NOT LISTED FOR SALE

148 Torquay Ct Rehoboth Beach, DE 19971

Estimated Value: $581,386 - $1,760,000

4 Beds
4.5 Baths
3,496 Sq Ft
$321/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $2,350,000 $672 Per Sq Ft

Current estimated payment $6,719/month

2 Days on Market

Highlights

  • 75 Feet of Waterfront
  • 1 Boat Dock
  • Fishing Allowed
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • 0.53 Acre Lot

About This Home

As of February 2022

This spacious home is situated on the water, on the coveted East Side Dr., in the Rehoboth Beach Yacht and Country Club. With access to the Rehoboth Bay, a fairly large fishing boat can be accommodated by the existing dock. A Mother-in-law suite is over the 3 car garage. The main house and garage sit on a circular driveway on this oversized corner lot, with beautiful mature trees. The home has 4 ample bedrooms each with its own private bathroom. The master bedroom, which is on the first floor, has 2 large walk-in closets, and a sitting room overlooking the water and opening up to a large deck, where stunning sunsets can be savored. There are 2 gas fireplaces, one is in the living room and one is in the library. The kitchen and adjoining breakfast room also share the view and open to the deck. Views, location and ambience is what this home boasts of. Walking and biking are easily enjoyed, in addition, members of RBCC are 2 blocks from the Tennis and Pickleball Courts and the RBCC Club House is just down the street for those who want to enjoy the Pool, Golf and the Bay.

Last Agent to Sell the Property

Karla Draper

Keller Williams Realty Listed on: 01/03/2022

Keller Williams Realty

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 185.00 x 121.00
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • South Facing Home
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned MR

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,496 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Paneling
  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Marble Fireplace
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Circular Driveway

Outdoor Features

  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property near a lagoon
  • Sail
  • Bulkhead
  • Mooring
  • 1 Boat Dock
  • Dock Against Bulkhead
  • Dock made with Treated Lumber
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Metered Propane
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 334-19.00-213.00

Community Details

Overview

  • $250 Capital Contribution Fee
  • Association fees include snow removal
  • $175 Other One-Time Fees
  • Rbycc Poa HOA
  • Rehoboth Beach Yacht And Cc Subdivision
  • Property Manager

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,565

Year Built

Built in 1999

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This spacious home is situated on the water, on the coveted East Side Dr., in the Rehoboth Beach Yacht and Country Club. With access to the Rehoboth Bay, a fairly large fishing boat can be accommodated by the existing dock. A Mother-in-law suite is over the 3 car garage. The main house and garage sit on a circular driveway on this oversized corner lot, with beautiful mature trees. The home has 4 ample bedrooms each with its own private bathroom. The master bedroom, which is on the first floor, has 2 large walk-in closets, and a sitting room overlooking the water and opening up to a large deck, where stunning sunsets can be savored. There are 2 gas fireplaces, one is in the living room and one is in the library. The kitchen and adjoining breakfast room also share the view and open to the deck. Views, location and ambience is what this home boasts of. Walking and biking are easily enjoyed, in addition, members of RBCC are 2 blocks from the Tennis and Pickleball Courts and the RBCC Club House is just down the street for those who want to enjoy the Pool, Golf and the Bay.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven/Range - Electric, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Screens, Sliding, Double Hung
  • Fireplace Features: Marble, Insert, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Double Entry, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Dry Wall, Paneled Walls
  • Foundation Details: Block, Crawl Space, Pilings
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 3496
  • Living Area Sq Ft: 3496
  • Price Per Sq Ft: 629.29
  • Above Grade Finished Sq Ft: 3496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Hardiplank Type, Glass, Stick Built
  • Exterior Features: Gutter System, Lawn Sprinkler, Street Lights, Flood Lights
  • Roof: Asphalt
  • Spa: No
  • View: Water
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Private Access, Sail
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Metered
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA Name: RBYCC-POA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 250.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 193900.00
  • Land Assessed Value: 18500.00
  • Land Use Code: RS
  • Lot Features: Landscaping, Sideyard(s), Rear Yard, Front Yard, Corner, Flood Plain, Bulkheaded
  • Lot Size Acres: 0.53
  • Lot Dimensions: 185.00 x 121.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5200692
  • School Tax: 4134.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4565.00
  • Assessor Parcel Number: 334-19.00-213.00
  • Tax Lot: 5
  • Tax Page Number: 162
  • Tax Total Finished Sq Ft: 1579
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/14/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 8, 2022
Sold by
Stevens Jay M
Bought by
Nevins David H and Nevins Susan
Seller's Agent
Karla Draper
Keller Williams Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$2,200,000
Sold Price
$2,350,000
Premium/Discount to List
$150,000
6.82%
Total Days on Market
2
Current Estimated Value
$1,123,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,226,538
Avg. Annual Appreciation
-19.62%
Original Mortgage
$1,500,000
Outstanding Balance
$1,406,182
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
-$267,903

Purchase Details

Closed on
Jun 4, 2013
Sold by
Bonk Patricia D
Bought by
Bonk Patricia D

Purchase Details

Closed on
May 31, 2013
Sold by
Bonk Patricia D
Bought by
Bonk Patricia D
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
Nevins David H $2,350,000 T Carney Sussex Law Llc
Bonk Patricia D $165,000 --
Bonk Patricia D $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevins David H $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $2,350,000 +6.8% $672 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $2,200,000 -- $629 / 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 $4,779 $96,950 $18,500 $78,450
2023 $4,774 $96,950 $18,500 $78,450
2022 $4,608 $96,950 $18,500 $78,450
2021 $4,165 $96,950 $18,500 $78,450
2020 $4,152 $96,950 $18,500 $78,450
2019 $4,158 $96,950 $18,500 $78,450
2018 $3,858 $96,950 $0 $0
2017 $3,677 $96,950 $0 $0
2016 $3,373 $96,950 $0 $0
2015 $3,200 $96,950 $0 $0
2014 $3,173 $96,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2012306

Bright MLS

APN: 334-19.00-213.00