NOT LISTED FOR SALE

202 New Castle St Rehoboth Beach, DE 19971

Estimated Value: $2,209,000 - $3,009,000

4 Beds
3.5 Baths
2,494 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $1,680,000 $674 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $15,026/month

297 Days on Market

Highlights

  • In Ground Pool
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • 2-minute walk to Stockley Street Park

About This Home

As of August 2019

Rehoboth Beach, Like New, Third Beach Block, With Pool! Take Video Tour! This home is the perfect place to relax and create memories featuring two levels of luxury and smart design! Have an immediate welcoming feel as you enter the front screened porch. Enjoy one of a kind fixtures, bamboo hardwood flooring, new carpet, fully upgraded baths, Plantation shutters, and ceiling fans throughout. Top of the line kitchen with granite countertops, stainless appliances, gas cooktop, wet bar with sink, full sized pantry, huge breakfast bar, and opens to spacious dining and living area with gas fireplace and vaulted ceilings. The back yard is privatized by fencing and lavish landscaping with Knock Out roses being your backdrop as you swim in the 10x20 concrete pool. Yard completely redone with Trex-Like decking, outdoor shower, and provides a resort Like feel. 202 New Castle Street features a master bedroom on main level, a king master suite with balcony overlooking the pool on second level, and 2 additional bedrooms with a shared bath. Perfect for entertaining large groups, not a rental but estimated to be $6,500-$7,000 in weekly rental income, unmetered street, and very short stroll to beach, boardwalk, restaurants, and shops. So many other details! See attached fact sheet. First floor: Beautiful Master Bedroom, Kitchen, Dining Area, Living Area, Screened Porch, Backyard with pool, Second Floor: Deluxe Master Wing with Private Balcony, Over the Top Master Bathroom, Two additional Bedrooms, Full Bathroom

Last Agent to Sell the Property

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023 Listed on: 09/14/2018

Jack Lingo - Rehoboth

Last Buyer's Agent

Elizabeth Barnhart

Monument Sotheby's International Realty License #RS-0022510

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 2004 | Remodeled in 2013

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Downtown Location
  • South Facing Home
  • Landscaped
  • Sprinkler System
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Zoning described as Town Codes

Parking

  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,494 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Poolside Lot
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Screened Patio

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 172.00
  • Assessor Parcel Number 334-20.05-172.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Year Built

Built in 2004 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Year Renovated: 2013
  • Remarks Public: Rehoboth Beach, Like New, Third Beach Block, With Pool! Take Video Tour! This home is the perfect place to relax and create memories featuring two levels of luxury and smart design! Have an immediate welcoming feel as you enter the front screened porch. Enjoy one of a kind fixtures, bamboo hardwood flooring, new carpet, fully upgraded baths, Plantation shutters, and ceiling fans throughout. Top of the line kitchen with granite countertops, stainless appliances, gas cooktop, wet bar with sink, full sized pantry, huge breakfast bar, and opens to spacious dining and living area with gas fireplace and vaulted ceilings. The back yard is privatized by fencing and lavish landscaping with Knock Out roses being your backdrop as you swim in the 10x20 concrete pool. Yard completely redone with Trex-Like decking, outdoor shower, and provides a resort like feel. 202 New Castle Street features a master bedroom on main level, a king master suite with balcony overlooking the pool on second level, and 2 additional bedrooms with a shared bath. Perfect for entertaining large groups, not a rental but estimated to be $6,500-$7,000 in weekly rental income, unmetered street, and very short stroll to beach, boardwalk, restaurants, and shops. So many other details! See attached fact sheet. First floor: Beautiful Master Bedroom, Kitchen, Dining Area, Living Area, Screened Porch, Backyard with pool, Second Floor: Deluxe Master Wing with Private Balcony, Over the Top Master Bathroom, Two additional Bedrooms, Full Bathroom
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Cooktop, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Upgraded Countertops, Wet/Dry Bar, Window Treatments, Wine Storage
  • Window Features: Energy Efficient, Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass, Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Crawl Space, Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Laundry, Primary Bathroom, Screened Porch
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 2494
  • Living Area Sq Ft: 2494
  • Price Per Sq Ft: 691.66
  • Above Grade Finished Sq Ft: 2494
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block
  • Exterior Features: Sidewalks, Underground Lawn Sprinkler, Outside Shower
  • Pool Features: Fenced, In Ground
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Rehoboth Beach
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Fencing: Rear
  • Lot Features: Front Yard, Landscaping, Poolside
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: Q
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 1488.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2053.28
  • Assessor Parcel Number: 334-20.05-172.00
  • Tax Lot: 172.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 08/09/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Aug 9, 2019
Sold by
Boyle Brian and Boyle Sheila
Bought by
Thomas G Paese Ret
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
List Price
$1,725,000
Sold Price
$1,680,000
Premium/Discount to List
-$45,000
-2.61%
Total Days on Market
297
Current Estimated Value
$2,659,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,198
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jul 31, 2012
Sold by
Jeffrey V Jeffrey V and Markley Joan P
Bought by
Boyle Sheila and Boyle Brian
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
List Price
$1,289,000
Sold Price
$1,289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$996,750
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jul 30, 2012
Sold by
Jeffrey V Jeffrey V and Markley Joan P
Bought by
Boyle Sheila and Boyle Brian
Seller's Agent
Christina Haag
Jack Lingo - Rehoboth
Buyer's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
List Price
$1,289,000
Sold Price
$1,289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,750
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 2011
Sold by
Jeffery V Markley And Joan P Markley Tru
Bought by
Markley Jeffery and Markley Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,000
Interest Rate
3.92%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Jeffery V Markley And Joan P Markley Tru
Bought by
Markley Jeffery and Markley Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,000
Interest Rate
3.92%
Source: Public Records

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Range of Values:

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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
Thomas G Paese Ret $1,680,000 --
Boyle Sheila -- --
Boyle Sheila -- --
Markley Jeffery -- --
Markley Jeffery -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas G Paese Ret $1,100,000
Previous Owner Boyle Sheila $996,750
Previous Owner Boyle Sheila $996,750
Previous Owner Markley Jeffery $701,000
Previous Owner Markley Jeffery $701,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $1,680,000 -2.6% $674 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
09/14/2018 09/14/18 For Sale $1,725,000 +33.8% $692 / Sq Ft
07/30/2012 07/30/12 Sold $1,289,000 0.0% $549 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $1,289,000 -- $549 / 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
2024 $1,858 $37,700 $8,750 $28,950
2023 $1,857 $37,700 $8,750 $28,950
2022 $1,792 $37,700 $8,750 $28,950
2021 $1,775 $37,700 $8,750 $28,950
2020 $1,751 $37,700 $8,750 $28,950
2019 $1,773 $37,700 $8,750 $28,950
2018 $1,656 $37,700 $0 $0
2017 $1,585 $37,700 $0 $0
2016 $1,506 $37,700 $0 $0
2015 $1,387 $37,700 $0 $0
2014 $1,377 $36,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003800942

Bright MLS

APN: 334-20.05-172.00