NOT LISTED FOR SALE

Estimated Value: $299,280 - $4,617,000

7 Beds
5.5 Baths
3,600 Sq Ft
$870/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $3,990,000 $1,108 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $17,749/month

200 Days on Market

Highlights

  • 153 Feet of Waterfront
  • 1 Boat Dock
  • Black Bottom Pool
  • Rehoboth Elementary School Rated A
  • Pier
  • Panoramic View

About This Home

As of December 2023

Private WATERFRONT oasis in North Shores. You're captured by the breathtaking views whether you are inside or outside this home. With seven bedrooms, 5.5 baths, eat-in kitchen and endless porches and decks., there is plenty of space for guests and family. If you want to swim or go boating, the pool and dock are here for you. The community of North Shores offers a private beach, pool, tennis, marina. The home is minutes from Gordon's Pond State Park or the bike trail. You will love the ambiance of this home. This home is under contract effective 5-12-23.

Last Agent to Sell the Property

AMY SCHRADER

(302) 604-9833 aschrader@psre.com Patterson-Schwartz-Rehoboth License #RS-0007378 Listed on: 10/25/2022

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • 153 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Vinyl Fence
  • Cyclone Fence
  • Private Lot
  • Irregular Lot
  • Property is zoned SINGLE FAMILY RESIDENTIAL

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Property Views

  • Panoramic
  • Canal

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Shake Siding
  • Vinyl Siding
  • Piling Construction
  • Cedar

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Black Bottom Pool
  • Pier
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Boat Dock
  • Private Dock Site
  • Dock made with Treated Lumber
  • Balcony
  • Deck
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

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

Community Details

  • North Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-14.05-5.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,028

Year Built

Built in 1968

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Furniture is negotiable.
  • Inclusions: range, range hood, refrigerator/ice maker, dishwasher, disposal, microwave, washer, dryer, water heater, screens (where present), shades, blinds, fireplace glass doors, fireplace equipment, ceiling fans, pool, pool equipment, pool cover, shed, fuel storag
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Remarks Public: Private WATERFRONT oasis in North Shores. You're captured by the breathtaking views whether you are inside or outside this home. With seven bedrooms, 5.5 baths, eat-in kitchen and endless porches and decks., there is plenty of space for guests and family. If you want to swim or go boating, the pool and dock are here for you. The community of North Shores offers a private beach, pool, tennis, marina. The home is minutes from Gordon's Pond State Park or the bike trail. You will love the ambiance of this home. This home is under contract effective 5-12-23.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer - Front Loading
  • Flooring Type: Ceramic Tile, Engineered Wood, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Recessed Lighting
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings, Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 1109.72
  • Above Grade Finished Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Shake Siding, Vinyl Siding
  • Exterior Features: Exterior Lighting, Gutter System, Outbuilding(s)
  • Pool Features: Black Bottom
  • Road Surface Type: Black Top
  • Roof: Metal
  • View: Canal, Panoramic, Water
  • Water Access: Yes
  • Water Body Name: Lewes-Rehoboth canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 153

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Ductless/Mini-Split, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Fencing: Cyclone, Vinyl
  • Land Lease: No
  • Lot Features: Bulkheaded, Cul-De-Sac, Irregular, Private
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16042.00
  • Outdoor Living Structures: Deck(s), Balcony, Wrap Around
  • Zoning: SINGLE FAMILY RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4028.00
  • Assessor Parcel Number: 334-14.05-5.0
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/28/2023

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 20, 2023
Sold by
Cummings Cary and Cummings Patricia H
Bought by
Matthews James J and Matthews Katherine W
Seller's Agent
AMY SCHRADER
Patterson-Schwartz-Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$5,500,000
Sold Price
$3,990,000
Premium/Discount to List
-$1,510,000
-27.45%
Views
367
Current Estimated Value
$3,133,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$856,573
Avg. Annual Appreciation
-12.83%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Cary B Cary B
Bought by
Cummings Cary and Cummings Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
4.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Matthews James J $3,990,000 None Listed On Document
Cummings Cary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Cary $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $3,990,000 -0.1% $1,108 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $3,995,000 -20.0% $1,110 / Sq Ft
03/11/2023 03/11/23 Price Changed $4,995,000 -9.2% $1,388 / Sq Ft
10/25/2022 10/25/22 For Sale $5,500,000 -- $1,528 / 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 $11,032 $67,050 $20,000 $47,050
2024 $4,177 $67,050 $20,000 $47,050
2023 $4,174 $67,050 $20,000 $47,050
2022 $4,028 $67,050 $20,000 $47,050
2021 $3,991 $67,050 $20,000 $47,050
2020 $3,979 $67,050 $20,000 $47,050
2019 $3,985 $67,050 $20,000 $47,050
2018 $3,722 $84,750 $0 $0
2017 $2,820 $67,050 $0 $0
2016 $2,678 $67,050 $0 $0
2015 $2,559 $67,050 $0 $0
2014 $2,540 $67,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2031448

Bright MLS

APN: 334-14.05-5.00