NOT LISTED FOR SALE

1252 King Charles Ave Dewey Beach, DE 19971

Dewey Beach Area

Estimated Value: $1,020,000 - $1,540,080

0.11 Acres
$11,900,245 Price per Acre
4,792 Sq Ft Lot

Sale Details

Date Sold: November 26, 2024

Last sale price $1,500,000

Est. 13% decrease in value since last sale

Current estimated payment $7,096 / mo

284 Days on Market

About This Lot

As of November 2024

Do not miss the rare opportunity. 50’ X 100’ lot located in Rehoboth by the Sea on the north end of Dewey Beach. The lot is surveyed and fenced for you and your builder to design your dream home at the beach. Instant appreciation. One block to the ocean. Utilitizing the Town of Dewey Beach for building parameters. This leased land opportunity will not last long

Last Agent to Sell the Property

CHRISTOPHER REDEFER

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. Listed on: 01/25/2024

Co-Listed By

John Redefer

(302) 227-1232 jack@rehobothbayrealty.com Rehoboth Bay Realty, Co. License #RB-0031187

Last Buyer's Agent

Joe Preston

(301) 540-2232 wjoepjr@gmail.com RE/MAX Town Center License #631409

RE/MAX Town Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $493

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Ground Rent expires in 60 years
  • Property is zoned TN

Community Details

  • No Home Owners Association
  • Rehoboth By The Sea Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 334-20.14-96.00

Property Details

Property Type

Land

Est. Annual Taxes

$493

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Expected On Market: 2024-01-25
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 198.25

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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 60
  • Lease Considered: Yes
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 448.00
  • Tax Annual Amount: 493.00
  • Assessor Parcel Number: 334-20.14-96.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2026
Sold by
Bought by
Current Estimated Value
$1,309,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,272,000
Interest Rate
0.0601%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
CHRISTOPHER REDEFER
Rehoboth Bay Realty, Co.
Buyer's Agent
Joe Preston
RE/MAX Town Center
List Price
$950,000
Sold Price
$1,500,000
Premium/Discount to List
$550,000
57.89%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,500,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,272,000
Previous Owner $1,272,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $1,500,000 +57.9% --
11/05/2024 11/05/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $950,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,785 $10,000 $10,000 $0
2024 $811 $10,000 $10,000 $0
2023 $811 $10,000 $10,000 $0
2022 $794 $10,000 $10,000 $0
2021 $789 $10,000 $10,000 $0
2020 $787 $10,000 $10,000 $0
2019 $766 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $435 $10,000 $0 $0
2015 $417 $10,000 $0 $0
2014 $414 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    CHRISTOPHER REDEFER

    Rehoboth Bay Realty, Co.

    (302) 521-7885

    14 Total Sales

    CHRISTOPHER REDEFER
    Section Image
  • John Redefer

    Seller Co-Listing Agent in 2024

    John Redefer

    Rehoboth Bay Realty, Co.

    (302) 542-0375

    65 Total Sales

    John Redefer
    Section Image
  • Joe Preston

    Buyer's Agent in 2024

    Joe Preston

    RE/MAX

    (301) 613-5084

    51 Total Sales

    Joe Preston
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2054724

Bright MLS

APN: 334-20.14-96.00

Delaware Sussex County Dewey Beach 19971

1252 King Charles Ave, Dewey Beach, DE

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