Seller's Agent in 2020
DEBBIE REED
RE/MAX
(302) 227-3818
274 in this area
835 Total Sales
26 Lake Ave Rehoboth Beach, DE 19971
Estimated Value: $631,856 - $3,182,000
5
Beds
4.5
Baths
2,587
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- New Construction
- Water Oriented
- Open Floorplan
- Rehoboth Elementary School Rated A
- Gourmet Kitchen
- 2-minute walk to Dune Nature Park
About This Home
As of August 2020Just completed, this sparkling NEW 5 bedroom home is located in the heart of Rehoboth Beach with restaurants, shops and beach at your beck and call. This Evergreene home is loaded with upgrades and ready for your enjoyment this summer. Coffered high ceilings and gas fireplace in the great room. Gorgeous, high end kitchen with Granite countertops, stainless steel appliances, wet bar with wine chiller and much more! First floor bedroom, plus 4 more generous bedrooms on the second floor. Private, fenced back yard. Great property for personal use or as an investment property. Ready now for you!
Last Agent to Sell the Property
(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/25/2020
Co-Listed By
(302) 363-5734 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,046
Lot Details
- 4,792 Sq Ft Lot
- Downtown Location
- Property is zoned TN 1270
Parking
- Driveway
Home Design
- New Construction
- Contemporary Architecture
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 2,587 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Wet Bar
- Wainscoting
- Ceiling Fan
- Gas Fireplace
- Combination Dining and Living Room
- Laundry on main level
- Unfinished Basement
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- Walk-In Closet
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Deck
- Screened Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Bottled Gas
- Heating System Powered By Leased Propane
- Tankless Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Built by Evergreene Companies
- North Rehoboth Subdivision
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 334-14.17-73.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2020
Closed on
Aug 13, 2020
Sold by
Evergreen Co Llc
Bought by
Rafanello John S
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andrew White
Compass
List Price
$1,925,000
Sold Price
$1,881,295
Premium/Discount to List
-$43,705
-2.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,657
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,410,000
Outstanding Balance
$1,248,437
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,024,515
Purchase Details
Closed on
Sep 19, 2019
Sold by
26 Lake Llc
Bought by
Evergreene Co Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 1, 2014
Closed on
May 16, 2014
Sold by
Mark Armistice A and Mark Christopher A
Bought by
26 Lake Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Robert Burton
RE/MAX Realty Group Rehoboth
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rafanello John S | $1,881,295 | None Available | |
| Evergreene Co Llc | $1,000,000 | -- | |
| 26 Lake Llc | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rafanello John S | $1,410,000 | |
| Previous Owner | Evergreene Co Llc | $1,172,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2020 08/13/20 | Sold | $1,881,295 | -0.4% | $727 / Sq Ft |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 05/28/2020 05/28/20 | Price Changed | $1,889,000 | -0.5% | $730 / Sq Ft |
| 03/23/2020 03/23/20 | Price Changed | $1,899,000 | -1.4% | $734 / Sq Ft |
| 01/25/2020 01/25/20 | For Sale | $1,925,000 | +250.0% | $744 / Sq Ft |
| 05/23/2014 05/23/14 | Sold | $550,000 | 0.0% | -- |
| 04/09/2014 04/09/14 | Pending | -- | -- | -- |
| 02/01/2014 02/01/14 | For Sale | $550,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,354 | $15,350 | $10,000 | $5,350 |
| 2024 | $2,100 | $15,350 | $10,000 | $5,350 |
| 2023 | $2,098 | $15,350 | $10,000 | $5,350 |
| 2022 | $2,025 | $15,350 | $10,000 | $5,350 |
| 2021 | $2,006 | $15,350 | $10,000 | $5,350 |
| 2020 | $2,000 | $15,350 | $10,000 | $5,350 |
| 2019 | $722 | $15,350 | $10,000 | $5,350 |
| 2018 | $674 | $15,350 | $0 | $0 |
| 2017 | $646 | $15,350 | $0 | $0 |
| 2016 | $613 | $15,350 | $0 | $0 |
| 2015 | $586 | $15,350 | $0 | $0 |
| 2014 | $582 | $15,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
DEBBIE REED
-
Cyndi Marsh
Seller Co-Listing Agent in 2020
Cyndi Marsh
RE/MAX
(302) 363-5734
26 in this area
72 Total Sales
-
Andrew White
Buyer's Agent in 2020
Andrew White
Compass
(302) 893-7602
2 in this area
246 Total Sales
-
Bert Root
Buyer Co-Listing Agent in 2020
Bert Root
Compass
(302) 275-2330
12 Total Sales
-
Robert Burton
R
Buyer's Agent in 2014
Robert Burton
RE/MAX
(302) 448-9828
16 in this area
81 Total Sales
Map
Source: Bright MLS
MLS Number: DESU154754
APN: 334-14.17-73.00
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