NOT LISTED FOR SALE

227 Munson St Rehoboth Beach, DE 19971

Estimated Value: $579,649 - $3,315,000

4 Beds
4.5 Baths
2,490 Sq Ft
$958/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $3,050,000 $1,225 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $13,145/month

50 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • 4-minute walk to Dune Nature Park

About This Home

As of May 2024

New construction custom home in South Rehoboth! Situated just 3 blocks from the beach this stunning home is the ideal rental property, summer getaway, or year-round residence. Boasting 4 bedrooms, 4.5 baths, private en-suites in each bedroom, a sprawling open floor plan, light-filled gourmet kitchen, in-ground pool and more. Upon entering you are greeted by a welcoming foyer with white oak hardwood floors that continue throughout the home and lead to the living room which features a gas fireplace flanked by built-in bookcases, wet bar, and coffered ceilings. Off the living room is a stunning gourmet kitchen with an oversized island, granite counters, Wolf appliance package including a 6-burner gas range, hood, French door refrigerator, drawer microwave, and Bosch dishwasher. Ideal for entertaining, the dining area provides an abundance of natural light from the sliding glass doors which offer a view to the fully fenced backyard providing optimal privacy and an in-ground pool perfect for summer fun! Step upstairs to find 3 additional bedrooms each with 9-foot ceilings and spa-like tiled baths. Located steps from Rehoboth Avenue you will have easy access to a magnitude of highly-rated restaurants and boutiques plus access to the beach and boardwalk. Photos are of a similar home and available for showings.

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/25/2023

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/25/2023

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Privacy Fence
  • Vinyl Fence
  • Corner Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Cedar

Interior Spaces

  • 2,490 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Formal Dining Room

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Electric Front Loading Dryer
  • Front Loading Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near an ocean
  • Shed
  • Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Tankless Water Heater
  • Propane Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 334-14.17-380.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: New construction custom home in South Rehoboth! Situated just 3 blocks from the beach this stunning home is the ideal rental property, summer getaway, or year-round residence. Boasting 4 bedrooms, 4.5 baths, private en-suites in each bedroom, a sprawling open floor plan, light-filled gourmet kitchen, in-ground pool and more. Upon entering you are greeted by a welcoming foyer with white oak hardwood floors that continue throughout the home and lead to the living room which features a gas fireplace flanked by built-in bookcases, wet bar, and coffered ceilings. Off the living room is a stunning gourmet kitchen with an oversized island, granite counters, Wolf appliance package including a 6-burner gas range, hood, French door refrigerator, drawer microwave, and Bosch dishwasher. Ideal for entertaining, the dining area provides an abundance of natural light from the sliding glass doors which offer a view to the fully fenced backyard providing optimal privacy and an in-ground pool perfect for summer fun! Step upstairs to find 3 additional bedrooms each with 9-foot ceilings and spa-like tiled baths. Located steps from Rehoboth Avenue you will have easy access to a magnitude of highly-rated restaurants and boutiques plus access to the beach and boardwalk. Photos are of a similar home and available for showings.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Dryer - Front Loading, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Water Heater - Tankless
  • Flooring Type: Hardwood, Marble, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Double Hung, Casement
  • Fireplace Features: Gas/Propane, Stone, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished, Full
  • Laundry Type: Basement
  • Total Sq Ft: 2490
  • Living Area Sq Ft: 2490
  • Price Per Sq Ft: 1283.13
  • Above Grade Finished Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

Beds/Baths

  • Bedrooms: 4
  • 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, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Cedar, Hardiplank Type, Stone
  • Construction Completed: No
  • Exterior Features: Underground Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Vinyl, Privacy
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 728.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1321.76
  • Assessor Parcel Number: 334-14.17-380.00
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
May 10, 2024
Sold by
Munson Street Llc
Bought by
Littleton Judson Owen and Littleton Caroline Edsall
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$3,195,000
Sold Price
$3,050,000
Premium/Discount to List
-$145,000
-4.54%
Views
329
Current Estimated Value
$2,385,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$664,117
Avg. Annual Appreciation
-15.67%

Purchase Details

Listed on
Dec 10, 2022
Closed on
Mar 17, 2023
Sold by
Patricia Ann Muirhead Irrevocable Trust
Bought by
Munson Street Llc
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Brian Barry
Jack Lingo - Rehoboth
List Price
$1,599,000
Sold Price
$1,325,000
Premium/Discount to List
-$274,000
-17.14%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.47%
Original Mortgage
$1,840,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2017
Sold by
Muirhead Patricia A
Bought by
Rash Kathryn D

Purchase Details

Closed on
May 27, 1992
Bought by
Muirhead Patricia A and Fern Carr Ewi
Source: Public Records

Range of Values:

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Average Value
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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
Littleton Judson Owen $3,050,000 None Listed On Document
Munson Street Llc $1,325,000 --
Rash Kathryn D -- --
Muirhead Patricia A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munson Street Llc $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $3,050,000 -4.5% $1,225 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $3,195,000 +141.1% $1,283 / Sq Ft
03/17/2023 03/17/23 Sold $1,325,000 -11.6% --
02/11/2023 02/11/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $1,499,000 -6.3% --
12/10/2022 12/10/22 For Sale $1,599,000 -- --
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 $2,045 $16,900 $7,500 $9,400
2023 $832 $16,900 $7,500 $9,400
2022 $803 $16,900 $7,500 $9,400
2021 $796 $16,900 $7,500 $9,400
2020 $793 $16,900 $7,500 $9,400
2019 $795 $16,900 $7,500 $9,400
2018 $742 $16,900 $0 $0
2017 $416 $16,900 $0 $0
2016 $404 $16,900 $0 $0
2015 $388 $16,900 $0 $0
2014 $381 $16,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2040304

Bright MLS

APN: 334-14.17-380.00