NOT LISTED FOR SALE

27 Chesapeake St Dewey Beach, DE 19971

Dewey Beach Area

Estimated Value: $2,592,152

6 Beds
3.5 Baths
2,600 Sq Ft
$997/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2020

Last sale price $1,900,000 $731 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,928 / mo

112 Days on Market

Highlights

  • Sandy Beach
  • Lake View
  • 0.32 Acre Lot
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Open Floorplan

About This Home

As of August 2020

Silver 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

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/11/2020

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 03/11/2020

Jack Lingo - Rehoboth

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $128

Year Built

  • Built in 1966

Lot Details

  • 14,077 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$128

Year Built

Built in 1966

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Laminated
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Pantry, Skylight(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 864.23
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • 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: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: T-1-11, Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • View: Lake
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Name: Silver Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Shared Driveway, Stone Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Size Acres: 0.32
  • Lot Dimensions: 51 x 275
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14077.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Zoning: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 128.40
  • Assessor Parcel Number: 3-34-20.10-12.00

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$2,592,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,152
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,425,000
Outstanding Balance
$1,229,629
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,362,523

Purchase Details

Closed on
Jan 14, 1981
Bought by
Houlon Victor A and Sue Ann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Dewey Beach, DE

  • JN

    Jaasi Nunez

    Responds Quickly

    Keller Williams Realty

    (302) 204-2135

    87 Total Sales

    1 in Dewey Beach

    $2,200,000 Price

    Jaasi Nunez
     Section Image
  • Lisa Woloshin Real Estate Agent - Century 21 Emerald

    Lisa Woloshin

    Century 21 Emerald

    (302) 550-8865

    8 Total Sales

    1 in Dewey Beach

    $1,450,000 Price

    Lisa Woloshin
     Section Image
  • Shaun Tull Real Estate Agent - Jack Lingo - Rehoboth

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 253-7645

    274 Total Sales

    27 in Dewey Beach

    $399K - $4.8M Price Range

    Shaun Tull
     Section Image
  • Elizabeth Dorman Real Estate Agent - Coldwell Banker Premier - Rehoboth

    Elizabeth Dorman

    Coldwell Banker Premier - Rehoboth

    (302) 253-7558

    173 Total Sales

    1 in Dewey Beach

    $550,000 Price

    Elizabeth Dorman
     Section Image
  • DEBBIE REED Real Estate Agent - RE/MAX Realty Group Rehoboth

    DEBBIE REED

    Responds Quickly

    RE/MAX Realty Group Rehoboth

    (302) 303-8919

    727 Total Sales

    23 in Dewey Beach

    $83K - $3.5M Price Range

    DEBBIE REED
     Section Image
  • Anthony Sacco Real Estate Agent - RE/MAX Associates

    Anthony Sacco

    RE/MAX Associates

    (302) 291-3509

    152 Total Sales

    2 in Dewey Beach

    $925K - $1.5M Price Range

    Anthony Sacco
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 None Available
Houlon Victor A $235,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,425,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,533 $32,100 $12,750 $19,350
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 Real Estate Agent - Jack Lingo - Rehoboth

    Seller's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    270 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull Real Estate Agent - Jack Lingo - Rehoboth

    Seller Co-Listing Agent in 2020

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    274 Total Sales

    Shaun Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU157356

Bright MLS

APN: 334-20.10-12.00

Delaware Sussex County Dewey Beach 19971

27 Chesapeake St, Dewey Beach, DE

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