NOT LISTED FOR SALE

114 Henlopen Ave Rehoboth Beach, DE 19971

Estimated Value: $2,667,949

5 Beds
5.5 Baths
4,823 Sq Ft
$553/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,905,000 $395 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,264/month

419 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 4-minute walk to Deer Park

About This Home

As of August 2020

Incredible value! Casually elegant, sprawling 4823 sq ft 5 bedroom - 5.5 bathroom custom built home situated on a rare, oversized North Rehoboth 8,094 sf lot. Quiet side street and house placement lends itself to peaceful enjoyment. Chefs kitchen, gleaming hardwood floors, 2 master suites, upper deck, 2-car garage, gracious front porch, fireplace, elevator and captivating gardens. All of Rehoboth's finest shops and restaurants at just a short stroll away. This award-winning home could not be reproduced for this price, so hurry to take advantage of this primo opportunity. Immediate occupancy available.

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/30/2019

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 2007

Lot Details

  • 8,094 Sq Ft Lot
  • Lot Dimensions are 136.00 x 118.00
  • Landscaped
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 4,823 Sq Ft Home
  • Property has 2 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 334-14.13-93.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,282

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • 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: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible value! Casually elegant, sprawling 4823 sq ft 5 bedroom - 5.5 bathroom custom built home situated on a rare, oversized North Rehoboth 8,094 sf lot. Quiet side street and house placement lends itself to peaceful enjoyment. Chefs kitchen, gleaming hardwood floors, 2 master suites, upper deck, 2-car garage, gracious front porch, fireplace, elevator and captivating gardens. All of Rehoboth's finest shops and restaurants at just a short stroll away. This award-winning home could not be reproduced for this price, so hurry to take advantage of this primo opportunity. Immediate occupancy available.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven - Double, Oven - Wall, Range Hood, Refrigerator, Washer, Water Heater, Stainless Steel Appliances
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Pantry, Ceiling Fan(s), Elevator, Wet/Dry Bar, Bar, Breakfast Area, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room Count: 14
  • Basement: No
  • Total Sq Ft: 4823
  • Living Area Sq Ft: 4823
  • Net Sq Ft: 4823.00
  • Price Per Sq Ft: 414.47
  • Above Grade Finished Sq Ft: 4823
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 114

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: Stick Built, Cedar
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: Landscaping
  • Lot Size Acres: 0.19
  • Lot Dimensions: 136.00 x 118.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8094.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 114000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5195952
  • School Tax: 3848.00
  • Tax Annual Amount: 4282.00
  • Assessor Parcel Number: 334-14.13-93.00
  • Tax Lot: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/10/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 4, 2020
Sold by
T Harrison & M Rocha Ret
Bought by
Gingerbead Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,999,000
Sold Price
$1,905,000
Premium/Discount to List
-$94,000
-4.7%
Total Days on Market
419
Current Estimated Value
$2,667,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,949
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Aug 9, 2016
Bought by
Holmes Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,989
Interest Rate
3.43%

Purchase Details

Closed on
Jul 22, 2016
Sold by
Rocha Mario and Holmes Thomas H
Bought by
Holmes Thomas Harrison and Holmes Mario Rocha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,989
Interest Rate
3.43%

Purchase Details

Closed on
Sep 3, 2002
Bought by
Rocha Mario and Holmes Thomas H

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
Gingerbead Llc $1,905,000 None Available
Holmes Mario -- --
Holmes Thomas Harrison -- None Available
Rocha Mario $719,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Thomas Harrison $357,000
Previous Owner Rocha Mario $196,989
Previous Owner Rocha Mario --
Previous Owner Holmes Thomas Harrison $1,400,000
Previous Owner Rocha Mario $1,062,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,905,000 -4.7% $395 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $1,999,000 +4.9% $414 / Sq Ft
05/11/2020 05/11/20 Off Market $1,905,000 -- --
02/02/2020 02/02/20 Price Changed $1,999,000 -1.3% $414 / Sq Ft
05/30/2019 05/30/19 For Sale $2,025,000 -- $420 / 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 $4,806 $97,500 $15,550 $81,950
2023 $4,801 $97,500 $15,550 $81,950
2022 $4,634 $97,500 $15,550 $81,950
2021 $4,591 $97,500 $15,550 $81,950
2020 $4,578 $97,500 $15,550 $81,950
2019 $4,577 $97,500 $15,550 $81,950
2018 $3,882 $97,500 $0 $0
2017 $3,700 $97,500 $0 $0
2016 $3,395 $97,500 $0 $0
2015 $3,221 $97,500 $0 $0
2014 $3,694 $97,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU141418

Bright MLS

APN: 334-14.13-93.00