NOT LISTED FOR SALE

Estimated Value: $1,385,338 - $2,675,000

7 Beds
3 Baths
2,600 Sq Ft
$776/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $1,000,000 $385 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $11,342/month

363 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Partially Wooded Lot
  • Rehoboth Elementary School Rated A
  • Property is near a park
  • 1-minute walk to Deer Park

About This Home

As of August 2020

Price reduced on this Rehoboth Beach family home that has never changed ownership since it was built. With seven generously-sized bedrooms, there is space to accommodate everyone. Enjoy peace and quiet from the spacious screened in porch overlooking Deer Park, one of the city's designated open spaces. You can relax knowing you will not have any homes built across the street for that entire block. Open living, kitchen and dining area with hardwood floors and a gas fireplace for year-round enjoyment. First floor also features 3 bedrooms, a laundry room and a storage room. Other features include an oversized one car garage and shed to hold beach gear and projects. Parking for up to four cars in the driveway. Original home is Nanticoke with stick-built addition completed in 2004. HVAC system only two years old. Just 4 blocks to the Atlantic Ocean, 2 blocks to Rehoboth Avenue and 10 steps to the Park.

Last Listed By

Ava Cannon

Jack Lingo - Rehoboth License #RS-0016508 Listed on: 06/14/2019

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1993 | Remodeled in 2004

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Downtown Location
  • Partially Fenced Property
  • Level Lot
  • Partially Wooded Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Brick Driveway

Home Design

  • Cottage
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Stick Built Home

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Skylights
  • Gas Fireplace
  • Stained Glass
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Views of Woods
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Shed
  • Porch

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is near a park

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 334-14.17-13.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1993 | Remodeled in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1993
  • Year Renovated: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Price reduced on this Rehoboth Beach family home that has never changed ownership since it was built. With seven generously-sized bedrooms, there is space to accommodate everyone. Enjoy peace and quiet from the spacious screened in porch overlooking Deer Park, one of the city's designated open spaces. You can relax knowing you will not have any homes built across the street for that entire block. Open living, kitchen and dining area with hardwood floors and a gas fireplace for year-round enjoyment. First floor also features 3 bedrooms, a laundry room and a storage room. Other features include an oversized one car garage and shed to hold beach gear and projects. Parking for up to four cars in the driveway. Original home is Nanticoke with stick-built addition completed in 2004. HVAC system only two years old. Just 4 blocks to the Atlantic Ocean, 2 blocks to Rehoboth Avenue and 10 steps to the Park.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Dryer, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Combination Kitchen/Living, Combination Kitchen/Dining, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Wood Floors, Stain/Lead Glass, Entry Level Bedroom, Dining Area, Crown Moldings, Skylight(s), Family Room Off Kitchen, Pantry
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 422.69
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 76

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Stick Built, Modular/Manufactured, Vinyl Siding
  • Exterior Features: Outside Shower
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Fencing: Partially
  • Land Use Code: RS
  • Lot Features: Backs - Parkland, Level, Partly Wooded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: Q
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 1042.00
  • School Tax Pymnt Freq: Unknown
  • Tax Annual Amount: 1248.00
  • Assessor Parcel Number: 334-14.17-13.01
  • Tax Lot: 76
  • Tax Total Finished Sq Ft: 1664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/21/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 19, 2020
Sold by
Mulry Cheryl A and Brown Susan D
Bought by
Hines Scott M and Hines Elizabeth Q
Seller's Agent
Ava Cannon
Jack Lingo - Rehoboth
Buyer's Agent
Lucius Webb
Jack Lingo - Rehoboth
List Price
$1,265,000
Sold Price
$1,000,000
Premium/Discount to List
-$265,000
-20.95%
Total Days on Market
363
Current Estimated Value
$2,016,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,585
Avg. Annual Appreciation
15.29%
Original Mortgage
$800,000
Outstanding Balance
$738,782
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,226,899

Purchase Details

Closed on
Jun 30, 1990
Bought by
Brown Susan D and Charles Joseph Corr

Range of Values:

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Average Value
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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
Hines Scott M $1,000,000 None Available
Brown Susan D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Scott M $250,000
Open Hines Scott M $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $1,000,000 -9.0% $385 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $1,099,000 -3.5% $423 / Sq Ft
01/17/2020 01/17/20 Price Changed $1,139,000 -7.7% $438 / Sq Ft
10/07/2019 10/07/19 Price Changed $1,234,000 -2.5% $475 / Sq Ft
06/14/2019 06/14/19 For Sale $1,265,000 -- $487 / 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
2024 $1,301 $26,400 $8,750 $17,650
2023 $1,300 $26,400 $8,750 $17,650
2022 $1,255 $26,400 $8,750 $17,650
2021 $1,243 $26,400 $8,750 $17,650
2020 $1,239 $26,400 $8,750 $17,650
2019 $1,241 $26,400 $8,750 $17,650
2018 $1,159 $26,400 $0 $0
2017 $1,110 $26,400 $0 $0
2016 $1,055 $26,400 $0 $0
2015 $1,008 $26,400 $0 $0
2014 $1,000 $26,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU142246

Bright MLS

APN: 334-14.17-13.01