NOT LISTED FOR SALE

20359 Thompson Way Rehoboth Beach, DE 19971

Estimated Value: $1,161,000 - $1,964,000

4 Beds
5 Baths
2,260 Sq Ft
$675/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $1,515,000 $670 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,642/month

4 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Panoramic View
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of March 2022

A home like no other in the heart of all Rehoboth Beach has to offer, offering a perfect balance of contemporary coastal style, quality construction, and endless robust living spaces. Inside, superior craftsmanship and substantial finishes include gorgeous wide-plank white oak flooring, meticulous millwork features, designer lighting, feature hardware, and sublime surfaces at every turn. Specifically designed to take full advantage of its supreme location, lofty windows stacked with transoms, and walls of atrium doors were incorporated to bathe each room in natural light, to reveal sumptuous views throughout the home. The foyer unfolds into the great room, anchored by the floor to ceiling fireplace wrapped in cool gray, large format tile, welcoming you to gather while spending time with family and friends. This stunning open floor plan flows seamlessly into the gourmet kitchen featuring an oversized island complete with a dishwasher, stainless apron sink, and breakfast bar, all topped with a crisp-white Quartz counter finished with a waterfall edge. Behind the island, deep blue, custom-built cabinetry provides the perfect contrast to the suite of stainless-steel appliances featuring a microwave and wall oven combo, French door refrigerator, and gas range cooktop. Blue gray linen porcelain tile, laid in a stack bond pattern, is the quintessential backdrop for this extraordinary kitchen, as it leads up the wall to the ceiling further accentuating the stainless-steel range hood. Entertaining options from formal dinner parties to informal meals radiate from the kitchen in the adjacent dining area and out on the 3-seasons porch, both spaces keeping the tranquility of nature in proper view. Retreat, rejuvenate, and rest in the luxurious primary bedroom suite complete with a spacious, spa-like ensuite offering, dual sink vanities, glass stall shower with rain head, private water closet, and gracious walk-in closet outfitted with custom storage solutions for any wardrobe. This extraordinary floor plan includes 2 sizable bedrooms, each with ensuite, one providing direct access for pool guests, both bedrooms are beautifully appointed with design inspired features, making each unique. A large-scaled laundry room with sink and folding area, interior access to the oversized garage, and the perfect powder bath conclude this marvelous home’s layout. The private backyard offers grand-scale entertaining and generous outdoor living opportunities, all framed by mature trees and lush landscaping revealing seasonal blooms to enjoy. Central in this oasis experience is the heated saltwater pool equipped with motorized cover, accessible from just about every area of the home including the guesthouse. Complete with bedroom, half-bath, living area and work-nook, and outdoor shower, this light-filled, studio space will be an inspiring, relaxing spot for your out-of-town visitors. This sensational property offers endless lifestyle options and can accommodate many guests for revenue producing versatility, or a simply spectacular place for family and friends to gather and grow. Thompson House is being sold furnished with a few exclusions, so bring your essentials and start living your best life at the beach.

Last Listed By

Allison Stine

Northrop Realty License #RA-0031128 Listed on: 02/03/2022

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 2018

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Landscaped
  • Extensive Hardscape
  • No Through Street
  • Sprinkler System
  • Back Yard Fenced, Front and Side Yard
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Panoramic
  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,260 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Wood Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Window Treatments
  • Palladian Windows
  • Atrium Windows
  • Transom Windows
  • Window Screens
  • Sliding Doors
  • Atrium Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Flush Toilets
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors with lever handles
  • Doors are 32 inches wide or more

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Outbuilding

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Propane
  • Well
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Guest House

Community Details

  • No Home Owners Association
  • Thompson Way Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 334-19.00-152.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 32"+ Wide Doors, Doors - Lever Handle(s), Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: Artwork in the foyer, 2 bikes in the garage, portable AC and shop vac.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Per sellers disclosures and furnished as shown with exclusion of artwork in the foyer
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: A home like no other in the heart of all Rehoboth Beach has to offer, offering a perfect balance of contemporary coastal style, quality construction, and endless robust living spaces. Inside, superior craftsmanship and substantial finishes include gorgeous wide-plank white oak flooring, meticulous millwork features, designer lighting, feature hardware, and sublime surfaces at every turn. Specifically designed to take full advantage of its supreme location, lofty windows stacked with transoms, and walls of atrium doors were incorporated to bathe each room in natural light, to reveal sumptuous views throughout the home. The foyer unfolds into the great room, anchored by the floor to ceiling fireplace wrapped in cool gray, large format tile, welcoming you to gather while spending time with family and friends. This stunning open floor plan flows seamlessly into the gourmet kitchen featuring an oversized island complete with a dishwasher, stainless apron sink, and breakfast bar, all topped with a crisp-white Quartz counter finished with a waterfall edge. Behind the island, deep blue, custom-built cabinetry provides the perfect contrast to the suite of stainless-steel appliances featuring a microwave and wall oven combo, French door refrigerator, and gas range cooktop. Blue gray linen porcelain tile, laid in a stack bond pattern, is the quintessential backdrop for this extraordinary kitchen, as it leads up the wall to the ceiling further accentuating the stainless-steel range hood. Entertaining options from formal dinner parties to informal meals radiate from the kitchen in the adjacent dining area and out on the 3-seasons porch, both spaces keeping the tranquility of nature in proper view. Retreat, rejuvenate, and rest in the luxurious primary bedroom suite complete with a spacious, spa-like ensuite offering, dual sink vanities, glass stall shower with rain head, private water closet, and gracious walk-in closet outfitted with custom storage solutions for any wardrobe. This extraordinary floor plan includes 2 sizable bedrooms, each with ensuite, one providing direct access for pool guests, both bedrooms are beautifully appointed with design inspired features, making each unique. A large-scaled laundry room with sink and folding area, interior access to the oversized garage, and the perfect powder bath conclude this marvelous home’s layout. The private backyard offers grand-scale entertaining and generous outdoor living opportunities, all framed by mature trees and lush landscaping revealing seasonal blooms to enjoy. Central in this oasis experience is the heated saltwater pool equipped with motorized cover, accessible from just about every area of the home including the guesthouse. Complete with bedroom, half-bath, living area and work-nook, and outdoor shower, this light-filled, studio space will be an inspiring, relaxing spot for your out-of-town visitors. This sensational property offers endless lifestyle options and can accommodate many guests for revenue producing versatility, or a simply spectacular place for family and friends to gather and grow. Thompson House is being sold furnished with a few exclusions, so bring your essentials and start living your best life at the beach.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Dual Flush Toilets, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Hardwood, Partially Carpeted
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Atrium, Double Pane, Energy Efficient, Energy Star Qualified, Insulated, Palladian, Screens, Transom
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Atrium, Energy Star Qualified Door(s), Insulated, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High, Tray Ceilings, Wood Ceilings
  • Foundation Details: Other
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer, Sun/Florida Room, Laundry
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2260
  • Living Area Sq Ft: 2260
  • Price Per Sq Ft: 575.22
  • Above Grade Finished Sq Ft: 2260
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20359

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Hardiplank Type, Stick Built
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outbuilding(s), Outside Shower, Street Lights
  • Pool Features: Fenced, Heated, In Ground
  • Roof: Architectural Shingle, Pitched
  • View: Garden/Lawn, Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Wall Unit
  • Monthly Average Electric: 241
  • Previous Twelve Months Electric Expense: 2891.00
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Gas Avg Month: 50.17
  • Gas Prev12 Months: 602.00
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Monthly Water Average: 40
  • Water Previous Twelve Months: 484.00
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Efficiency: Appliances
  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Privacy, Rear, Vinyl
  • Land Use Code: RS
  • Lot Features: Cul-De-Sac, Front Yard, Landscaping, No Thru Street, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.45
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Outdoor Living Structures: Enclosed, Patio(s), Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 83000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5199915
  • School Tax: 1917.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2117.00
  • Assessor Parcel Number: 334-19.00-152.02
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2260
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/18/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 18, 2022
Sold by
William Elwood Thomas
Bought by
Mp-Btk Real Estate Llc
Seller's Agent
Allison Stine
Northrop Realty
Buyer's Agent
Vincent Walsh
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,300,000
Sold Price
$1,515,000
Premium/Discount to List
$215,000
16.54%
Total Days on Market
4
Current Estimated Value
$1,525,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,397
Avg. Annual Appreciation
0.22%
Original Mortgage
$870,000
Outstanding Balance
$819,343
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$706,054

Purchase Details

Closed on
Jun 11, 2020
Sold by
Hodges Jason M
Bought by
Elwood Thomas W and Sansom-Elwood Kari

Purchase Details

Closed on
Feb 21, 2020
Sold by
Hodges Jason M and Soto Daniel A
Bought by
Hodges Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 7, 2016
Sold by
Eleanor L Thompson Revocable Trust
Bought by
Soto Dnaiel A and Hodges Jason M

Purchase Details

Closed on
Jul 1, 2016
Sold by
Eleanor L Thompson Revocable Trust
Bought by
Soto Dnaiel A and Hodges Jason M

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
Mp-Btk Real Estate Llc $1,450,000 T Carney Sussex Law Llc
Elwood Thomas W $22,150 None Available
Hodges Jason M $5,000 None Available
Soto Dnaiel A $215,000 None Available
Soto Dnaiel A $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp-Btk Real Estate Llc $870,000
Previous Owner Hodges Jason M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,515,000 +16.5% $670 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,300,000 -- $575 / 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 $2,216 $9,750 $9,750 $0
2023 $2,214 $9,750 $9,750 $0
2022 $2,136 $9,750 $9,750 $0
2021 $2,117 $9,750 $9,750 $0
2020 $2,110 $9,750 $9,750 $0
2019 $2,083 $9,750 $9,750 $0
2018 $1,877 $42,750 $0 $0
2017 $410 $9,750 $0 $0
2016 $389 $9,750 $0 $0
2015 $372 $9,750 $0 $0
2014 $369 $9,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2015204

Bright MLS

APN: 334-19.00-152.02