NOT LISTED FOR SALE

230 State Rd Rehoboth Beach, DE 19971

Estimated Value: $552,973 - $2,551,000

5 Beds
4.5 Baths
3,000 Sq Ft
$658/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,392,000 $464 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,716/month

116 Days on Market

Highlights

  • New Construction
  • Water Oriented
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of September 2020

JUST COMPLETED CUSTOM BUILD!! This can be YOUR LIGHT! ESCAPE IT ALL-move to the Beach-Gorgeous New Custom Home in-town Rehoboth! Ready for immediate occupancy and situated on a side walk lined street within walking distance to everything the town of Rehoboth Beach has to offer. This incredible 3,000 +/- sq. ft home features 5 bedrooms, 4.5 baths, will exceed your expectations, and is the best priced new construction in-town. Gourmet eat in kitchen with top of the line appliances, granite counters, top notch wood cabinetry, breakfast bar and pantry. Enjoy a sunlit living area with gas fireplace, large spaces for gathering, front porch/ back screened porch, and luxurious first floor master suite. Home is energy efficient, maximized for outdoor living, and is the perfect coastal retreat. Smart and practical details galore: BASEMENT for extra storage, hardy plank exterior siding, attached shed for bikes and beach chairs, outdoor shower, irrigation, walk-in closets, PLUS a total of 3 incredible master suites. TOO many extra details to list here! Remarkable curb appeal, incredible finishing touches, light filled rooms, and open concept floor plan. Prime location: Great restaurants, unique shops, our mile long boardwalk, white sandy beach. and picturesque state parks, all nearby! The city and State of Delaware has LOWEST in yearly taxes, compared to our neighboring states! Estimated rental projection of up to $7,000 Week during peak weeks!!! View this expertly designed custom home ANY TIME: unparalleled in price and value, so act fast. Take a 3D Tour: cut and paste into browser: https://my.matterport.com/show/?m=2dzVKvGNwMM&mls=1

Last Agent to Sell the Property

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023 Listed on: 03/25/2020

Jack Lingo - Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Downtown Location
  • South Facing Home
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned TN 1270, Town Codes

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Garden Views
  • Unfinished Basement
  • English Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Private Parking
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Storage Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Gary Glass HOA

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 334-13.20-244.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: All Appliances and Fixtures
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: JUST COMPLETED CUSTOM BUILD!! This can be YOUR LIGHT! ESCAPE IT ALL-move to the Beach-Gorgeous New Custom Home in-town Rehoboth! Ready for immediate occupancy and situated on a side walk lined street within walking distance to everything the town of Rehoboth Beach has to offer. This incredible 3,000 +/- sq. ft home features 5 bedrooms, 4.5 baths, will exceed your expectations, and is the best priced new construction in-town. Gourmet eat in kitchen with top of the line appliances, granite counters, top notch wood cabinetry, breakfast bar and pantry. Enjoy a sunlit living area with gas fireplace, large spaces for gathering, front porch/ back screened porch, and luxurious first floor master suite. Home is energy efficient, maximized for outdoor living, and is the perfect coastal retreat. Smart and practical details galore: BASEMENT for extra storage, hardy plank exterior siding, attached shed for bikes and beach chairs, outdoor shower, irrigation, walk-in closets, PLUS a total of 3 incredible master suites. TOO many extra details to list here! Remarkable curb appeal, incredible finishing touches, light filled rooms, and open concept floor plan. Prime location: Great restaurants, unique shops, our mile long boardwalk, white sandy beach. and picturesque state parks, all nearby! The city and State of Delaware has LOWEST in yearly taxes, compared to our neighboring states! Estimated rental projection of up to $7,000 Week during peak weeks!!! View this expertly designed custom home ANY TIME: unparalleled in price and value, so act fast. Take a 3D Tour: cut and paste into browser: https://my.matterport.com/show/?m=2dzVKvGNwMM&mls=1
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Washer, Water Heater - Tankless, Dryer - Electric
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Gourmet, Pantry, Recessed Lighting, Primary Bath(s), Wood Floors
  • Window Features: Energy Efficient, Insulated, Screens
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Tray Ceilings, Vaulted Ceilings, 9'+ Ceilings
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 5, Kitchen, Family Room, Foyer, Great Room, Laundry, Primary Bathroom, Half Bath, Screened Porch, Additional Bedroom
  • Basement: Yes
  • Basement Type: English, Unfinished, Poured Concrete
  • Laundry Type: Main Floor
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 479.67
  • Above Grade Finished Sq Ft: 3000
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 230

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, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Block, Hardiplank Type, Stick Built
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Secure Storage, Underground Lawn Sprinkler
  • Road Surface Type: Paved, Black Top
  • Roof: Architectural Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned, Heat Pump(s), Programmable Thermostat
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Propane
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: GARY GLASS
  • HOA: Yes
  • 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

Green Features

  • Efficiency: Appliances, Construction

Lot Info

  • Land Use Code: Town Codes
  • Lot Features: Cleared, Front Yard, Landscaping, Rear Yard
  • 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: Balcony, Deck(s), Enclosed, Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: TN 1270
  • Zoning Description: Town Codes
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Total Actual Rent: 75000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1566.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2039.00
  • Assessor Parcel Number: 334-13.20-244.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/02/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Sep 2, 2020
Sold by
Stockley Partners Llc
Bought by
Heaton James A and Barber-Heaton Charity M
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,439,000
Sold Price
$1,392,000
Premium/Discount to List
-$47,000
-3.27%
Current Estimated Value
$1,973,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,493
Avg. Annual Appreciation
7.13%
Original Mortgage
$1,113,000
Outstanding Balance
$985,882
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$987,611

Purchase Details

Listed on
May 24, 2018
Closed on
Dec 12, 2018
Sold by
Raneses Thomas J and Raneses Mary R
Bought by
Stockley Partners Llc
Seller's Agent
BILL PEIFFER
Patterson-Schwartz-Rehoboth
Buyer's Agent
Tracy Kelley
Jack Lingo - Rehoboth
List Price
$575,000
Sold Price
$527,000
Premium/Discount to List
-$48,000
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.32%
Original Mortgage
$1,150,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Bought by
Raneses Thomas J and Raneses Mary R
Source: Public Records

Range of Values:

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Average Value
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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
Heaton James A $1,392,000 None Available
Stockley Partners Llc $527,000 --
Raneses Thomas J $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heaton James A $1,113,000
Previous Owner Stockley Partners Llc $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $1,392,000 -3.3% $464 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $1,439,000 +173.1% $480 / Sq Ft
12/12/2018 12/12/18 Sold $527,000 -4.2% $439 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $550,000 -4.3% $458 / Sq Ft
07/22/2018 07/22/18 For Sale $575,000 0.0% $479 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $575,000 -- $479 / 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 $3,014 $15,600 $6,250 $9,350
2024 $1,816 $15,600 $6,250 $9,350
2023 $1,815 $15,600 $6,250 $9,350
2022 $1,751 $15,600 $6,250 $9,350
2021 $1,735 $15,600 $6,250 $9,350
2020 $1,730 $15,600 $6,250 $9,350
2019 $294 $15,600 $6,250 $9,350
2018 $685 $15,600 $0 $0
2017 $656 $15,600 $0 $0
2016 $623 $15,600 $0 $0
2015 $595 $15,600 $0 $0
2014 $591 $15,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU158820

Bright MLS

APN: 334-13.20-244.00