20374 Thompson Way Rehoboth Beach, DE 19971
3
Beds
2.5
Baths
--
Sq Ft
0.65
Acres
Highlights
- Concrete Pool
- Eat-In Gourmet Kitchen
- 0.65 Acre Lot
- Rehoboth Elementary School Rated A
- Scenic Views
- Open Floorplan
About This Home
As of February 2025Welcome to 20374 Thompson Way! This very special home is fully renovated with 3 bedrooms, plus den and 2.5 bathrooms. The home is nestled in the sought-after Thompson Way enclave. Thompson Way is located at the edge of downtown Rehoboth Beach just off Shuttle Road. As one of only 6 custom homes on large private lots 20374 Thompson Way offers a rare blend of excellent proximity to the beach and uncommon privacy while at home. Relish your enormous .65 acre cul de sac lot where you can enjoy the privacy of a manicured garden, mature treeline and extensive hardscaping as you gather family and friends around the beautiful pool and hot tub. The thoughtfully designed landscaping ensures a beautiful year round low maintenance natural display. Recent updates include new HVAC, roof, flooring, kitchen, bathrooms, enormous three season room with stone fireplace and many more upgrades. Upon entry the welcoming foyer invites you into a spacious living room with a large wood burning brick fireplace and vaulted ceiling. A large glass slider provides seamless access to the rear patio and pool with a well placed powder room located just inside for your guests. Adjacent to the living room is the large dining area open to the stunning gourmet kitchen, equipped with top-of-the-line appliances and an adjacent breakfast room. Elsewhere on the main level, discover the primary bedroom with a walk in closet and a newly renovated en suite bath featuring premium fixtures. Two more bedrooms and another full bath complete the bedroom wing of the house. There is a large laundry room with storage and access to the oversized two car attached garage which also includes expansive storage areas. From the dining room there is easy access to a large comfortable three season family room with a lovely stone front gas fireplace. You will love the stunning beamed ceiling which creates a space that is perfect for entertaining, this room could very easily be converted to year round living space. The three season room overlooks the private backyard and pool. Enjoy being in close proximity to the beach, locally owned shops and restaurants along Rehoboth Avenue, Farmers' Market, 4th of July festivities, the annual Rehoboth Art League art fair and the many other exciting community events nearby. Don't miss the opportunity to make this exceptional property your new home. Revenue producing short term rental allowed (Minimal Rental Restrictions) or simply a spectacular place for family and friends to gather. No HOA fees! Enjoy beach life in one of Rehoboth's best leafy and peaceful enclaves while maintaining complete accessibility to all that Rehoboth has to offer. Ask sellers agent about allowances for adding a separate tiny house (ADU) to the lot for additional possibilities! Do not miss our Open House this weekend.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,092
Year Built
- Built in 1985 | Remodeled in 2017
Lot Details
- 0.65 Acre Lot
- Lot Dimensions are 142.00 x 200.00
- Cul-De-Sac
- Wrought Iron Fence
- Landscaped
- Extensive Hardscape
- Private Lot
- Secluded Lot
- Premium Lot
- Level Lot
- Open Lot
- Sprinkler System
- Backs to Trees or Woods
- Back and Front Yard
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Front Facing Garage
Property Views
- Scenic Vista
- Woods
- Garden
Home Design
- Rambler Architecture
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Skylights
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Gas Fireplace
- Window Treatments
- Family Room Off Kitchen
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Area or Nook
- Upgraded Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Whirlpool Bathtub
Pool
- Concrete Pool
- In Ground Pool
- Heated Spa
- Gunite Pool
- Fence Around Pool
Outdoor Features
- Exterior Lighting
- Outdoor Storage
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Well
- Propane Water Heater
Community Details
- No Home Owners Association
- Thompson Way Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 334-19.00-152.04
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Sold | $1,220,000 | +11.0% | -- |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $1,099,000 | +199.5% | -- |
| 03/18/2016 03/18/16 | Sold | $367,000 | 0.0% | $208 / Sq Ft |
| 02/03/2016 02/03/16 | Pending | -- | -- | -- |
| 12/07/2015 12/07/15 | For Sale | $367,000 | -- | $208 / Sq Ft |
Source: Bright MLS
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 | $1,592 | $41,150 | $12,400 | $28,750 |
| 2023 | $1,590 | $41,150 | $12,400 | $28,750 |
| 2022 | $1,456 | $41,150 | $12,400 | $28,750 |
| 2021 | $1,538 | $41,150 | $12,400 | $28,750 |
| 2020 | $1,532 | $41,150 | $12,400 | $28,750 |
| 2019 | $1,935 | $41,150 | $12,400 | $28,750 |
| 2018 | $1,807 | $41,150 | $0 | $0 |
| 2017 | $1,731 | $41,150 | $0 | $0 |
| 2016 | $1,632 | $40,850 | $0 | $0 |
| 2015 | $1,559 | $40,850 | $0 | $0 |
| 2014 | $1,548 | $40,850 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $806,500 | New Conventional | |
| Closed | $806,500 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,220,000 | None Listed On Document | |
| Deed | $1,220,000 | None Listed On Document | |
| Deed | -- | None Available |
Source: Public Records
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2076342
APN: 334-19.00-152.04
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