Beds4
Baths2Full11/2
Sq.Ft.3,000
Year1997

Dustin Oldfather
(302) 260-2000
Status:
Sold
Property Type:Detached
MLS #:DESU2035582
Sq. Feet:3,000
Date Sold:4/28/2023
Lot Size:0.59 Acres
County:Sussex
Listing Office
Office:RE/MAX Realty Group Rehoboth
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.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
3/2/2023 | $1,927,000 | $1,727,000 | -10.4% |
4/30/2023 | $1,727,000 | $1,575,000 | -8.8% |
Community Information
Address:503 School Ln, Rehoboth Beach, DE 19971
Area:Lewes Rehoboth Hundred (31009)
County:Sussex
City:Rehoboth Beach
School District:Cape Henlopen
Subdivision:Schoolvue
Zip Code:19971
Neighborhood:SCHOOLVUE
Building:None Available
Architecture
Bedrooms:
4
Bathrooms:
2 Full / 1 Half
Year Built:1997
Stories:2
Style:Traditional
Construction: Frame
Roof: Shingle
Foundation: Block
Basement Type: Unfinished
Features / Amenities
Interior Features: Carpet, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Ceiling Fan(s), Wood Floors
Appliances: Oven/Range - Electric, Built-In Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Water Heater
Main Level Bedrooms: 1
Fireplace: Gas/Propane
Sub Structure Types: Above Grade, Below Grade
Garage: Garage - Rear Entry
Garage Spaces: 3
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Baseboard - Electric, Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Square Footage
Finished Sq. Ft. | |
Above Grade | 3000 |
Below Grade | 0 |
Total | 3000 |
Property Features
Lot Size:
0.59 Acres
Lot Dimensions:100.00 x 259.00 Sq. Ft.
Parking Types: Detached Garage, Driveway
Driveway - # of Spaces: 4
View: Lake
Sewer: Public Sewer
Water: Public
Zoning:TN
Directions:Route 1 to Rehoboth. State Road to School Lane in Schoolvue
Tax and Financial Info
Total Taxes: $2,749 (paid Annually)
Tax Year: 2021
School Tax: $1,883
New Financing: Cash
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $672.00 (Annually)
County Tax Rate: $194.00 (Annually)
Refuse Fee: $75.00
Acceptable Financing: Cash, Conventional
Schools
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Listing Information Last Updated 6/3/2023
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The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.