Seller's Agent in 2020
Michael Aldridge
Compass
(302) 893-8993
71 Total Sales
Estimated Value: $831,000 - $1,276,855
4
Beds
3.5
Baths
4,990
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Private Pool
- 3.4 Acre Lot
- Love Creek Elementary School Rated A
- Sauna
- Contemporary Architecture
About This Home
As of May 2020MOTIVATED SELLER! SUBMIT ALL OFFERS! Welcome to 4 Bay Oak. This gorgeous estate offers luxury living with ultimate privacy. This one of a kind custom built home is perfect for entertaining. Enjoy a massive courtyard which includes an outdoor kitchen, sunroom, pool, and beautiful center piece custom fountain. You won't want to leave this resort style property which includes a relaxing in ground jacuzzi and breath taking sauna. Its open kitchen inside includes a seating booth that makes you feel like you are in a 5 star restaurant built just for you. The theatre room located on the main floor can also be used as a 5th bedroom. The master living quarters on the top floor is simply amazing!! Walk into to an oversized closet and laundry area that will blow you away. Overlook the courtyard from the top balcony right outside your bedroom. Soak in your private tub or indulge in your walk in shower for the ultimate spa experience. If you have a large automobile collection you will appreciate the five car garage with winding driveway. Over 3.4 acres of surrounding woodland makes this property the ultimate private get away. Located just minutes away from the beach and Rehoboth luxury shopping outlets places this home in a premier location! Priced below recent appraised value makes this home a great investment opportunity. Appraisal on file valued at 763,000. Make this your dream home today and have instant equity.
Last Agent to Sell the Property
(302) 202-9855 ashley.hess@compass.com Compass Listed on: 09/13/2019
Last Buyer's Agent
(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,838
Year Built
- Built in 2002
Lot Details
- 3.4 Acre Lot
- Property Fronts a Bay or Harbor
- Property is in good condition
- Property is zoned MR
HOA Fees
- $42 Monthly HOA Fees
Parking
- 5 Garage Spaces | 4 Direct Access and 1 Detached
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Wood Roof
- Rubber Roof
- Aluminum Siding
- Stucco
Interior Spaces
- 4,990 Sq Ft Home
- Property has 2 Levels
- Partially Furnished
- Bar
- 2 Fireplaces
- Great Room
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Sauna
- Courtyard Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Stove
- Cooktop
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Pool
- Private Pool
- Spa
Outdoor Features
- Enclosed Patio or Porch
- Water Fountains
- Exterior Lighting
- Outdoor Grill
Schools
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Well
- Propane Water Heater
- Septic Tank
Community Details
- Bay Oaks HOA
- Bay Oaks Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 234-12.00-244.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2019
Closed on
May 18, 2020
Sold by
Bradley Phillip R and Bradley Eileen M
Bought by
Stretch Thomas P and Stretch Ostertag
Seller's Agent
Michael Aldridge
Compass
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$659,000
Sold Price
$540,000
Premium/Discount to List
-$119,000
-18.06%
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
$421,714
Avg. Annual Appreciation
10.35%
Original Mortgage
$510,400
Outstanding Balance
$452,285
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$509,429
Purchase Details
Closed on
Apr 6, 2001
Bought by
Bradley Phillip R Eileen Monica Bra
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stretch Thomas P | $540,000 | None Available | |
| Bradley Phillip R Eileen Monica Bra | $97,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stretch Thomas P | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2020 05/18/20 | Sold | $540,000 | -6.1% | $108 / Sq Ft |
| 03/05/2020 03/05/20 | Pending | -- | -- | -- |
| 01/02/2020 01/02/20 | Price Changed | $575,000 | -4.0% | $115 / Sq Ft |
| 10/25/2019 10/25/19 | Price Changed | $599,000 | -7.7% | $120 / Sq Ft |
| 10/04/2019 10/04/19 | Price Changed | $649,000 | -1.5% | $130 / Sq Ft |
| 09/13/2019 09/13/19 | For Sale | $659,000 | -- | $132 / Sq Ft |
Source: Bright MLS
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 | $2,307 | $102,900 | $11,900 | $91,000 |
| 2024 | $4,318 | $102,900 | $11,900 | $91,000 |
| 2023 | $4,314 | $102,900 | $11,900 | $91,000 |
| 2022 | $3,933 | $102,900 | $11,900 | $91,000 |
| 2021 | $3,897 | $102,900 | $11,900 | $91,000 |
| 2020 | $3,885 | $102,900 | $11,900 | $91,000 |
| 2019 | $4,838 | $102,900 | $11,900 | $91,000 |
| 2018 | $4,519 | $102,900 | $0 | $0 |
| 2017 | $4,327 | $102,900 | $0 | $0 |
| 2016 | $4,110 | $102,900 | $0 | $0 |
| 2015 | $3,928 | $102,900 | $0 | $0 |
| 2014 | $3,899 | $102,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Aldridge
-
DEBBIE REED
Buyer's Agent in 2020
DEBBIE REED
RE/MAX
(302) 227-3818
227 in this area
766 Total Sales
Map
Source: Bright MLS
MLS Number: DESU148080
APN: 234-12.00-244.00
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