NOT LISTED FOR SALE

36242 Farm Ln Rehoboth Beach, DE 19971

Estimated Value: $680,320 - $794,000

3 Beds
2 Baths
2,000 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $532,345 $266 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,365/month

Highlights

  • Active Adult
  • Loft
  • 2 Car Direct Access Garage
  • Coastal Architecture
  • Community Pool
  • Level Entry For Accessibility

About This Home

As of May 2020

Orchid w/2nd Floor Loft, Screened Porch, Gas Fireplace

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 05/25/2020

Last Buyer's Agent

Daniel Lusk

(202) 412-8885 daniel@mccormickandlusk.com McWilliams/Ballard, Inc. License #RA-0020195

McWilliams/Ballard, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 10,149

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Loft

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Ground Rent expires in 99 years

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Active Adult
  • $1,500 Capital Contribution Fee
  • Association fees include all ground fee, broadband, common area maintenance, exterior building maintenance, high speed internet, lawn maintenance, management, reserve funds, road maintenance, snow removal
  • Active Adult | Residents must be 55 or older
  • Truitt Homestead Subdivision, Orchid Floorplan
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$405 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 266.17
  • Above Grade Finished Sq Ft: 2000
  • 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
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1215.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Truitt Homeowners COA
  • HOA Condo Co-Op Amenities: Cable, Common Grounds
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Broadband, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal
  • HOA: No
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Assessor Parcel Number: NO TAX RECORD

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2020 05/25/20 For Sale $532,345 0.0% $266 / Sq Ft
05/15/2020 05/15/20 Sold $532,345 -- $266 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
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 $1,183 $0 $0 $0
2024 $1,242 $0 $0 $0
2023 $1,241 $0 $0 $0
2022 $1,198 $0 $0 $0
2021 $1,175 $0 $0 $0
2020 $1,188 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Lusk

    Buyer's Agent in 2020

    Daniel Lusk

    McWilliams/Ballard, Inc.

    (202) 412-8885

    181 in this area

    239 Total Sales

    Daniel Lusk
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Map

Source: Bright MLS

MLS Number: DESU161446

Bright MLS

APN: 334-19.00-3.00-56

Delaware Sussex County Rehoboth Beach 19971

36242 Farm Ln, Rehoboth Beach, DE

Not Listed for Sale

Detached

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