NOT LISTED FOR SALE

36238 Farm Ln Rehoboth Beach, DE 19971

Estimated Value: $648,000 - $1,527,000

2 Beds
2 Baths
1,822 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $575,000 $316 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,899/month

56 Days on Market

Highlights

  • Fitness Center
  • Senior Living
  • Wood Flooring
  • Newly Remodeled
  • Rambler Architecture
  • Community Indoor Pool

About This Home

As of May 2018

ORCHID MODEL LEASEBACK OPPORTUNITY at Truitt Homestead! 2 Beds / 2 Baths / Study / Loft / Screen Porch / Courtyard / Luxury Owners Suite with tiled shower and walk in closet / Professional Kitchen w/ Quartz Counters & Cafe' SS appliances / Stone Fireplace in Great Room / Storage / Hardwood Floors / 2 car Garage / Tray Ceilings / Trim throughout home. Fully Furnished by Echelon Interiors! Leaseback term is 1 year, leaseback amount is $2,300/month with 4 quarterly extensions at seller's discretion. Buyer pays community fees of $400/month; seller pays all utilities.

Last Listed By

Andy Staton

Monument Sotheby's International Realty License #RS-0016036 Listed on: 02/13/2018

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Sprinkler System
  • Cleared Lot
  • Ground Rent of $1,500 per year expires in 99 years
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,822 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Living
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Dehumidifier
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-3.00.55

Community Details

Overview

  • Senior Living
  • Senior Community | Residents must be 55 or older
  • Truitt Homestead Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Leasehold
  • Historic: No
  • Inclusions: Furnished
  • New Construction: Yes
  • Year Built: 2017
  • Remarks Public: ORCHID MODEL LEASEBACK OPPORTUNITY at Truitt Homestead! 2 Beds / 2 Baths / Study / Loft / Screen Porch / Courtyard / Luxury Owners Suite with tiled shower and walk in closet / Professional Kitchen w/ Quartz Counters & Cafe' SS appliances / Stone Fireplace in Great Room / Storage / Hardwood Floors / 2 car Garage / Tray Ceilings / Trim throughout home. Fully Furnished by Echelon Interiors! Leaseback term is 1 year, leaseback amount is $2,300/month with 4 quarterly extensions at seller's discretion. Buyer pays community fees of $400/month; seller pays all utilities.
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer/Dryer Hookups Only, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Pantry
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Level Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1822
  • Living Area Sq Ft: 1822
  • Net Sq Ft: 1822.00
  • Price Per Sq Ft: 315.59
  • Above Grade Finished Sq Ft: 1822
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36238

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Shake Siding, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Sidewalks
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Dehumidifier, Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Retirement Community, Cable, Community Center, Fitness Center, Party Room, Jog/Walk Path, Swimming Pool
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: Yes
  • Community Pool Features: Indoor

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Ground Rent Amt: 1500.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12484512
  • Assessor Parcel Number: 334-19.00-3.00.55
  • County Tax Payment Frequency: Annually
  • Close Date: 05/21/2018

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Main Michael E $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $575,000 0.0% $316 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $575,000 -- $316 / 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
2024 $1,363 $0 $0 $0
2023 $1,362 $0 $0 $0
2022 $1,314 $0 $0 $0
2021 $1,309 $0 $0 $0
2020 $1,322 $0 $0 $0
2019 $1,375 $0 $0 $0
2018 $1,181 $26,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Staton

    Seller's Agent in 2018

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    82 in this area

    252 Total Sales

    Andy Staton
    Section Image
  • CHESTER CARBAUGH

    Seller Co-Listing Agent in 2018

    CHESTER CARBAUGH

    BHHS PenFed (actual)

    (302) 858-1444

    5 in this area

    12 Total Sales

    CHESTER CARBAUGH
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001585288

Bright MLS

APN: 334190000030055

Delaware Sussex County Rehoboth Beach 19971

36238 Farm Ln, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 36238 Farm Ln, Rehoboth Beach, DE 19971 since 13 February 2018 and is currently estimated at $993,793, approximately $545 per square foot. This property was built in 2017. 36238 Farm Ln is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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