Seller's Agent in 2025
Brian Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 228-0204
133 in this area
367 Total Sales
118 Cornwall Rd Rehoboth Beach, DE 19971
Estimated Value: $536,000 - $644,000
0.27
Acres
$2,198,767
Price per Acre
11,761
Sq Ft Lot
Highlights
- Wooded Lot
- Rehoboth Elementary School Rated A
- Pool Membership Available
About This Lot
As of March 2025One of the last remaining wooded lots in Rehoboth Beach Country Club. Bet you didn’t know that 20% of the remaining vacant lots were built on in the last year, and another 20% were built on in 2023 and 2022. Land is scarce in Rehoboth Beach. Whether you’re looking for a strong long term investment or a place to build the home of your dreams, this special piece of property is a fabulous choice! The community is just down the road from two country clubs with championship golf courses, pools, pickleball, tennis, fabulous clubhouses and restaurants all available with private memberships.
Last Agent to Sell the Property
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RA-0020621 Listed on: 11/27/2024
Co-Listed By
(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty
Last Buyer's Agent
(302) 539-9040 christi@lesliekopp.com Long & Foster Real Estate, Inc. License #RS-0023120
Property Details
Property Type
- Land
Est. Annual Taxes
- $340
Lot Details
- 0.27 Acre Lot
- Wooded Lot
- Property is zoned MR
HOA Fees
- $29 Monthly HOA Fees
Schools
- Cape Henlopen High School
Utilities
- Public Hookup Available For Sewer
Listing and Financial Details
- Tax Lot 185
- Assessor Parcel Number 334-19.00-736.00
Community Details
Overview
- Association fees include common area maintenance
- Blackpool Home Owners Assoc. HOA
- Rehoboth Beach Yacht And CC Subdivision
Recreation
- Golf Course Membership Available
- Pool Membership Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2024
Closed on
Mar 14, 2025
Sold by
Velitskakis Asterios and Velitsicakis Karen
Bought by
Ford Patrick J and Ford Catherine W
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Christi Arndt
Long & Foster Real Estate, Inc.
List Price
$565,000
Sold Price
$565,000
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,667
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,200,000
Outstanding Balance
$1,193,953
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$600,286
Purchase Details
Listed on
Jan 18, 2023
Closed on
Feb 16, 2023
Sold by
Whitt Brooke
Bought by
Velitskakis Asterios and Velitskakis Karen
Seller's Agent
GRAVES CAREY
360 PROPERTY SOLUTIONS
Buyer's Agent
Brian Barrows
Monument Sotheby's International Realty
List Price
$399,900
Sold Price
$399,900
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%
Purchase Details
Closed on
Aug 19, 2022
Sold by
Baxter Farms Inc
Bought by
Whitt Brooke
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ford Patrick J | $565,000 | None Listed On Document | |
| Velitskakis Asterios | $399,900 | -- | |
| Whitt Brooke | $6,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ford Patrick J | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $565,000 | 0.0% | -- | |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- | |
| 11/27/2024 11/27/24 | For Sale | $565,000 | +41.3% | -- | |
| 02/16/2023 02/16/23 | Sold | $399,900 | 0.0% | -- | View Prior Sale |
| 01/21/2023 01/21/23 | Pending | -- | -- | -- | |
| 01/18/2023 01/18/23 | For Sale | $399,900 | -- | -- |
Source: Bright MLS
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 | $712 | $6,900 | $6,900 | $0 |
| 2024 | $340 | $6,900 | $6,900 | $0 |
| 2023 | $340 | $6,900 | $6,900 | $0 |
| 2022 | $328 | $6,900 | $6,900 | $0 |
| 2021 | $325 | $6,900 | $6,900 | $0 |
| 2020 | $324 | $6,900 | $6,900 | $0 |
| 2019 | $324 | $6,900 | $6,900 | $0 |
| 2018 | $303 | $6,900 | $0 | $0 |
| 2017 | $290 | $6,900 | $0 | $0 |
| 2016 | $276 | $6,900 | $0 | $0 |
| 2015 | $263 | $6,900 | $0 | $0 |
| 2014 | $261 | $6,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Barrows
-
Jennifer Barrows
Seller Co-Listing Agent in 2025
Jennifer Barrows
OCEAN ATLANTIC SOTHEBYS
(302) 841-9505
98 in this area
222 Total Sales
-
Christi Arndt
Buyer's Agent in 2025
Christi Arndt
Long & Foster
(302) 245-5223
1 in this area
117 Total Sales
-
GRAVES CAREY
Seller's Agent in 2023
GRAVES CAREY
360 PROPERTY SOLUTIONS
(302) 236-9876
3 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: DESU2075122
APN: 334-19.00-736.00
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