NOT LISTED FOR SALE

Estimated Value: $1,035,000 - $2,587,000

5 Beds
5.5 Baths
2,500 Sq Ft
$809/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $1,615,000 $646 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,054/month

Highlights

  • Water Access
  • New Construction
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Private Pool
  • 4-minute walk to Rehoboth Canal Walk

About This Home

As of February 2022

Rarely available Rehoboth Beach new construction with in-ground pool. This gorgeous 5BR, 4.5B sun filled contemporary boasts a dramatic and open floor plan that will please the most discriminating buyers. Noteworthy features: gourmet stainless & quartz kitchen, wet bar w/wine chiller, Hardie Plank siding, 1st floor laundry, bedroom w/private bath and great room w/coffered ceilings & propane fireplace. The second story includes master w/full bath and 2 walk-in closets, second bedroom with en-suite bath and two additional bedrooms adjoined by a Jack & Jill bath. Recessed lighting throughout, custom moldings, Wainscoting, screened front porch, outdoor shower; basement with wood floors and flush ceiling and more! Convenient location-you are a short walk to restaurants, shops and the beach.

Last Agent to Sell the Property

George Manolakos

(302) 529-2690 georgesells@comcast.net Patterson-Schwartz-Brandywine Listed on: 01/22/2021

Patterson-Schwartz-Brandywine

Co-Listed By

Philip Manolakos

(302) 824-5300 pmanolakos@gmail.com Patterson-Schwartz-Brandywine

Last Buyer's Agent

Sandy Leigh Eigenbrode

(302) 233-1182 Sandy.Leigh1111@gmail.com Century 21 Home Team Realty License #RS-0014538

Century 21 Home Team Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Rough-In Basement Bathroom

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Property is near an ocean

Schools

  • Rehoboth Elementary School
  • Cape Henlo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Built by Evergreene
  • Encampment Grounds Subdivision, Laurel Floorplan

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-211.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,177

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: see attached spec sheet from evergreene builders.
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2021
  • Remarks Public: Rarely available Rehoboth Beach new construction with in-ground pool. This gorgeous 5BR, 4.5B sun filled contemporary boasts a dramatic and open floor plan that will please the most discriminating buyers. Noteworthy features: gourmet stainless & quartz kitchen, wet bar w/wine chiller, Hardie Plank siding, 1st floor laundry, bedroom w/private bath and great room w/coffered ceilings & propane fireplace. The second story includes master w/full bath and 2 walk-in closets, second bedroom with en-suite bath and two additional bedrooms adjoined by a Jack & Jill bath. Recessed lighting throughout, custom moldings, Wainscoting, screened front porch, outdoor shower; basement with wood floors and flush ceiling and more! Convenient location-you are a short walk to restaurants, shops and the beach.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Heated, Poured Concrete, Rough Bath Plumb
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 670.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • High School: CAPE HENLO
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLO

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2019
  • Zoning: RES
  • In City Limits: Yes

Building Info

  • Builder Name: Evergreene

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5194686
  • School Tax: 1971.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2177.00
  • Assessor Parcel Number: 334-13.20-211.00
  • Tax Year: 2019
  • Close Date: 02/15/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 9, 2022
Sold by
Konstantinos Panetis
Bought by
Peters Molly
Seller's Agent
George Manolakos
Patterson-Schwartz-Brandywine
Buyer's Agent
Sandy Leigh Eigenbrode
Century 21 Home Team Realty
List Price
$1,675,000
Sold Price
$1,615,000
Premium/Discount to List
-$60,000
-3.58%
Current Estimated Value
$2,023,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,523
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,120,000
Outstanding Balance
$1,040,005
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$983,518
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Peters Molly $1,615,000 Bonnie M Benson Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Molly $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $1,615,000 -3.6% $646 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,675,000 -- $670 / 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 $3,912 $46,300 $12,500 $33,800
2024 $1,972 $46,300 $12,500 $33,800
2023 $1,970 $46,300 $12,500 $33,800
2022 $1,901 $46,300 $12,500 $33,800
2021 $294 $46,300 $12,500 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU176294

Bright MLS

APN: 334-13.20-211.01