NOT LISTED FOR SALE

28 White Oak Rd Rehoboth Beach, DE 19971

Estimated Value: $464,258 - $1,818,000

5 Beds
4 Baths
3,300 Sq Ft
$404/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $900,000 $273 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,346/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Rehoboth Elementary School Rated A
  • Ceiling height of 9 feet or more
  • Beamed Ceilings

About This Home

As of September 2020

This home offers the best water views below $1M in Rehoboth! This fantastic home has been completely renovated from top to bottom, with numerous refined details included. Some of the improvements include a gourmet kitchen, luxury baths, a dream master suite, new HVAC and windows, home automation, solar panels that are owned and generate more energy than consumed, and much more. The home's enormous great room/kitchen area features 1000 sq ft of combined living space, along with soaring ceilings and exposed beams. The first floor allows for an easy conversion to an in-law suite complete with readily accessible plumbing for a kitchenette if desired. The outdoor living space provides more than one way to relax and take in the rejuvenation of nature. There are multiple first-floor patios, a large 70 x 12 deck overlooking the bay, and balconies leading off of three bedrooms on the second floor. There is ample room for an in-ground pool in plenty of sun for plenty of fun. Even the landscaping is taken care of, beautifully maintained by an irrigation system. This home also offers views of the golf course and is located in a quiet neighborhood close to all of the fabulous amenities in downtown Rehoboth and retail Route 1. For even more information about this one-of-a-kind home, please consult the attached Enhancement List for details.

Last Agent to Sell the Property

Andrew Bryan

(302) 242-4328 andrewbryanbrg@gmail.com Bryan Realty Group License #RB-0030961 Listed on: 08/26/2020

Last Buyer's Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100.00 x 120.00
  • Property is zoned AR-1

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Brick Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,300 Sq Ft Home
  • Property has 3 Levels
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Additional Features

  • Multiple Balconies
  • Flood Risk

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 334-19.00-74.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1989

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: This home offers the best water views below $1M in Rehoboth! This fantastic home has been completely renovated from top to bottom, with numerous refined details included. Some of the improvements include a gourmet kitchen, luxury baths, a dream master suite, new HVAC and windows, home automation, solar panels that are owned and generate more energy than consumed, and much more. The home's enormous great room/kitchen area features 1000 sq ft of combined living space, along with soaring ceilings and exposed beams. The first floor allows for an easy conversion to an in-law suite complete with readily accessible plumbing for a kitchenette if desired. The outdoor living space provides more than one way to relax and take in the rejuvenation of nature. There are multiple first-floor patios, a large 70 x 12 deck overlooking the bay, and balconies leading off of three bedrooms on the second floor. There is ample room for an in-ground pool in plenty of sun for plenty of fun. Even the landscaping is taken care of, beautifully maintained by an irrigation system. This home also offers views of the golf course and is located in a quiet neighborhood close to all of the fabulous amenities in downtown Rehoboth and retail Route 1. For even more information about this one-of-a-kind home, please consult the attached Enhancement List for details.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Island, Primary Bath(s), Pantry
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Beamed Ceilings, 9'+ Ceilings, Dry Wall, High
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 272.73
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 265.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Balconies- Multiple
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5201134
  • School Tax: 2261.00
  • Tax Annual Amount: 2498.00
  • Assessor Parcel Number: 334-19.00-74.00
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2070
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/30/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 30, 2020
Sold by
Pressler James L
Bought by
Biloon Joseph E and Biloon Alison B
Seller's Agent
Andrew Bryan
Bryan Realty Group
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,333,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,065
Avg. Annual Appreciation
8.16%
Original Mortgage
$675,000
Outstanding Balance
$600,376
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$732,689

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jul 24, 2018
Sold by
Cassett Robert C and Cassett Jeffrey B
Bought by
Pressler James L
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Andrew Bryan
RE/MAX Horizons
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$536,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1998
Bought by
Cassett Larry R
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
Biloon Joseph E $900,000 None Available
Pressler James L $670,000 --
Cassett Larry R $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biloon Joseph E $675,000
Previous Owner Pressler James L $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $900,000 0.0% $273 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $900,000 +34.3% $273 / Sq Ft
07/27/2018 07/27/18 Sold $670,000 -4.3% $152 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/13/2018 06/13/18 Price Changed $699,900 -3.5% $159 / Sq Ft
03/02/2018 03/02/18 Price Changed $725,000 -3.3% $165 / Sq Ft
10/20/2017 10/20/17 For Sale $750,000 -- $171 / 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 $3,074 $53,200 $7,350 $45,850
2024 $2,657 $53,200 $7,350 $45,850
2023 $2,654 $53,200 $7,350 $45,850
2022 $2,562 $53,200 $7,350 $45,850
2021 $2,505 $53,200 $7,350 $45,850
2020 $2,498 $53,200 $7,350 $45,850
2019 $2,501 $53,200 $7,350 $45,850
2018 $2,336 $53,200 $0 $0
2017 $2,237 $53,200 $0 $0
2016 $2,125 $53,200 $0 $0
2015 $1,531 $53,200 $0 $0
2014 $1,516 $53,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU167634

Bright MLS

APN: 334-19.00-74.00