NOT LISTED FOR SALE

Estimated Value: $455,099 - $2,748,000

0.12 Acre
$14,324,130 Price per Acre
5,009 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $499,000

Est. 230% increase in value since last sale

Current estimated payment $9,346/month

162 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • 2-minute walk to Deer Park
  • Rehoboth Elementary School Rated A

About This Lot

As of November 2012

Newly created lot in The Pines, just 4 blocks to Ocean and a short walk to all Rehoboth Beach attractions. Build it your way.

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 02/05/2012

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,026

Year Built

  • 1974

Lot Details

  • Lot Dimensions are 50x100
  • Wooded Lot

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • North Rehoboth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-145.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,026

Year Built

1974

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: Newly created lot in The Pines, just 4 blocks to Ocean and a short walk to all Rehoboth Beach attractions. Build it your way.
  • Special Features: None
  • Year Built (Public Record): 1974

Interior Features

  • Street Number Modifier: 107

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Dimensions: 50x100

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194528
  • Assessor Parcel Number: 334-13.20-145.00
  • County Tax Payment Frequency: Annually
  • Close Date: 11/19/2012

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2012
Closed on
Nov 29, 2012
Sold by
Mulberry No 1 Llc
Bought by
Fradin Joel M and Fradin Nancy A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$499,000
Sold Price
$499,000
Total Days on Market
162
Current Estimated Value
$1,647,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,148,275
Avg. Annual Appreciation
10.02%
Original Mortgage
$576,850
Outstanding Balance
$125,122
Interest Rate
3.4%
Estimated Equity
$1,522,153

Purchase Details

Listed on
Feb 5, 2012
Closed on
Nov 19, 2012
Sold by
Mulberry No 1 Llc
Bought by
Fradin Joel M and Fradin Nancy A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,850
Outstanding Balance
$125,122
Interest Rate
3.4%
Estimated Equity
$1,522,153

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
Fradin Joel M $499,000 --
Fradin Joel M $499,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fradin Joel M $576,850
Closed Fradin Joel M $576,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $499,000 0.0% --
07/16/2012 07/16/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $499,000 -- --
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 $2,026 $41,100 $7,500 $33,600
2023 $2,024 $41,100 $7,500 $33,600
2022 $1,953 $41,100 $7,500 $33,600
2021 $1,935 $41,100 $7,500 $33,600
2020 $1,930 $41,100 $7,500 $33,600
2019 $1,932 $41,100 $7,500 $33,600
2018 $1,805 $41,100 $0 $0
2017 $1,728 $41,100 $0 $0
2016 $1,642 $41,100 $0 $0
2015 $1,569 $41,100 $0 $0
2014 $421 $11,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000998750

Bright MLS

APN: 334-13.20-145.00