NOT LISTED FOR SALE

Estimated Value: $5,200,992 - $7,903,000

6 Beds
7.5 Baths
8,000 Sq Ft
$782/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $3,875,000 $484 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $34,264 / mo

597 Days on Market

Highlights

  • Ocean View
  • Beach
  • 0.26 Acre Lot
  • Rehoboth Elementary School Rated A
  • Water Access
  • Coastal Architecture

About This Home

As of April 2017

**Featured in both Coastal Living & Delaware Today** This extraordinary home is nestled in the prestigious community of The Chancellery & just steps to the private beach. Offering 8,000 sq ft of coastal luxury, this home is extremely inviting for intimate gatherings & lavish entertaining. A true chef's dream including 6 burner Wolf range w/ separate wall oven, Subzero refrigerator & additional refrigerator drawers, wine coolers, ice makers, 2 dishwashers, warming drawer & the list goes on. The huge black granite island boasts raw bar sink, 2 copper wet bars off kitchen & media room. Spacious open floor plan for living area w/ vaulted ceilings & skylights. Master bedroom has 2 master baths & 2 walk-in closets. Elevator, 2 laundry rooms, 6 bedrooms & 7.5 baths. Several outdoor entertaining areas including the rooftop deck take full advantage of direct views of the ocean & bay. Deeded land to ensure ocean views indefinitely. Private Delaware beach of just 16 homes. See Video Tour.

Last Agent to Sell the Property

Lisa Barros

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0022497 Listed on: 07/15/2015

Monument Sotheby's International Realty

Last Buyer's Agent

Jay Kramer

(302) 539-1777 jkramer@cbmove.com Coldwell Banker Realty License #RS-0018724

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 11,200 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Stone Siding
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 8,000 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Inverted Floor Plan
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Open Floorplan
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Laundry

  • Washer
  • Gas Dryer

Home Security

  • Monitored
  • Storm Windows

Parking

  • Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Wrap Around Porch

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Tankless Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-23.10-12.00

Community Details

Overview

  • Chancellery Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.26 Acres

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Gas, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Double, Washer, Water Heater - Tankless
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Combination Kitchen/Living, Pantry, Entry Level Bedroom, Ceiling Fan(s), Elevator, Skylight(s), Whirlpool/Hottub, Wet/Dry Bar, Window Treatments
  • Window Features: Screens, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 8000
  • Living Area Sq Ft: 8000
  • Net Sq Ft: 8000.00
  • Price Per Sq Ft: 498.75
  • Above Grade Finished Sq Ft: 8000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar, Stone
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Brick Driveway, Circular Driveway
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Geothermal, Zoned
  • Heating Fuel: Geo-Thermal
  • Heating Type: Wood Burn Stove, Geothermal, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Monitored, Security System
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Lot Features: Landscaping
  • Lot Size Acres: 0.26
  • Lot Size Area: 11200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11200.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205646
  • Assessor Parcel Number: 334-23.10-12.00
  • County Tax Payment Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Apr 19, 2017
Sold by
Carter Albert F and Carter Elizabeth A
Bought by
Puente Kenneth M
Seller's Agent
Lisa Barros
Monument Sotheby's International Realty
Buyer's Agent
Jay Kramer
Coldwell Banker Realty
List Price
$4,449,000
Sold Price
$3,875,000
Premium/Discount to List
-$574,000
-12.9%
Current Estimated Value
$6,257,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,382,498
Avg. Annual Appreciation
5.49%
Original Mortgage
$2,000,000
Outstanding Balance
$1,641,066
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$4,616,432
Source: Public Records
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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
Puente Kenneth M $3,875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puente Kenneth M $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $3,875,000 -12.9% $484 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
07/15/2015 07/15/15 For Sale $4,449,000 -- $556 / Sq Ft
Source: Bright MLS

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 $8,810 $149,650 $15,750 $133,900
2024 $7,695 $149,650 $15,750 $133,900
2023 $7,688 $149,650 $15,750 $133,900
2022 $7,431 $149,650 $15,750 $133,900
2021 $7,366 $149,650 $15,750 $133,900
2020 $7,343 $149,650 $15,750 $133,900
2019 $7,332 $149,650 $15,750 $133,900
2018 $6,572 $149,650 $0 $0
2017 $6,293 $149,650 $0 $0
2016 $5,988 $149,650 $0 $0
2015 $5,723 $149,650 $0 $0
2014 $5,680 $149,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001008836

Bright MLS

APN: 334-23.10-12.00

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