NOT LISTED FOR SALE

131 Chesapeake Dr Rehoboth Beach, DE 19971

Estimated Value: $314,000 - $615,000

3 Beds
2 Baths
1,400 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 14, 2012

Last sale price $175,000 $125 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,510/month

192 Days on Market

Highlights

  • Private Pool
  • Partially Wooded Lot
  • Attic
  • Rehoboth Elementary School Rated A
  • Rambler Architecture
  • Breakfast Area or Nook

About This Home

As of April 2012

Single family home, located in the Community of Beachfield. Residential community with pool. Close to beaches and shopping. Sellers Motivated to Sell.

Last Agent to Sell the Property

Sherry Ternahan

Crowley Associates Realty License #RB-0003229 Listed on: 08/24/2011

Last Buyer's Agent

Nora Martin

NextHome Tomorrow Realty

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • 1984

Lot Details

  • Irregular Lot
  • Partially Wooded Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-478.00

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

1984

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built (Public Record): 1984

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 142.79
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Modular/Manufactured, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1344.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 420.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Lot Features: Irregular, Partly Wooded
  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5193463
  • Assessor Parcel Number: 334-13.00-478.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/14/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Novak Erica and Mcgeer Melissa M
Bought by
Novak Erica
Total Days on Market
192
Current Estimated Value
$428,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$259,338
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$168,778

Purchase Details

Closed on
Nov 25, 2019
Sold by
Mcgeer Melissa M and Novak Erica
Bought by
Mcgeer Melissa M and Novak Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2011
Closed on
Apr 12, 2012
Sold by
Laura Lynn Laura Lynn and Ashley Spence Lana Sue
Bought by
Novak Ierica and Novak Patricia
Seller's Agent
Sherry Ternahan
Crowley Associates Realty
Buyer's Agent
Nora Martin
NextHome Tomorrow Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$148,750
Interest Rate
3.91%
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
Novak Erica -- None Listed On Document
Novak Erica -- None Listed On Document
Mcgeer Melissa M -- None Available
Novak Ierica $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Erica $260,000
Closed Novak Erica $260,000
Previous Owner Mcgeer Melissa M $167,500
Previous Owner Mcgeer Melissa M $130,000
Previous Owner Novak Ierica $148,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2012 04/14/12 Sold $175,000 0.0% $125 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
08/24/2011 08/24/11 For Sale $175,000 -- $125 / 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 $858 $16,950 $3,500 $13,450
2023 $857 $16,950 $3,500 $13,450
2022 $827 $16,950 $3,500 $13,450
2021 $819 $16,950 $3,500 $13,450
2020 $817 $16,950 $3,500 $13,450
2019 $818 $16,950 $3,500 $13,450
2018 $744 $16,950 $0 $0
2017 $713 $16,950 $0 $0
2016 $677 $16,950 $0 $0
2015 $647 $16,950 $0 $0
2014 $642 $16,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Ternahan

    Seller's Agent in 2012

    Sherry Ternahan

    Crowley Associates Realty

    (302) 745-2273

    6 in this area

    11 Total Sales

    Sherry Ternahan
    Section Image
  • Nora Martin

    Buyer's Agent in 2012

    Nora Martin

    NextHome Tomorrow Realty

    (302) 542-0188

    Nora Martin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001335850

Bright MLS

APN: 334-13.00-478.00

Delaware Sussex County Rehoboth Beach 19971

131 Chesapeake Dr, Rehoboth Beach, DE

This home is located at 131 Chesapeake Dr, Rehoboth Beach, DE 19971 since 24 August 2011 and is currently estimated at $428,116, approximately $305 per square foot. This property was built in 1984. 131 Chesapeake Dr is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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