NOT LISTED FOR SALE

20 Beach Ave Rehoboth Beach, DE 19971

Estimated Value: $3,561,515

6 Beds
8 Baths
4,495 Sq Ft
$792/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $1,955,000 $435 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $19,259/month

293 Days on Market

Highlights

  • Ocean View
  • Beach
  • Deck
  • Rehoboth Elementary School Rated A
  • Spa
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of December 2015

Enjoy Extraordinary Views From This Ocean Block Home Featuring 6BR, 6 Baths, Open Floor Plan, Multiple Living Spaces, Bamboo Floors, Pine Beams, Gourmet Kitchen, Elevator, Covered Porches, Rooftop Deck w/ Hot Tub & Much More! All w/in Steps Of Beach. Private Beach Community - North Indian Beach!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 12/20/2014

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Jamie Masten

(302) 422-1850 jamie@mastenrealty.com MASTEN REALTY LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,495 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Inverted Floor Plan
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Storage Room
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Six Burner Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Parking

  • Covered Parking
  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-23.06-88.00

Community Details

Overview

  • Indian Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Wall, Six Burner Stove, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Ceiling Fan(s), Elevator, Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Great Room, Laundry, Loft, Storage Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4495
  • Living Area Sq Ft: 4495
  • Net Sq Ft: 4495.00
  • Price Per Sq Ft: 478.31
  • Above Grade Finished Sq Ft: 4495
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Under Home Parking
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1750.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 60x80
  • Lot Size Units: Acres
  • Lot Sq Ft: 4800.00
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 105000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-23.06-88.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2014
Closed on
Dec 16, 2015
Sold by
Brackenville Enterprises Llc
Bought by
Masten Robert Masten A and Masten Elizabeth F
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Jamie Masten
MASTEN REALTY LLC
List Price
$1,955,000
Sold Price
$1,955,000
Current Estimated Value
$3,561,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,515
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,000,000
Outstanding Balance
$419,344
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$3,142,171

Purchase Details

Listed on
Feb 21, 2011
Closed on
Aug 17, 2012
Sold by
Carol Greogory R Greogory R and Carol Lazzroni Mary
Bought by
Brackenville Enterprise Lp
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,795,000
Sold Price
$1,795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%

Purchase Details

Listed on
Feb 21, 2011
Closed on
Aug 2, 2012
Sold by
Carol Greogory R Greogory R and Carol Lazzroni Mary
Bought by
Brackenville Enterprise Lp
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,795,000
Sold Price
$1,795,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masten Robert Masten A $1,955,000 None Available
Brackenville Enterprise Lp -- --
Brackenville Enterprise Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masten Robert Masten A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2015 12/16/15 Sold $1,955,000 0.0% $435 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
12/20/2014 12/20/14 For Sale $1,955,000 +8.9% $435 / Sq Ft
08/03/2012 08/03/12 Sold $1,795,000 0.0% $399 / Sq Ft View Prior Sale
04/12/2012 04/12/12 Pending -- -- --
02/21/2011 02/21/11 For Sale $1,795,000 -- $399 / 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 $4,764 $73,000 $9,650 $63,350
2024 $3,917 $73,000 $9,650 $63,350
2023 $3,914 $73,000 $9,650 $63,350
2022 $3,788 $73,000 $9,650 $63,350
2021 $3,756 $73,000 $9,650 $63,350
2020 $3,745 $73,000 $9,650 $63,350
2019 $3,728 $73,000 $9,650 $63,350
2018 $3,206 $73,000 $0 $0
2017 $3,070 $73,000 $0 $0
2016 $2,959 $73,000 $0 $0
2015 $2,829 $73,000 $0 $0
2014 $2,808 $73,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000987810

Bright MLS

APN: 334-23.06-88.00