NOT LISTED FOR SALE

56 Ocean Dr Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated Value: $5,644,211 - $8,362,000

5 Beds
5.5 Baths
6,848 Sq Ft
$1,017/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2013

Last sale price $5,500,000 $803 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $39,457 / mo

282 Days on Market

Highlights

  • Ocean View
  • 1 Dock Slip
  • Water Access
  • Rehoboth Elementary School Rated A
  • Beach
  • Deck

About This Home

As of March 2013

Spectactular Oceanfront Estate in North Shores. Masterful custom architecture blended with extrordinary ocean views.5 Ensuite bedrooms, gourmet kitchen,theater room,dramatic out door living spaces, a 21 ft radius stone fireplace. Too many great features to list them all.

Last Agent to Sell the Property

Kathleen Schell

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty Listed on: 05/24/2012

Monument Sotheby's International Realty

Co-Listed By

Justin Healy

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RB-0003444

Last Buyer's Agent

Babs Morales

(302) 227-6101 babs@sellingdelawarehomes.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340

Berkshire Hathaway HomeServices PenFed Realty

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

Year Built

  • Built in 1999

Lot Details

  • 0.43

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Dryvit Stucco

Interior Spaces

  • 6,848 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Ocean Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • 1 Dock Slip
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Hookup Available For Sewer

Additional Features

  • Lot Dimensions are 75 x 246
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-9.00

Community Details

Overview

  • No Home Owners Association
  • North Shores Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Additional Features

  • Security Service
  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Oven - Self Cleaning, Oven - Wall, Washer, Water Heater
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Elevator, Skylight(s), Whirlpool/Hottub
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 6848
  • Living Area Sq Ft: 6848
  • Net Sq Ft: 6848.00
  • Price Per Sq Ft: 875.44
  • Above Grade Finished Sq Ft: 6848
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Dryvit
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Metal
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Under Home Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Wood Burn Stove, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Tennis Courts, Swimming Pool, Security
  • HOA: No
  • Community Pool Features: In Ground

Lot Info

  • Lot Dimensions: 75 x 246
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened

Building Info

  • Building Features: Elevator

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5211401
  • Assessor Parcel Number: 334-08.17-9.00
  • County Tax Payment Frequency: Annually

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 11, 2020
Sold by
Bought by
Current Estimated Value
$6,964,737

Purchase Details

Listed on
May 24, 2012
Closed on
Feb 6, 2013
Sold by
Bought by
Seller's Agent
Kathleen Schell
Monument Sotheby's International Realty
Buyer's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$1,500,000
Interest Rate
3.54%

Purchase Details

Closed on
Dec 30, 2011
Sold by
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

  • Anthony Sacco Real Estate Agent - RE/MAX Associates

    Anthony Sacco

    RE/MAX Associates

    (302) 291-3509

    151 Total Sales

    27 in Rehoboth Beach

    $165K - $1.2M Price Range

    Anthony Sacco
     Section Image
  • Beau Zebley Real Estate Agent - Century 21 Emerald

    Beau Zebley

    Century 21 Emerald

    (302) 335-6222

    55 Total Sales

    5 in Rehoboth Beach

    $140K - $1.1M Price Range

    Beau Zebley
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  • 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
     Section Image
  • 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

    95 Total Sales

    2 in Rehoboth Beach

    $172K - $942K Price Range

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

    Paul Sicari

    Compass

    (240) 558-6504

    164 Total Sales

    8 in Rehoboth Beach

    $460K - $2.4M Price Range

    Paul Sicari
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See All Agents

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
-- None Available
$5,500,000 --
-- --
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
Previous Owner $1,500,000
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
03/02/2013 03/02/13 Sold $5,500,000 0.0% $803 / Sq Ft
03/02/2013 03/02/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $5,500,000 -- $803 / 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 $14,997 $109,750 $37,500 $72,250
2024 $5,409 $109,750 $37,500 $72,250
2023 $5,405 $109,750 $37,500 $72,250
2022 $5,216 $109,750 $37,500 $72,250
2021 $5,168 $109,750 $37,500 $72,250
2020 $5,153 $109,750 $37,500 $72,250
2019 $5,160 $109,750 $37,500 $72,250
2018 $4,820 $109,750 $0 $0
2017 $4,615 $109,750 $0 $0
2016 $4,384 $109,750 $0 $0
2015 $4,145 $108,600 $0 $0
2014 $4,115 $108,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Schell Real Estate Agent - OCEAN ATLANTIC SOTHEBYS

    Seller's Agent in 2013

    Kathleen Schell

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-0549

    14 Total Sales

    Kathleen Schell
    Section Image
  • Justin Healy Real Estate Agent - OCEAN ATLANTIC SOTHEBYS

    Seller Co-Listing Agent in 2013

    Justin Healy

    OCEAN ATLANTIC SOTHEBYS

    (302) 542-6610

    15 Total Sales

    Justin Healy
    Section Image
  • Babs Morales Real Estate Agent - BHHS PenFed (actual)

    Buyer's Agent in 2013

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    45 Total Sales

    Babs Morales
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000966442

Bright MLS

APN: 334-08.17-9.00

Delaware Sussex County Rehoboth Beach 19971

56 Ocean Dr, Rehoboth Beach, DE

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