NOT LISTED FOR SALE

207 Salisbury St Rehoboth Beach, DE 19971

Estimated Value: $1,058,480 - $1,304,000

3 Beds
2.5 Baths
1,582 Sq Ft
$730/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $625,000 $395 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,554/month

26 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Bay View
  • Main Floor Bedroom

About This Home

As of April 2016

Welcome to Seabreeze - a community located on the Rehoboth Bay & a short walk to the Atlantic Ocean! Enjoy the best of both worlds from this bayview coastal home located across from the community boat ramp & 3 blocks to the ocean! Entry foyer opens to great room to the left and family room, dining room, & kitchen to the right. Discover 3 bedrooms and a den (currently being used as bedroom four) on level one, and a second floor sitting room overlooking the Rehoboth Bay! Featuring laundry room, oversized garage, concrete patio, fenced yard, & outdoor shower! Conditioned crawl space with sump pump and dehumidifier, new roof and new washer/dryer. Two driveways park 6 to 8 cars. Seabreeze HOA fees are a low $50 per year. Launch your boat and jet ski and kayaks from the community boat ramp across the street from the house! Walk, bike, or Jolley Trolley to Dewey and Rehoboth restaurants and attractions! Great rental history of $17K summer. Start enjoying beach and bay life today!

Last Listed By

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 02/04/2016

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100x98x95x89
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,582 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Sitting Room
  • Combination Kitchen and Dining Room
  • Den
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Patio

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.13-167.00

Community Details

Overview

  • Seabreeze Dev Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,741

Year Built

Built in 1997

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Remarks Public: Welcome to Seabreeze - a community located on the Rehoboth Bay & a short walk to the Atlantic Ocean! Enjoy the best of both worlds from this bayview coastal home located across from the community boat ramp & 3 blocks to the ocean! Entry foyer opens to great room to the left and family room, dining room, & kitchen to the right. Discover 3 bedrooms and a den (currently being used as bedroom four) on level one, and a second floor sitting room overlooking the Rehoboth Bay! Featuring laundry room, oversized garage, concrete patio, fenced yard, & outdoor shower! Conditioned crawl space with sump pump and dehumidifier, new roof and new washer/dryer. Two driveways park 6 to 8 cars. Seabreeze HOA fees are a low $50 per year. Launch your boat and jet ski and kayaks from the community boat ramp across the street from the house! Walk, bike, or Jolley Trolley to Dewey and Rehoboth restaurants and attractions! Great rental history of $17K summer. Start enjoying beach and bay life today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Den, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1582
  • Living Area Sq Ft: 1582
  • Net Sq Ft: 1582.00
  • Price Per Sq Ft: 410.87
  • Above Grade Finished Sq Ft: 1582
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 207

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Aluminum Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 50.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping
  • Lot Size Acres: 0.24
  • Lot Dimensions: 100x98x95x89
  • Lot Size Units: Acres
  • Lot Sq Ft: 10454.00
  • Outdoor Living Structures: Patio(s)
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 17000.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5203717
  • Assessor Parcel Number: 334-20.13-167.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/15/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 9, 2016
Sold by
Krug Marie B and Krug Robert W
Bought by
Hamilton Dana E and Hamilton David R
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Total Days on Market
26
Current Estimated Value
$1,155,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,370
Avg. Annual Appreciation
7.45%
Original Mortgage
$480,000
Outstanding Balance
$224,572
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$975,349

Purchase Details

Closed on
May 24, 2014
Sold by
Robert W Robert W
Bought by
Krug Robert W and Krugg Marie B

Range of Values:

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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
Hamilton Dana E $625,000 None Available
Krug Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Dana E $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $625,000 -3.8% $395 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $650,000 -- $411 / 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
2024 $1,741 $28,850 $10,100 $18,750
2023 $1,739 $28,850 $10,100 $18,750
2022 $1,690 $28,850 $10,100 $18,750
2021 $1,677 $28,850 $10,100 $18,750
2020 $1,672 $28,850 $10,100 $18,750
2019 $1,652 $28,850 $10,100 $18,750
2018 $1,267 $28,850 $0 $0
2017 $1,213 $28,850 $0 $0
2016 $1,209 $28,850 $0 $0
2015 $1,157 $28,850 $0 $0
2014 $1,149 $28,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001013754

Bright MLS

APN: 334-20.13-167.00