NOT LISTED FOR SALE

20882 Old Landing Rd Rehoboth Beach, DE 19971

Estimated Value: $629,306 - $929,000

4 Beds
3.5 Baths
2,529 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $485,000 $192 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,123/month

Highlights

  • Water Access
  • 0.51 Acre Lot
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of July 2021

New living on Old Landing Rd.! Perfectly positioned near Rehoboth Bay, is this right-for-you ranch with 4 BRs/3 ½ baths and myriad of outstanding outdoor entertaining spaces! Embrace easy-flow floorplan in this luxurious, 1-level living. Be greeted by an ever-so elegant elongated covered entryway that spans much of front of home, while dual-width driveway sits adjacent to varying heights of robust trees that punctuate front lawn and offer speckles of shade. Step into over 2,500 sq. ft. of living space in cool coastal seafoam green paint, breathtaking bamboo hardwood floors, natural wood doors and trim and a no-effort needed ambiance to feel welcomed! This seemingly endless stretch of space measures approx. 53 x 20 and is where one area of living smoothly blends into the other and rooms are separated only by placement of furnishings. Create rooms and degree of formality that match your lifestyle and, best of all, it’s a floor plan that is fluid and can change as your daily life changes! Succession of 4 ceiling fans with automatic thermostats and light sensors links rooms, easily confirming rooms’ generous size. Striking sconces provide decadent up-lighting along perimeter of room. Surround sound offers relaxing background music and throughout there is a clean, coastal vibe. Great room is upscale with conversation area of couches, chairs and coffee table edging area rug, and there is a wall of sliding glass doors that provide abundance of natural light. Just beyond is deemed a dining area. Although full dining table and 6 chairs can fit, the style can be more casual if desired. Its proximity to great room makes it an ideal duo of rooms in which to entertain. Past dining area is niche of space, sitting/sunroom, that is enveloped in glass sliders. Rattan furniture is scattered about. Natural light streams in and warms room. An instant relaxed air permeates room. Off great room is dual-entrance office with natural wood trim transom style window and glass sliders to deck. This light and bright room is spectacular setting for home office or study. Adjacent to main space is galley-style gourmet ceramic tile kitchen. Rich light wood cabinets with sleek bar hardware and glass-fronted upper cabinets contrast with upgraded black appliances and countertops. Huge picture window sits above sink, looks out to composite deck and is flanked by open shelving that begs for handful of plants or herbs. Next to kitchen is yellow splashed tile floor PR with curved bump-out basin pedestal sink. Primary BR is true gem! Sprawling space allows for full retreat area, without compromising any room for BR furniture and huge closet space. 2 sets of glass sliders, 1 set leads to private, primary BR screened-in porch where morning and evening getaways are guaranteed, while other set leads to outdoor deck. Tiled floored primary bath touts cabinet vanity and gold-trimmed shower, and natural wood folding doors slide back to reveal laundry facilities. 2nd ensuite offers perfect guest quarters with carpeting, ceiling fain, mirrored DD closet and private tiled full bath. 2 additional secondary BRs have roomy closets and plenty of natural light and share hall bath. Outside areas are truly a blend of perfection. Screened-in porch off sitting/sunroom with indoor/outdoor carpet, ceiling fan and roll-down shades provides that quiet reading or hot, sunny days entertaining spot, while open-air composite deck nestled in between this screened-in porch and one off primary BR offers early morning coffee, dusk dining or sunbathing if desired! Perfect combination! Home is merely ¼ mile from marina, and mins. from fine dining, beach grills, boutique and outlet shopping and more in both Rehoboth and Lewes! A winner in Willowmere!

Last Agent to Sell the Property

Jared Bowers

(302) 494-0214 jared@wfpcc.com Coldwell Banker Realty License #RS-0022724 Listed on: 05/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Joseph Sterner

(717) 991-5470 joe@homesteadrehoboth.com McWilliams/Ballard, Inc. License #RS-0025129

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1999

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150.00 x 150.00
  • Property is zoned AR-1

Parking

  • 4 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,529 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Sliding Doors
  • Six Panel Doors
  • Dining Area
  • Partial Basement

Kitchen

  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Water Access
  • Property near a bay
  • Screened Patio
  • Outdoor Storage
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Willowmere Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 334-22.00-53.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Fee Simple
  • Exclusions: All artwork
  • Inclusions: Fully furnished minus the artwork
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Primary Bath(s), Stall Shower, Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 2529
  • Living Area Sq Ft: 2529
  • Price Per Sq Ft: 197.67
  • Above Grade Finished Sq Ft: 2529
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20882

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Exterior Features: Secure Storage, Sidewalks
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Propane
  • 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: RS
  • Lot Size Acres: 0.51
  • Lot Dimensions: 150.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Porch(es), Screened
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1885.00
  • Tax Annual Amount: 2082.00
  • Assessor Parcel Number: 334-22.00-53.00
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 2360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/20/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 20, 2021
Sold by
Collins Michael D
Bought by
Collins Gregory S and Jones Chad E
Seller's Agent
Jared Bowers
Coldwell Banker Realty
Buyer's Agent
Joseph Sterner
McWilliams/Ballard, Inc.
List Price
$539,000
Sold Price
$485,000
Premium/Discount to List
-$54,000
-10.02%
Current Estimated Value
$750,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,827
Avg. Annual Appreciation
10.97%
Original Mortgage
$388,000
Outstanding Balance
$352,586
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$398,241

Purchase Details

Closed on
Oct 23, 1996
Bought by
Collins Michael D
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
Collins Gregory S $485,000 None Available
Collins Michael D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Gregory S $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $485,000 -3.0% $192 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $499,900 +11.1% $198 / Sq Ft
06/01/2021 06/01/21 Price Changed $449,900 -16.5% $178 / Sq Ft
05/07/2021 05/07/21 For Sale $539,000 -- $213 / 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 $1,707 $44,350 $11,250 $33,100
2024 $2,186 $44,350 $11,250 $33,100
2023 $2,184 $44,350 $11,250 $33,100
2022 $2,108 $44,350 $11,250 $33,100
2021 $1,688 $44,350 $11,250 $33,100
2020 $1,682 $44,350 $11,250 $33,100
2019 $2,085 $44,350 $11,250 $33,100
2018 $1,548 $44,350 $0 $0
2017 $1,465 $44,350 $0 $0
2016 $1,272 $44,350 $0 $0
2015 $1,193 $44,350 $0 $0
2014 $1,680 $44,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU182668

Bright MLS

APN: 334-22.00-53.00