NOT LISTED FOR SALE

28 Henlopen Ave Rehoboth Beach, DE 19971

Estimated Value: $749,139 - $3,977,000

5 Beds
5.5 Baths
3,000 Sq Ft
$947/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $3,670,000 $1,223 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $15,531/month

Highlights

  • Heated Pool and Spa
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Private Lot

About This Home

As of November 2021

This OCEAN BLOCK elegant custom built 5 BEDROOM, 5.5 BATH home of sophistication & distinction with IN-GROUND HEATED POOL and HOT TUB is located in North Rehoboth and is a short walk from Rehoboth’s renown boardwalk, beaches and downtown dining, shopping, and entertainment. The FULLY FURNISHED home features first and second floor owner suites with gas fireplaces. This home was designed with coastal contemporary living and entertaining in mind with an open floor plan which features a spacious living area with wet bar with Sub Zero refrigerator drawers and ice maker, dining area, and exquisite gourmet kitchen complete with granite counters, ample storage, custom cabinetry, Sub Zero built-in refrigerator, Wolf gas range and pro wall hood, two dishwashers, and much more and all overlooking a beautiful in-ground pool with waterfall cascading from the hot tub. There is also a well-sized dining area off the kitchen. There are custom closets in every bedroom, custom tiled bathrooms, 10 foot ceilings on the first floor and vaulted ceilings throughout the 2nd floor. Hardwood floors flow throughout the home, blending beautifully with the elegantly appointed finishes & custom trim. The home also has a custom professional state-of-the-art sound system throughout with multi-zones. There is also a rear second floor deck overlooking the backyard and pool area. The yard is complete with privacy fencing, landscaping, a heated gunite in-ground pool with hot tub, outdoor shower, outdoor dining area, and a direct feed gas grill. Not only has this home been impeccably maintained and tastefully decorated, it offers an impressive rental history.

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 09/03/2021

Co-Listed By

Walt Cassel

(917) 826-8867 walt@reinrb.com Dave McCarthy & Associates, Inc.

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Sprinkler System
  • Back Yard
  • Property is in excellent condition
  • Property is zoned TN

Parking

  • 2 Parking Spaces

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Dining Area
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Six Burner Stove
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Rehoboth Property Development, Inc.
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 28
  • Assessor Parcel Number 334-14.09-134.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,751

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Inclusions: Furnishings, being sold turn-key
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: This OCEAN BLOCK elegant custom built 5 BEDROOM, 5.5 BATH home of sophistication & distinction with IN-GROUND HEATED POOL and HOT TUB is located in North Rehoboth and is a short walk from Rehoboth’s renown boardwalk, beaches and downtown dining, shopping, and entertainment. The FULLY FURNISHED home features first and second floor owner suites with gas fireplaces. This home was designed with coastal contemporary living and entertaining in mind with an open floor plan which features a spacious living area with wet bar with Sub Zero refrigerator drawers and ice maker, dining area, and exquisite gourmet kitchen complete with granite counters, ample storage, custom cabinetry, Sub Zero built-in refrigerator, Wolf gas range and pro wall hood, two dishwashers, and much more and all overlooking a beautiful in-ground pool with waterfall cascading from the hot tub. There is also a well-sized dining area off the kitchen. There are custom closets in every bedroom, custom tiled bathrooms, 10 foot ceilings on the first floor and vaulted ceilings throughout the 2nd floor. Hardwood floors flow throughout the home, blending beautifully with the elegantly appointed finishes & custom trim. The home also has a custom professional state-of-the-art sound system throughout with multi-zones. There is also a rear second floor deck overlooking the backyard and pool area. The yard is complete with privacy fencing, landscaping, a heated gunite in-ground pool with hot tub, outdoor shower, outdoor dining area, and a direct feed gas grill. Not only has this home been impeccably maintained and tastefully decorated, it offers an impressive rental history.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Extra Refrigerator/Freezer, Icemaker, Range Hood, Oven/Range - Gas, Six Burner Stove, Washer - Front Loading, Water Heater, Oven - Self Cleaning, Stainless Steel Appliances
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Window Treatments, Built-Ins, Kitchen - Gourmet, Kitchen - Island, Wet/Dry Bar, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings, Vaulted Ceilings, Cathedral Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1198.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Hardiplank Type, Stick Built, Blown-In Insulation
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Underground Lawn Sprinkler, Outside Shower, Bbq Grill
  • Pool Features: Gunite, Heated, In Ground, Pool/Spa Combo
  • Roof: Architectural Shingle
  • Spa Features: Heated
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane, Instant Hot Water
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30000.00
  • Land Assessed Value: 12500.00
  • Land Use Code: RS
  • Lot Features: Landscaping, Rear Yard, Private
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: TN
  • In City Limits: Yes

Building Info

  • Builder Name: Rehoboth Property Development, Inc.

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5195205
  • School Tax: 1812.00
  • Tax Annual Amount: 2751.00
  • Assessor Parcel Number: 334-14.09-134.00
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/05/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 5, 2021
Sold by
Berndt James M and Benrdt Frances R
Bought by
Dufour Justin and Dufour Nimet
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$3,595,000
Sold Price
$3,670,000
Premium/Discount to List
$75,000
2.09%
Current Estimated Value
$2,842,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$827,620
Avg. Annual Appreciation
-6.36%
Original Mortgage
$2,475,000
Outstanding Balance
$2,268,225
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$574,155

Purchase Details

Listed on
Jul 21, 2015
Closed on
Sep 22, 2016
Sold by
Ballard Gregory Ballard L and Ballard Lucy H
Bought by
Berndt Frances R and Berndt James M
Seller's Agent
LOU CRISTALDI
Jack Lingo - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%
Original Mortgage
$150,000
Interest Rate
3.94%

Purchase Details

Closed on
Dec 11, 1998
Bought by
Ballard L Gregory (Trustee) Lucy H (Trus
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Dufour Justin $3,670,000 None Available
Berndt Frances R $1,250,000 None Available
Ballard L Gregory (Trustee) Lucy H (Trus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dufour Justin $2,475,000
Previous Owner Ballard L Gregory (Trustee) Lucy H (Trus $150,000
Previous Owner Berndt Frances R $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $3,670,000 +2.1% $1,223 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $3,595,000 +187.6% $1,198 / Sq Ft
10/03/2016 10/03/16 Sold $1,250,000 -16.7% $595 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/21/2015 07/21/15 For Sale $1,500,000 -- $714 / 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 $5,528 $22,200 $12,500 $9,700
2024 $2,095 $22,200 $12,500 $9,700
2023 $2,093 $22,200 $12,500 $9,700
2022 $2,020 $22,200 $12,500 $9,700
2021 $2,001 $22,200 $12,500 $9,700
2020 $1,995 $22,200 $12,500 $9,700
2019 $1,998 $22,200 $12,500 $9,700
2018 $1,866 $42,500 $0 $0
2017 $934 $22,200 $0 $0
2016 $887 $22,200 $0 $0
2015 $847 $22,200 $0 $0
2014 $841 $22,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2005908

Bright MLS

APN: 334-14.09-134.00