NOT LISTED FOR SALE

37428 4th St Rehoboth Beach, DE 19971

Estimated Value: $534,082 - $1,790,000

4 Beds
6 Baths
2,900 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,700,000 $586 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,491/month

Highlights

  • New Construction
  • Heated In Ground Pool
  • Eat-In Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Bay View
  • Open Floorplan

About This Home

As of June 2024

This modern coastal home features a reverse living layout, strategically designed to make the most of the stunning marshland and bay views. The breathtaking water views allow you to enjoy the serene beauty from nearly every corner. When you’re not sipping your morning coffee on the top floor deck or lounging in the living room, you can take a dip in your private saltwater pool or unwind with a cocktail on the first floor screened-in porch. The fenced in yard includes a generous storage room, plus a conditioned exercise or office space. There is 500 SF of paved pool decking plus an outside shower, adding convenience and functionality to the home's layout. With three levels, an elevator is a must to provide access to each floor. The second floor boasts three spacious bedrooms, two full bathrooms, generous laundry room, and a large guest living area, providing ample space for relaxation and privacy. The top floor is where all the action happens! A chef-inspired kitchen features top-of-the-line Bertazzoni built-in appliances, and a
11' island. The open concept space includes spacious dining and living areas, along with a built-in-bar, all of which is ideal for hosting gatherings with friends. The interior finishes are nothing short of exquisite, as one would expect from the builder Wonderful Homes. Prepare to be dazzled by the white oak, engineered hardwood floors, quartz countertops with full height matching backsplash, stunning floor to ceiling showers, and top of the line shower doors. With walk-in closets, ample storage solutions, and expansive views that stretch for miles, this home offers quality construction and a beautiful design that must be seen to be fully appreciated. We look forward to your visit!

Last Agent to Sell the Property

Laurie Ferris

Iron Valley Real Estate at The Beach Listed on: 05/23/2024

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Laurie Ferris

Iron Valley Real Estate at The Beach Listed on: 05/23/2024

Iron Valley Real Estate at The Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • Driveway

Property Views

  • Bay
  • Panoramic

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Skylights
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-56.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,285

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Inclusions: Range, Dishwasher. Refrigerator, Microwave. Washer, Dryer, 3 beverage refrigerators
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main
  • Expected On Market: 2024-05-23
  • Federal Flood Zone: No
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: This modern coastal home features a reverse living layout, strategically designed to make the most of the stunning marshland and bay views. The breathtaking water views allow you to enjoy the serene beauty from nearly every corner. When you’re not sipping your morning coffee on the top floor deck or lounging in the living room, you can take a dip in your private saltwater pool or unwind with a cocktail on the first floor screened-in porch. The fenced in yard includes a generous storage room, plus a conditioned exercise or office space. There is 500 SF of paved pool decking plus an outside shower, adding convenience and functionality to the home's layout. With three levels, an elevator is a must to provide access to each floor. The second floor boasts three spacious bedrooms, two full bathrooms, generous laundry room, and a large guest living area, providing ample space for relaxation and privacy. The top floor is where all the action happens! A chef-inspired kitchen features top-of-the-line Bertazzoni built-in appliances, and a 11' island. The open concept space includes spacious dining and living areas, along with a built-in-bar, all of which is ideal for hosting gatherings with friends. The interior finishes are nothing short of exquisite, as one would expect from the builder Wonderful Homes. Prepare to be dazzled by the white oak, engineered hardwood floors, quartz countertops with full height matching backsplash, stunning floor to ceiling showers, and top of the line shower doors. With walk-in closets, ample storage solutions, and expansive views that stretch for miles, this home offers quality construction and a beautiful design that must be seen to be fully appreciated. We look forward to your visit!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Built-Ins, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Skylight(s), Stall Shower, Walk-In Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room List: Bathroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 586.21
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 37428

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Lower Level 1 Bedroom: 3
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 4
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 2
  • Lower Level Half Bathrooms: 1
  • Lower Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Extensive Hardscape, Gutter System, Outside Shower, Secure Storage
  • Pool Features: Heated, In Ground, Saltwater
  • Roof: Architectural Shingle
  • View: Bay, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.16-56.01
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 1, 2024
Sold by
Nassar Melissa
Bought by
Robert E Cramer Revocable Trust and Cramer
Seller's Agent
Laurie Ferris
Iron Valley Real Estate at The Beach
Buyer's Agent
Laurie Ferris
Iron Valley Real Estate at The Beach
List Price
$1,700,000
Sold Price
$1,700,000
Views
11
Current Estimated Value
$1,516,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,991
Avg. Annual Appreciation
-9.80%

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 15, 2020
Sold by
Applebaum David A and Applebaum Carla N
Bought by
Nassar Melissa
Seller's Agent
Bill Ferreri
BAY COAST REALTY
Buyer's Agent
Laurie Ferris
Iron Valley Real Estate at The Beach
List Price
$310,000
Sold Price
$265,000
Premium/Discount to List
-$45,000
-14.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.51%

Purchase Details

Closed on
Nov 8, 2000
Bought by
Applebaum David A Carla N
Source: Public Records

Range of Values:

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Average Value
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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
Robert E Cramer Revocable Trust $1,700,000 None Listed On Document
Nassar Melissa $265,000 None Available
Applebaum David A Carla N $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,700,000 0.0% $586 / Sq Ft
05/23/2024 05/23/24 For Sale $1,700,000 +541.5% $586 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
09/16/2020 09/16/20 Sold $265,000 -14.5% --
08/19/2020 08/19/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $310,000 -- --
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 $2,285 $10,550 $2,500 $8,050
2023 $524 $10,550 $2,500 $8,050
2022 $506 $10,550 $2,500 $8,050
2021 $502 $10,550 $2,500 $8,050
2020 $500 $10,550 $2,500 $8,050
2019 $496 $10,550 $2,500 $8,050
2018 $463 $10,550 $0 $0
2017 $444 $10,550 $0 $0
2016 $421 $10,550 $0 $0
2015 $403 $10,550 $0 $0
2014 $400 $10,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2061592

Bright MLS

APN: 334-19.16-56.01