NOT LISTED FOR SALE

36981 Grindstone Ln Unit 15 Rehoboth Beach, DE 19971

Estimated Value: $495,985 - $764,000

3 Beds
3.5 Baths
1,980 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $560,000 $283 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,089/month

4 Days on Market

Highlights

  • 12.17 Acre Lot
  • Contemporary Architecture
  • Community Pool
  • Rehoboth Elementary School Rated A
  • Furnished
  • 1 Car Attached Garage

About This Home

As of February 2022

Rehoboth Crossing end unit townhome being sold furnished. This former model three-story townhome includes an entry level bedroom with en suite bathroom and walk out patio. The second level features a spacious living room open to a completely updated kitchen with new refrigerator and dishwasher and half bathroom. The second level also features a screened in porch with custom shades for extra privacy. The third level has two master bedrooms both equipped with en suites bathrooms, and the larger master has a walk out porch. Other features include upgraded engineered tile in the entry way, hardwood floors and plush carpet. This unit is close to the community center and outdoor pool. The desirable neighborhood is east of Route 1 and adjacent to the Junction and Breakwater Trail which connects downtown Lewes and Rehoboth Beach.

Last Listed By

Samuel Duklewski

Long & Foster Real Estate, Inc. License #RS-0024216 Listed on: 12/29/2021

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,408

Year Built

  • Built in 2011

Lot Details

  • 12

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Gas Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-350.00-15

Community Details

Overview

  • Rehoboth Crossing Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,408

Year Built

Built in 2011

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-12-30
  • Federal Flood Zone: No
  • Year Built: 2011
  • Automatically Close On Close Date: No
  • Remarks Public: Rehoboth Crossing end unit townhome being sold furnished. This former model three-story townhome includes an entry level bedroom with en suite bathroom and walk out patio. The second level features a spacious living room open to a completely updated kitchen with new refrigerator and dishwasher and half bathroom. The second level also features a screened in porch with custom shades for extra privacy. The third level has two master bedrooms both equipped with en suites bathrooms, and the larger master has a walk out porch. Other features include upgraded engineered tile in the entry way, hardwood floors and plush carpet. This unit is close to the community center and outdoor pool. The desirable neighborhood is east of Route 1 and adjacent to the Junction and Breakwater Trail which connects downtown Lewes and Rehoboth Beach.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 265.15
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36981

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

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
  • Utilities: Cable Tv, Propane, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: RC
  • Lot Size Acres: 12.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 530125.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 7226995
  • School Tax: 1275.00
  • Tax Annual Amount: 1408.00
  • Assessor Parcel Number: 334-13.00-350.00-15
  • Tax Total Finished Sq Ft: 668
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/07/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 7, 2022
Sold by
Larocque Joseph
Bought by
Barry Shane
Seller's Agent
Samuel Duklewski
Long & Foster Real Estate, Inc.
Buyer's Agent
Vince DiPietro
Northrop Realty
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%
Total Days on Market
4
Current Estimated Value
$675,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,996
Avg. Annual Appreciation
3.95%
Original Mortgage
$420,000
Outstanding Balance
$399,322
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$236,498

Purchase Details

Closed on
Sep 5, 2013
Sold by
Rehoboth Crossing Inc
Bought by
Trotta Frank M

Purchase Details

Closed on
Aug 28, 2013
Sold by
Rehoboth Crossing Inc
Bought by
Trotta Frank M

Range of Values:

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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
Barry Shane $560,000 None Listed On Document
Trotta Frank M $360,000 --
Trotta Frank M $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Shane $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $560,000 +6.7% $283 / Sq Ft
12/29/2021 12/29/21 For Sale $525,000 +31.3% $265 / Sq Ft
01/30/2020 01/30/20 Sold $400,000 -3.6% $202 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
11/18/2019 11/18/19 Price Changed $415,000 -1.6% $210 / Sq Ft
07/01/2019 07/01/19 Price Changed $421,900 -1.9% $213 / Sq Ft
04/15/2019 04/15/19 For Sale $429,900 -- $217 / 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 $1,474 $29,300 $0 $29,300
2023 $1,472 $29,300 $0 $29,300
2022 $1,421 $29,300 $0 $29,300
2021 $1,408 $29,300 $0 $29,300
2020 $1,404 $29,300 $0 $29,300
2019 $1,406 $29,300 $0 $29,300
2018 $1,313 $29,900 $0 $0
2017 $1,257 $29,900 $0 $0
2016 $1,196 $29,950 $0 $0
2015 $1,145 $30,000 $0 $0
2014 $27 $30,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2011702

Bright MLS

APN: 334-13.00-350.00-15