NOT LISTED FOR SALE

7 Norfolk St Rehoboth Beach, DE 19971

Estimated Value: $4,009,876 - $4,710,000

4 Beds
2.5 Baths
-- Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: November 14, 2012

Last sale price $1,600,000

Est. 172% increase in value since last sale

Current estimated payment $23,790 / mo

10 Days on Market

Highlights

  • Ocean View
  • Colonial Architecture
  • Wood Flooring
  • Rehoboth Elementary School Rated A
  • Wood Burning Stove
  • Attic

About This Home

As of November 2012

Excellent Ocean Block Location Only 3 Homes From The Boardwalk & Situated On An Oversized 87'x 100' +/- Building Lot! This Property Offers Incredible Potential For The Buyer Willing To Renovate This Classic Rehoboth Colonial, Or Build Anew w/ Options Of Lg Home, Pool, Garage & More w/ Large Lot Size

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/24/2012

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Dave McCarthy

(302) 426-2080 dave@reinrb.com Dave McCarthy & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1940

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 87.5 x 100
  • Cleared Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Window Screens
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Ocean Views
  • Attic

Kitchen

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

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Municipal Trash

Additional Features

  • Enclosed Patio or Porch
  • Flood Risk

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.06-30.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 1940

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • 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
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Attic, Pantry, Window Treatments
  • Window Features: Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Level Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Sun/Florida Room, Laundry, Additional Bedroom
  • Basement: No

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stick Built, Aluminum Siding, Wood Siding
  • Construction Completed: Yes
  • Roof: Shingle, Asphalt
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Refuse: 255.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Wood Burn Stove, Baseboard, Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 267.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.02
  • Lot Dimensions: 87.5 x 100
  • Lot Size Units: Acres
  • Outdoor Living Structures: Porch(es), Enclosed
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1372.00
  • Assessor Parcel Number: 334-20.06-30.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2013
Sold by
Das Saurabh B and Das Suzanne C
Bought by
Lulu Llc
Current Estimated Value
$4,349,292

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 29, 2012
Sold by
Pnc Bank Na Successor Trustee Of The Eli
Bought by
Das Saurabh B and Das Suzanne C
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,200,000
Interest Rate
3.4%

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 15, 2012
Sold by
Pnc Bank Na Successor Trustee Of The Eli
Bought by
Das Saurabh B and Das Suzanne C
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.4%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Timothy H Timothy H
Bought by
Pnc Bank

Purchase Details

Closed on
Mar 28, 2012
Sold by
Timothy H Timothy H
Bought by
Pnc Bank
Source: Public Records
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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
Lulu Llc -- --
Das Saurabh B $1,600,000 --
Das Saurabh B $1,600,000 --
Pnc Bank -- --
Pnc Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Das Saurabh B $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $1,600,000 0.0% --
10/04/2012 10/04/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $1,600,000 -- --
Source: Bright MLS

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 $6,585 $65,650 $21,750 $43,900
2024 $3,236 $65,650 $21,750 $43,900
2023 $3,233 $65,650 $21,750 $43,900
2022 $3,120 $65,650 $21,750 $43,900
2021 $3,092 $65,650 $21,750 $43,900
2020 $3,082 $65,650 $21,750 $43,900
2019 $3,087 $65,650 $21,750 $43,900
2018 $2,883 $65,650 $0 $0
2017 $2,761 $65,650 $0 $0
2016 $2,622 $65,650 $0 $0
2015 $2,506 $65,650 $0 $0
2014 -- $32,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000968950

Bright MLS

APN: 334-20.06-30.00

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