NOT LISTED FOR SALE

12 Cornwall Rd Rehoboth Beach, DE 19971

Estimated Value: $892,000 - $1,051,000

5 Beds
4 Baths
2,600 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2019

Last sale price $465,000 $179 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,465 / mo

About This Home

Reduced 50K!! Come discover this charming cape cod located in Rehoboth Beach Yacht & Country Club. The large front porch will welcome you into this superb home with a layout that offers so much! Retreat to the spacious first level master suite with soaring ceilings, walk in closet and a luxury bath with walk in shower. There's plenty of space for entertaining.The great room features a wood burning fireplace surrounded with custom built ins. The kitchen has a huge breakfast bar and dining nook. Get outside and enjoy the peaceful screened porch and sun deck ideal for relaxing and grilling with family & friends. Upstairs, there's another master suite and a large bonus room. Need storage or a wood shop? There's a full unfinished walk out basement waiting! Surrounded with a stunning backdrop of mature landscaping you?ll love. All of this in a prime location close to the beach, shopping & dining. Country Club membership possible with golf, tennis & clubhouse - call us for details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 7, 2018
Sold by
Boros John W
Bought by
Shields John J and Derrickson Patricia R
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Blair Cherico
Monument Sotheby's International Realty
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%
Current Estimated Value
$989,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,310
Avg. Annual Appreciation
10.97%
Original Mortgage
$418,500
Outstanding Balance
$367,212
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$622,098

Purchase Details

Closed on
Oct 3, 1998
Bought by
Boros John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Shields John J $465,000 --
Boros John W $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields John J $418,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2019 01/17/19 Sold $465,000 -2.1% $179 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
09/01/2018 09/01/18 Price Changed $475,000 -5.0% $183 / Sq Ft
07/24/2018 07/24/18 Price Changed $500,000 -4.8% $192 / Sq Ft
06/01/2018 06/01/18 For Sale $525,000 -- $202 / Sq Ft

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 $1,977 $38,800 $7,500 $31,300
2024 $1,912 $38,800 $7,500 $31,300
2023 $1,911 $38,800 $7,500 $31,300
2022 $1,844 $38,800 $7,500 $31,300
2021 $1,827 $38,800 $7,500 $31,300
2020 $1,822 $38,800 $7,500 $31,300
2019 $1,824 $38,800 $7,500 $31,300
2018 $1,304 $38,800 $0 $0
2017 $1,232 $38,800 $0 $0
2016 $1,050 $38,800 $0 $0
2015 $981 $38,800 $0 $0
2014 $1,470 $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Barrows

    Seller's Agent in 2019

    Brian Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 228-0204

    133 in this area

    366 Total Sales

    Brian Barrows
    Section Image
  • Jennifer Barrows

    Seller Co-Listing Agent in 2019

    Jennifer Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-9505

    96 in this area

    219 Total Sales

    Jennifer Barrows
    Section Image
  • Blair Cherico

    Buyer's Agent in 2019

    Blair Cherico

    OCEAN ATLANTIC SOTHEBYS

    (302) 227-6767

    9 in this area

    35 Total Sales

    Blair Cherico
    Section Image
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Map

Delaware Sussex County Rehoboth Beach 19971

12 Cornwall Rd, Rehoboth Beach, DE

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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