NOT LISTED FOR SALE

99 Tidewaters Rd Rehoboth Beach, DE 19971

Estimated Value: $4,040,000 - $4,555,870

5 Beds
3 Baths
3,000 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $4,150,000 $1,383 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,369/month

135 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Access to Tidal Water
  • Canal View
  • Rehoboth Elementary School Rated A
  • Fishing Allowed
  • Deck

About This Home

As of February 2024

RARE canalfront opportunity to own a unique and rarely offered Henlopen Acres property. This canal-front town features 200 homes and is nestled adjacent to Rehoboth Beach. The home offers spacious, light-filled one-level living, a four season back porch and deck both overlooking the tidal waters of the Lewes Rehoboth Canal. The canal features access to Rehoboth Bay, the Delaware Bay and the Atlantic Ocean. As you enter the home you are greeted with views of the water, oversized living room, a wood-burning fireplace and expansive space for dining and entertaining. The kitchen opens to a bright living room with a wood burning fireplace and sliding doors to the water. The owner's suite has an adjacent office and sliding glass doors which open to the back deck. Three additional bedrooms and a shared bathroom complete the sleeping quarters. The additional appeal of this home is an approved bulkhead and dock permit that can potentially be conveyed to a Buyer with DNREC approval (permit expires Dec 2024). Additional features of the town of Henlopen Acres include the marina (wait-list can apply) and the private beach, Block W, along with the opportunity to join the Henlopen Acres Beach Club and tennis club. This property affords endless possibilities to enjoy now or to renovate. Offered "as is." The town of Henlopen Acres has the first right of refusal on all home sales, there is also an architectural review process for any lot/structure improvements/updates. Rentals are permitted with restrictions in the Town of Henlopen Acres.

Last Agent to Sell the Property

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 06/20/2023

Jack Lingo - Lewes

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 06/20/2023

Jack Lingo - Lewes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1960

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100.00 x 165.00
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Property is zoned TN

Home Design

  • Cottage
  • Permanent Foundation
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Canal Views
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Parking Spaces
  • 15 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Water Access
  • Property is near a canal
  • Deck

Schools

  • Cape Henlopen High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 334-13.16-19.00

Community Details

Overview

  • No Home Owners Association
  • Henlopen Acres Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: RARE canalfront opportunity to own a unique and rarely offered Henlopen Acres property. This canal-front town features 200 homes and is nestled adjacent to Rehoboth Beach. The home offers spacious, light-filled one-level living, a four season back porch and deck both overlooking the tidal waters of the Lewes Rehoboth Canal. The canal features access to Rehoboth Bay, the Delaware Bay and the Atlantic Ocean. As you enter the home you are greeted with views of the water, oversized living room, a wood-burning fireplace and expansive space for dining and entertaining. The kitchen opens to a bright living room with a wood burning fireplace and sliding doors to the water. The owner's suite has an adjacent office and sliding glass doors which open to the back deck. Three additional bedrooms and a shared bathroom complete the sleeping quarters. The additional appeal of this home is an approved bulkhead and dock permit that can potentially be conveyed to a Buyer with DNREC approval (permit expires Dec 2024). Additional features of the town of Henlopen Acres include the marina (wait-list can apply) and the private beach, Block W, along with the opportunity to join the Henlopen Acres Beach Club and tennis club. This property affords endless possibilities to enjoy now or to renovate. Offered "as is." The town of Henlopen Acres has the first right of refusal on all home sales, there is also an architectural review process for any lot/structure improvements/updates. Rentals are permitted with restrictions in the Town of Henlopen Acres.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Electric, Range Hood, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Permanent
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 1466.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 99

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Wood Siding
  • Exterior Features: Outside Shower, Extensive Hardscape, Lawn Sprinkler
  • Roof: Shingle
  • View: Canal
  • Water Access Features: Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Lewes Rehoboth Canal
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 15
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 15

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • High School: CAPE HENLOPEN
  • High School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Land Use Code: 999
  • Lot Features: Landscaping
  • Lot Size Acres: 0.37
  • Lot Dimensions: 100.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2089.00
  • Tax Annual Amount: 2305.00
  • Assessor Parcel Number: 334-13.16-19.00
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/21/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jan 25, 2024
Sold by
Carbone John
Bought by
Lomas Properties Llc
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$5,000,000
Sold Price
$4,150,000
Premium/Discount to List
-$850,000
-17%
Views
545
Current Estimated Value
$4,313,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,290
Avg. Annual Appreciation
1.18%

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 5, 2019
Sold by
Thomas Lee Rinker Ret
Bought by
Carbone John
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$1,800,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lomas Properties Llc $4,150,000 None Listed On Document
Carbone John $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carbone John $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $4,150,000 -5.7% $1,383 / Sq Ft
08/30/2023 08/30/23 Price Changed $4,400,000 -12.0% $1,467 / Sq Ft
06/20/2023 06/20/23 For Sale $5,000,000 +108.3% $1,667 / Sq Ft
11/05/2019 11/05/19 Sold $2,400,000 0.0% $800 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $2,400,000 -- $800 / 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 $6,007 $48,500 $20,600 $27,900
2024 $2,709 $48,500 $20,600 $27,900
2023 $2,707 $48,500 $20,600 $27,900
2022 $2,624 $48,500 $20,600 $27,900
2021 $2,602 $48,500 $20,600 $27,900
2020 $2,595 $48,500 $20,600 $27,900
2019 $2,176 $48,500 $20,600 $27,900
2018 $1,730 $48,500 $0 $0
2017 $1,640 $48,500 $0 $0
2016 $1,437 $48,500 $0 $0
2015 $1,351 $48,500 $0 $0
2014 $1,338 $48,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2043288

Bright MLS

APN: 334-13.16-19.00