NOT LISTED FOR SALE

4 Newbold Square Unit 4 Rehoboth Beach, DE 19971

Estimated Value: $606,000 - $981,000

3 Beds
2 Baths
1,069 Sq Ft
$819/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $745,000 $697 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,317/month

6 Days on Market

Highlights

  • Lake Front
  • Canoe or Kayak Water Access
  • Panoramic View
  • Rehoboth Elementary School Rated A
  • Fishing Allowed
  • 2.37 Acre Lot

About This Home

As of June 2021

A rare secluded offering in this much desired community just 3+ blocks (an easy walk) until your toes are in the Atlantic Ocean sand and surf! This private 40 unit complex rests on the shores of Silver Lake and also boundaried by Rehoboth Elementary School. Overlooks a beautiful city park and the second level deck boasts one of the two most appealing community views over Silver Lake to the beach dunes. This fully furnished townhome occupies level 2 and level 3 of the structure with level 2 hosting your great room, dining area, lakefront deck, kitchen, primary bedroom and primary bath (with washer and dryer). Top level includes 2 bedrooms, full bath and loft overlooking the great room. Both baths are tub/shower combination. Park your car upon arrival, walk all over for beach, fun, boardwalk and city relaxation. Very desirable rental community if you want some income as well as personal use. Silver Lake is teaming with wild life and fun to observe nature's activities. AGENTS: Review complete file. All DUCIOA documents are on-line. Water and sewer fee: $229.44

Last Agent to Sell the Property

PAT CAMPBELL-WHITE

Monument Sotheby's International Realty License #RA0001517 Listed on: 05/05/2021

Monument Sotheby's International Realty

Co-Listed By

Carla Campbell

Monument Sotheby's International Realty License #RA-0003577

Last Buyer's Agent

Carol Ann Pala

Monument Sotheby's International Realty License #RS-0025033

Monument Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $945

Year Built

  • Built in 1968

Lot Details

  • Lake Front
  • Home fronts navigable water
  • West Facing Home
  • Decorative Fence
  • Landscaped
  • No Through Street
  • Irregular Lot
  • Partially Wooded Lot
  • Property is in very good condition

HOA Fees

  • $389 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Woods

Home Design

  • Contemporary Architecture
  • Villa
  • Block Foundation
  • Slab Foundation
  • Block Wall
  • Shingle Roof
  • Shake Siding
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 1,069 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Home Security

Parking

  • Assigned parking located at #4
  • On-Street Parking
  • 1 Assigned Parking Space
  • Fenced Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Waterfront Park
  • Non Powered Boats Only
  • Balcony
  • Outdoor Grill

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-356.00-4

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care side, lawn maintenance, management, parking fee, pool(s), reserve funds, snow removal
  • Newbold Square Condos
  • Newbold Square Subdivision
  • Property Manager

Recreation

  • Community Pool
  • Fishing Allowed

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$945

Year Built

Built in 1968

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary, Villa
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Personal belongings Some possible contents of dressers and cabinets
  • Historic: No
  • Home Warranty: No
  • Inclusions: MOST all current furnishings on the premises are included. Might be some personal property exclusions and exclusion of some contents of kitchen cabinets.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1968
  • Assigned Parking Space Numbers: 4
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: A rare secluded offering in this much desired community just 3+ blocks (an easy walk) until your toes are in the Atlantic Ocean sand and surf! This private 40 unit complex rests on the shores of Silver Lake and also boundaried by Rehoboth Elementary School. Overlooks a beautiful city park and the second level deck boasts one of the two most appealing community views over Silver Lake to the beach dunes. This fully furnished townhome occupies level 2 and level 3 of the structure with level 2 hosting your great room, dining area, lakefront deck, kitchen, primary bedroom and primary bath (with washer and dryer). Top level includes 2 bedrooms, full bath and loft overlooking the great room. Both baths are tub/shower combination. Park your car upon arrival, walk all over for beach, fun, boardwalk and city relaxation. Very desirable rental community if you want some income as well as personal use. Silver Lake is teaming with wild life and fun to observe nature's activities. AGENTS: Review complete file. All DUCIOA documents are on-line. Water and sewer fee: $229.44
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Dryer - Front Loading, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Primary Bath(s)
  • Window Features: Screens, Sliding
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings, Dry Wall, Block Walls, Masonry, Vaulted Ceilings
  • Foundation Details: Slab, Block
  • Floors In Unit Count: 2
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Great Room, Loft, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1069
  • Living Area Sq Ft: 1069
  • Price Per Sq Ft: 681.95
  • Above Grade Finished Sq Ft: 1069
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Dryvit, Stick Built, Shake Siding
  • Exterior Features: Bbq Grill, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Lake, Panoramic, Trees/Woods
  • Water Access Features: Canoe/Kayak, Boat - Non Powered Only, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Silver Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway, Fenced
  • Type Of Parking: On Street

Utilities

  • Refuse: 305.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1166.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: NEWBOLD SQUARE
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Decorative
  • Land Use Code: RC
  • Lot Features: Irregular, Landscaping, No Thru Street, Partly Wooded, Secluded, Trees/Wooded
  • Lot Size Acres: 2.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 103237.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5202681
  • School Tax: 663.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 945.00
  • Assessor Parcel Number: 334-20.05-356.00-4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/15/2021

Multi Family

  • Waterfront Features: Park

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 15, 2021
Sold by
W E Jr & M C Postles Ret
Bought by
Sullivan Patrice A and Sullivan James T
Seller's Agent
PAT CAMPBELL-WHITE
Monument Sotheby's International Realty
Buyer's Agent
Carol Ann Pala
Monument Sotheby's International Realty
List Price
$729,000
Sold Price
$745,000
Premium/Discount to List
$16,000
2.19%
Current Estimated Value
$875,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,007
Avg. Annual Appreciation
2.22%
Original Mortgage
$670,500
Outstanding Balance
$615,331
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$198,819
Source: Public Records

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Range of Values:

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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
Sullivan Patrice A $745,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Patrice A $670,500
Closed Sullivan James $670,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $745,000 +2.2% $697 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $729,000 -- $682 / 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
2024 $863 $15,600 $0 $15,600
2023 $862 $15,600 $0 $15,600
2022 $832 $15,600 $0 $15,600
2021 $824 $15,600 $0 $15,600
2020 $822 $15,600 $0 $15,600
2019 $823 $15,600 $0 $15,600
2018 $769 $17,500 $0 $0
2017 $736 $17,500 $0 $0
2016 $699 $17,500 $0 $0
2015 $668 $17,500 $0 $0
2014 $663 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PAT CAMPBELL-WHITE

    Seller's Agent in 2021

    PAT CAMPBELL-WHITE

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-1488

    15 in this area

    38 Total Sales

    PAT CAMPBELL-WHITE
    Section Image
  • Carla Campbell

    Seller Co-Listing Agent in 2021

    Carla Campbell

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-5534

    29 in this area

    66 Total Sales

    Carla Campbell
    Section Image
  • Carol Ann Pala

    Buyer's Agent in 2021

    Carol Ann Pala

    OCEAN ATLANTIC SOTHEBYS

    (302) 312-1794

    16 in this area

    42 Total Sales

    Carol Ann Pala
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU182434

Bright MLS

APN: 334-20.05-0356.00- 4

Delaware Sussex County Rehoboth Beach 19971

4 Newbold Square Unit 4, Rehoboth Beach, DE

This home is located at 4 Newbold Square Unit 4, Rehoboth Beach, DE 19971 since 05 May 2021 and is currently estimated at $875,007, approximately $818 per square foot. This property was built in 1968. 4 Newbold Square Unit 4 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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