Seller's Agent in 2020
Michael Reamy
OCEAN ATLANTIC SOTHEBYS
(202) 236-3229
41 in this area
49 Total Sales
12 Cookman St Rehoboth Beach, DE 19971
Estimated Value: $2,009,360 - $2,542,000
3
Beds
2.5
Baths
2,784
Sq Ft
$793/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Open Floorplan
- Vaulted Ceiling
- Rehoboth Elementary School Rated A
- Cape Cod Architecture
- 3-minute walk to Deer Park
About This Home
As of December 2020Tucked away on an incredibly quiet one-way street and walking distance to everything in town. This adorable beach cottage in the Pines was completely reconstructed in 2012. The home features a classic cape cod exterior and fantastic contemporary open floor plan, including a much-coveted 1st-floor master suite, gourmet kitchen/dining and cathedral ceiling great room with fireplace. The upstairs includes two oversized bedrooms with a shared bath. Just completed last year, is a fully finished basement by DryZone with media/game room, bar/kitchen and laundry. In the back garden, you will find generous patio space with seating and firepit (and potential for a small cocktail pool). The home has a tremendous rental history over the past several years. This is a terrific investment or getaway of your own, do not hesitate on this amazing opportunity.
Last Agent to Sell the Property
(202) 236-3229 michael.reamy@oasir.net Monument Sotheby's International Realty License #RS-0024767 Listed on: 09/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,531
Year Built
- Built in 1960 | Remodeled in 2012
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 50.00 x 84.00
- Downtown Location
- North Facing Home
- Privacy Fence
- Wood Fence
- Extensive Hardscape
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
Home Design
- Cape Cod Architecture
- Contemporary Architecture
- Entry on the 2nd floor
- Frame Construction
- Architectural Shingle Roof
- Rubber Roof
- HardiePlank Type
- Stick Built Home
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Bar
- Beamed Ceilings
- Wood Ceilings
- Vaulted Ceiling
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Great Room
- Family Room Off Kitchen
- Dining Room
- Game Room
- Wood Flooring
- Laundry on lower level
Kitchen
- Second Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Water Proofing System
- Sump Pump
Parking
- 1 Parking Space
- 1 Driveway Space
Accessible Home Design
- Halls are 36 inches wide or more
- Level Entry For Accessibility
Outdoor Features
- Outdoor Shower
- Brick Porch or Patio
- Terrace
- Outdoor Grill
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Cottages of Rehoboth
- North Rehoboth Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 12
- Assessor Parcel Number 334-14.13-180.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2020
Closed on
Dec 30, 2020
Sold by
Leonard Declan C and Berenzweig Seth
Bought by
Rafferty Michael G and Del-Toro Eloy
Seller's Agent
Michael Reamy
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,590
Avg. Annual Appreciation
9.25%
Original Mortgage
$1,087,500
Outstanding Balance
$972,126
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,235,464
Purchase Details
Listed on
Jul 13, 2017
Closed on
Sep 18, 2017
Sold by
Bush Ellen O and Lloyd Mildred L
Bought by
Leonard Declan C and Berenzweig Seth C
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Dustin Oldfather
Compass
List Price
$1,175,000
Sold Price
$1,120,000
Premium/Discount to List
-$55,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$896,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2011
Sold by
Moffett William B and Moffett Melvin P
Bought by
Bush Ellen Q and Llyod Mildred I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.01%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rafferty Michael G | $1,450,000 | None Available | |
| Leonard Declan C | $1,120,000 | None Available | |
| Bush Ellen Q | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rafferty Michael G | $1,087,500 | |
| Previous Owner | Leonard Declan C | $896,000 | |
| Previous Owner | Bush Ellen Q | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $1,450,000 | -3.3% | $521 / Sq Ft |
| 11/05/2020 11/05/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | Price Changed | $1,499,000 | -3.2% | $538 / Sq Ft |
| 09/24/2020 09/24/20 | Price Changed | $1,549,000 | -3.1% | $556 / Sq Ft |
| 09/02/2020 09/02/20 | For Sale | $1,599,000 | +42.8% | $574 / Sq Ft |
| 09/22/2017 09/22/17 | Sold | $1,120,000 | -4.7% | $606 / Sq Ft |
| 08/10/2017 08/10/17 | Pending | -- | -- | -- |
| 07/13/2017 07/13/17 | For Sale | $1,175,000 | -- | $636 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,146 | $22,400 | $9,200 | $13,200 |
| 2024 | $1,104 | $22,400 | $9,200 | $13,200 |
| 2023 | $1,103 | $22,400 | $9,200 | $13,200 |
| 2022 | $1,065 | $22,400 | $9,200 | $13,200 |
| 2021 | $1,055 | $22,400 | $9,200 | $13,200 |
| 2020 | $1,052 | $22,400 | $9,200 | $13,200 |
| 2019 | $1,053 | $22,400 | $9,200 | $13,200 |
| 2018 | $984 | $22,400 | $0 | $0 |
| 2017 | $942 | $22,400 | $0 | $0 |
| 2016 | $895 | $22,400 | $0 | $0 |
| 2015 | $855 | $22,400 | $0 | $0 |
| 2014 | $849 | $22,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Reamy
-
datacorrect BrightMLS
d
Buyer's Agent in 2020
datacorrect BrightMLS
Non Subscribing Office
-
Randy Mason
Seller's Agent in 2017
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
80 in this area
108 Total Sales
-
Shirley Kalvinsky
Seller Co-Listing Agent in 2017
Shirley Kalvinsky
Jack Lingo - Rehoboth
(302) 227-3883
36 in this area
76 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2017
Dustin Oldfather
Compass
(302) 249-5899
104 in this area
1,491 Total Sales
-
Josette Castiglione
Buyer Co-Listing Agent in 2017
Josette Castiglione
OCEAN ATLANTIC SOTHEBYS
(302) 521-4414
8 in this area
65 Total Sales
Map
Source: Bright MLS
MLS Number: DESU167976
APN: 334-14.13-180.00
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