$4,700,000
SOLD JAN 6, 2025
5 Beds
4 Baths
2,770 Sq Ft
$250/mo HOA Fee

Recently Sold

$1,697 Per Sq Ft

6% Below List Price

111 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • Wood Flooring

About This Home

As of January 2025

A must see & truly one of a kind oceanfront townhome in the highly desirable neighborhood of North Shores in Rehoboth Beach. This end unit has been fully renovated from the studs out. The open floor plan on the main level flows from the beautiful oceanfront views to wonderful sunsets. Depending on how you want the layout to work for you it can be 5 to 6 bedrooms with 4 full bathrooms, stunning gourmet kitchen , wonderful one of a kind bathrooms and a oceanfront deck to enjoy and relax on with family and friends. Enjoy the beach and all the community has to offer with private beach, tennis courts and a swimming pool. Just a pedal away is the world class Gordon's Pond bike trail through the Delaware State Park. Call today for your private tour.

Last Agent to Sell the Property

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037 Listed on: 08/09/2024

Jack Lingo - Rehoboth

Last Buyer's Agent

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1969 | Remodeled in 2024

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 40.00 x 250.00
  • 50 Feet of Waterfront
  • Ocean Front

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Composite Building Materials

Interior Spaces

  • 2,770 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Ocean Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Flood Risk

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 334-08.17-13.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,588

Year Built

Built in 1969 | Remodeled in 2024

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-08-16
  • Federal Flood Zone: Yes
  • Year Built: 1969
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Dining Room, Kitchen, Family Room, Storage Room, Utility Room
  • Basement: No
  • Total Sq Ft: 2770
  • Living Area Sq Ft: 2770
  • Price Per Sq Ft: 1804.69
  • Above Grade Finished Sq Ft: 2770
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Composition, Frame
  • Roof: Asphalt
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 50

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: Electric
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 3000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 40.00 x 250.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2354.00
  • Tax Annual Amount: 2588.00
  • Assessor Parcel Number: 334-08.17-13.00
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Dec 23, 2024
Sold by
Suellen G Estrin Revocable Trust and Estrin Suellen G
Bought by
Bedell Jeffrey and Bedell Rachel
Seller's Agent
Tjark Bateman
Jack Lingo - Rehoboth
Buyer's Agent
Tracy Kelley
Jack Lingo - Rehoboth
List Price
$4,999,000
Sold Price
$4,700,000
Premium/Discount to List
-$299,000
-5.98%
Views
301
Current Estimated Value
$4,591,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,908
Avg. Annual Appreciation
-2.52%

Purchase Details

Closed on
Feb 3, 2015
Sold by
Suellen Suellen
Bought by
Estrin Suellen G and Wechsler Jay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $4,700,000 None Listed On Document
Deed $4,700,000 None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $4,700,000 -6.0% $1,697 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $4,999,000 -- $1,805 / 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 $10,359 $51,650 $24,800 $26,850
2024 $2,590 $51,650 $24,800 $26,850
2023 $2,544 $51,650 $24,800 $26,850
2022 $2,455 $51,650 $24,800 $26,850
2021 $2,432 $51,650 $24,800 $26,850
2020 $2,425 $51,650 $24,800 $26,850
2019 $2,428 $51,650 $24,800 $26,850
2018 $2,268 $51,650 $0 $0
2017 $2,172 $51,650 $0 $0
2016 $2,063 $51,650 $0 $0
2015 $1,971 $51,650 $0 $0
2014 $1,957 $51,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2063646

Bright MLS

APN: 334-08.17-13.00