NOT LISTED FOR SALE

125 E Side Dr Rehoboth Beach, DE 19971

Estimated Value: $190,000 - $2,331,000

0.28 Acre
$4,501,786 Price per Acre
12,197 Sq Ft Lot

Last Sold May 10, 2023

Last sale price $1,600,000

Est. 21% decrease in value since last sale

Current estimated payment $6,821/month

About This Lot

As of May 2023

This home is located at 125 E Side Dr, Rehoboth Beach, DE 19971 since 11 May 2023 and is currently estimated at $1,260,500. 125 E Side Dr is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889 Listed on: 05/11/2023

Jack Lingo - Rehoboth

Last Buyer's Agent

HENRY MCKAY

(302) 381-5039 henry@rehobothdreamhomes.com Jack Lingo - Rehoboth License #RS-0014889 Listed on: 05/11/2023

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $525

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100.00 x 126.00
  • Property is zoned MR

HOA Fees

  • $19 Monthly HOA Fees

Location

  • Flood Risk

Schools

  • Rehoboth Elementary School
  • Mariner Middle School
  • Cape Henlopen High School

Community Details

  • East Side Drive HOA
  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 334-19.00-227.00

Property Details

Property Type

Land

Est. Annual Taxes

$525

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 131.18
  • Street Number Modifier: 125

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
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • HOA Name: EAST SIDE DRIVE
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: MARINER
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: MARINER

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 0.28
  • Lot Dimensions: 100.00 x 126.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Year Assessed: 2022
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • School Tax: 476.00
  • Tax Annual Amount: 525.00
  • Assessor Parcel Number: 334-19.00-227.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/10/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
May 10, 2023
Sold by
Pensco Trust Co
Bought by
Watson John V and Watson Kimberly H
Seller's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
Buyer's Agent
HENRY MCKAY
Jack Lingo - Rehoboth
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,260,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,500
Avg. Annual Appreciation
-6.77%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Dr Robert E Dr Robert E
Bought by
Pensco Trust Company Custodian Fbo Janet
Source: Public Records

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
Watson John V $1,600,000 None Listed On Document
Pensco Trust Company Custodian Fbo Janet -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 For Sale $1,600,000 0.0% --
05/10/2023 05/10/23 Sold $1,600,000 -- --
04/21/2023 04/21/23 Pending -- -- --
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 $1,433 $11,050 $10,000 $1,050
2024 $545 $11,050 $10,000 $1,050
2023 $544 $11,050 $10,000 $1,050
2022 $525 $11,050 $10,000 $1,050
2021 $520 $11,050 $10,000 $1,050
2020 $519 $11,050 $10,000 $1,050
2019 $520 $11,050 $10,000 $1,050
2018 $485 $11,050 $0 $0
2017 $465 $11,050 $0 $0
2016 $441 $11,050 $0 $0
2015 $422 $11,050 $0 $0
2014 $419 $11,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HENRY MCKAY

    Seller's Agent in 2023

    HENRY MCKAY

    Jack Lingo - Rehoboth

    (302) 381-5039

    13 in this area

    24 Total Sales

    HENRY MCKAY
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Map

Source: Bright MLS

MLS Number: DESU2041288

Bright MLS

APN: 334-19.00-227.00

Delaware Sussex County Rehoboth Beach 19971

125 E Side Dr, Rehoboth Beach, DE

This home is located at 125 E Side Dr, Rehoboth Beach, DE 19971 since 11 May 2023 and is currently estimated at $1,260,500. 125 E Side Dr 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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