See Home Value
$2,327,000
● House - Off Market

226 STATE RD

REHOBOTH BEACH, DE 19971
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
2,500 Ft²
$2,287,117
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

MASSIVE PRICE REDUCTION! This custom home built in 2021 features 5 BEDROOMS, 5.5 BATHS, a full finished BASEMENT and the ever desirable inground, heated 22ft x 10ft POOL located right in downtown Rehoboth. While this property would make an excellent primary or second home, the investment potential as a rental property is second to none. Built with a firm understanding of what renters are looking for, this home has an extremely impressive rental history. This property has over $115K on the books for 2023 with dates still left to book! What's more, this home is being sold turn-key, fully furnished with high end pieces. Upon entry, you'll be welcomed into the spacious living room which reaches through to the kitchen and dining area. Luxury vinyl plank flooring flows throughout the entirety of the home's living spaces and bedrooms. The first floor primary suite entrance is encased by double doors and boasts a large bedroom, sun filled windows and an attached bath with custom tiled shower and dual vanities. The kitchen has stainless steel appliances, custom pendant lighting and a large island perfect for entertaining. With large sliding glass doors leading out to the pool, you are only steps away from the backyard oasis. Here you'll find the large concrete pool complete with patio area, BBQ grill with propane gas line, irrigation system and large outbuilding for storage, all fenced in with 6 foot privacy fencing. Back inside, the kitchen flows into the dining space, making gathering for meal times a breeze. The dining area is accented by custom millwork, an enormous picture window and plenty of space to fit all guests of the home. An entirely separate living area and game center awaits in the fully finished basement. This space is enhanced with recessed lighting, huge pool table, large flat screen TV multiple sitting areas and even a Skee Ball machine! Upstairs you'll find the remaining 4 bedroom suites, complete with their own full, custom tile work bathrooms and pocket doors. The laundry room is conveniently located on the 2nd floor. Walk to Dogfish Head Brew Pub, Rise Up, Egg & so many more popular Rehoboth Beach shops, restaurants and bars. The beach and boardwalk are just a few short blocks away – nearby Hickman Street offers a direct route.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$920
Property Type
House
Property Taxes
$175
HOA Dues
$20
Year Built
2021

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Last updated: 4 years ago (Bright MLS #DESU2034988)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Sold
Jun 19, 2023 In contract -
In contract
May 23, 2023 Price Decreased $2,300,000
↓ $250K (9.8%)
Price Decreased
Jan 25, 2023 No longer available -
No longer available
Jan 24, 2023 Listed by Jack Lingo - Lewes $2,550,000
Listed by Jack Lingo - Lewes
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 0
  • Building Quality: 3
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Floor Cover: 11
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 642
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,390
  • Gross Building Area: 1,200
  • Building Area: 2,390
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 24
  • Heated Square Feet: 2,390
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB ESTATES
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: RS
  • Legal Description 1: COUNTRY CLUB ESTATES LOT 4 BLK 2 SEC 4

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051102

Zoning

  • Zoning: TN

Geography

  • District: CAPE HENLOPE
  • Section: 4
  • Parcel: 334-13.20-242.01
  • Block: 2
  • Lot: 4
  • Municipality: 19971
  • Latitude: 38.7122
  • Longitude: -75.0911

    Address

  • Full Address: 226 State Rd
  • Address - House Number: 226
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 1842
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $186,396

    Market Valuation

  • Market Total Value: $75,700
  • Market Land Value: $12,500
  • Market Improvement Value: $63,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,600
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $11,350

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27787
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Contract Date: Mar 02, 2015
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rehoboth Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 36400 Warwick Drive, REHOBOTH BEACH, DE, 19971

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 792 ft²
36400 Warwick Drive, REHOBOTH BEACH, DE, 19971 Listing by KAREN MAULL


Frequently Asked Questions

When was property at 226 State Road built and last sold?
The property at 226 State Road was built in 2021 and last sold on Aug 4, 2023 for $2,327,000.
How much is this home worth?
The estimated value of the home located at 226 State Road is $2,326,123.
What are some comparable homes to 226 State Road?
There are currently no comparable homes to 226 State Road.