NOT LISTED FOR SALE

Estimated Value: $891,000 - $1,221,000

4 Beds
2.5 Baths
2,746 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $750,000 $273 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,641/month

Highlights

  • 500 Feet of Waterfront
  • Access to Tidal Water
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.48 Acre Lot
  • Coastal Architecture

About This Home

As of August 2021

Waterfront Opportunity! This custom built home is situated in the Old Landing community just minutes from both Rehoboth Beach and Lewes. Overlooking the canal and marina with a .48 acre corner lot, it will not disappoint. The welcoming and open floor plan is full of light with and has room for all. Numerous gathering areas provide plenty of options from the spacious great room with cathedral ceilings , gourmet kitchen with central island workspace, formal dining room, sun room, screened porch, and large maintenance free deck to enjoy the views. The first floor also boasts the roomy main bedroom with ensuite bath featuring whirlpool tub, separate shower, and walk-in closet. On the upper floor you will find an additional 3 generously sized bedrooms with shared full bath and open loft area overlooking the great room below. Some additional features include dual HVAC systems, oversized 2 car garage, gorgeously landscaped and manicured yard, and a quiet location with no thru traffic.

Last Agent to Sell the Property

Andrew Bryan

(302) 242-4328 andrewbryanbrg@gmail.com Bryan Realty Group License #RB-0030961 Listed on: 04/24/2021

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 2004

Lot Details

  • 0.48 Acre Lot
  • 500 Feet of Waterfront
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $4 Monthly HOA Fees

Parking

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

Home Design

  • Coastal Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,746 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Casement Windows
  • Six Panel Doors
  • Water Views

Kitchen

  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Property is near a canal
  • Exterior Lighting

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane Water Heater
  • Cable TV Available

Community Details

  • Old Landing Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,730

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4 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
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Waterfront Opportunity! This custom built home is situated in the Old Landing community just minutes from both Rehoboth Beach and Lewes. Overlooking the canal and marina with a .48 acre corner lot, it will not disappoint. The welcoming and open floor plan is full of light with and has room for all. Numerous gathering areas provide plenty of options from the spacious great room with cathedral ceilings , gourmet kitchen with central island workspace, formal dining room, sun room, screened porch, and large maintenance free deck to enjoy the views. The first floor also boasts the roomy main bedroom with ensuite bath featuring whirlpool tub, separate shower, and walk-in closet. On the upper floor you will find an additional 3 generously sized bedrooms with shared full bath and open loft area overlooking the great room below. Some additional features include dual HVAC systems, oversized 2 car garage, gorgeously landscaped and manicured yard, and a quiet location with no thru traffic.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Oven - Double, Water Heater
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Whirlpool/Hottub, Walk-In Closet(s)
  • Window Features: Casement, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2746
  • Living Area Sq Ft: 2746
  • Price Per Sq Ft: 282.23
  • Above Grade Finished Sq Ft: 2746
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • 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
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Lawn Sprinkler
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 500

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20908.00
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Close Date: 08/06/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 6, 2021
Sold by
Taulane Joan Janet Est
Bought by
Abbruzzese Salvatore and Abbruzzese Karen
Seller's Agent
Andrew Bryan
Bryan Realty Group
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Current Estimated Value
$1,036,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,089
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jan 30, 2003
Bought by
Taulane Janet
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
Abbruzzese Salvatore $750,000 None Available
Taulane Janet $152,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $750,000 -3.2% $273 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $775,000 -3.1% $282 / Sq Ft
05/25/2021 05/25/21 For Sale $799,900 0.0% $291 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $799,900 -- $291 / 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 $1,730 $39,500 $11,200 $28,300
2024 $1,947 $39,500 $11,200 $28,300
2023 $1,945 $39,500 $11,200 $28,300
2022 $1,877 $39,500 $11,200 $28,300
2021 $1,460 $39,500 $11,200 $28,300
2020 $50 $39,500 $11,200 $28,300
2019 $1,457 $39,500 $11,200 $28,300
2018 $1,335 $39,500 $0 $0
2017 $1,261 $39,500 $0 $0
2016 $1,078 $39,500 $0 $0
2015 $1,008 $39,500 $0 $0
2014 $997 $39,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU181724

Bright MLS

APN: 334-22.00-50.00