NOT LISTED FOR SALE

3 & 5 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $2,023,029 - $3,457,000

3 Beds
2 Baths
2,000 Sq Ft
$1,487/Sq Ft Est. Value

About This Home

This home is located at 3 & 5 Laurel St, Rehoboth Beach, DE 19971 and is currently estimated at $2,973,010, approximately $1,486 per square foot. 3 & 5 Laurel St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Wallace Todd A and Wallace Margaret
Bought by
Mtw Properties Llc
Current Estimated Value
$2,973,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,984,867
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$988,143

Purchase Details

Closed on
Jan 18, 2023
Sold by
Revocable Trust
Bought by
Wallace Todd A and Wallace Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mtw Properties Llc -- None Listed On Document
Wallace Todd A $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtw Properties Llc $2,000,000
Previous Owner Wallace Todd A $2,400,000
Previous Owner Wallace Todd A $1,260,000
Source: Public Records

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
2024 $2,393 $27,400 $12,500 $14,900
2023 $1,349 $27,400 $12,500 $14,900
2022 $1,302 $27,400 $12,500 $14,900
2021 $1,290 $27,400 $12,500 $14,900
2020 $1,286 $27,400 $12,500 $14,900
2019 $1,288 $27,400 $12,500 $14,900
2018 $1,203 $27,400 $0 $0
2017 $1,152 $27,400 $0 $0
2016 $1,094 $27,400 $0 $0
2015 $1,046 $27,400 $0 $0
2014 $1,038 $27,400 $0 $0
Source: Public Records

Map

Delaware Sussex County Rehoboth Beach 19971

3 & 5 Laurel St, Rehoboth Beach, DE

This home is located at 3 & 5 Laurel St, Rehoboth Beach, DE 19971 and is currently estimated at $2,973,010, approximately $1,486 per square foot. 3 & 5 Laurel St is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes