NOT LISTED FOR SALE

Estimated Value: $488,445 - $4,914,000

6 Beds
6 Baths
3,775 Sq Ft
$863/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $2,500,000 $662 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $17,765/month

34 Days on Market

Highlights

  • Ocean View
  • 1 Dock Slip
  • Pier or Dock
  • Rehoboth Elementary School Rated A
  • Pier
  • Waterfront

About This Home

As of July 2012

Enjoy Silver Lake Sunsets & Ocean Sunrises From This Completely Renovated Home Located Waterfront On Silver Lake & Only 150 Feet From The Beach. New Gourmet Kitchen, Spa-Like Baths, Beautiful Trim-work, Built-Ins & Much More -All Exemplifying Craftsmanship & Attention to Detail. Truly One-Of-A-Kind!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/21/2012

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

HENRY BARLOW

(302) 226-6656 henryb@jacklingo.com Jack Lingo - Rehoboth License #RS-0015719

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,846

Year Built

  • Built in 1995

Lot Details

  • 8,862 Sq Ft Lot
  • Lot Dimensions are 67x100x109x108
  • Waterfront
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,775 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Inverted Floor Plan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Pier
  • Water Access
  • Property is near a pond
  • 1 Dock Slip
  • Lake Privileges
  • Deck
  • Screened Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-3.00

Community Details

Overview

  • No Home Owners Association
  • Silver Lake Dunes Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,846

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Inverted Floorplan
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1995
  • Remarks Public: Enjoy Silver Lake Sunsets & Ocean Sunrises From This Completely Renovated Home Located Waterfront On Silver Lake & Only 150 Feet From The Beach. New Gourmet Kitchen, Spa-Like Baths, Beautiful Trim-work, Built-Ins & Much More -All Exemplifying Craftsmanship & Attention to Detail. Truly One-Of-A-Kind!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Pantry, Entry Level Bedroom, Ceiling Fan(s), Elevator
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Great Room, Laundry, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3775
  • Living Area Sq Ft: 3775
  • Net Sq Ft: 3775.00
  • Price Per Sq Ft: 740.40
  • Above Grade Finished Sq Ft: 3775
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 6

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo
  • Construction Materials: Stick Built, Concrete
  • Construction Completed: Yes
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Zoned
  • Heating: Yes
  • Hot Water: Propane, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 483.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock, Water/Lake Privileges
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Cul-De-Sac, Landscaping
  • Lot Size Acres: 0.20
  • Lot Dimensions: 67x100x109x108
  • Lot Size Units: Acres
  • Lot Sq Ft: 8862.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.10-3.00
  • County Tax Payment Frequency: Annually
  • Close Date: 07/13/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jul 16, 2012
Sold by
Phillip Phillip and Mock Nicole
Bought by
1347 Euelid Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
HENRY BARLOW
Jack Lingo - Rehoboth
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$3,258,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,815
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jul 10, 2012
Sold by
Phillip Phillip and Mock Nicole
Bought by
1347 Euelid Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
HENRY BARLOW
Jack Lingo - Rehoboth
List Price
$2,500,000
Sold Price
$2,500,000

Purchase Details

Closed on
Nov 14, 2011
Sold by
Brady James S and Brady Sarah K
Bought by
Leibovitz Philip R and Mock Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%

Purchase Details

Closed on
Nov 11, 2011
Sold by
Brady James S and Brady Sarah K
Bought by
Leibovitz Philip R and Mock Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%
Source: Public Records

Range of Values:

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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
1347 Euelid Llc $2,500,000 --
1347 Euelid Llc $2,500,000 --
Leibovitz Philip R $1,600,000 --
Leibovitz Philip R $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leibovitz Philip R $1,000,000
Previous Owner Leibovitz Philip R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $2,500,000 0.0% $662 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $2,500,000 -- $662 / 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 $5,846 $78,150 $31,850 $46,300
2024 $4,170 $78,150 $31,850 $46,300
2023 $4,167 $78,150 $31,850 $46,300
2022 $4,033 $78,150 $31,850 $46,300
2021 $3,999 $78,150 $31,850 $46,300
2020 $3,987 $78,150 $31,850 $46,300
2019 $3,970 $78,150 $31,850 $46,300
2018 $3,432 $78,150 $0 $0
2017 $3,287 $78,150 $0 $0
2016 $3,136 $78,150 $0 $0
2015 $2,997 $78,150 $0 $0
2014 $2,975 $78,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000965726

Bright MLS

APN: 334-20.10-3.00