NOT LISTED FOR SALE

Estimated Value: $559,438 - $3,709,000

5 Beds
2.5 Baths
1,957 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $1,640,000 $838 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,012/month

41 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Cottage
  • Rehoboth Elementary School Rated A
  • No HOA
  • 5-minute walk to Lake Gerar Park

About This Home

As of November 2018

Ocean block opportunity in The Pines of North Rehoboth! This 1921 coastal cottage exudes charm featuring a welcoming front porch, cedar paneling throughout, original hardwood floors and a wood burning fireplace too. This home boasts 5 bedrooms, 2.5 baths, outside shower, 1-car detached garage and a spacious rear yard offering plenty of room for backyard barbecues and summer fun! Located just steps to the white sandy North Rehoboth Beaches, this property's location leaves little to be desired. This home has potential for a renovation or the ideal location for your new dream home in Rehoboth Beach!

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 09/22/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Frank Parks

(302) 245-2922 frank@c21hometeam.com Century 21 Home Team Realty License #RB-0020614

Century 21 Home Team Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1921

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Partially Fenced Property
  • Back Yard
  • Property is zoned TN, Town Codes (R-1)

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Wood Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,957 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Paneling
  • Low Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 195.00
  • Assessor Parcel Number 334-14.09-195.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,381

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1921
  • Remarks Public: Ocean block opportunity in The Pines of North Rehoboth! This 1921 coastal cottage exudes charm featuring a welcoming front porch, cedar paneling throughout, original hardwood floors and a wood burning fireplace too. This home boasts 5 bedrooms, 2.5 baths, outside shower, 1-car detached garage and a spacious rear yard offering plenty of room for backyard barbecues and summer fun! Located just steps to the white sandy North Rehoboth Beaches, this property's location leaves little to be desired. This home has potential for a renovation or the ideal location for your new dream home in Rehoboth Beach!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Water Heater, Washer, Dryer, Disposal, Dishwasher, Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Kitchen - Eat-In, Kitchen - Table Space
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Paneled Walls, Low
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1957
  • Living Area Sq Ft: 1957
  • Price Per Sq Ft: 866.12
  • Above Grade Finished Sq Ft: 1957
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • 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
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Exterior Features: Outside Shower
  • Roof: Architectural Shingle, Wood
  • Spa: No
  • 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: 3
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Fencing: Partially
  • Lot Features: Rear Yard, Road Frontage
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Enclosed
  • Zoning: TN
  • Zoning Description: Town Codes (R-1)
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1381.00
  • Assessor Parcel Number: 334-14.09-195.00
  • Tax Lot: 195.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/27/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2018
Closed on
Jan 24, 2019
Sold by
Sweigart John G
Bought by
Sweigart John G and Sweigart Jennifer S
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Frank Parks
Century 21 Home Team Realty
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%
Current Estimated Value
$2,361,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,146
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Sep 22, 2018
Closed on
Nov 27, 2018
Sold by
Peters Ft
Bought by
Sweigart John G
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Frank Parks
Century 21 Home Team Realty
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%

Purchase Details

Closed on
Jan 2, 2001
Bought by
Peters Nancy (Trustee)
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
Sweigart John G -- --
Sweigart John G $1,640,000 --
Peters Nancy (Trustee) -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $1,640,000 -3.2% $838 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $1,695,000 -- $866 / 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 $5,928 $19,850 $12,500 $7,350
2024 $2,255 $19,850 $12,500 $7,350
2023 $2,253 $19,850 $12,500 $7,350
2022 $2,174 $19,850 $12,500 $7,350
2021 $2,154 $19,850 $12,500 $7,350
2020 $2,148 $19,850 $12,500 $7,350
2019 $933 $19,850 $12,500 $7,350
2018 $872 $19,850 $0 $0
2017 $835 $19,850 $0 $0
2016 $793 $19,850 $0 $0
2015 $758 $19,850 $0 $0
2014 $752 $19,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002499304

Bright MLS

APN: 334-14.09-195.00