NOT LISTED FOR SALE

Estimated Value: $1,012,537 - $1,389,000

3 Beds
3.5 Baths
3,000 Sq Ft
$401/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $575,000 $192 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,655/month

Highlights

  • Water Access
  • Lake View
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Lake Privileges
  • Vaulted Ceiling

About This Home

As of April 2016

Welcome to Pine Bay - a waterfront community on the Rehoboth Bay with community pool, stocked fishing ponds, & six blocks to the ocean! Discover a great room with soaring ceilings, hardwood floors, & fireplace, a game room with pool table, three season room, eat-in kitchen, & formal dining room! First level features a bedroom and full bath too. Second level has master suite with sunroom overlooking the pond and large bathroom with tub and shower. Also, an additional master suite on second level. Large 3,000 square foot heated home could not be reproduced in this neighborhood at this price. Walk to Dewey restaurants and attractions and take the Jolley Trolley to Rehoboth. Perfect location nestled between the Rehoboth Bay and Atlantic ocean. Furnished & ready for you to start enjoying beach life today!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 04/01/2015

Monument Sotheby's International Realty

Last Buyer's Agent

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98x130x100x131
  • Landscaped
  • Partially Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer
  • Laundry Chute

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Lake Privileges

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.00-4.00

Community Details

Overview

  • Pine Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 1991

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1991
  • Remarks Public: Welcome to Pine Bay - a waterfront community on the Rehoboth Bay with community pool, stocked fishing ponds, & six blocks to the ocean! Discover a great room with soaring ceilings, hardwood floors, & fireplace, a game room with pool table, three season room, eat-in kitchen, & formal dining room! First level features a bedroom and full bath too. Second level has master suite with sunroom overlooking the pond and large bathroom with tub and shower. Also, an additional master suite on second level. Large 3,000 square foot heated home could not be reproduced in this neighborhood at this price. Walk to Dewey restaurants and attractions and take the Jolley Trolley to Rehoboth. Perfect location nestled between the Rehoboth Bay and Atlantic ocean. Furnished & ready for you to start enjoying beach life today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Microwave, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Pantry, Entry Level Bedroom, Ceiling Fan(s), Laundry Chute, Whirlpool/Hottub, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Sun/Florida Room, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 199.93
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Cable, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.29
  • Lot Dimensions: 98x130x100x131
  • Lot Size Units: Acres

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202262
  • Assessor Parcel Number: 334-20.00-4.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/22/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 22, 2016
Sold by
Farrington Ronald J and Farrington Ruth T
Bought by
Lontor Suzanne L
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$1,201,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,634
Avg. Annual Appreciation
8.12%
Original Mortgage
$402,500
Outstanding Balance
$320,939
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$880,695

Purchase Details

Closed on
Jan 30, 1993
Bought by
Farrington Ronald J and Farrington Ruth T
Source: Public Records

Range of Values:

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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
Lontor Suzanne L $575,000 None Available
Farrington Ronald J $173,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lontor Suzanne L $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $575,000 0.0% $192 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $575,000 -- $192 / 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 $2,809 $40,850 $7,500 $33,350
2024 $2,357 $40,850 $7,500 $33,350
2023 $2,355 $40,850 $7,500 $33,350
2022 $2,284 $40,850 $7,500 $33,350
2021 $2,266 $40,850 $7,500 $33,350
2020 $2,259 $40,850 $7,500 $33,350
2019 $2,217 $40,850 $7,500 $33,350
2018 $1,794 $40,850 $0 $0
2017 $1,718 $40,850 $0 $0
2016 $1,653 $40,850 $0 $0
2015 $1,580 $40,850 $0 $0
2014 $1,569 $40,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001004550

Bright MLS

APN: 334-20.00-4.00