NOT LISTED FOR SALE

20421 Jeb Dr Unit 45 Rehoboth Beach, DE 19971

Estimated Value: $555,384 - $650,000

4 Beds
3.5 Baths
1,880 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $487,000 $259 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,743/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Upgraded Countertops
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of April 2022

Less than 2 miles to the beach and downtown attractions. This large 4 bedroom 3 1/2 bath townhome is fantastically located and well kept. Hardwood floors throughout the main living area and an open floor plan allowing plenty of space for entertaining. This home features a first floor bedroom, custom master bedroom walk-in closet, built in storage and dual zoned HVAC. Start planning your beach day while relaxing in your 3 seasons screened in porch or by the community pool . Situated just outside of Rehoboth and Dewey Beach . You can walk or bike to downtown and never have to go on Rt 1! This home will not last. Great opportunity for an investment property, second home or primary residence.

Last Agent to Sell the Property

Asa McCune

Patterson-Schwartz-Rehoboth Listed on: 02/18/2022

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Amy Pietlock

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $937

Year Built

  • Built in 2003

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Villa
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-168.00-45

Community Details

Overview

  • Oyster Bay Villas Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$937

Year Built

Built in 2003

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Villa
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2003
  • Remarks Public: Less than 2 miles to the beach and downtown attractions. This large 4 bedroom 3 1/2 bath townhome is fantastically located and well kept. Hardwood floors throughout the main living area and an open floor plan allowing plenty of space for entertaining. This home features a first floor bedroom, custom master bedroom walk-in closet, built in storage and dual zoned HVAC. Start planning your beach day while relaxing in your 3 seasons screened in porch or by the community pool . Situated just outside of Rehoboth and Dewey Beach . You can walk or bike to downtown and never have to go on Rt 1! This home will not last. Great opportunity for an investment property, second home or primary residence.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 11
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1880
  • Living Area Sq Ft: 1880
  • Price Per Sq Ft: 252.66
  • Above Grade Finished Sq Ft: 1880
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20421

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Frame
  • Exterior Features: Exterior Lighting, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1198.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Units: Square Feet
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5200575
  • School Tax: 849.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 937.00
  • Assessor Parcel Number: 334-19.00-168.00-45
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/01/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 25, 2022
Sold by
Gina Espinoza
Bought by
Thomas W And Lauren E Kormylo Trust
Seller's Agent
Asa McCune
Patterson-Schwartz-Rehoboth
Buyer's Agent
Amy Pietlock
Monument Sotheby's International Realty
List Price
$475,000
Sold Price
$487,000
Premium/Discount to List
$12,000
2.53%
Total Days on Market
3
Current Estimated Value
$581,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,596
Avg. Annual Appreciation
6.78%
Original Mortgage
$438,300
Outstanding Balance
$415,801
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$183,372
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 W And Lauren E Kormylo Trust $487,000 Tunnell & Raysor Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas W And Lauren E Kormylo Trust $438,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $487,000 +2.5% $259 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $475,000 -- $253 / 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 $1,052 $19,900 $0 $19,900
2023 $1,051 $19,900 $0 $19,900
2022 $1,015 $19,900 $0 $19,900
2021 $1,005 $19,900 $0 $19,900
2020 $1,002 $19,900 $0 $19,900
2019 $1,004 $19,900 $0 $19,900
2018 $938 $21,350 $0 $0
2017 $898 $21,350 $0 $0
2016 $853 $21,350 $0 $0
2015 $815 $21,350 $0 $0
2014 $809 $21,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2016272

Bright MLS

APN: 334-19.00-168.00-45