NOT LISTED FOR SALE

46 Maryland Ave Rehoboth Beach, DE 19971

Estimated Value: $2,609,000 - $3,230,000

5 Beds
4.5 Baths
2,999 Sq Ft
$992/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $1,860,000 $620 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $16,186/month

334 Days on Market

Highlights

  • Newly Remodeled
  • Coastal Architecture
  • Attic
  • Rehoboth Elementary School Rated A
  • Vaulted Ceiling
  • 5-minute walk to Dune Nature Park

About This Home

As of April 2017

ANOTHER COASTAL CLASSIC! No details overlooked in this new construction! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Embrace this newest project and you will be in close proximity to the beach and main hub of Rehoboth Avenue. Energy efficient and maximized for outdoor living in the SECOND BEACH BLOCK! This home is a work of art and will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Potential rental income: $7,500 WEEK in season and $4,500 off season, $100,000 +/-!!

Last Agent to Sell the Property

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023 Listed on: 03/30/2016

Jack Lingo - Rehoboth

Last Buyer's Agent

Skip Faust

(302) 745-8764 skip@skipfaust.com Coldwell Banker Premier - Rehoboth License #RA-0002618

Coldwell Banker Premier - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Zoning described as TOWN CODES

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 2,999 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Laminate Flooring
  • Partial Basement
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.13-375

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Year Built: 2016
  • Remarks Public: ANOTHER COASTAL CLASSIC! No details overlooked in this new construction! Builder is renowned for remarkable coastal style homes at the beach with incredible flow, natural light, top of the line upgrades, and space. Embrace this newest project and you will be in close proximity to the beach and main hub of Rehoboth Avenue. Energy efficient and maximized for outdoor living in the SECOND BEACH BLOCK! This home is a work of art and will exceed your expectations, featuring gourmet kitchen, open porches, 2 master bedrooms, coffered ceilings, gas fireplace, and premium finish work throughout. Potential rental income: $7,500 WEEK in season and $4,500 off season, $100,000 +/-!!
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Laminated
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Pantry, Ceiling Fan(s)
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Level Count: 2
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 2999
  • Living Area Sq Ft: 2999
  • Net Sq Ft: 2999.00
  • Price Per Sq Ft: 633.21
  • Above Grade Finished Sq Ft: 2999
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 46

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Security: Fire Detection 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

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Porch(es)
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 696.00
  • Assessor Parcel Number: 334-14.13-375
  • County Tax Payment Frequency: Annually
  • Close Date: 04/28/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 27, 2017
Sold by
The Lisa M Gamuciello Revocable Trust Da
Bought by
Jones John W and Griffin Jones Kelly
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Current Estimated Value
$2,973,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,113,589
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,488,000
Outstanding Balance
$1,238,811
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,734,778

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 4, 2014
Sold by
Laura Laura
Bought by
Gamuciello Lisa M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$2,680,000
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Jones John W $1,860,000 None Available
Gamuciello Lisa M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones John W $1,488,000
Previous Owner Gamuciello Lisa M $2,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $1,860,000 -6.8% $620 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,995,000 +20.9% $665 / Sq Ft
10/15/2014 10/15/14 Sold $1,650,000 0.0% --
06/08/2013 06/08/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $1,650,000 -- --
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 $5,040 $45,250 $12,500 $32,750
2024 $2,230 $45,250 $12,500 $32,750
2023 $2,228 $45,250 $12,500 $32,750
2022 $2,151 $45,250 $12,500 $32,750
2021 $2,131 $45,250 $12,500 $32,750
2020 $2,124 $45,250 $12,500 $32,750
2019 $2,128 $45,250 $12,500 $32,750
2018 $1,987 $45,250 $0 $0
2017 $1,903 $45,250 $0 $0
2016 $1,808 $45,250 $0 $0
2015 $870 $22,800 $0 $0
2014 $864 $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015696

Bright MLS

APN: 334-14.13-375.00