NOT LISTED FOR SALE

217 Rodney St Rehoboth Beach, DE 19971

Estimated Value: $1,762,000 - $3,598,000

6 Beds
5 Baths
2,500 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $1,450,000 $580 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $13,698/month

168 Days on Market

Highlights

  • Spa
  • Lake View
  • Deck
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 3-minute walk to Stockley St Playground

About This Home

As of December 2019

2.5 blocks to the beach! Recently renovated Rehoboth classic coastal cottage with 6 bedrooms and 5 full baths. Enter the charming screened porch to the 1st floor that includes a living room centered by a gas fireplace, dining room, gourmet kitchen, breakfast porch, en suite master with exit to its own private screened porch, en suite guest bedroom, full hall bath and additional guest bedroom. The charming 2nd floor provides a bunk room and trundle bedroom with a deck overlooking Sliver Lake. These two bedrooms share a hall bath with shower. An additional bunk room with built-in twin bed, another bunk bed and private designer shower bath completes this level. 2 water heaters and 2 outdoor showers assure that all can wash away the sand. The property also provides a huge patio complete with fire pit and a separate lovely cottage-like rear dwelling that can be utilized as a retreat from the main house, game room or studio, a storage shed, in-ground hot tub, and sizeable backyard patio with fire pit. Amazing Rental income. Please ask your agent for details.

Last Agent to Sell the Property

Cynthia Daniel

Jack Lingo - Rehoboth License #RS-0013896 Listed on: 04/21/2019

Jack Lingo - Rehoboth

Co-Listed By

Susannah Griffin

Long & Foster Real Estate, Inc. License #RS-0015236

Last Buyer's Agent

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 75x98
  • South Facing Home
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition
  • Zoning described as Town Codes

Home Design

  • Coastal Architecture
  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.05-99.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,683

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: see attached addendum
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: a few exclusions
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1930
  • Remarks Public: 2.5 blocks to the beach! Recently renovated Rehoboth classic coastal cottage with 6 bedrooms and 5 full baths. Enter the charming screened porch to the 1st floor that includes a living room centered by a gas fireplace, dining room, gourmet kitchen, breakfast porch, en suite master with exit to its own private screened porch, en suite guest bedroom, full hall bath and additional guest bedroom. The charming 2nd floor provides a bunk room and trundle bedroom with a deck overlooking Sliver Lake. These two bedrooms share a hall bath with shower. An additional bunk room with built-in twin bed, another bunk bed and private designer shower bath completes this level. 2 water heaters and 2 outdoor showers assure that all can wash away the sand. The property also provides a huge patio complete with fire pit and a separate lovely cottage-like rear dwelling that can be utilized as a retreat from the main house, game room or studio, a storage shed, in-ground hot tub, and sizeable backyard patio with fire pit. Amazing Rental income. Please ask your agent for details.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Refrigerator, Microwave, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Interior Access, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Net Sq Ft: 2500.00
  • Price Per Sq Ft: 600.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 217

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Hot Tub, Outside Shower, Outbuilding(s)
  • Road Surface Type: Paved
  • Roof: Shingle, Asphalt
  • Spa: No
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Window Unit(s), Zoned
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Lot Features: Landscaping
  • Lot Size Acres: 0.16
  • Lot Dimensions: 75x98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Property Condition: Very Good
  • Zoning: Q
  • Zoning Description: Town Codes
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5202765
  • Tax Annual Amount: 1683.00
  • Assessor Parcel Number: 334-20.05-99.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/17/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2019
Closed on
Dec 10, 2019
Sold by
Crane Anthony J and Crane Cynthia B
Bought by
Kantzes John E and Kantzes Sarah M
Seller's Agent
Cynthia Daniel
Jack Lingo - Rehoboth
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Current Estimated Value
$2,481,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,190
Avg. Annual Appreciation
9.97%
Original Mortgage
$960,000
Outstanding Balance
$845,818
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,631,899

Purchase Details

Closed on
Jun 19, 1998
Bought by
Crane Anthony J Cynthia B Crane
Source: Public Records

Range of Values:

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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
Kantzes John E $1,450,000 None Available
Crane Anthony J Cynthia B Crane $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kantzes John Emory $300,000
Open Kantzes John E $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $1,450,000 -3.3% $580 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $1,500,000 -3.2% $600 / Sq Ft
09/02/2019 09/02/19 Price Changed $1,550,000 -6.1% $620 / Sq Ft
04/21/2019 04/21/19 For Sale $1,650,000 -- $660 / 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 $1,373 $27,850 $14,050 $13,800
2023 $1,372 $27,850 $14,050 $13,800
2022 $1,324 $27,850 $14,050 $13,800
2021 $1,311 $27,850 $14,050 $13,800
2020 $1,308 $27,850 $14,050 $13,800
2019 $1,309 $27,850 $14,050 $13,800
2018 $1,223 $27,850 $0 $0
2017 $1,171 $27,850 $0 $0
2016 $1,112 $27,850 $0 $0
2015 $1,063 $27,850 $0 $0
2014 $1,055 $27,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138302

Bright MLS

APN: 334-20.05-99.00