NOT LISTED FOR SALE

71 Harbor Rd Rehoboth Beach, DE 19971

Estimated Value: $1,943,000 - $2,470,000

5 Beds
4.5 Baths
1,848 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $1,150,000 $622 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $11,933/month

Highlights

  • Marina
  • Water Access
  • Deck
  • Rehoboth Elementary School Rated A
  • Lake Privileges
  • Vaulted Ceiling

About This Home

As of January 2017

Walk to the beach from this spacious three story furnished townhome ideally located in the desirable North Shores community. Offering a bedroom with full ensuite bath on each floor as well as two entry level bedrooms with private deck, perfect for family and friends. The great room features a vaulted wood ceiling with exposed beams and clerestory windows that allow in an abundance of light. The adjoining enclosed deck and balcony offer a view of the Yacht Basin and community marina. The amenity rich community has a private beach, pool, tennis, pier and playground. Make this your beach retreat or investment with proven rental income, all just steps from the ocean.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091 Listed on: 10/17/2016

Compass

Co-Listed By

DANIEL MILLS

dan@encoreteamde.com Coldwell Banker Resort Realty - Rehoboth

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1976

Lot Details

  • 3,500 Sq Ft Lot
  • Partially Fenced Property
  • Cleared Lot

HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home
  • Masonry

Interior Spaces

  • 1,848 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Beamed Ceilings
  • Vaulted Ceiling
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Lake Privileges
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 334-08.17-142.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,224

Year Built

Built in 1976

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1976
  • Remarks Public: Walk to the beach from this spacious three story furnished townhome ideally located in the desirable North Shores community. Offering a bedroom with full ensuite bath on each floor as well as two entry level bedrooms with private deck, perfect for family and friends. The great room features a vaulted wood ceiling with exposed beams and clerestory windows that allow in an abundance of light. The adjoining enclosed deck and balcony offer a view of the Yacht Basin and community marina. The amenity rich community has a private beach, pool, tennis, pier and playground. Make this your beach retreat or investment with proven rental income, all just steps from the ocean.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Laminated, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Exposed Beams
  • Fireplace: No
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 3
  • Level Count: 3
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1848
  • Net Sq Ft: 1848.00
  • Price Per Sq Ft: 676.41
  • Above Grade Finished Sq Ft: 1848
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 71

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Stick Built, Concrete, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Sidewalks
  • Roof: Shingle, Asphalt
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Shared Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1000.00
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Reserved/Assigned Parking, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Security, Tennis Courts, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Fencing: Partially
  • Lot Features: Cleared
  • Lot Size Acres: 0.08
  • Lot Size Area: 3500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3500.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 5211250
  • Assessor Parcel Number: 334-08.17-142.00
  • County Tax Payment Frequency: Annually
  • Close Date: 01/19/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 18, 2017
Sold by
Ahdoot Ann Marie and Ahdoot Habibollah
Bought by
Amitay Sharlene P and Amitay Stephen D
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$2,148,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,922
Avg. Annual Appreciation
7.46%
Original Mortgage
$650,000
Outstanding Balance
$538,390
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,610,532

Purchase Details

Closed on
Dec 15, 2003
Bought by
Ahdoot Habibollah Anne Marie Ahdoot
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
Amitay Sharlene P $1,150,000 None Available
Ahdoot Habibollah Anne Marie Ahdoot $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amitay Sharlene P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $1,150,000 -8.0% $622 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $1,250,000 -- $676 / 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 $3,224 $31,000 $8,750 $22,250
2024 $1,528 $31,000 $8,750 $22,250
2023 $1,527 $31,000 $8,750 $22,250
2022 $1,473 $31,000 $8,750 $22,250
2021 $1,460 $31,000 $8,750 $22,250
2020 $1,455 $31,000 $8,750 $22,250
2019 $1,458 $31,000 $8,750 $22,250
2018 $1,361 $31,000 $0 $0
2017 $1,304 $31,000 $0 $0
2016 $1,238 $31,000 $0 $0
2015 $1,183 $31,000 $0 $0
2014 $1,175 $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001022760

Bright MLS

APN: 334-08.17-142.00