NOT LISTED FOR SALE

20488 Tunnel Rd Rehoboth Beach, DE 19971

Estimated Value: $729,915 - $923,000

4 Beds
2.5 Baths
2,309 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 04, 2020

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

Est. 46% increase in value since last sale

Current estimated payment $4,726/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 $825,229, approximately $357 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

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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 104.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • 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

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
$825,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,891
Avg. Annual Appreciation
6.82%
Original Mortgage
$507,900
Outstanding Balance
$448,960
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$376,269

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 List to Sale Price per Sq Ft
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

    33 in this area

    736 Total Sales

    Dustin Parker
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2020

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    216 in this area

    1,814 Total Sales

    Lee Ann Wilkinson
    Section Image
See All Agents

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

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes