NOT LISTED FOR SALE

Estimated Value: $3,439,278 - $4,945,000

5 Beds
5.5 Baths
3,683 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $2,250,000 $611 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $22,735/month

253 Days on Market

Highlights

  • Marina
  • Ocean View
  • Water Access
  • Rehoboth Elementary School Rated A
  • Pier or Dock
  • In Ground Pool

About This Home

As of January 2013

4 levels of ocean views & over 3600 sq ft of space. Lavish details:elevator, observation deck w/ panoramic views, heated pool, hot tub,dedicated master level, and on.Private community, incl.pool,beach,marina,and tennis.Walk across street to beach.

Last Agent to Sell the Property

DERRICK LINGO

derrick@jacklingo.cominactive Jack Lingo - Rehoboth Listed on: 05/05/2012

Co-Listed By

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Last Buyer's Agent

Bob Jennings

(302) 228-7411 bobjenningsde@gmail.com Brokers Realty Group, LLC

Brokers Realty Group, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 154x95
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Cleared Lot

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Rubber Roof
  • Piling Construction
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,683 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Storage Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • Attached Garage
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Balcony

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-14.05-62.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Community Pool
  • Jogging Path
  • Bike Trail

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Washer, Water Heater
  • Flooring Type: Hardwood, Stone
  • Interior Amenities: Combination Kitchen/Dining, Pantry, Ceiling Fan(s), Elevator
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Foundation Details: Pilings
  • Level Count: 5
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Den, Laundry, Storage Room, Media Room, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3683
  • Living Area Sq Ft: 3683
  • Net Sq Ft: 3683.00
  • Price Per Sq Ft: 800.98
  • Above Grade Finished Sq Ft: 3683
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Cedar
  • Construction Completed: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Rubber
  • View: Ocean
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Circular Driveway, Gravel Driveway
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Bike Trail, Jog/Walk Path, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Swimming Pool, Security
  • HOA: Yes

Lot Info

  • Fencing: Fully
  • Lot Features: Cleared, Landscaping
  • Lot Size Area: 14630
  • Lot Dimensions: 154x95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14630.00
  • Outdoor Living Structures: Balcony

Rental Info

  • Total Actual Rent: 97550.00
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 334-14.05-62.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Margolis Barry J
Bought by
Key Properties Llc
Current Estimated Value
$4,179,820

Purchase Details

Listed on
May 5, 2012
Closed on
Jan 17, 2013
Sold by
David Bernard J and David Lisa
Bought by
Margolis Barry J
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Bob Jennings
Brokers Realty Group, LLC
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
May 5, 2012
Closed on
Jan 15, 2013
Sold by
David Bernard J and David Lisa
Bought by
Margolis Barry J
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Bob Jennings
Brokers Realty Group, LLC
List Price
$2,250,000
Sold Price
$2,250,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Key Properties Llc -- None Available
Margolis Barry J $2,250,000 --
Margolis Barry J $2,250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $2,250,000 0.0% $611 / Sq Ft
01/13/2013 01/13/13 Pending -- -- --
05/05/2012 05/05/12 For Sale $2,250,000 -- $611 / 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 $6,980 $91,000 $25,000 $66,000
2024 $4,485 $91,000 $25,000 $66,000
2023 $4,481 $91,000 $25,000 $66,000
2022 $4,325 $91,000 $25,000 $66,000
2021 $4,285 $91,000 $25,000 $66,000
2020 $4,272 $91,000 $25,000 $66,000
2019 $4,279 $91,000 $25,000 $66,000
2018 $3,996 $91,000 $0 $0
2017 $3,827 $91,000 $0 $0
2016 $3,635 $91,000 $0 $0
2015 $3,473 $91,000 $0 $0
2014 $3,448 $91,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000966064

Bright MLS

APN: 334-14.05-62.00