Seller's Agent in 2023
DEBBIE REED
RE/MAX
(302) 227-3818
304 in this area
899 Total Sales
229 Laurel St Rehoboth Beach, DE 19971
Estimated Value: $3,144,100 - $3,342,000
5
Beds
4.5
Baths
2,530
Sq Ft
$1,284/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Coastal Architecture
- Main Floor Bedroom
- Rehoboth Elementary School Rated A
- Wood Flooring
- 4-minute walk to Stockley Street Park
About This Home
As of September 2023Come see this South Rehoboth beauty situated on a gorgeous tree-lined street featuring Beach Chic living with 5 bedrooms and 4.5 baths. This stunning home was built in 2018, but looks pristine and will be sold completely furnished down to the linens, kitchen items and all things needed for beach goers. Entertain graciously with the open floor plan and beyond by simply sliding the front porch doors open for additional seating. Your family and guests will love the proximity to the beach and they will have their choice of a first or second floor master or one of the other 3 guestrooms. A rarity in Rehoboth Beach; this home features a single car garage plus an additional off-street parking space. Many additional thoughtful upgrades and special touches were made by these sellers including a fenced in backyard. The generous basement is perfect for extra storage or perhaps a home gym. Drive by in the evening to take in the elegant outdoor lighting.
More details to follow.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,661
Year Built
- Built in 2019
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Back Yard Fenced
- Landscaped
- Corner Lot
- Property is in excellent condition
- Property is zoned TN
Parking
- 1 Car Attached Garage
- 2 Driveway Spaces
- Garage Door Opener
- 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
- Open Floorplan
- Furnished
- Gas Fireplace
- Insulated Windows
- Window Screens
- Insulated Doors
- Living Room
- Dining Room
- Den
- Screened Porch
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry on main level
Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Leased Propane
- Propane Water Heater
- Municipal Trash
- Public Septic
Additional Features
- More Than Two Accessible Exits
- Screened Patio
Community Details
- No Home Owners Association
- South Rehoboth Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 334-14.17-412.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2023
Closed on
Sep 15, 2023
Sold by
Thom And Rebecca Foley Family Trust
Bought by
229 Laurel Street Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$2,995,000
Sold Price
$2,995,000
Total Days on Market
0
Views
66
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
$254,367
Avg. Annual Appreciation
5.19%
Purchase Details
Closed on
May 18, 2020
Sold by
Foley Thomas and Foley Rebecca
Bought by
Thomas & Rebecca Foley Ft
Purchase Details
Listed on
Apr 6, 2018
Closed on
Sep 4, 2019
Sold by
625 Rehoboth Avenue Llc
Bought by
Foley Thomas and Foley Rebecca
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,798,000
Sold Price
$1,715,000
Premium/Discount to List
-$83,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Purchase Details
Closed on
Jan 17, 2018
Sold by
Lower Edward V
Bought by
625 Rehoboth Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 10, 2018
Sold by
Lower Edward V
Bought by
625 Rehoboth Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| 229 Laurel Street Llc | $2,995,000 | None Listed On Document | |
| Thomas & Rebecca Foley Ft | -- | None Available | |
| Foley Thomas | $1,715,000 | -- | |
| 625 Rehoboth Avenue Llc | $1,683,170 | -- | |
| 625 Rehoboth Avenue Llc | $1,683,170 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 625 Rehoboth Avenue Llc | $1,000,000 | |
| Previous Owner | 625 Rehoboth Avenue Llc | $2,100,000 | |
| Previous Owner | 625 Rehoboth Avenue Llc | $2,100,000 | |
| Previous Owner | Rev Trust Of Louzetta L Morris | $938,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $2,995,000 | 0.0% | $1,184 / Sq Ft |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $2,995,000 | +74.6% | $1,184 / Sq Ft |
| 09/06/2019 09/06/19 | Sold | $1,715,000 | -2.0% | $678 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | Price Changed | $1,749,500 | -1.0% | $692 / Sq Ft |
| 07/01/2019 07/01/19 | Price Changed | $1,768,000 | -0.6% | $699 / Sq Ft |
| 05/06/2019 05/06/19 | Price Changed | $1,778,000 | -1.1% | $703 / Sq Ft |
| 04/06/2018 04/06/18 | For Sale | $1,798,000 | -- | $711 / 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 |
|---|---|---|---|---|
| 2024 | $2,036 | $40,350 | $13,750 | $26,600 |
| 2023 | $2,034 | $40,350 | $13,750 | $26,600 |
| 2022 | $1,963 | $40,350 | $13,750 | $26,600 |
| 2021 | $1,945 | $40,350 | $13,750 | $26,600 |
| 2020 | $1,939 | $40,350 | $13,750 | $26,600 |
| 2019 | $1,942 | $40,350 | $13,750 | $26,600 |
| 2018 | $1,471 | $33,500 | $0 | $0 |
| 2017 | $1,297 | $40,350 | $0 | $0 |
| 2016 | $1,112 | $40,350 | $0 | $0 |
| 2015 | $1,040 | $40,350 | $0 | $0 |
| 2014 | $1,029 | $40,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
Cyndi Marsh
Seller Co-Listing Agent in 2023
Cyndi Marsh
RE/MAX
(302) 363-5734
34 in this area
79 Total Sales
-
Lucius Webb
Buyer's Agent in 2023
Lucius Webb
Jack Lingo - Rehoboth
(302) 258-4590
33 in this area
98 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2044470
APN: 334-14.17-412.00
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