NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $2,892,000

4 Beds
3 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $1,800,000

Est. 20% increase in value since last sale

Current estimated payment $11,938/month

107 Days on Market

Highlights

  • Second Kitchen
  • Water Oriented
  • Lake View
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 1-minute walk to Lake Gerar Park

About This Home

As of January 2021

Oceanblock Rehoboth Beach home just 9 home sites from the Atlantic Ocean. Located across from iconic Lake Gerar and the playground, this 5 bedroom home features an expansive front sunroom/porch spanning entire wide of home with jalousie windows, easy care flooring, 2 ceiling fans, and wood ceilings. First floor features a living area with gas fireplace, bedroom with built-ins and large closet , galley kitchen with breakfast bar, laundry closet and full bathroom. Second floor has a master bedroom with full bath - and those irreplaceable ocean and lake views - and two other bedrooms with built-in cabinetry and full bath with tub. Rear garage first floor is used for storage and has mechanical room, two storage spaces and key pad access to rear. Second floor is an efficiency apartment with full kitchen and full bath with shower stall. Last year's GRI was $55,377 but that did not include owner block of three weeks, so could be north of $70K. This is truly a remarkable location where you can have the best of all worlds. Steps to the Atlantic Ocean, steps to the Rehoboth Beach boardwalk, steps to the tot lot, steps to Lake Gerar with its open areas & surrounding sidewalk, steps to downtown, and just around the corner from the Gordon's Pond State Park and trail.

Last Agent to Sell the Property

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508 Listed on: 06/26/2020

Jack Lingo - Rehoboth

Co-Listed By

Caitlin Mccarron

(410) 533-8616 caitlin@jacklingo.com Jack Lingo - Rehoboth License #RS-0025283

Last Buyer's Agent

Steve Altshuler

stevealtshuler@gmail.com Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1900

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
  • South Facing Home
  • Picket Fence
  • Privacy Fence
  • Back Yard Fenced
  • Extensive Hardscape
  • Cleared Lot
  • Historic Home
  • Property is in very good condition
  • Property is zoned TN, TN

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Cottage
  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Wood Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Transom Windows
  • Window Screens
  • Double Door Entry
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Efficiency Studio

Kitchen

  • Galley Kitchen
  • Second Kitchen
  • Electric Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-in Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 17
  • Assessor Parcel Number 334-14.13-324.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,867

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage, Traditional
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: Furnishings
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oceanblock Rehoboth Beach home just 9 home sites from the Atlantic Ocean. Located across from iconic Lake Gerar and the playground, this 5 bedroom home features an expansive front sunroom/porch spanning entire wide of home with jalousie windows, easy care flooring, 2 ceiling fans, and wood ceilings. First floor features a living area with gas fireplace, bedroom with built-ins and large closet , galley kitchen with breakfast bar, laundry closet and full bathroom. Second floor has a master bedroom with full bath - and those irreplaceable ocean and lake views - and two other bedrooms with built-in cabinetry and full bath with tub. Rear garage first floor is used for storage and has mechanical room, two storage spaces and key pad access to rear. Second floor is an efficiency apartment with full kitchen and full bath with shower stall. Last year's GRI was $55,377 but that did not include owner block of three weeks, so could be north of $70K. This is truly a remarkable location where you can have the best of all worlds. Steps to the Atlantic Ocean, steps to the Rehoboth Beach boardwalk, steps to the tot lot, steps to Lake Gerar with its open areas & surrounding sidewalk, steps to downtown, and just around the corner from the Gordon's Pond State Park and trail.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer - Front Loading, Energy Star Refrigerator, Energy Star Clothes Washer, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Ceramic Tile, Laminated, Wood
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Efficiency, Entry Level Bedroom, Kitchen - Galley, Bathroom - Stall Shower, Wet/Dry Bar, 2nd Kitchen, Window Treatments
  • Window Features: Double Hung, Transom, Screens, Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm, Double Entry
  • Wall Ceiling Types: Wood Ceilings, Dry Wall, Beamed Ceilings
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Dining Room, Kitchen, Sun/Florida Room
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Masonry, Vinyl Siding
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Outside Shower
  • Roof: Asphalt, Shingle
  • View: Lake, Street, Water, Park/Greenbelt
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels: No
  • Fencing: Partially, Privacy, Picket, Rear
  • Land Use Code: RS
  • Lot Features: Cleared, Road Frontage
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s), Patio(s), Screened, Enclosed
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • Zoning Description: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • School Tax: 1753.00
  • Tax Annual Amount: 2867.00
  • Assessor Parcel Number: 334-14.13-324.00
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/07/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jan 6, 2021
Sold by
Curl Margaret E
Bought by
Mckeone-Mangat Jane M and Mckay Richard C
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Steve Altshuler
Patterson-Schwartz-Newark
List Price
$1,899,900
Sold Price
$1,800,000
Premium/Discount to List
-$99,900
-5.26%
Current Estimated Value
$2,166,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,350
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,440,000
Outstanding Balance
$1,285,205
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$881,145

Purchase Details

Listed on
Aug 14, 2011
Closed on
Feb 15, 2012
Sold by
David D David D
Bought by
Curl Margaret Elaine
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$840,000
Interest Rate
3.88%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mckeone-Mangat Jane M $1,800,000 None Available
Curl Margaret Elaine $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeone-Mangat Jane M $1,440,000
Previous Owner Curl Margaret Elaine $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $1,800,000 -5.3% --
10/11/2020 10/11/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $1,899,900 +5.6% --
10/06/2020 10/06/20 Off Market $1,800,000 -- --
06/26/2020 06/26/20 For Sale $1,899,900 +58.3% --
02/17/2012 02/17/12 Sold $1,200,000 0.0% --
12/19/2011 12/19/11 Pending -- -- --
08/14/2011 08/14/11 For Sale $1,200,000 -- --
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 $5,441 $41,250 $15,000 $26,250
2024 $2,033 $41,250 $15,000 $26,250
2023 $2,031 $41,250 $15,000 $26,250
2022 $1,961 $41,250 $15,000 $26,250
2021 $1,943 $41,250 $15,000 $26,250
2020 $1,937 $41,250 $15,000 $26,250
2019 $1,939 $41,250 $15,000 $26,250
2018 $1,811 $41,250 $0 $0
2017 $1,735 $41,250 $0 $0
2016 $1,648 $41,250 $0 $0
2015 $1,574 $41,250 $0 $0
2014 $1,563 $41,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU163198

Bright MLS

APN: 334-14.13-324.00