2 Norfolk St Rehoboth Beach, DE 19971
Estimated Value: $498,309 - $4,362,000
5
Beds
4.5
Baths
3,200
Sq Ft
$906/Sq Ft
Est. Value
Highlights
- Ocean View
- Water Oriented
- Open Floorplan
- Rehoboth Elementary School Rated A
- Building is oceanfront but unit may not have water views
- Coastal Architecture
About This Home
As of November 2023Enjoy excellent ocean views, sunrises, and gentle ocean breezes from almost every angle of this stunning South Rehoboth home. Situated just steps from one of Rehoboth’s most desired beaches and boardwalk, properties in this location are rarely available. This coastal home features 5 bedrooms, 4.5 tastefully updated baths, an inverted floor plan providing stunning ocean views, an abundance of natural light, and open concept perfect for entertaining. The spacious living area includes a gas fireplace, gourmet kitchen, formal dining room, hardwood floors, executive office which could be the 5th bedroom and much more. Exterior features include generous deck space, full bathroom accessed from exterior, large storage room for bikes and beach toys, backyard space, loads covered parking (6+ cars) and more! This home has been enjoyed as a second home but offers excellent rental potential!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RA-0001746 Listed on: 10/18/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,981
Year Built
- Built in 1996
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Building is oceanfront but unit may not have water views
- Landscaped
- Interior Lot
- Sprinkler System
- Cleared Lot
- Property is in excellent condition
- Property is zoned RS
Home Design
- Coastal Architecture
- Reverse Style Home
- Architectural Shingle Roof
- Vinyl Siding
- Piling Construction
- HardiePlank Type
- Stick Built Home
Interior Spaces
- 3,200 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Furnished
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Insulated Windows
- Window Treatments
- Window Screens
- Sliding Doors
- Insulated Doors
- Entrance Foyer
- Family Room Off Kitchen
- Combination Kitchen and Living
- Formal Dining Room
- Ocean Views
- Attic
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on lower level
- Electric Dryer
- Washer
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- 6 Driveway Spaces
- Gravel Driveway
- Off-Street Parking
Accessible Home Design
- Chairlift
Outdoor Features
- Water Oriented
- Property is near an ocean
- Deck
- Wrap Around Porch
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Powered By Leased Propane
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
- Multiple Phone Lines
- Cable TV Available
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-20.06-51.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Nov 28, 2023
Sold by
Eicher John P and Eicher Linda M
Bought by
Clark Gerry Family Trust and Clark
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$3,795,000
Sold Price
$3,845,000
Premium/Discount to List
$50,000
1.32%
Total Days on Market
1
Views
15
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
-$944,564
Avg. Annual Appreciation
-16.93%
Purchase Details
Closed on
Nov 14, 1998
Bought by
Eicher John P and Eicher Linda M
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clark Gerry Family Trust | $3,845,000 | None Listed On Document | |
| Eicher John P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eicher John P | $548,200 | |
| Previous Owner | Eicher John P | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $3,845,000 | +1.3% | $1,202 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | For Sale | $3,795,000 | -- | $1,186 / 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 |
|---|---|---|---|---|
| 2024 | $3,177 | $64,450 | $12,500 | $51,950 |
| 2023 | $2,674 | $64,450 | $12,500 | $51,950 |
| 2022 | $2,563 | $64,450 | $12,500 | $51,950 |
| 2021 | $2,635 | $64,450 | $12,500 | $51,950 |
| 2020 | $2,626 | $64,450 | $12,500 | $51,950 |
| 2019 | $261 | $64,450 | $12,500 | $51,950 |
| 2018 | $2,430 | $64,450 | $0 | $0 |
| 2017 | $2,710 | $64,450 | $0 | $0 |
| 2016 | $2,574 | $64,450 | $0 | $0 |
| 2015 | $2,460 | $64,450 | $0 | $0 |
| 2014 | $2,442 | $64,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
Seller's Agent in 2023
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
203 in this area
392 Total Sales
-
Shaun Tull
Seller Co-Listing Agent in 2023
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
184 in this area
299 Total Sales
-
Lee Ann Wilkinson
Buyer's Agent in 2023
Lee Ann Wilkinson
BHHS PenFed (actual)
(302) 278-6726
235 in this area
1,943 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2048918
APN: 334-20.06-51.01
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