503 School Lane

503 School Lane

Rehoboth Beach, DE 19971

$1,575,000
Last Sold Price
4
Beds
2
Baths
1
1/2 Bath
3,000 Sq. Ft.
$525 / Sq. Ft.
3,000
Sq. Ft.
$525
per Sq. Ft.

Closed 4/28/23

Closed 4/28/23

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a large kitchen with stainless steel appliances granite countertop a sink and cabinets
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a kitchen with stainless steel appliances granite countertop a stove a sink dishwasher a dining table and chair with wooden floor
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Description

A rare offering in Rehoboth Beach...1/2 acre on the North end of Silver Lake. Nestled among mature trees, the lot provides privacy, a boat dock, and a short walk to the beach. Build new, or install an inground pool and expand the existing home. The cozy 4 bedroom, 2.5 bath home features hardwood floors, 2 sunrooms, screened porch, and kitchen with lake view. The living/dining room enjoy a bay window and propane fireplace. The first floor en-suite adjoins an office with 3 closets for clothing and...A rare offering in Rehoboth Beach...1/2 acre on the North end of Silver Lake. Nestled among mature trees, the lot provides privacy, a boat dock, and a short walk to the beach. Build new, or install an inground pool and expand the existing home. The cozy 4 bedroom, 2.5 bath home features hardwood floors, 2 sunrooms, screened porch, and kitchen with lake view. The living/dining room enjoy a bay window and propane fireplace. The first floor en-suite adjoins an office with 3 closets for clothing and storage. 3 bedrooms, 1 bath, a loft/computer area, and 2 oversized storage rooms complete the second floor. There is an office, workshop, and laundry area in the full basement that can be accessed from the exterior. The 3 car garage allows work space for hobbies, gardening, canoes, and kayaks. The Schoolvue community is quiet with no traffic, close to the tennis/pickle ball courts, and Turtle Bridge.
  1. Listed by Debbie Reed • RE/MAX Realty Group Rehoboth
    P: 3022273818 debbie@debbiereed.com
  2. Listed by MELISSA THOROUGHGOOD • RE/MAX Realty Group Rehoboth
    P: 3022274800 melissatatbeach@aol.com

Property Details for 503 School Lane

Tax ID Number
334-20.05-8.00
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Traditional
Levels/Stories
2
Furnished
No

Location

Listing Courtesy of RE/MAX Realty Group Rehoboth

Sold By Keller Williams Realty

Add your commute
LISTING UPDATED: 04/30/2023 01:45 PM

Property Details for 503 School Lane

StatusClosed
MLS #DESU2035582
Days on Market28
Taxes$2,749 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1997
Lot Size0.59 AC / 25,731 SF
CountySussex County

Location

Listing Courtesy of RE/MAX Realty Group Rehoboth

Sold By Keller Williams Realty

Add your commute

Building Information for 503 School Lane

Stories2Year Built1997Building Size-Lot Size0.59 AC / 25,731 SF

Payment Calculator

$8,825 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 School Lane

Location
Location
  • In City Limits: Yes
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: Listing Agent
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Type: Lake
  • Water Frontage In Feet: 35.0
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Year Assessed: 2022
  • County Tax: $194
  • City Town Tax: $672
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Refuse Fee: $75
  • Zoning: TN
  • Tax Lot: 21
  • School Tax: $1,883
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 3
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 3
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 3,000.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 100.00 x 259.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5202742
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway
  • Num of Detached Garage Spaces: 3
  • Driveway - # of Spaces: 4
  • Total Garage Spaces: 3
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Interior Features: Carpet, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Ceiling Fan(s), Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Gas/Propane
  • Appliances: Oven/Range - Electric, Built-In Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Heater
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)
  • List Agent URL: www.debbiereed.com

Property History for 503 School Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 School Lane

Taxable ValueLand$16,250Additions$27,450Total$43,700
Tax Record2023$2,152 ($179 / month)
Home Facts
Beds3Total Finished SqFt3,044 SqFtAbove Grade Finished SqFt2,530 SqFtFinished Basement SqFt514 SqFtStories2Lot Size25,900 SqFtStyleSingle Family ResidenceYear Built1997ZoningTNCountySUSSEXAPN334-20.05-8.00

Schools near 503 School Lane

This home is within Cape Henlopen School District.
Rating
School
Type
Grades
Distance
Rehoboth Elementary School
Public - K to 5
Mariner Middle School
Public - 6 to 8
Cape Henlopen High School
Public - 9 to 12
Rating
School
Distance
Rehoboth Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Realty Group Rehoboth

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.