NOT LISTED FOR SALE

20548 Washington St Rehoboth Beach, DE 19971

Estimated Value: $1,075,039 - $1,299,000

5 Beds
4.5 Baths
2,932 Sq Ft
$416/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $625,000 $213 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,622/month

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Attic
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • Open Floorplan

About This Home

As of January 2017

Sophisticated Coastal Contemporary home. Professionally interior decorated by an award winning firm. Proven rental income of over $50,000.00 yearly. Light and bright interior space with a great open floor plan. Consisting of 5 bedrooms and 4.5 baths walk or ride your bikes to the beach. Three master suites, hardwood floors, Large deck in rear and screen in porch for entertaining. Renovated first floor Master Bath with large shower and custom cabinetry . Kitchen has upgraded stainless steel appliances. Living room with fireplace Plantation Shutters. Family room with wet bar on the 3rd level.Top floor has an additional master suite with sitting area to enjoy a good book. View the virtual tour.. Make this home your new beach retreat today!

Last Agent to Sell the Property

Russell Stucki

(302) 228-7871 russellstucki@remax.net RE/MAX Realty Group Rehoboth Listed on: 02/24/2016

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

FRANK ALBANY

frankalbany@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50x100
  • Landscaped
  • Cleared Lot
  • Wooded Lot
  • Zoning described as GENERAL RESIDENTIAL

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,932 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Open Floorplan
  • Dining Room
  • Electric Dryer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-19.12-8.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2008
  • Remarks Public: Sophisticated Coastal Contemporary home. Professionally interior decorated by an award winning firm. Proven rental income of over $50,000.00 yearly. Light and bright interior space with a great open floor plan. Consisting of 5 bedrooms and 4.5 baths walk or ride your bikes to the beach. Three master suites, hardwood floors, Large deck in rear and screen in porch for entertaining. Renovated first floor Master Bath with large shower and custom cabinetry . Kitchen has upgraded stainless steel appliances. Living room with fireplace Plantation Shutters. Family room with wet bar on the 3rd level.Top floor has an additional master suite with sitting area to enjoy a good book. View the virtual tour.. Make this home your new beach retreat today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric
  • Flooring Type: Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Wet/Dry Bar, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 1
  • Room List: Dining Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2932
  • Living Area Sq Ft: 2932
  • Net Sq Ft: 2932.00
  • Price Per Sq Ft: 231.58
  • Above Grade Finished Sq Ft: 2932
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20548

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared, Landscaping, Trees/Wooded
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Total Actual Rent: 50000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5201793
  • Assessor Parcel Number: 334-19.12-8.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/06/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
Jan 6, 2017
Sold by
Albers Cucumano A and Albers Edwin
Bought by
Stone Prunty Melissa L and Prunty Michael P
Seller's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
Buyer's Agent
FRANK ALBANY
Berkshire Hathaway HomeServices PenFed Realty
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%
Current Estimated Value
$1,219,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,010
Avg. Annual Appreciation
7.95%
Original Mortgage
$500,000
Outstanding Balance
$412,163
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$806,847

Purchase Details

Closed on
Jan 4, 2012
Sold by
Jeffrey Jeffrey
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 22, 2011
Sold by
Jeffrey Jeffrey
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Stone Prunty Melissa L $625,000 None Available
The Bank Of New York Mellon -- --
The Bank Of New York Mellon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Prunty Melissa L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $625,000 -8.0% $213 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $679,000 +67.7% $232 / Sq Ft
04/18/2012 04/18/12 Sold $405,000 -0.5% $145 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
02/23/2012 02/23/12 Price Changed $407,200 -5.0% $146 / Sq Ft
01/26/2012 01/26/12 Price Changed $428,700 -5.0% $154 / Sq Ft
12/28/2011 12/28/11 Price Changed $451,250 -5.0% $162 / Sq Ft
11/29/2011 11/29/11 Price Changed $475,000 -5.0% $170 / Sq Ft
10/23/2011 10/23/11 For Sale $500,000 -- $179 / 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
2025 $1,902 $39,700 $1,900 $37,800
2024 $2,275 $39,700 $1,900 $37,800
2023 $2,274 $39,700 $1,900 $37,800
2022 $2,205 $39,700 $1,900 $37,800
2021 $2,188 $39,700 $1,900 $37,800
2020 $2,181 $39,700 $1,900 $37,800
2019 $2,163 $39,700 $1,900 $37,800
2018 $1,743 $39,700 $0 $0
2017 $1,670 $39,700 $0 $0
2016 $1,621 $39,700 $0 $0
2015 $1,551 $39,700 $0 $0
2014 $1,540 $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001014416

Bright MLS

APN: 334-19.12-8.00