NOT LISTED FOR SALE

122 W Side Dr Unit 34 Rehoboth Beach, DE 19971

Estimated Value: $406,264 - $1,806,000

0.34 Acre
$4,064,900 Price per Acre
14,810 Sq Ft Lot

Last Sold August 26, 2016

Last sale price $480,000

Est. 188% increase in value since last sale

Current estimated payment $7,611/month

108 Days on Market

Highlights

  • On Golf Course
  • Partially Wooded Lot
  • Pool Membership Available
  • Rehoboth Elementary School Rated A
  • Tennis Courts

About This Lot

As of August 2016

Beautiful golf course building lot in Rehoboth Beach Yacht & Country Club. This lot is located on the highly desired West Side Drive and backs to the RBCC 17th hole offering long picturesque views. Rare opportunity and excellent value.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/06/2016

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 04/06/2016

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,136

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x147
  • On Golf Course
  • Partially Wooded Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $22 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-104.00

Community Details

Overview

  • Rehoboth Beach Yacht And CC Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pool Membership Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,136

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Beautiful golf course building lot in Rehoboth Beach Yacht & Country Club. This lot is located on the highly desired West Side Drive and backs to the RBCC 17th hole offering long picturesque views. Rare opportunity and excellent value.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 35.28
  • Street Number Modifier: 122

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: No Sewer System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 265.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Golf Course, Pool Mem Avail, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Crops Included: No
  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100x147
  • Lot Size Units: Acres
  • Lot Sq Ft: 14810.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.00-104.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/26/2016

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 30, 2016
Sold by
Emerson R Pennell
Bought by
Kayal Isabelle and Kayal Raymond
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$547,500
Sold Price
$480,000
Premium/Discount to List
-$67,500
-12.33%
Current Estimated Value
$1,382,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,066
Avg. Annual Appreciation
12.32%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 23, 2016
Sold by
Emerson R Pennell
Bought by
Kayal Isabelle and Kayal Raymond
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$547,500
Sold Price
$480,000
Premium/Discount to List
-$67,500
-12.33%

Purchase Details

Closed on
Jul 11, 2000
Bought by
Emerson R Pennell
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Kayal Isabelle $480,000 None Available
Kayal Isabelle $480,000 None Available
Emerson R Pennell -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $480,000 -12.3% --
07/23/2016 07/23/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $547,500 -- --
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
2025 $3,136 $49,500 $7,500 $42,000
2024 $2,440 $49,500 $7,500 $42,000
2023 $2,438 $49,500 $7,500 $42,000
2022 $2,353 $49,500 $7,500 $42,000
2021 $2,331 $49,500 $7,500 $42,000
2020 $2,324 $49,500 $7,500 $42,000
2019 $2,327 $49,500 $7,500 $42,000
2018 $2,174 $49,500 $0 $0
2017 $2,082 $49,500 $0 $0
2016 $300 $7,500 $0 $0
2015 $286 $7,500 $0 $0
2014 $284 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001015570

Bright MLS

APN: 334-19.00-104.00