 +172.8% $651 / Sq Ft
05/16/2017 05/16/17 Sold $438,000 -10.6% $438 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $489,900 -- $490 / 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 $2,049 $12,800 $6,100 $6,700
2023 $2,047 $12,800 $6,100 $6,700
2022 $1,987 $12,800 $6,100 $6,700
2021 $1,971 $12,800 $6,100 $6,700
2020 $1,965 $12,800 $6,100 $6,700
2019 $898 $12,800 $6,100 $6,700
2018 $562 $12,800 $0 $0
2017 $538 $12,800 $0 $0
2016 $547 $12,800 $0 $0
2015 $524 $12,800 $0 $0
2014 $520 $12,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU176030

Bright MLS

APN: 334-20.18-90.00