NOT LISTED FOR SALE

23285 Horse Island Rd Lewes, DE 19958

Estimated Value: $666,000 - $1,102,000

3 Beds
2.5 Baths
-- Sq Ft
0.62 Acres

Last Sold August 08, 2013

Last sale price $495,208

Est. 74% increase in value since last sale

Current estimated payment $5,186/month

Highlights

  • Beach
  • Water Access
  • 0.62 Acre Lot
  • Love Creek Elementary School Rated A
  • Fitness Center
  • Lake Privileges

About This Home

As of August 2013

BAYFRONT AT REHOBOTH-experience luxury coastal living in this bayfront community w/ private beach on the Rehoboth Bay, kayak launch, pool, community center, & more! Popular Mulberry model by Schell Bros on lot 87 with great incentives! Courtyard, luxury bath, gourmet kitchen, & fireplace.

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 05/03/2013

Monument Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 2013

Lot Details

  • 0.62 Acre Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Lake Privileges
  • Patio

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Tankless Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-521.00

Community Details

Recreation

  • Beach
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Additional Features

  • Community Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 2013

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Combination Kitchen/Dining, Pantry, Entry Level Bedroom
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Office, Additional Bedroom

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Concrete
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 2928.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Fitness Center, Jog/Walk Path, Tot Lots/Playground, Swimming Pool, Water/Lake Privileges
  • HOA: Yes
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.62
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Outdoor Living Structures: Patio(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154220
  • Assessor Parcel Number: 234-18.00-521.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/08/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 12, 2013
Sold by
Schell Brothers Llc
Bought by
Legge William M and Legge Judith C
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$519,900
Sold Price
$495,208
Premium/Discount to List
-$24,692
-4.75%
Current Estimated Value
$863,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,130
Avg. Annual Appreciation
5.00%
Original Mortgage
$395,000
Outstanding Balance
$112,102
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$777,049

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 8, 2013
Sold by
Schell Brothers Llc
Bought by
Legge William M and Legge Judith C
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$519,900
Sold Price
$495,208
Premium/Discount to List
-$24,692
-4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$112,102
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$777,049

Purchase Details

Closed on
Mar 14, 2013
Sold by
Bay Rose Homes Ii Llc
Bought by
Schell Brothers Llc
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
Legge William M $495,186 --
Legge William M $495,186 --
Schell Brothers Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legge William M $395,000
Closed Legge William M $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $495,208 -4.7% --
05/03/2013 05/03/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $519,900 -- --
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 $2,092 $42,450 $8,300 $34,150
2023 $2,090 $42,450 $8,300 $34,150
2022 $2,018 $42,450 $8,300 $34,150
2021 $1,999 $42,450 $8,300 $34,150
2020 $1,993 $42,450 $8,300 $34,150
2019 $1,996 $42,450 $8,300 $34,150
2018 $1,864 $42,450 $0 $0
2017 $1,785 $42,450 $0 $0
2016 $1,696 $42,450 $0 $0
2015 $1,620 $42,450 $0 $0
2014 $314 $8,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001196886

Bright MLS

APN: 234-18.00-521.00