NOT LISTED FOR SALE

1 E Lake Dr Rehoboth Beach, DE 19971

Estimated Value: $490,308 - $1,161,000

0.57 Acre
$1,631,275 Price per Acre
24,829 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $3,500,000

Current estimated payment $5,351/month

Highlights

  • 75 Feet of Waterfront
  • Ocean View
  • 0.57 Acre Lot
  • Rehoboth Elementary School Rated A
  • Beach
  • No HOA

About This Lot

As of December 2014

East Lake Drive - Oceanfront to Silver Lake Property. Part Of TMP 334/20.10/1.00 (75 feet). Building Lot.

Last Agent to Sell the Property

DERRICK LINGO

Jack Lingo - Rehoboth Listed on: 04/17/2014

Co-Listed By

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023

Last Buyer's Agent

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,593

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 75x344x75x322
  • 75 Feet of Waterfront
  • Cleared Lot

Additional Features

  • Ocean Views
  • Public Hookup Available For Water

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-1.00

Community Details

Overview

  • No Home Owners Association
  • Irene Carpenter Draper Subdivision

Recreation

  • Beach
  • Water Access
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$2,593

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: East Lake Drive - Oceanfront to Silver Lake Property. Part Of TMP 334/20.10/1.00 (75 feet). Building Lot.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 139.87
  • Street Number Modifier: 1

Exterior Features

  • Construction Completed: No
  • View: Ocean
  • Water Access: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 75

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.57
  • Lot Size Area: 1
  • Lot Dimensions: 75x344x75x322
  • Lot Size Units: Acres
  • Lot Sq Ft: 25024.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.10-1.00
  • Close Date: 12/12/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
Helminiak Jeffrey W and Helminiak Macy H
Bought by
Krisfalusi Alan and Henderson Joseph Mark
Current Estimated Value
$929,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krisfalusi Alan $565,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Mark H $420,000
Closed Krisfalusi Alan $415,874
Closed Krisfalusi Alan $417,000
Previous Owner Helminiak Jeffrey W $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $3,500,000 +133.3% --
12/10/2014 12/10/14 Sold $1,500,000 -57.1% --
04/17/2014 04/17/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $3,500,000 +133.3% --
01/24/2014 01/24/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $1,500,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,593 $52,600 $8,200 $44,400
2023 $2,590 $52,600 $8,200 $44,400
2022 $2,500 $52,600 $8,200 $44,400
2021 $2,477 $52,600 $8,200 $44,400
2020 $2,470 $52,600 $8,200 $44,400
2019 $2,473 $52,600 $8,200 $44,400
2018 $2,310 $52,600 $0 $0
2017 $2,212 $52,600 $0 $0
2016 $2,101 $52,600 $0 $0
2015 $2,008 $52,600 $0 $0
2014 $1,993 $52,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DERRICK LINGO

    Jack Lingo - Rehoboth

  • Tracy Kelley

    Seller Co-Listing Agent in 2014

    Tracy Kelley

    Jack Lingo - Rehoboth

    (302) 227-3883

    28 in this area

    44 Total Sales

    Tracy Kelley
    Section Image
  • Bryce Lingo

    Buyer's Agent in 2014

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    198 in this area

    386 Total Sales

    Bryce Lingo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001001760

Bright MLS

APN: 334-07.00-291.00

Delaware Sussex County Rehoboth Beach 19971

1 E Lake Dr, Rehoboth Beach, DE

This home is located at 1 E Lake Dr, Rehoboth Beach, DE 19971 since 17 April 2014 and is currently estimated at $929,827. 1 E Lake Dr is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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