NOT LISTED FOR SALE

172 E Side Dr Rehoboth Beach, DE 19971

Estimated Value: $366,071 - $3,097,000

5 Beds
6 Baths
5,011 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,850,000 $369 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,433/month

Highlights

  • 242 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Rehoboth Elementary School Rated A
  • 2 Dock Slips
  • In Ground Pool

About This Home

As of September 2020

This home has been re-imagined with thoughtful consideration to capture the gorgeous bay and golf course views. The floor plan has been reconfigured and now has a wonderful flow and a modern feel. Freshly painted with handsome floor coverings plus elegant bathrooms and a kitchen to delight any chef makes this offering a stunner and crowd pleaser. Entertain gracefully inside and out with terrific flow for family and guests. It's like your own private resort. The spectacular 1.50 acre homesite features 241' of frontage on the Rehoboth Bay and backs to the 9th green of the Rehoboth Country Club golf course. Some of the other new features include a saltwater pool with security cover and paver patio with fire pit, new roof, new dock with electric, water, boat lift and 2 jet ski lofts, addition added with 1000 sf to include rec room, nanny suite and two oversized garages that are pre-wired to accommodate two car lifts. See special features list.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 08/31/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

Andy Whitescarve Whitescarver

(302) 242-5557 doverrealestate@aol.com RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1996 | Remodeled in 2011

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 301.00 x 150.00
  • 242 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Back Yard Fenced
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned MR

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Bay
  • Golf Course

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 5,011 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Sitting Room
  • Formal Dining Room
  • Game Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Pier
  • Private Water Access
  • Property near a bay
  • Electric Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Multiple Balconies
  • Deck
  • Patio
  • Shed
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Wall Furnace
  • Tankless Water Heater

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 334-19.00-280.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 1996 | Remodeled in 2011

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-08-31
  • Federal Flood Zone: Yes
  • Year Built: 1996
  • Year Renovated: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: This home has been re-imagined with thoughtful consideration to capture the gorgeous bay and golf course views. The floor plan has been reconfigured and now has a wonderful flow and a modern feel. Freshly painted with handsome floor coverings plus elegant bathrooms and a kitchen to delight any chef makes this offering a stunner and crowd pleaser. Entertain gracefully inside and out with terrific flow for family and guests. It's like your own private resort. The spectacular 1.50 acre homesite features 241' of frontage on the Rehoboth Bay and backs to the 9th green of the Rehoboth Country Club golf course. Some of the other new features include a saltwater pool with security cover and paver patio with fire pit, new roof, new dock with electric, water, boat lift and 2 jet ski lofts, addition added with 1000 sf to include rec room, nanny suite and two oversized garages that are pre-wired to accommodate two car lifts. See special features list.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven - Double
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Pantry, Walk-In Closet(s), Window Treatments, Wood Floors, Bar, Kitchen - Gourmet, Primary Bedroom - Bay Front, Upgraded Countertops
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Bedroom 1, Sun/Florida Room, Laundry, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 5011
  • Living Area Sq Ft: 5011
  • Price Per Sq Ft: 396.93
  • Above Grade Finished Sq Ft: 5011
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 172

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built, Frame
  • Exterior Features: Lawn Sprinkler
  • Pool Features: Saltwater, In Ground
  • Roof: Shingle
  • View: Golf Course, Water, Bay
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 242

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry, Oversized, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s), Wall Unit
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 71200.00
  • Land Assessed Value: 18750.00
  • Land Use Code: RS
  • Lot Size Acres: 1.51
  • Lot Dimensions: 301.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65775.60
  • Outdoor Living Structures: Balconies- Multiple, Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: MR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5200759
  • School Tax: 3823.00
  • Tax Annual Amount: 4223.00
  • Assessor Parcel Number: 334-19.00-280.00
  • Tax Lot: 45
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/30/2020

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Sep 30, 2020
Sold by
Awad Mashhoor I and Awad Suha O
Bought by
Hanson Ft
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andy Whitescarve Whitescarver
RE/MAX Realty Group Rehoboth
List Price
$2,249,000
Sold Price
$1,850,000
Premium/Discount to List
-$399,000
-17.74%
Current Estimated Value
$2,084,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,357
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,387,500
Outstanding Balance
$1,215,493
Interest Rate
2.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$868,864

Purchase Details

Closed on
Jun 16, 2011
Bought by
Awad Mashhoor I Suha O Awad

Purchase Details

Closed on
May 13, 2011
Bought by
Awad Mashhoor I Suha O Awad
Source: Public Records

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
Hanson Ft $1,850,000 None Available
Awad Mashhoor I Suha O Awad $1,362,000 --
Awad Mashhoor I Suha O Awad $1,362,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Ft $1,387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,850,000 -7.0% $369 / Sq Ft
08/01/2020 08/01/20 Price Changed $1,989,000 -0.5% $397 / Sq Ft
05/13/2020 05/13/20 Price Changed $1,999,000 -7.0% $399 / Sq Ft
01/24/2020 01/24/20 Price Changed $2,149,000 -4.4% $429 / Sq Ft
08/31/2019 08/31/19 For Sale $2,249,000 -- $449 / 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 $4,357 $81,300 $18,750 $62,550
2024 $4,544 $81,300 $18,750 $62,550
2023 $4,540 $81,300 $18,750 $62,550
2022 $4,382 $81,300 $18,750 $62,550
2021 $4,236 $81,300 $18,750 $62,550
2020 $4,223 $81,300 $18,750 $62,550
2019 $4,229 $81,300 $18,750 $62,550
2018 $3,570 $81,300 $0 $0
2017 $3,419 $81,300 $0 $0
2016 $3,248 $81,300 $0 $0
2015 $3,019 $81,300 $0 $0
2014 $2,997 $79,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146984

Bright MLS

APN: 334-19.00-280.00