NOT LISTED FOR SALE

36366 Shady Dr Rehoboth Beach, DE 19971

Estimated Value: $485,000 - $722,000

3 Beds
2 Baths
1,340 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $505,000 $377 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • 0.52 Acre Lot
  • Coastal Architecture
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Deck
  • Attic

About This Home

As of August 2021

Tucked away on a Cul de Sac East of Rt. 1. You can get to the beach without going out on Rt. 1. This three bedroom, two bath Coastal, Contemporary home is situated on just over a half acre private lot with no HOA rules. Close to outlets, beach, grocery stores and whatever your heart desires. The home is inviting with areas for entertaining including a wrap around porch with an outdoor kitchen area, an open concept great room with fireplace, and kitchen with granite. Upstairs bedrooms are connected with a Jack n Jill Bathroom. An upstairs Bonus room (16' X 17') is drywalled and just needs trim work, flooring and a split hvac unit to complete it. The large back yard surrounded with trees creates a quiet oasis. This unit has a great vacation rental record with Airbnb and Vrbo being booked 101 nights so far in 2021 and 126 nights in 2020. Financials available upon request. Move photos to be posted by MLS Active Status date.

Last Agent to Sell the Property

Brenda Hudson

(302) 841-0499 Realtorbrenda@gmail.com Coldwell Banker Premier - Rehoboth License #RA-0031035 Listed on: 07/29/2021

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Melinda Ingram

(302) 462-6581 mibeachrealtor@yahoo.com Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 2003

Lot Details

  • 0.52 Acre Lot
  • Cul-De-Sac
  • Property is zoned GR

Parking

  • 1 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Carpet
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shady Grove Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 334-13.00-123.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-30
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: Yes
  • Remarks Public: Tucked away on a Cul de Sac East of Rt. 1. You can get to the beach without going out on Rt. 1. This three bedroom, two bath Coastal, Contemporary home is situated on just over a half acre private lot with no HOA rules. Close to outlets, beach, grocery stores and whatever your heart desires. The home is inviting with areas for entertaining including a wrap around porch with an outdoor kitchen area, an open concept great room with fireplace, and kitchen with granite. Upstairs bedrooms are connected with a Jack n Jill Bathroom. An upstairs Bonus room (16' X 17') is drywalled and just needs trim work, flooring and a split hvac unit to complete it. The large back yard surrounded with trees creates a quiet oasis. This unit has a great vacation rental record with Airbnb and Vrbo being booked 101 nights so far in 2021 and 126 nights in 2020. Financials available upon request. Move photos to be posted by MLS Active Status date.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Window Treatments, Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1612
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 335.75
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Unfinished Sq Ft: 272
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36366

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22671.25
  • Outdoor Living Structures: Deck(s), Porch(es), Wrap Around
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5191094
  • School Tax: 748.00
  • Tax Annual Amount: 826.00
  • Assessor Parcel Number: 334-13.00-123.01
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 840
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/31/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 31, 2021
Sold by
Cram David G and Smith Robert T
Bought by
Kupchyk Areta L
Seller's Agent
Brenda Hudson
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$449,900
Sold Price
$505,000
Premium/Discount to List
$55,100
12.25%
Current Estimated Value
$617,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,048
Avg. Annual Appreciation
5.01%
Original Mortgage
$404,000
Outstanding Balance
$367,061
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$249,987

Purchase Details

Closed on
Aug 12, 2002
Bought by
Cram David G Robert T Smith
Source: Public Records

Range of Values:

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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
Kupchyk Areta L $505,000 None Available
Cram David G Robert T Smith $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kupchyk Areta L $404,000
Previous Owner Cram David G Robert T Smith $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $505,000 +12.2% $377 / Sq Ft
07/29/2021 07/29/21 For Sale $449,900 -- $336 / 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
2025 $881 $17,600 $1,500 $16,100
2024 $867 $17,600 $1,500 $16,100
2023 $867 $17,600 $1,500 $16,100
2022 $837 $17,600 $1,500 $16,100
2021 $829 $17,600 $1,500 $16,100
2020 $826 $17,600 $1,500 $16,100
2019 $828 $17,600 $1,500 $16,100
2018 $773 $17,600 $0 $0
2017 $740 $17,600 $0 $0
2016 $703 $17,600 $0 $0
2015 $672 $17,600 $0 $0
2014 $667 $17,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2002990

Bright MLS

APN: 334-13.00-123.01