NOT LISTED FOR SALE

217 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $1,876,027 - $2,258,000

3 Beds
3 Baths
1,400 Sq Ft
$1,474/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,375,000 $982 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,310/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Space For Rooms
  • 4-minute walk to Stockley St Playground

About This Home

As of March 2021

Renovated top to bottom and refreshed throughout - this South Rehoboth home offers charm, convenience and upgrades. Bamboo floors across the entire first floor. Kitchen features Granite countertops, tile backsplash, stainless steel appliances, upscale cabinetry and pantry cabinet. Freshly updated every step of the way - you'll enjoy the wood burning fireplace, sunny dining/gathering area, and the relaxing enclosed porch. Master bedroom offers patio access. Side deck, outdoor shower, paver patio with seating round out the outdoor wish list. Just over two blocks to the beach and boardwalk, 4 blocks to Rehoboth Avenue dining, shops and more. Check out the video tour!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 02/19/2021

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned TN, Town Codes

Home Design

  • Contemporary Architecture
  • Rambler Architecture
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Hobby Room
  • Sun or Florida Room
  • Exterior Cameras
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Shelving
  • Space For Rooms
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Grill

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.17-408.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Some wall hangings
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Renovated top to bottom and refreshed throughout - this South Rehoboth home offers charm, convenience and upgrades. Bamboo floors across the entire first floor. Kitchen features Granite countertops, tile backsplash, stainless steel appliances, upscale cabinetry and pantry cabinet. Freshly updated every step of the way - you'll enjoy the wood burning fireplace, sunny dining/gathering area, and the relaxing enclosed porch. Master bedroom offers patio access. Side deck, outdoor shower, paver patio with seating round out the outdoor wish list. Just over two blocks to the beach and boardwalk, 4 blocks to Rehoboth Avenue dining, shops and more. Check out the video tour!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Recessed Lighting, Upgraded Countertops, Wood Floors, Attic
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Basement, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 2, Bathroom 3, Hobby Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Shelving, Space For Rooms, Sump Pump
  • Laundry Type: Basement
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 996.43
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Extensive Hardscape, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: TN
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5196863
  • Tax Annual Amount: 1532.00
  • Assessor Parcel Number: 334-14.17-408.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/30/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Graham Richard Frederick and Graham Virginia Martinet
Bought by
Graham Living Trust and Graham
Current Estimated Value
$2,063,757

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 25, 2021
Sold by
Graham Richard F and Graham Virginia M
Bought by
Sachs Michael D and Sachs Robin P
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,395,000
Sold Price
$1,375,000
Premium/Discount to List
-$20,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Feb 19, 2021
Closed on
Mar 23, 2021
Sold by
Cerva Christine P
Bought by
Graham Richard F and Graham Virginia M
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,395,000
Sold Price
$1,375,000
Premium/Discount to List
-$20,000
-1.43%

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 26, 2018
Sold by
Robert H Lacey Lt
Bought by
Cerva Donald S and Cerva Christine P
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%

Purchase Details

Closed on
May 23, 2012
Sold by
Robert H Robert H
Bought by
Lacey Robert H
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
Graham Living Trust -- None Listed On Document
Sachs Michael D -- None Available
Graham Richard F $1,375,000 None Available
Cerva Donald S $1,325,000 --
Lacey Robert H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $1,375,000 -1.4% $982 / Sq Ft
02/19/2021 02/19/21 For Sale $1,395,000 +5.3% $996 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
03/26/2018 03/26/18 Sold $1,325,000 -5.0% $946 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $1,395,000 -- $996 / 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 $1,047 $21,250 $7,500 $13,750
2023 $1,046 $21,250 $7,500 $13,750
2022 $1,010 $21,250 $7,500 $13,750
2021 $1,001 $21,250 $7,500 $13,750
2020 $998 $21,250 $7,500 $13,750
2019 $999 $21,250 $7,500 $13,750
2018 $933 $21,250 $0 $0
2017 $894 $21,250 $0 $0
2016 $849 $21,250 $0 $0
2015 $754 $19,750 $0 $0
2014 $748 $19,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU177592

Bright MLS

APN: 334-14.17-408.00