NOT LISTED FOR SALE

64 Glade Cir E Rehoboth Beach, DE 19971

Estimated Value: $820,908 - $1,131,000

4 Beds
2.5 Baths
2,500 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $755,000 $302 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,620/month

Highlights

  • Home fronts navigable water
  • Access to Tidal Water
  • 1.21 Acre Lot
  • Rehoboth Elementary School Rated A
  • Panoramic View
  • Deck

About This Home

As of April 2021

Waterfront home situated just off of the Lewes-Rehoboth Canal, in beautiful "The Glade" community. This home sits upon a 1.21 acre lot which boast breathtaking views of the Cape Henlopen State Park preserved marsh and Lewes-Rehoboth Canal. Minutes from downtown Rehoboth Beach, and Lewes, DE. This community is almost entirely surrounded by state preserved properties including the beautiful Cape Henlopen State Park. The fantastic Breakwater Junction biking and walking trail is just a mile away from this home, giving residents the ability to walk and bike into downtown Lewes and Rehoboth while enjoying the beautiful scenery along the way. This is a one of a kind property in an ever-growing area. Home has good bones, but is due for some updating and work. A great opportunity for an investor looking for a fixer-upper in hot Rehoboth Beach market! (Finished square-footage of home is estimated).

Last Agent to Sell the Property

Brent Reed

(302) 265-7400 brent@reedventures.net Cape Realty Listed on: 12/09/2020

Last Buyer's Agent

Brent Reed

(302) 265-7400 brent@reedventures.net Cape Realty Listed on: 12/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1995

Lot Details

  • 1.21 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property is in good condition
  • Property is zoned AR-1

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Canal

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • Stone Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Property is near a canal
  • Deck
  • Screened Patio
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Propane
  • 60 Gallon+ Water Heater
  • Cable TV Available

Additional Features

  • Halls are 48 inches wide or more
  • Flood Risk

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 334-07.00-198.00

Community Details

Overview

  • $600 Capital Contribution Fee
  • The Glade Subdivision
  • Property Manager

Recreation

  • Lap or Exercise Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1995

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 48"+ Halls
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-12-20
  • Federal Flood Zone: Yes
  • Year Built: 1995
  • Automatically Close On Close Date: Yes
  • Remarks Public: Waterfront home situated just off of the Lewes-Rehoboth Canal, in beautiful "The Glade" community. This home sits upon a 1.21 acre lot which boast breathtaking views of the Cape Henlopen State Park preserved marsh and Lewes-Rehoboth Canal. Minutes from downtown Rehoboth Beach, and Lewes, DE. This community is almost entirely surrounded by state preserved properties including the beautiful Cape Henlopen State Park. The fantastic Breakwater Junction biking and walking trail is just a mile away from this home, giving residents the ability to walk and bike into downtown Lewes and Rehoboth while enjoying the beautiful scenery along the way. This is a one of a kind property in an ever-growing area. Home has good bones, but is due for some updating and work. A great opportunity for an investor looking for a fixer-upper in hot Rehoboth Beach market! (Finished square-footage of home is estimated).
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer - Front Loading, Microwave, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Combination Dining/Living, Entry Level Bedroom, Walk-In Closet(s)
  • Fireplace Features: Wood, Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 320.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 64

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built, Brick
  • Exterior Features: Outside Shower
  • Roof: Asphalt
  • Spa: No
  • View: Canal, Panoramic, Water
  • Water Access Features: Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Rehoboth Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Propane
  • Water Source: Private
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 399.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, Concrete, In Ground, Lap/Exercise

Fee Information

  • Capital Contribution Fee: 600.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Land Use Code: RS
  • Lot Size Acres: 1.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52708.00
  • Outdoor Living Structures: Deck(s), Screened, Wrap Around
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: AR-1
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5210902
  • School Tax: 1736.00
  • Tax Annual Amount: 1918.00
  • Assessor Parcel Number: 334-07.00-198.00
  • Tax Lot: 58
  • Tax Total Finished Sq Ft: 784
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/01/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Apr 1, 2021
Sold by
Reed Michele L
Bought by
Claffey Douglas J and Claffey Cynthia S
Seller's Agent
Brent Reed
Cape Realty
Buyer's Agent
Brent Reed
Cape Realty
List Price
$849,999
Sold Price
$755,000
Premium/Discount to List
-$94,999
-11.18%
Current Estimated Value
$1,000,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,727
Avg. Annual Appreciation
6.43%
Original Mortgage
$531,250
Outstanding Balance
$398,782
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$601,945

Purchase Details

Closed on
Sep 1, 2016
Sold by
Reed Joseph P
Bought by
Reed Michele L
Source: Public Records

Range of Values:

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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
Claffey Douglas J $755,000 None Available
Reed Michele L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claffey Douglas J $531,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $755,000 -5.6% $302 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $799,990 -3.0% $320 / Sq Ft
01/13/2021 01/13/21 Price Changed $824,500 -3.0% $330 / Sq Ft
12/09/2020 12/09/20 For Sale $849,999 -- $340 / 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 $1,936 $40,850 $10,000 $30,850
2024 $2,013 $40,850 $10,000 $30,850
2023 $2,012 $40,850 $10,000 $30,850
2022 $1,942 $40,850 $10,000 $30,850
2021 $1,924 $40,850 $10,000 $30,850
2020 $1,918 $40,850 $10,000 $30,850
2019 $1,921 $40,850 $10,000 $30,850
2018 $1,794 $40,850 $0 $0
2017 $1,718 $40,850 $0 $0
2016 $1,632 $40,850 $0 $0
2015 $1,559 $40,850 $0 $0
2014 $1,548 $40,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU171998

Bright MLS

APN: 334-07.00-198.00