$1,350,000
SOLD JAN 9, 2020
4 Beds
4.5 Baths
2,038 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$662 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • Open Floorplan
  • Rambler Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Rehoboth Canal Walk

About This Home

As of November 2020

One house on two in town Rehoboth lots! Great opportunity to own a large property within walking distance to the beach and Rehoboth Avenue. Sprawling ranch with large, comfortable rooms. Open living, dining and kitchen area. Three bedrooms on the first floor and a spacious guest suite with full bathroom over the garage. Hardwood floors throughout. Sunroom and screened porch overlooks the wide backyard. Garage and storage shed for all of your beach toys. Steps to Rehoboth Avenue, restaurants and shops. NOTE: House # says "2" but official address w/ City of Rehoboth is "3".

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 10/26/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Philip Manolakos

Patterson-Schwartz-Brandywine

Patterson-Schwartz-Brandywine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1967 | Remodeled in 2008

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Property is zoned TN

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction
  • Asbestos Shingle Roof

Interior Spaces

  • 2,038 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-211.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 1967 | Remodeled in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-10-26
  • Federal Flood Zone: No
  • Year Built: 1967
  • Year Renovated: 2008
  • Remarks Public: One house on two in town Rehoboth lots! Great opportunity to own a large property within walking distance to the beach and Rehoboth Avenue. Sprawling ranch with large, comfortable rooms. Open living, dining and kitchen area. Three bedrooms on the first floor and a spacious guest suite with full bathroom over the garage. Hardwood floors throughout. Sunroom and screened porch overlooks the wide backyard. Garage and storage shed for all of your beach toys. Steps to Rehoboth Avenue, restaurants and shops. NOTE: House # says "2" but official address w/ City of Rehoboth is "3".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Wood Floors
  • Fireplaces Count: 1
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2038
  • Living Area Sq Ft: 2038
  • Price Per Sq Ft: 686.95
  • Above Grade Finished Sq Ft: 2038
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • 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

  • Land Use Code: RS
  • Lot Size Acres: 0.22
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2019
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194686
  • School Tax: 1971.00
  • Tax Annual Amount: 2383.00
  • Assessor Parcel Number: 334-13.20-211.00
  • Tax Total Finished Sq Ft: 2038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/09/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Pollack David M
Bought by
David M Pollack M and David Leslie J
Current Estimated Value
$2,228,830

Purchase Details

Listed on
Jul 3, 2020
Closed on
Nov 18, 2020
Sold by
Panetis Konstantinos
Bought by
Pollack David M and Pollack Leslie J
Seller's Agent
George Manolakos
Patterson-Schwartz-Brandywine
Buyer's Agent
Christopher Beagle
Compass
List Price
$1,579,000
Sold Price
$1,470,000
Premium/Discount to List
-$109,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$709,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 26, 2019
Closed on
Jan 9, 2020
Sold by
20 Rehoboth Avenue Llc
Bought by
Panetis Konsttantinos
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Philip Manolakos
Patterson-Schwartz-Brandywine
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$1,486,626
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2011
Bought by
20 Rehoboth Avenue Llc

Purchase Details

Closed on
Dec 7, 2010
Bought by
20 Rehoboth Avenue Llc
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 Type Sale Price Title Company
Deed -- --
Deed $1,470,000 None Available
Deed $1,350,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $650,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $709,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,486,626 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $1,470,000 -1.2% $568 / Sq Ft
09/04/2020 09/04/20 Price Changed $1,488,000 -5.8% $575 / Sq Ft
07/03/2020 07/03/20 For Sale $1,579,000 +17.0% $610 / Sq Ft
01/09/2020 01/09/20 Sold $1,350,000 -3.6% $662 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $1,400,000 -- $687 / 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 $1,673 $46,300 $12,500 $33,800
2023 $1,672 $46,300 $12,500 $33,800
2022 $1,614 $46,300 $12,500 $33,800
2021 $1,599 $46,300 $12,500 $33,800
2020 $2,174 $46,300 $12,500 $33,800
2019 $2,177 $46,300 $12,500 $33,800
2018 $2,033 $46,300 $0 $0
2017 $1,947 $46,300 $0 $0
2016 $1,849 $46,300 $0 $0
2015 $2,050 $53,700 $0 $0
2014 $2,035 $53,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU150492

Bright MLS

APN: 334-13.20-211.00