NOT LISTED FOR SALE

48 Maryland Ave Rehoboth Beach, DE 19971

Estimated Value: $2,984,000 - $4,043,849

5 Beds

4.5 Baths

2,999 Sq Ft

$1,139/Sq Ft Est. Value

Last sale price $3,600,000 $1,200 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $19,275/month

9 Days on Market

Highlights

Beach
Building is oceanfront but unit may not have water views
Open Floorplan
Rehoboth Elementary School Rated A
Eat-In Gourmet Kitchen
5-minute walk to Dune Nature Park

About This Home

As of August 2022

SHOWINGS BEGIN SATURDAY JULY 9TH - PROFESSIONAL PHOTOS UPLOADED THE DAY BEFORE.....
WOW! CUSTOM COASTAL COLONIAL BUILT IN 2016 JUST A SHORT STROLL TO THE BEACH; THE RESTAURANTS & SHOPS ON REHOBOTH AVENUE; OR LAKE GERAR * FANTASTIC LAYOUT INCLUDING BOTH MAIN LEVEL & TOP LEVEL PRIMARY SUITES* TOP LEVEL INCLUDES FOUR TOTAL BEDROOMS THREE FULL BATHROOMS & LOFT AREA * OPEN LAYOUT ON THE MAIN LEVEL WITH 9' COFFERED CEILINGS AND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT (ON BOTH LEVELS) * GOURMET KITCHEN W/GRANITE COUNTERS/STAINLESS STEEL APPLIANCES/CUSTOM LIGHTING/GATHERING ISLAND* SEPARATE DINING ROOM AREA & FAMILY ROOM W/GAS FIREPLACE* 2ND MASTER SUITE PRIVATELY SITED IN THE REAR OF THE HOME ADJACENT TO THE DEN AREA AND REAR DECK* FENCED (6' SOLID) REAR YARD INCLUDING A LARGE STORAGE SHED* ABSOLUTELY A FANTASTIC HOME IN A FANTASTIC LOCATION THAT HAS NEVER BEEN RENTED SOLD COMPLETELY FURNISHED!

Last Listed By

Steve Allnutt

RE/MAX Advantage Realty License #RS-002566 Listed on: 07/08/2022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,041

Year Built

Built in 2016

Lot Details

4,792 Sq Ft Lot
Lot Dimensions are 50.00 x 100.00
Building is oceanfront but unit may not have water views
North Facing Home
Privacy Fence
Vinyl Fence
Landscaped
Premium Lot
Level Lot
Cleared Lot
Back Yard Fenced and Front Yard
Property is in excellent condition
Property is zoned TN

Home Design

Colonial Architecture
Coastal Architecture
Architectural Shingle Roof
Metal Roof
Wood Siding
Concrete Perimeter Foundation
HardiePlank Type
Stick Built Home

Interior Spaces

2,999 Sq Ft Home
Property has 2 Levels
Open Floorplan
Built-In Features
Crown Molding
Vaulted Ceiling
Ceiling Fan
Recessed Lighting
Gas Fireplace
Insulated Windows
Window Treatments
Window Screens
Insulated Doors
Family Room Off Kitchen
Dining Room
Den
Loft
Crawl Space
Attic Fan

Kitchen

Eat-In Gourmet Kitchen
Breakfast Area or Nook
Double Oven
Electric Oven or Range
Cooktop
Built-In Microwave
Ice Maker
Dishwasher
Stainless Steel Appliances
Kitchen Island
Upgraded Countertops
Disposal

Flooring

Wood
Tile or Brick

Bedrooms and Bathrooms

En-Suite Primary Bedroom
En-Suite Bathroom
Walk-In Closet
Whirlpool Bathtub

Laundry

Laundry Room
Laundry on main level
Electric Front Loading Dryer
Washer

Home Security

Surveillance System
Fire and Smoke Detector
Fire Sprinkler System

Parking

3 Parking Spaces
3 Driveway Spaces
Brick Driveway
On-Street Parking
Off-Street Parking

Outdoor Features

Outdoor Shower
Balcony
Deck
Exterior Lighting
Shed
Porch

Utilities

Forced Air Zoned Cooling and Heating System
Vented Exhaust Fan
Tankless Water Heater
Propane Water Heater
Cable TV Available

Listing and Financial Details

Tax Lot 48
Assessor Parcel Number 334-14.13-378.00

Community Details

Overview

No Home Owners Association
North Rehoboth Subdivision

Recreation

Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,041

Year Built

Built in 2016

Lot Details

Listing Details

Property Type: Residential
Structure Type: Detached
Architectural Style: Coastal, Colonial
Sussex De Quadrants: East of Rt 1
Ownership: Fee Simple
Exclusions: FURNITURE & PERSONAL BELONGINGS CAN BE PURCHASED SEPARATELY
Historic: No
Home Warranty: No
New Construction: No
Story List: Main, Upper 1
Expected On Market: 2022-07-09
Federal Flood Zone: No
Year Built: 2016
Automatically Close On Close Date: No
Building Winterized: No
Remarks Public: SHOWINGS BEGIN SATURDAY JULY 9TH - PROFESSIONAL PHOTOS UPLOADED THE DAY BEFORE..... WOW! CUSTOM COASTAL COLONIAL BUILT IN 2016 JUST A SHORT STROLL TO THE BEACH; THE RESTAURANTS & SHOPS ON REHOBOTH AVENUE; OR LAKE GERAR * FANTASTIC LAYOUT INCLUDING BOTH MAIN LEVEL & TOP LEVEL PRIMARY SUITES* TOP LEVEL INCLUDES FOUR TOTAL BEDROOMS THREE FULL BATHROOMS & LOFT AREA * OPEN LAYOUT ON THE MAIN LEVEL WITH 9' COFFERED CEILINGS AND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT (ON BOTH LEVELS) * GOURMET KITCHEN W/GRANITE COUNTERS/STAINLESS STEEL APPLIANCES/CUSTOM LIGHTING/GATHERING ISLAND* SEPARATE DINING ROOM AREA & FAMILY ROOM W/GAS FIREPLACE* 2ND MASTER SUITE PRIVATELY SITED IN THE REAR OF THE HOME ADJACENT TO THE DEN AREA AND REAR DECK* FENCED (6' SOLID) REAR YARD INCLUDING A LARGE STORAGE SHED* ABSOLUTELY A FANTASTIC HOME IN A FANTASTIC LOCATION THAT HAS NEVER BEEN RENTED SOLD COMPLETELY FURNISHED!
Special Features: VirtualTour
Property Sub Type: Detached

Interior Features

Appliances: Cooktop, Dishwasher, Disposal, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Double, Washer, Water Heater - Tankless, Built-In Microwave, Exhaust Fan, Stainless Steel Appliances, Dryer - Electric, Dryer - Front Loading
Flooring Type: Hardwood, Tile/Brick
Interior Amenities: Attic/House Fan, Breakfast Area, Entry Level Bedroom, Ceiling Fan(s), Window Treatments, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Wood Floors, Built-Ins, Crown Moldings, Primary Bath(s)
Window Features: Insulated, Screens
Fireplace Features: Gas/Propane
Fireplaces Count: 1
Fireplace: Yes
Door Features: Insulated
Wall Ceiling Types: Vaulted Ceilings, 9'+ Ceilings
Foundation Details: Concrete Perimeter, Crawl Space
Levels Count: 2
Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Laundry, Loft, Primary Bathroom
Basement: No
Laundry Type: Main Floor, Has Laundry
Total Sq Ft: 2999
Living Area Sq Ft: 2999
Price Per Sq Ft: 1167.06
Above Grade Finished Sq Ft: 2999
Above Grade Finished Area Units: Square Feet
Street Number Modifier: 48

Beds/Baths

Bedrooms: 5
Main Level Bedrooms: 1
Total Bathrooms: 5
Full Bathrooms: 4
Half Bathrooms: 1
Main Level Bathrooms: 2.00
Upper Level Bathrooms: 3
Upper Level Bathrooms: 3.00
Main Level Full Bathrooms: 1
Upper Level Full Bathrooms: 3
Main Level Half Bathrooms: 1

Exterior Features

Other Structures: Above Grade, Below Grade
Other Structures List: Shed
Construction Materials: Stick Built, Hardiplank Type, Wood Siding
Exterior Features: Outside Shower, Exterior Lighting, Secure Storage, Sidewalks, Street Lights
Roof: Architectural Shingle, Metal
Water Access: No
Waterfront: No
Water Oriented: No
Pool: No Pool
Tidal Water: No
Water View: No

Garage/Parking

Garage: No
Parking Features: Brick Driveway
Total Garage And Parking Spaces: 3
Type Of Parking: Off Street, Driveway, On Street
Number of Spaces in Driveway: 3

Utilities

Central Air Conditioning: Yes
Cooling Fuel: Electric
Cooling Type: Central A/C, Zoned
Heating Fuel: Electric
Heating Type: Forced Air
Heating: Yes
Hot Water: Tankless, Propane
Security: Security System, Smoke Detector, Surveillance Sys
Sewer/Septic System: Public Sewer
Utilities: Cable Tv, Propane
Water Source: Public
Internet Services: Cable

Condo/Co-op/Association

Condo Co-Op Association: No
HOA Condo Co-Op Amenities: Beach
HOA: No
Senior Community: No
Association Recreation Fee: No

Schools

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

Green Features

Clean Green Assessed: No

Lot Info

Fencing: Rear, Privacy, Vinyl
Improvement Assessed Value: 32900.00
Land Assessed Value: 12500.00
Land Use Code: RS
Lot Features: Cleared, Landscaping, Front Yard, Level, Premium, Rear Yard
Lot Size Acres: 0.11
Lot Dimensions: 50.00 x 100.00
Lot Size Units: Square Feet
Lot Sq Ft: 4791.60
Outdoor Living Structures: Deck(s), Porch(es), Balcony
Property Condition: Excellent
Year Assessed: 2021
Zoning: TN
In City Limits: Yes

Rental Info

Ground Rent Exists: No
Lease Considered: No
Pets: Dogs Ok
Pets Allowed: Yes
Vacation Rental: No
Property Manager: No

Tax Info

Assessor Parcel Number: 5195817
School Tax: 1936.00
Tax Annual Amount: 3041.00
Assessor Parcel Number: 334-14.13-378.00
Tax Lot: 48
Tax Total Finished Sq Ft: 1386
County Tax Payment Frequency: Annually
Tax Data Updated: No
Tax Year: 2021
Close Date: 08/17/2022

MLS Schools

School District Name: CAPE HENLOPEN

Ownership History

Aug 2022 - Present Rachuba Rehoboth Llc 2 Years and 10 Months

Company

Purchase Details

Listed on

Jul 8, 2022

Closed on

Aug 10, 2022

Sold by

Stmb Llc

Bought by

Rachuba Rehoboth Llc

Seller's Agent

Steve Allnutt

RE/MAX Advantage Realty

Buyer's Agent

Steve Allnutt

RE/MAX Advantage Realty

List Price

$3,500,000

Sold Price

$3,600,000

Premium/Discount to List

$100,000

2.86%

Total Days on Market

Views

Current Estimated Value

$3,416,616

Estimated Appreciation

-$183,384

Avg. Annual Appreciation

-1.83%

Feb 2018 - Aug 2022 Stmb Llc 4 Years and 6 Months

Company

Purchase Details

Listed on

Nov 3, 2017

Closed on

Feb 23, 2018

Sold by

Thomas O Zupon Ret

Bought by

Stmb Llc

Seller's Agent

David Green

Monument Sotheby's International Realty

Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

List Price

$2,195,000

Sold Price

$2,025,000

Premium/Discount to List

-$170,000

-7.74%

Avg. Annual Appreciation

13.77%

Jan 2017 - Feb 2018 Thomas O Zupon Rev Trust Dated Dec 21 20 1 Year and 1 Month

Private Individual

Purchase Details

Listed on

Oct 29, 2015

Closed on

Jan 5, 2017

Sold by

Lisa M Gamuciello Rev Trust

Bought by

Thomas O Zupon Rev Trust Dated Dec 21 20

Seller's Agent

Tracy Kelley

Jack Lingo - Rehoboth

Buyer's Agent

DERRICK LINGO

Jack Lingo - Rehoboth

List Price

$1,995,000

Sold Price

$1,860,000

Premium/Discount to List

-$135,000

-6.77%

Avg. Annual Appreciation

7.60%

Original Mortgage

$800,000

Interest Rate

4.13%

Mortgage Type

New Conventional

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Rachuba Rehoboth Llc	$3,600,000	Law Office Of Saagar B Shah
Stmb Llc	$1,925,000	--
Thomas O Zupon Rev Trust Dated Dec 21 20	$1,860,000	None Available

Source: Public Records

Mortgage History

Date	Status	Borrower	Loan Amount
	Previous Owner	Thomas O Zupon Rev Trust Dated Dec 21 20	$800,000
	Previous Owner	Lisa M Gamuciello Revocable Trust	$2,680,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
08/17/2022 08/17/22	Sold	$3,600,000	+2.9%	$1,200 / Sq Ft
07/17/2022 07/17/22	Pending	--	--	--
07/08/2022 07/08/22	For Sale	$3,500,000	+72.8%	$1,167 / Sq Ft
03/04/2018 03/04/18	Sold	$2,025,000	-6.9%	$675 / Sq Ft
02/13/2018 02/13/18	Pending	--	--	--
12/21/2017 12/21/17	Price Changed	$2,175,000	-0.9%	$725 / Sq Ft
11/03/2017 11/03/17	For Sale	$2,195,000	+18.0%	$732 / Sq Ft
01/06/2017 01/06/17	Sold	$1,860,000	-6.8%	$620 / Sq Ft
08/30/2016 08/30/16	Pending	--	--	--
10/29/2015 10/29/15	For Sale	$1,995,000	--	$665 / Sq Ft

Source: Bright MLS

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	$2,238	$45,400	$12,500	$32,900
2023	$2,236	$45,400	$12,500	$32,900
2022	$2,158	$45,400	$12,500	$32,900
2021	$2,138	$45,400	$12,500	$32,900
2020	$2,131	$45,400	$12,500	$32,900
2019	$2,135	$45,400	$12,500	$32,900
2018	$1,994	$45,400	$0	$0
2017	$1,909	$45,400	$0	$0
2016	$1,814	$45,400	$0	$0
2015	$477	$12,500	$0	$0
2014	$474	$12,500	$0	$0

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2022

Steve Allnutt

RE/MAX

(410) 336-7787

4 in this area

261 Total Sales

Steve Allnutt
D

Seller's Agent in 2018

David Green

OCEAN ATLANTIC SOTHEBYS

(302) 245-4794

2 in this area

14 Total Sales

David Green
D

Seller Co-Listing Agent in 2018

Dale Brown

NextHome Tomorrow Realty

5 in this area

18 Total Sales

Dale Brown
d

Buyer's Agent in 2018

datacorrect BrightMLS

Non Subscribing Office

datacorrect BrightMLS
Seller's Agent in 2017

Tracy Kelley

Jack Lingo - Rehoboth

(302) 227-3883

30 in this area

46 Total Sales

Tracy Kelley
D

Buyer's Agent in 2017

DERRICK LINGO

Jack Lingo - Rehoboth

See All Agents

Map

Source: Bright MLS

MLS Number: DESU2024304

APN: 334-14.13-378.00

Delaware Sussex County Rehoboth Beach 19971

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The Peninsula

48 Maryland Ave Rehoboth Beach, DE 19971

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Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Similar Homes in Rehoboth Beach, DE

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map