NOT LISTED FOR SALE

Estimated Value: $4,340,000 - $7,745,000

7 Beds
10 Baths
9,500 Sq Ft
$658/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2020

Last sale price $4,800,000 $505 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $35,503 / mo

286 Days on Market

Highlights

  • Ocean View
  • Beach
  • Access to Tidal Water
  • Rehoboth Elementary School Rated A
  • Home fronts navigable water
  • In Ground Pool

About This Home

As of July 2020

Oceanfront at its finest! This beautiful home is situated on arguably the best oceanfront lot in Delaware leaves nothing to the imagination. The interior of this elegant and refined home features 7 bedrooms, 8 full baths, 2 half baths, 9,500 SF, unsurpassed ocean views from nearly every room, elevator, expansive living areas on each floor, gourmet kitchen, grand master suite with spa-like bath, custom spiral staircase, vaulted ceilings, exposed beams, 2 gas fireplaces and much more. The one of a kind exterior design of the home boasts 3 levels of porches and decks, an oceanside pool & spa and outdoor shower. Enjoy a private walkway to the Chancellery's private beach while being adjacent to 5+ miles of state park, making this home the ultimate private sanctuary.

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/28/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

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

Last Buyer's Agent

Leslie Kopp

(302) 539-9040 leslie@lesliekopp.com Long & Foster Real Estate, Inc. License #RA-0003421

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,733

Year Built

  • Built in 1999

Lot Details

  • 22,651 Sq Ft Lot
  • Home fronts navigable water
  • Property borders a national or state park
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned MEDIUM RESIDENTIAL

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco
  • Stucco

Interior Spaces

  • 9,500 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Family Room
  • Sitting Room
  • Dining Room
  • Den
  • Loft
  • Game Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Brick Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Above Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck

Location

  • Flood Risk

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-23.10-21.00

Community Details

Overview

  • Chancellery Subdivision

Recreation

  • Beach

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,733

Year Built

Built in 1999

Lot Details

0.52 Acres

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Mediterranean
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Compactor, Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Instant Hot Water, Microwave, Oven/Range - Gas, Oven - Double, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Marble, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Pantry, Ceiling Fan(s), Elevator, Exposed Beams, Wet/Dry Bar, Window Treatments
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Kitchen, Game Room, Family Room, Den, Great Room, Loft, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 9500
  • Living Area Sq Ft: 9500
  • Net Sq Ft: 9500.00
  • Price Per Sq Ft: 525.79
  • Above Grade Finished Sq Ft: 9500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 10
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 9
  • Upper Level Bathrooms: 5.00
  • Upper Level 2 Bathrooms: 3.00
  • Upper Level 3 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 3 Full Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Dryvit, Stucco
  • Exterior Features: Hot Tub, Lawn Sprinkler, Outside Shower
  • Pool Features: In Ground, Above Ground
  • Roof: Tile
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Geo-Thermal
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Security
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.52
  • Lot Dimensions: Irregular
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 8811.00
  • Tax Annual Amount: 9733.00
  • Assessor Parcel Number: 334-23.10-21.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

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
Aug 28, 2019
Closed on
Jul 27, 2020
Sold by
Bought by
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Leslie Kopp
Long & Foster Real Estate, Inc.
List Price
$4,995,000
Sold Price
$4,800,000
Premium/Discount to List
-$195,000
-3.9%
Current Estimated Value
$6,255,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,455,677
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Dec 2, 1996
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$4,800,000 None Available
$725,000 --
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
Previous Owner $250,000
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
07/31/2020 07/31/20 Sold $4,800,000 -3.9% $505 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
08/28/2019 08/28/19 For Sale $4,995,000 -- $526 / 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
2025 $15,006 $207,000 $33,600 $173,400
2024 $10,521 $207,000 $33,600 $173,400
2023 $10,512 $207,000 $33,600 $173,400
2022 $10,157 $207,000 $33,600 $173,400
2021 $10,066 $207,000 $33,600 $173,400
2020 $10,036 $207,000 $33,600 $173,400
2019 $10,029 $207,000 $33,600 $173,400
2018 $9,090 $207,000 $0 $0
2017 $8,705 $207,000 $0 $0
2016 $8,277 $207,000 $0 $0
2015 $7,909 $207,000 $0 $0
2014 $7,851 $207,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146802

Bright MLS

APN: 334-23.10-21.00

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