NOT LISTED FOR SALE

Estimated Value: $1,320,000 - $1,431,000

2 Beds
2 Baths
1,050 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $1,175,000 $1,119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,436/month

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage
  • Rehoboth Elementary School Rated A
  • Cottage
  • 2-minute walk to Rehoboth Canal Walk

About This Home

As of August 2022

You will want to see this adorable 2 bedroom cottage featured in the August 2018 Coastal Living Magazine!! Located just a short distance to Downtown Rehoboth Beach and Boardwalk. This home featured a great outdoor space perfect for those warm summer nights, super cozy living room, updated bathrooms and kitchen. This home even has a detached garage perfect for your beach items and extra space for storage.

Last Agent to Sell the Property

Meghan Donovan

(301) 651-5068 meghand.realtor@gmail.com Keller Williams Realty Delmarva License #5005104 Listed on: 05/19/2022

Keller Williams Realty Delmarva

Co-Listed By

Ryan Haley

(443) 880-8078 ryan@ryanhaley.com Atlantic Shores Sotheby's International Realty License #580256

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1948

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Property is zoned TN

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Rubber Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 1,050 Sq Ft Home
  • Property has 1 Level
  • Skylights

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Laundry in Basement

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 334-13.20-200.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: see excluded list
  • Inclusions: See included list
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-19
  • Federal Flood Zone: No
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: You will want to see this adorable 2 bedroom cottage featured in the August 2018 Coastal Living Magazine!! Located just a short distance to Downtown Rehoboth Beach and Boardwalk. This home featured a great outdoor space perfect for those warm summer nights, super cozy living room, updated bathrooms and kitchen. This home even has a detached garage perfect for your beach items and extra space for storage.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Window Features: Skylights
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1050
  • Living Area Sq Ft: 1050
  • Price Per Sq Ft: 1119.05
  • Above Grade Finished Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Cedar, Stick Built
  • Roof: Rubber, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194672
  • School Tax: 567.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 967.00
  • Assessor Parcel Number: 334-13.20-200.00
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/01/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 1, 2022
Sold by
Stover Matthew R
Bought by
Noble Roger B and Noble Jennifer B
Seller's Agent
Meghan Donovan
Keller Williams Realty Delmarva
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,366,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,667
Avg. Annual Appreciation
4.90%
Original Mortgage
$998,000
Outstanding Balance
$949,155
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$417,512

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 17, 2018
Sold by
Huffman Michael and Hnat Patricia
Bought by
Stover Matthew R and Stover Tracy L
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$596,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 21, 2016
Sold by
Mancuso Joan T and Linkins Karen W
Bought by
Huffman Michael and Hnat Patricai
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Amy Doerzbach
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$509,000
Sold Price
$490,000
Premium/Discount to List
-$19,000
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%
Original Mortgage
$338,100
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Bought by
Mancuso Joan T and Linkins Karen W
Source: Public Records

Range of Values:

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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
Noble Roger B $1,175,000 Hudson Jones Jaywork & Fisher
Stover Matthew R $745,000 --
Huffman Michael $490,000 None Available
Mancuso Joan T $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Roger B $998,000
Previous Owner Stover Matthew R $596,000
Previous Owner Huffman Michael $338,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $1,175,000 0.0% $1,119 / Sq Ft
05/19/2022 05/19/22 For Sale $1,175,000 +57.7% $1,119 / Sq Ft
10/17/2018 10/17/18 Sold $745,000 -2.0% $710 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $759,900 -2.5% $724 / Sq Ft
08/20/2018 08/20/18 Price Changed $779,000 -2.5% $742 / Sq Ft
07/24/2018 07/24/18 For Sale $799,000 +63.1% $761 / Sq Ft
07/21/2016 07/21/16 Sold $490,000 -3.7% $613 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $509,000 -- $636 / 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 $2,290 $13,300 $6,250 $7,050
2024 $656 $13,300 $6,250 $7,050
2023 $655 $13,300 $6,250 $7,050
2022 $632 $13,300 $6,250 $7,050
2021 $626 $13,300 $6,250 $7,050
2020 $624 $13,300 $6,250 $7,050
2019 $625 $13,300 $6,250 $7,050
2018 $584 $13,300 $0 $0
2017 $559 $13,300 $0 $0
2016 $531 $13,300 $0 $0
2015 $508 $13,300 $0 $0
2014 $504 $13,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021886

Bright MLS

APN: 334-13.20-200.00