NOT LISTED FOR SALE

4 Jersey St Dewey Beach, DE 19971

Estimated Value: $1,865,000 - $3,312,271

5 Beds
5 Baths
3,000 Sq Ft
$879/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $1,995,000 $665 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $14,263/month

484 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2017

Ocean block in Rehoboth by the Sea! Located just one property from the beach, this beautifully crafted and well kept beach home has it all. Spaciously spread over 3 levels, featuring 5+ bedrooms, den, office, open living area leading to a screened porch and deck, fireplace, mud room, full-sized pantry, and elevator. Rustic and coastal inspired interior with wide plank wood floors and white wood paneling throughout. Enjoy ocean breezes and early morning sun from second level deck and screened porch before spending the day on one of the area's most desired beach locations. Excellent beach home and rental investment.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 02/25/2016

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

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

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 2000

Lot Details

  • 5,210 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Ocean Views
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-20.10-138.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,423

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2000
  • Remarks Public: Ocean block in Rehoboth by the Sea! Located just one property from the beach, this beautifully crafted and well kept beach home has it all. Spaciously spread over 3 levels, featuring 5+ bedrooms, den, office, open living area leading to a screened porch and deck, fireplace, mud room, full-sized pantry, and elevator. Rustic and coastal inspired interior with wide plank wood floors and white wood paneling throughout. Enjoy ocean breezes and early morning sun from second level deck and screened porch before spending the day on one of the area's most desired beach locations. Excellent beach home and rental investment.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Island, Combination Kitchen/Living, Pantry, Entry Level Bedroom, Ceiling Fan(s), Elevator, Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 3
  • Levels Count: 3+
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Net Sq Ft: 3000.00
  • Price Per Sq Ft: 665.00
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Shake Siding, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.12
  • Lot Size Area: 5210
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5210.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Screened
  • Zoning Description: TOWN CODES

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Total Actual Rent: 99500.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-20.10-138.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/12/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Sep 12, 2017
Sold by
Cohen Jill F and Cohen Wayne R
Bought by
Seiler Kenna M and Seiler Michael T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$2,350,000
Sold Price
$1,995,000
Premium/Discount to List
-$355,000
-15.11%
Current Estimated Value
$2,636,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,424
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
Feb 25, 2016
Closed on
Sep 8, 2017
Sold by
Cohen Jill F and Cohen Wayne R
Bought by
Seiler Kenna M and Seiler Michael T
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$2,350,000
Sold Price
$1,995,000
Premium/Discount to List
-$355,000
-15.11%

Purchase Details

Closed on
Jan 10, 2003
Bought by
Cohen Wayne R and Cohen Jill F
Source: Public Records

Range of Values:

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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
Seiler Kenna M $1,995,000 None Available
Seiler Kenna M $1,995,000 None Available
Cohen Wayne R $1,700,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $1,995,000 -15.1% $665 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
02/25/2016 02/25/16 For Sale $2,350,000 -- $783 / 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 $3,423 $40,150 $13,250 $26,900
2024 $2,297 $40,150 $13,250 $26,900
2023 $2,296 $40,150 $13,250 $26,900
2022 $2,227 $40,150 $13,250 $26,900
2021 $2,209 $40,150 $13,250 $26,900
2020 $1,885 $40,150 $13,250 $26,900
2019 $2,184 $40,150 $13,250 $26,900
2018 $1,763 $40,150 $0 $0
2017 $1,688 $40,150 $0 $0
2016 $1,651 $40,150 $0 $0
2015 $1,580 $40,150 $0 $0
2014 $1,569 $40,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001014276

Bright MLS

APN: 334-20.10-138.00