Seller's Agent in 2023
Molly Bayard
Jack Lingo - Rehoboth
(302) 381-0839
33 in this area
115 Total Sales
2 Melody Ct Rehoboth Beach, DE 19971
Estimated Value: $651,069 - $758,000
3
Beds
2.5
Baths
2,388
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Partially Wooded Lot
- Rambler Architecture
- Corner Lot
- Rehoboth Elementary School Rated A
- Attic
- Community Pool
About This Home
As of February 2023This spacious rancher is located on a large corner mature treed lot in the popular community of Arnell Creek, located less than 5 miles to Rehoboth Beach boardwalk and less than 7 miles to Lewes Beach. With a split floor plan, the owners suite is located on one side of the home and the other two bedrooms are located on the other side of the home, allowing for the utmost privacy for family or guests. The home has an open kitchen and eat in area, as well as a formal dining room if you so desire. The dining room could also be converted into an office/flex room. The living room is adorned with a wood stove and has a separate sitting area. The home has a lovely wraparound deck, perfect for entertaining and loads of fun! There is lots of storage above the garage and an unfinished basement area totaling a little over 600 square feet. Updates include a new architectural asphalt shingle roof in 2016 and a new HVAC system in 2019. The home is purposefully situated on the lot to have a peaceful retreat, no matter what time of the year. The community of Arnell Creek has very low fees of $350/year and you have the usage of the community pool and tennis courts! Plus you have the convenience of shopping, medical, restaurants and area attractions, all without having to encounter the busy summer traffic on Route 1! Sellers have signed a ratified contact with contingencies- Please continue to show this property and sellers will consider any backup offers!
Last Agent to Sell the Property
(302) 381-0839 mbayard929@gmail.com Jack Lingo - Rehoboth License #RS-0022070 Listed on: 09/16/2022
Last Buyer's Agent
(757) 968-3675 brandon.scott@longandfoster.com Long & Foster Real Estate, Inc. License #5011383
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,671
Year Built
- Built in 1995
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 77.00 x 242.00
- Cul-De-Sac
- Corner Lot
- Partially Wooded Lot
- Property is zoned AR-1
HOA Fees
- $29 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Rambler Architecture
- Frame Construction
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 1 Level
- Partially Furnished
- Ceiling Fan
- Skylights
- Fireplace
- Formal Dining Room
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Crawl Space
Schools
- Cape Henlopen High School
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 334-12.00-553.00
Community Details
Overview
- Arnell Creek Subdivision
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2022
Closed on
Feb 16, 2023
Sold by
Coager Donald J
Bought by
Revocable Trust
Seller's Agent
Molly Bayard
Jack Lingo - Rehoboth
Buyer's Agent
Brandon Scott
Long & Foster Real Estate, Inc.
List Price
$780,000
Sold Price
$632,000
Premium/Discount to List
-$148,000
-18.97%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,517
Avg. Annual Appreciation
3.99%
Original Mortgage
$505,600
Outstanding Balance
$489,214
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$211,303
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Revocable Trust | $632,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Revocable Trust | $505,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2023 02/16/23 | Sold | $632,000 | -5.0% | $265 / Sq Ft |
| 09/29/2022 09/29/22 | Price Changed | $665,000 | -14.7% | $278 / Sq Ft |
| 09/16/2022 09/16/22 | For Sale | $780,000 | -- | $327 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,325 | $35,150 | $8,400 | $26,750 |
| 2024 | $1,733 | $35,150 | $8,400 | $26,750 |
| 2023 | $1,731 | $35,150 | $8,400 | $26,750 |
| 2022 | $1,671 | $35,150 | $8,400 | $26,750 |
| 2021 | $1,655 | $35,150 | $8,400 | $26,750 |
| 2020 | $1,650 | $35,150 | $8,400 | $26,750 |
| 2019 | $1,653 | $35,150 | $8,400 | $26,750 |
| 2018 | $1,544 | $35,150 | $0 | $0 |
| 2017 | $1,478 | $35,150 | $0 | $0 |
| 2016 | $1,404 | $35,150 | $0 | $0 |
| 2015 | $1,342 | $35,150 | $0 | $0 |
| 2014 | $1,332 | $35,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Molly Bayard
-
Brandon Scott
Buyer's Agent in 2023
Brandon Scott
Long & Foster
(757) 968-3675
2 in this area
54 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2029298
APN: 334-12.00-553.00
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