NOT LISTED FOR SALE

20981 Coastal Hwy Unit 12 Rehoboth Beach, DE 19971

Estimated Value: $452,324 - $651,000

3 Beds
1.5 Baths
1,300 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 16, 2012

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

Est. 133% increase in value since last sale

Current estimated payment $3,171/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

Est. Annual Taxes

  • $1,779

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
  • En-Suite Primary Bedroom

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

Est. Annual Taxes

$1,779

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
  • Remarks Public: 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!
  • 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
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 7
  • 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
  • Street Number Modifier: 20981

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

Schools

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

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
  • Close Date: 10/16/2012

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
$570,081

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
6.73%
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
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 Change Sq Ft Price
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

    184 in this area

    345 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2012

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    275 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

This home is located at 20981 Coastal Hwy Unit 12, Rehoboth Beach, DE 19971 since 07 January 2011 and is currently estimated at $570,081, approximately $438 per square foot. This property was built in 1993. 20981 Coastal Hwy Unit 12 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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