NOT LISTED FOR SALE

26 Palmer Ave Rehoboth Beach, DE 19971

Estimated Value: $576,219 - $7,395,000

5 Beds
3.5 Baths
4,750 Sq Ft
$757/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $1,163,000 $245 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $19,777/month

Highlights

  • Beach
  • Bay View
  • Deck
  • Rehoboth Elementary School Rated A
  • 10,000 Sq Ft lot
  • 1-minute walk to Delaware Seashore State Park

About This Home

As of April 2014

This property is to be placed in an upcoming auction. All bids should be submitted at www.auction.com (void where prohibited). All auction properties are subject to a 5% buyer s premium pursuant to the Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 03/19/2011

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1975

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Landscaped

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • 4,750 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Covered Parking
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-101.00

Community Details

Overview

  • Indian Beach Subdivision

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,292

Year Built

Built in 1975

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1975
  • Remarks Public: This property is to be placed in an upcoming auction. All bids should be submitted at www.auction.com (void where prohibited). All auction properties are subject to a 5% buyer s premium pursuant to the Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Wall, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Breakfast Area, Combination Kitchen/Living, Ceiling Fan(s)
  • Window Features: Storm
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4750
  • Living Area Sq Ft: 4750
  • Net Sq Ft: 4750.00
  • Price Per Sq Ft: 273.68
  • Above Grade Finished Sq Ft: 4750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 26

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Under Home Parking
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Area: 10000
  • Lot Dimensions: 100X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s)

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205316
  • Assessor Parcel Number: 334-23.06-101.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/16/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2011
Closed on
Apr 16, 2014
Sold by
Damian R Damian R and Dufour Margaret E
Bought by
Bryan Jeffrey S and Bryan Michelle
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,163,000
Sold Price
$1,163,000
Current Estimated Value
$3,593,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,430,740
Avg. Annual Appreciation
10.34%
Original Mortgage
$798,000
Outstanding Balance
$606,172
Interest Rate
4.32%
Mortgage Type
Unknown
Estimated Equity
$2,987,568
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
Bryan Jeffrey S $1,163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan Jeffrey S $798,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $1,163,000 0.0% $245 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
03/19/2011 03/19/11 For Sale $1,163,000 -- $245 / 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
2025 $6,292 $50,500 $15,000 $35,500
2024 $6,100 $50,500 $15,000 $35,500
2023 $6,095 $50,500 $15,000 $35,500
2022 $5,894 $50,500 $15,000 $35,500
2021 $5,842 $50,500 $15,000 $35,500
2020 $5,825 $50,500 $15,000 $35,500
2019 $2,670 $50,500 $15,000 $35,500
2018 $2,218 $50,500 $0 $0
2017 $2,124 $50,500 $0 $0
2016 $2,088 $50,500 $0 $0
2015 $1,999 $50,500 $0 $0
2014 $1,984 $50,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000958516

Bright MLS

APN: 334-23.06-101.00