NOT LISTED FOR SALE

12 Prospect St Rehoboth Beach, DE 19971

Estimated Value: $534,150 - $4,995,000

5 Beds
7 Baths
3,000 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $3,395,000 $1,132 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $17,614/month

Highlights

  • Ocean View
  • Pool and Spa
  • Building is oceanfront but unit may not have water views
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Gourmet Kitchen

About This Home

As of September 2020

This Casually elegant oceanside retreat nestled between the Atlantic Ocean and Silver Lake will delight you in so many ways featuring two owners suites plus three additional en-suite guest rooms, great room with soaring ceiling, a gracious dining area, chefs kitchen plus an entry level den leads to your private outdoor oasis. Take an afternoon swim or an evening soak in your personal hot tub under the stars or perhaps break open that novel as you relax on one of your porches. The ocean and lake views are peaceful and plentiful. A custom elevator in this inverted floor plan is a welcome addition. The workmanship in this home is top of the line. Sold furnished.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 07/23/2020

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 2015

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 62.00 x 79.00
  • Building is oceanfront but unit may not have water views
  • Vinyl Fence
  • Back Yard Fenced
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned TN

Property Views

  • Ocean
  • Lake

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Family Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Chute

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Pool and Spa
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.06-108.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,138

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: Personal items, additional exclusions subject to change.
  • Inclusions: Sold furnished
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: This Casually elegant oceanside retreat nestled between the Atlantic Ocean and Silver Lake will delight you in so many ways featuring two owners suites plus three additional en-suite guest rooms, great room with soaring ceiling, a gracious dining area, chefs kitchen plus an entry level den leads to your private outdoor oasis. Take an afternoon swim or an evening soak in your personal hot tub under the stars or perhaps break open that novel as you relax on one of your porches. The ocean and lake views are peaceful and plentiful. A custom elevator in this inverted floor plan is a welcome addition. The workmanship in this home is top of the line. Sold furnished.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Range Hood, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater, Water Heater - Tankless, Dryer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Ceiling Fan(s), Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Laundry Chute, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Great Room, Bathroom 1, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished, Partial
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1131.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 4
  • Lower Level Bedroom: 4
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 5
  • Lower Levels Bathrooms: 5.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Outside Shower, Underground Lawn Sprinkler
  • Pool Features: In Ground, Pool/Spa Combo
  • Roof: Architectural Shingle
  • View: Ocean, Lake
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air, Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Septic
  • 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

  • Fencing: Rear, Vinyl
  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 62.00 x 79.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Balconies- Multiple, Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5202783
  • School Tax: 2388.00
  • Tax Annual Amount: 3138.00
  • Assessor Parcel Number: 334-20.06-108.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/04/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 2, 2020
Sold by
Kevin P Tighe Ret
Bought by
Simmons Calvert and Dyson-Simmons Sally
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$3,395,000
Sold Price
$3,395,000
Current Estimated Value
$3,237,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,283
Avg. Annual Appreciation
-0.93%

Purchase Details

Closed on
May 29, 2019
Sold by
Tighe Kevin P and Tighe Janis C
Bought by
Kevin P Tighe Ret

Purchase Details

Listed on
May 23, 2014
Closed on
Feb 23, 2015
Bought by
Tighe Kevin P and Tighe Janis C
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$2,699,000
Sold Price
$2,699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%

Purchase Details

Listed on
May 24, 2012
Closed on
Mar 25, 2014
Sold by
John S John S
Bought by
12 Prospect Street Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.69%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Wellons Aubree K
Bought by
Wellons John S

Purchase Details

Closed on
Dec 17, 2012
Sold by
Wellons Aubree K
Bought by
Wellons John S
Source: Public Records

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
Simmons Calvert $3,395,000 None Available
Kevin P Tighe Ret -- --
Tighe Kevin P $2,699,000 --
12 Prospect Street Llc $1,200,000 --
Wellons John S -- --
Wellons John S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $3,395,000 0.0% $1,132 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $3,395,000 +25.8% $1,132 / Sq Ft
02/23/2015 02/23/15 Sold $2,699,000 0.0% $900 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $2,699,000 +124.9% $900 / Sq Ft
03/28/2014 03/28/14 Sold $1,200,000 0.0% --
02/03/2014 02/03/14 Pending -- -- --
05/24/2012 05/24/12 For Sale $1,200,000 -- --
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 $5,389 $56,100 $12,550 $43,550
2024 $2,765 $56,100 $12,550 $43,550
2023 $2,763 $56,100 $12,550 $43,550
2022 $2,666 $56,100 $12,550 $43,550
2021 $2,642 $56,100 $12,550 $43,550
2020 $2,634 $56,100 $12,550 $43,550
2019 $2,637 $56,100 $12,550 $43,550
2018 $2,464 $56,100 $0 $0
2017 $2,359 $56,100 $0 $0
2016 $2,241 $56,100 $0 $0
2015 $2,141 $56,100 $0 $0
2014 $476 $12,550 $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: DESU165256

Bright MLS

APN: 334-20.06-108.01