NOT LISTED FOR SALE

5 Lakewood Shore Dr Rehoboth Beach, DE 19971

Estimated Value: $951,000 - $1,138,000

3 Beds
2.5 Baths
2,588 Sq Ft
$393/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $935,000 $361 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,877/month

1 Day on Market

Highlights

  • 131 Feet of Waterfront
  • Fitness Center
  • View of Trees or Woods
  • Rehoboth Elementary School Rated A
  • Water Oriented
  • 0.54 Acre Lot

About This Home

As of June 2024

**Welcome to Your Tranquil Oasis in The Glade Community**Nestled within the prestigious Glade community, this meticulously maintained 3-bedroom residence offers a serene retreat from the everyday hustle and bustle. Boasting captivating pond views teeming with diverse birds and wildlife. Complemented by a screened-in porch, this home invites you to savor the beauty of nature from the comfort of your own abode. Updated hardscape adds to the inviting pond view from patio, screened room or outside deck for grilling. Underground propane bib connection for your grilling ease. As you step inside, the updated and refinished wood flooring guides you through the inviting living spaces, exuding warmth and elegance. The thoughtful updates extend to the ceramic flooring and modernized showers in two of the 2.5 baths, ensuring both style and functionality. Open kitchen with room for dining space opens into that comfortable room to relax with the gas fireplace and view of the pond.This residence seamlessly blends modern amenities with timeless charm, offering the flexibility of a possible 4th bedroom to accommodate your evolving needs. Whether you're hosting family gatherings or enjoying quiet evenings, the open layout provides ample space for relaxation and entertainment. Attached side loading 2 car garage with plenty of storage space. The allure of The Glade community extends beyond the confines of this exceptional home. Residents enjoy exclusive access to a wealth of amenities, including a large inground pool, clay tennis courts, and a clubhouse, fostering a vibrant and active lifestyle. Take leisurely strolls along the scenic pathways, or unwind in the tranquil ambiance of the community gazebos, all while reveling in the picturesque views that define The Glade experience.Recent updates and improvements ensure peace of mind and comfort for years to come. With a new roof and HVAC systems installed in 2024, as well as refinished flooring, new flooring in pantry, separate laundry space with fresh interior paint, this home exemplifies turnkey convenience. Additionally, the crawl space treated beams with new vapor barrier and insulation, completed in 2020, underscores a commitment to quality and efficiency. Underground irrigation with separate private well. Experience the epitome of waterfront living and community camaraderie in The Glade. Schedule your private tour today and discover the unparalleled beauty and charm of this exceptional property.

Last Agent to Sell the Property

David Crider

Berkshire Hathaway HomeServices PenFed Realty License #RS-0036924 Listed on: 05/17/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Michael Kennedy

Compass License #RS-0024358

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1998

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 131.00 x 200.00
  • 131 Feet of Waterfront
  • Partially Fenced Property
  • Stone Retaining Walls
  • Decorative Fence
  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned AR-1

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Pond
  • Woods

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,588 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Crawl Space
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Shared Waterfront
  • Deck
  • Patio

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Back Up Gas Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Propane Water Heater

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 334-07.00-225.00

Community Details

Overview

  • $600 Capital Contribution Fee
  • Association fees include common area maintenance, management, road maintenance, snow removal, pool(s)
  • The Glade Property Owners Association
  • The Glade Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Library

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Lap or Exercise Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1998

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-18
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: **Welcome to Your Tranquil Oasis in The Glade Community** Nestled within the prestigious Glade community, this meticulously maintained 3-bedroom residence offers a serene retreat from the everyday hustle and bustle. Boasting captivating pond views teeming with diverse birds and wildlife. Complemented by a screened-in porch, this home invites you to savor the beauty of nature from the comfort of your own abode. Updated hardscape adds to the inviting pond view from patio, screened room or outside deck for grilling. Underground propane bib connection for your grilling ease. As you step inside, the updated and refinished wood flooring guides you through the inviting living spaces, exuding warmth and elegance. The thoughtful updates extend to the ceramic flooring and modernized showers in two of the 2.5 baths, ensuring both style and functionality. Open kitchen with room for dining space opens into that comfortable room to relax with the gas fireplace and view of the pond. This residence seamlessly blends modern amenities with timeless charm, offering the flexibility of a possible 4th bedroom to accommodate your evolving needs. Whether you're hosting family gatherings or enjoying quiet evenings, the open layout provides ample space for relaxation and entertainment. Attached side loading 2 car garage with plenty of storage space. The allure of The Glade community extends beyond the confines of this exceptional home. Residents enjoy exclusive access to a wealth of amenities, including a large inground pool, clay tennis courts, and a clubhouse, fostering a vibrant and active lifestyle. Take leisurely strolls along the scenic pathways, or unwind in the tranquil ambiance of the community gazebos, all while reveling in the picturesque views that define The Glade experience. Recent updates and improvements ensure peace of mind and comfort for years to come. With a new roof and HVAC systems installed in 2024, as well as refinished flooring, new flooring in pantry, separate laundry space with fresh interior paint, this home exemplifies turnkey convenience. Additionally, the crawl space treated beams with new vapor barrier and insulation, completed in 2020, underscores a commitment to quality and efficiency. Underground irrigation with separate private well. Experience the epitome of waterfront living and community camaraderie in The Glade. Schedule your private tour today and discover the unparalleled beauty and charm of this exceptional property.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Front Loading, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Wood Floors, Kitchen - Eat-In, Primary Bath(s), Soaking Tub, Window Treatments, Crown Moldings
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 2588
  • Living Area Sq Ft: 2588
  • Price Per Sq Ft: 361.28
  • Above Grade Finished Sq Ft: 2588
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Stone Retaining Walls, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • View: Pond, Trees/Woods
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 131

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump - Gas Backup, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 473.12
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Fitness Center, Library, Meeting Room, Party Room, Pool - Outdoor, Racquet Ball, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Road Maintenance, Snow Removal, Pool(s)
  • HOA Name: THE GLADE PROPERTY OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground, Lap/Exercise, Concrete

Fee Information

  • Capital Contribution Fee: 600.00

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Decorative
  • Land Use Code: 999
  • Lot Size Acres: 0.54
  • Lot Dimensions: 131.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 1866.00
  • Tax Annual Amount: 2051.00
  • Assessor Parcel Number: 334-07.00-225.00
  • Tax Lot: 84
  • Tax Total Finished Sq Ft: 716
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/10/2024

Multi Family

  • Waterfront Features: Shared

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 10, 2024
Sold by
Allamong Ricky H and Roach Walter C
Bought by
John Whitcomb Dunkle And Tom G Wright Living and Wright
Seller's Agent
David Crider
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Michael Kennedy
Compass
List Price
$935,000
Sold Price
$935,000
Views
10
Current Estimated Value
$1,018,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,360
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
May 9, 1995
Bought by
Allamong Ricky H Walter C Roach
Source: Public Records

Range of Values:

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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
John Whitcomb Dunkle And Tom G Wright Living $935,000 None Listed On Document
Allamong Ricky H Walter C Roach -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $935,000 0.0% $361 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $935,000 -- $361 / 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 $2,053 $41,650 $9,850 $31,800
2023 $1,551 $41,650 $9,850 $31,800
2022 $1,480 $41,650 $9,850 $31,800
2021 $1,561 $41,650 $9,850 $31,800
2020 $1,555 $41,650 $9,850 $31,800
2019 $1,558 $41,650 $9,850 $31,800
2018 $1,429 $41,650 $0 $0
2017 $1,352 $41,650 $0 $0
2016 $1,164 $41,650 $0 $0
2015 $1,340 $41,650 $0 $0
2014 $1,258 $41,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2059750

Bright MLS

APN: 334-07.00-225.00