NOT LISTED FOR SALE

225 Munson St Rehoboth Beach, DE 19971

Estimated Value: $1,770,862 - $3,349,000

5 Beds
4.5 Baths
3,176 Sq Ft
4,792 Sq Ft Lot

Last Sold March 20, 2015

Last sale price $1,600,000 $504 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $15,130/month

Highlights

  • In Ground Pool
  • Coastal Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Deck
  • 5-minute walk to Dune Nature Park

About This Home

As of March 2015

The finest of South Rehoboth! This custom home is just blocks to the ocean, boardwalk and Rehoboth Avenue. No detail has been overlooked with 10' ceilings, 2 owner's suites, gourmet kitchen, screened porch, decks from all bedrooms and a large in-ground pool. Perfect for year around or rental.

Last Agent to Sell the Property

GREGORY GOLDMAN

(302) 581-9811 greg.goldman@cbmove.com Coldwell Banker Realty License #37107 Listed on: 10/09/2014

Coldwell Banker Realty

Last Buyer's Agent

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach

Iron Valley Real Estate at The Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2005

Lot Details

  • 4,792

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,176 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Combination Kitchen and Living
  • Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Six Burner Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Landscaped
  • Flood Risk

Community Details

  • No Home Owners Association
  • Low-Rise Condominium
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-378.00

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,400

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Remarks Public: The finest of South Rehoboth! This custom home is just blocks to the ocean, boardwalk and Rehoboth Avenue. No detail has been overlooked with 10' ceilings, 2 owner's suites, gourmet kitchen, screened porch, decks from all bedrooms and a large in-ground pool. Perfect for year around or rental.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Wall, Six Burner Stove, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3176
  • Living Area Sq Ft: 3176
  • Net Sq Ft: 3176.00
  • Price Per Sq Ft: 528.97
  • Above Grade Finished Sq Ft: 3176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • 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
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Size Units: Acres
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196828
  • Tax Annual Amount: 2400.00
  • Assessor Parcel Number: 334-14.17-378.00
  • County Tax Payment Frequency: Annually
  • Close Date: 03/20/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Mar 20, 2015
Sold by
Stephen E Stephen E and Anderson Laura M
Bought by
Churchey Christopher W and Churchey Carol Anne
Seller's Agent
GREGORY GOLDMAN
Coldwell Banker Realty
Buyer's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$2,779,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,179,954
Avg. Annual Appreciation
5.40%
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
Churchey Christopher W $1,600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $1,600,000 0.0% $504 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $1,600,000 -- $504 / 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 $4,688 $48,900 $7,500 $41,400
2024 $2,410 $48,900 $7,500 $41,400
2023 $2,408 $48,900 $7,500 $41,400
2022 $2,324 $48,900 $7,500 $41,400
2021 $2,303 $48,900 $7,500 $41,400
2020 $2,296 $48,900 $7,500 $41,400
2019 $2,299 $48,900 $7,500 $41,400
2018 $2,147 $48,900 $0 $0
2017 $2,056 $48,900 $0 $0
2016 $1,953 $48,900 $0 $0
2015 $1,866 $48,900 $0 $0
2014 $1,853 $48,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000986304

Bright MLS

APN: 334-14.17-378.00