NOT LISTED FOR SALE

505 Jones Ln Rehoboth Beach, DE 19971

Estimated Value: $537,000 - $2,738,000

4 Beds
2.5 Baths
-- Sq Ft
2013 Built

Last Sold April 30, 2014

Last sale price $938,985

Est. 81% increase in value since last sale

Current estimated payment $9,646/month

231 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Living Room
  • Rehoboth Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Rehoboth Canal Walk

About This Home

As of April 2014

Be a charter resident of Rehoboth's newest community of elegant, energy-efficient homes! Spacious beach cottage to be built by Evergreene Homes w/ HW & granite kitchen, first floor owners' suite, 1 car garage, Hardi-Plank siding all standard; options and further upgrades available. Lot overlooks canal. Close to shops and dining.

Last Agent to Sell the Property

DEBBIE REED

RE/MAX Realty Group-Rehoboth Beach Listed on: 02/23/2013

RE/MAX Realty Group-Rehoboth Beach

Last Buyer's Agent

JOSEPH MAGGIO

JOE MAGGIO REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 5,015 Sq Ft Lot
  • Irregular Lot
  • Property is zoned TC

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, snow removal
  • $1,000 Other One-Time Fees

Listing and Financial Details

  • Assessor Parcel Number 334-13.2-176

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,440

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Island, Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Fee Information

  • Other Fees: 1000.00
  • Other Fees Frequency: One Time

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Irregular
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5015.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: TC

Green Features

  • Green Remarks: HERS <90 Cert
  • R Factor Ceilings: R38
  • R Factor Ext Walls: R15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-13.2-176
  • Tax Year: 2012
  • Close Date: 04/30/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2013
Closed on
Jan 14, 2015
Bought by
Brady Kevin D and Brady Valerie J
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$909,000
Sold Price
$1,037,213
Premium/Discount to List
$128,213
14.1%
Current Estimated Value
$1,701,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,233
Avg. Annual Appreciation
4.85%

Purchase Details

Listed on
Apr 22, 2011
Closed on
Feb 22, 2013
Sold by
Jml Beach Resort Properties Llc A Delawa
Bought by
The Evergreen Companies Llc A Virginia L
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.56%
Original Mortgage
$915,000
Interest Rate
3.45%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Brady Kevin D $1,037,212 --
The Evergreen Companies Llc A Virginia L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Evergreen Companies Llc A Virginia L $915,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $938,985 +3.3% --
10/12/2013 10/12/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $909,000 +127.3% --
02/22/2013 02/22/13 Sold $400,000 0.0% --
01/07/2013 01/07/13 Pending -- -- --
04/22/2011 04/22/11 For Sale $400,000 -- --
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 $1,440 $39,350 $7,800 $31,550
2023 $1,438 $39,350 $7,800 $31,550
2022 $1,370 $39,350 $7,800 $31,550
2021 $1,453 $39,350 $7,800 $31,550
2020 $1,447 $39,350 $7,800 $31,550
2019 $1,850 $39,350 $7,800 $31,550
2018 $1,728 $39,350 $0 $0
2017 $1,655 $39,350 $0 $0
2016 $1,572 $39,350 $0 $0
2015 $1,502 $39,350 $0 $0
2014 $296 $7,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001721802

Bright MLS

APN: 334-13.20-292.00