Seller's Agent in 2024
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
151 in this area
864 Total Sales
320 Laurel St Rehoboth Beach, DE 19971
Estimated Value: $632,429 - $2,849,000
5
Beds
5.5
Baths
2,310
Sq Ft
$819/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Coastal Architecture
- Furnished
- Rehoboth Elementary School Rated A
- Main Floor Bedroom
- 5-minute walk to Rehoboth Elementary Playground
About This Home
As of January 2024Price improvement! Welcome to 320 Laurel Street! This home was built almost entirely new in 2019 and features 5 bedrooms, 5.5 baths and best of all a huge pool in downtown Rehoboth. The size of the pool can no longer be built alongside a house of this square footage per Rehoboth code. What makes this property really special is its location - this block of Laurel Street is one of the few streets in downtown Rehoboth that is not a through street, making it a uniquely quiet spot. This home has an extremely impressive rental history. This property grossed over $149,000 in rental income in 2022 and is on track to surpass those numbers for 2023. 320 Laurel Street is being sold turn-key and fully furnished. Upon entry, you’ll be welcomed into the spacious living room which reaches through to the kitchen and dining area. Luxury vinyl plank flooring flows throughout the entirety of the home's living spaces and bedrooms. The first floor primary suite entrance is encased by double doors and boasts a large bedroom, sun filled windows and an attached bath with custom tiled shower and dual vanities. The kitchen has stainless steel appliances, custom pendant lighting and a large island perfect for entertaining. With large sliding glass doors leading out to the pool (gunite as of 2023), you are only steps away from the backyard oasis. Here you’ll find the large gunite pool complete with patio area, irrigation system, BBQ grill and stepping stone path to the outdoor shower, all fenced in with 6 foot privacy fencing. Back inside, the kitchen flows into the dining space, making gathering for meal times a breeze. The dining area is accented by custom millwork, light filled windows and plenty of space to fit all guests of the home. Upstairs you’ll find the remaining 4 bedroom suites, complete with their own full, custom tile work bathrooms and pocket doors. The laundry room is conveniently located on the 2nd floor. Walk to Dogfish Head Brew Pub, Rise Up, Egg & so many more popular Rehoboth Beach shops, restaurants and bars.
Last Agent to Sell the Property
(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 07/25/2023
Co-Listed By
(302) 562-7954 merritt@jacklingo.com Jack Lingo - Lewes License #RS-0023847
Last Buyer's Agent
(717) 991-5470 joe@homesteadrehoboth.com McWilliams/Ballard, Inc. License #RS-0025129
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,834
Year Built
- Built in 2019
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50.00 x 100.00
- Privacy Fence
- Landscaped
- Extensive Hardscape
- Property is in excellent condition
- Property is zoned TN
HOA Fees
- $2 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 2,310 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Recessed Lighting
- Sliding Doors
- Living Room
- Combination Kitchen and Dining Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Gas Oven or Range
- Built-In Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Stone Driveway
- Paved Parking
Pool
- In Ground Pool
- Gunite Pool
- Fence Around Pool
- Outdoor Shower
Outdoor Features
- Patio
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Electric Water Heater
Community Details
- Country Club Estates Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 7
- Assessor Parcel Number 334-14.17-272.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2023
Closed on
Jan 2, 2024
Sold by
Meddick Andrew D and Mcglone Thomas E
Bought by
Costa Daniel W
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Joseph Sterner
McWilliams/Ballard, Inc.
List Price
$2,750,000
Sold Price
$2,595,000
Premium/Discount to List
-$155,000
-5.64%
Views
212
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
-$702,643
Avg. Annual Appreciation
-16.77%
Original Mortgage
$2,205,705
Outstanding Balance
$1,039,869
Interest Rate
7.29%
Mortgage Type
Seller Take Back
Estimated Equity
$852,488
Purchase Details
Listed on
Aug 2, 2011
Closed on
Sep 12, 2012
Sold by
The O Hazza Delaware Property Trust Date
Bought by
Meddick Andrew D and Mcglone Thomas E
Seller's Agent
NELIA DOLAN
JOE MAGGIO REALTY
Buyer's Agent
NELIA DOLAN
JOE MAGGIO REALTY
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
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 |
|---|---|---|---|
| Costa Daniel W | -- | None Listed On Document | |
| Meddick Andrew D | $550,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Costa Daniel W | $2,205,705 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Sold | $2,595,000 | -1.1% | $1,123 / Sq Ft |
| 09/22/2023 09/22/23 | Price Changed | $2,625,000 | -4.5% | $1,136 / Sq Ft |
| 07/25/2023 07/25/23 | For Sale | $2,750,000 | +400.0% | $1,190 / Sq Ft |
| 09/12/2012 09/12/12 | Sold | $550,000 | 0.0% | -- |
| 09/12/2012 09/12/12 | Pending | -- | -- | -- |
| 08/02/2011 08/02/11 | For Sale | $550,000 | -- | -- |
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 | $2,848 | $16,450 | $6,250 | $10,200 |
| 2024 | $1,575 | $16,450 | $6,250 | $10,200 |
| 2023 | $1,573 | $16,450 | $6,250 | $10,200 |
| 2022 | $1,519 | $16,450 | $6,250 | $10,200 |
| 2021 | $1,505 | $16,450 | $6,250 | $10,200 |
| 2020 | $1,500 | $16,450 | $6,250 | $10,200 |
| 2019 | $1,502 | $16,450 | $6,250 | $10,200 |
| 2018 | $722 | $16,450 | $0 | $0 |
| 2017 | $692 | $16,450 | $0 | $0 |
| 2016 | $657 | $16,450 | $0 | $0 |
| 2015 | $563 | $16,450 | $0 | $0 |
| 2014 | $559 | $14,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Lingo
-
Merritt Cooch
Seller Co-Listing Agent in 2024
Merritt Cooch
Jack Lingo - Lewes
(302) 562-7954
18 in this area
89 Total Sales
-
Joseph Sterner
Buyer's Agent in 2024
Joseph Sterner
McWilliams/Ballard, Inc.
(717) 991-5470
22 in this area
121 Total Sales
-
N
Seller's Agent in 2012
NELIA DOLAN
JOE MAGGIO REALTY
Map
Source: Bright MLS
MLS Number: DESU2044658
APN: 334-14.17-272.00
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