Seller's Agent in 2018
Carl Frampton
Compass
(302) 236-8526
8 in this area
116 Total Sales
20525 Washington St Rehoboth Beach, DE 19971
Estimated Value: $893,000 - $1,184,000
5
Beds
3.5
Baths
3,200
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Open Floorplan
- Wood Flooring
- Rehoboth Elementary School Rated A
- Coastal Architecture
- No HOA
About This Home
As of December 2018$19K PRICE REDUCTION!!! Huge investment potential at $4K a week summer rental rates. Check out this Rehoboth Beach house with plenty of space for an unbelievable price. Hidden off Coastal Highway sits this 5 bedroom, 3 1/2 bath, 2 car garage, 3,200 SF house. Entertain your guests or family members on 1st floor with open floor plan, Chef's Kitchen, half bath, dining room and living room. 2nd floor presents (2) Master bedrooms, each having it's own private deck and on suite bathroom. 2nd floor also features (3) more nicely sized bedrooms and a full bathroom in the middle. Additional possible expansion into the attic could add another 1,000 to 1,500 SF to this house. House has been designed to be energy efficient with lots of insulation, tankless water heater and high SEER HVAC units in order to keep the utility bills LOW. Overall the house is very low maintenance with only a small yard in the rear to cut, trex decking, vinyl fencing and siding. Large garage with high ceilings, plenty of space for cars, bikes and/ or scooters, storage and seller had radiant heat setup but never hooked up. Driveway can fit up to 9 cars. Best part is the house is minutes to Rehoboth or Dewey beaches AND you don't have to cross Coastal Highway to get to downtown Rehoboth or boardwalk. Located just outside the City of Rehoboth limits in the niche community of Rehoboth Manor means super low taxes, no thru traffic and quick access to Coastal Highway restaurants and shopping makes this house must see. Put this house on your tour today.... You won't be disappointed!!!
Last Agent to Sell the Property
(302) 236-8526 carl@framptonrealty.com Compass Listed on: 06/18/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,310
Year Built
- Built in 2004
Lot Details
- 8,747 Sq Ft Lot
- Property is in good condition
Home Design
- Coastal Architecture
- Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,200 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Crawl Space
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
- Tile or Brick
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Washer
- Gas Dryer
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- Driveway
Outdoor Features
- Shed
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Bottled Gas
- 120/240V
- Tankless Water Heater
Community Details
- No Home Owners Association
- Rehoboth Manor Subdivision
Listing and Financial Details
- Tax Lot -18.00
- Assessor Parcel Number 334-19.12-18.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2018
Closed on
Dec 4, 2018
Sold by
Panarello George A and Panarello Danielle P
Bought by
Marshall Christopher R and Marshall Adam N
Seller's Agent
Carl Frampton
Compass
Buyer's Agent
Joshua Sell
Patterson-Schwartz-Hockessin
List Price
$728,900
Sold Price
$707,000
Premium/Discount to List
-$21,900
-3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,667
Avg. Annual Appreciation
5.88%
Original Mortgage
$565,600
Outstanding Balance
$489,964
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$552,703
Purchase Details
Closed on
Jan 10, 2017
Sold by
Panarello Danielle P and Panarello George A
Bought by
Panarello Danielle P and Panarello George A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2000
Bought by
Panarello George A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marshall Christopher R | $707,000 | -- | |
| Panarello Danielle P | -- | None Available | |
| Panarello George A | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marshall Christopher R | $565,600 | |
| Previous Owner | Panarello Danielle P | $415,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2018 12/10/18 | Sold | $707,000 | +1.0% | $221 / Sq Ft |
| 10/06/2018 10/06/18 | Pending | -- | -- | -- |
| 07/31/2018 07/31/18 | Price Changed | $699,900 | -2.6% | $219 / Sq Ft |
| 07/10/2018 07/10/18 | Price Changed | $718,900 | -1.4% | $225 / Sq Ft |
| 06/18/2018 06/18/18 | For Sale | $728,900 | -- | $228 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,556 | $31,150 | $2,050 | $29,100 |
| 2024 | $1,854 | $31,150 | $2,050 | $29,100 |
| 2023 | $1,853 | $31,150 | $2,050 | $29,100 |
| 2022 | $1,799 | $31,150 | $2,050 | $29,100 |
| 2021 | $1,785 | $31,150 | $2,050 | $29,100 |
| 2020 | $1,780 | $31,150 | $2,050 | $29,100 |
| 2019 | $1,761 | $31,150 | $2,050 | $29,100 |
| 2018 | $1,368 | $31,150 | $0 | $0 |
| 2017 | $1,310 | $31,150 | $0 | $0 |
| 2016 | $1,282 | $31,150 | $0 | $0 |
| 2015 | $1,227 | $31,150 | $0 | $0 |
| 2014 | $1,218 | $31,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Frampton
-
Marc Green
Seller Co-Listing Agent in 2018
Marc Green
Century 21 Emerald
(302) 228-8778
16 Total Sales
-
Joshua Sell
Buyer's Agent in 2018
Joshua Sell
Patterson Schwartz
(302) 234-3615
21 Total Sales
Map
Source: Bright MLS
MLS Number: 1001892896
APN: 334-19.12-18.00
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