Seller's Agent in 2021
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
80 in this area
108 Total Sales
220 Philadelphia St Rehoboth Beach, DE 19971
Estimated Value: $653,237 - $3,786,000
5
Beds
8
Baths
--
Sq Ft
7,500
Sq Ft Lot
Highlights
- New Construction
- In Ground Pool
- Contemporary Architecture
- Rehoboth Elementary School Rated A
- Open Floorplan
- 4-minute walk to Dune Nature Park
About This Home
As of November 2021TO BE BUILT: New 5 Bedroom, 5 ensuite full baths and 3 half baths (one on living level, one in the lower-level and one accessible from the pool) with inground swimming pool only 3 blocks to the beach and 2 blocks to the center of town on an oversized lot. Open space living floorplan features a Great Room with vaulted ceiling opening to both the pool and the screened porch. Upscale finishes and Thermador kitchen appliances First floor bedroom and each of the additional bedrooms all have their own private baths. The light-filled lower level is bonus entertaining space complete with wet bar, TV area, room for a pool table, and dedicated movie room, plus storage. Outside is a new inground pool which will be great for entertaining family and friends. Close enough to walk to the beach and all in town amenities but tucked away from the crowds on a quiet street. The large 75x100 lot allows for a bigger home plus a pool under City regulations and will have the pool, a pool pavilion and fire pit. In town homes include free parking passes for your cars and two transferable ones for guests. Low taxes help make this a great getaway or permanent home. Construction by Cottages of Rehoboth, a previous winner of several Rehoboth Beach Cottage Awards.
Last Agent to Sell the Property
(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 11/10/2020
Co-Listed By
(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681
Last Buyer's Agent
(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 11/10/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,808
Year Built
- Built in 2021 | New Construction
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 75.00 x 100.00
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
Parking
- 2 Parking Spaces
Home Design
- Contemporary Architecture
- Architectural Shingle Roof
- HardiePlank Type
- Stick Built Home
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Gas Fireplace
- Great Room
- Dining Room
- Screened Porch
- Wood Flooring
Kitchen
- Built-In Oven
- Cooktop
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Front Loading Dryer
- Front Loading Washer
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Interior Basement Entry
Pool
- In Ground Pool
- Gunite Pool
- Fence Around Pool
- Outdoor Shower
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Powered By Leased Propane
- Tankless Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Built by Cottages of Rehoboth
- South Rehoboth Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-14.17-355.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2020
Closed on
Nov 19, 2021
Sold by
220 Philadelphia Street Llc
Bought by
Rb220 Llc
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$2,749,000
Sold Price
$2,863,714
Premium/Discount to List
$114,714
4.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$359,302
Avg. Annual Appreciation
-3.42%
Original Mortgage
$2,577,056
Outstanding Balance
$2,361,427
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$142,985
Purchase Details
Listed on
Jul 30, 2020
Closed on
Oct 30, 2020
Sold by
Hill Sabrina M and Derrickson Lance B
Bought by
220 Philadelphia St Llc
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$1,389,000
Sold Price
$1,325,000
Premium/Discount to List
-$64,000
-4.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.34%
Original Mortgage
$1,700,000
Interest Rate
2.9%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rb220 Llc | $2,863,714 | None Listed On Document | |
| 220 Philadelphia St Llc | $1,325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rb220 Llc | $2,577,056 | |
| Previous Owner | 220 Philadelphia St Llc | $1,700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $2,863,714 | +1.4% | -- |
| 04/18/2021 04/18/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | Price Changed | $2,825,000 | +2.8% | -- |
| 11/10/2020 11/10/20 | For Sale | $2,749,000 | +107.5% | -- |
| 10/30/2020 10/30/20 | Sold | $1,325,000 | -1.9% | $946 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 08/31/2020 08/31/20 | Price Changed | $1,350,000 | -2.8% | $964 / Sq Ft |
| 07/30/2020 07/30/20 | For Sale | $1,389,000 | -- | $992 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,701 | $26,450 | $11,250 | $15,200 |
| 2024 | $2,420 | $26,450 | $11,250 | $15,200 |
| 2023 | $2,418 | $26,450 | $11,250 | $15,200 |
| 2022 | $2,334 | $26,450 | $11,250 | $15,200 |
| 2021 | $1,246 | $26,450 | $11,250 | $15,200 |
| 2020 | $200 | $26,450 | $11,250 | $15,200 |
| 2019 | $1,244 | $26,450 | $11,250 | $15,200 |
| 2018 | $1,162 | $26,450 | $0 | $0 |
| 2017 | $1,112 | $26,450 | $0 | $0 |
| 2016 | $1,057 | $26,450 | $0 | $0 |
| 2015 | $1,010 | $26,450 | $0 | $0 |
| 2014 | $1,002 | $26,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Mason
-
Shirley Kalvinsky
Seller Co-Listing Agent in 2021
Shirley Kalvinsky
Jack Lingo - Rehoboth
(302) 227-3883
36 in this area
76 Total Sales
-
Tracy Kelley
Seller's Agent in 2020
Tracy Kelley
Jack Lingo - Rehoboth
(302) 227-3883
22 in this area
37 Total Sales
Map
Source: Bright MLS
MLS Number: DESU172512
APN: 334-14.17-355.00
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