NOT LISTED FOR SALE

Estimated Value: $513,076 - $4,080,000

5 Beds
5.5 Baths
3,000 Sq Ft
$949/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,600,000 $867 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,516/month

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Lake Gerar Park

About This Home

As of October 2021

Situated on the coveted Park Avenue in an unique park like setting, this elegant custom built 5 bedroom, 5.5 bath home of sophistication & distinction is located a block and a half to the exclusive Deauville Beach and is an easy walk to the Rehoboth boardwalk and downtown dining, shopping, and entertainment The home features first and second floor owner suites with gas fireplaces, full basement, and an elevator for the ultimate convenience that goes from the basement and to each floor. This home was designed with coastal living and entertaining in mind with an open floor plan which features a spacious living area, dining area, and exquisite gourmet kitchen complete with granite counters, ample storage and custom cabinetry, dual ovens, gas range, dishwashers, refrigerator, wine refrigerator, and much more and all overlooking a beautiful in-ground pool with waterfall. There is also a second sitting room off the kitchen. There are custom closets in every bedroom, custom tiled bathrooms, 10 foot ceilings on the first floor and vaulted ceilings throughout the 2nd floor. Hardwood floors flow throughout the home, blending beautifully with the elegantly appointed finishes & custom trim detail including coffered ceiling. The home also has a custom professional state-of-the-art sound system throughout with multi-zones. The yard is complete with privacy fencing, landscaping, a heated gunite in-ground pool, two outdoor showers, outdoor dining area, and a direct feed gas grill. There is also an outdoor wood burning fireplace. Not only has this home been impeccably maintained and tastefully decorated, it offers an impressive rental history. This home was built prior to zoning changes and cannot be duplicated! Owners are licensed DE realtors.

Last Agent to Sell the Property

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc. Listed on: 09/02/2020

Last Buyer's Agent

Susannah Griffin

(302) 245-6646 susannah@lnf.com Long & Foster Real Estate, Inc. License #RS-0015236

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 2009

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Privacy Fence
  • Back Yard Fenced
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Blown-In Insulation
  • Architectural Shingle Roof
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Six Burner Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Monitored
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-248.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,381

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-09-05
  • Federal Flood Zone: No
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: Situated on the coveted Park Avenue in an unique park like setting, this elegant custom built 5 bedroom, 5.5 bath home of sophistication & distinction is located a block and a half to the exclusive Deauville Beach and is an easy walk to the Rehoboth boardwalk and downtown dining, shopping, and entertainment The home features first and second floor owner suites with gas fireplaces, full basement, and an elevator for the ultimate convenience that goes from the basement and to each floor. This home was designed with coastal living and entertaining in mind with an open floor plan which features a spacious living area, dining area, and exquisite gourmet kitchen complete with granite counters, ample storage and custom cabinetry, dual ovens, gas range, dishwashers, refrigerator, wine refrigerator, and much more and all overlooking a beautiful in-ground pool with waterfall. There is also a second sitting room off the kitchen. There are custom closets in every bedroom, custom tiled bathrooms, 10 foot ceilings on the first floor and vaulted ceilings throughout the 2nd floor. Hardwood floors flow throughout the home, blending beautifully with the elegantly appointed finishes & custom trim detail including coffered ceiling. The home also has a custom professional state-of-the-art sound system throughout with multi-zones. The yard is complete with privacy fencing, landscaping, a heated gunite in-ground pool, two outdoor showers, outdoor dining area, and a direct feed gas grill. There is also an outdoor wood burning fireplace. Not only has this home been impeccably maintained and tastefully decorated, it offers an impressive rental history. This home was built prior to zoning changes and cannot be duplicated! Owners are licensed DE realtors.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Oven - Double, Oven - Wall, Refrigerator, Six Burner Stove, Washer - Front Loading, Water Heater, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Built-Ins, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Energy Star Qualified Door(s), Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Bedroom 2, Kitchen, Bedroom 1, Great Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 898.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 44

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Blown-In Insulation, Brick, Hardiplank Type, Stick Built
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Hot Tub, Lawn Sprinkler, Outside Shower
  • Pool Features: Heated, In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Security System, Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Rear, Privacy
  • Improvement Assessed Value: 44000.00
  • Land Assessed Value: 10000.00
  • Land Use Code: RS
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5805363
  • School Tax: 2303.00
  • Tax Annual Amount: 3381.00
  • Assessor Parcel Number: 334-14.13-248.00
  • Tax Total Finished Sq Ft: 1645
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 8, 2021
Sold by
Himinghway Manor Llc
Bought by
Delaware Ab T
Seller's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
Buyer's Agent
Susannah Griffin
Long & Foster Real Estate, Inc.
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%
Current Estimated Value
$2,846,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,692
Avg. Annual Appreciation
2.31%
Original Mortgage
$1,820,000
Outstanding Balance
$1,659,670
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,187,022

Purchase Details

Closed on
Nov 23, 2012
Bought by
Hemingway Manor Llc
Source: Public Records

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
Delaware Ab T $2,600,000 None Available
Hemingway Manor Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaware Ab T $1,820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,600,000 -3.5% $867 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
09/02/2020 09/02/20 For Sale $2,695,000 -- $898 / 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 $5,082 $57,850 $10,000 $47,850
2024 $2,851 $57,850 $10,000 $47,850
2023 $2,849 $57,850 $10,000 $47,850
2022 $2,750 $57,850 $10,000 $47,850
2021 $2,724 $57,850 $10,000 $47,850
2020 $2,716 $57,850 $10,000 $47,850
2019 $2,720 $57,850 $10,000 $47,850
2018 $2,540 $57,850 $0 $0
2017 $2,433 $57,850 $0 $0
2016 $2,311 $57,850 $0 $0
2015 $2,208 $57,850 $0 $0
2014 $2,192 $57,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU168240

Bright MLS

APN: 334-14.13-248.00