NOT LISTED FOR SALE

5 Colgate Dr Rehoboth Beach, DE 19971

Estimated Value: $469,615 - $515,000

3 Beds
2 Baths
1,232 Sq Ft
$397/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2025

Last sale price $460,000 $373 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,723 / mo

109 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Main Floor Bedroom
  • Rehoboth Elementary School Rated A
  • Rambler Architecture
  • Upgraded Countertops

About This Home

As of February 2025

First-floor living in Rehoboth Beach! 5 Colgate Drive is a completely renovated 3 bedroom, 2 bath ranch-style home in the popular community of Maplewood. In preparation for its new owners, the entire home has been tastefully updated with luxury vinyl plank flooring, new interior lighting fixtures, and neutral paint throughout. The kitchen features brand-new granite countertops and leads to an enclosed four-season room. Relax in the sunlight that streams through the large windows or take your coffee to the spacious back deck to enjoy your large backyard with all-new landscaping. The front of the house also features all-new landscaping and a spacious front porch. The oversized driveway and garage have plenty of space for parking or storage. You’ll love the Epoxy coating that has been recently applied to the garage floor! The community features amenities such as a pool, clubhouse, and common grounds – all for your enjoyment! Located not far from Route 1, this home is conveniently located minutes away from all Route 1 attractions, high-quality dining and shopping, the Gordon Pond Wildlife Area, and Downtown Rehoboth Beach. Situated in the sought-after Cape Henlopen School District, this home would make the perfect full-time residence or a fun summer getaway! Don’t miss out on this charming gem. Schedule your private showing today!

Last Agent to Sell the Property

Carrie Lingo

(302) 645-2207 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 10/09/2024

Jack Lingo - Lewes

Last Buyer's Agent

Carrie Lingo

(302) 645-2207 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 10/09/2024

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 95.00 x 155.00
  • Landscaped
  • Property is zoned MR

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Dining Area
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-273.00

Community Details

Overview

  • Association fees include common area maintenance, pool(s), reserve funds, road maintenance
  • Maplewood Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1994

Lot Details

10,019 Sq Ft Lot

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-10-11
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Bathroom - Tub Shower, Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Pantry, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 397.65
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, 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: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Reserve Funds, Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.23
  • Lot Dimensions: 95.00 x 155.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: MR
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 957.00
  • Tax Annual Amount: 1052.00
  • Assessor Parcel Number: 334-12.00-273.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Feb 17, 2025
Sold by
Bought by
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Views
170
Current Estimated Value
$489,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,654
Avg. Annual Appreciation
4.85%

Purchase Details

Listed on
Mar 27, 2023
Closed on
Feb 14, 2023
Sold by
Bought by
Seller's Agent
Michael Klecko
Jack Lingo - Lewes
Buyer's Agent
Michael Klecko
Jack Lingo - Lewes
Sold Price
$2,500
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$262,500
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 1993
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 None Listed On Document
$460,000 None Listed On Document
$350,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $262,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $460,000 -6.1% $373 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
10/09/2024 10/09/24 For Sale $489,900 0.0% $398 / Sq Ft
04/14/2023 04/14/23 Rented $2,500 0.0% --
04/11/2023 04/11/23 Under Contract -- -- --
03/27/2023 03/27/23 For Rent $2,500 0.0% --
02/17/2023 02/17/23 Sold $350,000 -8.6% $284 / Sq Ft View Prior Sale
01/10/2023 01/10/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $382,900 -4.3% $311 / Sq Ft
11/23/2022 11/23/22 Price Changed $399,900 -2.4% $325 / Sq Ft
11/13/2022 11/13/22 For Sale $409,900 +17.1% $333 / Sq Ft
11/10/2022 11/10/22 Off Market $350,000 -- --
11/10/2022 11/10/22 For Sale $409,900 -- $333 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $757 $21,350 $7,800 $13,550
2024 $1,052 $21,350 $7,800 $13,550
2023 $1,051 $21,350 $7,800 $13,550
2022 $245 $21,350 $7,800 $13,550
2021 $241 $21,350 $7,800 $13,550
2020 $239 $21,350 $7,800 $13,550
2019 $239 $21,350 $7,800 $13,550
2018 $226 $21,350 $0 $0
2017 $218 $21,350 $0 $0
2016 $211 $21,350 $0 $0
2015 $203 $21,350 $0 $0
2014 $199 $21,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2071582

Bright MLS

APN: 334-12.00-273.00

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