38398 George St Unit 7 Rehoboth Beach, DE 19971
Estimated Value: $573,741 - $965,000
3
Beds
2.5
Baths
1,500
Sq Ft
$482/Sq Ft
Est. Value
Highlights
- Deck
- Wood Burning Stove
- Attic
- Rehoboth Elementary School Rated A
- Wood Flooring
- Breakfast Area or Nook
About This Home
As of October 2015Welcome to Beach Place! Townhouse is located east of rte 1 and a 3 block walk to the ocean up Carolina Street in Rehoboth by the Sea! Brand new Kraftmaid kitchen with granite counters & stainless appliances and all bathrooms have been updated too! The foyer has a powder room and laundry room to the right and eat-in kitchen to your left. There is a dining room that opens to a large family room with fireplace. There is nice deck off the back of the home with an outdoor shower & storage closet - perfect after a day on the beach. Dining room and family room have hardwood floors and foyer, kitchen, and powder room are tile! The second level has a large master suite with it's own private deck. There are two more bedrooms upstairs that share the hallway full bath. Reasonable condo fees cover insurance, lawn mowing, exterior maintenance, & trash removal. Perfect beach retreat and also has a strong rental history. See this one today before it is gone! Over $50K renovation!
Last Agent to Sell the Property
Monument Sotheby's International Realty License #RS-0013968 Listed on: 08/28/2015
Last Buyer's Agent
Beth Canard
RE/MAX Realty Group Rehoboth
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,869
Year Built
- Built in 1983
Lot Details
- 2,178 Sq Ft Lot
- Landscaped
HOA Fees
- $159 Monthly HOA Fees
Home Design
- Block Foundation
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,500 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Wood Burning Stove
- Wood Burning Fireplace
- Family Room
- Dining Room
- Crawl Space
- Attic
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Electric Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Outdoor Shower
- Deck
- Patio
- Outbuilding
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Beach Place Community
- Killens Addition Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 334-20.09-166.00-7
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2015
Closed on
Oct 22, 2015
Sold by
Dinicola Donna Haffner and Dinicola William S
Bought by
Lorber Eric S and Lorber Jennifer P
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Beth Canard
RE/MAX Realty Group Rehoboth
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,185
Avg. Annual Appreciation
5.86%
Original Mortgage
$315,000
Outstanding Balance
$251,878
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$477,983
Similar Homes in Rehoboth Beach, DE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorber Eric S | $420,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lorber Eric S | $315,000 | |
| Previous Owner | Dinicola William S | $245,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2015 10/22/15 | Sold | $420,000 | -4.5% | $280 / Sq Ft |
| 09/09/2015 09/09/15 | Pending | -- | -- | -- |
| 08/28/2015 08/28/15 | For Sale | $439,900 | -- | $293 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,869 | $27,000 | $0 | $27,000 |
| 2023 | $1,867 | $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
-
Kim Hamer
Seller's Agent in 2015
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
100 in this area
292 Total Sales
-
Buyer's Agent in 2015
Beth Canard
RE/MAX
(302) 650-2233
1 Total Sale
Map
Source: Bright MLS
MLS Number: 1001009796
APN: 334-20.09-166.00-7
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