NOT LISTED FOR SALE

207 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $1,677,000 - $3,947,000

4 Beds
3.5 Baths
3,317 Sq Ft
$870/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $2,595,000 $782 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,633/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 4-minute walk to Stockley Street Park

About This Home

As of September 2023

On rare offer, this home on an oversized lot (60’ x 100’) is the perfect opportunity to own not only this fully renovated coastal 3 bedroom, 2.5 bathroom home but also a 1 bedroom, 1 bathroom cottage with two car garage situated just over 2 blocks from the surf, sand, and boardwalk and located in the heart of coveted South Rehoboth. The home has been lovingly updated with elegantly appointed finishes & custom trim detail and designed with coastal living and entertaining in mind presenting an open floor plan which features a spacious living area, well-sized dining area, and exquisite gourmet kitchen complete with granite counters, ample storage and custom cabinetry, dual ovens, gas range, dishwasher, refrigerator, and much more, all overlooking a beautiful, landscaped private backyard. There is an owner’s suite on the first floor with a walk-in closet and the home features a large screened porch overlooking a beautiful garden. The second level has 2 bedrooms and bath. The long driveway has parking for four cars. Park your car and walk everywhere. Easy stroll to the beach, boardwalk, shopping, boutiques, and highly rated restaurants.

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 08/15/2023

Co-Listed By

Walt Cassel

(917) 826-8867 walt@reinrb.com Dave McCarthy & Associates, Inc.

Last Buyer's Agent

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1969 | Remodeled in 2014

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Landscaped
  • Extensive Hardscape
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Frame Construction

Interior Spaces

  • 3,317 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 334-14.17-403.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,519

Year Built

Built in 1969 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-15
  • Federal Flood Zone: No
  • Year Built: 1969
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Double, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3317
  • Living Area Sq Ft: 3317
  • Price Per Sq Ft: 782.33
  • Above Grade Finished Sq Ft: 3317
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 207

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Outbuilding(s), Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Central, Forced Air, Heat Pump(s), Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Landscaping, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: R-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1682.00
  • Tax Annual Amount: 2518.58
  • Assessor Parcel Number: 334-14.17-403.00
  • Tax Lot: 48
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/22/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 21, 2023
Sold by
Krieks C Mcdermott Revocable Trust
Bought by
207 Laurel Llc
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Shaun Tull
Jack Lingo - Rehoboth
List Price
$2,595,000
Sold Price
$2,595,000
Views
214
Current Estimated Value
$2,886,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,814
Avg. Annual Appreciation
5.44%
Original Mortgage
$1,700,000
Outstanding Balance
$1,659,231
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$1,227,583
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
207 Laurel Llc $2,595,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 207 Laurel Llc $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $2,595,000 0.0% $782 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $2,595,000 -- $782 / 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 $3,936 $39,050 $9,000 $30,050
2024 $1,925 $39,050 $9,000 $30,050
2023 $1,423 $39,050 $9,000 $30,050
2022 $1,356 $39,050 $9,000 $30,050
2021 $1,439 $39,050 $9,000 $30,050
2020 $1,433 $39,050 $9,000 $30,050
2019 $1,436 $39,050 $9,000 $30,050
2018 $1,315 $39,050 $0 $0
2017 $1,242 $39,050 $0 $0
2016 $1,560 $39,050 $0 $0
2015 $1,491 $39,050 $0 $0
2014 $1,480 $39,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2045466

Bright MLS

APN: 334-14.17-403.00