NOT LISTED FOR SALE

8 Sea Side Dr Rehoboth Beach, DE 19971

Estimated Value: $473,213 - $615,000

3 Beds
2 Baths
1,351 Sq Ft
$401/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $315,000 $233 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,968/month

Highlights

  • Home fronts navigable water
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Rehoboth Elementary School Rated A
  • Public Beach
  • Solar Power System

About This Home

As of October 2019

Looking for an energy efficient home? Look no further! Seller has just installed solar power at a cost of $50K. You own the system not leased. Kiss your electric bills away! Centrally located to all of the resort attractions this home would entice buyers that are seeking a retirement home, 2nd beach home or a rental investment. The home features custom paint and wallpaper throughout, custom valances, cathedral ceilings, 7 ceiling fans, recessed lighting, and a brand new (never used) stainless refrigerator and stove/oven. The master bath was recently upgraded to include an all tile shower, walls & flooring.. The 2 car garage provides ample space for parking your cars and all of your beach toys. Relax with a BBQ in the over sized 14 X 24 screened porch or lay out and catch some sun on the very private 12 X 15 deck. Enjoy the mature, professionally maintained landscaping. Walk or bike to outlet shopping or hop in the car for a quick 2 mile ride to the boardwalk and beach. Priced under market value, better hurry as this home won't last long. Make your appointment today to view this very affordable beach home!!

Last Agent to Sell the Property

JOSEPH CHOMA

(302) 381-5602 joechoma@deweybeachhomesales.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0015525 Listed on: 07/10/2019

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Joshua Rash

(302) 519-4134 joshua.rash@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1997

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00
  • Home fronts navigable water
  • Public Beach

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Breakfast Room
  • Views of Woods
  • Flood Lights

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property is near an ocean
  • Sail
  • Swimming Allowed
  • Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 334-13.00-1163.00

Community Details

Overview

  • No Home Owners Association
  • Rehoboth Shores Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Remarks Public: Looking for an energy efficient home? Look no further! Seller has just installed solar power at a cost of $50K. You own the system not leased. Kiss your electric bills away! Centrally located to all of the resort attractions this home would entice buyers that are seeking a retirement home, 2nd beach home or a rental investment. The home features custom paint and wallpaper throughout, custom valances, cathedral ceilings, 7 ceiling fans, recessed lighting, and a brand new (never used) stainless refrigerator and stove/oven. The master bath was recently upgraded to include an all tile shower, walls & flooring.. The 2 car garage provides ample space for parking your cars and all of your beach toys. Relax with a BBQ in the over sized 14 X 24 screened porch or lay out and catch some sun on the very private 12 X 15 deck. Enjoy the mature, professionally maintained landscaping. Walk or bike to outlet shopping or hop in the car for a quick 2 mile ride to the boardwalk and beach. Priced under market value, better hurry as this home won't last long. Make your appointment today to view this very affordable beach home!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Laminated, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Recessed Lighting, Window Treatments, Ceiling Fan(s), Combination Kitchen/Living, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Levels Count: 1
  • Room List: Kitchen, Family Room, Breakfast Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1951
  • Living Area Sq Ft: 1351
  • Price Per Sq Ft: 247.22
  • Above Grade Finished Sq Ft: 1351
  • Above Grade Unfinished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Shake Siding, Stick Built
  • Exterior Features: Flood Lights
  • Roof: Architectural Shingle
  • View: Trees/Woods
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Public Access, Public Beach, Swimming Allowed, Sail
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Solar Photovoltaic, Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: Photovoltaics Seller Owned
  • Heating Fuel: Solar
  • Heating Type: Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Other
  • 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

  • Green Power: Pv Solar Array(s) Owned
  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2018
  • Zoning: A
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5191018
  • School Tax: 852.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 949.00
  • Assessor Parcel Number: 334-13.00-1163.00
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1351
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 10/17/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Oct 11, 2019
Sold by
Hoffman Eugene J and Hoffman Sandra H
Bought by
Meloro Angelo and Meloro Kimberly K
Seller's Agent
JOSEPH CHOMA
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joshua Rash
Long & Foster Real Estate, Inc.
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Current Estimated Value
$541,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,303
Avg. Annual Appreciation
9.49%
Original Mortgage
$150,000
Outstanding Balance
$131,940
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$409,363

Purchase Details

Closed on
Jun 13, 1997
Bought by
Hoffman Eugene J and Hoffman Sandra H
Source: Public Records

Range of Values:

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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
Meloro Angelo $315,000 --
Hoffman Eugene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meloro Angelo $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $315,000 -5.7% $233 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $334,000 -4.3% $247 / Sq Ft
07/10/2019 07/10/19 For Sale $349,000 -- $258 / 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 $1,049 $21,600 $5,000 $16,600
2024 $1,173 $21,600 $5,000 $16,600
2023 $1,172 $21,600 $5,000 $16,600
2022 $1,027 $21,600 $5,000 $16,600
2021 $1,017 $21,600 $5,000 $16,600
2020 $1,014 $21,600 $5,000 $16,600
2019 $616 $21,600 $5,000 $16,600
2018 $551 $21,600 $0 $0
2017 $531 $21,600 $0 $0
2016 $516 $21,600 $0 $0
2015 $496 $21,600 $0 $0
2014 $487 $21,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU143848

Bright MLS

APN: 334-13.00-1163.00