NOT LISTED FOR SALE

37397 5th St Rehoboth Beach, DE 19971

Estimated Value: $633,000 - $1,023,000

3 Beds
3.5 Baths
2,209 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $505,000 $229 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,832/month

173 Days on Market

Highlights

  • New Construction
  • Coastal Architecture
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2019

Stunning new construction located in Bay Vista is just a short bike to in-town Rehoboth! The first floor of this home features a master suite with walk-in closet, eat-in kitchen, living room with fireplace, hardwood floors and beautiful crown molding. The second floor includes a light filled den, two ensuite bedrooms and balcony. Lastly, the third level will boast a spacious loft for overflow space and attic space for storage. Step outside and relax on the large front screened porch or rear deck perfect for grilling. Once you return from the beach rinse off in your outdoor shower. Bay Vista is a highly desired location and waterfront community with a marina. Seller currently offering a $5,000 credit towards an outside storage shed perfect for bikes and beach toys!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/10/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/10/2019

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Property is zoned AR1, Agricultural Residential

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,209 Sq Ft Home
  • Property has 2.5 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Loft
  • Crawl Space

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • 200+ Amp Service
  • Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-64.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$857

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 2019
  • Remarks Public: Stunning new construction located in Bay Vista is just a short bike to in-town Rehoboth! The first floor of this home features a master suite with walk-in closet, eat-in kitchen, living room with fireplace, hardwood floors and beautiful crown molding. The second floor includes a light filled den, two ensuite bedrooms and balcony. Lastly, the third level will boast a spacious loft for overflow space and attic space for storage. Step outside and relax on the large front screened porch or rear deck perfect for grilling. Once you return from the beach rinse off in your outdoor shower. Bay Vista is a highly desired location and waterfront community with a marina. Seller currently offering a $5,000 credit towards an outside storage shed perfect for bikes and beach toys!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2.5
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1, Loft, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2209
  • Living Area Sq Ft: 2209
  • Price Per Sq Ft: 248.53
  • Above Grade Finished Sq Ft: 2209
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37397

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened, Deck(s)
  • Zoning: AR1
  • Zoning Description: Agricultural Residential
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 857.00
  • Assessor Parcel Number: 334-19.16-64.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/15/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2018
Sold by
Kasper Matthew and Sugrue Eric
Bought by
Monaco Holly
Current Estimated Value
$873,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2017
Sold by
Kasper Matthew and Sugrue Eric
Bought by
Monaco Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.9%
Mortgage Type
Unknown
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
Monaco Holly $225,000 --
Monaco Holly $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossi Nicholas $404,000
Closed Monaco Holly $175,000
Closed Monaco Holly $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $505,000 -8.0% $229 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $549,000 -5.3% $249 / Sq Ft
07/08/2019 07/08/19 Price Changed $579,900 -3.3% $263 / Sq Ft
04/10/2019 04/10/19 For Sale $599,900 -- $272 / 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 $123 $2,500 $2,500 $0
2023 $123 $2,500 $2,500 $0
2022 $119 $2,500 $2,500 $0
2021 $118 $2,500 $2,500 $0
2020 $117 $2,500 $2,500 $0
2019 $118 $2,500 $2,500 $0
2018 $110 $2,500 $0 $0
2017 $105 $2,500 $0 $0
2016 $100 $2,500 $0 $0
2015 $95 $2,500 $0 $0
2014 $95 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138084

Bright MLS

APN: 334-19.16-64.01