NOT LISTED FOR SALE

70 Sussex St Rehoboth Beach, DE 19971

Estimated Value: $686,522 - $2,985,000

5 Beds
5.5 Baths
2,490 Sq Ft
$888/Sq Ft Est. Value

Last Sold June 30, 2019

Last sale price $1,665,000 $669 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,405/month

71 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Open Floorplan
  • Rehoboth Elementary School Rated A
  • Gourmet Kitchen
  • 3-minute walk to Deer Park

About This Home

As of June 2019

Designed to be distinctively different, this contemporary farmhouse in downtown Rehoboth Beach will be nestled perfectly on a North Rehoboth premier lot. The home will surround the private in ground pool letting the outdoors flow in and the fun spill over into your yard. Meticulously designed by the builder, a local design firm and the sellers, this home truly has it all. No detail has been overlooked and every upgrade has been carefully added to ensure the best function, form and design for year round living or the perfect beach retreat. Located just 1 block to town and 3.5 blocks to the surf and sand. The lucky new owner can still choose colors & finishes! Expected to be complete by the end of June. Call today for a detailed package or hard hat tour.

Last Agent to Sell the Property

Brian Barrows

Monument Sotheby's International Realty License #RA-0020621 Listed on: 10/08/2018

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Last Buyer's Agent

Jennifer Barrows

Monument Sotheby's International Realty

Monument Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $333

Lot Details

  • 5,000 Sq Ft Lot
  • Sprinkler System

Home Design

  • New Construction
  • Contemporary Architecture
  • Advanced Framing
  • Blown-In Insulation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,490 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Doors
  • Great Room
  • Crawl Space

Kitchen

  • Gourmet Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Back Up Gas Heat Pump System
  • 220 Volts
  • Tankless Water Heater

Additional Features

  • Energy-Efficient Windows
  • In Ground Pool

Community Details

  • No Home Owners Association
  • Built by Graulich Builders
  • North Rehoboth Subdivision, Custom Design Floorplan

Listing and Financial Details

  • Tax Lot 27.00
  • Assessor Parcel Number 334-14.17-27.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$333

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Remarks Public: Designed to be distinctively different, this contemporary farmhouse in downtown Rehoboth Beach will be nestled perfectly on a North Rehoboth premier lot. The home will surround the private in ground pool letting the outdoors flow in and the fun spill over into your yard. Meticulously designed by the builder, a local design firm and the sellers, this home truly has it all. No detail has been overlooked and every upgrade has been carefully added to ensure the best function, form and design for year round living or the perfect beach retreat. Located just 1 block to town and 3.5 blocks to the surf and sand. The lucky new owner can still choose colors & finishes! Expected to be complete by the end of June. Call today for a detailed package or hard hat tour.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Water Heater - Tankless
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Gourmet
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, High
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Kitchen, Great Room
  • Basement: No
  • Total Sq Ft: 2490
  • Living Area Sq Ft: 2490
  • Price Per Sq Ft: 680.72
  • Above Grade Finished Sq Ft: 2490
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 70

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Advanced Framing, Blown-In Insulation
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Tankless
  • 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: CAPE HENLOPEN
  • School District Key: 300200396895
  • 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: 5000.00
  • Zoning: Q
  • In City Limits: Yes

Building Info

  • Builder Name: Graulich Builders

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5196671
  • Tax Annual Amount: 333.36
  • Assessor Parcel Number: 334-14.17-27.00
  • Tax Lot: 27.00
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 06/30/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Jul 12, 2019
Sold by
Hauptman Howard H and Hauptman Patricia L
Bought by
Segev Gilad and Segev Molly
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Jennifer Barrows
Monument Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,665,000
Premium/Discount to List
-$30,000
-1.77%
Current Estimated Value
$2,211,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,174
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,125,000
Outstanding Balance
$993,617
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$998,294

Purchase Details

Listed on
Jun 20, 2016
Closed on
Apr 30, 2018
Sold by
Hellens Barbara and Esham Trudy
Bought by
Hauptman Howard W and Hauptman Patricia L
Seller's Agent
Ronald Cook
Patterson-Schwartz-Rehoboth
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$949,000
Sold Price
$675,000
Premium/Discount to List
-$274,000
-28.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.34%
Source: Public Records

Range of Values:

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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
Segev Gilad $1,665,000 --
Hauptman Howard W $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segev Gilad $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2019 06/30/19 Sold $1,665,000 -1.8% $669 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $1,695,000 +151.1% $681 / Sq Ft
04/30/2018 04/30/18 Sold $675,000 -22.3% --
03/06/2017 03/06/17 Price Changed $869,000 -3.3% --
08/11/2016 08/11/16 Price Changed $899,000 -5.3% --
06/20/2016 06/20/16 For Sale $949,000 -- --
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
2024 $1,900 $16,150 $8,750 $7,400
2023 $1,898 $16,150 $8,750 $7,400
2022 $1,832 $16,150 $8,750 $7,400
2021 $1,815 $16,150 $8,750 $7,400
2020 $1,810 $16,150 $8,750 $7,400
2019 $759 $16,150 $8,750 $7,400
2018 $709 $16,150 $0 $0
2017 $679 $16,150 $0 $0
2016 $645 $16,150 $0 $0
2015 $616 $16,150 $0 $0
2014 $612 $16,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009217666

Bright MLS

APN: 334-14.17-27.00