NOT LISTED FOR SALE

9 Somerset Rd Rehoboth Beach, DE 19971

Estimated Value: $899,379 - $1,104,000

3 Beds
2.5 Baths
2,720 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $540,000 $199 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,525/month

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Vaulted Ceiling
  • Rehoboth Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2017

Beautiful two story home in Rehoboth Beach Yacht and Country Club with many recent additions. Open floor plan with formal dining room, living room, powder room, den/office, two story great room with gas fireplace and brand new kitchen with top of the line appliances. Cozy breakfast area with an additional stacked stone, gas fireplace and a gorgeous view of the rear yard and in-ground pool. Second floor is complete with a luxurious master suite amd a brand new master bath, two additional bedrooms, hall bath and a loft overlooking the great room. Beautiful cement pool with large, low maintenance patio area, rear deck for grilling and outdoor shower. Plenty of yard space and green grass! Two car garage and irrigation with its own well! Must see - must buy!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 04/06/2017

RE/MAX Realty Group Rehoboth

Co-Listed By

Cyndi Marsh

(302) 363-5734 cyndi@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016264

Last Buyer's Agent

Denise Karas

(443) 226-0560 denise.karas@compass.com Compass License #RS-0022504

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2001

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 113x122x101x120
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,720 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • Great Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Room
  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Home Security

  • Monitored
  • Storm Windows
  • Storm Doors

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Cooling System Utilizes Bottled Gas
  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane Water Heater

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-1038.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 2001

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2001
  • Remarks Public: Beautiful two story home in Rehoboth Beach Yacht and Country Club with many recent additions. Open floor plan with formal dining room, living room, powder room, den/office, two story great room with gas fireplace and brand new kitchen with top of the line appliances. Cozy breakfast area with an additional stacked stone, gas fireplace and a gorgeous view of the rear yard and in-ground pool. Second floor is complete with a luxurious master suite amd a brand new master bath, two additional bedrooms, hall bath and a loft overlooking the great room. Beautiful cement pool with large, low maintenance patio area, rear deck for grilling and outdoor shower. Plenty of yard space and green grass! Two car garage and irrigation with its own well! Must see - must buy!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Icemaker, Refrigerator, Microwave, Oven/Range - Gas, Oven - Wall, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Window Treatments
  • Window Features: Screens, Storm
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Block, Crawl Space
  • Level Count: 2
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Kitchen, Breakfast Room, Great Room, Laundry, Loft, Office, Additional Bedroom
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Net Sq Ft: 2720.00
  • Price Per Sq Ft: 202.17
  • Above Grade Finished Sq Ft: 2720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Propane
  • Security: Monitored, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Fencing: Fully
  • Lot Features: Landscaping
  • Lot Size Acres: 0.30
  • Lot Dimensions: 113x122x101x120
  • Lot Size Units: Acres
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5199246
  • Assessor Parcel Number: 334-19.00-1038.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/12/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 18, 2017
Sold by
Orlando John D and Abba Joseph A
Bought by
Schaefer Jennifer A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Denise Karas
Compass
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$1,011,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,345
Avg. Annual Appreciation
7.77%
Original Mortgage
$424,100
Outstanding Balance
$352,498
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$658,847

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 12, 2017
Sold by
Orlando John D and Abba Joseph A
Bought by
Schaefer Jennifer A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Denise Karas
Compass
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Outstanding Balance
$352,498
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$658,847

Purchase Details

Closed on
Dec 16, 2000
Bought by
Abba Joseph A John D Orlando
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
Schaefer Jennifer A $540,000 None Available
Schaefer Jennifer A $540,000 None Available
Abba Joseph A John D Orlando $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Jennifer A $424,100
Closed Schaefer Jennifer A $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $540,000 -1.8% $199 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $549,900 -- $202 / 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 $1,780 $41,400 $8,400 $33,000
2024 $2,102 $41,400 $8,400 $33,000
2023 $2,100 $41,400 $8,400 $33,000
2022 $2,027 $41,400 $8,400 $33,000
2021 $2,008 $41,400 $8,400 $33,000
2020 $2,002 $41,400 $8,400 $33,000
2019 $1,947 $41,400 $8,400 $33,000
2018 $1,818 $41,400 $0 $0
2017 $1,741 $41,400 $0 $0
2016 $1,654 $41,400 $0 $0
2015 $1,580 $41,400 $0 $0
2014 $1,569 $41,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001028066

Bright MLS

APN: 334-19.00-1038.00