$975,000
SOLD JUL 9, 2021

23336 Horse Island Rd Lewes, DE 19958

4 Beds
5 Baths
4,200 Sq Ft
0.51 Acres

Recently Sold

$232 Per Sq Ft

2% Below List Price

57 Days on Market

Highlights

  • Primary bedroom faces the bay
  • Private Beach
  • Property Fronts a Bay or Harbor
  • Love Creek Elementary School Rated A
  • Water Access
  • 0.51 Acre Lot

About This Home

As of July 2021

Pictures don't do this home justice, so you'll have to come out to take in the views of the bay in-person! Wake up every morning to expansive views of the Rehoboth Bay from your master bedroom, or soak them in from your soaking tub in the master bath. Additional views of the Bay are visible on each of the 3 levels of the home to enjoy from the living/dining room, or each of the 3 decks or screen porch. The home is located on a 1/2 acre corner lot, next to a retention pond for added privacy, and just steps from the community pool which also overlooks the Rehoboth Bay. This 4BR/3BA home (with two 1/2 baths), comes complete with an elevator to access all three levels, a finished rec room on the lower level, and a gourmet kitchen with large island. This home is an excellent value for the water views afforded, and also very energy efficient with solar panels. Community also has a private beach area on the bay, club house with bar, game room, and fitness center. Lawn maintenance is included in the monthly fees, for ease of overall maintenance..

Last Agent to Sell the Property

CHAD GWINN

Iron Valley Real Estate Premier License #RS-0023634 Listed on: 03/26/2021

Iron Valley Real Estate Premier

Last Buyer's Agent

Steve DeBoe

Keller Williams Realty License #RS-0025850

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 2016

Lot Details

  • 0.51 Acre Lot
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Blown-In Insulation
  • Stick Built Home

Interior Spaces

  • 4,200 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Wood Flooring
  • Water Views

Kitchen

  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the bay
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Property near a bay
  • Multiple Balconies
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Renewable Energy
  • Back Up Gas Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-479.00

Community Details

Overview

  • Built by Schell Brothers
  • Bayfront At Rehoboth Subdivision, Catalina Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,711

Year Built

Built in 2016

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
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Pictures don't do this home justice, so you'll have to come out to take in the views of the bay in-person! Wake up every morning to expansive views of the Rehoboth Bay from your master bedroom, or soak them in from your soaking tub in the master bath. Additional views of the Bay are visible on each of the 3 levels of the home to enjoy from the living/dining room, or each of the 3 decks or screen porch. The home is located on a 1/2 acre corner lot, next to a retention pond for added privacy, and just steps from the community pool which also overlooks the Rehoboth Bay. This 4BR/3BA home (with two 1/2 baths), comes complete with an elevator to access all three levels, a finished rec room on the lower level, and a gourmet kitchen with large island. This home is an excellent value for the water views afforded, and also very energy efficient with solar panels. Community also has a private beach area on the bay, club house with bar, game room, and fitness center. Lawn maintenance is included in the monthly fees, for ease of overall maintenance..
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - Tankless
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Crown Moldings, Elevator, Floor Plan - Open, Kitchen - Island, Primary Bedroom - Bay Front, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4200
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 238.07
  • Above Grade Finished Sq Ft: 4200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23336

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Fiber Cement, Stick Built
  • Exterior Features: Private Beach, Street Lights, Underground Lawn Sprinkler
  • View: Water
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Renewable
  • Cooling Type: Central A/C, Zoned
  • Heating Type: Heat Pump - Gas Backup, Zoned
  • Heating: Yes
  • Hot Water: Propane
  • 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: Yes
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Fencing: Rear
  • Land Lease: No
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Deck(s), Porch(es), Balconies- Multiple
  • Zoning: A
  • Zoning Description: Residential
  • In City Limits: No

Building Info

  • Builder Name: Schell Brothers

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 5154151
  • Tax Annual Amount: 2711.00
  • Assessor Parcel Number: 234-18.00-479.00
  • Tax Year: 2020
  • Close Date: 07/09/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jul 9, 2021
Sold by
Gallagher Sean M and Gallagher Kimberly A
Bought by
Mcouail Elizabeth and Mcouail Richard M
Seller's Agent
CHAD GWINN
Iron Valley Real Estate Premier
Buyer's Agent
Steve DeBoe
Keller Williams Realty
List Price
$999,900
Sold Price
$975,000
Premium/Discount to List
-$24,900
-2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$780,000
Outstanding Balance
$715,943
Interest Rate
2.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$295,900

Purchase Details

Closed on
Nov 3, 2016
Sold by
Schell Brothers Llc A Delaware Limited L
Bought by
Gallagher Kimberley A and Gallagher Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,447
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2016
Sold by
Bay Rose Homes Llc
Bought by
Schell Brothers Llc
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 $975,000 None Available
Deed $753,058 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 Stand Alone Refi Refinance Of Original Loan
Closed $780,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $602,447 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $1,100,000 -4.8% $262 / Sq Ft
06/13/2025 06/13/25 Price Changed $1,155,000 -1.7% $275 / Sq Ft
05/12/2025 05/12/25 For Sale $1,175,000 +20.5% $280 / Sq Ft
07/09/2021 07/09/21 Sold $975,000 -2.5% $232 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $999,900 +2.6% $238 / Sq Ft
04/07/2021 04/07/21 Off Market $975,000 -- --
03/26/2021 03/26/21 For Sale $999,900 +41.8% $238 / Sq Ft
09/03/2016 09/03/16 Sold $704,926 0.0% $308 / Sq Ft
09/03/2016 09/03/16 Sold $704,926 +65.9% --
04/02/2016 04/02/16 Pending -- -- --
04/02/2016 04/02/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $424,900 0.0% --
01/02/2016 01/02/16 For Sale $424,900 -- $186 / 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 $2,846 $57,750 $10,700 $47,050
2023 $2,844 $57,750 $10,700 $47,050
2022 $2,745 $57,750 $10,700 $47,050
2021 $2,720 $57,750 $10,700 $47,050
2020 $2,711 $57,750 $10,700 $47,050
2019 $2,715 $57,750 $10,700 $47,050
2018 $2,536 $57,750 $0 $0
2017 $2,429 $57,750 $0 $0
2016 $427 $10,700 $0 $0
2015 $408 $10,700 $0 $0
2014 $405 $10,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179278

Bright MLS

APN: 234-18.00-479.00