NOT LISTED FOR SALE

13 Somerset Rd Rehoboth Beach, DE 19971

Estimated Value: $916,274 - $1,076,000

4 Beds
2.5 Baths
2,770 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $566,000 $204 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,487/month

316 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of August 2017

BEST VALUE! YOU CAN'T BEAT THIS GREAT NEW PRICE! Pristine, Russ Palmer custom built home with four bedrooms, two full baths and powder room offered for sale by the original owner. This immaculate home is the perfect setting for gatherings of family & friends and everyday enjoyment. A gracious two story foyer and living room with gas fireplace, private screened porch, formal dining room, chef?s kitchen with stainless steel appliances and granite countertops, first floor owner?s suite with luxury bath, oversized two car garage and beautifully landscaped grounds with irrigation system are only a few of the many special features of this extraordinary home. Ideally located on one of the best streets in Rehoboth Beach Yacht and Country Club. Skip Route 1 and stroll to Fresh Market and the brand new Blue Coast for dinner or hop on your bike for an easy ride to downtown Rehoboth Beach and the Boardwalk.

Last Agent to Sell the Property

Bill Abbott

Monument Sotheby's International Realty Listed on: 08/16/2016

Last Buyer's Agent

Andy Staton

Monument Sotheby's International Realty License #RS-0016036

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 2001

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Sprinkler System
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,770 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Monitored
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Rehoboth Beach Yacht And Cc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-1036.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 2001

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Remarks Public: BEST VALUE! YOU CAN'T BEAT THIS GREAT NEW PRICE! Pristine, Russ Palmer custom built home with four bedrooms, two full baths and powder room offered for sale by the original owner. This immaculate home is the perfect setting for gatherings of family & friends and everyday enjoyment. A gracious two story foyer and living room with gas fireplace, private screened porch, formal dining room, chef?s kitchen with stainless steel appliances and granite countertops, first floor owner?s suite with luxury bath, oversized two car garage and beautifully landscaped grounds with irrigation system are only a few of the many special features of this extraordinary home. Ideally located on one of the best streets in Rehoboth Beach Yacht and Country Club. Skip Route 1 and stroll to Fresh Market and the brand new Blue Coast for dinner or hop on your bike for an easy ride to downtown Rehoboth Beach and the Boardwalk.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven - Double, Oven - Wall, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2770
  • Living Area Sq Ft: 2770
  • Net Sq Ft: 2770.00
  • Price Per Sq Ft: 209.03
  • Above Grade Finished Sq Ft: 2770
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.30
  • Lot Size Units: Acres
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5199244
  • Assessor Parcel Number: 334-19.00-1036.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/18/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Aug 16, 2017
Sold by
Terry Lee Jones Rev Trust Dated Jan 7 20
Bought by
Caffier Linda and Caffier Roger
Seller's Agent
Bill Abbott
Monument Sotheby's International Realty
Buyer's Agent
Andy Staton
Monument Sotheby's International Realty
List Price
$619,000
Sold Price
$566,000
Premium/Discount to List
-$53,000
-8.56%
Total Days on Market
316
Current Estimated Value
$1,000,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,569
Avg. Annual Appreciation
7.63%
Original Mortgage
$452,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Jones Terry Lee
Bought by
Jones Terry Lee

Purchase Details

Closed on
Apr 12, 2013
Sold by
Jones Terry Lee
Bought by
Jones Terry Lee

Purchase Details

Closed on
Jan 17, 2012
Sold by
Joseph Joseph
Bought by
Mcnally Joseph F and Jones Terry Lee

Purchase Details

Closed on
Jan 12, 2012
Sold by
Joseph Joseph
Bought by
Mcnally Joseph F and Jones Terry Lee
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 Buyer Sale Price Title Company
Caffier Linda $566,000 None Available
Jones Terry Lee -- --
Jones Terry Lee -- --
Mcnally Joseph F -- --
Mcnally Joseph F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caffier Linda $425,500
Closed Caffier Linda $452,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $566,000 -8.6% $204 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
08/16/2016 08/16/16 For Sale $619,000 -- $223 / 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
2024 $1,949 $39,550 $8,400 $31,150
2023 $1,948 $39,550 $8,400 $31,150
2022 $1,880 $39,550 $8,400 $31,150
2021 $1,862 $39,550 $8,400 $31,150
2020 $1,857 $39,550 $8,400 $31,150
2019 $1,860 $39,550 $8,400 $31,150
2018 $1,737 $39,550 $0 $0
2017 $1,263 $39,550 $0 $0
2016 $1,580 $39,550 $0 $0
2015 $1,510 $39,550 $0 $0
2014 $1,495 $39,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001020790

Bright MLS

APN: 334-19.00-1036.00