NOT LISTED FOR SALE

Estimated Value: $423,367 - $2,633,000

4 Beds
2 Baths
1,497 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,175,000 $785 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,395/month

13 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • No HOA
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • 4-minute walk to Lake Gerar Park

About This Home

As of August 2015

Classic 4BR, 2BA Rehoboth Beach Cottage Located In Sought After "Pines" Location Less Than Two Blocks From The Beach. Complete With A Welcoming Screened Porch, This Home Features Wood Burning Fireplace And Guest Efficiency Quarters Perfect For Overflow Or Storage. This Property Offers Great Potential In A Superb Location - Oak Avenue.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/22/2015

Jack Lingo - Rehoboth

Last Buyer's Agent

Steven Rowan

sarowan0709@gmail.com Jack Lingo - Rehoboth

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Zoning described as TOWN CODES

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,497 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.13-275.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,109

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • 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: 1925
  • Remarks Public: Classic 4BR, 2BA Rehoboth Beach Cottage Located In Sought After "Pines" Location Less Than Two Blocks From The Beach. Complete With A Welcoming Screened Porch, This Home Features Wood Burning Fireplace And Guest Efficiency Quarters Perfect For Overflow Or Storage. This Property Offers Great Potential In A Superb Location - Oak Avenue.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Washer, Water Heater
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Kitchen - Galley, Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Kitchen, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1497
  • Living Area Sq Ft: 1497
  • Net Sq Ft: 1497.00
  • Price Per Sq Ft: 794.92
  • Above Grade Finished Sq Ft: 1497
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 46

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Forced Air, Oil
  • Heating: Yes
  • Hot Water: Electric
  • 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 Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 1109.00
  • Assessor Parcel Number: 334-14.13-275.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/07/2015

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
Jun 22, 2015
Closed on
Aug 7, 2015
Sold by
Palmer Family Partnership
Bought by
Ansell David L and Ansell Ginger S
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Steven Rowan
Jack Lingo - Rehoboth
List Price
$1,190,000
Sold Price
$1,175,000
Premium/Discount to List
-$15,000
-1.26%
Current Estimated Value
$1,893,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,592
Avg. Annual Appreciation
3.57%
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
Ansell David L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $1,175,000 -1.3% $785 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $1,190,000 -- $795 / 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 $4,261 $17,400 $10,000 $7,400
2024 $1,636 $17,400 $10,000 $7,400
2023 $1,635 $17,400 $10,000 $7,400
2022 $1,578 $17,400 $10,000 $7,400
2021 $1,563 $17,400 $10,000 $7,400
2020 $1,559 $17,400 $10,000 $7,400
2019 $1,561 $17,400 $10,000 $7,400
2018 $764 $17,400 $0 $0
2017 $732 $17,400 $0 $0
2016 $695 $17,400 $0 $0
2015 $664 $17,400 $0 $0
2014 $659 $17,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001007502

Bright MLS

APN: 334-14.13-275.00