NOT LISTED FOR SALE

326 Laurel St Rehoboth Beach, DE 19971

Estimated Value: $1,480,000 - $1,561,000

3 Beds
2 Baths
1,680 Sq Ft
$907/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $1,475,000 $878 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,114/month

130 Days on Market

Highlights

  • Water Oriented
  • Open Floorplan
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Attic

About This Home

As of October 2024

Quintessential Rehoboth Beach Cottage is located 4 blocks to the ocean and has been recently updated and ready for summer enjoyment! This home conveys fully furnished and offers 1,680 square feet of living space, an oversized garage, long driveway, and back patio. Enter into the large sunroom with lots of light and windows and two sets of French doors lead into great room, kitchen, and dining room. Kitchen features white cabinets, quartz counters, and tile backsplash. The dining area has wainscoting and opens to family room. Owners' suite has a ensuite bathroom with tile shower. The two additional bedrooms share a hallway bathroom with tile shower. Back door leads out to the private landscaped back patio, outdoor shower, and door to garage. Pull down stairs in hallway with access to attic with plenty or storage. Great rental property. Must honor summer short term rentals. Take the video tour!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 04/25/2024

Monument Sotheby's International Realty

Last Buyer's Agent

Elizabeth Barnhart

(302) 236-3696 liz.barnhart@oasir.net Monument Sotheby's International Realty License #RS-0022510

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1985 | Remodeled in 2024

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Landscaped

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Coastal Architecture
  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 4
  • Assessor Parcel Number 334-14.17-275.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1985 | Remodeled in 2024

Lot Details

0

HOA Fees

$2 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: A few staging items (fake tv in family room)
  • Inclusions: Fully Furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wainscotting, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Sun/Florida Room, Great Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1910
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 889.88
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Unfinished Sq Ft: 230
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • School Tax: 856.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1282.00
  • Assessor Parcel Number: 334-14.17-275.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Oct 29, 2024
Sold by
326 Laurel Llc
Bought by
Baker Kevin Scott and Baker Leslie Gromis
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,475,000
Premium/Discount to List
-$20,000
-1.34%
Views
208
Current Estimated Value
$1,523,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,818
Avg. Annual Appreciation
2.66%
Original Mortgage
$750,000
Outstanding Balance
$740,818
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$783,000

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 17, 2021
Sold by
Healy Robert J and Schell Kathleen M
Bought by
326 Laurel Llc
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$935,000
Sold Price
$998,000
Premium/Discount to List
$63,000
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%
Original Mortgage
$750,000
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 29, 2021
Closed on
Oct 25, 2021
Sold by
Mary E Haggerty Ret
Bought by
Healy Robert J and Schell Kathleen M
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$935,000
Sold Price
$998,000
Premium/Discount to List
$63,000
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 1, 1995
Bought by
Haggerty Walter E (Trustee) & Mary E Hag
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
Baker Kevin Scott $1,475,000 None Listed On Document
Baker Kevin Scott $1,475,000 None Listed On Document
326 Laurel Llc $12,733 None Available
Healy Robert J $935,000 None Available
Haggerty Walter E (Trustee) & Mary E Hag $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Kevin Scott $750,000
Closed Baker Kevin Scott $750,000
Previous Owner 326 Laurel Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $1,475,000 -1.3% $878 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $1,495,000 0.0% $890 / Sq Ft
09/01/2024 09/01/24 Off Market $1,495,000 -- --
04/25/2024 04/25/24 For Sale $1,495,000 +49.8% $890 / Sq Ft
10/29/2021 10/29/21 Sold $998,000 +6.7% $907 / Sq Ft View Prior Sale
10/29/2021 10/29/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $935,000 -- $850 / 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 $2,388 $19,100 $6,250 $12,850
2024 $941 $19,100 $6,250 $12,850
2023 $941 $19,100 $6,250 $12,850
2022 $908 $19,100 $6,250 $12,850
2021 $899 $19,100 $6,250 $12,850
2020 $897 $19,100 $6,250 $12,850
2019 $898 $19,100 $6,250 $12,850
2018 $839 $19,100 $0 $0
2017 $803 $19,100 $0 $0
2016 $456 $19,100 $0 $0
2015 $438 $19,100 $0 $0
2014 $430 $19,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2061054

Bright MLS

APN: 334-14.17-275.00