NOT LISTED FOR SALE

Estimated Value: $270,831 - $3,148,000

5 Beds
3 Baths
2,250 Sq Ft
$950/Sq Ft Est. Value

Last Sold August 01, 2020

Last sale price $1,795,000 $798 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,676/month

228 Days on Market

Highlights

  • Water Oriented
  • Building is oceanfront but unit may not have water views
  • Secluded Lot
  • Rehoboth Elementary School Rated A
  • Deck
  • Traditional Floor Plan

About This Home

As of August 2020

A charming cottage ,Ocean block , either a family home or investment potential awaits your visit . You and your guests are welcomed to a large wrap around front porch , where all can listen to the ocean and feel the ocean breezes ,while enjoying cards , games or just entertaining outside in the summer . Main home boast pickled wood floors ,propane fireplace , elegant living and family room , designed for large gatherings.add in 4 bedrooms and 2 full baths ,a galley kitchen and dining room w access to front porch. For added value , an amazing efficiency apartment , designer decorated for over flow guest or in-laws . Rear yard has been professionally landscaped for your relaxation and family enjoyment . The Feel of Ole Rehoboth is still here . Don't miss this special home . Schedule your preview Today

Last Agent to Sell the Property

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889 Listed on: 10/18/2019

Jack Lingo - Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • South Facing Home
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • No Through Street
  • Secluded Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Block Foundation
  • Wood Walls
  • Architectural Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Bar
  • Wainscoting
  • Wood Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Hung Windows
  • Window Screens
  • Double Door Entry
  • Six Panel Doors
  • Formal Dining Room

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Multi-Tank Water Heater
  • Municipal Trash
  • Public Septic

Community Details

  • No Home Owners Association
  • South Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.06-57.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 2
  • Expected On Market: 2019-10-21
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: A charming cottage ,Ocean block , either a family home or investment potential awaits your visit . You and your guests are welcomed to a large wrap around front porch , where all can listen to the ocean and feel the ocean breezes ,while enjoying cards , games or just entertaining outside in the summer . Main home boast pickled wood floors ,propane fireplace , elegant living and family room , designed for large gatherings.add in 4 bedrooms and 2 full baths ,a galley kitchen and dining room w access to front porch. For added value , an amazing efficiency apartment , designer decorated for over flow guest or in-laws . Rear yard has been professionally landscaped for your relaxation and family enjoyment . The Feel of Ole Rehoboth is still here . Don't miss this special home . Schedule your preview Today
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Range Hood, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Breakfast Area, Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Galley, Kitchen - Island, Kitchen - Table Space, Skylight(s), Sprinkler System, Bathroom - Stall Shower, Wainscotting, Window Treatments, Wood Floors
  • Window Features: Double Hung, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry, Six Panel
  • Wall Ceiling Types: Wood Ceilings, Wood Walls
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 11
  • Room List: Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 777.78
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Block, Combination, Stick Built
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Privacy, Wood
  • Land Use Code: RS
  • Lot Features: Backs To Trees, Front Yard, Landscaping, No Thru Street, Rear Yard, Secluded
  • 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: Deck(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: R-1
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 979.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1953.10
  • Assessor Parcel Number: 334-20.06-57.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/01/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jul 30, 2020
Sold by
Herbert W Engler T
Bought by
Robin S Beden Ret
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,750,000
Sold Price
$1,795,000
Premium/Discount to List
$45,000
2.57%
Current Estimated Value
$2,136,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,958
Avg. Annual Appreciation
3.44%
Original Mortgage
$1,436,000
Outstanding Balance
$1,273,833
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$863,125

Purchase Details

Closed on
Oct 8, 2010
Bought by
Engler Herbert W and Engler Sylvia F

Purchase Details

Closed on
Sep 3, 2010
Bought by
Engler Herbert W and Engler Sylvia F
Source: Public Records

Range of Values:

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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
Robin S Beden Ret $1,795,000 None Available
Engler Herbert W -- --
Engler Herbert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robin S Beden Ret $1,436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2020 08/01/20 Sold $1,795,000 +2.6% $798 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $1,750,000 -2.5% $778 / Sq Ft
12/30/2019 12/30/19 Off Market $1,795,000 -- --
10/18/2019 10/18/19 For Sale $1,875,000 -- $833 / 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 $4,155 $23,000 $12,500 $10,500
2024 $1,134 $23,000 $12,500 $10,500
2023 $1,133 $23,000 $12,500 $10,500
2022 $1,093 $23,000 $12,500 $10,500
2021 $1,083 $23,000 $12,500 $10,500
2020 $1,080 $23,000 $12,500 $10,500
2019 $1,081 $23,000 $12,500 $10,500
2018 $1,010 $23,000 $0 $0
2017 $967 $23,000 $0 $0
2016 $919 $23,000 $0 $0
2015 $878 $23,000 $0 $0
2014 $871 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU150038

Bright MLS

APN: 334-20.06-57.00