NOT LISTED FOR SALE

38398 George St Unit 5 Rehoboth Beach, DE 19971

Estimated Value: $694,007 - $943,000

3 Beds
2.5 Baths
-- Sq Ft
$159/mo HOA Fee

Last Sold December 12, 2019

Last sale price $495,000

Est. 57% increase in value since last sale

Current estimated payment $4,422/month

Highlights

  • Open Floorplan
  • Wood Burning Stove
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of December 2019

Enjoy life in this modern, upgraded home just steps away from downtown Dewey, Rehoboth, and the Ocean! With so many custom features and upgrades, this 3 bedroom, 2.5 bathroom home is ready for new owners and guests! The first floor features all the living areas - kitchen, dining room, living room, and half bath. Enjoy the custom designed kitchen, with new and trendy cabinets and shelving, silestone countertops, and lighting. It overlooks the dining room, which has new custom ceiling along with new lighting. Host guests by the fireplace in the greatroom. The first floor 1/2 bath has been completely renovated with new cabinets, Italian marble countertops, custom sink and fixtures, and shiplap accents. The second floor features the master suite, and two additional bedrooms with a shared bathroom. All the bedrooms have updated lighting, and the shared bathroom has new cabinet doors and an upgraded sink. Relax in the spacious master suite, and enjoy the master bath with replaced countertops, sink and cabinetry or on the private deck. The exterior of the home features a deck, perfect for lounging and enjoying the Coastal Delaware weather. Sold fully furnished with a few exceptions from the owner.

Last Agent to Sell the Property

Andy Staton

(302) 841-2127 andy@andytoday.com Monument Sotheby's International Realty License #RS-0016036 Listed on: 10/21/2019

Monument Sotheby's International Realty

Co-Listed By

CHESTER CARBAUGH

(302) 858-1444 chet.carbaugh@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0022664

Last Buyer's Agent

Peggy Centrella

(302) 234-5229 pcentrella@psre.com Patterson-Schwartz-Hockessin License #RS-0022047

Patterson-Schwartz-Hockessin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1983 | Remodeled in 2015

HOA Fees

  • $159 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Gas Fireplace

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Beach Place Community
  • Killens Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-166.00-5

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,269

Year Built

Built in 1983 | Remodeled in 2015

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-10-31
  • Federal Flood Zone: No
  • Year Built: 1983
  • Year Renovated: 2015
  • Remarks Public: Enjoy life in this modern, upgraded home just steps away from downtown Dewey, Rehoboth, and the Ocean! With so many custom features and upgrades, this 3 bedroom, 2.5 bathroom home is ready for new owners and guests! The first floor features all the living areas - kitchen, dining room, living room, and half bath. Enjoy the custom designed kitchen, with new and trendy cabinets and shelving, silestone countertops, and lighting. It overlooks the dining room, which has new custom ceiling along with new lighting. Host guests by the fireplace in the greatroom. The first floor 1/2 bath has been completely renovated with new cabinets, Italian marble countertops, custom sink and fixtures, and shiplap accents. The second floor features the master suite, and two additional bedrooms with a shared bathroom. All the bedrooms have updated lighting, and the shared bathroom has new cabinet doors and an upgraded sink. Relax in the spacious master suite, and enjoy the master bath with replaced countertops, sink and cabinetry or on the private deck. The exterior of the home features a deck, perfect for lounging and enjoying the Coastal Delaware weather. Sold fully furnished with a few exceptions from the owner.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Floor Plan - Open, Upgraded Countertops, Wood Floors
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38398

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Stick Built
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1905.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA: No
  • 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 Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203061
  • School Tax: 1149.00
  • Tax Annual Amount: 1269.00
  • Assessor Parcel Number: 334-20.09-166.00-5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/12/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 7, 2019
Sold by
Parker Reed and Parker Jennifer
Bought by
Allen Duane C and Allen Cool
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Peggy Centrella
Patterson-Schwartz-Hockessin
List Price
$479,000
Sold Price
$495,000
Premium/Discount to List
$16,000
3.34%
Current Estimated Value
$776,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,002
Avg. Annual Appreciation
8.06%
Original Mortgage
$396,000
Outstanding Balance
$349,813
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$426,189

Purchase Details

Listed on
Mar 17, 2015
Closed on
May 1, 2015
Sold by
Cornelia N Cornelia N
Bought by
Parker Reed and Parker Jennifer
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Andy Staton
Monument Sotheby's International Realty
List Price
$372,500
Sold Price
$372,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
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
Allen Duane C $495,000 None Available
Parker Reed $372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Duane C $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $495,000 0.0% --
11/04/2019 11/04/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $495,000 +3.3% --
10/21/2019 10/21/19 For Sale $479,000 +28.6% --
05/01/2015 05/01/15 Sold $372,500 0.0% --
03/19/2015 03/19/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $372,500 -- --
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 $1,776 $27,000 $0 $27,000
2024 $1,871 $27,000 $0 $27,000
2023 $1,870 $27,000 $0 $27,000
2022 $1,813 $27,000 $0 $27,000
2021 $1,800 $27,000 $0 $27,000
2020 $1,794 $27,000 $0 $27,000
2019 $1,775 $27,000 $0 $27,000
2018 $1,381 $31,450 $0 $0
2017 $1,323 $31,450 $0 $0
2016 $1,285 $31,450 $0 $0
2015 $1,229 $31,450 $0 $0
2014 $1,220 $31,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU150112

Bright MLS

APN: 334-20.09-166.00-5