A
Seller's Agent in 2020
Andy Meddick
Keller Williams Realty
(302) 381-6182
5 in this area
5 Total Sales
318 Laurel St Rehoboth Beach, DE 19971
Estimated Value: $2,204,000 - $2,562,000
4
Beds
4.5
Baths
3,000
Sq Ft
$805/Sq Ft
Est. Value
Highlights
- Coastal Architecture
- Wood Flooring
- Attic
- Rehoboth Elementary School Rated A
- Main Floor Bedroom
- 4-minute walk to Rehoboth Elementary Playground
About This Home
As of December 2020Don't wait! This charming fully furnished refuge at the beach just blocks from the beach and downtown Rehoboth will not last! This three story, 3,000 sf Southern Plantation-style home was built in 2008 under previous zoning, which means it could not be built on this lot today! Located on the very quiet end of Laurel Street in prestigious Country Club Estates, you will enjoy the large wrap around porch and fenced in backyard with hot tub and relaxing fountain. In this 4 bedroom 1 bath home, Tall ceilings, tall doors, a built in laundry chute and ladder to the 3rd level cupola office makes this a quaint refuge for a vacation home or primary residence. Looking for rental income? This home has a proven vacation rental history through Seachange Vacation Rentals, Approx 70k income for summer season.
Last Agent to Sell the Property
(302) 381-6182 andymeddick@kw.com Keller Williams Realty Listed on: 08/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,300
Year Built
- Built in 2007
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- North Facing Home
- Sprinkler System
- Property is in excellent condition
- Property is zoned TN
HOA Fees
- $2 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 1st floor
- Block Foundation
- Frame Construction
- Asbestos Shingle Roof
- Metal Roof
- HardiePlank Type
Interior Spaces
- 3,000 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling height of 9 feet or more
- Gas Fireplace
- Living Room
- Dining Room
- Den
- Partial Basement
- Storm Doors
- Attic
Kitchen
- Gas Oven or Range
- Cooktop
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Parking
- 4 Parking Spaces
- 3 Driveway Spaces
- Brick Driveway
Eco-Friendly Details
- Solar owned by seller
Outdoor Features
- Patio
- Shed
- Wrap Around Porch
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Propane
- Electric Water Heater
- Water Conditioner is Owned
- Municipal Trash
- Phone Available
- Cable TV Available
Community Details
- Country Club Estates HOA
- Country Club Estates Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 8
- Assessor Parcel Number 334-14.17-271.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2020
Closed on
Nov 17, 2020
Sold by
Mcglone Thomas E and Meddick Andrew D
Bought by
Brown Kimberly and Kibrick-Katz Stephen
Seller's Agent
Andy Meddick
Keller Williams Realty
Buyer's Agent
Randy Mason
Jack Lingo - Rehoboth
List Price
$1,649,000
Sold Price
$1,595,000
Premium/Discount to List
-$54,000
-3.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,000
Avg. Annual Appreciation
8.97%
Original Mortgage
$1,276,000
Outstanding Balance
$1,140,098
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,274,902
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Kimberly | $1,595,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Kimberly | $1,276,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2020 12/01/20 | Sold | $1,595,000 | 0.0% | $532 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | Price Changed | $1,595,000 | -3.3% | $532 / Sq Ft |
| 08/30/2020 08/30/20 | For Sale | $1,649,000 | -- | $550 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,657 | $40,400 | $6,250 | $34,150 |
| 2024 | $1,991 | $40,400 | $6,250 | $34,150 |
| 2023 | $1,990 | $40,400 | $6,250 | $34,150 |
| 2022 | $1,920 | $40,400 | $6,250 | $34,150 |
| 2021 | $1,902 | $40,400 | $6,250 | $34,150 |
| 2020 | $1,897 | $40,400 | $6,250 | $34,150 |
| 2019 | $1,899 | $40,400 | $6,250 | $34,150 |
| 2018 | $1,774 | $40,400 | $0 | $0 |
| 2017 | $1,699 | $40,400 | $0 | $0 |
| 2016 | $1,614 | $40,400 | $0 | $0 |
| 2015 | $1,542 | $40,400 | $0 | $0 |
| 2014 | $1,531 | $40,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Meddick
-
Randy Mason
Buyer's Agent in 2020
Randy Mason
Jack Lingo - Rehoboth
(302) 236-1142
80 in this area
108 Total Sales
Map
Source: Bright MLS
MLS Number: DESU166302
APN: 334-14.17-271.00
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