NOT LISTED FOR SALE

309 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $2,143,743 - $2,412,000

4 Beds
4.5 Baths
3,000 Sq Ft
$758/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $1,320,000 $440 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $12,288/month

165 Days on Market

Highlights

  • Newly Remodeled
  • Coastal Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Rehoboth Elementary Playground

About This Home

As of July 2016

New Construction Opportunity In Country Club Estates. This Home Has The Charm And Curb Appeal Of A Traditional Rehoboth Beach Cottage And The Grandeur Of 21st Century Luxury Home. This Welcoming Floor Plan Boasts A Sought After Open Concept Ideal For Entertaining Complete With A Gourmet Kitchen With Quartz/Marble Counters, A Commercial Grade Appliance Package, Gas Fireplace Surrounded By Custom Built-Ins, Large Island For Additional Workspace And Seating, Butler's Pantry And Wet Bar. The Home Includes 4 Bedrooms (2 Master Suites), 4.5 Baths, Additional Living Space On The Second Floor, Hardwoods And Tile Flooring Throughout, Custom Moldings And Trim And Much More. Ideal Outdoor Living Spaces Include Spacious Front Porch, Private Side Screened Porch, Paver Patio And Walkway, Outdoor Shower Complete With Dressing Area, And A Partial Basement For Storage Too.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 10/19/2015

Jack Lingo - Rehoboth

Co-Listed By

Amanda Ryan

(302) 841-9603 amanda@rbre.com Jack Lingo - Rehoboth License #RS-0019497

Last Buyer's Agent

Babs Morales

(302) 841-0797 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Great Room
  • Open Floorplan
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Six Burner Stove
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.17-255.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Remarks Public: New Construction Opportunity In Country Club Estates. This Home Has The Charm And Curb Appeal Of A Traditional Rehoboth Beach Cottage And The Grandeur Of 21st Century Luxury Home. This Welcoming Floor Plan Boasts A Sought After Open Concept Ideal For Entertaining Complete With A Gourmet Kitchen With Quartz/Marble Counters, A Commercial Grade Appliance Package, Gas Fireplace Surrounded By Custom Built-Ins, Large Island For Additional Workspace And Seating, Butler's Pantry And Wet Bar. The Home Includes 4 Bedrooms (2 Master Suites), 4.5 Baths, Additional Living Space On The Second Floor, Hardwoods And Tile Flooring Throughout, Custom Moldings And Trim And Much More. Ideal Outdoor Living Spaces Include Spacious Front Porch, Private Side Screened Porch, Paver Patio And Walkway, Outdoor Shower Complete With Dressing Area, And A Partial Basement For Storage Too.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Six Burner Stove, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Ceiling Fan(s), Wet/Dry Bar
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Dining Room, Primary Bedroom, Kitchen, Great Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 458.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 309

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower, Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared, Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3000.00
  • Assessor Parcel Number: 334-14.17-255.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/21/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Albany Frank J and Chase-Albany Heidee
Bought by
Horne Thomas E and Horne Jennifer L
Current Estimated Value
$2,272,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$712,239
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,560,342

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jul 21, 2016
Sold by
Tgip Llc
Bought by
Albany Frank James
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,375,000
Sold Price
$1,320,000
Premium/Discount to List
-$55,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,056,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Horne Thomas E $1,800,000 None Available
Albany Frank James $1,320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Thomas E $800,000
Previous Owner Albany Frank James $1,056,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $1,320,000 -4.0% $440 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $1,375,000 -- $458 / 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 $2,884 $39,850 $6,250 $33,600
2024 $1,964 $39,850 $6,250 $33,600
2023 $1,962 $39,850 $6,250 $33,600
2022 $1,894 $39,850 $6,250 $33,600
2021 $1,877 $39,850 $6,250 $33,600
2020 $1,871 $39,850 $6,250 $33,600
2019 $1,874 $39,850 $6,250 $33,600
2018 $1,750 $39,850 $0 $0
2017 $1,676 $39,850 $0 $0
2016 $250 $6,250 $0 $0
2015 $239 $6,250 $0 $0
2014 $237 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2016

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    184 in this area

    345 Total Sales

    Bryce Lingo
    Section Image
  • Amanda Ryan

    Seller Co-Listing Agent in 2016

    Amanda Ryan

    Jack Lingo - Rehoboth

    (302) 841-9603

    33 in this area

    92 Total Sales

    Amanda Ryan
    Section Image
  • Babs Morales

    Buyer's Agent in 2016

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    33 in this area

    50 Total Sales

    Babs Morales
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001011144

Bright MLS

APN: 334-14.17-255.00

Delaware Sussex County Rehoboth Beach 19971

309 Laurel St, Rehoboth Beach, DE

This home is located at 309 Laurel St, Rehoboth Beach, DE 19971 since 19 October 2015 and is currently estimated at $2,272,581, approximately $757 per square foot. This property was built in 2015. 309 Laurel St 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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