NOT LISTED FOR SALE

515 School Ln Rehoboth Beach, DE 19971

Estimated Value: $1,895,507

3 Beds
2.5 Baths
2,200 Sq Ft
$862/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $825,000 $375 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $10,552 / mo

96 Days on Market

Highlights

  • Heated In Ground Pool
  • Traditional Floor Plan
  • Traditional Architecture
  • Rehoboth Elementary School Rated A
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of March 2019

Wow, a rare gem in a great location - Rarely does the opportunity arise to own a home in the City limits of Rehoboth Beach with a lot size 17,000+ square feet. Gracefully Middle-Aged bests describes this charming split level home, complete with hardwood floors, a wood burning fireplace, a formal dining area, and expansive screened porch. The peaceful-partially wooded back yard is improved with an impressive heated inground- pool & a large paver patio area, perfect for entertaining or relaxing after a day at the beach. This sought-after location demands "Fast " action - call and schedule your appointment today!

Last Agent to Sell the Property

Elizabeth Dorman

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth Listed on: 10/02/2018

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

NON MEMBER

NONMEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1954

Lot Details

  • 17,179 Sq Ft Lot
  • Lot Dimensions are 100.05 x 153 x 106 x 190
  • South Facing Home
  • Back Yard Fenced
  • Partially Wooded Lot
  • Property is in good condition
  • Property is zoned TOWN

Parking

  • 2 Car Attached Garage
  • 5 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Window Treatments
  • Window Screens
  • Dining Area
  • Den
  • Garden Views
  • Storm Doors
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Cedar Closet

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Schoolvue Subdivision

Listing and Financial Details

  • Tax Lot 63.01
  • Assessor Parcel Number 334-19.08-63.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,350

Year Built

Built in 1954

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Cedar Closet(s), Carpet, Dining Area, Floor Plan - Traditional, Kitchen - Table Space, Primary Bath(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Fireplace - Glass Doors, Wood, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 2.5
  • Room List: Den
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 2200
  • Price Per Sq Ft: 420.45
  • Above Grade Finished Sq Ft: 2200
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Asbestos, Brick
  • Exterior Features: Outside Shower
  • Pool Features: In Ground, Heated, Fenced
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 5
  • Parking Features: Asphalt Driveway, Paved Parking
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.44
  • Lot Dimensions: 100.05 x 153 x 106 x 190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17179.00
  • Outdoor Living Structures: Patio(s), Porch(es), Screened
  • Property Condition: Good
  • Zoning: TOWN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5201636
  • School Tax: 1180.00
  • Tax Annual Amount: 1350.00
  • Assessor Parcel Number: 334-19.08-63.01
  • Tax Lot: 63.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2002
Bought by
Current Estimated Value
$1,895,507
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $825,000 -10.8% $375 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
12/01/2018 12/01/18 Price Changed $925,000 -5.1% $420 / Sq Ft
10/02/2018 10/02/18 For Sale $975,000 -- $443 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,773 $29,900 $12,500 $17,400
2024 $1,627 $29,900 $12,500 $17,400
2023 $1,625 $29,900 $12,500 $17,400
2022 $1,568 $29,900 $12,500 $17,400
2021 $1,554 $29,900 $12,500 $17,400
2020 $1,549 $29,900 $12,500 $17,400
2019 $1,406 $29,900 $12,500 $17,400
2018 $1,313 $29,900 $0 $0
2017 $1,257 $29,900 $0 $0
2016 $1,194 $29,900 $0 $0
2015 $1,063 $27,850 $0 $0
2014 $1,055 $27,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007522796

Bright MLS

APN: 334-19.08-63.01

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