NOT LISTED FOR SALE

105 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $499,761 - $3,740,000

4 Beds
3.5 Baths
2,456 Sq Ft
$987/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $2,950,000 $1,201 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $13,371/month

42 Days on Market

Highlights

  • New Construction
  • Private Pool
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Coastal Architecture

About This Home

As of December 2022

Just a block to the Atlantic Ocean and so close to all things Rehoboth, this new to be built pool home will delight family and friends or will be a wonderful rental property with all the needs and wants checked off the wish list.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 09/29/2021

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Michael Zacherl

Coldwell Banker Premier - Rehoboth License #RS0036499

Coldwell Banker Premier - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is in excellent condition
  • Property is zoned RS

Parking

  • Driveway

Home Design

  • New Construction
  • Coastal Architecture
  • Poured Concrete
  • Blown-In Insulation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,456 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Gas Fireplace
  • Combination Kitchen and Living
  • Wood Flooring
  • Laundry on main level
  • Basement

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Water Oriented
  • Property is near an ocean
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-557.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Just a block to the Atlantic Ocean and so close to all things Rehoboth, this new to be built pool home will delight family and friends or will be a wonderful rental property with all the needs and wants checked off the wish list.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Stainless Steel Appliances, Water Heater, Oven/Range - Gas
  • Interior Amenities: Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Laundry Type: Main Floor
  • Total Sq Ft: 2456
  • Living Area Sq Ft: 2456
  • Price Per Sq Ft: 1201.14
  • Above Grade Finished Sq Ft: 2456
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 105

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Blown-In Insulation, Hardiplank Type
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Excellent
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5197101
  • Tax Annual Amount: 780.00
  • Assessor Parcel Number: 334-14.17-557.00
  • Close Date: 12/01/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 30, 2022
Sold by
Reed Robert M
Bought by
Masenheimer David Lee and Masenheimer Jana
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Michael Zacherl
Coldwell Banker Premier - Rehoboth
List Price
$2,950,000
Sold Price
$2,950,000
Views
35
Current Estimated Value
$2,424,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$525,746
Avg. Annual Appreciation
-7.30%
Original Mortgage
$2,065,000
Outstanding Balance
$2,005,091
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$391,726

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 30, 2020
Sold by
Martinet Leigh M and Martinet Scott R
Bought by
Reed Robert M and Reed Debora A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,529,000
Sold Price
$1,390,000
Premium/Discount to List
-$139,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.68%
Original Mortgage
$1,666,400
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 11, 1996
Bought by
Martinet Leigh
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
Masenheimer David Lee $2,950,000 --
Reed Robert M $1,390,000 None Available
Martinet Leigh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masenheimer David Lee $2,065,000
Previous Owner Reed Robert M $1,666,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $2,950,000 0.0% $1,201 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $2,950,000 +112.2% $1,201 / Sq Ft
11/30/2020 11/30/20 Sold $1,390,000 -3.4% --
09/08/2020 09/08/20 Price Changed $1,439,000 -2.0% --
08/13/2020 08/13/20 Price Changed $1,469,000 -3.9% --
07/10/2020 07/10/20 For Sale $1,529,000 -- --
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
2024 $1,947 $20,600 $9,350 $11,250
2023 $1,945 $20,600 $9,350 $11,250
2022 $979 $20,600 $9,350 $11,250
2021 $970 $20,600 $9,350 $11,250
2020 $967 $20,600 $9,350 $11,250
2019 $969 $20,600 $9,350 $11,250
2018 $905 $20,600 $0 $0
2017 $866 $20,600 $0 $0
2016 $823 $20,600 $0 $0
2015 $786 $20,600 $0 $0
2014 $781 $20,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2022

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    280 in this area

    851 Total Sales

    DEBBIE REED
    Section Image
  • Michael Zacherl

    Buyer's Agent in 2022

    Michael Zacherl

    Coldwell Banker Premier - Rehoboth

    (412) 445-6296

    23 in this area

    52 Total Sales

    Michael Zacherl
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2007462

Bright MLS

APN: 334-14.17-557.00

Delaware Sussex County Rehoboth Beach 19971

105 Laurel St, Rehoboth Beach, DE

This home is located at 105 Laurel St, Rehoboth Beach, DE 19971 since 29 September 2021 and is currently estimated at $2,424,254, approximately $987 per square foot. 105 Laurel St 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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