NOT LISTED FOR SALE

5 Lighthouse Dr Rehoboth Beach, DE 19971

Estimated Value: $329,824 - $589,000

3 Beds
2 Baths
1,736 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $355,000 $204 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,458/month

5 Days on Market

Highlights

  • 0.49 Acre Lot
  • Rambler Architecture
  • Solar owned by a third party
  • Rehoboth Elementary School Rated A
  • 1 Car Direct Access Garage
  • More Than Two Accessible Exits

About This Home

As of September 2023

This 3 bedroom 2 bath rancher is ideal for the buyer who wants to be by the beach, bike trails, State Park. Located on a low traffic, quiet street.
East of Route 1 near the Tanger outlets, Giant, and Walgreens.
This nearly 1/2 acre of land with room to expand up, out, or just build a new home. Ideal location for investors; great rental possibilities.

Last Agent to Sell the Property

Scott Egloff

Long & Foster Real Estate, Inc. License #651561 Listed on: 08/04/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 2004

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 95.00 x 229.00
  • Property is in average condition

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 6 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Frame Construction
  • Wood Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • Property has 1 Level
  • Dining Area
  • Carpet
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Eco-Friendly Details

  • Solar owned by a third party
  • Solar Heating System
  • Heating system powered by active solar

Schools

  • Cape Henlopen High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 334-07.00-93.00

Community Details

Overview

  • Breakwater Estates Home Owners Association
  • Breakwater Estates Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,210

Year Built

Built in 2004

Lot Details

0

HOA Fees

$43 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Manufactured
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: solar panel lease
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-05
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Dining Area
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1736
  • Living Area Sq Ft: 1736
  • Price Per Sq Ft: 167.04
  • Above Grade Finished Sq Ft: 1736
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

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, Aluminum Siding
  • Roof: Wood
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Solar
  • Heating Type: Solar - Active
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 520.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: BREAKWATER ESTATES HOME OWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.49
  • Lot Dimensions: 95.00 x 229.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: GR
  • In City Limits: No

Green Features

  • Green Power: Pv Solar Array(s) Leased
  • Green Remarks: tesla solar panels

Rental Info

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

Tax Info

  • School Tax: 1096.00
  • Tax Annual Amount: 1210.00
  • Assessor Parcel Number: 334-07.00-93.00
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 1736
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 28, 2023
Sold by
Proud Theresa J
Bought by
Rkw Properties Llc
Seller's Agent
Scott Egloff
Long & Foster Real Estate, Inc.
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$289,990
Sold Price
$355,000
Premium/Discount to List
$65,010
22.42%
Views
311
Current Estimated Value
$416,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,206
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Apr 13, 2000
Bought by
Proud George D and Proud Theresa J
Source: Public Records

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Range of Values:

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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
Rkw Properties Llc -- None Listed On Document
Proud George D $32,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Proud George D $258,375
Previous Owner Proud George D $266,274
Previous Owner Proud George D $258,250
Previous Owner Proud George D $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $355,000 +22.4% $204 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $289,990 -- $167 / 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 $1,254 $25,450 $9,500 $15,950
2023 $753 $25,450 $9,500 $15,950
2022 $710 $25,450 $9,500 $15,950
2021 $798 $25,450 $9,500 $15,950
2020 $795 $25,450 $9,500 $15,950
2019 $797 $25,450 $9,500 $15,950
2018 $718 $25,450 $0 $0
2017 $670 $25,450 $0 $0
2016 $608 $25,450 $0 $0
2015 $584 $25,450 $0 $0
2014 $571 $25,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2044602

Bright MLS

APN: 334-07.00-93.00