NOT LISTED FOR SALE

Estimated Value: $2,214,137 - $2,788,000

4 Beds
2.5 Baths
2,225 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $2,000,000 $899 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,987/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Deck
  • 2-minute walk to Deer Park

About This Home

As of June 2023

Location is key and this beauty sits on a quiet, tranquil in town street close to everything Rehoboth has to offer. Rare opportunity to purchase in North Rehoboth. The beach and boardwalk only 4 blocks away. Currently a seasonal Rental Property with bookings through the summer of 2023. Great investment property or collect this summers bookings and make it a dream home after the season. Gorgeous open floor plan with updated chefs kitchen open to the dinning area awaiting your culinary master piece. Flowing into large living area with gas fireplace and soaring cathedral ceilings. Deck and outdoor shower in the rear of the home showcasing the quiet tranquil beach life. Wash off the sand and get the grill fired up for dinner. Side screened porch for morning coffee, evening games and beverages or that nap that keeps calling your name. Entry level bedrooms (2) with shared bath. Second floor large primary suite with updated ensuite bath and beautiful tiled walk-in shower. Additional bedroom with extended area for additional beds or a great home office space. Completely new paint in the interior, new carpet in two bedrooms, new bathroom vanities complete freshen up for new market/owner. So many options with this property. Seller is a licensed MD Real Estate sales person.
Professional Photos on the way!!

Last Agent to Sell the Property

David Crider

(301) 814-6944 david.crider@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0036924 Listed on: 05/19/2023

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Shaun Tull

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

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Partially Fenced Property
  • Landscaped
  • Cleared Lot
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,225 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Attic

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Exterior Cameras
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision
  • Property Manager

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 19
  • Assessor Parcel Number 334-14.13-85.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,112

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Antique dresser in front bedroom. Any personal/family pictures and items within locked owners closes.
  • Historic: No
  • Home Warranty: No
  • Inclusions: All furnishings, kitchenware and accessories associated with a vacation rental home.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-05-23
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Location is key and this beauty sits on a quiet, tranquil in town street close to everything Rehoboth has to offer. Rare opportunity to purchase in North Rehoboth. The beach and boardwalk only 4 blocks away. Currently a seasonal Rental Property with bookings through the summer of 2023. Great investment property or collect this summers bookings and make it a dream home after the season. Gorgeous open floor plan with updated chefs kitchen open to the dinning area awaiting your culinary master piece. Flowing into large living area with gas fireplace and soaring cathedral ceilings. Deck and outdoor shower in the rear of the home showcasing the quiet tranquil beach life. Wash off the sand and get the grill fired up for dinner. Side screened porch for morning coffee, evening games and beverages or that nap that keeps calling your name. Entry level bedrooms (2) with shared bath. Second floor large primary suite with updated ensuite bath and beautiful tiled walk-in shower. Additional bedroom with extended area for additional beds or a great home office space. Completely new paint in the interior, new carpet in two bedrooms, new bathroom vanities complete freshen up for new market/owner. So many options with this property. Seller is a licensed MD Real Estate sales person. Professional Photos on the way!!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Dryer - Front Loading, Stainless Steel Appliances, Washer - Front Loading
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Entry Level Bedroom, Ceiling Fan(s), Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 2225
  • Living Area Sq Ft: 2225
  • Price Per Sq Ft: 887.64
  • Above Grade Finished Sq Ft: 2225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 19

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Land Use Code: 999
  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5195943
  • School Tax: 1605.00
  • Tax Annual Amount: 2112.00
  • Assessor Parcel Number: 334-14.13-85.00
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 1044
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/26/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 26, 2023
Sold by
Deeds John F
Bought by
Lewis Management Trust
Seller's Agent
David Crider
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$1,975,000
Sold Price
$2,000,000
Premium/Discount to List
$25,000
1.27%
Views
67
Current Estimated Value
$2,388,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,784
Avg. Annual Appreciation
8.22%
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
Lewis Management Trust $2,000,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $2,000,000 +1.3% $899 / Sq Ft
05/19/2023 05/19/23 For Sale $1,975,000 -- $888 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
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 $3,862 $37,250 $10,000 $27,250
2024 $1,836 $37,250 $10,000 $27,250
2023 $1,834 $37,250 $10,000 $27,250
2022 $1,770 $37,250 $10,000 $27,250
2021 $1,754 $37,250 $10,000 $27,250
2020 $1,749 $37,250 $10,000 $27,250
2019 $1,751 $37,250 $10,000 $27,250
2018 $1,636 $37,250 $0 $0
2017 $1,567 $37,250 $0 $0
2016 $1,488 $37,250 $0 $0
2015 $1,422 $37,250 $0 $0
2014 $1,411 $37,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2040636

Bright MLS

APN: 334-14.13-85.00