NOT LISTED FOR SALE

119 Jersey St Unit 2470 Dewey Beach, DE 19971

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

Last Sold May 20, 2022

Last sale price $1,100,000

About This Lot

As of May 2022

Talk about an opportunity of a lifetime! this cleared Ready to build 50X100 lot is VERY rarely seen to the coveted community of Rehoboth By The Sea. The sellers do have plans that are compliant with the town of Dewey Beach NR zoning restrictions. This property is on Leased land and has a very attractive lease. The dwelling was apart of a structure fire and was deemed to be taken down. the 60 year lease on the lot has 74 years remaining and is $4,050 per quarter.

Last Agent to Sell the Property

John Redefer

(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 01/26/2022

Last Buyer's Agent

John Redefer

(302) 542-0375 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187 Listed on: 01/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $535

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned NR

Utilities

  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 334-20.10-104.00-2470

Property Details

Property Type

Land

Est. Annual Taxes

$535

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Residential
  • Federal Flood Zone: No
  • Remarks Public: Talk about an opportunity of a lifetime! this cleared Ready to build 50X100 lot is VERY rarely seen to the coveted community of Rehoboth By The Sea. The sellers do have plans that are compliant with the town of Dewey Beach NR zoning restrictions. This property is on Leased land and has a very attractive lease. The dwelling was apart of a structure fire and was deemed to be taken down. the 60 year lease on the lot has 74 years remaining and is $4,050 per quarter.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 208.68
  • Street Number Modifier: 119

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 Septic
  • 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: RL
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: NR
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203341
  • School Tax: 484.00
  • Tax Annual Amount: 535.00
  • Assessor Parcel Number: 334-20.10-104.00-2470
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/20/2022

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
05/20/2022 05/20/22 Sold $1,100,000 0.0% --
02/23/2022 02/23/22 Off Market $1,100,000 -- --
02/10/2022 02/10/22 Pending -- -- --
01/27/2022 01/27/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $1,000,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Redefer

    Seller's Agent in 2022

    John Redefer

    Rehoboth Bay Realty, Co.

    (302) 542-0375

    27 in this area

    70 Total Sales

    John Redefer
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Map

Source: Bright MLS

MLS Number: DESU2014628

Bright MLS
Delaware Sussex County Dewey Beach 19971

119 Jersey St Unit 2470, Dewey Beach, DE

This home is located at 119 Jersey St Unit 2470, Dewey Beach, DE 19971 since 26 January 2022. 119 Jersey St Unit 2470 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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