Seller's Agent in 2019
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
96 in this area
279 Total Sales
55 Bay Reach Rehoboth Beach, DE 19971
Estimated Value: $1,241,452 - $1,536,000
5
Beds
3
Baths
3,831
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Lake Privileges
- Deck
- Rehoboth Elementary School Rated A
- Cape Cod Architecture
- Wood Burning Stove
About This Home
As of November 2019Welcome to Pine Bay - just 6 blocks to the Atlantic Ocean! Discover this large 3,831 square foot heated cape cod beach home nested between the Rehoboth Bay and Atlantic Ocean that was expanded and renovated in 2003. First level features gourmet kitchen with island, great room with stone fireplace and heatilator, and extra room that can be family room or formal dining room. Two sliders from great room lead to two trex decks for outdoor entertaining. First level master suite has sliders to trex deck, two walk-in closets, and bathroom with tile shower and jacuzzi tub and double vanity with pottery sinks. Entire first level features hardwood floors and tile in bathrooms. First level has two additional bedrooms and a hallway full bathroom with tile shower and granite counters. Second level features two more bedrooms and a full bath with tile tub shower combo and white vanity. Upstairs bedrooms have two cedar chests built into each room. Large bonus room above the garage. The yard is oversized and is .41 acres with 6 foot vinyl fencing. Pine Bay has a community pool and stocked fishing ponds. Walk to the beach and Dewey restaurants and attractions. Start living beach life today!
Last Agent to Sell the Property
(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 04/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,658
Year Built
- Built in 1992 | Remodeled in 2003
Lot Details
- 0.41 Acre Lot
- Vinyl Fence
- Landscaped
- Partially Wooded Lot
- Back Yard Fenced and Front Yard
- Property is in very good condition
- Property is zoned GENERAL RESIDENTIAL
HOA Fees
- $54 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Front Facing Garage
- Driveway
Home Design
- Cape Cod Architecture
- Architectural Shingle Roof
- Cedar
Interior Spaces
- 3,831 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Bar
- Wood Burning Stove
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Window Treatments
- Great Room
- Den
- Bonus Room
- Crawl Space
- Laundry on main level
Kitchen
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Home Security
- Home Security System
- Exterior Cameras
Outdoor Features
- Lake Privileges
- Deck
- Patio
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 334-20.00-65.00
Community Details
Overview
- $500 Capital Contribution Fee
- Association fees include pool(s), reserve funds, road maintenance, snow removal
- Pine Bay HOA
- Pine Bay Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2019
Closed on
Nov 18, 2019
Sold by
Hamer Kimberly L and Hamer Jeffrey A
Bought by
Brooks Rodney H and Brooks Mcshane
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Jay Kramer
Coldwell Banker Realty
List Price
$899,900
Sold Price
$825,000
Premium/Discount to List
-$74,900
-8.32%
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
$601,113
Avg. Annual Appreciation
9.77%
Purchase Details
Closed on
Jun 27, 2000
Bought by
Hamer Kimberly L and Hamer Jeffrey A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brooks Rodney H | $825,000 | -- | |
| Hamer Kimberly L | $300,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2019 11/19/19 | Sold | $825,000 | -8.3% | $215 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 09/24/2019 09/24/19 | For Sale | $899,900 | +9.1% | $235 / Sq Ft |
| 09/05/2019 09/05/19 | Off Market | $825,000 | -- | -- |
| 05/14/2019 05/14/19 | Price Changed | $899,900 | -5.2% | $235 / Sq Ft |
| 04/29/2019 04/29/19 | Price Changed | $949,000 | -5.0% | $248 / Sq Ft |
| 04/20/2019 04/20/19 | For Sale | $999,000 | -- | $261 / Sq Ft |
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 | $3,261 | $37,750 | $7,200 | $30,550 |
| 2024 | $2,179 | $37,750 | $7,200 | $30,550 |
| 2023 | $2,178 | $37,750 | $7,200 | $30,550 |
| 2022 | $2,113 | $37,750 | $7,200 | $30,550 |
| 2021 | $2,096 | $37,750 | $7,200 | $30,550 |
| 2020 | $2,090 | $37,750 | $7,200 | $30,550 |
| 2019 | $2,071 | $37,750 | $7,200 | $30,550 |
| 2018 | $1,658 | $37,750 | $0 | $0 |
| 2017 | $1,588 | $37,750 | $0 | $0 |
| 2016 | $1,524 | $37,750 | $0 | $0 |
| 2015 | $1,457 | $37,750 | $0 | $0 |
| 2014 | $1,447 | $37,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hamer
-
Jay Kramer
Buyer's Agent in 2019
Jay Kramer
Coldwell Banker Realty
(410) 984-2692
8 in this area
86 Total Sales
Map
Source: Bright MLS
MLS Number: DESU138464
APN: 334-20.00-65.00
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