NOT LISTED FOR SALE

20488 Tunnel Rd Rehoboth Beach, DE 19971

Estimated Value: $655,577 - $888,000

4 Beds
2.5 Baths
2,309 Sq Ft
$344/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $564,338 $244 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,595/month

Highlights

  • New Construction
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Forced Air Zoned Heating and Cooling System

About This Home

As of March 2020

This home is located at 20488 Tunnel Rd, Rehoboth Beach, DE 19971 since 06 March 2020 and is currently estimated at $794,144, approximately $343 per square foot. This property was built in 2020. 20488 Tunnel 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

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690 Listed on: 03/06/2020

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 104.00 x 100.00
  • Property is zoned MR 248

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Stick Built Home

Interior Spaces

  • 2,309 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 334-18.00-848.00

Community Details

Overview

  • Sawgrass At White Oak Creek Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$272 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2309
  • Living Area Sq Ft: 2309
  • Price Per Sq Ft: 244.41
  • Above Grade Finished Sq Ft: 2309
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20488

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 272.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RV
  • Lot Size Acres: 0.22
  • Lot Dimensions: 104.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2019
  • Zoning: MR 248
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5198563
  • School Tax: 300.00
  • Tax Annual Amount: 331.00
  • Assessor Parcel Number: 334-18.00-848.00
  • Tax Lot: 120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/04/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 4, 2020
Sold by
Schell Brothers Llc
Bought by
Farr Evan H and Farr Jeannie L
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$564,338
Sold Price
$564,338
Current Estimated Value
$794,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,806
Avg. Annual Appreciation
6.31%
Original Mortgage
$507,900
Outstanding Balance
$448,960
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$345,184

Purchase Details

Closed on
Oct 23, 2019
Sold by
Sb Sawgrass Holdings Llc
Bought by
Schell Brothers Llc

Purchase Details

Closed on
May 27, 2011
Bought by
Longview Sawgrass Llc
Source: Public Records

Range of Values:

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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
Farr Evan H $564,338 None Available
Schell Brothers Llc -- --
Longview Sawgrass Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farr Evan H $507,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 For Sale $564,338 0.0% $244 / Sq Ft
03/04/2020 03/04/20 Sold $564,338 -- $244 / Sq Ft
03/03/2020 03/03/20 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 $1,359 $7,050 $7,050 $0
2024 $1,964 $7,050 $7,050 $0
2023 $1,962 $7,050 $7,050 $0
2022 $1,894 $7,050 $7,050 $0
2021 $1,877 $7,050 $7,050 $0
2020 $1,871 $7,050 $7,050 $0
2019 $331 $7,050 $7,050 $0
2018 $310 $7,050 $0 $0
2017 $296 $7,050 $0 $0
2016 $282 $7,050 $0 $0
2015 $269 $7,050 $0 $0
2014 $267 $7,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dustin Parker

    Seller's Agent in 2020

    Dustin Parker

    The Parker Group

    (302) 483-7688

    36 in this area

    793 Total Sales

    Dustin Parker
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2020

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    221 in this area

    1,875 Total Sales

    Lee Ann Wilkinson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU157674

Bright MLS

APN: 334-18.00-848.00

Delaware Sussex County Rehoboth Beach 19971

20488 Tunnel Rd, Rehoboth Beach, DE

This home is located at 20488 Tunnel Rd, Rehoboth Beach, DE 19971 since 06 March 2020 and is currently estimated at $794,144, approximately $343 per square foot. This property was built in 2020. 20488 Tunnel Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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