NOT LISTED FOR SALE

111 Rodney St Rehoboth Beach, DE 19971

Estimated Value: $256,082 - $4,598,000

5 Beds
5.5 Baths
2,945 Sq Ft
$988/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $3,608,000 $1,225 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $16,520/month

58 Days on Market

Highlights

  • Heated Pool and Spa
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Stockley Street Park

About This Home

As of January 2022

Second chance a this stunning South Rehoboth Showplace! This impressive 5 bedroom home will exceed your expectations - top of the line finishes, a personal elevator and a heated pool with hot tub. The gracious Southern style front porch welcomes you, and the numerous architectural details are sure to delight; coffered ceilings, handsome moldings, soaring vaulted ceilings, three fireplaces, custom tile work, and curved walls of windows. The dynamic open concept floor plan features well-appointed 1st and 2nd floor primary bedrooms with 3 additional en-suite bedrooms for your guest's ultimate comfort. Just a block and a half to the ocean, this 2,945 sf home cannot be duplicated under today's building guidelines and has enjoyed many new updates within the last year +/- including 2 new HVAC systems, new top of the line appliances (Subzero refrigerator, Wolfe 6 burner gas range, Asko dishwasher, ice maker & wine cooler), custom paint, new toilets, updated lighting, new privacy fence, enhanced paver patio, and more. From the Hardiplank siding to the hardwoods throughout, no detail was overlooked. Offered furnished. Your perfect beach house is ready for you.

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 10/09/2021

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 2014

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Extensive Hardscape
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Cement Siding

Interior Spaces

  • 2,945 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Six Burner Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-268.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: Second chance a this stunning South Rehoboth Showplace! This impressive 5 bedroom home will exceed your expectations - top of the line finishes, a personal elevator and a heated pool with hot tub. The gracious Southern style front porch welcomes you, and the numerous architectural details are sure to delight; coffered ceilings, handsome moldings, soaring vaulted ceilings, three fireplaces, custom tile work, and curved walls of windows. The dynamic open concept floor plan features well-appointed 1st and 2nd floor primary bedrooms with 3 additional en-suite bedrooms for your guest's ultimate comfort. Just a block and a half to the ocean, this 2,945 sf home cannot be duplicated under today's building guidelines and has enjoyed many new updates within the last year +/- including 2 new HVAC systems, new top of the line appliances (Subzero refrigerator, Wolfe 6 burner gas range, Asko dishwasher, ice maker & wine cooler), custom paint, new toilets, updated lighting, new privacy fence, enhanced paver patio, and more. From the Hardiplank siding to the hardwoods throughout, no detail was overlooked. Offered furnished. Your perfect beach house is ready for you.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Wall, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor, Upper Floor
  • Total Sq Ft: 2945
  • Living Area Sq Ft: 2945
  • Price Per Sq Ft: 1288.62
  • Above Grade Finished Sq Ft: 2945
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Cement Siding
  • Exterior Features: Extensive Hardscape, Hot Tub, Outside Shower
  • Pool Features: Heated, In Ground, Pool/Spa Combo
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202524
  • School Tax: 2354.00
  • Tax Annual Amount: 3400.00
  • Assessor Parcel Number: 334-20.05-268.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/13/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Jan 13, 2022
Sold by
Ann Rau Julie
Bought by
Devin L Talbott Revocable Trust
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$3,795,000
Sold Price
$3,608,000
Premium/Discount to List
-$187,000
-4.93%
Total Days on Market
58
Current Estimated Value
$2,910,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$697,306
Avg. Annual Appreciation
-6.16%

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 4, 2021
Sold by
Mchuff Llc
Bought by
Rau Julie A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$3,150,000
Sold Price
$3,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.12%
Original Mortgage
$2,610,000
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 20, 2019
Closed on
Apr 20, 2020
Sold by
Charleston Manor Llc
Bought by
Mchuff Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,695,000
Sold Price
$2,560,000
Premium/Discount to List
-$135,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Varone Trina and Varone Jeffery
Bought by
Charleston Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,517,250
Interest Rate
4.42%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Varone Trina and Varone Jeffery
Bought by
Charleston Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,517,250
Interest Rate
4.42%

Purchase Details

Closed on
Jun 13, 2012
Bought by
Varone Trina and Varone Jeffrey

Purchase Details

Closed on
Dec 30, 2011
Bought by
Charelston Manor Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Devin L Talbott Revocable Trust $3,608,000 None Listed On Document
Rau Julie A $3,150,000 None Available
Mchuff Llc $2,560,000 None Available
Charleston Manor Llc -- --
Charleston Manor Llc -- --
Varone Trina $850,000 --
Charelston Manor Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchuff Llc $2,610,000
Previous Owner Charleston Manor Llc $1,500,000
Previous Owner Charleston Manor Llc $1,517,250
Previous Owner Charleston Manor Llc $1,517,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $3,608,000 -4.9% $1,225 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $3,795,000 +20.5% $1,289 / Sq Ft
08/09/2021 08/09/21 Sold $3,150,000 0.0% $1,070 / Sq Ft
07/23/2021 07/23/21 For Sale $3,150,000 +23.0% $1,070 / Sq Ft
04/24/2020 04/24/20 Sold $2,560,000 -5.0% $869 / Sq Ft
07/20/2019 07/20/19 For Sale $2,695,000 -- $915 / 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 $2,721 $55,200 $10,000 $45,200
2023 $2,718 $55,200 $10,000 $45,200
2022 $2,624 $55,200 $10,000 $45,200
2021 $2,599 $55,200 $10,000 $45,200
2020 $2,592 $55,200 $10,000 $45,200
2019 $2,595 $55,200 $10,000 $45,200
2018 $2,424 $55,200 $0 $0
2017 $2,321 $55,200 $0 $0
2016 $2,205 $55,200 $0 $0
2015 $2,107 $55,200 $0 $0
2014 $906 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2000175

Bright MLS

APN: 334-20.05-268.00