Seller's Agent in 2024
Carrie Lingo
Jack Lingo - Lewes
(302) 500-0825
967 Total Sales
99 Tidewaters Rd Rehoboth Beach, DE 19971
Estimated Value: $3,913,000 - $5,037,000
5
Beds
3
Baths
3,000
Sq Ft
$1,490/Sq Ft
Est. Value
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 2024RARE 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.
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
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%
Total Days on Market
135
Views
545
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,445
Avg. Annual Appreciation
7.71%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
-
Carrie Lingo
Map
Similar Homes in Rehoboth Beach, DE
Source: Bright MLS
MLS Number: DESU2043288
APN: 334-13.16-19.00
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