Seller's Agent in 2021
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
23 in this area
344 Total Sales
131 Chesapeake St Dewey Beach, DE 19971
Estimated Value: $1,743,000 - $2,541,000
5
Beds
3
Baths
2,140
Sq Ft
$1,019/Sq Ft
Est. Value
Highlights
- 58 Feet of Waterfront
- Lake View
- Deck
- Rehoboth Elementary School Rated A
- Coastal Architecture
- Wood Flooring
About This Home
As of November 2021Welcome to 131 Chesapeake Street in the highly desired neighborhood of Rehoboth By The Sea! Situated along the waters edge of Lake Comegys and just 2 blocks from the beach this residence is ready to be your private retreat. A rare offering, this single family home with no ground rent features an open floor plan, hardwood floors, living room with wood burning fireplace, kitchen with an opening to the dining area, spacious screened porch overlooking Lake Comegys and first floor bedroom. The second level boasts an oversized master suite with private deck, vaulted ceiling, walk-in closet and en-suite bath, plus 3 additional bedrooms and full bath. Exterior features include solar panels (leased), an outdoor shower and storage area under the deck for bikes or beach toys. Don’t miss the chance to own this spectacular Dewey Beach home!
Last Agent to Sell the Property
(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/05/2021
Last Buyer's Agent
(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,142
Year Built
- Built in 1989
Lot Details
- 5,070 Sq Ft Lot
- Lot Dimensions are 58.00 x 84.00
- 58 Feet of Waterfront
- Property is zoned TN
Home Design
- Coastal Architecture
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,140 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Wood Burning Fireplace
- Dining Area
- Lake Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Gravel Driveway
Outdoor Features
- Outdoor Shower
- Water Access
- Property is near a lake
- Deck
- Screened Patio
- Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Additional Features
- Solar owned by a third party
- Flood Risk
Community Details
- No Home Owners Association
- Rehoboth By The Sea Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-20.09-176.02
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2021
Closed on
Nov 5, 2021
Sold by
Jenney Marshall T
Bought by
Poff Adam W and Poff Kristen W
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
John Redefer
Rehoboth Bay Realty, Co.
List Price
$2,195,000
Sold Price
$1,756,125
Premium/Discount to List
-$438,875
-19.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,815
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,317,093
Outstanding Balance
$1,207,056
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$972,884
Purchase Details
Listed on
Nov 21, 2020
Closed on
Apr 30, 2021
Sold by
Benjamin F Tompkins Ret
Bought by
Jenny Marshall T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.41%
Original Mortgage
$750,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 21, 1989
Bought by
Tompkins Benjamin F Alicia K Tompki
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Poff Adam W | $1,756,125 | None Available | |
| Jenny Marshall T | $1,500,000 | None Available | |
| Benjamin F Tompkins Ret | -- | None Available | |
| 131 Chesapeake Stree Llc | -- | None Available | |
| Tompkins Benjamin F Alicia K Tompki | $271,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Poff Adam W | $1,317,093 | |
| Previous Owner | Jenny Marshall T | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $1,756,125 | -7.3% | $821 / Sq Ft |
| 08/19/2021 08/19/21 | Price Changed | $1,895,000 | -5.0% | $886 / Sq Ft |
| 07/09/2021 07/09/21 | Price Changed | $1,995,000 | -4.8% | $932 / Sq Ft |
| 07/02/2021 07/02/21 | Price Changed | $2,095,000 | -4.6% | $979 / Sq Ft |
| 06/05/2021 06/05/21 | For Sale | $2,195,000 | +46.3% | $1,026 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $1,500,000 | -6.2% | $750 / Sq Ft |
| 01/21/2021 01/21/21 | Pending | -- | -- | -- |
| 11/21/2020 11/21/20 | For Sale | $1,599,000 | -- | $800 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,391 | $42,050 | $5,500 | $36,550 |
| 2023 | $2,389 | $42,050 | $5,500 | $36,550 |
| 2022 | $2,317 | $42,050 | $5,500 | $36,550 |
| 2021 | $2,299 | $42,050 | $5,500 | $36,550 |
| 2020 | $2,292 | $42,050 | $5,500 | $36,550 |
| 2019 | $2,273 | $42,050 | $5,500 | $36,550 |
| 2018 | $1,847 | $42,050 | $0 | $0 |
| 2017 | $1,768 | $42,050 | $0 | $0 |
| 2016 | $1,708 | $42,050 | $0 | $0 |
| 2015 | $1,633 | $42,050 | $0 | $0 |
| 2014 | $1,622 | $42,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
-
Shaun Tull
Seller Co-Listing Agent in 2021
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
28 in this area
274 Total Sales
-
John Redefer
Buyer's Agent in 2021
John Redefer
Rehoboth Bay Realty, Co.
(302) 542-0375
27 in this area
70 Total Sales
Map
Source: Bright MLS
MLS Number: DESU183746
APN: 334-20.09-176.02
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