NOT LISTED FOR SALE

314 State Rd Rehoboth Beach, DE 19971

Estimated Value: $1,179,302 - $1,693,000

5 Beds
5 Baths
2,000 Sq Ft
$735/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $859,000 $430 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,025/month

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Marble Flooring
  • Rehoboth Elementary School Rated A
  • Cathedral Ceiling
  • 3-minute walk to Rehoboth Canal Walk

About This Home

As of April 2021

First Floor Living! 10 Blocks to Poodle Beach! Why drive to the beach when you can live at the beach? Just blocks from the Rehoboth Beach boardwalk, this saltbox/beach cottage has a traditional first floor and modern second-floor addition (2005). The main floor is the original home with the open floor plan with a kitchen/dining room combination that leads to the spacious sun room stretching the width of the home. The foyer leads to a wide staircase to the second floor with three modern suites with cathedral ceilings, windows and skylights providing plenty of daylight. And there's an outdoor shower in the rear exterior of the home. (For a self-guided virtual tour or live agent "no contact" guided virtual tour of this home please choose the virtual tour.) See drone picture for canal location. Lot behind just sold and the corner lot behind is now available as well!

Last Agent to Sell the Property

TONY FISHER

(215) 410-1919 tony@anthonypatrickre.com Anthony Patrick Real Estate, LLC License #RB-0020837 Listed on: 07/20/2020

Co-Listed By

Leslie Byrne

(302) 864-8708 lbyrne@mcwb.com Anthony Patrick Real Estate, LLC

Last Buyer's Agent

Melinda Ingram

(302) 462-6581 mibeachrealtor@yahoo.com Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1983

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 61.00 x 127.00
  • Downtown Location
  • Corner Lot
  • Wooded Lot
  • Back Yard
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Contemporary Architecture
  • Saltbox Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Hung Windows
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Six Panel Doors
  • Combination Kitchen and Dining Room
  • Storm Doors

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Marble

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Windows with Low Emissivity

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 334-19.08-87.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Salt Box, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: First Floor Living! 10 Blocks to Poodle Beach! Why drive to the beach when you can live at the beach? Just blocks from the Rehoboth Beach boardwalk, this saltbox/beach cottage has a traditional first floor and modern second-floor addition (2005). The main floor is the original home with the open floor plan with a kitchen/dining room combination that leads to the spacious sun room stretching the width of the home. The foyer leads to a wide staircase to the second floor with three modern suites with cathedral ceilings, windows and skylights providing plenty of daylight. And there's an outdoor shower in the rear exterior of the home. (For a self-guided virtual tour or live agent "no contact" guided virtual tour of this home please choose the virtual tour.) See drone picture for canal location. Lot behind just sold and the corner lot behind is now available as well!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated, Marble
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Country, Recessed Lighting, Wood Floors
  • Window Features: Casement, Double Hung, Energy Efficient, Low-E
  • Fireplace: No
  • Door Features: French, Sliding Glass, Six Panel, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Room Count: 14
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 462.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Mixed, Stick Built
  • Exterior Features: Outside Shower, Street Lights, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 17450.00
  • Land Assessed Value: 3950.00
  • Land Use Code: RS
  • Lot Features: Corner, Trees/Wooded, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 61.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Patio(s), Enclosed, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: Yes
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5201662
  • School Tax: 909.00
  • Tax Annual Amount: 1373.00
  • Assessor Parcel Number: 334-19.08-87.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Apr 16, 2021
Sold by
Channon Robert
Bought by
Grace Michael J
Seller's Agent
TONY FISHER
Anthony Patrick Real Estate, LLC
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$924,000
Sold Price
$859,000
Premium/Discount to List
-$65,000
-7.03%
Current Estimated Value
$1,469,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,576
Avg. Annual Appreciation
12.82%
Original Mortgage
$409,000
Outstanding Balance
$369,277
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,100,299
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 Buyer Sale Price Title Company
Grace Michael J $859,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grace Michael J $409,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $859,000 -7.0% $430 / Sq Ft
03/15/2021 03/15/21 For Sale $924,000 0.0% $462 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $924,000 0.0% $462 / Sq Ft
02/13/2021 02/13/21 Price Changed $924,000 -2.6% $462 / Sq Ft
11/08/2020 11/08/20 Price Changed $949,000 -5.0% $475 / Sq Ft
09/18/2020 09/18/20 Price Changed $999,000 -4.8% $500 / Sq Ft
09/15/2020 09/15/20 Price Changed $1,049,000 -4.6% $525 / Sq Ft
07/20/2020 07/20/20 For Sale $1,100,000 -- $550 / 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 $2,812 $21,400 $3,950 $17,450
2024 $1,055 $21,400 $3,950 $17,450
2023 $1,054 $21,400 $3,950 $17,450
2022 $1,017 $21,400 $3,950 $17,450
2021 $1,008 $21,400 $3,950 $17,450
2020 $1,005 $21,400 $3,950 $17,450
2019 $1,006 $21,400 $3,950 $17,450
2018 $940 $21,400 $0 $0
2017 $900 $21,400 $0 $0
2016 $855 $21,400 $0 $0
2015 $817 $21,400 $0 $0
2014 $811 $21,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU162860

Bright MLS

APN: 334-19.08-87.00