NOT LISTED FOR SALE

605 King Charles Ave Rehoboth Beach, DE 19971

Estimated Value: $3,763,264 - $4,543,000

5 Beds
4 Baths
3,350 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $3,500,000 $1,045 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $21,797/month

74 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Coastal Architecture
  • 4-minute walk to Stockley Street Park

About This Home

As of March 2024

This stunning custom-built South Rehoboth home is just 1 block to the beach & located in one of Rehoboth’s most desirable neighborhoods. Expertly sited on King Charles between New Castle & Stockley St., this bright and airy home offers the ultimate in relaxed elegance with multiple outdoor living spaces that include a screened porch and 3 separate decks for entertaining or spending a lazy day reading a book and relaxing while smelling the salt air and listening to the ocean waves crashing against the shore. Watch the 4th of July fireworks from the front deck! The home's location is ideal, with easy access to the beaches in-town Rehoboth, downtown shops and restaurants, Gordons Pond State Park, the Delaware Bay beaches, and charming Historic Lewes. The extensive bike trail system also provides a great way to explore the local area. With 5 spacious bedrooms and 4 modern baths, this home allows enough room for the entire family or a large group of friends to be gathered at one time. On the 1st level you will find a modern kitchen with large dining area, additional counter seating, family room with gas fireplace, sunroom, 1st floor bedroom with attached full bath, large mahogany deck, a screened porch, separate laundry room with side entrance and an additional living area in the front of the home which offers direct access to the screened porch. An outdoor shower adds to the convenience of coming home from the beach, rinsing off and relaxing. This beach home offers multiple interior and exterior open spaces conducive to entertaining a large family or friends, or small intimate dinner parties. Additional amenities include a 2nd floor office/flex room, plantation shutters throughout, under-counter kitchen lighting, quartz countertops, gas fireplace, random plank pine flooring, multi-zone heating & cooling, large, floored attic space, security system, irrigation, outdoor landscape lighting package and a fully fenced yard. This 3350 sq. ft. home cannot be duplicated based upon current building specifications in-town Rehoboth. Sold furnished and ready to go for the 2024 season. Call for a private viewing today.

Last Agent to Sell the Property

Mike Kogler Team

(302) 227-2541 michael.kogler@LNF.com Long & Foster Real Estate, Inc. License #RS-0016259 Listed on: 12/12/2023

Long & Foster Real Estate, Inc.

Co-Listed By

CAROL LAZZARA

(401) 952-3902 lazzrealtor@gmail.com Long & Foster Real Estate, Inc. License #RS-0023962

Last Buyer's Agent

Valerie Vinson

(443) 745-6551 valvinsonhomes@gmail.com Century 21 Redwood Realty License #RS-0039126

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 48.00 x 100.00
  • Picket Fence
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,350 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors

Parking

  • 5 Parking Spaces
  • 3 Driveway Spaces
  • Fenced Parking

Outdoor Features

  • Outdoor Shower
  • Multiple Balconies
  • Screened Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 334-20.06-115.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: See attached list.
  • Inclusions: Sold Furnished with exclusions.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This stunning custom-built South Rehoboth home is just 1 block to the beach & located in one of Rehoboth’s most desirable neighborhoods. Expertly sited on King Charles between New Castle & Stockley St., this bright and airy home offers the ultimate in relaxed elegance with multiple outdoor living spaces that include a screened porch and 3 separate decks for entertaining or spending a lazy day reading a book and relaxing while smelling the salt air and listening to the ocean waves crashing against the shore. Watch the 4th of July fireworks from the front deck! The home's location is ideal, with easy access to the beaches in-town Rehoboth, downtown shops and restaurants, Gordons Pond State Park, the Delaware Bay beaches, and charming Historic Lewes. The extensive bike trail system also provides a great way to explore the local area. With 5 spacious bedrooms and 4 modern baths, this home allows enough room for the entire family or a large group of friends to be gathered at one time. On the 1st level you will find a modern kitchen with large dining area, additional counter seating, family room with gas fireplace, sunroom, 1st floor bedroom with attached full bath, large mahogany deck, a screened porch, separate laundry room with side entrance and an additional living area in the front of the home which offers direct access to the screened porch. An outdoor shower adds to the convenience of coming home from the beach, rinsing off and relaxing. This beach home offers multiple interior and exterior open spaces conducive to entertaining a large family or friends, or small intimate dinner parties. Additional amenities include a 2nd floor office/flex room, plantation shutters throughout, under-counter kitchen lighting, quartz countertops, gas fireplace, random plank pine flooring, multi-zone heating & cooling, large, floored attic space, security system, irrigation, outdoor landscape lighting package and a fully fenced yard. This 3350 sq. ft. home cannot be duplicated based upon current building specifications in-town Rehoboth. Sold furnished and ready to go for the 2024 season. Call for a private viewing today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Instant Hot Water, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Washer, Water Heater - Tankless
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Family Room Off Kitchen, Kitchen - Gourmet, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3350
  • Living Area Sq Ft: 3350
  • Price Per Sq Ft: 1089.55
  • Above Grade Finished Sq Ft: 3350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 605

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Awning(s), Exterior Lighting, Lawn Sprinkler, Outside Shower
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Fenced, Paved Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 3
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System, Motion Detectors
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully, Picket
  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Size Acres: 0.11
  • Lot Dimensions: 48.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Balconies- Multiple, Porch(es), Screened
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1897.00
  • Tax Annual Amount: 2949.12
  • Assessor Parcel Number: 334-20.06-115.00
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 658
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/25/2024

Multi Family

  • Federal Flood Zone: AE & X

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 25, 2024
Sold by
Ingersoll Joseph Warren and Ingersoll Anne Elizabeth
Bought by
Jlzd Llc
Seller's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
Buyer's Agent
Valerie Vinson
Century 21 Redwood Realty
List Price
$3,850,000
Sold Price
$3,500,000
Premium/Discount to List
-$350,000
-9.09%
Views
122
Current Estimated Value
$4,029,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,755
Avg. Annual Appreciation
9.72%
Original Mortgage
$770,000
Outstanding Balance
$757,359
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$3,272,396

Purchase Details

Listed on
Aug 18, 2012
Closed on
Nov 26, 2012
Sold by
Anderson Paul H and Anderson Lynn J
Bought by
Ingersoll Joseph Warren and Ingersoll Anne Elizabeth
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
List Price
$1,825,000
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$500,000
Interest Rate
3.4%

Purchase Details

Listed on
Aug 18, 2012
Closed on
Nov 14, 2012
Sold by
Anderson Paul H and Anderson Lynn J
Bought by
Ingersoll Joseph Warren and Ingersoll Anne Elizabeth
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Mike Kogler Team
Long & Foster Real Estate, Inc.
List Price
$1,825,000
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.4%
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
Jlzd Llc $3,500,000 None Listed On Document
Ingersoll Joseph Warren $1,825,000 --
Ingersoll Joseph Warren $1,825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlzd Llc $770,000
Previous Owner Ingersoll Joseph Warren $500,000
Previous Owner Ingersoll Joseph Warren $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $3,500,000 -4.1% $1,045 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
01/13/2024 01/13/24 Price Changed $3,650,000 -6.3% $1,090 / Sq Ft
12/12/2023 12/12/23 Price Changed $3,895,000 +1.2% $1,163 / Sq Ft
12/12/2023 12/12/23 For Sale $3,850,000 +111.0% $1,149 / Sq Ft
11/19/2012 11/19/12 Sold $1,825,000 0.0% $545 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
08/18/2012 08/18/12 For Sale $1,825,000 -- $545 / 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 $5,197 $42,350 $9,600 $32,750
2024 $2,087 $42,350 $9,600 $32,750
2023 $2,086 $42,350 $9,600 $32,750
2022 $2,013 $42,350 $9,600 $32,750
2021 $1,994 $42,350 $9,600 $32,750
2020 $1,988 $42,350 $9,600 $32,750
2019 $1,991 $42,350 $9,600 $32,750
2018 $1,860 $42,350 $0 $0
2017 $1,781 $42,350 $0 $0
2016 $1,692 $42,350 $0 $0
2015 $1,616 $42,350 $0 $0
2014 $1,605 $42,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052528

Bright MLS

APN: 334-20.06-115.00