NOT LISTED FOR SALE

5 Shankland Ct Rehoboth Beach, DE 19971

Estimated Value: $503,078 - $1,574,000

4 Beds
3.5 Baths
4,800 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $1,000,000 $208 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,693/month

Highlights

  • Eat-In Gourmet Kitchen
  • Golf Course View
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • 0.49 Acre Lot
  • Contemporary Architecture

About This Home

As of September 2022

IMPRESSIVE BY DESIGN! Experience the "royal treatment" of this magnificent beach community! This elegant 4 bedroom Kings Creek Country Club home set on the 17th hole, is a perfect venue for entertaining and relaxing. Spacious, welcoming rooms include formal dining room, living room, sunroom, and second-floor balcony. The open eat-in kitchen is the most popular room in the house! Compromise on nothing: a private setting in an amenity-rich golf community with easy access to downtown Rehoboth Beach, Coastal Highway's shopping and entertainment, and boundless natural beauty! Call today!

Last Agent to Sell the Property

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 03/24/2022

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 2000

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 81.00 x 220.00
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Property is zoned AR-1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,800 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Combination Kitchen and Living
  • Formal Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Storage Room
  • Golf Course Views
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 334-13.00-1022.00

Community Details

Overview

  • $100 Other One-Time Fees
  • Kings Creek CC Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 2000

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Fridge in laundry room
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-03-25
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: IMPRESSIVE BY DESIGN! Experience the "royal treatment" of this magnificent beach community! This elegant 4 bedroom Kings Creek Country Club home set on the 17th hole, is a perfect venue for entertaining and relaxing. Spacious, welcoming rooms include formal dining room, living room, sunroom, and second-floor balcony. The open eat-in kitchen is the most popular room in the house! Compromise on nothing: a private setting in an amenity-rich golf community with easy access to downtown Rehoboth Beach, Coastal Highway's shopping and entertainment, and boundless natural beauty! Call today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Disposal, Dishwasher, Dryer, Microwave, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Primary Bath(s), Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wet/Dry Bar
  • Window Features: Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Kitchen, Library, Foyer, Sun/Florida Room, Office, Storage Room, Bathroom 2, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 4800
  • Living Area Sq Ft: 4800
  • Price Per Sq Ft: 229.17
  • Above Grade Finished Sq Ft: 4800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Stucco
  • Exterior Features: Awning(s), Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • View: Golf Course
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 725.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 100.00
  • Other Fees Frequency: One Time

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 53200.00
  • Land Assessed Value: 9350.00
  • Land Use Code: RS
  • Lot Features: Landscaping, Cul-De-Sac
  • Lot Size Acres: 0.49
  • Lot Dimensions: 81.00 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2021
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5190825
  • School Tax: 2667.00
  • Tax Annual Amount: 2946.00
  • Assessor Parcel Number: 334-13.00-1022.00
  • Tax Lot: 113
  • Tax Total Finished Sq Ft: 1532
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/16/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Sep 14, 2022
Sold by
Karapurkar Kisan Y and Karapurkar Prabhat K
Bought by
Santiago Jesse and Rosenfeld Gabrielle F
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,000,000
Premium/Discount to List
-$350,000
-25.93%
Views
7
Current Estimated Value
$1,209,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,270
Avg. Annual Appreciation
6.43%
Original Mortgage
$400,000
Outstanding Balance
$381,343
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$827,927

Purchase Details

Closed on
Nov 30, 2018
Sold by
Prabhat K Karapurkar Ret
Bought by
Karapurkas Kisan Y and Karapurkas Prabhat K

Purchase Details

Closed on
Dec 29, 1998
Bought by
Karapurkar Prabhat K (Trustee)
Source: Public Records

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
Santiago Jesse $1,000,000 --
Karapurkas Kisan Y -- --
Karapurkar Prabhat K (Trustee) $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Jesse $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $1,000,000 -9.1% $208 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $1,100,000 -12.0% $229 / Sq Ft
04/15/2022 04/15/22 Price Changed $1,250,000 -7.4% $260 / Sq Ft
03/24/2022 03/24/22 For Sale $1,350,000 -- $281 / 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 $2,665 $62,550 $9,350 $53,200
2024 $3,083 $62,550 $9,350 $53,200
2023 $3,080 $62,550 $9,350 $53,200
2022 $2,473 $62,550 $9,350 $53,200
2021 $2,546 $62,550 $9,350 $53,200
2020 $2,537 $62,550 $9,350 $53,200
2019 $2,541 $62,550 $9,350 $53,200
2018 $2,347 $62,550 $0 $0
2017 $2,230 $62,550 $0 $0
2016 $1,999 $62,550 $0 $0
2015 $1,887 $62,550 $0 $0
2014 $1,870 $62,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2018356

Bright MLS

APN: 334-13.00-1022.00