NOT LISTED FOR SALE

519 School Ln Rehoboth Beach, DE 19971

Estimated Value: $1,012,636 - $1,461,000

3 Beds
2 Baths
1,432 Sq Ft
$844/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $575,000 $402 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,657/month

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Attic
  • Rehoboth Elementary School Rated A
  • Space For Rooms
  • Sun or Florida Room

About This Home

As of February 2016

Living in-town Rehoboth is where it's at! Enjoy the beach, restaurants and all attractions being part of in-town Rehoboth Beach. This three bedroom dwelling featuring hardwood floors, three season sunroom, alarm system and full unfinished basement is located on a corner lot in the great year round community of Schoolvue. This home is awaiting a new owner. Seller is offering a One Year Home Warranty. Come see it today.

Last Agent to Sell the Property

LINDA BOOK

(302) 227-5000 lbook@cbanker.com Coldwell Banker Resort Realty - Rehoboth Listed on: 12/27/2015

Coldwell Banker Resort Realty - Rehoboth

Co-Listed By

Irene Tillman

(302) 236-4405 itillman@cbanker.com Coldwell Banker Premier - Rehoboth License #RS-0012379

Last Buyer's Agent

Kathy Newcomb

(302) 542-4255 knewcomb@cbanker.com Coldwell Banker Premier - Rehoboth License #RA-0003510

Coldwell Banker Premier - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1968

Lot Details

  • 8,983 Sq Ft Lot
  • Lot Dimensions are 98x93x95x88
  • Landscaped
  • Corner Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

  • Rambler Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,432 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Space For Rooms

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Schoolvue Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 334-19.08-100.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$866

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Rambler, Ranch/Rambler
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Year Built: 1968
  • Remarks Public: Living in-town Rehoboth is where it's at! Enjoy the beach, restaurants and all attractions being part of in-town Rehoboth Beach. This three bedroom dwelling featuring hardwood floors, three season sunroom, alarm system and full unfinished basement is located on a corner lot in the great year round community of Schoolvue. This home is awaiting a new owner. Seller is offering a One Year Home Warranty. Come see it today.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Refrigerator, Oven/Range - Electric, Range Hood, Washer/Dryer Hookups Only, Water Heater
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Attic, Combination Kitchen/Dining, Entry Level Bedroom
  • Window Features: Insulated, Screens, Storm
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Kitchen, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Interior Access, Space For Rooms
  • Living Area Units: Square Feet
  • Total Sq Ft: 1432
  • Living Area Sq Ft: 1432
  • Net Sq Ft: 1432.00
  • Price Per Sq Ft: 430.87
  • Above Grade Finished Sq Ft: 1432
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 519

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Aluminum Siding
  • Construction Completed: Yes
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 250.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard, Oil
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.21
  • Lot Size Area: 8983
  • Lot Dimensions: 98x93x95x88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8983.00
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201414
  • Tax Annual Amount: 866.00
  • Assessor Parcel Number: 334-19.08-100.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/22/2016

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2015
Closed on
Feb 17, 2016
Sold by
Roe Marjorie L
Bought by
Wilkinson Michael D and Tuttle William J
Seller's Agent
LINDA BOOK
Coldwell Banker Resort Realty - Rehoboth
Buyer's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
List Price
$617,000
Sold Price
$575,000
Premium/Discount to List
-$42,000
-6.81%
Current Estimated Value
$1,208,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,909
Avg. Annual Appreciation
8.05%
Original Mortgage
$517,500
Outstanding Balance
$410,657
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$798,252

Purchase Details

Closed on
Jun 15, 1992
Bought by
Roe Marjorie L
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
Wilkinson Michael D $575,000 None Available
Roe Marjorie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Michael D $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $575,000 -6.8% $402 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $617,000 -- $431 / 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 $2,980 $28,300 $15,600 $12,700
2024 $1,493 $28,300 $15,600 $12,700
2023 $1,492 $28,300 $15,600 $12,700
2022 $1,440 $28,300 $15,600 $12,700
2021 $1,427 $28,300 $15,600 $12,700
2020 $1,423 $28,300 $15,600 $12,700
2019 $1,331 $28,300 $15,600 $12,700
2018 $1,243 $28,300 $0 $0
2017 $1,190 $28,300 $0 $0
2016 $1,130 $28,300 $0 $0
2015 $650 $28,300 $0 $0
2014 $638 $28,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001012416

Bright MLS

APN: 334-19.08-100.00