NOT LISTED FOR SALE

1028 Scarborough Ave Rehoboth Beach, DE 19971

Estimated Value: $1,567,000 - $2,027,624

4 Beds
5 Baths
2,514 Sq Ft
$711/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $249,000 $99 Per Sq Ft

Est. 618% increase in value since last sale

Current estimated payment $9,671/month

About This Home

Lot 1, to be built in City of Rehoboth Beach by Statera Homes. 5 blocks from ocean and boardwalk via Silver Lake footbridge. Close to Rehoboth and Dewey beach, recreation and restaurants. Lot can be bought as "lot only" with no obligation to Statera Homes for $279,000. Settlement on lot must occur before construction is commenced. Property taxes to be determine. 4 Master Bedrooms. Great for your family and friends. Seller is doing a 1031 tax deferred exchange.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Longacre Mark D and Pauley Carey L
Bought by
Shorb Andrew R and Shorb Alyssa A
Current Estimated Value
$1,786,656
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Shorb Andrew R $1,550,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2017 08/14/17 Sold $249,000 -58.4% $99 / Sq Ft View Prior Sale
05/13/2017 05/13/17 For Sale $599,000 -- $238 / Sq Ft

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
2025 $3,276 $5,000 $5,000 $0
2024 $1,895 $5,000 $5,000 $0
2023 $1,894 $5,000 $5,000 $0
2022 $1,828 $5,000 $5,000 $0
2021 $1,811 $5,000 $5,000 $0
2020 $1,805 $5,000 $5,000 $0
2019 $1,808 $5,000 $5,000 $0
2018 $220 $5,000 $0 $0
2017 $210 $5,000 $0 $0
2016 $200 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charles Renschler

    Mann & Sons Inc

    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Betty Mann-Beebe

    Mann & Sons Inc

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Map

Delaware Sussex County Rehoboth Beach 19971

1028 Scarborough Ave, Rehoboth Beach, DE

Not Listed for Sale

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