NOT LISTED FOR SALE

57 W Side Dr Rehoboth Beach, DE 19971

Estimated Value: $1,305,000 - $2,633,000

3 Beds
2 Baths
2,644 Sq Ft
$741/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $1,085,000 $410 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,626/month

166 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Bay View
  • Rehoboth Elementary School Rated A
  • Private Water Access
  • Contemporary Architecture

About This Home

As of September 2020

NEW PRICE! This home is the essence of being on your dream waterfront vacation every day! With your boat, kayak, SUP and other water toys right outside you can be living your best life right from your own backyard. While you're cozy inside your home you can enjoy the stunning Bay and wildlife views from nearly every room in this Contemporary style home. The sellers have updated many parts of the home, and recently refreshed it inside with new paint and other touches so it's a blank canvas for your personal style and taste. Since taking over stewardship of this wonderful home and stunning location the sellers have added a new bulkhead and dock, as well as a number of other major items. Contact us for a list of improvements. Opportunities to be on the water with direct boating access and a front row seat to the natural beauty that surrounds this home do come up but rarely do they have a backdrop of the breathtaking sunsets over Rehoboth Bay every evening. Friends and family will love the spacious great room with wood-burning fireplace and stone treatment from the floor to the soaring ceiling. Off the kitchen is a sunroom, breakfast bar, dining room and the kitchen boasts a beautiful tile backsplash, Mexican tile flooring and updated stainless steel appliances. There are two bedrooms and a bath on the first floor and a large master suite with water views on the second floor. Rehoboth Beach Country Club is just a short 2 blocks up the road where with a sponsored membership (call us for details) you can enjoy a brand new Bayfront pool, tennis, championship golf course and an expansive clubhouse that is currently undergoing a major renovation and expected to open early this summer. Hop on your boat and dock Bayside around the corner then walk two blocks to the Atlantic Ocean or enjoy the fun from your backyard like catching crabs right from your private dock! This property truly embodies the best of all the beach, country club and waterfront life have to offer!

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 02/12/2020

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 02/12/2020

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100.00 x 120.00
  • Home fronts navigable water
  • Home fronts a canal
  • Property is zoned AR-1 922

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Side Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,644 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Great Room
  • Dining Area
  • Sun or Florida Room
  • Bay Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Water Access
  • Property is near a canal
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 334-19.00-52.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,857

Year Built

Built in 1979

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Some furniture is possible to be included with an acceptable offer.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Icemaker, Microwave, Oven - Wall, Oven - Single, Oven - Self Cleaning, Cooktop, Dishwasher, Stainless Steel Appliances, Washer, Dryer, Water Heater
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Breakfast Area, Dining Area, Entry Level Bedroom, Ceiling Fan(s), Exposed Beams
  • Window Features: Insulated, Screens
  • Fireplace Features: Wood
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: High, Cathedral Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Sun/Florida Room, Great Room, Bathroom 1, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 2644
  • Living Area Sq Ft: 2644
  • Price Per Sq Ft: 425.49
  • Above Grade Finished Sq Ft: 2644
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • View: Bay, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 29700.00
  • Land Assessed Value: 9800.00
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.27
  • Lot Dimensions: 100.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Zoning: AR-1 922
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5200895
  • School Tax: 1681.00
  • Tax Annual Amount: 1857.00
  • Assessor Parcel Number: 334-19.00-52.01
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Sep 18, 2020
Sold by
Nordlinger Gerson
Bought by
Kim-Parks Leesa and Denny Sharon
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$1,175,000
Sold Price
$1,085,000
Premium/Discount to List
-$90,000
-7.66%
Current Estimated Value
$1,959,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874,750
Avg. Annual Appreciation
11.99%
Original Mortgage
$868,000
Outstanding Balance
$619,417
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,340,333

Purchase Details

Closed on
Jul 15, 2011
Bought by
Nordlinger Gerson

Purchase Details

Closed on
Feb 15, 2011
Bought by
Nordlinger Gerson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim-Parks Leesa $1,085,000 None Available
Nordlinger Gerson -- --
Nordlinger Gerson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim-Parks Leesa $868,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $1,085,000 -3.6% $410 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $1,125,000 -4.3% $425 / Sq Ft
02/12/2020 02/12/20 For Sale $1,175,000 -- $444 / 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 $3,549 $39,500 $9,800 $29,700
2024 $3,748 $39,500 $9,800 $29,700
2023 $3,745 $39,500 $9,800 $29,700
2022 $1,877 $39,500 $9,800 $29,700
2021 $1,860 $39,500 $9,800 $29,700
2020 $1,816 $39,500 $9,800 $29,700
2019 $1,257 $39,500 $9,800 $29,700
2018 $1,735 $39,500 $0 $0
2017 $1,661 $39,500 $0 $0
2016 $1,578 $39,500 $0 $0
2015 $1,508 $39,500 $0 $0
2014 $1,497 $39,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155888

Bright MLS

APN: 334-19.00-52.01