NOT LISTED FOR SALE

Estimated Value: $3,008,000 - $3,575,000

7 Beds
7 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $2,345,000

Est. 40% increase in value since last sale

Current estimated payment $17,497/month

493 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Maid or Guest Quarters
  • Rehoboth Elementary School Rated A
  • Cape Cod Architecture
  • 5-minute walk to Lake Gerar Park

About This Home

As of December 2020

Unique, spacious and charming home in Rehoboth Beach just steps from the ocean. This home has 7 bedrooms, 4 full baths, and 2 half baths in the main house with a guest house on the property with a living space, gas fireplace, kitchen, bedroom and full bath. Inside the main house you will find tiger maple floors on the first floor, wide plank pine on the second floor. There are two living rooms each with a wood burning fireplace, updated kitchen with large dining area, 1st floor master suite with fireplace, separate laundry, walk-in closet, and two marble bathrooms. On the second floor are 4 bedrooms, 2 full baths, and laundry. The third floor boasts an office space, sitting area, bedroom and half bath, plus a balcony with ocean views. The many decorative features include painted floors and walls. There is a front porch with screens and plexiglass storms, brick rear patio, fully fenced back yard, and an outdoor shower. This home also has a finished basement with pool table, workshop, and a 1500 bottle wine cellar. This house could not be built under today's building code.

Last Agent to Sell the Property

Nick Carter

(302) 228-6425 nickcarter@228nick.com Jack Lingo - Lewes License #RA-0002772 Listed on: 04/15/2019

Jack Lingo - Lewes

Co-Listed By

Laurie Draper Carter

(302) 236-6952 laurie@jacklingo.com Jack Lingo - Lewes License #RA-0002772

Last Buyer's Agent

Bryce Lingo

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

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Renovated

  • 2001

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Wood Fence
  • Extensive Hardscape
  • Historic Home
  • Property is in very good condition
  • Property is zoned TN 1270

Home Design

  • Cape Cod Architecture
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Wine Rack

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Partially Finished Basement

  • Shelving
  • Workshop

Parking

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

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Brick Porch or Patio

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 334-14.09-196.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Renovated

2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Exclusions: Draperies, shades, sconces, 4 metal dogs, chandeliers
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Renovated: 2001
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Extra Refrigerator/Freezer, Oven - Wall, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Bathroom - Stall Shower, Wainscotting, Walk-In Closet(s), Wine Storage, Wood Floors
  • Window Features: Screens, Double Pane
  • Fireplace Features: Wood, Gas/Propane
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Maid/Guest Quarters
  • Basement: Yes
  • Basement Type: Workshop, Shelving, Partially Finished
  • Laundry Type: Main Floor, Upper Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House
  • Construction Materials: Cedar
  • Exterior Features: Outside Shower, Extensive Hardscape
  • Spa: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Fencing: Wood
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Outdoor Living Structures: Brick, Balcony, Patio(s)
  • Property Condition: Very Good
  • Zoning: TN 1270
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 917.00
  • Tax Annual Amount: 1870.00
  • Assessor Parcel Number: 334-14.09-196.00
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Nov 17, 2020
Sold by
Hubbard Paull F and Hubbard Anne J
Bought by
Lilly Francis X and Lilly Kathryn M
Seller's Agent
Nick Carter
Jack Lingo - Lewes
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,795,000
Sold Price
$2,345,000
Premium/Discount to List
-$450,000
-16.1%
Current Estimated Value
$3,291,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$946,500
Avg. Annual Appreciation
6.87%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records
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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
Lilly Francis X $2,345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lilly Francis X $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $2,345,000 -3.3% --
08/20/2020 08/20/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $2,424,000 -5.8% --
03/05/2020 03/05/20 Price Changed $2,574,000 -1.0% --
10/31/2019 10/31/19 Price Changed $2,599,000 -1.9% --
10/03/2019 10/03/19 Price Changed $2,649,000 -1.7% --
07/10/2019 07/10/19 Price Changed $2,695,000 -3.6% --
04/15/2019 04/15/19 For Sale $2,795,000 -- --
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
2025 $5,471 $21,550 $12,500 $9,050
2024 $1,062 $21,550 $12,500 $9,050
2023 $1,061 $21,550 $12,500 $9,050
2022 $1,024 $21,550 $12,500 $9,050
2021 $1,015 $21,550 $12,500 $9,050
2020 $1,012 $21,550 $12,500 $9,050
2019 $1,013 $21,550 $12,500 $9,050
2018 $946 $21,550 $0 $0
2017 $906 $21,550 $0 $0
2016 $861 $21,550 $0 $0
2015 $823 $21,550 $0 $0
2014 $816 $21,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU138242

Bright MLS

APN: 334-14.09-196.00