NOT LISTED FOR SALE

18210 Fairway Dr Unit 15 Rehoboth Beach, DE 19971

Estimated Value: $777,158 - $1,001,000

4 Beds
2 Baths
2,582 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $534,990 $207 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,049/month

59 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Loft

About This Home

As of March 2017

Model Home Leaseback! Guaranteed $3,500/mo. for 1 year. Features 2-car side entry garage, rear covered porch, open floor plan with 5" hardwood flooring throughout living areas. Gourmet kitchen w/beverage center. 2-story great room with coffered ceilings and custom area rugs & window treatments! The Woods At Arnell Creek is an intimate community of just 32 home sites located off of the Arnell Creek in Rehoboth Beach. $7k towards closing costs! County taxes TBD. Irrigation included. Homes will feature asphalt driveways. Some lots will require flood insurance. Initial Buyer Capital Contribution of $250 at Settlement.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 11/15/2016

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 76.35 x 100
  • Landscaped
  • Sprinkler System
  • Zoning described as RESIDENTIAL PLANNED COMM.

HOA Fees

  • $129 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,582 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Insulated Windows
  • Window Screens
  • Great Room
  • Breakfast Room
  • Den
  • Loft

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Dehumidifier
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater

Community Details

  • Woods At Arnell Creek Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-18.00-83.14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 2016

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Craftsman
  • 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: 2016
  • Remarks Public: Model Home Leaseback! Guaranteed $3,500/mo. for 1 year. Features 2-car side entry garage, rear covered porch, open floor plan with 5" hardwood flooring throughout living areas. Gourmet kitchen w/beverage center. 2-story great room with coffered ceilings and custom area rugs & window treatments! The Woods At Arnell Creek is an intimate community of just 32 home sites located off of the Arnell Creek in Rehoboth Beach. $7k towards closing costs! County taxes TBD. Irrigation included. Homes will feature asphalt driveways. Some lots will require flood insurance. Initial Buyer Capital Contribution of $250 at Settlement.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven - Wall, Range Hood, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Pantry, Entry Level Bedroom
  • Window Features: Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Primary Bedroom, Kitchen, Den, Breakfast Room, Great Room, Laundry, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2582
  • Living Area Sq Ft: 2582
  • Net Sq Ft: 2582.00
  • Price Per Sq Ft: 209.14
  • Above Grade Finished Sq Ft: 2582
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18210

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Stone, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • 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: Dehumidifier, Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 1548.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.17
  • Lot Dimensions: 76.35 X 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 7405.00
  • Zoning Description: RESIDENTIAL PLANNED COMM.

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-18.00-83.14
  • County Tax Payment Frequency: Annually
  • Close Date: 03/03/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Scott Michael
Bought by
Selbiger Mitchell I and Bergeron Jody C
Current Estimated Value
$906,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$213,076
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$693,714

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jan 30, 2017
Sold by
Nvr Inc
Bought by
Scott Michael
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$559,990
Sold Price
$534,990
Premium/Discount to List
-$25,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$400,700
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2016
Sold by
Main Street Homes At Sussex Llc
Bought by
Nvr Inc
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
Selbiger Mitchell I $493,000 --
Scott Michael $534,490 None Available
Nvr Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selbiger Mitchell I $250,000
Previous Owner Scott Michael $400,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $534,990 -4.5% $207 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $559,990 -- $217 / 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 $1,359 $45,400 $5,500 $39,900
2024 $1,844 $45,400 $5,500 $39,900
2023 $1,842 $45,400 $5,500 $39,900
2022 $2,158 $45,400 $5,500 $39,900
2021 $2,138 $45,400 $5,500 $39,900
2020 $2,131 $45,400 $5,500 $39,900
2019 $2,135 $45,400 $5,500 $39,900
2018 $1,994 $45,400 $0 $0
2017 $1,909 $45,400 $0 $0
2016 $220 $5,500 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001199814

Bright MLS

APN: 334-18.00-971.00