NOT LISTED FOR SALE

Estimated Value: $978,000 - $1,153,000

0.57 Acre
$1,862,088 Price per Acre
25,024 Sq Ft Lot

Sale Details

Date Sold: December 12, 2014

Last sale price $3,500,000

Current estimated payment $5,787 / mo

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

derrick@jacklingo.cominactive Jack Lingo - Rehoboth Listed on: 04/17/2014

Co-Listed By

Tracy Kelley

(302) 227-3883 tracy@jacklingo.com Jack Lingo - Rehoboth License #RA-0031023

Last Buyer's Agent

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 25,024 Sq Ft 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

Lot Details

0.57 Acres

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 139.87

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

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

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2017
Sold by
Bought by
Current Estimated Value
$1,061,390

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
Outstanding Balance
$345,398
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$715,992
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2014 12/12/14 Sold $3,500,000 +133.3% --
12/10/2014 12/10/14 Sold $1,500,000 -57.1% -- View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,863 $52,600 $8,200 $44,400
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

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Map

Source: Bright MLS

MLS Number: 1001001760

Bright MLS

APN: 334-07.00-291.00

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