NOT LISTED FOR SALE

Estimated Value: $1,306,730

3 Beds
1 Bath
1,100 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $1,500,000 $1,364 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,364/month

Highlights

  • No HOA
  • Cottage
  • Shed
  • Rehoboth Elementary School Rated A
  • More Than Two Accessible Exits
  • 1-minute walk to Deer Park

About This Home

As of January 2024

An adjacent vacant lot ( 21 Fourth Street) was sold with the property. This property was not put live into Bright MLS at the request of the Seller and sold to specific Buyer.

Last Listed By

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 01/08/2024

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1980

Lot Details

  • 9,584 Sq Ft Lot
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Cottage
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Shed

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,852

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: An adjacent vacant lot ( 21 Fourth Street) was sold with the property. This property was not put live into Bright MLS at the request of the Seller and sold to specific Buyer.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 1363.64
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9584.00
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 862.00
  • Tax Annual Amount: 1852.00
  • Assessor Parcel Number: NO TAX RECORD
  • County Tax Payment Frequency: Annually
  • Close Date: 01/05/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Dec 22, 2023
Sold by
Mary R Sutherland Revocable Trust
Bought by
Richard B Green Revocable Trust and Green
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,306,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,270
Avg. Annual Appreciation
-10.96%
Original Mortgage
$1,480,000
Interest Rate
7.29%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
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
Richard B Green Revocable Trust $750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Richard B Green Revocable Trust $1,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 For Sale $1,500,000 0.0% $1,364 / Sq Ft
01/05/2024 01/05/24 Sold $1,500,000 -- $1,364 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
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 $1,023 $20,750 $10,000 $10,750
2023 $1,022 $20,750 $10,000 $10,750
2022 $986 $20,750 $10,000 $10,750
2021 $977 $20,750 $10,000 $10,750
2020 $974 $20,750 $10,000 $10,750
2019 $976 $20,750 $10,000 $10,750
2018 $911 $20,750 $0 $0
2017 $873 $20,750 $0 $0
2016 $829 $20,750 $0 $0
2015 $792 $20,750 $0 $0
2014 $786 $20,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052458

Bright MLS

APN: 334-14.17-5.00