Seller's Agent in 2022
PAT CAMPBELL-WHITE
OCEAN ATLANTIC SOTHEBYS
(302) 542-1488
13 in this area
38 Total Sales
36 Newbold Square Unit 36 Rehoboth Beach, DE 19971
Estimated Value: $540,000 - $1,020,000
3
Beds
2
Baths
1,069
Sq Ft
$835/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Panoramic View
- Open Floorplan
- Rehoboth Elementary School Rated A
- 2.37 Acre Lot
- Lake Privileges
About This Home
As of September 2022Highly desired community on Silver Lake just 3 short blocks to the sun, surf and sand of the Atlantic Ocean --this is Newbold Square! Quietly tucked away on a dead end street (Scarborough Avenue Extended) adjacent to new Rehoboth Beach Elementary School that contains a basketball court, 4 pickleball courts and 2 tennis courts. This private 40 complex boasts a comfortable in-ground, seasonal pool. Main living area is located on the second floor with comfortable lakefront deck off spacious living/kitchen-dining areas overlooking Silver Lake offering a wood-burning fireplace. Primary bedroom and bath/with washer-dryer also located on this second level. Top floor overlooks vaulted living room with a sleeping loft, two bedrooms and full bath. Silver Lake famous for its Turtle Bridge: quite a wildlife sanctuary overlooking a city park. Cross over Turtle Bridge, enjoy the park and take Stockley Street right to the Boardwalk. Easy walking access to everything Rehoboth Beach has to offer. Unit is in prime condition with the most spacious kitchen in the community.
Last Agent to Sell the Property
(302) 542-1488 pat@beachteam.com Monument Sotheby's International Realty License #RA0001517 Listed on: 07/17/2022
Co-Listed By
(302) 542-5534 carla@beachteam.com Monument Sotheby's International Realty License #RA-0003577
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,037
Year Built
- Built in 1968
Lot Details
- 100 Feet of Waterfront
- Home fronts navigable water
- West Facing Home
- Property is Fully Fenced
- Landscaped
- Planted Vegetation
- No Through Street
- Irregular Lot
- Wooded Lot
- Property is in excellent condition
HOA Fees
- $426 Monthly HOA Fees
Property Views
- Lake
- Panoramic
- City
- Scenic Vista
- Woods
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Block Foundation
- Slab Foundation
- Block Wall
- Shingle Roof
- Vinyl Siding
- Synthetic Stucco Exterior
Interior Spaces
- 1,069 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Partially Furnished
- Wood Ceilings
- Cathedral Ceiling
- Recessed Lighting
- Wood Burning Fireplace
- Living Room
- Loft
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry on upper level
- Electric Front Loading Dryer
- Front Loading Washer
Parking
- 1 Parking Space
- Free Parking
- Paved Parking
- 1 Assigned Parking Space
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a lake
- Bulkhead
- Waterfront Park
- Lake Privileges
Location
- Flood Risk
Schools
- Rehoboth Elementary School
- Beacon Middle School
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
- Public Septic
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-20.05-356.00-36
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s)
- Newbold Square Subdivision
- Property Manager
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2022
Closed on
Sep 8, 2022
Sold by
Rtrust Joseph E Stubbs
Bought by
Spanos Christopher William and Rubiner Laurie
Seller's Agent
PAT CAMPBELL-WHITE
Monument Sotheby's International Realty
Buyer's Agent
Jay Kramer
Coldwell Banker Realty
List Price
$849,000
Sold Price
$860,000
Premium/Discount to List
$11,000
1.3%
Views
27
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
$32,701
Avg. Annual Appreciation
1.47%
Original Mortgage
$688,000
Outstanding Balance
$655,909
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$243,564
Purchase Details
Closed on
Feb 22, 1985
Bought by
Stubbs Joseph E and Stubbs Linda T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spanos Christopher William | $860,000 | -- | |
| Stubbs Joseph E | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spanos Christopher William | $688,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $860,000 | +1.3% | $804 / Sq Ft |
| 07/17/2022 07/17/22 | For Sale | $849,000 | -- | $794 / 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 |
|---|---|---|---|---|
| 2025 | $1,741 | $15,600 | $0 | $15,600 |
| 2024 | $863 | $15,600 | $0 | $15,600 |
| 2023 | $862 | $15,600 | $0 | $15,600 |
| 2022 | $832 | $15,600 | $0 | $15,600 |
| 2021 | $824 | $15,600 | $0 | $15,600 |
| 2020 | $822 | $15,600 | $0 | $15,600 |
| 2019 | $823 | $15,600 | $0 | $15,600 |
| 2018 | $769 | $17,500 | $0 | $0 |
| 2017 | $736 | $17,500 | $0 | $0 |
| 2016 | $699 | $17,500 | $0 | $0 |
| 2015 | $668 | $17,500 | $0 | $0 |
| 2014 | $663 | $17,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
PAT CAMPBELL-WHITE
-
Carla Campbell
Seller Co-Listing Agent in 2022
Carla Campbell
OCEAN ATLANTIC SOTHEBYS
(302) 542-5534
25 in this area
62 Total Sales
-
Jay Kramer
Buyer's Agent in 2022
Jay Kramer
Coldwell Banker Realty
(410) 984-2692
8 in this area
86 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2025624
APN: 334-20.05-356.00-36
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