NOT LISTED FOR SALE

38205 Terrace Rd Rehoboth Beach, DE 19971

Estimated Value: $304,505 - $2,638,000

6 Beds
1 Bath
4,307 Sq Ft
$400/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,525,000 $354 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,496/month

12 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Loft
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • Great Room

About This Home

As of July 2018

Exquisite custom home on a quiet street near everything that Rehoboth Beach has to offer. Like no other, this 4BR, 4 bath home boasts 4307 SF of living space. A calming color palate, radiant heat tiled floors, gas fireplace, built-ins & floor to ceiling windows welcome you upon entering this distinctive property. Culinary enthusiasts will be impressed by the kitchen, granite island, 6-burner gas range & Dacor fridge- ideal for entertaining! The home offers flex space, currently being used as a game room and den that would make a perfect guest suite or 1st floor master in the future. The master BR & 3 spacious guest bedrooms are located on the 2nd level where they share another living area with a spiral staircase leading to an amazing loft area. You will always find a place to escape in this home. The exterior living spaces are just as magnificent including sprawling balconies, large screened porch, in-ground pool, outside shower, beautiful private patio & lush landscaping. Must see!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 05/11/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Russell Stucki

(302) 228-7871 russellstucki@remax.net RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 2009

Lot Details

  • 9,087 Sq Ft Lot
  • Lot Dimensions are 75 x 121
  • Property is Fully Fenced
  • Landscaped
  • Property is zoned MEDIUM RESIDENTIAL, MEDIUM RESIDENTIAL

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 4,307 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Open Floorplan
  • Loft
  • Game Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Heated Floors
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Electric Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Radiant Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Lake Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-329.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2009
  • Remarks Public: Exquisite custom home on a quiet street near everything that Rehoboth Beach has to offer. Like no other, this 4BR, 4 bath home boasts 4307 SF of living space. A calming color palate, radiant heat tiled floors, gas fireplace, built-ins & floor to ceiling windows welcome you upon entering this distinctive property. Culinary enthusiasts will be impressed by the kitchen, granite island, 6-burner gas range & Dacor fridge- ideal for entertaining! The home offers flex space, currently being used as a game room and den that would make a perfect guest suite or 1st floor master in the future. The master BR & 3 spacious guest bedrooms are located on the 2nd level where they share another living area with a spiral staircase leading to an amazing loft area. You will always find a place to escape in this home. The exterior living spaces are just as magnificent including sprawling balconies, large screened porch, in-ground pool, outside shower, beautiful private patio & lush landscaping. Must see!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove, Washer/Dryer Stacked, Water Heater - Tankless
  • Flooring Type: Carpet, Heated, Tile/Brick
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Combination Kitchen/Living, Ceiling Fan(s), Skylight(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Slab
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 11
  • Room List: Primary Bedroom, Kitchen, Game Room, Great Room, Laundry, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4307
  • Living Area Sq Ft: 4307
  • Net Sq Ft: 4307.00
  • Price Per Sq Ft: 359.88
  • Above Grade Finished Sq Ft: 4307
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38205

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Hardiplank Type
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Paved Driveway, Under Home Parking
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Gas, Propane, Zoned, Radiant
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

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

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.21
  • Lot Size Area: 9087
  • Lot Dimensions: 75 x 121
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9087.00
  • Outdoor Living Structures: Balcony, Patio(s), Porch(es), Screened
  • Zoning: MEDIUM RESIDENTIAL
  • Zoning Description: MEDIUM RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.05-329.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/20/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Spangler Steven R and Spangler Sandra C
Bought by
S R & S C Spangler Lt
Current Estimated Value
$1,724,502

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 17, 2018
Sold by
Jennings Peter L and Jennings Victoria H
Bought by
Spangler Steven R and Spangler Sandra C
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,550,000
Sold Price
$1,525,000
Premium/Discount to List
-$25,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
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
S R & S C Spangler Lt -- None Available
Spangler Steven R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,525,000 -1.6% $354 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $1,550,000 -- $360 / 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 $4,673 $51,650 $9,200 $42,450
2024 $2,364 $51,650 $9,200 $42,450
2023 $2,362 $51,650 $9,200 $42,450
2022 $2,773 $51,650 $9,200 $42,450
2021 $2,751 $51,650 $9,200 $42,450
2020 $2,425 $51,650 $9,200 $42,450
2019 $2,324 $51,650 $9,200 $42,450
2018 $1,868 $51,650 $0 $0
2017 $1,772 $51,650 $0 $0
2016 $1,616 $51,650 $0 $0
2015 $1,525 $51,650 $0 $0
2014 $1,510 $51,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001576846

Bright MLS

APN: 334-20.05-329.00