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$1,639,000

Beds
5
Baths
5.5
sq ft
3,510

38175 Robinsons Dr, Rehoboth Beach, DE 19971

38175 Robinsons Dr

REHOBOTH BEACH, DE 19971

  • 66 days on market
    • Price drop $10,000↓
    • Open house Nov 16
Welcome to 38175 Robinsons Drive, a meticulously maintained home in the heart of Rehoboth Beach. This beautiful property features five bedrooms and five & a half bathrooms, offering ample space for family and guests. The main level boasts an open floor plan with high ceilings, hardwood floors, a gas fireplace, and a spacious kitchen with granite counters. The basement has a large lockable storage room for the owners storage. There is also a spacious bedroom suite on the main level with a full en-suite bathroom and custom walk-in closet, providing private access to a fenced backyard complete with a built-in grill, patio, and mature landscaping. Upstairs, you’ll find three more bedroom suites, each with its own en-suite bath. The lower level offers a fourth bedroom, additional living space, laundry facilities, and extra storage. There is a fifth bedroom below grade on the lower level. The owner has hired and prepaid a contractor to install a window egress ASAP. Recent updates include a new Rinnai tankless water heater, new HVAC systems, two AC units, two furnaces, with warranties, a new sump pump and a Ring security system. That was $50k worth of updates. Conveniently located near coastal Route 1, this home provides easy access to Rehoboth, Dewey, and Poodle Beach, as well as nearby dining, entertainment, and shopping options. Whether you’re looking for a destination beach property or a smart investment, this home has it all. Your dream beach retreat awaits. Don’t miss out on this incredible opportunity.

Details

Property type

Single Family Residence

Est. home value

$335,635

Lot size

4,225 sq ft

Price per sq ft

$467

Year built

2005

Annual property taxes

$2,273

HOA

No

Price History

11/14/2024
Bright

Bright #DESU2070400

Price change
$1,639,000
-0.61%
09/18/2024
Bright

Bright #DESU2070400

Listed
$1,649,000
05/22/2024
BrightMLS

BrightMLS #DESU2063014

Removed

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CAPE HENLOPEN

Community features: 

Sidewalks

School district: 

CAPE HENLOPEN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,063,893
Asking price
$1,639,000
Closing costs (~8% of asking)
-$131,120
Est. remaining loan balance
-$443,987
Cash to seller
$1,063,893

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

May 2012

Original loan amount

$615,000

Est. remaining balance

$443,987

Interest rate

3.98%

Loan type

Not Provided, 30 year

Seller

Karl Grimmer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/16/2024 at 5:40 AM

Listing updated: 11/14/2024 at 1:39 PM

Listed by: John Ockasi, Coldwell Banker Realty Phone #: (302) 539-1777

MLS: Bright #DESU2070400

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