Estimated Value: $1,184,000 - $1,362,000
5
Beds
3
Baths
5,106
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Primary bedroom faces the bay
- Water Views
- Fitness Center
- Love Creek Elementary School Rated A
- Beach
- Heated Lap Pool
About This Home
As of December 2023Welcome to Your Ultimate Oasis: A Resort Lifestyle Awaits You. Step into your very own paradise where every day feels like a vacation. Nestled within a lush three-quarter-acre waterfront property, this extraordinary haven offers the tranquility and luxury you've always dreamt of, just a mere 12 miles from the pristine shores of Rehoboth Beach. It's truly the "best of all worlds." This sprawling ranch-style home, being offered "fully furnished & turnkey," is a testament to grandeur and elegance. Located in The Sanctuary at Bayfront at Rehoboth, the name alone speaks volumes about the exclusivity and serenity of this community. Picture yourself driving your golf cart to the Bay Beach, where you can launch your kayak or SUP for your very own "Salt Life" style of exercise or birdwatching on the water. This isn't just a home; it's a gateway to a lifestyle that celebrates the beauty of nature. Inside, a true gourmet kitchen awaits, equipped with every culinary convenience you could desire, including a built-in cappuccino maker. The special granite countertops accentuate the open-concept design, creating spacious areas perfect for hosting those memorable family gatherings. The circular great room offers breathtaking waterfront views, complemented by the warm glow of a gas fireplace. The kitchen seamlessly flows into an inviting porch, featuring a second two-sided fireplace, equally enjoyable whether you're indoors or outdoors on the patio. From there, you'll overlook the pristine pool, cozy fire pit, serene water features, and expansive wetlands. The outdoor scene is further elevated by a majestic, natural fountain adjacent to your private heated saltwater pool, complete with a "fast lane" feature for your laps. Plus, your peace of mind is assured with a secure fence that allows the kids and pets to roam freely. The primary suite is a sanctuary of its own, complete with a comfortable sitting area and an office space boasting endless views. The primary bath invites relaxation with its spacious tub and oversized shower. Many guest bedrooms feature built-in TVs for extra convenience. Additionally, there's a second living space that could easily transform into a formal office, offering flexibility to cater to your family's needs. As you step out to the patio, you'll discover a built-in grill and beverage fridge, making outdoor entertaining a breeze. The community itself is a gem, featuring a beautiful clubhouse with a kitchen, meeting rooms, and space for celebrations. A fitness center, community pool, and playground offer additional amenities, all overlooking the picturesque Bay. While the community as a whole boasts generous lots, this property stands as one of the largest in the entire community and particularly in The Sanctuary. You haven't truly experienced the best of beach living until you've explored all that this home, property, and community have to offer. Embrace the tranquility and resort-style living at a fraction of the cost compared to many other communities. Come and live life to the fullest here – your dream lifestyle awaits!
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RA-0020621 Listed on: 10/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,206
Year Built
- Built in 2012
Lot Details
- 0.8 Acre Lot
- Lot Dimensions are 147.00 x 251.00
- Partially Fenced Property
- Extensive Hardscape
- Private Lot
- Non-Tidal Wetland
- Property is zoned AR-1
HOA Fees
- $270 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Garage Door Opener
Property Views
- Water
- Scenic Vista
Home Design
- Coastal Architecture
- Contemporary Architecture
- Bump-Outs
- Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 5,106 Sq Ft Home
- Property has 1.5 Levels
- Open Floorplan
- Bar
- Tray Ceiling
- High Ceiling
- 2 Fireplaces
- Gas Fireplace
- Insulated Windows
- Bay Window
- French Doors
- Insulated Doors
- Entrance Foyer
- Great Room
- Formal Dining Room
- Crawl Space
- Laundry Room
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Kitchen Island
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom faces the bay
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Soaking Tub
Pool
- Heated Lap Pool
- Heated In Ground Pool
- Saltwater Pool
- Pool Equipment Shed
Outdoor Features
- Water Oriented
- Property near a bay
- Lake Privileges
- Deck
- Screened Patio
- Water Fountains
- Exterior Lighting
- Porch
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 160
- Assessor Parcel Number 234-18.00-597.00
Community Details
Overview
- Association fees include common area maintenance, lawn care front, lawn care rear, lawn maintenance, management, recreation facility, reserve funds, snow removal
- $175 Other One-Time Fees
- Bayfront At Rehoboth Subdivision
- Property Manager
Amenities
- Common Area
- Game Room
- Community Center
Recreation
- Beach
- Volleyball Courts
- Fitness Center
- Community Pool
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Dec 7, 2023
Sold by
Froehlich Revocable Living Trust
Bought by
Leviton Amy and Leviton Michael
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Steve Alexander
Keller Williams Realty
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Total Days on Market
10
Views
42
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
-$2,667
Avg. Annual Appreciation
-0.14%
Original Mortgage
$937,500
Outstanding Balance
$926,471
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$320,862
Purchase Details
Listed on
Jan 10, 2013
Closed on
Feb 1, 2013
Sold by
Bay Rose Homes Llc A Maryland Limited Li
Bought by
Froehlich Rick Bryan and Froehlich Carol S
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JACK KOFOED
Monument Sotheby's International Realty
List Price
$719,900
Sold Price
$927,265
Premium/Discount to List
$207,365
28.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$612,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 10, 2013
Closed on
Jan 28, 2013
Sold by
Bay Rose Homes Llc A Maryland Limited Li
Bought by
Froehlich Rick Bryan and Froehlich Carol S
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
JACK KOFOED
Monument Sotheby's International Realty
List Price
$719,900
Sold Price
$927,265
Premium/Discount to List
$207,365
28.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lewes, DE
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 |
|---|---|---|---|
| Leviton Amy | $1,250,000 | None Listed On Document | |
| Froehlich Rick Bryan | $927,264 | -- | |
| Froehlich Rick Bryan | $927,264 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leviton Amy | $937,500 | |
| Previous Owner | Froehlich Rick Bryan | $612,000 | |
| Previous Owner | Froehlich Rick Bryan | $612,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2023 12/07/23 | Sold | $1,250,000 | -3.8% | $245 / Sq Ft |
| 10/21/2023 10/21/23 | Pending | -- | -- | -- |
| 10/11/2023 10/11/23 | For Sale | $1,300,000 | +40.2% | $255 / Sq Ft |
| 01/28/2013 01/28/13 | Sold | $927,265 | +28.8% | $223 / Sq Ft |
| 01/11/2013 01/11/13 | Pending | -- | -- | -- |
| 01/10/2013 01/10/13 | For Sale | $719,900 | -- | $173 / 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 |
|---|---|---|---|---|
| 2024 | $3,325 | $67,450 | $12,700 | $54,750 |
| 2023 | $3,322 | $67,450 | $12,700 | $54,750 |
| 2022 | $3,206 | $67,450 | $12,700 | $54,750 |
| 2021 | $3,176 | $67,450 | $12,700 | $54,750 |
| 2020 | $3,167 | $67,450 | $12,700 | $54,750 |
| 2019 | $3,171 | $67,450 | $12,700 | $54,750 |
| 2018 | $2,962 | $67,450 | $0 | $0 |
| 2017 | $2,837 | $67,450 | $0 | $0 |
| 2016 | $2,694 | $67,450 | $0 | $0 |
| 2015 | $2,475 | $64,850 | $0 | $0 |
| 2014 | $481 | $12,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Barrows
Seller's Agent in 2023
Brian Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 228-0204
138 in this area
395 Total Sales
-
Jennifer Barrows
Seller Co-Listing Agent in 2023
Jennifer Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 841-9505
84 in this area
252 Total Sales
-
Steve Alexander
Buyer's Agent in 2023
Steve Alexander
Keller Williams Realty
(443) 497-4902
2 in this area
30 Total Sales
-
JANE BAXTER
Buyer Co-Listing Agent in 2023
JANE BAXTER
Keller Williams Realty
(302) 245-8831
1 in this area
25 Total Sales
-
Kim Hamer
Seller's Agent in 2013
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
63 in this area
297 Total Sales
-
Buyer's Agent in 2013
JACK KOFOED
OCEAN ATLANTIC SOTHEBYS
Map
Source: Bright MLS
MLS Number: DESU2049668
APN: 234-18.00-597.00
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