NOT LISTED FOR SALE

206 Munson St Rehoboth Beach, DE 19971

Estimated Value: $2,612,747 - $3,420,000

5 Beds
4.5 Baths
2,780 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $1,745,000 $628 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $16,778/month

Highlights

  • Water Oriented
  • Gourmet Kitchen
  • Craftsman Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of December 2019

Built in 2017, this gem of a beach house and proven rental features a well thought out design with incredible attention to detail. Being sold furnished, this solidly built custom home is in tip top shape and move in condition. The spacious great room features an open floor plan, gas fireplace with built ins, Bose surround sound, Craftsman interior trim finishes and sustainable Hardwood throughout. Prepping for dinner will be a delight in the connoisseur s kitchen with granite & quartz counters, black stainless Kitchen-Aid appliances, gas range, instant hot water and wine refrigerator. The master bedroom features vaulted ceilings, fabulous master bath with oversized roman shower, radiant heated tile floors and walk-in closet with custom built-ins. This South Rehoboth showplace is 2.5 blocks to the ocean, 2 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants. Proven rental income with $63,000 in 2018, and $72,000 in 2019 with potential for more. ($7500 per prime week) With three en-suite bedrooms, this home truly has it all; a laundry room that doubles as a butler's pantry with sink and handsome cabinetry, a mudroom with built ins, pantry, a partial basement with storage and access to 2 conditioned crawl spaces, security system, central vac, high efficiency HVAC and a tankless hot water heater. Exterior features include an inviting screened porch, backyard paver patio, detached garage (pre-wired for electric vehicle), privacy fencing, outdoor shower, Hardi-Board siding, composite decking, irrigation system and parking for 4 cars. Ask your agent for more info about this wonderful home. One year home warranty!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/24/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 2017

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Vinyl Fence
  • Sprinkler System
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,780 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Storage Room
  • Utility Room
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash
  • Private Sewer

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-391.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Craftsman
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Some family furniture, artwork and photos. Items are marked with an orange dot.
  • Home Warranty: Yes
  • Inclusions: Sold Furnished and Decorated with all window coverings, blinds and shutters. 2-10 Builder Warranty.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2017
  • Remarks Public: Built in 2017, this gem of a beach house and proven rental features a well thought out design with incredible attention to detail. Being sold furnished, this solidly built custom home is in tip top shape and move in condition. The spacious great room features an open floor plan, gas fireplace with built ins, Bose surround sound, Craftsman interior trim finishes and sustainable Hardwood throughout. Prepping for dinner will be a delight in the connoisseur s kitchen with granite & quartz counters, black stainless Kitchen-Aid appliances, gas range, instant hot water and wine refrigerator. The master bedroom features vaulted ceilings, fabulous master bath with oversized roman shower, radiant heated tile floors and walk-in closet with custom built-ins. This South Rehoboth showplace is 2.5 blocks to the ocean, 2 blocks to Rehoboth Avenue and a quick stroll to shops and restaurants. Proven rental income with $63,000 in 2018, and $72,000 in 2019 with potential for more. ($7500 per prime week) With three en-suite bedrooms, this home truly has it all; a laundry room that doubles as a butler's pantry with sink and handsome cabinetry, a mudroom with built ins, pantry, a partial basement with storage and access to 2 conditioned crawl spaces, security system, central vac, high efficiency HVAC and a tankless hot water heater. Exterior features include an inviting screened porch, backyard paver patio, detached garage (pre-wired for electric vehicle), privacy fencing, outdoor shower, Hardi-Board siding, composite decking, irrigation system and parking for 4 cars. Ask your agent for more info about this wonderful home. One year home warranty!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Central Vacuum, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Great Room, Laundry, Storage Room, Utility Room, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2780
  • Living Area Sq Ft: 2780
  • Price Per Sq Ft: 647.12
  • Above Grade Finished Sq Ft: 2780
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Hardiplank Type
  • Exterior Features: Outside Shower, Lawn Sprinkler
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup, Zoned
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Security: Security System
  • Sewer/Septic System: Private Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No
  • R Factor Ceilings: R-49
  • R Factor Ext Walls: R-26

Lot Info

  • Fencing: Partially, Vinyl
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Outdoor Living Structures: Patio(s), Screened, Porch(es)
  • Property Condition: Very Good
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196844
  • School Tax: 1583.00
  • Tax Annual Amount: 2167.00
  • Assessor Parcel Number: 334-14.17-391.00
  • Tax Total Finished Sq Ft: 1368
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 12/27/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Dec 16, 2019
Sold by
Belle J Michael J and Belle Elizabeth A
Bought by
Fisher Cynthia and Ross Robert
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,899,000
Sold Price
$1,745,000
Premium/Discount to List
-$154,000
-8.11%
Current Estimated Value
$3,088,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,343,582
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,396,000
Outstanding Balance
$1,230,775
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,857,807

Purchase Details

Closed on
Dec 30, 1999
Bought by
Belle J Michael Elizabeth A Belle
Source: Public Records

Range of Values:

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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
Fisher Cynthia $1,745,000 None Available
Belle J Michael Elizabeth A Belle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Cynthia $1,396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $1,745,000 -3.0% $628 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $1,799,000 -2.8% $647 / Sq Ft
05/23/2019 05/23/19 Price Changed $1,850,000 -1.3% $665 / Sq Ft
04/16/2019 04/16/19 Price Changed $1,875,000 -1.3% $674 / Sq Ft
01/24/2019 01/24/19 For Sale $1,899,000 -- $683 / 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 $4,831 $40,100 $7,500 $32,600
2024 $1,977 $40,100 $7,500 $32,600
2023 $1,975 $40,100 $7,500 $32,600
2022 $1,906 $40,100 $7,500 $32,600
2021 $1,888 $40,100 $7,500 $32,600
2020 $1,883 $40,100 $7,500 $32,600
2019 $1,885 $40,100 $7,500 $32,600
2018 $1,761 $40,100 $0 $0
2017 $1,686 $40,100 $0 $0
2016 $873 $21,850 $0 $0
2015 $834 $21,850 $0 $0
2014 $828 $21,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU129902

Bright MLS

APN: 334-14.17-391.00