NOT LISTED FOR SALE

12 St Michaels Place Rehoboth Beach, DE 19971

Estimated Value: $2,887,247 - $3,635,000

5 Beds
3.5 Baths
2,900 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $2,495,000 $860 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,837/month

3 Days on Market

Highlights

  • Water Oriented
  • Coastal Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of December 2022

Enjoy complete privacy and serenity from one of Rehoboth’s most exclusive locations! 12 Saint Michaels Place is tucked away on a quiet cul-de-sac where the only visitors are friends and families of the neighboring homes. This coastal style residence has been recently refreshed with shake siding and new exterior trim, a new roof in 2021 and professional landscape with beautiful hydrangeas and natural beach grasses. Upon entry, you will be wowed by the gorgeous oak floors that meander throughout. Ideal for entertaining, 12 Saint Michaels features a formal dining area complete with wall-to-wall cabinetry and walnut counters. The gourmet kitchen boasts beautiful quartz counters, fresh white cabinets, stainless appliances, a walnut topped island, dual pantries and a spacious eat-in breakfast nook. A comfortable family room adjoins the kitchen and features a dual-sided wood burning fireplace and easy access to the rear patio. Custom built-ins and a dual-sided wood burning fireplace accent the great room, while dramatic vaulted ceilings and floor to ceiling windows flood the space with natural light. The primary suite is perfectly positioned on the first level complete with an ensuite bath and laundry closet offering the convenience of single level living. This unique floor plan features 5 bedrooms total, 3.5 baths and approximately 2,900 square feet of heated living space. Property owners will appreciate the rear yard, fenced for privacy, the outdoor shower, and the large patio covered by a custom pergola. This classic coastal home is convenient to the beach, downtown shops and amenities! 12 Saint Michaels Place leaves little to the imagination, do not hesitate on this excellent opportunity!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/12/2022

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/12/2022

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1997

Lot Details

  • 5,573 Sq Ft Lot
  • Cul-De-Sac
  • Downtown Location
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Interior Lot
  • Property is in excellent condition
  • Property is zoned TN, Town

Home Design

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

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Screens
  • French Doors
  • Great Room
  • Family Room
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Patio
  • Outbuilding

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 334-13.16-58.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,531

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Light fixtures in family room (room off of kitchen), above breakfast table, and 2nd floor foyer (3 total).
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Enjoy complete privacy and serenity from one of Rehoboth’s most exclusive locations! 12 Saint Michaels Place is tucked away on a quiet cul-de-sac where the only visitors are friends and families of the neighboring homes. This coastal style residence has been recently refreshed with shake siding and new exterior trim, a new roof in 2021 and professional landscape with beautiful hydrangeas and natural beach grasses. Upon entry, you will be wowed by the gorgeous oak floors that meander throughout. Ideal for entertaining, 12 Saint Michaels features a formal dining area complete with wall-to-wall cabinetry and walnut counters. The gourmet kitchen boasts beautiful quartz counters, fresh white cabinets, stainless appliances, a walnut topped island, dual pantries and a spacious eat-in breakfast nook. A comfortable family room adjoins the kitchen and features a dual-sided wood burning fireplace and easy access to the rear patio. Custom built-ins and a dual-sided wood burning fireplace accent the great room, while dramatic vaulted ceilings and floor to ceiling windows flood the space with natural light. The primary suite is perfectly positioned on the first level complete with an ensuite bath and laundry closet offering the convenience of single level living. This unique floor plan features 5 bedrooms total, 3.5 baths and approximately 2,900 square feet of heated living space. Property owners will appreciate the rear yard, fenced for privacy, the outdoor shower, and the large patio covered by a custom pergola. This classic coastal home is convenient to the beach, downtown shops and amenities! 12 Saint Michaels Place leaves little to the imagination, do not hesitate on this excellent opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Island, Pantry, Whirlpool/Hottub, Primary Bath(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Vaulted Ceilings, 9'+ Ceilings, Dry Wall
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Great Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 860.34
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Shingle Siding
  • Exterior Features: Outbuilding(s), Outside Shower, Extensive Hardscape
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Brick Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines, Phone Available, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Rear, Privacy, Wood
  • Land Use Code: RS
  • Lot Features: Cul-De-Sac, Landscaping, Interior, No Thru Street, Private
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5573.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TN
  • Zoning Description: Town
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1742.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2531.08
  • Assessor Parcel Number: 334-13.16-58.00
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/16/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Dec 12, 2022
Sold by
Velli Aaron
Bought by
Keeler Kurt C and Keeler Janice T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,495,000
Sold Price
$2,495,000
Views
91
Current Estimated Value
$3,281,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,749
Avg. Annual Appreciation
10.32%
Original Mortgage
$1,395,000
Outstanding Balance
$1,348,154
Interest Rate
6.33%
Estimated Equity
$1,933,595

Purchase Details

Closed on
Jul 10, 2018
Sold by
Zorzi Elizabeth D
Bought by
Velli Aaron and Koeppel Gabrielle
Source: Public Records

Range of Values:

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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
Keeler Kurt C $2,495,000 --
Velli Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeler Kurt C $1,395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $2,495,000 0.0% $860 / Sq Ft
08/12/2022 08/12/22 For Sale $2,495,000 -- $860 / 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
2025 $5,245 $40,850 $10,500 $30,350
2024 $2,013 $40,850 $10,500 $30,350
2023 $2,012 $40,850 $10,500 $30,350
2022 $1,942 $40,850 $10,500 $30,350
2021 $1,924 $40,850 $10,500 $30,350
2020 $1,918 $40,850 $10,500 $30,350
2019 $1,902 $40,850 $10,500 $30,350
2018 $1,794 $40,850 $0 $0
2017 $1,718 $40,850 $0 $0
2016 $1,632 $40,850 $0 $0
2015 $1,559 $40,850 $0 $0
2014 $1,548 $40,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2026624

Bright MLS

APN: 334-13.16-58.00