NOT LISTED FOR SALE

5 Stockley St Rehoboth Beach, DE 19971

Estimated Value: $671,651 - $5,333,000

4 Beds
3.5 Baths
3,000 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $3,200,000 $1,067 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $18,670/month

14 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Contemporary Architecture
  • Rehoboth Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2021

"Dune House," is an architecturally admired home with a remarkable location just 2 doors from the ocean. Enjoy the Southern Exposure in this ultimate sanctuary with ocean views and ocean breezes inside and out! The outdoor living becomes a lifestyle with 2 levels of stunning Brazilian IPE wood decking, and an exclusive sundeck expands across the entire rooftop! The owner can always find a favorite place to enjoy sun or shade, sunrise and sunset. After a day at the beach, enjoy your own large private outdoor shower! Inside, an elevator comfortably connects 3 stories. The second level provides a gourmet kitchen and open living area for all to gather. Beauty abounds with the architectural staircases and stone fireplace. Natural light floods in through a 3 story 300 sqft. Kalwall glass window wall. Grounded lightning rods protect all modern electronics. Private covered parking for all vehicle types and all weather conditions. The home's structure of concrete pilings and steel framing means that it will stand tall and distinguished for years to come. Spectacular Sunrises and Sunsets, Full Moon Glows, and Star Gazing from the decks and rooftop!

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 10/15/2020

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 2006

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • South Facing Home
  • Property is in very good condition
  • Property is zoned TC, Town Codes

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Frame Construction
  • Piling Construction
  • Masonry

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Wet Bar
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Ocean Views
  • Crawl Space
  • Attic

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Cape Henlopen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane Water Heater

Additional Features

  • Accessible Elevator Installed
  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association
  • Built by Hoenen and Mitchel
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.06-9.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,123

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-15
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: "Dune House," is an architecturally admired home with a remarkable location just 2 doors from the ocean. Enjoy the Southern Exposure in this ultimate sanctuary with ocean views and ocean breezes inside and out! The outdoor living becomes a lifestyle with 2 levels of stunning Brazilian IPE wood decking, and an exclusive sundeck expands across the entire rooftop! The owner can always find a favorite place to enjoy sun or shade, sunrise and sunset. After a day at the beach, enjoy your own large private outdoor shower! Inside, an elevator comfortably connects 3 stories. The second level provides a gourmet kitchen and open living area for all to gather. Beauty abounds with the architectural staircases and stone fireplace. Natural light floods in through a 3 story 300 sqft. Kalwall glass window wall. Grounded lightning rods protect all modern electronics. Private covered parking for all vehicle types and all weather conditions. The home's structure of concrete pilings and steel framing means that it will stand tall and distinguished for years to come. Spectacular Sunrises and Sunsets, Full Moon Glows, and Star Gazing from the decks and rooftop!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Microwave, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Elevator, Entry Level Bedroom, Kitchen - Island, Pantry, Wet/Dry Bar
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Crawl Space, Pilings
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen
  • Basement: No
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1166.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Frame, Concrete
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Propane - Leased
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: TC
  • Zoning Description: Town Codes
  • In City Limits: Yes

Building Info

  • Builder Name: Hoenen and Mitchel

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5202892
  • Assessor Parcel Number: 334-20.06-9.04
  • Close Date: 01/21/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 20, 2021
Sold by
Linda J George T
Bought by
Fishkin Zair and Nengel-Fishkin Darby R
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Total Days on Market
14
Current Estimated Value
$3,264,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,550
Avg. Annual Appreciation
0.46%
Original Mortgage
$2,400,000
Outstanding Balance
$2,167,476
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,097,074

Purchase Details

Closed on
Jan 7, 2016
Sold by
Horsey Henry R and George Horsey Linda
Bought by
Indenture Of Trust Of Linda J George
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
Fishkin Zair $3,200,000 None Available
Indenture Of Trust Of Linda J George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishkin Zair $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $3,200,000 -8.6% $1,067 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $3,500,000 +2502.2% $1,167 / Sq Ft
05/10/2018 05/10/18 Sold $134,500 -3.6% $47 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $139,500 -6.7% $49 / Sq Ft
06/07/2017 06/07/17 For Sale $149,500 -- $52 / 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 $4,123 $83,650 $25,000 $58,650
2023 $4,119 $83,650 $25,000 $58,650
2022 $3,976 $83,650 $25,000 $58,650
2021 $3,939 $83,650 $25,000 $58,650
2020 $3,927 $83,650 $25,000 $58,650
2019 $3,933 $83,650 $25,000 $58,650
2018 $3,673 $83,650 $0 $0
2017 $3,518 $83,650 $0 $0
2016 $3,341 $83,650 $0 $0
2015 $2,693 $83,650 $0 $0
2014 $2,669 $83,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171356

Bright MLS

APN: 334-20.06-9.04