NOT LISTED FOR SALE

20981 Coastal Hwy Unit 12 Rehoboth Beach, DE 19971

Estimated Value: $596,000 - $681,000

3 Beds
1.5 Baths
1,300 Sq Ft
$481/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $245,000 $188 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,588/month

570 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • No HOA
  • Rehoboth Elementary School Rated A
  • Furnished
  • Wet Bar

About This Home

As of October 2012

Best Value In Dewey Beach! 3 Story End Unit Just Two Blocks From The Beach, Restaurants & Shops. Located East of Rt. 1 & 2 Block From The Beach. This Unit Features Tile Kitchen, Outdoor Patio, MBR Deck & Being Sold Furnished. Community Features Outdoor Pool & Assigned Parking. Excellent Rental!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/07/2011

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

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

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/07/2011

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1993

Lot Details

  • 2,134

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Furnished
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.13-45.01-12

Community Details

Overview

  • No Home Owners Association
  • Beach Club Community
  • Killens Addition Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1993
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Wet/Dry Bar, Window Treatments
  • Fireplace: No
  • Foundation Details: Slab
  • Level Count: 3
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1300
  • Living Area Sq Ft: 1300
  • Net Sq Ft: 1300.00
  • Price Per Sq Ft: 207.62
  • Above Grade Finished Sq Ft: 1300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 3064.00
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Swimming Pool
  • HOA: No
  • Community Pool Features: In Ground

Lot Info

  • Outdoor Living Structures: Deck(s), Patio(s)

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 17175.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-20.13-45.01-12
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Phillips John L and Phillips June D
Bought by
Rissmiller Bernard N
Current Estimated Value
$653,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 7, 2011
Closed on
Oct 16, 2012
Sold by
D And S Investments Company Llp
Bought by
Phillips John J and Phillips June D
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rissmiller Bernard N $420,000 None Available
Phillips John J $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rissmiller Bernard N $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2012 10/16/12 Sold $245,000 0.0% $188 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
01/07/2011 01/07/11 For Sale $245,000 -- $188 / 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 $1,779 $16,100 $0 $16,100
2024 $1,302 $16,100 $0 $16,100
2023 $1,301 $16,100 $0 $16,100
2022 $1,267 $16,100 $0 $16,100
2021 $1,258 $16,100 $0 $16,100
2020 $1,254 $16,100 $0 $16,100
2019 $1,234 $16,100 $0 $16,100
2018 $876 $19,950 $0 $0
2017 $839 $19,950 $0 $0
2016 $825 $19,950 $0 $0
2015 $790 $19,950 $0 $0
2014 $784 $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2012

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    177 in this area

    326 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2012

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    171 in this area

    271 Total Sales

    Shaun Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000957176

Bright MLS

APN: 334-20.13-45.01-12

Delaware Sussex County Rehoboth Beach 19971

20981 Coastal Hwy Unit 12, Rehoboth Beach, DE

Not Listed for Sale

Townhouses

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