Seller's Agent in 2021
DEBBIE REED
RE/MAX
(302) 227-3818
259 in this area
796 Total Sales
15 Oak Ave Rehoboth Beach, DE 19971
Estimated Value: $3,604,841 - $4,380,000
5
Beds
5
Baths
3,500
Sq Ft
$1,138/Sq Ft
Est. Value
Highlights
- Building is oceanfront but unit may not have water views
- Gourmet Kitchen
- Coastal Architecture
- Rehoboth Elementary School Rated A
- Open Floorplan
- 4-minute walk to Lake Gerar Park
About This Home
As of March 2021Sophistication & Style in this gorgeous ocean block retreat offered furnished for your immediate enjoyment. This stunning 3500 square foot home cannot be duplicated under current building restrictions and offers three levels with multiple living areas including a home office as well as ample storage in the lower level. This 2008 Mainstreet Cottage Award winning home offers 3 en-suite bedrooms, 3 fireplaces, a private fenced maintenance free yard with great outdoor spaces and a quintessential old Rehoboth front porch with vinyl tech sliders for three season use. Built with upscale finishes for the discerning buyer: hardwood floors, custom built-ins, 5 burner gas range, Subzero refrigerator and more. Proven rental with weeks booked into the 2021 season.
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/22/2021
Last Buyer's Agent
(240) 274-1219 joe.petrone@sothebysrealty.com Monument Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,520
Year Built
- Built in 2007
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Building is oceanfront but unit may not have water views
- Back Yard Fenced
- Landscaped
- Extensive Hardscape
- Sprinkler System
- Property is in very good condition
- Property is zoned TN
Home Design
- Coastal Architecture
- Cottage
- Architectural Shingle Roof
- Shake Siding
- Stick Built Home
- Cedar
Interior Spaces
- 3,500 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Central Vacuum
- Furnished
- Built-In Features
- Bar
- Ceiling Fan
- Recessed Lighting
- 3 Fireplaces
- Gas Fireplace
- Awning
- Window Treatments
- Great Room
- Family Room
- Dining Room
- Home Office
- Screened Porch
- Storage Room
- Finished Basement
- Sump Pump
- Home Security System
Kitchen
- Gourmet Kitchen
- Butlers Pantry
- Gas Oven or Range
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
- Instant Hot Water
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Stone Driveway
- Parking Permit Included
Outdoor Features
- Outdoor Shower
- Screened Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Tankless Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- North Rehoboth Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 15
- Assessor Parcel Number 334-14.09-198.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2021
Closed on
Mar 11, 2021
Sold by
Pitrone Margaret G
Bought by
Stenerson Todd M and Malia-Stenerson Kimberly
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Joe Petrone
Monument Sotheby's International Realty
List Price
$2,795,000
Sold Price
$2,800,000
Premium/Discount to List
$5,000
0.18%
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
$1,182,947
Avg. Annual Appreciation
7.73%
Original Mortgage
$2,500,000
Outstanding Balance
$2,237,255
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,745,692
Purchase Details
Listed on
Feb 9, 2013
Closed on
Dec 27, 2013
Sold by
Cunningham David J and Cunningham Ann C
Bought by
Pitrone Margaret G
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Marsha White
Crowley Associates Realty
List Price
$2,200,000
Sold Price
$1,980,000
Premium/Discount to List
-$220,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$1,485,000
Interest Rate
4.29%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stenerson Todd M | $2,800,000 | None Available | |
| Pitrone Margaret G | $1,980,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stenerson Todd M | $2,500,000 | |
| Previous Owner | Pitrone Margaret G | $1,485,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2021 03/15/21 | Sold | $2,800,000 | +0.2% | $800 / Sq Ft | |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- | |
| 01/22/2021 01/22/21 | For Sale | $2,795,000 | +41.2% | $799 / Sq Ft | |
| 12/27/2013 12/27/13 | Sold | $1,980,000 | -10.0% | $566 / Sq Ft | View Prior Sale |
| 11/05/2013 11/05/13 | Pending | -- | -- | -- | |
| 02/09/2013 02/09/13 | For Sale | $2,200,000 | -- | $629 / 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 |
|---|---|---|---|---|
| 2025 | $6,175 | $53,050 | $12,500 | $40,550 |
| 2024 | $2,615 | $53,050 | $12,500 | $40,550 |
| 2023 | $2,613 | $53,050 | $12,500 | $40,550 |
| 2022 | $2,521 | $53,050 | $12,500 | $40,550 |
| 2021 | $2,498 | $53,050 | $12,500 | $40,550 |
| 2020 | $2,491 | $53,050 | $12,500 | $40,550 |
| 2019 | $2,494 | $53,050 | $12,500 | $40,550 |
| 2018 | $2,330 | $53,050 | $0 | $0 |
| 2017 | $2,231 | $53,050 | $0 | $0 |
| 2016 | $2,119 | $53,050 | $0 | $0 |
| 2015 | $2,025 | $53,050 | $0 | $0 |
| 2014 | $2,010 | $53,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
Joe Petrone
Buyer's Agent in 2021
Joe Petrone
OCEAN ATLANTIC SOTHEBYS
(240) 274-1219
10 in this area
1,467 Total Sales
-
Brian Barrows
Seller's Agent in 2013
Brian Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 228-0204
134 in this area
376 Total Sales
-
A
Seller Co-Listing Agent in 2013
ANN CUNNINGHAM
OCEAN ATLANTIC SOTHEBYS
-
Marsha White
Buyer's Agent in 2013
Marsha White
Crowley Associates Realty
(302) 245-7418
2 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: DESU175994
APN: 334-14.09-198.00
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