NOT LISTED FOR SALE

Estimated Value: $2,189,000 - $2,535,000

4 Beds
3.5 Baths
2,500 Sq Ft
$964/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $2,200,000 $880 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,106/month

308 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Eat-In Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of May 2023

New construction in-town Rehoboth Beach and just steps to Rehoboth Avenue, the beach and boardwalk! Situated on one of the most peaceful streets in Rehoboth, this 2500 square foot home features 4 bedrooms (1st and 2nd floor primary suites), 3 full baths, 1 half bath, and a full unfinished basement. This home will include an expansive gourmet kitchen with a large island and multiple windows allowing ample natural light. The large family room and dining area is connected to the kitchen and leads to a gorgeous screened porch with a stone floor and vaulted ceiling. Many custom interior finishes such as beams, gas fireplace, timeless tiles, and beautiful fixtures. This home was designed with an optional in-ground private swimming pool in mind and the permit is in place. Excellent new construction opportunity!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/25/2022

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Christine McCoy

(302) 339-5368 christine@therealmccoygroup.com Coldwell Banker Realty License #RA0031081

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Double Hung Windows
  • Casement Windows
  • Sliding Doors
  • Insulated Doors
  • Dining Area
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower
  • Permits for Pool

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Screened Patio
  • Shed
  • Outbuilding
  • Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 334-13.20-192.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$629

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-25
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: New construction in-town Rehoboth Beach and just steps to Rehoboth Avenue, the beach and boardwalk! Situated on one of the most peaceful streets in Rehoboth, this 2500 square foot home features 4 bedrooms (1st and 2nd floor primary suites), 3 full baths, 1 half bath, and a full unfinished basement. This home will include an expansive gourmet kitchen with a large island and multiple windows allowing ample natural light. The large family room and dining area is connected to the kitchen and leads to a gorgeous screened porch with a stone floor and vaulted ceiling. Many custom interior finishes such as beams, gas fireplace, timeless tiles, and beautiful fixtures. This home was designed with an optional in-ground private swimming pool in mind and the permit is in place. Excellent new construction opportunity!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Interior Amenities: Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Gourmet, Recessed Lighting, Wood Floors
  • Window Features: Double Hung, Casement
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 918.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

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
  • Other Structures List: Shed
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Outside Shower, Sidewalks, Underground Lawn Sprinkler, Outbuilding(s)
  • Pool Features: In Ground, Permits
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Features: Landscaping
  • 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
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 309.15
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 628.52
  • Assessor Parcel Number: 334-13.20-192.00
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/26/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 26, 2023
Sold by
Sixth Street Llc
Bought by
Rykiel Gary George and Rykiel Ladan
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Christine McCoy
Coldwell Banker Realty
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Views
165
Current Estimated Value
$2,408,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,781
Avg. Annual Appreciation
3.93%
Original Mortgage
$1,200,000
Outstanding Balance
$1,167,912
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,240,869

Purchase Details

Closed on
Mar 19, 2021
Sold by
Pina Kenneth R
Bought by
11 6Th Street Llc

Purchase Details

Closed on
Mar 4, 2016
Sold by
Rhoads Elaine J
Bought by
Pina Kenneth R

Purchase Details

Closed on
Aug 5, 2011
Bought by
Rhoads Norman Richard and Rhoads Elaine J

Purchase Details

Closed on
Jul 26, 2011
Bought by
Rhoads Norman Richard and Rhoads Elaine J
Source: Public Records

Range of Values:

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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
Rykiel Gary George $2,200,000 None Listed On Document
Rykiel Gary George $2,200,000 None Listed On Document
11 6Th Street Llc $795,000 None Available
Pina Kenneth R $500,000 None Available
Rhoads Norman Richard -- --
Rhoads Norman Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rykiel Gary George $1,200,000
Closed Rykiel Gary George $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $2,200,000 -4.1% $880 / Sq Ft
03/25/2022 03/25/22 For Sale $2,295,000 -- $918 / 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
2025 $4,020 $7,250 $3,750 $3,500
2024 $357 $7,250 $3,750 $3,500
2023 $357 $7,250 $3,750 $3,500
2022 $345 $7,250 $3,750 $3,500
2021 $341 $7,250 $3,750 $3,500
2020 $340 $7,250 $3,750 $3,500
2019 $341 $7,250 $3,750 $3,500
2018 $318 $7,250 $0 $0
2017 $305 $7,250 $0 $0
2016 $290 $7,250 $0 $0
2015 $277 $7,250 $0 $0
2014 $275 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2015924

Bright MLS

APN: 334-13.20-192.00