NOT LISTED FOR SALE

Estimated Value: $1,580,000 - $3,714,000

5 Beds
5 Baths
4,792 Sq Ft
$556/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $720,000 $150 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $14,718/month

281 Days on Market

Highlights

  • Spa
  • Coastal Architecture
  • Private Lot
  • Rehoboth Elementary School Rated A
  • Deck
  • 2-minute walk to Dune Nature Park

About This Home

As of November 2020

Looking for a great home to share with your family or purchase with your friends? Maybe get in to the air B&B business? Look no further! This is a 5 Bedroom 5 bath home with off street parking for 5+ cars. Lower level master suite with updated Bathroom All 5 bedrooms are en-suite. 3 bedrooms upstairs and 2 bedrooms on main level. There is a large attic space that could be turned into an additional suite. The large rear deck has a hot tub and a beautiful sun shade. The same owner has an adjoining property listed for sale DESU153878 if you really want to expand your fun you can bundle them together to make the ultimate beach compound experience. Walk or crawl ( depending on how much fun you have had) to the local bars, restaurants and THE BEACH!This building was used as a 4 bedroom bed and breakfast with an owner suite. The Theme for this building is movie star and is called Bedazzeled. The furniture and decorations are negotiable. The kitchen is currently accessed through the owner suite. The adjoining bedroom of Clark Gable has an access door to the kitchen that is blocked that could serve as another way to access the kitchen. The deck currently adjoins both homes. There is a right of way to the parking lot behind both buildings in place. This is one of those properties that you just need to see. Your propertunity awaits you! Come take a tour.

Last Agent to Sell the Property

Emma Payne

EXP Realty, LLC Listed on: 01/11/2020

EXP Realty, LLC

Last Buyer's Agent

JESSICA BRADLEY

Jack Lingo - Rehoboth License #RS-0015408

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1943

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 101.00
  • Downtown Location
  • Vinyl Fence
  • Landscaped
  • Private Lot
  • Cleared Lot
  • Front Yard
  • Additional Parcels
  • Property is zoned TN

Home Design

  • Coastal Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 4,792 Sq Ft Home
  • Property has 2 Levels
  • 5 Fireplaces
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Awning
  • Living Room
  • Attic

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 16 Open Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Exterior Lighting
  • Breezeway
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 65
  • Assessor Parcel Number 334-14.17-68.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Heater, Built-In Microwave
  • Interior Amenities: Attic
  • Fireplace Features: Insert, Other, Free Standing
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Attic, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 4792
  • Living Area Sq Ft: 4792
  • Price Per Sq Ft: 302.59
  • Above Grade Finished Sq Ft: 4792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 65

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Awning(s), Bbq Grill, Exterior Lighting, Hot Tub, Outside Shower, Sidewalks, Street Lights
  • Road Surface Type: Paved, Gravel
  • Spa: Yes
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 16
  • Parking Features: Gravel Driveway, Private
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Fencing: Vinyl
  • Land Use Code: RS
  • Lot Features: Cleared, Front Yard, Landscaping, Private
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 101.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Deck(s), Breezeway
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • School Tax: 763.00
  • Tax Annual Amount: 1384.00
  • Assessor Parcel Number: 334-14.17-68.00
  • Tax Lot: 65
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/23/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Nov 23, 2020
Sold by
Sea Witch Inn Inc
Bought by
Pnsde Lake Llc
Seller's Agent
Emma Payne
EXP Realty, LLC
Buyer's Agent
JESSICA BRADLEY
Jack Lingo - Rehoboth
List Price
$1,450,000
Sold Price
$720,000
Premium/Discount to List
-$730,000
-50.34%
Current Estimated Value
$2,666,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,946,000
Avg. Annual Appreciation
31.66%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Kathleen L Kathleen L
Bought by
Sea Witch Inn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.81%
Mortgage Type
New Conventional
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
Pnsde Lake Llc $1,530,000 None Available
Sea Witch Inn Inc $797,649 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sea Witch Inn Inc $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $720,000 -50.3% $150 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $1,450,000 0.0% $303 / Sq Ft
07/14/2020 07/14/20 For Sale $1,450,000 +101.4% $303 / Sq Ft
06/01/2020 06/01/20 Off Market $720,000 -- --
01/11/2020 01/11/20 For Sale $2,499,000 -- $521 / 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
2024 $2,637 $17,950 $10,000 $7,950
2023 $2,635 $17,950 $10,000 $7,950
2022 $713 $17,950 $10,000 $7,950
2021 $845 $17,950 $10,000 $7,950
2020 $843 $17,950 $10,000 $7,950
2019 $844 $17,950 $10,000 $7,950
2018 $788 $17,950 $0 $0
2017 $755 $17,950 $0 $0
2016 $717 $17,950 $0 $0
2015 $695 $18,200 $0 $0
2014 $690 $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU153874

Bright MLS

APN: 334-14.17-68.00