NOT LISTED FOR SALE

36 Bay Reach Rehoboth Beach, DE 19971

Estimated Value: $1,568,000 - $1,989,000

6 Beds
3.5 Baths
3,120 Sq Ft
$561/Sq Ft Est. Value

Highlights

  • Coastal Architecture
  • Community Pool
  • Central Heating and Cooling System
  • Rehoboth Elementary School Rated A
  • 10 Car Attached Garage

About This Home

As of February 2021

see MLS# DESU160066 for more pictures list price is for 12 month lease, on season rates are approximately 17,000 per month. secluded and quiet neighborhood close to the beach. Beautiful home in gorgeous wooded lot in quiet private pine bay neighborhood with community pool just short walk /bike ride to beach , silver lake , boardwalk! No expense spared with hardy plank siding , spray foam insulated including interior walls , solid core doors and instant hot water all makes it for a very comfortable and High efficiency . 5 bedrooms plus loft with bay views , master suite with huge shower and soaking tub, beautiful pine wood floors all thru out with luxury durable underlayment . additional extra 1700sf garage for hobbyist /storage with 2 lifts to Remain or removed. Rear deck hard gas line to grill and hot water outdoor shower . Large patio wrap around oversized driveway for great outdoors entertainment. Middle boxy room with paneled walls can be removed easily where living room was originally

Last Agent to Rent the Property

Luis Couto

(410) 693-7116 luis2@silvercoasts.com Silver Coast Listed on: 11/21/2020

Last Renter's Agent

Luis Couto

(410) 693-7116 luis2@silvercoasts.com Silver Coast Listed on: 11/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 2017

Lot Details

  • Property is zoned R1

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 10 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Cement Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 2 Levels
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $11,000
  • Smoking Allowed
  • 1-Month Min and 24-Month Max Lease Term
  • Available 12/1/20
  • Assessor Parcel Number 334-20.00-88.00

Community Details

Overview

  • Pine Bay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 2017

Lot Details

0

HOA Fees

$63 per month

Parking

10

Rental Info

  • Date Available: 2020-12-01
  • Monthly Pet Rent: 100.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 11000.00
  • Smoking Allowed Yn: Yes
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 1
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2017
  • Remarks Public: see MLS# DESU160066 for more pictures list price is for 12 month lease, on season rates are approximately 17,000 per month. secluded and quiet neighborhood close to the beach. Beautiful home in gorgeous wooded lot in quiet private pine bay neighborhood with community pool just short walk /bike ride to beach , silver lake , boardwalk! No expense spared with hardy plank siding , spray foam insulated including interior walls , solid core doors and instant hot water all makes it for a very comfortable and High efficiency . 5 bedrooms plus loft with bay views , master suite with huge shower and soaking tub, beautiful pine wood floors all thru out with luxury durable underlayment . additional extra 1700sf garage for hobbyist /storage with 2 lifts to Remain or removed. Rear deck hard gas line to grill and hot water outdoor shower . Large patio wrap around oversized driveway for great outdoors entertainment. Middle boxy room with paneled walls can be removed easily where living room was originally
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 3120
  • Price Per Sq Ft: 2.15
  • Above Grade Finished Sq Ft: 3120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cement Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 10
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 750.00
  • HOA Fee Frequency: Annually
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Zoning: R1

Tax Info

  • Assessor Parcel Number: 5202316
  • Assessor Parcel Number: 334-20.00-88.00
  • Close Date: 02/09/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2017
Sold by
Kerr Brian C and Joint Grace
Bought by
Glc 2017 Llc
Current Estimated Value
$1,750,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,840
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2012
Sold by
Fauquier Timothy David
Bought by
Corradino Grace J and Kerr Brian C
Source: Public Records

Range of Values:

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Average Value
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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
Glc 2017 Llc $772,000 None Available
Corradino Grace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Glc 2017 Llc $362,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Rented $9,000 +34.3% --
01/27/2021 01/27/21 Price Changed $6,700 +13.6% $2 / Sq Ft
01/23/2021 01/23/21 Price Changed $5,900 +7.3% $2 / Sq Ft
11/21/2020 11/21/20 For Rent $5,500 -- --
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 $2,970 $7,700 $7,700 $0
2024 $2,889 $7,700 $7,700 $0
2023 $2,887 $7,700 $7,700 $0
2022 $2,797 $7,700 $7,700 $0
2021 $2,774 $7,700 $7,700 $0
2020 $2,766 $7,700 $7,700 $0
2019 $2,748 $7,700 $7,700 $0
2018 $2,290 $52,150 $0 $0
2017 $324 $7,700 $0 $0
2016 $329 $7,700 $0 $0
2015 $315 $7,700 $0 $0
2014 $313 $7,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU173624

Bright MLS

APN: 334-20.00-88.00