NOT LISTED FOR SALE

15 State Rd Rehoboth Beach, DE 19971

Estimated Value: $1,618,933 - $1,922,000

4 Beds
3.5 Baths
2,548 Sq Ft
$694/Sq Ft Est. Value

Last Sold February 03, 2012

Last sale price $700,000 $275 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $9,543/month

Highlights

  • Beach
  • Contemporary Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • 2-minute walk to Rehoboth Canal Walk

About This Home

As of February 2012

An eye catching, like new, contemporary home Walk Everywhere.You'll have an inviting floor plan w/ living room, family room, formal dining, 2 master bedrooms and 2 add'l bedrooms. The Rehoboth Beach address offers quick access to shopping, restaurants and the beach.

Last Agent to Sell the Property

DERRICK LINGO

derrick@jacklingo.cominactive Jack Lingo - Rehoboth Listed on: 02/01/2011

Co-Listed By

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $997

Year Built

  • Built in 2003

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Landscaped

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,548 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-13.20-201.01

Community Details

Overview

  • No Home Owners Association
  • Encampment Grounds Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$997

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2003
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2548
  • Living Area Sq Ft: 2548
  • Net Sq Ft: 2548.00
  • Price Per Sq Ft: 294.31
  • Above Grade Finished Sq Ft: 2548
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 255.00
  • 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Area: 5000
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 30175.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 997.00
  • Assessor Parcel Number: 334-13.20-201.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2011
Closed on
Feb 6, 2012
Sold by
Richard Richard
Bought by
Levine Robert Allen
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,769,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,483
Avg. Annual Appreciation
6.93%
Original Mortgage
$200,000
Outstanding Balance
$24,308
Interest Rate
3.93%
Estimated Equity
$1,745,175

Purchase Details

Listed on
Feb 1, 2011
Closed on
Feb 3, 2012
Sold by
Richard Richard
Bought by
Levine Robert Allen
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$24,308
Interest Rate
3.93%
Estimated Equity
$1,745,175
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Levine Robert Allen $700,000 --
Levine Robert Allen $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Robert Allen $200,000
Closed Levine Robert Allen $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2012 02/03/12 Sold $700,000 0.0% $275 / Sq Ft
02/01/2011 02/01/11 For Sale $700,000 -- $275 / Sq Ft
01/25/2011 01/25/11 Pending -- -- --
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 $2,830 $18,050 $6,250 $11,800
2024 $890 $18,050 $6,250 $11,800
2023 $889 $18,050 $6,250 $11,800
2022 $858 $18,050 $6,250 $11,800
2021 $850 $18,050 $6,250 $11,800
2020 $847 $18,050 $6,250 $11,800
2019 $849 $18,050 $6,250 $11,800
2018 $793 $18,050 $0 $0
2017 $759 $18,050 $0 $0
2016 $721 $18,050 $0 $0
2015 $689 $18,050 $0 $0
2014 $684 $18,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    DERRICK LINGO

    Jack Lingo - Rehoboth

  • Tracy Kelley

    Seller Co-Listing Agent in 2012

    Tracy Kelley

    Jack Lingo - Rehoboth

    (302) 227-3883

    19 in this area

    30 Total Sales

    Tracy Kelley
    Section Image
  • Bryce Lingo

    Buyer's Agent in 2012

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    325 Total Sales

    Bryce Lingo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000957548

Bright MLS

APN: 334-13.20-201.01

Delaware Sussex County Rehoboth Beach 19971

15 State Rd, Rehoboth Beach, DE

Not Listed for Sale

Detached

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