NOT LISTED FOR SALE

38 Newbold Square Unit 38 Rehoboth Beach, DE 19971

Estimated Value: $677,000 - $1,068,000

3 Beds
2 Baths
-- Sq Ft
1969 Built

Last Sold May 15, 2015

Last sale price $599,900

Est. 48% increase in value since last sale

Current estimated payment $4,991/month

2 Days on Market

Highlights

  • Pier or Dock
  • In Ground Pool
  • Waterfront
  • Rehoboth Elementary School Rated A
  • Lake View
  • Deck

About This Home

As of May 2015

Rare opportunity to be waterfront in walking distance to the boardwalk & beach. Serene setting in natural wooded landscape. Take Turtle Bridge into the heart of downtown Rehoboth Beach. Beautiful, high end furnishings included. Perfect turnkey low-maintenance vacation rental investment property!

Last Agent to Sell the Property

Andy Meddick

Keller Williams Realty Listed on: 04/10/2015

Keller Williams Realty

Last Buyer's Agent

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Zero Lot Line

Parking

  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Accessible Home Design

  • Grab Bars

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near a pond
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-356.00-38

Community Details

Overview

  • Property has a Home Owners Association
  • Newbold Square Subdivision

Recreation

  • Pier or Dock
  • Community Pool

Building Details

  • Trash Expense $255

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,470

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Grab Bars Mod
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1969
  • Remarks Public: Rare opportunity to be waterfront in walking distance to the boardwalk & beach. Serene setting in natural wooded landscape. Take Turtle Bridge into the heart of downtown Rehoboth Beach. Beautiful, high end furnishings included. Perfect turnkey low-maintenance vacation rental investment property!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Freezer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Masonry, Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Wood Burn Stove, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 244.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3512.00
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking, Pier/Dock, Swimming Pool
  • HOA: No
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Zero Lot Line
  • Outdoor Living Structures: Deck(s)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202679
  • Tax Annual Amount: 1470.00
  • Assessor Parcel Number: 334-20.05-356.00-38
  • County Tax Payment Frequency: Annually
  • Close Date: 05/15/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2018
Sold by
Joseph F Ciminelli Ret
Bought by
Bathon Joan
Current Estimated Value
$886,449

Purchase Details

Closed on
Jan 26, 2017
Sold by
Ciminelli Joseph F and Ciminelli Mary Bee
Bought by
The Joseph F Ciminelli Revocable Trust D

Purchase Details

Listed on
Apr 10, 2015
Closed on
May 12, 2015
Sold by
Pamela A Pamela A and Ewell Pamela A
Bought by
Cimnelli Joseph F and Ciminelli Mary Bee
Seller's Agent
Andy Meddick
Keller Williams Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$599,900
Sold Price
$599,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$350,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

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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
Bathon Joan $649,900 --
The Joseph F Ciminelli Revocable Trust D -- None Available
Cimnelli Joseph F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bathon Joan $390,000
Previous Owner Ciminelli Joseph C $350,000
Previous Owner Brockelman Pamela A $379,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $599,900 0.0% --
04/12/2015 04/12/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $599,900 -- --
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 $863 $15,600 $0 $15,600
2023 $862 $15,600 $0 $15,600
2022 $832 $15,600 $0 $15,600
2021 $824 $15,600 $0 $15,600
2020 $822 $15,600 $0 $15,600
2019 $823 $15,600 $0 $15,600
2018 $769 $17,500 $0 $0
2017 $736 $17,500 $0 $0
2016 $699 $17,500 $0 $0
2015 $668 $17,500 $0 $0
2014 $663 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Andy Meddick

    Keller Williams Realty

    (302) 381-6182

    5 in this area

    5 Total Sales

    Andy Meddick
    Section Image
  • Kim Hamer

    Buyer's Agent in 2015

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    101 in this area

    296 Total Sales

    Kim Hamer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001004890

Bright MLS

APN: 334-20.05-356.00-38

Delaware Sussex County Rehoboth Beach 19971

38 Newbold Square Unit 38, Rehoboth Beach, DE

This home is located at 38 Newbold Square Unit 38, Rehoboth Beach, DE 19971 since 10 April 2015 and is currently estimated at $886,449. This property was built in 1969. 38 Newbold Square Unit 38 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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