NOT LISTED FOR SALE

38460 Cottage Ln Unit 12 Rehoboth Beach, DE 19971

Estimated Value: $642,000 - $1,758,000

3 Beds
3 Baths
-- Sq Ft
1,089 Sq Ft Lot

Last Sold December 27, 2012

Last sale price $630,000

Est. 94% increase in value since last sale

Current estimated payment $6,771/month

88 Days on Market

Highlights

  • Pier or Dock
  • Lake View
  • Lake Privileges
  • Rehoboth Elementary School Rated A
  • Waterfront
  • Contemporary Architecture

About This Home

As of December 2012

Serene Lake-Side Setting Only 2 Blocks From The Ocean! Enjoy Fantastic Views From Open First Floor Living Area And Master BR! Never Rented, Recently Renovated. Cozy Fireplace, Updated Kitchen, & Inviting Floor Plan Make For Terrific Year Round Living or Summer Getaway! Excellent Rental Potential!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/08/2012

Jack Lingo - Rehoboth

Last Buyer's Agent

Michael Bacher

(302) 226-6649 michaelbacher@aol.com Jack Lingo - Rehoboth

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1970

Lot Details

  • Waterfront
  • Partially Fenced Property
  • Landscaped

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Screens
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near a pond
  • Lake Privileges

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-129.03

Community Details

Overview

  • Lake Comegys Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,130

Year Built

Built in 1970

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Remarks Public: Serene Lake-Side Setting Only 2 Blocks From The Ocean! Enjoy Fantastic Views From Open First Floor Living Area And Master BR! Never Rented, Recently Renovated. Cozy Fireplace, Updated Kitchen, & Inviting Floor Plan Make For Terrific Year Round Living or Summer Getaway! Excellent Rental Potential!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Skylight(s)
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Mud Room, Additional Bedroom
  • Basement: No
  • Street Number Modifier: 38460

Beds/Baths

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

Exterior Features

  • Construction Materials: Stick Built, Brick, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air, Propane
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1200.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Pier/Dock, Water/Lake Privileges
  • HOA: Yes

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Landscaping

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.09-129.03
  • County Tax Payment Frequency: Annually
  • Close Date: 12/27/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2012
Closed on
Dec 31, 2012
Sold by
Levy A Joseph A and Levy Veda J
Bought by
Giuliano John
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Michael Bacher
Jack Lingo - Rehoboth
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$1,224,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,664
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Sep 8, 2012
Closed on
Dec 27, 2012
Sold by
Levy A Joseph A and Levy Veda J
Bought by
Giuliano John
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Michael Bacher
Jack Lingo - Rehoboth
List Price
$630,000
Sold Price
$630,000
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
Giuliano John $630,000 --
Giuliano John $630,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $630,000 0.0% --
12/05/2012 12/05/12 Pending -- -- --
09/08/2012 09/08/12 For Sale $630,000 -- --
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
2025 $2,130 $27,150 $2,150 $25,000
2024 $1,657 $27,150 $2,150 $25,000
2023 $1,656 $27,150 $2,150 $25,000
2022 $1,609 $27,150 $2,150 $25,000
2021 $1,597 $27,150 $2,150 $25,000
2020 $1,592 $27,150 $2,150 $25,000
2019 $1,573 $27,150 $2,150 $25,000
2018 $1,192 $27,150 $0 $0
2017 $1,142 $27,150 $0 $0
2016 $1,113 $27,150 $0 $0
2015 $1,065 $27,150 $0 $0
2014 $1,057 $27,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000968572

Bright MLS

APN: 334-20.09-129.03