NOT LISTED FOR SALE

15 Cardinal Ln Rehoboth Beach, DE 19971

Estimated Value: $662,628 - $3,424,000

5 Beds
5 Baths
3,100 Sq Ft
$755/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $1,300,000 $419 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $20,051/month

182 Days on Market

Highlights

  • Marina
  • Ocean View
  • Private Pool
  • Rehoboth Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of September 2012

Fantastic Value In North Shores! Open & Inverted Floor Plan, Wonderful Screened Porch, Rooftop Deck With Gorgeous Ocean & State Park Views, Fireplace, Built-Ins, Elevator Shaft & More. Over-sized Corner Lot Creating Peaceful & Private Setting Within A Short Walk To The Private Beach & State Park.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 02/02/2012

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Robert Burton

(302) 448-9828 bobburton@northroprealty.com RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 54x119x175x96x146
  • Corner Lot
  • Partially Wooded Lot

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 2 Levels
  • Inverted Floor Plan
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Covered Parking
  • Stone Driveway
  • Off-Street Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-98.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2001
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Ceiling Fan(s), Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Net Sq Ft: 3100.00
  • Price Per Sq Ft: 482.26
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Under Home Parking
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Tennis Courts, Pool - Outdoor, Swimming Pool, Security
  • HOA: Yes

Lot Info

  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.44
  • Lot Dimensions: 54x119x175x96x146
  • Lot Size Units: Acres
  • Lot Sq Ft: 19191.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 55000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-08.17-98.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
Mcculloch Patrick T
Bought by
Aloha Kakou Llc
Current Estimated Value
$3,729,040

Purchase Details

Listed on
Feb 2, 2012
Closed on
Oct 1, 2012
Sold by
Lisa M Giacco Trust Urta Dated 71008 L
Bought by
Mcculloch Patrick T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Robert Burton
RE/MAX Realty Group Rehoboth
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$975,000
Interest Rate
3.59%

Purchase Details

Listed on
Feb 2, 2012
Closed on
Sep 28, 2012
Sold by
Lisa M Giacco Trust Urta Dated 71008 L
Bought by
Mcculloch Patrick T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Robert Burton
RE/MAX Realty Group Rehoboth
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.59%
Source: Public Records
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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
Aloha Kakou Llc -- None Available
Mcculloch Patrick T $1,300,000 --
Mcculloch Patrick T $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcculloch Patrick T $975,000
Previous Owner Mcculloch Patrick T $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $1,300,000 0.0% $419 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $1,300,000 -- $419 / 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 $6,933 $51,500 $10,000 $41,500
2024 $2,538 $51,500 $10,000 $41,500
2023 $2,536 $51,500 $10,000 $41,500
2022 $2,448 $51,500 $10,000 $41,500
2021 $2,425 $51,500 $10,000 $41,500
2020 $2,418 $51,500 $10,000 $41,500
2019 $2,421 $51,500 $10,000 $41,500
2018 $2,262 $51,500 $0 $0
2017 $2,166 $51,500 $0 $0
2016 $2,057 $51,500 $0 $0
2015 $1,966 $51,500 $0 $0
2014 $1,951 $51,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000963936

Bright MLS

APN: 334-08.17-98.00