NOT LISTED FOR SALE

20362 State Rd Rehoboth Beach, DE 19971

Estimated Value: $847,918 - $1,261,000

2 Beds
1 Bath
-- Sq Ft
0.5 Acres

Last Sold May 21, 2021

Last sale price $625,000

Est. 70% increase in value since last sale

Current estimated payment $5,772/month

Highlights

  • 0.5 Acre Lot
  • Contemporary Architecture
  • Heating System Uses Oil
  • Rehoboth Elementary School Rated A
  • No HOA

About This Home

As of May 2021

This home is located at 20362 State Rd, Rehoboth Beach, DE 19971 since 26 May 2021 and is currently estimated at $1,060,730. 20362 State Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 05/26/2021

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 196.00 x 112.00
  • Property is zoned C-1

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Stick Built Home

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-144.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20362

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.50
  • Lot Dimensions: 196.00 x 112.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2020
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1294.00
  • Tax Annual Amount: 1430.00
  • Assessor Parcel Number: 334-19.08-144.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
May 20, 2021
Sold by
Route 14 House Llc
Bought by
Ferguson John W and Smith Kerry R
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,060,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,730
Avg. Annual Appreciation
12.93%
Original Mortgage
$500,000
Outstanding Balance
$451,701
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$609,029

Purchase Details

Closed on
Oct 9, 2012
Sold by
Quillen Charolotte S
Bought by
Route 14 House Llc

Purchase Details

Closed on
Oct 3, 2012
Sold by
Quillen Charolotte S
Bought by
Route 14 House Llc
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
Ferguson John W $625,000 None Available
Route 14 House Llc -- --
Route 14 House Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson John W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 For Sale $625,000 0.0% --
05/21/2021 05/21/21 Sold $625,000 -- --
01/23/2021 01/23/21 Pending -- -- --
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 $1,772 $30,450 $21,950 $8,500
2024 $1,819 $30,450 $21,950 $8,500
2023 $1,818 $30,450 $21,950 $8,500
2022 $1,766 $30,450 $21,950 $8,500
2021 $1,752 $30,450 $21,950 $8,500
2020 $1,747 $30,450 $21,950 $8,500
2019 $1,728 $30,450 $21,950 $8,500
2018 $1,337 $30,450 $0 $0
2017 $1,281 $30,450 $0 $0
2016 $1,287 $30,450 $0 $0
2015 $1,233 $30,450 $0 $0
2014 $1,225 $30,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183928

Bright MLS

APN: 334-19.08-144.00