NOT LISTED FOR SALE

7 Far View Rd Rehoboth Beach, DE 19971

Estimated Value: $642,444 - $4,965,000

4 Beds
3.5 Baths
2,719 Sq Ft
$911/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $1,325,000 $487 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $14,127/month

Highlights

  • Marina
  • Boat Dock
  • Coastal Architecture
  • Rehoboth Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of August 2017

Steps to the ocean! Charming 2,719 sq. ft. 4 bedroom,3.5 bath beach home nestled in tranquil North Shores. An open floor plan with 1,078 sq. ft. deck overlooking mature pines that provides a private oasis on a raised deck and screened vistas. Features include: 1st and 2nd floor master suites, sun filled 2 story living room, cedar impression siding, hardwood, a wet bar, outside shower, storage shed & large street side parking area edged in varied mature trees . While constructed in 1967 the effective age of this home is 20 years as the home has undergone extensive renovations and is meticulously maintained. A 1989 complete rebuild expanded the home by about 1,000 sq ft. Please ask your agent for the fact sheet outlining this work. Improvements since include: new roof 2006,cedar impression siding 2008, 2 zone central AC 2011, and stainless appliances in 2102. Residents of North Shores enjoy a swimming pool, tennis courts, a marina, and private beach. Please watch the virtual tour.

Last Agent to Sell the Property

Cynthia Daniel

(302) 745-0826 cynthia.daniel@longandfoster.com Jack Lingo - Rehoboth License #RS-0013896 Listed on: 10/29/2016

Jack Lingo - Rehoboth

Co-Listed By

Susannah Griffin

(302) 245-6646 susannah@lnf.com Long & Foster Real Estate, Inc. License #RS-0015236

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,610

Year Built

  • Built in 1967

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 94.71x170.65x90x10
  • Landscaped
  • Wooded Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,719 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Outbuilding

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-113.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Boat Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,610

Year Built

Built in 1967

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1967
  • Remarks Public: Steps to the ocean! Charming 2,719 sq. ft. 4 bedroom,3.5 bath beach home nestled in tranquil North Shores. An open floor plan with 1,078 sq. ft. deck overlooking mature pines that provides a private oasis on a raised deck and screened vistas. Features include: 1st and 2nd floor master suites, sun filled 2 story living room, cedar impression siding, hardwood, a wet bar, outside shower, storage shed & large street side parking area edged in varied mature trees . While constructed in 1967 the effective age of this home is 20 years as the home has undergone extensive renovations and is meticulously maintained. A 1989 complete rebuild expanded the home by about 1,000 sq ft. Please ask your agent for the fact sheet outlining this work. Improvements since include: new roof 2006,cedar impression siding 2008, 2 zone central AC 2011, and stainless appliances in 2102. Residents of North Shores enjoy a swimming pool, tennis courts, a marina, and private beach. Please watch the virtual tour.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Wet/Dry Bar, Window Treatments
  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Pilings, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Family Room, Great Room, Laundry, Loft, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2719
  • Living Area Sq Ft: 2719
  • Net Sq Ft: 2719.00
  • Price Per Sq Ft: 533.28
  • Above Grade Finished Sq Ft: 2719
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Outside Shower, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Parking Features: Gravel Driveway
  • Number Of Parking Spaces Included: 3+ Car Parking
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 330.00
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Sewer Expenses: 1050.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Cable, Marina/Marina Club, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Security, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: Yes

Schools

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

Lot Info

  • Lot Features: Landscaping, Trees/Wooded
  • Lot Size Acres: 0.39
  • Lot Dimensions: 94.71x170.65x90x10
  • Lot Size Units: Acres
  • Lot Sq Ft: 16988.00
  • Outdoor Living Structures: Deck(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5211218
  • Assessor Parcel Number: 334-08.17-113.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/21/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2016
Closed on
Aug 21, 2017
Sold by
Gfox Llc
Bought by
Miller Fairview Llc
Seller's Agent
Cynthia Daniel
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,450,000
Sold Price
$1,325,000
Premium/Discount to List
-$125,000
-8.62%
Current Estimated Value
$2,478,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153,111
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Dec 27, 2016
Sold by
7 Fairview Road Llc
Bought by
Gfox Llc A California Limited Liability

Purchase Details

Closed on
Sep 10, 2010
Bought by
7 Farview Road Llc

Purchase Details

Closed on
Aug 25, 2010
Bought by
7 Farview Road Llc
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
Miller Fairview Llc $1,325,000 None Available
Gfox Llc A California Limited Liability -- None Available
7 Farview Road Llc -- --
7 Farview Road Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $1,325,000 -8.6% $487 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
10/29/2016 10/29/16 For Sale $1,450,000 -- $533 / 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 $9,610 $42,350 $10,000 $32,350
2024 $4,498 $42,350 $10,000 $32,350
2023 $4,494 $42,350 $10,000 $32,350
2022 $4,337 $42,350 $10,000 $32,350
2021 $2,336 $42,350 $10,000 $32,350
2020 $2,329 $42,350 $10,000 $32,350
2019 $2,332 $42,350 $10,000 $32,350
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: 1001022758

Bright MLS

APN: 334-08.17-113.00