NOT LISTED FOR SALE

Estimated Value: $604,045 - $3,765,000

4 Beds
4.5 Baths
2,978 Sq Ft
$889/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $2,300,000 $772 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,449/month

Highlights

  • 24-Hour Security
  • Gourmet Kitchen
  • Commercial Range
  • Rehoboth Elementary School Rated A
  • View of Trees or Woods
  • Coastal Architecture

About This Home

As of January 2021

Palm Beach meets Rehoboth beach in this brilliantly designed custom North Rehoboth home. This sought-after Park Avenue location offers complete privacy, little traffic, and parkland views from many angles of this stunning corner property. Built by Garrison Homes with interior design by Palm Beach designer, Mary Lee Harper, this property is truly like no other in the surrounding area. From the moment you enter, you will be in awe over the attention to detail at every turn. This 4-bedroom, 4.5-bathroom residence was built in 2007 and has been gently used as a 2nd home since. The property offers many luxury features both inside and out. Upon entry you will find wide plank reclaimed hardwood flooring, custom built-in bench seating and cabinetry, exquisite Coffered ceilings and intricate moldings, surround sound, plantation shutters, phantom screens at all French doors, 2 fireplaces (1 gas / 1 wood burning) and a sophisticated floor plan. Currently being used as a den, the first-floor bedroom serves as an ideal guest suite perfectly tucked away from all other bedrooms and living spaces and complete with a private en-suite bath. This space offers huge windows overlooking the city park and access to the home’s charming courtyard. The formal living room and family room also offer French doors with direct access to the courtyard creating the most intimate setting for entertaining. The gourmet kitchen features a commercial grade Wolfe range, Sub-Zero fridge, beverage fridge, ice maker and prep island. The keeping room off the kitchen offers a beautiful wood burning fireplace, perfect for Fall / Winter warming and ambience. As you approach the 2nd level, you will enter into a room offering great flex space ideal for an executive office or sitting room. This level also features 2 elegantly appointed guest bedrooms, laundry and a grand master suite that overlooks the home’s courtyard and parkland! While the interior is exquisite, the outdoor living spaces are second to none! Perfectly manicured landscaping contributes this home’s elegant curb appeal. The flagstone side patio with a canvased pergola and working fountain sets the tone for pure relaxation. The rear deck complete with grilling station and sink are perfect for summer barbecues. The paver patio, privacy fencing and outside shower round out this home. There are features too numerous to list.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/22/2021

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 01/22/2021

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned TN

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Architectural Shingle Roof
  • Shake Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,978 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Insulated Doors
  • Family Room Off Kitchen
  • Open Floorplan
  • Living Room
  • Loft
  • Crawl Space
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Commercial Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Fenced Parking

Outdoor Features

  • Outdoor Shower
  • Multiple Balconies
  • Patio
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Propane
  • Tankless Water Heater
  • Municipal Trash
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 334-14.13-227.01

Community Details

Overview

  • No Home Owners Association
  • North Rehoboth Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2007
  • Building Winterized: No
  • Remarks Public: Palm Beach meets Rehoboth beach in this brilliantly designed custom North Rehoboth home. This sought-after Park Avenue location offers complete privacy, little traffic, and parkland views from many angles of this stunning corner property. Built by Garrison Homes with interior design by Palm Beach designer, Mary Lee Harper, this property is truly like no other in the surrounding area. From the moment you enter, you will be in awe over the attention to detail at every turn. This 4-bedroom, 4.5-bathroom residence was built in 2007 and has been gently used as a 2nd home since. The property offers many luxury features both inside and out. Upon entry you will find wide plank reclaimed hardwood flooring, custom built-in bench seating and cabinetry, exquisite Coffered ceilings and intricate moldings, surround sound, plantation shutters, phantom screens at all French doors, 2 fireplaces (1 gas / 1 wood burning) and a sophisticated floor plan. Currently being used as a den, the first-floor bedroom serves as an ideal guest suite perfectly tucked away from all other bedrooms and living spaces and complete with a private en-suite bath. This space offers huge windows overlooking the city park and access to the home’s charming courtyard. The formal living room and family room also offer French doors with direct access to the courtyard creating the most intimate setting for entertaining. The gourmet kitchen features a commercial grade Wolfe range, Sub-Zero fridge, beverage fridge, ice maker and prep island. The keeping room off the kitchen offers a beautiful wood burning fireplace, perfect for Fall / Winter warming and ambience. As you approach the 2nd level, you will enter into a room offering great flex space ideal for an executive office or sitting room. This level also features 2 elegantly appointed guest bedrooms, laundry and a grand master suite that overlooks the home’s courtyard and parkland! While the interior is exquisite, the outdoor living spaces are second to none! Perfectly manicured landscaping contributes this home’s elegant curb appeal. The flagstone side patio with a canvased pergola and working fountain sets the tone for pure relaxation. The rear deck complete with grilling station and sink are perfect for summer barbecues. The paver patio, privacy fencing and outside shower round out this home. There are features too numerous to list.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Commercial Range, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Built-Ins, Central Vacuum, Combination Kitchen/Living, Crown Moldings, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Window Treatments, Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Mantel(s), Screen, Wood, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High, Vaulted Ceilings
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Family Room, Bedroom 1, Laundry, Loft, Bathroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2978
  • Living Area Sq Ft: 2978
  • Price Per Sq Ft: 804.23
  • Above Grade Finished Sq Ft: 2978
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 90

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Shake Siding, Stick Built
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Outside Shower, Water Fountains
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods, Park/Greenbelt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Fenced
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Propane - Owned
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Tankless
  • Security: 24 Hour Security, Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Multiple Phone Lines, Propane
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

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: 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

  • Horses: No
  • Fencing: Partially, Privacy, Rear, Wood
  • Land Use Code: RS
  • Lot Features: Corner, Landscaping
  • 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: Balconies- Multiple, Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: TN
  • In City Limits: Yes

Rental Info

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

Tax Info

  • School Tax: 2180.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3021.00
  • Assessor Parcel Number: 334-14.13-227.01
  • Tax Lot: 64
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/21/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jan 21, 2021
Sold by
James V Tigani T
Bought by
Schnepp Steven C and Basile Mark N
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Current Estimated Value
$2,646,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,682
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,840,000
Outstanding Balance
$1,642,821
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,003,861

Purchase Details

Closed on
Nov 15, 2019
Sold by
Tigani James V
Bought by
James V Tigani 2019 T
Source: Public Records

Range of Values:

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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
Schnepp Steven C $2,300,000 None Available
James V Tigani 2019 T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schnepp Steven C $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 For Sale $2,395,000 +4.1% $804 / Sq Ft
01/21/2021 01/21/21 Sold $2,300,000 -- $772 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
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 $5,001 $51,300 $10,000 $41,300
2024 $2,529 $51,300 $10,000 $41,300
2023 $2,526 $51,300 $10,000 $41,300
2022 $2,438 $51,300 $10,000 $41,300
2021 $2,416 $51,300 $10,000 $41,300
2020 $2,408 $51,300 $10,000 $41,300
2019 $2,412 $51,300 $10,000 $41,300
2018 $2,253 $51,300 $0 $0
2017 $2,157 $51,300 $0 $0
2016 $2,049 $51,300 $0 $0
2015 $1,958 $51,300 $0 $0
2014 $1,944 $51,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169344

Bright MLS

APN: 334-14.13-227.01