NOT LISTED FOR SALE

110 Norfolk St Rehoboth Beach, DE 19971

Estimated Value: $630,861 - $3,465,000

0.14 Acre
$14,883,679 Price per Acre
6,098 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $1,800,000

Est. 16% increase in value since last sale

Current estimated payment $11,852/month

41 Days on Market

Highlights

  • Water Oriented
  • No HOA
  • 3-minute walk to Stockley Street Park
  • Rehoboth Elementary School Rated A

About This Lot

As of September 2021

Build your South Rehoboth Dream Home. Come see the site of your future home & envision all the memories that will unfold! Just 1.5 blocks from the beach and boardwalk, this oversized 63 x 100 lot will give you more building options (than the standard 50 x 100 lot) which could include a pool, garage, more interior living space or bigger porch & decks.

Last Listed By

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 07/21/2021

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,531

Year Built

  • 2023

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63.00 x 100.00
  • Property is zoned TN

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-261.00

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Water Oriented
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$1,531

Year Built

2023

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
  • New Construction: No
  • Expected On Market: 2021-07-24
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Build your South Rehoboth Dream Home. Come see the site of your future home & envision all the memories that will unfold! Just 1.5 blocks from the beach and boardwalk, this oversized 63 x 100 lot will give you more building options (than the standard 50 x 100 lot) which could include a pool, garage, more interior living space or bigger porch & decks.
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 340.28
  • Street Number Modifier: 110

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: 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
  • Improvement Assessed Value: 7500.00
  • Land Use Code: RS
  • Lot Size Acres: 0.14
  • Lot Dimensions: 63.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Year Assessed: 2021
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5202515
  • School Tax: 849.00
  • Tax Annual Amount: 1531.00
  • Assessor Parcel Number: 334-20.05-261.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/20/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 16, 2021
Sold by
Mchuff Llc
Bought by
Stephen N Becker T
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Kathy Goodman
RE/MAX Coastal
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%
Total Days on Market
41
Current Estimated Value
$2,083,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,715
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Carmody Francis X and Carmody Molly M
Bought by
Mchuff Llc

Purchase Details

Closed on
Sep 14, 1984
Bought by
Carmody Francis X Md Molly M

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
Stephen N Becker T $1,800,000 None Available
Mchuff Llc $1,450,000 None Available
Carmody Francis X Md Molly M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mchuff Llc $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,800,000 -13.3% --
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $2,075,000 -1.2% --
07/21/2021 07/21/21 For Sale $2,100,000 -- --
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 $2,270 $19,900 $12,400 $7,500
2023 $980 $19,900 $12,400 $7,500
2022 $946 $19,900 $12,400 $7,500
2021 $937 $19,900 $12,400 $7,500
2020 $934 $19,900 $12,400 $7,500
2019 $936 $19,900 $12,400 $7,500
2018 $874 $19,900 $0 $0
2017 $837 $19,900 $0 $0
2016 $795 $19,900 $0 $0
2015 $760 $19,900 $0 $0
2014 $754 $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2002576

Bright MLS

APN: 334-20.05-261.00