NOT LISTED FOR SALE

318 Munson St Rehoboth Beach, DE 19971

Estimated Value: $2,152,834 - $2,708,000

5 Beds
4.5 Baths
2,498 Sq Ft
$954/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $1,518,500 $608 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,537/month

9 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2019

Welcome to 318 Munson, an exceptional new construction opportunity! Situated in Country Club Estates, a popular and convenient downtown Rehoboth Beach community, this home leaves little to be desired. This custom designed coastal retreat boasts an open floor plan with approximately 2,500sq/ft of living space and 5BR, 4.5BA. The home s welcoming elevation offers a gambrel roofline, Hardie-plank siding and craftsman style accents. Upon entry, you ll be greeted by 7" plank Tesoro engineered hardwoods and 10' ceilings. The spacious family room offers a coffered ceiling and a warming gas fireplace as the focal point. The living area leads into the gourmet kitchen with quartz counters, stainless steel GE Monogram appliances, spacious island ideal for parties and entertaining, ample cabinetry, and a unique Foldup pass through window overlooking the pool and rear yard. The first level offers a master suite, complete with en-suite spa-style bath. The second level features 4 additional guest bedrooms, 3 full baths and additional living area offering privacy for guests. This home offers an exceptional rear yard with a large sundeck, screened porch and outdoor shower The home offers exceptional storage with a full basement too. Currently under construction with a December / January delivery, this home will soon be ready for your enjoyment!

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 10/04/2018

Jack Lingo - Rehoboth

Co-Listed By

Amanda Ryan

(302) 227-3883 amanda@rbre.com Jack Lingo - Rehoboth License #RS-0019497

Last Buyer's Agent

Sherri Martin

(302) 227-3883 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 4,996 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Property is in very good condition
  • Zoning described as Town Codes

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 2,498 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Loft

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer Hookup

Basement

  • Sump Pump
  • Drain

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Tankless Water Heater
  • Bottled Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • Built by Turnstone Custom Homes
  • Country Club Estates Subdivision

Listing and Financial Details

  • Tax Lot 239.00
  • Assessor Parcel Number 334-14.17-239.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,194

Year Built

Built in 2018 | Newly Remodeled

Lot Details

4,996 Sq Ft Lot

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
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Laundry, Loft, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Drain, Sump Pump
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2498
  • Living Area Sq Ft: 2498
  • Price Per Sq Ft: 620.50
  • Above Grade Finished Sq Ft: 2498
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Hardiplank Type, Stick Built
  • Construction Completed: No
  • Roof: 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: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Tankless, Bottled Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Propane
  • 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 Source: Listing Agent

Lot Info

  • Fencing: Privacy, Partially
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Property Condition: Very Good
  • Zoning: Q
  • Zoning Description: Town Codes
  • In City Limits: Yes

Building Info

  • Builder Name: Turnstone Custom Homes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 920.00
  • Tax Annual Amount: 1194.00
  • Assessor Parcel Number: 334-14.17-239.00
  • Tax Lot: 239.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Feb 13, 2019
Sold by
Resort Props 318 Munson
Bought by
Kalin Neil S and Kalin Joan L
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Sherri Martin
Jack Lingo - Rehoboth
List Price
$1,550,000
Sold Price
$1,518,500
Premium/Discount to List
-$31,500
-2.03%
Current Estimated Value
$2,383,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,459
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Nov 24, 2017
Closed on
Feb 14, 2018
Sold by
Epfam Ira Llc
Bought by
Resort Props 318 Munson
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$775,000
Sold Price
$751,000
Premium/Discount to List
-$24,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.65%

Purchase Details

Listed on
Nov 24, 2017
Closed on
Jan 30, 2018
Sold by
Johns Michael C and Short Donald K
Bought by
Epfam Ira Llc
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$775,000
Sold Price
$751,000
Premium/Discount to List
-$24,000
-3.1%

Purchase Details

Listed on
Nov 24, 2017
Closed on
Jan 26, 2018
Sold by
Johns Michael C and Short Donald K
Bought by
Epfam Ira Llc
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$775,000
Sold Price
$751,000
Premium/Discount to List
-$24,000
-3.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalin Neil S $1,518,500 --
Resort Props 318 Munson -- --
Epfam Ira Llc $751,000 --
Epfam Ira Llc $751,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2019 01/15/19 Sold $1,518,500 -2.0% $608 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $1,550,000 +106.4% $620 / Sq Ft
01/26/2018 01/26/18 Sold $751,000 -3.1% $417 / Sq Ft View Prior Sale
12/09/2017 12/09/17 Pending -- -- --
11/24/2017 11/24/17 For Sale $775,000 -- $431 / Sq Ft
Source: Bright MLS

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 $3,053 $23,300 $6,250 $17,050
2024 $1,762 $23,300 $6,250 $17,050
2023 $1,761 $23,300 $6,250 $17,050
2022 $1,699 $23,300 $6,250 $17,050
2021 $1,684 $23,300 $6,250 $17,050
2020 $1,678 $23,300 $6,250 $17,050
2019 $1,681 $23,300 $6,250 $17,050
2018 $1,023 $23,300 $0 $0
2017 $980 $23,300 $0 $0
2016 $931 $23,300 $0 $0
2015 $889 $23,300 $0 $0
2014 $883 $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1008150424

Bright MLS

APN: 334-14.17-239.00

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