tomo logo

$4,200,000

Beds
5
Baths
5.5
sq ft
3,000

705 King Charles Ave, Rehoboth Beach, DE 19971

705 King Charles Ave

REHOBOTH BEACH, DE 19971

  • 326 days on market
Being offered, a spectacular beautiful custom built 5-bedroom, 5 ½ bathroom 3000 square foot home featuring an open floor plan, 10-foot ceilings first floor and vaulted ceilings on the second floor, hardwood floors throughout, tiled bathrooms, large living and dining area, gourmet kitchen granite countertops, stainless steel appliances, custom cabinetry, dual ovens, gas range, dishwashers, refrigerator, wine refrigerator, extra refrigerator, state-of-the-art sound system, and an elevator to the second floor for those who do not prefer steps. The yard features a heated in-ground pool with a hot tub, outdoor shower, outdoor dining area, and privacy fencing. This home was built prior to zoning changes. The size of this home cannot be duplicated with new construction today. All of this is located just 1 block to the beach, boardwalk, and everything Rehoboth Beach has to offer. Call for an appointment today!

Details

Property type

Single Family Residence

Est. home value

$454,413

Lot size

4,791.6 sq ft

Price per sq ft

$1,400

Year built

2012

Annual property taxes

$1,551,778

HOA

No

Price History

11/10/2023
Bright

Bright #DESU2050614

Listed
$4,200,000
+35.44%
01/18/2022
Bright

Bright #DESU2001554

Sold
$3,101,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

School district: 

CAPE HENLOPEN

Seller’s Loan History

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

Lender

Fulton Bank

Loan start date

April 2022

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Stand Alone Refi (Refinance of Original Loan)

Seller

Sandra L Keister

Lender

Fulton Bank

Loan start date

April 2022

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Stand Alone Refi (Refinance of Original Loan)

Seller

Sandra L Keister

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: 10/01/2024 at 9:40 AM

Listing updated: 09/19/2024 at 9:56 PM

Listed by: BILL CULLIN, Long & Foster Real Estate, Inc. Phone #: (302) 227-2541

MLS: Bright #DESU2050614

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