$850,000
SOLD DEC 17, 2015

23290 Horse Island Rd Lewes, DE 19958

5 Beds
3.5 Baths
4,365 Sq Ft
0.75 Acres

Recently Sold

$195 Per Sq Ft

5% Below List Price

45 Days on Market

Highlights

  • Beach
  • Water Access
  • Bay View
  • Love Creek Elementary School Rated A
  • Fitness Center
  • 0.75 Acre Lot

About This Home

As of September 2024

Welcome to Bayfront at Rehoboth! This Potomac model with casita has all the bells and whistles and best of all is located on a large 3/4 acre lot overlooking the Rehoboth Bay. You will be captivated by the panoramic views of the bay and wetlands. Large home has 4,365 sq ft of heated living space including the main house & guest wing (casita). Main house features an office, large great room with gas fireplace, eat-in kitchen, formal living and dining room, first level owners suite with separate sitting room, two additional bedrooms and full bath. The guest wing casita features two bedrooms and a full bath. Walk- in storage room. Upgrades include conditioned crawl, hardwood floors, granite, porcelain floors, surround sound, stone patio, paver driveway, and more! Total sq ft is 5,531. Bayfront at Rehoboth amenities includes pool overlooking the bay, clubhouse, & private beach & kayak launch! HOA fees include all lawn care & trash removal & amenities.

Last Agent to Sell the Property

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968 Listed on: 09/01/2015

Monument Sotheby's International Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 2007

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 151 x 218
  • Landscaped
  • Sprinkler System
  • Partially Wooded Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,365 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bay Views
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Property near a bay
  • Lake Privileges
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Bottled Gas
  • Dehumidifier
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-490.00

Community Details

Overview

  • Bayfront At Rehoboth Subdivision

Amenities

  • Community Center

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,487

Year Built

Built in 2007

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
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Remarks Public: Welcome to Bayfront at Rehoboth! This Potomac model with casita has all the bells and whistles and best of all is located on a large 3/4 acre lot overlooking the Rehoboth Bay. You will be captivated by the panoramic views of the bay and wetlands. Large home has 4,365 sq ft of heated living space including the main house & guest wing (casita). Main house features an office, large great room with gas fireplace, eat-in kitchen, formal living and dining room, first level owners suite with separate sitting room, two additional bedrooms and full bath. The guest wing casita features two bedrooms and a full bath. Walk- in storage room. Upgrades include conditioned crawl, hardwood floors, granite, porcelain floors, surround sound, stone patio, paver driveway, and more! Total sq ft is 5,531. Bayfront at Rehoboth amenities includes pool overlooking the bay, clubhouse, & private beach & kayak launch! HOA fees include all lawn care & trash removal & amenities.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Wall, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Kitchen - Island, Pantry, Ceiling Fan(s), Whirlpool/Hottub, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Great Room, Office, Additional Bedroom
  • Living Area Units: Square Feet
  • Total Sq Ft: 4365
  • Living Area Sq Ft: 4365
  • Net Sq Ft: 4365.00
  • Price Per Sq Ft: 205.96
  • Above Grade Finished Sq Ft: 4365
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23290

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Dehumidifier, Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.75
  • Lot Size Area: 1
  • Lot Dimensions: 151 x 218
  • Lot Size Units: Acres
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154164
  • Assessor Parcel Number: 234-18.00-490.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/17/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 20, 2024
Sold by
Bulmash Michael D
Bought by
Villella Joseph and Villella Kathleen
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Robin Palumbo Thompson
Northrop Realty
List Price
$1,250,000
Sold Price
$1,250,000
Views
18
Current Estimated Value
$1,260,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,667
Avg. Annual Appreciation
1.03%
Original Mortgage
$937,500
Outstanding Balance
$932,316
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$328,351

Purchase Details

Listed on
Sep 1, 2015
Closed on
Dec 17, 2015
Sold by
Connelly Donna and Connelly Robert
Bought by
Bulmash Christine and Bulmash Michael D
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$595,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,250,000 None Listed On Document
Deed $850,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,500 New Conventional
Closed $937,500 New Conventional
Previous Owner $88,600 No Value Available
Previous Owner $595,000 New Conventional
Previous Owner $468,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,250,000 0.0% $286 / Sq Ft
07/10/2024 07/10/24 For Sale $1,250,000 0.0% $286 / Sq Ft
07/08/2024 07/08/24 Price Changed $1,250,000 +47.1% $286 / Sq Ft
12/17/2015 12/17/15 Sold $850,000 -5.5% $195 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $899,000 -- $206 / 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
2024 $2,487 $60,600 $12,300 $48,300
2023 $2,484 $60,600 $12,300 $48,300
2022 $2,380 $60,600 $12,300 $48,300
2021 $2,454 $60,600 $12,300 $48,300
2020 $2,445 $60,600 $12,300 $48,300
2019 $2,449 $60,600 $12,300 $48,300
2018 $2,261 $60,600 $0 $0
2017 $2,148 $60,600 $0 $0
2016 $1,921 $60,600 $0 $0
2015 $1,813 $60,600 $0 $0
2014 $1,796 $60,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001009818

Bright MLS

APN: 234-18.00-490.00