NOT LISTED FOR SALE

5 Clayton St Dewey Beach, DE 19971

Estimated Value: $638,029 - $4,759,000

6 Beds
7 Baths
3,568 Sq Ft
$794/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $3,200,000 $897 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $15,825/month

428 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Gourmet Kitchen
  • Rehoboth Elementary School Rated A
  • Access to Tidal Water
  • Open Floorplan

About This Home

As of December 2020

Beautifully designed and tastefully appointed oceanfront home situated in a highly desired Rehoboth By The Sea location in Dewey Beach! This stunning floorplan takes in the most captivating ocean and beach views from almost every room of this coastal beauty. Featuring 5-6 bedrooms, 5 full baths, 2 half baths, gourmet kitchen, island and wet bar, vaulted ceilings featuring rustic beams, gas fireplace, elevator, 2 car garage this home leaves little to be desired. The outdoor living space is just as exciting, featuring a rooftop deck, and multi-level balconies ideal for complete relaxation! The home also features a 2-car garage and storage area ideal for your beach gear! With a killer location, unparalleled views, and being sold fully furnished and turn key this home should not be overlooked!

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/12/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Dustin Oldfather

Compass License #RS-0017091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 2010

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Ocean Front
  • Home fronts navigable water
  • Cleared Lot
  • Property is in very good condition
  • Zoning described as Town Codes

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Architectural Shingle Roof
  • Piling Construction
  • HardiePlank Type
  • Stick Built Home

Interior Spaces

  • 3,568 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Dining Room
  • Storage Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near an ocean
  • Balcony
  • Deck

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Propane Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-20.14-212.02

Community Details

Overview

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,905

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2010
  • Automatically Close On Close Date: No
  • Remarks Public: Beautifully designed and tastefully appointed oceanfront home situated in a highly desired Rehoboth By The Sea location in Dewey Beach! This stunning floorplan takes in the most captivating ocean and beach views from almost every room of this coastal beauty. Featuring 5-6 bedrooms, 5 full baths, 2 half baths, gourmet kitchen, island and wet bar, vaulted ceilings featuring rustic beams, gas fireplace, elevator, 2 car garage this home leaves little to be desired. The outdoor living space is just as exciting, featuring a rooftop deck, and multi-level balconies ideal for complete relaxation! The home also features a 2-car garage and storage area ideal for your beach gear! With a killer location, unparalleled views, and being sold fully furnished and turn key this home should not be overlooked!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Double, Oven - Wall, Range Hood, Six Burner Stove, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Entry Level Bedroom, Ceiling Fan(s), Elevator, Skylight(s), Wet/Dry Bar, Built-Ins, Combination Dining/Living, Combination Kitchen/Living, Exposed Beams, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Recessed Lighting, Bathroom - Soaking Tub, Bathroom - Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Insulated, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings, 9'+ Ceilings, Beamed Ceilings
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room Count: 11
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Kitchen, Great Room, Laundry, Storage Room, Additional Bedroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Upper Floor, Washer In Unit
  • Total Sq Ft: 3568
  • Living Area Sq Ft: 3568
  • Net Sq Ft: 3568.00
  • Price Per Sq Ft: 1036.72
  • Above Grade Finished Sq Ft: 3568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 6
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Shared Driveway, Brick Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Leased, Electric
  • Heating Type: Heat Pump(s), Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Propane
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Land Use Code: RS
  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Good, Very Good
  • Zoning: RESIDENTIAL
  • Zoning Description: Town Codes
  • In City Limits: Yes

Building Info

  • Building Features: Elevator

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3845.93
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4905.42
  • Assessor Parcel Number: 334-20.14-212.02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 12/28/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Dec 23, 2020
Sold by
East Clayton Llc
Bought by
Mackey Jason L
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Dustin Oldfather
Compass
List Price
$3,699,000
Sold Price
$3,200,000
Premium/Discount to List
-$499,000
-13.49%
Current Estimated Value
$2,831,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$368,657
Avg. Annual Appreciation
-2.07%
Original Mortgage
$2,200,000
Outstanding Balance
$1,981,085
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$921,629
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
Mackey Jason L $3,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackey Jason L $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $3,200,000 -13.5% $897 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $3,699,000 -- $1,037 / 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
2024 $4,772 $90,350 $25,000 $65,350
2023 $4,768 $90,350 $25,000 $65,350
2022 $4,613 $90,350 $25,000 $65,350
2021 $4,573 $90,350 $25,000 $65,350
2020 $4,559 $90,350 $25,000 $65,350
2019 $4,544 $90,350 $25,000 $65,350
2018 $3,968 $90,350 $0 $0
2017 $3,800 $90,350 $0 $0
2016 $3,617 $90,350 $0 $0
2015 $3,457 $90,350 $0 $0
2014 $3,432 $90,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU100159

Bright MLS

APN: 334-20.14-212.02