NOT LISTED FOR SALE

14 Palmer Ave Rehoboth Beach, DE 19971

Estimated Value: $560,528 - $7,103,000

4 Beds
3.5 Baths
2,200 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $1,900,000 $864 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $16,926/month

Highlights

  • Water Oriented
  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.23 Acre Lot
  • 3-minute walk to Delaware Seashore State Park

About This Home

As of October 2019

RARE ocean block offering just 3 lots from the surf and sand. Indian Beach is a prestigious community with private beaches, quiet streets, and a very desirable location just a few blocks from restaurants, entertainment and nightlife. The original owners have lovingly maintained this home and are now ready for someone else to create their own memories at the beach. This solidly built contemporary cottage features an inverted open concept floor plan with vaulted ceilings, large picture windows and an expansive great room with a handsome stone-faced wood burning fireplace. Enjoy multiple outdoor living spaces as there are two screened porches off the main level, a deck and a large covered front porch at the entry way. The 100 x 100 wooded lot provides ample privacy, and a circular driveway to accommodate 8 cars, an outdoor shower and storage shed. Indian Beach properties rarely change hands so seize this unique opportunity while you can!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 08/23/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 08/23/2019

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1987

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Partially Wooded Lot
  • Property is zoned MR

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Screened Porch
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Indian Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-98.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

Built in 1987

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Remarks Public: RARE ocean block offering just 3 lots from the surf and sand. Indian Beach is a prestigious community with private beaches, quiet streets, and a very desirable location just a few blocks from restaurants, entertainment and nightlife. The original owners have lovingly maintained this home and are now ready for someone else to create their own memories at the beach. This solidly built contemporary cottage features an inverted open concept floor plan with vaulted ceilings, large picture windows and an expansive great room with a handsome stone-faced wood burning fireplace. Enjoy multiple outdoor living spaces as there are two screened porches off the main level, a deck and a large covered front porch at the entry way. The 100 x 100 wooded lot provides ample privacy, and a circular driveway to accommodate 8 cars, an outdoor shower and storage shed. Indian Beach properties rarely change hands so seize this unique opportunity while you can!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Walk-In Closet(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings, Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Family Room, Great Room, Laundry, Bathroom 3, Primary Bathroom, Half Bath, Screened Porch
  • Basement: No
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 863.64
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 8
  • Parking Features: Gravel Driveway, Circular Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1290.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

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: RS
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s), Porch(es), Balcony
  • Year Assessed: 2018
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205638
  • School Tax: 2441.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2716.00
  • Assessor Parcel Number: 334-23.06-98.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/24/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Kinchelow Gergory M and Kinchelow Farren
Bought by
14 Almer Avenue Llc
Current Estimated Value
$3,000,632

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 24, 2019
Sold by
Harriette S Veirs T
Bought by
Kincheloe Gregory M and Kincheloe Farren
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 10, 2019
Sold by
Veirs Family Llc
Bought by
Harriette S Veirs T
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,900,000
Sold Price
$1,900,000
Source: Public Records

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
14 Almer Avenue Llc -- None Available
Kincheloe Gregory M $1,900,000 --
Harriette S Veirs T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $1,900,000 0.0% $864 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,900,000 -- $864 / 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 $9,630 $61,850 $15,000 $46,850
2024 $6,618 $61,850 $15,000 $46,850
2023 $6,612 $61,850 $15,000 $46,850
2022 $6,393 $61,850 $15,000 $46,850
2021 $3,231 $61,850 $15,000 $46,850
2020 $3,221 $61,850 $15,000 $46,850
2019 $3,204 $61,850 $15,000 $46,850
2018 $2,716 $61,850 $0 $0
2017 $2,601 $61,850 $0 $0
2016 $2,542 $61,850 $0 $0
2015 $2,432 $61,850 $0 $0
2014 $2,414 $61,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2019

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    20 in this area

    832 Total Sales

    DEBBIE REED
    Section Image
  • AMY WARICK

    Seller Co-Listing Agent in 2019

    AMY WARICK

    RE/MAX

    (302) 258-5442

    3 in this area

    92 Total Sales

    AMY WARICK
    Section Image

  • S

    Buyer Co-Listing Agent in 2019

    SANDRA JEFFERSON

    RE/MAX

    (302) 226-2277

    4 Total Sales

    SANDRA JEFFERSON
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU146812

Bright MLS

APN: 334-23.06-98.00

Delaware Sussex County Rehoboth Beach 19971

14 Palmer Ave, Rehoboth Beach, DE

This home is located at 14 Palmer Ave, Rehoboth Beach, DE 19971 since 23 August 2019 and is currently estimated at $3,000,632, approximately $1,363 per square foot. This property was built in 1987. 14 Palmer Ave 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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