Seller's Agent in 2020
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
23 in this area
345 Total Sales
27 Chesapeake St Dewey Beach, DE 19971
Estimated Value: $1,662,000 - $3,427,000
6
Beds
3.5
Baths
2,600
Sq Ft
$1,007/Sq Ft
Est. Value
Highlights
- Sandy Beach
- Lake View
- 0.32 Acre Lot
- Rehoboth Elementary School Rated A
- Waterfront
- Open Floorplan
About This Home
As of August 2020Silver Lake front oasis just steps from the beach in the highly desired community of Rehoboth By The Sea. This incredible beach house situated on an oversized building lot (14,077 sf) offers 6 bedrooms, 3.5 baths and a magnitude of charming features including hardwood floors, vaulted ceilings, exposed beams, skylights, wood paneling and a brick wood burning fireplace. The amazing outside spaces include a spacious waterfront screened porch and sun deck that leads to your own private sandy lake beach. This property offers water access perfect for paddle boarding and/or kayaking on Silver Lake. Additional exterior features include an outside shower, two private parking areas (5 spaces), and expansive storage room for bikes, kayaks, paddle boards, etc. This property is one of the few that fronts directly on Silver Lake, while only being steps from the ocean with excellent proximity to all of the amenities of Rehoboth & Dewey Beach.
Last Agent to Sell the Property
(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/11/2020
Last Buyer's Agent
(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $128
Year Built
- Built in 1966
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 51 x 275
- Waterfront
- Sandy Beach
- South Facing Home
- Wood Fence
- Property is zoned TOWN CODES
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- Wood Siding
- Plywood Siding Panel T1-11
Interior Spaces
- 2,600 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Family Room Off Kitchen
- Combination Kitchen and Dining Room
- Lake Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Parking
- 2 Open Parking Spaces
- Stone Driveway
- Shared Driveway
Outdoor Features
- Outdoor Shower
- Canoe or Kayak Water Access
- Private Water Access
- Property is near a lake
- Deck
- Screened Patio
- Porch
Location
- Flood Risk
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Rehoboth By The Sea Subdivision
Listing and Financial Details
- Assessor Parcel Number 3-34-20.10-12.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2020
Closed on
Aug 5, 2020
Sold by
Houlon Sue A
Bought by
Davidson Steven K and Callaway Claudia
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,387,000
Sold Price
$1,900,000
Premium/Discount to List
-$487,000
-20.4%
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
$717,723
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,425,000
Outstanding Balance
$1,261,718
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,356,005
Purchase Details
Closed on
Jan 14, 1981
Bought by
Houlon Victor A and Sue Ann
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 |
|---|---|---|---|
| Davidson Steven K | $1,900,000 | None Available | |
| Houlon Victor A | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davidson Steven K | $1,425,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2020 08/15/20 | Sold | $1,900,000 | -15.4% | $731 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 03/16/2020 03/16/20 | Price Changed | $2,247,000 | -5.9% | $864 / Sq Ft |
| 03/11/2020 03/11/20 | For Sale | $2,387,000 | -- | $918 / Sq Ft |
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 | $3,546 | $32,100 | $12,750 | $19,350 |
| 2024 | $1,933 | $32,100 | $12,750 | $19,350 |
| 2023 | $1,899 | $32,100 | $12,750 | $19,350 |
| 2022 | $1,844 | $32,100 | $12,750 | $19,350 |
| 2021 | $1,830 | $32,100 | $12,750 | $19,350 |
| 2020 | $19 | $32,100 | $12,750 | $19,350 |
| 2019 | $1,805 | $32,100 | $12,750 | $19,350 |
| 2018 | $1,410 | $32,100 | $0 | $0 |
| 2017 | $1,350 | $32,100 | $0 | $0 |
| 2016 | $1,318 | $32,100 | $0 | $0 |
| 2015 | $1,261 | $32,100 | $0 | $0 |
| 2014 | $1,252 | $32,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
-
Shaun Tull
Seller Co-Listing Agent in 2020
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
28 in this area
275 Total Sales
Map
Source: Bright MLS
MLS Number: DESU157356
APN: 334-20.10-12.00
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