Seller's Agent in 2023
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
151 in this area
864 Total Sales
226 State Rd Rehoboth Beach, DE 19971
Estimated Value: $391,014 - $2,611,000
5
Beds
5.5
Baths
2,500
Sq Ft
$691/Sq Ft
Est. Value
Highlights
- Concrete Pool
- Coastal Architecture
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Recreation Room
- 2-minute walk to Rehoboth Canal Walk
About This Home
As of August 2023MASSIVE PRICE REDUCTION! This custom home built in 2021 features 5 BEDROOMS, 5.5 BATHS, a full finished BASEMENT and the ever desirable inground, heated 22ft x 10ft POOL located right in downtown Rehoboth. While this property would make an excellent primary or second home, the investment potential as a rental property is second to none. Built with a firm understanding of what renters are looking for, this home has an extremely impressive rental history. This property has over $115K on the books for 2023 with dates still left to book! What’s more, this home is being sold turn-key, fully furnished with high end pieces. Upon entry, you’ll be welcomed into the spacious living room which reaches through to the kitchen and dining area. Luxury vinyl plank flooring flows throughout the entirety of the home's living spaces and bedrooms. The first floor primary suite entrance is encased by double doors and boasts a large bedroom, sun filled windows and an attached bath with custom tiled shower and dual vanities. The kitchen has stainless steel appliances, custom pendant lighting and a large island perfect for entertaining. With large sliding glass doors leading out to the pool, you are only steps away from the backyard oasis. Here you’ll find the large concrete pool complete with patio area, BBQ grill with propane gas line, irrigation system and large outbuilding for storage, all fenced in with 6 foot privacy fencing. Back inside, the kitchen flows into the dining space, making gathering for meal times a breeze. The dining area is accented by custom millwork, an enormous picture window and plenty of space to fit all guests of the home. An entirely separate living area and game center awaits in the fully finished basement. This space is enhanced with recessed lighting, huge pool table, large flat screen TV multiple sitting areas and even a Skee Ball machine! Upstairs you’ll find the remaining 4 bedroom suites, complete with their own full, custom tile work bathrooms and pocket doors. The laundry room is conveniently located on the 2nd floor. Walk to Dogfish Head Brew Pub, Rise Up, Egg & so many more popular Rehoboth Beach shops, restaurants and bars. The beach and boardwalk are just a few short blocks away – nearby Hickman Street offers a direct route.
Last Agent to Sell the Property
(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 01/24/2023
Co-Listed By
(302) 562-7954 merritt@jacklingo.com Jack Lingo - Lewes License #RS-0023847
Last Buyer's Agent
(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,095
Year Built
- Built in 2021
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Property is Fully Fenced
- Privacy Fence
- Vinyl Fence
- Landscaped
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
HOA Fees
- $2 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Block Foundation
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 2,500 Sq Ft Home
- Property has 3 Levels
- Furnished
- Ceiling Fan
- Recessed Lighting
- Sliding Doors
- Living Room
- Combination Kitchen and Dining Room
- Recreation Room
- Fire and Smoke Detector
- Attic
- Finished Basement
Kitchen
- Gas Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
- Instant Hot Water
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
- Off-Street Parking
Pool
- Concrete Pool
- Fence Around Pool
Outdoor Features
- Patio
- Shed
- Outbuilding
- Outdoor Grill
- Porch
Utilities
- Central Air
- Heat Pump System
- Water Heater
Community Details
- Built by Cottages of Rehoboth
- Country Club Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-13.20-242.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2023
Sold by
Davis George W and Davis Elizabeth Ramsey
Bought by
Eliza Blue Realty Llc
Current Estimated Value
Purchase Details
Listed on
Jan 24, 2023
Closed on
Aug 4, 2023
Sold by
Mcglone Thomas E and Mcglone Andrew D
Bought by
Davis George W and Davis Elizabeth Ramsey
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$2,550,000
Sold Price
$2,327,000
Premium/Discount to List
-$223,000
-8.75%
Views
381
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.93%
Purchase Details
Listed on
Mar 31, 2014
Closed on
Mar 2, 2015
Sold by
Julie S Julie S and Lelacheur Joan E
Bought by
Mcglone Thomas E and Meddick Andrew D
Seller's Agent
KAREN GUSTAFSON
Keller Williams Realty
Buyer's Agent
Andy Meddick
Keller Williams Realty
List Price
$545,000
Sold Price
$545,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Purchase Details
Closed on
Sep 17, 2013
Sold by
Lelacheur Joan E
Bought by
Lelacheur Joan E and Peters Julie S
Purchase Details
Closed on
Sep 10, 2013
Sold by
Lelacheur Joan E
Bought by
Lelacheur Joan E and Peters Julie S
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 |
|---|---|---|---|
| Eliza Blue Realty Llc | -- | None Listed On Document | |
| Davis George W | $2,327,000 | None Listed On Document | |
| Mcglone Thomas E | $545,000 | -- | |
| Lelacheur Joan E | -- | -- | |
| Lelacheur Joan E | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2023 08/07/23 | Sold | $2,327,000 | +1.2% | $931 / Sq Ft |
| 05/22/2023 05/22/23 | Price Changed | $2,300,000 | -9.8% | $920 / Sq Ft |
| 01/24/2023 01/24/23 | For Sale | $2,550,000 | +367.9% | $1,020 / Sq Ft |
| 03/02/2015 03/02/15 | Sold | $545,000 | 0.0% | -- |
| 11/02/2014 11/02/14 | Pending | -- | -- | -- |
| 03/31/2014 03/31/14 | For Sale | $545,000 | -- | -- |
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 | $3,227 | $17,600 | $6,250 | $11,350 |
| 2024 | $1,866 | $17,600 | $6,250 | $11,350 |
| 2023 | $1,864 | $17,600 | $6,250 | $11,350 |
| 2022 | $1,799 | $17,600 | $6,250 | $11,350 |
| 2021 | $829 | $17,600 | $6,250 | $11,350 |
| 2020 | $826 | $17,600 | $6,250 | $11,350 |
| 2019 | $828 | $17,600 | $6,250 | $11,350 |
| 2018 | $773 | $17,600 | $0 | $0 |
| 2017 | $740 | $17,600 | $0 | $0 |
| 2016 | $703 | $17,600 | $0 | $0 |
| 2015 | $641 | $16,800 | $0 | $0 |
| 2014 | -- | $16,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Lingo
-
Merritt Cooch
Seller Co-Listing Agent in 2023
Merritt Cooch
Jack Lingo - Lewes
(302) 562-7954
18 in this area
89 Total Sales
-
Brian Barrows
Buyer's Agent in 2023
Brian Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 228-0204
136 in this area
382 Total Sales
-
Jennifer Barrows
Buyer Co-Listing Agent in 2023
Jennifer Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 841-9505
102 in this area
238 Total Sales
-
KAREN GUSTAFSON
Seller's Agent in 2015
KAREN GUSTAFSON
Keller Williams Realty
(302) 236-8821
13 in this area
16 Total Sales
-
Andy Meddick
A
Buyer's Agent in 2015
Andy Meddick
Keller Williams Realty
(302) 381-6182
5 in this area
5 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2034988
APN: 334-13.20-242.01
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