Seller's Agent in 2019
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
184 in this area
345 Total Sales
515 New Castle Street Extended Rehoboth Beach, DE 19971
Estimated Value: $1,433,000 - $1,619,000
2
Beds
2
Baths
1,300
Sq Ft
$1,143/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Open Floorplan
- Deck
- Rehoboth Elementary School Rated A
- Coastal Architecture
- Marble Flooring
About This Home
As of October 2019This classic 1960's bungalow has been reimagined and tailored for today's casually sophisticated year-round shore life. "Cedar House" is perfectly located just 5 short blocks from the ocean and an 8-minute walk to Rehoboth Avenue in an established tree-lined neighborhood, east of Route 1. Stripped bare to its bones in 2017, this +/- 1,300square feet treasure was rebuilt with exceptional design, master craftsmanship and the highest quality materials. Outside, Cedar House features a classic cedar shake roof and siding, copper guttering, high-end Marvin windows, painted custom cherry wood doors and copper clad shutters. The manicured landscaping includes a raised herb garden, custom cedar privacy fencing and an authentic Belgian block drive leading to a detached garage. Inside, Cedar House is awash with natural light and delivers quiet comfort by its state-of-the-art insulation, custom doors and windows. Throughout, there are reclaimed wide-plank heart pine floors and painted tongue-and-groove heart pine walls. Reclaimed oak ceiling beams provide a warmth in the day room and a meticulously crafted coffered ceiling gives a subtle sophistication to the front room, where a 19th century English Art Nouveau pine and hand molded plaster fireplace surround captures one s attention. German engineered kitchen (and bath) plumbing and fixtures provide unparalleled infrastructure for a chef-inspired kitchen with Thermador appliances and substantial Carrara marble work surfaces, framed by custom cabinetry. The two master bedroom suites are designed for privacy and simple comfort and both include stunningly practical bathrooms (one that can also serve as powder room) with bespoke vanities and classic designer lighting. Cedar House will appeal to a discerning buyer with an appreciation for exceptional design, material and craftsmanship, classic beauty and simple luxury. This is a one-of-a-kind, perfectly situated jewel box.
Last Agent to Sell the Property
(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/19/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,401
Year Built
- Built in 2017
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 75.00 x 100.00
- Privacy Fence
- Landscaped
Parking
- 1 Car Detached Garage
- Side Facing Garage
- Stone Driveway
Home Design
- Coastal Architecture
- Cottage
- Shake Roof
- Wood Roof
- Cedar
Interior Spaces
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Dining Area
- Crawl Space
- Attic
Kitchen
- Gourmet Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Outdoor Features
- Outdoor Shower
- Deck
- Screened Patio
- Exterior Lighting
- Porch
Utilities
- Central Heating and Cooling System
- Heat Pump System
- 200+ Amp Service
- Propane
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Schoolvue Subdivision
Listing and Financial Details
- Assessor Parcel Number 334-19.08-125.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2024
Sold by
Lynch George Thomas
Bought by
Lynch George Thomas and Ligas Michael Scott
Current Estimated Value
Purchase Details
Closed on
May 13, 2020
Sold by
Lynchi George T and Ligas Michael S
Bought by
Lynch George T
Purchase Details
Listed on
Jul 19, 2019
Closed on
Oct 18, 2019
Sold by
Preston Donald G and Torres Frank C
Bought by
Lynch George T and Ligas Michael S
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$1,085,000
Sold Price
$950,000
Premium/Discount to List
-$135,000
-12.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$650,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lynch George Thomas | -- | None Listed On Document | |
| Lynch George Thomas | -- | None Listed On Document | |
| Lynch George Thomas | -- | None Listed On Document | |
| Lynch George T | $10,825 | None Available | |
| Lynch George T | $950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lynch George T | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2019 10/18/19 | Sold | $950,000 | -12.4% | $731 / Sq Ft |
| 07/19/2019 07/19/19 | For Sale | $1,085,000 | +110.7% | $835 / Sq Ft |
| 06/23/2015 06/23/15 | Sold | $515,000 | 0.0% | -- |
| 06/23/2015 06/23/15 | Pending | -- | -- | -- |
| 06/23/2015 06/23/15 | For Sale | $515,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,294 | $21,650 | $9,350 | $12,300 |
| 2024 | $1,067 | $21,650 | $9,350 | $12,300 |
| 2023 | $1,066 | $21,650 | $9,350 | $12,300 |
| 2022 | $1,029 | $21,650 | $9,350 | $12,300 |
| 2021 | $1,020 | $21,650 | $9,350 | $12,300 |
| 2020 | $1,016 | $21,650 | $9,350 | $12,300 |
| 2019 | $1,018 | $21,650 | $9,350 | $12,300 |
| 2018 | $951 | $21,650 | $0 | $0 |
| 2017 | $910 | $21,650 | $0 | $0 |
| 2016 | $781 | $19,550 | $0 | $0 |
| 2015 | $746 | $19,550 | $0 | $0 |
| 2014 | $741 | $19,550 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
-
Shaun Tull
Seller Co-Listing Agent in 2019
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
176 in this area
275 Total Sales
-
Carrie Lingo
Buyer's Agent in 2019
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
151 in this area
864 Total Sales
-
M
Seller's Agent in 2015
MARY LOU SHEEHAN
Jack Lingo - Rehoboth
-
HENRY BARLOW
Buyer's Agent in 2015
HENRY BARLOW
Jack Lingo - Rehoboth
(302) 226-6656
2 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: DESU140772
APN: 334-19.08-125.00
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