NOT LISTED FOR SALE

227 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $2,722,456 - $3,344,000

5 Beds
4.5 Baths
2,530 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,775,000 $702 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $16,816/month

Highlights

  • Coastal Architecture
  • Wood Flooring
  • No HOA
  • Rehoboth Elementary School Rated A
  • Attic
  • 4-minute walk to Stockley St Playground

About This Home

As of April 2019

Entertain in style in this elegant 5 bedroom seaside abode. Spacious 1st floor and 2nd floor Masters, detached 1 car garage, generous front porch and all the bells and whistles such as wood floors, quartz, handsome cabinetry and a very guest-friendly floorplan in magnificent downtown- Rehoboth Beach. Sellers are licensed DE REALTORS.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/06/2018

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned CITY, MEDIUM RESIDENTIAL

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Shingle Siding
  • Stick Built Home

Interior Spaces

  • 2,530 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-412.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer/Dryer Hookups Only, Water Heater, Oven/Range - Gas
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2530
  • Living Area Sq Ft: 2530
  • Net Sq Ft: 2530.00
  • Price Per Sq Ft: 710.67
  • Above Grade Finished Sq Ft: 2530
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Shingle Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: CITY
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1995.00
  • Assessor Parcel Number: 334-14.17-412.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 04/26/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Apr 26, 2019
Sold by
625 Rehoboth Avenue Llc
Bought by
Corvo Tara M and Haynos Robert A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$1,798,000
Sold Price
$1,775,000
Premium/Discount to List
-$23,000
-1.28%
Current Estimated Value
$3,108,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,152
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,420,000
Outstanding Balance
$1,243,370
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,864,782
Source: Public Records

Range of Values:

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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
Corvo Tara M $1,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corvo Tara M $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $1,775,000 -1.3% $702 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
04/06/2018 04/06/18 For Sale $1,798,000 -- $711 / 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 $4,045 $0 $0 $0
2024 $1,893 $0 $0 $0
2023 $1,891 $0 $0 $0
2022 $1,825 $0 $0 $0
2021 $1,808 $0 $0 $0
2020 $1,803 $0 $0 $0
2019 $1,805 $0 $0 $0
2018 $303 $6,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEBBIE REED

    Seller's Agent in 2019

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    274 in this area

    835 Total Sales

    DEBBIE REED
    Section Image
  • Randy Mason

    Buyer's Agent in 2019

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    80 in this area

    108 Total Sales

    Randy Mason
    Section Image
  • Shirley Kalvinsky

    Buyer Co-Listing Agent in 2019

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    36 in this area

    76 Total Sales

    Shirley Kalvinsky
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001572154

Bright MLS

APN: 3341417041201

Delaware Sussex County Rehoboth Beach 19971

227 Laurel St, Rehoboth Beach, DE

This home is located at 227 Laurel St, Rehoboth Beach, DE 19971 since 06 April 2018 and is currently estimated at $3,108,152, approximately $1,228 per square foot. This property was built in 2018. 227 Laurel St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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