$1,250,000
SOLD SEP 20, 2024

23290 Horse Island Rd Lewes, DE 19958

5 Beds
3.5 Baths
4,365 Sq Ft
0.75 Acres

Recently Sold

$286 Per Sq Ft

3 Days on Market

Highlights

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

About This Home

As of September 2024

Discover this stunning 5-bedroom, 3.5-bathroom residence with a spacious casita, set on an expansive 3/4 acre lot overlooking Rehoboth Bay. Upon entry, the home welcomes you with a sunlit interior featuring hardwood and porcelain flooring, exquisite tray ceilings, and elegant columns and archways. The grandeur of the great room flows seamlessly into a gourmet kitchen complete with stainless steel appliances, upgraded countertops, custom backsplash, and modern conveniences like a gas stove, built-in microwave, and ample cabinetry. Adjacent to the kitchen, an expansive family room enjoys panoramic bay windows and a sizable gas fireplace, creating a perfect gathering space. A delightful sunroom at the rear of the home offers year-round views of the bay, ideal for both entertaining and relaxation. The primary bedroom suite boasts a charming sitting area, graceful arched windows, and a luxurious ensuite bath with a jetted tub, upgraded walk-in shower, and separate water closet for added privacy and comfort. Additional bedrooms feature privacy shades, generous space, and comfort for family or guests. The separate casita guest wing includes a private entrance, a comfortable living area, a sunny large bedroom, and a full bath. Outside, a stone patio showcases breathtaking views, complemented by an oversized 2-car garage and a paver driveway. Located in the prestigious community of Bayfront at Rehoboth, residents enjoy a wealth of amenities such as a bayfront pool, private beach with kayak launch, clubhouse, and more. Schedule your visit to experience the charm and luxury of this exceptional home today!

Last Agent to Sell the Property

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 07/10/2024

Monument Sotheby's International Realty

Co-Listed By

Nicholas Macia

Monument Sotheby's International Realty

Last Buyer's Agent

Robin Palumbo Thompson

Northrop Realty License #RS-0014060

Northrop Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 2007

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 149.00 x 220.00
  • Landscaped
  • Sprinkler System
  • Partially Wooded Lot
  • Property is zoned AR-1

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

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
  • <<builtInOvenToken>>
  • Gas Oven or Range
  • <<cooktopDownDraftToken>>
  • Range Hood
  • <<microwave>>
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • <<bathWithWhirlpoolToken>>

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Propane Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 234-18.00-490.00

Community Details

Overview

  • Seascape Management Company HOA
  • 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

$2,984

Year Built

Built in 2007

Lot Details

0

HOA Fees

$270 per month

Parking

2

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
  • Story List: Main, Upper 1
  • Expected On Market: 2024-07-10
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Discover this stunning 5-bedroom, 3.5-bathroom residence with a spacious casita, set on an expansive 3/4 acre lot overlooking Rehoboth Bay. Upon entry, the home welcomes you with a sunlit interior featuring hardwood and porcelain flooring, exquisite tray ceilings, and elegant columns and archways. The grandeur of the great room flows seamlessly into a gourmet kitchen complete with stainless steel appliances, upgraded countertops, custom backsplash, and modern conveniences like a gas stove, built-in microwave, and ample cabinetry. Adjacent to the kitchen, an expansive family room enjoys panoramic bay windows and a sizable gas fireplace, creating a perfect gathering space. A delightful sunroom at the rear of the home offers year-round views of the bay, ideal for both entertaining and relaxation. The primary bedroom suite boasts a charming sitting area, graceful arched windows, and a luxurious ensuite bath with a jetted tub, upgraded walk-in shower, and separate water closet for added privacy and comfort. Additional bedrooms feature privacy shades, generous space, and comfort for family or guests. The separate casita guest wing includes a private entrance, a comfortable living area, a sunny large bedroom, and a full bath. Outside, a stone patio showcases breathtaking views, complemented by an oversized 2-car garage and a paver driveway. Located in the prestigious community of Bayfront at Rehoboth, residents enjoy a wealth of amenities such as a bayfront pool, private beach with kayak launch, clubhouse, and more. Schedule your visit to experience the charm and luxury of this exceptional home today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

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
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Great Room, Office, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 4365
  • Living Area Sq Ft: 4365
  • Price Per Sq Ft: 286.37
  • Above Grade Finished Sq Ft: 4365
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23290

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage Door Opener, Oversized, Inside Access, Additional Storage Area
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, 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: 270.00
  • HOA Fee Frequency: Monthly
  • 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 Name: SEASCAPE MANAGEMENT COMPANY
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 999
  • Lot Features: Landscaping, Partly Wooded
  • Lot Size Acres: 0.75
  • Lot Dimensions: 149.00 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2715.00
  • Tax Annual Amount: 2984.00
  • Assessor Parcel Number: 234-18.00-490.00
  • Tax Lot: 56
  • Tax Year: 2023
  • Close Date: 09/20/2024

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: DESU2060628

Bright MLS

APN: 234-18.00-490.00