NOT LISTED FOR SALE

531 School Ln Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated Value: $1,365,000 - $1,583,930

3 Beds
2 Baths
1,672 Sq Ft
$881/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $675,500 $404 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,319 / mo

47 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Rambler Architecture
  • Attic

About This Home

As of April 2017

Walk to the beach... short walk to the beach over the Silver Lake (turtle) bridge. Easy walk to town from State Road. This delightful home boasts beautiful hardwood floors, wood burning fireplace, expansive master bedroom & bath. Large eat-in kitchen w/breakfast nook, partially finished basement, very private courtyard w/outdoor shower. Fenced yard & large driveway. This home is being sold completely furnished, for immediate 2017 summer season use!

Last Agent to Sell the Property

John Black

(302) 703-6987 jgiles@psre.com Patterson-Schwartz-Rehoboth Listed on: 02/10/2017

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

Christopher Beagle

(302) 273-4998 ashley.hess@compass.com Compass License #RS-0020683

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 79x18x99x60x103
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Zoning described as GENERAL RESIDENTIAL

Home Design

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

Interior Spaces

  • 1,672 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Attic
  • Partially Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Schoolvue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-106.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1956

Lot Details

8,712 Sq Ft Lot

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
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Kitchen - Eat-In, Entry Level Bedroom, Ceiling Fan(s), Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Breakfast Room, Sun/Florida Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1672
  • Living Area Sq Ft: 1672
  • Net Sq Ft: 1672.00
  • Price Per Sq Ft: 418.60
  • Above Grade Finished Sq Ft: 1672
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Paved Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 275.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Baseboard, Hot Water, Oil
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Fencing: Fully
  • Lot Features: Irregular, Landscaping
  • Lot Size Acres: 0.20
  • Lot Dimensions: 79x18x99x60x103
  • Lot Size Units: Acres
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es), Enclosed
  • Zoning Description: GENERAL RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201420
  • Tax Annual Amount: 1219.00
  • Assessor Parcel Number: 334-19.08-106.00
  • County Tax Payment Frequency: Annually

Multi Family

  • Income Expense List: Total Tax Bill

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
Apr 28, 2016
Sold by
Bought by
Current Estimated Value
$1,472,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,125
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rehoboth Beach, DE

  • Joseph Kreisher Real Estate Agent - RE/MAX Associates

    Joseph Kreisher

    RE/MAX Associates

    (302) 281-1225

    39 Total Sales

    1 in Rehoboth Beach

    $121,000 Price

    Joseph Kreisher
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  • Amanda Bradford Real Estate Agent - Crown Homes Real Estate

    Amanda Bradford

    Responds Quickly

    Crown Homes Real Estate

    (302) 281-1914

    170 Total Sales

    1 in Rehoboth Beach

    $1,143,000 Price

    Amanda Bradford
     Section Image
  • DAVID LITZ Real Estate Agent - Century 21 Emerald

    DAVID LITZ

    Century 21 Emerald

    (302) 572-2863

    94 Total Sales

    2 in Rehoboth Beach

    $172K - $942K Price Range

    DAVID LITZ
     Section Image
  • Paul Sicari Real Estate Agent - Compass

    Paul Sicari

    Responds Quickly

    Compass

    (240) 558-6504

    162 Total Sales

    7 in Rehoboth Beach

    $460K - $2.4M Price Range

    Paul Sicari
     Section Image
  • Sharon Daugherty Real Estate Agent - Keller Williams Realty Delmarva

    Sharon Daugherty

    Responds Quickly

    Keller Williams Realty Delmarva

    (667) 281-0411

    231 Total Sales

    1 in Rehoboth Beach

    $499,000 Price

    Sharon Daugherty
     Section Image
  • Dustin Oldfather Real Estate Agent - Compass

    Dustin Oldfather

    Compass

    (302) 393-2276

    1,403 Total Sales

    62 in Rehoboth Beach

    $60K - $1.6M Price Range

    Dustin Oldfather
     Section Image
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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
$675,500 None Available
$300,000 --
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
Open $150,000
Open $484,350
Previous Owner $506,125
Previous Owner $398,450
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
04/28/2017 04/28/17 Sold $675,500 -3.5% $404 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $699,900 -- $419 / 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 $2,672 $23,000 $10,750 $12,250
2024 $1,166 $23,000 $10,750 $12,250
2023 $1,133 $23,000 $10,750 $12,250
2022 $1,093 $23,000 $10,750 $12,250
2021 $1,083 $23,000 $10,750 $12,250
2020 $1,080 $23,000 $10,750 $12,250
2019 $1,081 $23,000 $10,750 $12,250
2018 $1,010 $23,000 $0 $0
2017 $967 $23,000 $0 $0
2016 $919 $23,000 $0 $0
2015 $878 $23,000 $0 $0
2014 $871 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Black Real Estate Agent - Patterson Schwartz

    Seller's Agent in 2017

    John Black

    Patterson Schwartz

    (302) 249-6922

    44 Total Sales

    John Black
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Map

Source: Bright MLS

MLS Number: 1001025814

Bright MLS

APN: 334-19.08-106.00

Delaware Sussex County Rehoboth Beach 19971

531 School Ln, Rehoboth Beach, DE

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