NOT LISTED FOR SALE

135 Kingsbridge Rd Rehoboth Beach, DE 19971

Estimated Value: $1,470,000 - $2,084,000

4 Beds
2.5 Baths
2,740 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $1,550,000 $566 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,678/month

3 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Water Access
  • Cape Cod Architecture
  • Rehoboth Elementary School Rated A
  • Canal View
  • 2 Fireplaces

About This Home

As of June 2023

Welcome to the prestigious Rehoboth Beach Yacht & Country Club! Stunning waterfront classic Cape Cod/Saltbox on a partially wooded lot with fantastic views! Canal front home with your own private dock with a boatlift! Get ready to have YOUR BEST SUMMER!! This home has been well maintained and enjoyed by the seller for many years and now is the time to make your own memories with loads of water recreational and fun opportunities! Boat, kayak, jet ski, fish, and catch crabs off of your own private dock. Less than 3 miles to Rehoboth Beach boardwalk. The first floor has 9' ceilings, a kitchen with a large picture window offering unfettered water views, and a peninsula. There is a dinette right beside it, and a step down living room with a fireplace, large windows, a slider to a brick patio and canal views. There is also a dining room with a fireplace for elegant entertaining. There are 4 bedrooms on the second floor. The master suite offers a private balcony overlooking the canal and a spacious sitting room. There is a walk in closet that leads you to the bonus room/bedroom 4 with it's own mini split HVAC and laundry closet. 2 other nice sized bedrooms and a hall bath. There is an elevator in the garage to the bonus room/bedroom 4. This property is sold as is.

Last Agent to Sell the Property

Joseph Larrimore

(302) 270-8499 classicrandb@aol.com Classic Realty Listed on: 04/11/2023

Last Buyer's Agent

Sherri Martin

(302) 226-6622 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100.00 x 127.00
  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned MR

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Saltbox Architecture
  • Frame Construction

Interior Spaces

  • 2,740 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Canal Views
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Private Water Access
  • Property is near a canal

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 334-19.00-918.00

Community Details

Overview

  • $300 Capital Contribution Fee
  • Rehoboth Beach Yacht And CC Subdivision
  • Property Manager

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,034

Year Built

Built in 1986

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box, Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the prestigious Rehoboth Beach Yacht & Country Club! Stunning waterfront classic Cape Cod/Saltbox on a partially wooded lot with fantastic views! Canal front home with your own private dock with a boatlift! Get ready to have YOUR BEST SUMMER!! This home has been well maintained and enjoyed by the seller for many years and now is the time to make your own memories with loads of water recreational and fun opportunities! Boat, kayak, jet ski, fish, and catch crabs off of your own private dock. Less than 3 miles to Rehoboth Beach boardwalk. The first floor has 9' ceilings, a kitchen with a large picture window offering unfettered water views, and a peninsula. There is a dinette right beside it, and a step down living room with a fireplace, large windows, a slider to a brick patio and canal views. There is also a dining room with a fireplace for elegant entertaining. There are 4 bedrooms on the second floor. The master suite offers a private balcony overlooking the canal and a spacious sitting room. There is a walk in closet that leads you to the bonus room/bedroom 4 with it's own mini split HVAC and laundry closet. 2 other nice sized bedrooms and a hall bath. There is an elevator in the garage to the bonus room/bedroom 4. This property is sold as is.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2740
  • Living Area Sq Ft: 2740
  • Price Per Sq Ft: 547.41
  • Above Grade Finished Sq Ft: 2740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 135

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Canal, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Bald Eagle Lagoon
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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 Condo Co-Op Amenities: Common Grounds
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 300.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 999
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5201322
  • School Tax: 1844.00
  • Tax Annual Amount: 2034.00
  • Assessor Parcel Number: 334-19.00-918.00
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/13/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 9, 2023
Sold by
Parker Carol B
Bought by
Feder Eric and Feder Karen A
Seller's Agent
Joseph Larrimore
Classic Realty
Buyer's Agent
Sherri Martin
Jack Lingo - Rehoboth
List Price
$1,499,900
Sold Price
$1,550,000
Premium/Discount to List
$50,100
3.34%
Views
22
Current Estimated Value
$1,770,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,312
Avg. Annual Appreciation
5.95%
Original Mortgage
$1,025,000
Outstanding Balance
$997,591
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$772,721

Purchase Details

Closed on
Jun 18, 1999
Bought by
Parker Robert S and Parker Carol B
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Feder Eric $1,550,000 None Listed On Document
Parker Robert S $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feder Eric $1,025,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $1,550,000 +3.3% $566 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,499,900 -- $547 / 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 $3,327 $42,800 $9,300 $33,500
2024 $2,110 $42,800 $9,300 $33,500
2023 $2,108 $42,800 $9,300 $33,500
2022 $2,034 $42,800 $9,300 $33,500
2021 $2,016 $42,800 $9,300 $33,500
2020 $2,009 $42,800 $9,300 $33,500
2019 $2,012 $42,800 $9,300 $33,500
2018 $1,880 $42,800 $0 $0
2017 $1,800 $42,800 $0 $0
2016 $1,710 $42,800 $0 $0
2015 $1,634 $42,800 $0 $0
2014 $1,622 $42,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2039444

Bright MLS

APN: 334-19.00-918.00