NOT LISTED FOR SALE

16 Far View Rd Rehoboth Beach, DE 19971

Estimated Value: $1,508,000 - $4,375,000

9 Beds
4.5 Baths
3,477 Sq Ft
$767/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $1,150,000 $331 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $15,286/month

867 Days on Market

Highlights

  • Marina
  • Water Access
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Private Pool
  • Property borders a national or state park

About This Home

As of July 2017

Outstanding North Shores location! Live just steps away from private guarded beach & enjoy peaceful serenity of Cape Henlopen State Park. Multiple levels allow for privacy & plenty of space for guests. Recently updated kitchen, elevator, expansive decks & porches. Excellent rental with built-in income

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 12/20/2014

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 12/20/2014

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 89x240x87x174
  • Property borders a national or state park
  • Wooded Lot

HOA Fees

  • $188 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,477 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Storm Windows

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-47.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,326

Year Built

Built in 1969

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Remarks Public: Outstanding North Shores location! Live just steps away from private guarded beach & enjoy peaceful serenity of Cape Henlopen State Park. Multiple levels allow for privacy & plenty of space for guests. Recently updated kitchen, elevator, expansive decks & porches. Excellent rental with built-in income
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Island, Ceiling Fan(s), Elevator, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3477
  • Living Area Sq Ft: 3477
  • Net Sq Ft: 3477.00
  • Price Per Sq Ft: 372.45
  • Above Grade Finished Sq Ft: 3477
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 9
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • 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: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Pool - Outdoor, Swimming Pool, Security, Tennis Courts
  • HOA: Yes

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.38
  • Lot Dimensions: 89x240x87x174
  • Lot Size Units: Acres
  • Lot Sq Ft: 16759.00
  • Outdoor Living Structures: Porch(es), Screened

Rental Info

  • Total Actual Rent: 35000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-08.17-47.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/06/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2018
Sold by
Eiel Richard H and Eiel Deborah
Bought by
Sixteen Fairview Llc
Current Estimated Value
$2,667,706

Purchase Details

Listed on
Dec 20, 2014
Closed on
Jul 6, 2017
Sold by
Nine Cedar Ventures Llc A Delaware Limit
Bought by
Eiel Deborah and Eiel Richard H
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$920,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1991
Bought by
Nine Cedar Ventures Llc
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
Sixteen Fairview Llc -- --
Eiel Deborah $1,150,000 None Available
Nine Cedar Ventures Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Chase Bank Na $880,000
Previous Owner Eiel Deborah $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $1,150,000 0.0% $331 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
12/20/2014 12/20/14 For Sale $1,150,000 -- $331 / 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 $2,326 $47,200 $10,000 $37,200
2023 $2,324 $47,200 $10,000 $37,200
2022 $2,243 $47,200 $10,000 $37,200
2021 $2,223 $47,200 $10,000 $37,200
2020 $2,216 $47,200 $10,000 $37,200
2019 $2,219 $47,200 $10,000 $37,200
2018 $2,073 $47,200 $0 $0
2017 $1,985 $47,200 $0 $0
2016 $1,885 $47,200 $0 $0
2015 $1,802 $47,200 $0 $0
2014 $1,788 $47,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000987850

Bright MLS

APN: 334-08.17-47.00