NOT LISTED FOR SALE

3 Newbold Square Rehoboth Beach, DE 19971

Estimated Value: $434,360 - $503,000

1 Bed
1 Bath
580 Sq Ft
$812/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $316,250 $545 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,543/month

117 Days on Market

Highlights

  • Lake Front
  • Canoe or Kayak Water Access
  • 2.37 Acre Lot
  • Rehoboth Elementary School Rated A
  • Fishing Allowed
  • Pond

About This Home

As of July 2020

Ready now for your summer enjoyment! Fabulous waterfront location right on Silver Lake. Turn key -- bring your PJ's and a toothbrush and you'll be ready to enjoy this furnished ground level one-bedroom town home. Kitchen, dining area and living room all enjoy the wood-burning fireplace. Easy care and cozy describes this the best. Great for personal use living all year'round, or much in demand for summer or off-season rentals. Nicely landscaped complex with community pool overlooking Silver Lake Park and adjacent to the new Rehoboth Elementary School grounds. A quiet hidden treasure that is a 3+ block walk to the sandy beaches of the Atlantic Ocean in South Rehoboth. Close to all the fun, yet tucked away and quiet. Your fun neighbors are turtles, fish, egrets, birds, squirrels -- so much for you to see and enjoy as you listen to the waves crashing on the beach. Oh, and don't forget your bicycle! Annual Association fee of $2,624 is paid $656 quarterly -- pays all property and yard care, pool operation, master insurance policy and more.

Last Agent to Sell the Property

PAT CAMPBELL-WHITE

Monument Sotheby's International Realty License #RA0001517 Listed on: 02/10/2020

Monument Sotheby's International Realty

Co-Listed By

Carla Campbell

Monument Sotheby's International Realty License #RA-0003577

Monument Sotheby's International Realty

Last Buyer's Agent

Carla Campbell

Monument Sotheby's International Realty License #RA-0003577

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $709

Year Built

  • Built in 1969

Lot Details

  • Lake Front
  • Home fronts navigable water
  • West Facing Home
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $875 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Block Wall
  • Frame Construction
  • Shingle Roof
  • Synthetic Stucco Exterior
  • Composite Building Materials
  • Masonry

Interior Spaces

  • 580 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Open Floorplan
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Driveway
  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Bulkhead
  • Swimming Allowed
  • Pond
  • Patio

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.05-356.00-3

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s)
  • Newbold Sq Association
  • Newbold Square Subdivision
  • Property Manager

Recreation

  • Community Pool
  • Fishing Allowed

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$709

Year Built

Built in 1969

Lot Details

0

HOA Fees

$875 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Unit/Flat
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Possibly some small personal items; most of which have been removed to Sellers' knowledge.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnished AS IS
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1969
  • Remarks Public: Ready now for your summer enjoyment! Fabulous waterfront location right on Silver Lake. Turn key -- bring your PJ's and a toothbrush and you'll be ready to enjoy this furnished ground level one-bedroom town home. Kitchen, dining area and living room all enjoy the wood-burning fireplace. Easy care and cozy describes this the best. Great for personal use living all year'round, or much in demand for summer or off-season rentals. Nicely landscaped complex with community pool overlooking Silver Lake Park and adjacent to the new Rehoboth Elementary School grounds. A quiet hidden treasure that is a 3+ block walk to the sandy beaches of the Atlantic Ocean in South Rehoboth. Close to all the fun, yet tucked away and quiet. Your fun neighbors are turtles, fish, egrets, birds, squirrels -- so much for you to see and enjoy as you listen to the waves crashing on the beach. Oh, and don't forget your bicycle! Annual Association fee of $2,624 is paid $656 quarterly -- pays all property and yard care, pool operation, master insurance policy and more.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Exhaust Fan, Range Hood, Refrigerator, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Tub Shower, Window Treatments
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Block Walls, Masonry
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 580
  • Living Area Sq Ft: 580
  • Price Per Sq Ft: 567.24
  • Above Grade Finished Sq Ft: 580
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Composition, Frame, Masonry, Synthetic Stucco
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Lake, Garden/Lawn
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Silver Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Paved Parking
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 32
  • Previous Twelve Months Electric Expense: 386.00
  • Electric Service: Circuit Breakers, Underground
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Under Ground, Water Available
  • Monthly Water Average: 39
  • Water Previous Twelve Months: 462.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2624.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s)
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: NEWBOLD SQ ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RC
  • Lot Features: Bulkheaded, Landscaping, Pond
  • Lot Size Acres: 2.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 103237.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: TN
  • Zoning Description: Fee simple interest in equal undivided common ownership of Unit # 3, Newbold Square, Scarborough Avenue, Extended, Rehoboth
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5202670
  • School Tax: 524.00
  • Tax Annual Amount: 709.00
  • Assessor Parcel Number: 334-20.05-356.00-3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/20/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 20, 2020
Sold by
Postles William E and Postles Marilyn C
Bought by
Gilchrest Kevin W and Moredock Amy
Seller's Agent
PAT CAMPBELL-WHITE
Monument Sotheby's International Realty
Buyer's Agent
Carla Campbell
Monument Sotheby's International Realty
List Price
$329,000
Sold Price
$316,250
Premium/Discount to List
-$12,750
-3.88%
Current Estimated Value
$470,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,590
Avg. Annual Appreciation
7.70%
Original Mortgage
$253,000
Outstanding Balance
$226,334
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$229,929

Purchase Details

Closed on
Nov 8, 1993
Bought by
Postles William E and Postles Marilyn C
Source: Public Records

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Range of Values:

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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
Gilchrest Kevin W $316,250 None Available
Postles William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilchrest Kevin W $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $316,250 -3.9% $545 / Sq Ft
02/10/2020 02/10/20 For Sale $329,000 -- $567 / 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
2024 $665 $12,300 $0 $12,300
2023 $665 $12,300 $0 $12,300
2022 $642 $12,300 $0 $12,300
2021 $636 $12,300 $0 $12,300
2020 $634 $12,300 $0 $12,300
2019 $635 $12,300 $0 $12,300
2018 $593 $13,500 $0 $0
2017 $568 $13,500 $0 $0
2016 $539 $13,500 $0 $0
2015 $515 $13,500 $0 $0
2014 $511 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PAT CAMPBELL-WHITE

    Seller's Agent in 2020

    PAT CAMPBELL-WHITE

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-1488

    15 in this area

    38 Total Sales

    PAT CAMPBELL-WHITE
    Section Image
  • Carla Campbell

    Seller Co-Listing Agent in 2020

    Carla Campbell

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5534

    29 in this area

    66 Total Sales

    Carla Campbell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU155728

Bright MLS

APN: 334-20.05-0356.00- 3

Delaware Sussex County Rehoboth Beach 19971

3 Newbold Square, Rehoboth Beach, DE

This home is located at 3 Newbold Square, Rehoboth Beach, DE 19971 since 10 February 2020 and is currently estimated at $470,840, approximately $811 per square foot. This property was built in 1969. 3 Newbold Square is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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