$1,291,992
SOLD MAY 4, 2015

120 New Castle St Rehoboth Beach, DE 19971

6 Beds
4.5 Baths
-- Sq Ft
5,000 Sq Ft Lot

Recently Sold

98 Days on Market

Highlights

  • Beach
  • Second Kitchen
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Deck
  • 2-minute walk to Stockley Street Park

About This Home

As of June 2020

Hurry! 1.5 Blocks to the Beach & 4 blocks to town! Smartly updated 1940's cottage combining the charm of Old Rehoboth with modern amenities incl Carrera Baths, 3 zone HVAC, heart of pine floors + garage BR w BA. 6BRs, 4.5BAs. Game room. 2nd kitchen & living area on upper level . $65K+ rental income

Last Agent to Sell the Property

Mike Kogler Team

Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 11/03/2014

Long & Foster Real Estate, Inc.

Co-Listed By

VIRGINIA EGAN

Long & Foster Real Estate, Inc.

Last Buyer's Agent

MELISS THOROUGHGOOD

RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is Fully Fenced

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed patio or porch
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.05-205.01

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Beach
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Partially Furnished
  • New Construction: No
  • Remarks Public: Hurry! 1.5 Blocks to the Beach & 4 blocks to town! Smartly updated 1940's cottage combining the charm of Old Rehoboth with modern amenities incl Carrera Baths, 3 zone HVAC, heart of pine floors + garage BR w BA. 6BRs, 4.5BAs. Game room. 2nd kitchen & living area on upper level . $65K+ rental income
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Kitchen - Eat-In, Combination Kitchen/Dining, 2nd Kitchen, Entry Level Bedroom, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Game Room, Family Room, Sun/Florida Room, Great Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Street Number Modifier: 120

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s), Sidewalks
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Off Site, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit, Zoned
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Jog/Walk Path, Tot Lots/Playground
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Acres
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Enclosed, Screened
  • In City Limits: Yes

Rental Info

  • Furnished: Partially
  • Total Actual Rent: 65000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5202453
  • Tax Annual Amount: 1321.00
  • Assessor Parcel Number: 334-20.05-205.01
  • County Tax Payment Frequency: Annually
  • Close Date: 05/04/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 30, 2020
Sold by
Donald F Webster Sr Ret
Bought by
Cestari Kenneth C and Cestari Kimberly A
Seller's Agent
JAMES B. MOORE
Jack Lingo - Rehoboth
Buyer's Agent
JAMES B. MOORE
Jack Lingo - Rehoboth
List Price
$1,350,000
Sold Price
$1,365,000
Premium/Discount to List
$15,000
1.11%
Total Days on Market
98
Current Estimated Value
$2,268,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,467
Avg. Annual Appreciation
12.09%
Original Mortgage
$1,365,000
Outstanding Balance
$1,216,583
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,179,211

Purchase Details

Listed on
Nov 3, 2014
Closed on
May 4, 2015
Sold by
Kenneth C Kenneth C and Cestari Kimberly A
Bought by
Webster Donald F
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
MELISS THOROUGHGOOD
RE/MAX Realty Group Rehoboth
List Price
$1,291,992
Sold Price
$1,291,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,365,000 None Available
Interfamily Deed Transfer $1,291,991 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,365,000 Adjustable Rate Mortgage/ARM
Previous Owner $721,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $1,365,000 +1.1% --
06/18/2020 06/18/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,350,000 +4.5% --
05/04/2015 05/04/15 Sold $1,291,992 0.0% --
02/09/2015 02/09/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $1,291,992 -- --
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 $1,163 $23,600 $9,400 $14,200
2023 $1,162 $23,600 $9,400 $14,200
2022 $1,122 $23,600 $9,400 $14,200
2021 $1,048 $23,600 $9,400 $14,200
2020 $1,108 $23,600 $9,400 $14,200
2019 $1,110 $23,600 $9,400 $14,200
2018 $1,036 $23,600 $0 $0
2017 $992 $23,600 $0 $0
2016 $943 $23,600 $0 $0
2015 $901 $23,600 $0 $0
2014 $894 $23,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000986924

Bright MLS

APN: 334-20.05-205.01