NOT LISTED FOR SALE

314 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $2,178,003 - $2,627,000

4 Beds
4.5 Baths
3,000 Sq Ft
$818/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $1,425,000 $475 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $13,321/month

32 Days on Market

Highlights

  • 24-Hour Security
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Rehoboth Elementary Playground

About This Home

As of July 2019

Beautiful fully furnished turnkey home in the convenient location of Country Club Estates. 3.5 blocks to downtown and the beach. Perfect vacation and/or rental property with four spacious bedrooms - all with full en-suites, making this an ideal destination for multi-generations to enjoy. Open concept kitchen/great room, 10-ft. ceilings, hardwood floors, new HVAC systems, front porch, outdoor shower, lots of storage space, security system and much more. Soundly built, meticulously maintained. Excellent rental history with $80k in proven, repeated annual income. Step inside this gracious space and immediately relax in your new beach retreat!

Last Agent to Sell the Property

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037 Listed on: 04/25/2019

Jack Lingo - Rehoboth

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037 Listed on: 04/25/2019

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 2008

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Combination Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Gas Fireplace
  • Dryer

Kitchen

  • Gourmet Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Bottled Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 10
  • Assessor Parcel Number 334-14.17-269.00

Community Details

Overview

  • Country Club Estates Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,127

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Hawaiian paddle (kitchen)Hawaiian Hook (Family Room)Garage Painting by Iandolo (Family Room)Diner Painting by Iandolo (Family Room)Sailors Painting by Iandolo (Downstairs Bedroom)Sailboat Painting by Iandolo (Downstairs Bedroom)Gordon's Pond Painting by D
  • Inclusions: Turn key rental and everything but what is listed in exclusions
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2008
  • Remarks Public: Beautiful fully furnished turnkey home in the convenient location of Country Club Estates. 3.5 blocks to downtown and the beach. Perfect vacation and/or rental property with four spacious bedrooms - all with full en-suites, making this an ideal destination for multi-generations to enjoy. Open concept kitchen/great room, 10-ft. ceilings, hardwood floors, new HVAC systems, front porch, outdoor shower, lots of storage space, security system and much more. Soundly built, meticulously maintained. Excellent rental history with $80k in proven, repeated annual income. Step inside this gracious space and immediately relax in your new beach retreat!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Cooktop, Dryer, Microwave, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Combination Kitchen/Living, Combination Dining/Living, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Combination, Interior Access, Sump Pump
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 495.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Metal, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Propane, Cable Tv Available, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets Allowed: No
  • Total Actual Rent: 80000.00
  • Vacation Rental: Yes

Tax Info

  • School Tax: 1673.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2127.00
  • Assessor Parcel Number: 334-14.17-269.00
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 1349
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/12/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2011
Bought by
Iandolo Michael J and Iandolo Jacqueline L
Current Estimated Value
$2,454,001

Purchase Details

Closed on
Aug 31, 2011
Bought by
Iandolo Michael J and Iandolo Jacqueline L
Source: Public Records

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
Iandolo Michael J $985,000 --
Iandolo Michael J $985,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $1,425,000 -4.0% $475 / Sq Ft
04/25/2019 04/25/19 For Sale $1,485,000 -- $495 / 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 $3,692 $42,400 $6,250 $36,150
2024 $2,090 $42,400 $6,250 $36,150
2023 $2,088 $42,400 $6,250 $36,150
2022 $2,015 $42,400 $6,250 $36,150
2021 $1,997 $42,400 $6,250 $36,150
2020 $1,991 $42,400 $6,250 $36,150
2019 $1,994 $42,400 $6,250 $36,150
2018 $1,862 $42,400 $0 $0
2017 $1,783 $42,400 $0 $0
2016 $1,694 $42,400 $0 $0
2015 $1,618 $42,400 $0 $0
2014 $1,606 $42,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138990

Bright MLS

APN: 334-14.17-269.00