NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,673,000

3 Beds
2.5 Baths
2,918 Sq Ft
$482/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2022

Last sale price $1,000,000 $343 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,878 / mo

3 Days on Market

Highlights

  • Water Oriented
  • Pond View
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.5 Acre Lot
  • Lake Privileges

About This Home

As of December 2022

Welcome to Pine Bay! This home is located just five blocks to the ocean on an oversized half acre lot overlooking the community pond with fountain! Home is 2,918 square feet heated and features welcoming entry foyer, great room with cathedral ceilings & built-ins surrounding fireplace, kitchen with quartz counters, large island, & stainless appliances, dining room, and large 14 x 20 sunroom with mini split hvac overlooking the pond! Featuring a first-floor owners suite with walk-in closet and tile shower. Laundry room and powder room also located on main level. Side load two car garage has extra space with work bench. New 16 x 20 trex deck overlooks the pond and fountain. There is an outdoor shower for after a day at the beach or time fishing on the stocked Pine Bay ponds. Upstairs is a large loft area with bay window that could easily be walled off for bedroom four. Two additional bedrooms, a full bath, and storage/mechanical room complete the second level. Large back yard overlooks pond and has plenty of room for an inground pool or paver patio with firepit! Community pool is located just down the street as well! Pine Bay is an easy walk or bike to the beach or area restaurants and convenient to both Dewey and Rehoboth attractions. Pine Bay community hosts a wonderful July 4th parade and community gatherings at the pool. Start living the beach life today! Take the video tour!

Last Agent to Sell the Property

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/10/2022

Monument Sotheby's International Realty

Last Buyer's Agent

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/10/2022

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1992

Lot Details

  • 21,563 Sq Ft Lot
  • Lot Dimensions are 135x200x134x125
  • Backs To Open Common Area
  • Sprinkler System
  • Partially Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Sliding Windows
  • Window Screens
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Pond Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

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

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near a pond
  • Pond
  • Lake Privileges
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 334-20.00-3.00

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance, snow removal
  • Pine Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1992

Lot Details

0.5 Acres

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Vinyl, Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments
  • Window Features: Bay/Bow, Screens, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Sun/Florida Room, Great Room, Laundry, Loft, Storage Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3766
  • Living Area Sq Ft: 2918
  • Price Per Sq Ft: 410.90
  • Above Grade Finished Sq Ft: 2918
  • Above Grade Unfinished Sq Ft: 848
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Exterior Features: Outside Shower, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Pond
  • Water Access: No
  • Water Body Name: Pine Bay Pond
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 900.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Water/Lake Privileges, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Backs - Open Common Area, Partly Wooded, Pond
  • Lot Size Acres: 0.50
  • Lot Dimensions: 135x200x134x125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21563.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5202251
  • School Tax: 1766.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1949.00
  • Assessor Parcel Number: 334-20.00-3.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 18, 2022
Sold by
Bought by
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$1,299,900
Sold Price
$1,000,000
Premium/Discount to List
-$299,900
-23.07%
Views
48
Current Estimated Value
$1,406,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,210
Avg. Annual Appreciation
9.90%
Original Mortgage
$800,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $1,000,000 -16.6% $343 / Sq Ft
10/17/2022 10/17/22 Price Changed $1,199,000 -7.8% $411 / Sq Ft
09/18/2022 09/18/22 For Sale $1,299,900 0.0% $445 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $1,299,900 -- $445 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,026 $41,000 $7,500 $33,500
2024 $2,339 $41,000 $7,500 $33,500
2023 $2,338 $41,000 $7,500 $33,500
2022 $1,767 $41,000 $7,500 $33,500
2021 $1,849 $41,000 $7,500 $33,500
2020 $1,842 $41,000 $7,500 $33,500
2019 $1,824 $41,000 $7,500 $33,500
2018 $1,401 $41,000 $0 $0
2017 $1,324 $41,000 $0 $0
2016 $1,659 $41,000 $0 $0
2015 $1,586 $41,000 $0 $0
2014 $1,574 $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2028930

Bright MLS

APN: 334-20.00-3.00

Your Personal Tour Guide

Ask me questions while you tour the home.