NOT LISTED FOR SALE

216 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $1,250,000 - $3,398,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $1,325,000

Est. 82% increase in value since last sale

Current estimated payment $13,708/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Sun or Florida Room
  • Rehoboth Elementary School Rated A
  • Attic
  • 4-minute walk to Stockley St Playground

About This Home

As of October 2020

OVERSIZED LOT! STEPS FROM THE BEACH! This lovely home is just 2.5 blocks from the warm sandy beach of Rehoboth and sits on an oversized 7841 sq. ft lot. This 4-bedroom, 2-bath is awaiting your custom up-dates or a new home. The current home features a wonderful front walk-in sun room, large rooms, brick fireplace, ceiling fans, and the upstairs bedrooms have attached areas for additional storage. And don't worry about parking, the detached garage and driveway makes coming home a breeze while the outdoor shower is perfect after a day at the beach. The large fenced in backyard is a dream for relaxing and entertaining. This ideal location is just a few short blocks from all Rehoboth Beach has to offer: boardwalk, restaurants, shops, bandstand music, and area attractions. Make this your beach home today!

Last Agent to Sell the Property

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 08/21/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • 2021

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50.00 x 157.00
  • Property is zoned TN

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Shake Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Unfinished Basement
  • Laundry in Basement
  • Oven
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Pool

  • Outdoor Shower

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-419.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

2021

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-08-27
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: OVERSIZED LOT! STEPS FROM THE BEACH! This lovely home is just 2.5 blocks from the warm sandy beach of Rehoboth and sits on an oversized 7841 sq. ft lot. This 4-bedroom, 2-bath is awaiting your custom up-dates or a new home. The current home features a wonderful front walk-in sun room, large rooms, brick fireplace, ceiling fans, and the upstairs bedrooms have attached areas for additional storage. And don't worry about parking, the detached garage and driveway makes coming home a breeze while the outdoor shower is perfect after a day at the beach. The large fenced in backyard is a dream for relaxing and entertaining. This ideal location is just a few short blocks from all Rehoboth Beach has to offer: boardwalk, restaurants, shops, bandstand music, and area attractions. Make this your beach home today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built (Public Record): 2021

Interior Features

  • Appliances: Oven - Single, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Floor Plan - Traditional, Ceiling Fan(s), Attic
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Sun/Florida Room, Storage Room, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 216

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shake Siding, Shingle Siding
  • Exterior Features: Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 7450.00
  • Land Assessed Value: 10300.00
  • Land Use Code: RS
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50.00 x 157.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196875
  • School Tax: 754.00
  • Tax Annual Amount: 1526.00
  • Assessor Parcel Number: 334-14.17-419.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/15/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 15, 2020
Sold by
Morris Hayden Est
Bought by
Kenney Lawrence F and Kenney Mary E
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,650,000
Sold Price
$1,325,000
Premium/Discount to List
-$325,000
-19.7%
Total Days on Market
3
Current Estimated Value
$2,412,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,087,333
Avg. Annual Appreciation
14.97%
Source: Public Records

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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
Kenney Lawrence F $1,325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Lawrence F $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,325,000 -19.7% --
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,650,000 -- --
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 $1,999 $17,750 $10,300 $7,450
2023 $1,997 $17,750 $10,300 $7,450
2022 $1,910 $17,750 $10,300 $7,450
2021 $836 $17,750 $10,300 $7,450
2020 $479 $17,750 $10,300 $7,450
2019 $480 $17,750 $10,300 $7,450
2018 $453 $17,750 $0 $0
2017 $437 $17,750 $0 $0
2016 $424 $17,750 $0 $0
2015 $407 $17,750 $0 $0
2014 $400 $17,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU167116

Bright MLS

APN: 334-14.17-419.00