NOT LISTED FOR SALE

Estimated Value: $3,096,000 - $3,998,000

6 Beds
3 Baths
-- Sq Ft
4,996 Sq Ft Lot

Sale Details

Date Sold: July 9, 2019

Last sale price $1,500,000 $0 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $20,260 / mo

149 Days on Market

Highlights

  • Oceanfront Bldg, View Varies
  • No HOA
  • Forced Air Heating System
  • Rehoboth Elementary School Rated A
  • Cottage
  • 1-minute walk to Lake Gerar Park

About This Home

As of July 2019

Excellent opportunity to own this seaside cottage beach block with amazing ocean views. The welcoming front porch leads to 6 bedrooms and 3 full baths, living room with fireplace, dining room, butler's pantry, kitchen, sun room, screened porch and more! Second floor deck to enjoy the amazing ocean views! Excellent Value! Sold As Is!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 01/22/2019

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

(302) 227-4800 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Russell Stucki

(302) 227-4800 russellstucki@remax.net RE/MAX Realty Group Rehoboth

RE/MAX Realty Group Rehoboth
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Lot Details

  • 4,996 Sq Ft Lot
  • Oceanfront Bldg, View Varies

Parking

  • Driveway

Home Design

  • Cottage

Bedrooms and Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Powered By Leased Propane

Additional Features

  • Property has 2 Levels
  • Flood Risk

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 334-14.14-4.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Lot Details

4,996 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4996.00
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196219
  • School Tax: 894.00
  • Tax Annual Amount: 1548.00
  • Assessor Parcel Number: 334-14.14-4.00
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Aug 16, 2019
Sold by
Nrt Holdings Llc
Bought by
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Current Estimated Value
$3,569,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,069,500
Avg. Annual Appreciation
12.79%

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jul 9, 2019
Sold by
Royal Cabana Llc
Bought by
Nrt Holdings Llc
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Russell Stucki
RE/MAX Realty Group Rehoboth
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%

Purchase Details

Closed on
Feb 13, 2017
Sold by
Patterson Thomas Edward
Bought by
Royal Cabana Llc A Delaware Limited Liab

Purchase Details

Closed on
Oct 4, 1990
Bought by
Patterson Thomas Edward
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Nrt Holdings Llc $1,500,000 --
Royal Cabana Llc A Delaware Limited Liab -- None Available
Patterson Thomas Edward $225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2019 07/09/19 Sold $1,500,000 +1.7% --
06/20/2019 06/20/19 Pending -- -- --
05/16/2019 05/16/19 Price Changed $1,475,000 -15.7% --
02/19/2019 02/19/19 Price Changed $1,749,999 -2.8% --
01/22/2019 01/22/19 For Sale $1,800,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,780 $22,650 $15,000 $7,650
2024 $1,116 $22,650 $15,000 $7,650
2023 $1,115 $22,650 $15,000 $7,650
2022 $1,077 $22,650 $15,000 $7,650
2021 $1,067 $22,650 $15,000 $7,650
2020 $1,063 $22,650 $15,000 $7,650
2019 $1,065 $22,650 $15,000 $7,650
2018 $995 $22,650 $0 $0
2017 $953 $22,650 $0 $0
2016 $905 $22,650 $0 $0
2015 $865 $22,650 $0 $0
2014 $858 $22,650 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DESU129740

Bright MLS

APN: 334-14.14-4.00

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