NOT LISTED FOR SALE

110 Jersey St Dewey Beach, DE 19971

0.11 Acre
-- Price per Acre
4,792 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $875,000

2 Days on Market

About This Lot

As of May 2023

Welcome to 110 Jersey Street located in the coveted community of Rehoboth by The Sea. This demoed, surveyed, and ready to be built on 50x100 lot has a brand new 60-year lease ready for its next lessee. Conveniently located and walking distance to everything Dewey and Rehoboth Beach have to offer. This open lot is a blank slate for your future dream home. Don’t miss this opportunity of a lifetime. The new 60 year lease is set at $5,875.00 per quarter.

Last Agent to Sell the Property

John Redefer

Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 04/10/2023

Co-Listed By

CHRISTOPHER REDEFER

Rehoboth Bay Realty, Co.

Last Buyer's Agent

BETH BOZMAN

Patterson-Schwartz-Rehoboth License #RS-0021975

Patterson-Schwartz-Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $476

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Ground Rent expires in 60 years
  • Property is zoned TN

Utilities

  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 334-20.10-151.00

Property Details

Property Type

Land

Est. Annual Taxes

$476

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Residential
  • Expected On Market: 2023-04-12
  • Federal Flood Zone: No
  • Remarks Public: Welcome to 110 Jersey Street located in the coveted community of Rehoboth by The Sea. This demoed, surveyed, and ready to be built on 50x100 lot has a brand new 60-year lease ready for its next lessee. Conveniently located and walking distance to everything Dewey and Rehoboth Beach have to offer. This open lot is a blank slate for your future dream home. Don’t miss this opportunity of a lifetime. The new 60 year lease is set at $5,875.00 per quarter.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 182.60
  • Street Number Modifier: 110

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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2022
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 60
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203424
  • School Tax: 431.00
  • Tax Annual Amount: 476.00
  • Assessor Parcel Number: 334-20.10-151.00
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/12/2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $875,000 0.0% --
04/12/2023 04/12/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $875,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Redefer

    Seller's Agent in 2023

    John Redefer

    Rehoboth Bay Realty, Co.

    (302) 542-0375

    27 in this area

    70 Total Sales

    John Redefer
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    CHRISTOPHER REDEFER

    Rehoboth Bay Realty, Co.

    (302) 521-7885

    6 in this area

    14 Total Sales

    CHRISTOPHER REDEFER
    Section Image
  • BETH BOZMAN

    Buyer's Agent in 2023

    BETH BOZMAN

    Patterson Schwartz

    (302) 841-9435

    2 in this area

    14 Total Sales

    BETH BOZMAN
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2038766

Bright MLS
Delaware Sussex County Dewey Beach 19971

110 Jersey St, Dewey Beach, DE

This home is located at 110 Jersey St, Dewey Beach, DE 19971 since 10 April 2023. 110 Jersey St 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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