NOT LISTED FOR SALE

122 Philadelphia St Unit 8 Rehoboth Beach, DE 19971

Estimated Value: $971,000 - $1,643,000

3 Beds
2.5 Baths
2,100 Sq Ft
$645/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $730,000 $348 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,663/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Loft
  • Rehoboth Elementary School Rated A
  • Attic
  • Furnished

About This Home

As of September 2016

Less Than 2 Blocks To The Beach!! Sunny END UNIT Townhome with proven rental history. Tons of natural light fill this 3 bedroom unit plus 2 bed loft area. The 1st floor includes eat-in kitchen with pantry, dining room with large built-in wet bar, Living Room with wall-to-wall built ins, hardwood floors, wood pellet stove & a half bath. Open up the sliders to the rear patio - a great space for summer BBQs. 2nd floor includes a large master bedroom with its own deck, walk-in closet, sky lights and en suite bath. Two guest bedrooms, a full bath with washer/dryer complete the 2nd floor. Additional BONUS: Large loft area that sleeps 2 and has its own heating/cooling system. This townhome includes an enclosed, private Outdoor Shower and tons of exterior storage for all your beach essentials. 2 assigned off-street parking spaces make life easier for your guests & tenants. Sold furnished and ready-to-go. Buy before the 2016 summer rentals arrive and enjoy earning income right away!

Last Agent to Sell the Property

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 03/25/2016

Long & Foster Real Estate, Inc.

Co-Listed By

VIRGINIA EGAN

(302) 227-2541 virginia@lnf.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 03/25/2016

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1982

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Loft
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-540.00-C-8

Community Details

Overview

  • Philadelphia Square Community
  • South Rehoboth Subdivision

Additional Features

  • Trash Expense $275
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,729

Year Built

Built in 1982

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1982
  • Remarks Public: Less Than 2 Blocks To The Beach!! Sunny END UNIT Townhome with proven rental history. Tons of natural light fill this 3 bedroom unit plus 2 bed loft area. The 1st floor includes eat-in kitchen with pantry, dining room with large built-in wet bar, Living Room with wall-to-wall built ins, hardwood floors, wood pellet stove & a half bath. Open up the sliders to the rear patio - a great space for summer BBQs. 2nd floor includes a large master bedroom with its own deck, walk-in closet, sky lights and en suite bath. Two guest bedrooms, a full bath with washer/dryer complete the 2nd floor. Additional BONUS: Large loft area that sleeps 2 and has its own heating/cooling system. This townhome includes an enclosed, private Outdoor Shower and tons of exterior storage for all your beach essentials. 2 assigned off-street parking spaces make life easier for your guests & tenants. Sold furnished and ready-to-go. Buy before the 2016 summer rentals arrive and enjoy earning income right away!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Pantry, Ceiling Fan(s), Exposed Beams, Skylight(s), Wet/Dry Bar, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Net Sq Ft: 2100.00
  • Price Per Sq Ft: 375.71
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 122

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Sidewalks
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Assigned, Paved Driveway
  • Number Of Parking Spaces Included: 2-Car Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 4300.00
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Patio(s)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1729.00
  • Assessor Parcel Number: 334-14.17-540.00-C-8
  • County Tax Payment Frequency: Annually
  • Close Date: 09/23/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Sep 26, 2016
Sold by
Paullin Jeffrey S
Bought by
Neimeyer Mary L and Neimeyer Terry F
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
List Price
$789,000
Sold Price
$730,000
Premium/Discount to List
-$59,000
-7.48%
Current Estimated Value
$1,354,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,115
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Wood Newlin E
Bought by
Pullin Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,600
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
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
Neimeyer Mary L $730,000 None Available
Pullin Jeffrey S $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pullin Jeffrey S $519,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $730,000 -7.5% $348 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $789,000 -- $376 / 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 $1,513 $32,950 $0 $32,950
2024 $1,740 $32,950 $0 $32,950
2023 $1,738 $32,950 $0 $32,950
2022 $1,678 $32,950 $0 $32,950
2021 $1,662 $32,950 $0 $32,950
2020 $1,657 $32,950 $0 $32,950
2019 $1,660 $32,950 $0 $32,950
2018 $1,550 $35,300 $0 $0
2017 $1,485 $35,300 $0 $0
2016 $1,410 $35,300 $0 $0
2015 $1,347 $35,300 $0 $0
2014 $1,337 $35,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Kogler Team

    Seller's Agent in 2016

    Mike Kogler Team

    Long & Foster

    (302) 227-2541

    37 in this area

    96 Total Sales

    Mike Kogler Team
    Section Image

  • V

    Seller Co-Listing Agent in 2016

    VIRGINIA EGAN

    Long & Foster

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001015288

Bright MLS

APN: 334-14.17-540.00-C-8

Delaware Sussex County Rehoboth Beach 19971

122 Philadelphia St Unit 8, Rehoboth Beach, DE

This home is located at 122 Philadelphia St Unit 8, Rehoboth Beach, DE 19971 since 25 March 2016 and is currently estimated at $1,354,115, approximately $644 per square foot. This property was built in 1982. 122 Philadelphia St Unit 8 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes