NOT LISTED FOR SALE

18 Somerset Rd Rehoboth Beach, DE 19971

Estimated Value: $828,238 - $1,120,000

4 Beds
3 Baths
-- Sq Ft
0.26 Acres

Last Sold December 20, 2013

Last sale price $429,900

Est. 130% increase in value since last sale

Current estimated payment $5,385/month

Highlights

  • Deck
  • Wood Burning Stove
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2013

Well maintained 4BR home with soaring ceilings on both levels and tons of natural sunlight streaming through. Generous rooms include formal dining, living room, first floor bedroom, 2nd floor master with balcony. Wood floors, exposed beams, see thru fireplace. Trek deck, pavered patio, 2 car garage.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/23/2013

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

(302) 363-5734 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 96x123x120x106
  • Partially Fenced Property
  • Landscaped

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-1051.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

Built in 1988

Lot Details

0

HOA Fees

$13 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
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Remarks Public: Well maintained 4BR home with soaring ceilings on both levels and tons of natural sunlight streaming through. Generous rooms include formal dining, living room, first floor bedroom, 2nd floor master with balcony. Wood floors, exposed beams, see thru fireplace. Trek deck, pavered patio, 2 car garage.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 18

Beds/Baths

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

Exterior Features

  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.26
  • Lot Dimensions: 96x123x120x106
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5199261
  • Assessor Parcel Number: 334-19.00-1051.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/20/2013

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2014
Sold by
Joseph L Joseph L
Bought by
Engels Edward and Holzer Michael
Current Estimated Value
$986,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,450
Outstanding Balance
$291,799
Interest Rate
4.24%
Estimated Equity
$695,011
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
Engels Edward $429,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engels Edward $386,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $429,900 0.0% --
11/25/2013 11/25/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $429,900 -- --
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 $1,688 $47,650 $7,150 $40,500
2024 $2,349 $47,650 $7,150 $40,500
2023 $2,347 $47,650 $7,150 $40,500
2022 $2,265 $47,650 $7,150 $40,500
2021 $2,244 $47,650 $7,150 $40,500
2020 $2,237 $47,650 $7,150 $40,500
2019 $2,240 $47,650 $7,150 $40,500
2018 $2,093 $47,650 $0 $0
2017 $2,004 $47,650 $0 $0
2016 $1,875 $46,950 $0 $0
2015 $1,792 $46,950 $0 $0
2014 $1,779 $46,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000973406

Bright MLS

APN: 334-19.00-1051.00