36266 Farm Ln Unit 62 Rehoboth Beach, DE 19971
Estimated Value: $757,000 - $1,158,000
4
Beds
2.5
Baths
3,000
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Bar or Lounge
- Senior Living
- Open Floorplan
- Fitness Center
- Gourmet Kitchen
- Transitional Architecture
About This Home
As of July 2023Welcome to your dream home in the heart of a charming and friendly 55+ community (Not Required Currently) – Truitt Homestead by Schell Brothers, just 5 minutes or less from everything downtown Rehoboth Beach has to offer! The stunning and nearly-new Iris Model boasts an open floor plan, perfect for entertaining and family gatherings.
The fabulous kitchen is a chef's dream, featuring top-of-the-line appliances, beautiful granite countertops, and ample cabinet space. Enjoy the gorgeous views from your 3-season room, where you can relax and soak up the sun year-round.
This luxurious home boasts 4 spacious bedrooms, each with their own unique charm, and 2.5 bathrooms, including a spa-like master suite that will make you feel like you're on vacation every day.
Need to work from home or have a creative space to pursue your hobbies? This home features a home office and a craft room, so you can easily balance work and play.
Luxury abounds throughout this stunning home, from the gleaming hardwood floors to the custom millwork and trim. You'll love the convenience and accessibility of this prime location, just minutes from shopping, dining, and entertainment.
Step outside to your private brick courtyard, perfect for hosting barbecues and gatherings with family and friends. Your 2-car garage provides ample storage space for your vehicles and outdoor equipment.
Don't miss your opportunity to own this beautiful home in a sought-after community. Schedule your visit today and start living your best life in Rehoboth Beach!
Seller has membership to the amenities in The Lodge which include indoor pool, movie theater, game room, pub, restaurant, meeting room, salon and Beebe medical center. Even though this is a 55+ community, 20% of the homes can be occupied by under 55. There is still room within this threshold for people under 55.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,438
Year Built
- Built in 2018
Lot Details
- Landscaped
- Extensive Hardscape
- Corner Lot
- Sprinkler System
- Backs to Trees or Woods
- Back and Side Yard
- Land Lease expires in 94 years
- Ground Rent expires in 94 years
- Property is in very good condition
- Property is zoned MR
HOA Fees
- $415 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Driveway Spaces
- Garage Door Opener
Home Design
- Transitional Architecture
- Cottage
- Slab Foundation
- Blown-In Insulation
- Vinyl Siding
Interior Spaces
- 3,000 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Central Vacuum
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Carpet
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Balcony
- Exterior Lighting
- Brick Porch or Patio
Utilities
- Air Source Heat Pump
- Back Up Gas Heat Pump System
- Vented Exhaust Fan
- Community Propane
- Tankless Water Heater
- Propane Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 334-19.00-3.00-62
Community Details
Overview
- Senior Living
- $3,000 Capital Contribution Fee
- Association fees include cable TV, high speed internet, lawn maintenance, management, reserve funds, road maintenance, snow removal, trash, common area maintenance
- $1,800 Other One-Time Fees
- Senior Community | Residents must be 55 or older
- Built by Schell Brothers
- Truitt Homestead Subdivision, Iris Floorplan
- Property Manager
Amenities
- Beauty Salon
- Game Room
- Community Center
- Meeting Room
- Party Room
- Bar or Lounge
Recreation
- Fitness Center
- Community Indoor Pool
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2023
Sold by
Robert E Gallamore Revocable Trust
Bought by
Gallamore Robert E
Total Days on Market
24
Current Estimated Value
Purchase Details
Listed on
Jun 1, 2023
Closed on
Jul 21, 2023
Sold by
Berg Hannelore H
Bought by
Robert E Gallamore Revocable Trust and Gallamore
Seller's Agent
Daniel Lusk
McWilliams/Ballard, Inc.
Buyer's Agent
Daniel Lusk
McWilliams/Ballard, Inc.
List Price
$949,900
Sold Price
$949,900
Views
110
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Create a Home Valuation Report for This Property
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Similar Homes in Rehoboth Beach, DE
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gallamore Robert E | -- | None Listed On Document | |
| Robert E Gallamore Revocable Trust | $949,900 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $949,900 | 0.0% | $317 / Sq Ft |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $949,900 | -- | $317 / 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 |
|---|---|---|---|---|
| 2024 | $996 | $0 | $0 | $0 |
| 2023 | $1,490 | $0 | $0 | $0 |
| 2022 | $1,438 | $0 | $0 | $0 |
| 2021 | $1,432 | $0 | $0 | $0 |
| 2020 | $1,444 | $0 | $0 | $0 |
| 2019 | $1,497 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Lusk
Seller's Agent in 2023
Daniel Lusk
McWilliams/Ballard, Inc.
(202) 412-8885
180 in this area
259 Total Sales
-
Michael McCormick
Seller Co-Listing Agent in 2023
Michael McCormick
McWilliams/Ballard, Inc.
(202) 412-8884
46 in this area
80 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2042114
APN: 334-19.00-3.00-62
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