Seller's Agent in 2020
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
190 in this area
362 Total Sales
53 Lake Ave Rehoboth Beach, DE 19971
Estimated Value: $2,356,509 - $3,436,000
6
Beds
6.5
Baths
3,210
Sq Ft
$948/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Open Floorplan
- Vaulted Ceiling
- Rehoboth Elementary School Rated A
- Coastal Architecture
- 2-minute walk to Dune Nature Park
About This Home
As of December 2020Located in the heart of it all, this exquisite home was built prior to building code changes so it can not be duplicated! Built by a reputable local builder, this home offers a superb open floor plan, soaring ceilings (10.5 ft), and tons of natural light! This 6 bedroom, 6.5 bath home has been a successful high-end rental since 2015 and has been meticulously maintained. The welcoming front porch greets you upon arrival and it offers the most comfortable setting for relaxing, people watching and outdoor dining. Timeless coastal colors, detailed trim, and rich hardwood floors adorn this coastal home. The gourmet kitchen features ample cabinetry, an elegant tiled backsplash, quartz counters and stainless appliances complete with dual dishwashers, gas range and cook top, and beverage fridge. The kitchen opens to the great room, dining area and family room making entertaining and gatherings a breeze. In addition, the main level features a spacious master suite is complete with hardwood floors, tray ceiling, huge walk in closet and a spa-like en-suite bath featuring a unique tiled shower, dual vanities and a cozy jetted tub. The 2nd level of this home features 5 more bedrooms each with a private bath. Also, a landing complete with a wet bar and mini fridge for convenience. Outdoor entertaining is also effortless at 53 Lake Avenue. The rear yard features a private pool, green space, privacy fencing, paver patio and an outdoor shower. If location, amenities and elegance check your boxes, you must tour 53 Lake Avenue today!
Last Agent to Sell the Property
Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,829
Year Built
- Built in 2015
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50.00 x 108.00
- Infill Lot
- Privacy Fence
- Back Yard Fenced
- Landscaped
- Extensive Hardscape
- Cleared Lot
- Property is in excellent condition
- Property is zoned TN
Home Design
- Coastal Architecture
- Contemporary Architecture
- Architectural Shingle Roof
- HardiePlank Type
- Stick Built Home
Interior Spaces
- 3,210 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Wet Bar
- Crown Molding
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace Mantel
- Gas Fireplace
- Double Hung Windows
- Transom Windows
- Window Screens
- Insulated Doors
- Great Room
- Family Room Off Kitchen
- Dining Area
- Crawl Space
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Accessible Home Design
- Doors swing in
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Porch
Schools
- Rehoboth Elementary School
- Beacon Middle School
- Cape Henlopen High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Propane
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Community Details
- No Home Owners Association
- North Rehoboth Subdivision
Listing and Financial Details
- Tax Lot 53
- Assessor Parcel Number 334-14.13-215.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2020
Closed on
Dec 30, 2020
Sold by
Rby Llc
Bought by
Melberger Clifford and Melberger Amy
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$2,265,000
Sold Price
$2,160,000
Premium/Discount to List
-$105,000
-4.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,101
Avg. Annual Appreciation
8.74%
Original Mortgage
$1,160,000
Outstanding Balance
$1,047,089
Interest Rate
2.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,137,057
Purchase Details
Listed on
Feb 5, 2014
Closed on
Apr 4, 2014
Sold by
Helen Helen and Shelton Mcfassel Lexie
Bought by
Rby Llc
Seller's Agent
Matt Brittingham
Patterson-Schwartz-Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$583,000
Sold Price
$583,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%
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 |
|---|---|---|---|
| Melberger Clifford | $2,160,000 | None Available | |
| Rby Llc | $583,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melberger Clifford | $1,160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $2,160,000 | -4.6% | $673 / Sq Ft |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | For Sale | $2,265,000 | +288.5% | $706 / Sq Ft |
| 04/04/2014 04/04/14 | Sold | $583,000 | 0.0% | -- |
| 02/11/2014 02/11/14 | Pending | -- | -- | -- |
| 02/05/2014 02/05/14 | For Sale | $583,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $2,151 | $43,650 | $10,200 | $33,450 |
| 2023 | $2,150 | $43,650 | $10,200 | $33,450 |
| 2022 | $2,075 | $43,650 | $10,200 | $33,450 |
| 2021 | $2,056 | $43,650 | $10,200 | $33,450 |
| 2020 | $2,049 | $43,650 | $10,200 | $33,450 |
| 2019 | $2,052 | $43,650 | $10,200 | $33,450 |
| 2018 | $1,917 | $43,650 | $0 | $0 |
| 2017 | $1,836 | $43,650 | $0 | $0 |
| 2016 | $1,744 | $43,650 | $0 | $0 |
| 2015 | $1,620 | $43,650 | $0 | $0 |
| 2014 | $597 | $15,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
177 in this area
284 Total Sales
-
Buyer's Agent in 2020
Tjark Bateman
Jack Lingo - Rehoboth
(302) 745-0018
49 in this area
92 Total Sales
-
Seller's Agent in 2014
Matt Brittingham
Patterson Schwartz
(302) 344-9026
25 in this area
248 Total Sales
Map
Source: Bright MLS
MLS Number: DESU164718
APN: 334-14.13-215.00
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