NOT LISTED FOR SALE

Estimated Value: $821,000 - $3,754,000

5 Beds
4.5 Baths
3,125 Sq Ft
$877/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $1,850,000 $592 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,051 / mo

119 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Furnished
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • No HOA

About This Home

As of December 2020

Ocean block single family home boasting five bedrooms and four and one half baths. Located in much desired South Rehoboth just steps to the beach and southern end of the boardwalk. A great home for a rental investment property or a second home. Queen is known as one of the quieter streets in town at the edge of Silver Lake. An easy walk to town or a great area for bike riding! Home features leased solar panels for energy savings which must transfer to new owner.

Last Agent to Sell the Property

Kathy Newcomb

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RA-0003510 Listed on: 08/04/2020

Coldwell Banker Premier - Rehoboth

Co-Listed By

Elizabeth Dorman

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Deniene Dailey

(302) 313-9949 denienedailey@gmail.com Dailey Dailey Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 2002

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Sprinkler System
  • Property is in good condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,125 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Grill

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 10
  • Assessor Parcel Number 334-20.06-101.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,933

Year Built

Built in 2002

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Furnishings as seen.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Sprinkler System, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3125
  • Living Area Sq Ft: 3125
  • Price Per Sq Ft: 632.00
  • Above Grade Finished Sq Ft: 3125
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Bbq Grill, Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 30550.00
  • Land Assessed Value: 12500.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Balcony, Enclosed, Porch(es)
  • Property Condition: Good
  • Zoning: TN
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 69050.00
  • Vacation Rental: Yes
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5202770
  • School Tax: 1830.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2933.00
  • Assessor Parcel Number: 334-20.06-101.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Matta Serge and Matta Laureen
Bought by
6 Queen Street Property Llc
Current Estimated Value
$2,740,541

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 17, 2020
Sold by
3D Investments Llc
Bought by
Matta Serge T and Matta Laureen B
Seller's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Deniene Dailey
Dailey Dailey Real Estate
List Price
$1,975,000
Sold Price
$1,850,000
Premium/Discount to List
-$125,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$850,000
Interest Rate
2.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 2020
Sold by
Ronald T Moore Bus T
Bought by
3D Investments Llc
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
6 Queen Street Property Llc -- None Listed On Document
Matta Serge T $1,850,000 None Available
3D Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matta Serge T $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $1,850,000 -6.3% $592 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,975,000 -- $632 / 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 $5,048 $43,050 $12,500 $30,550
2024 $2,164 $43,050 $12,500 $30,550
2023 $2,162 $43,050 $12,500 $30,550
2022 $2,046 $43,050 $12,500 $30,550
2021 $2,027 $43,050 $12,500 $30,550
2020 $2,021 $43,050 $12,500 $30,550
2019 $2,024 $43,050 $12,500 $30,550
2018 $1,891 $43,050 $0 $0
2017 $1,810 $43,050 $0 $0
2016 $1,720 $43,050 $0 $0
2015 $1,643 $43,050 $0 $0
2014 $1,631 $43,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166106

Bright MLS

APN: 334-20.06-101.00

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