NOT LISTED FOR SALE

127 Shady Ridge Dr Rehoboth Beach, DE 19971

Estimated Value: $189,301 - $392,000

0.34 Acre
$800,294 Price per Acre
14,810 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $160,000

Est. 70% increase in value since last sale

Current estimated payment $1,520/month

About This Lot

As of December 2021

This home is located at 127 Shady Ridge Dr, Rehoboth Beach, DE 19971 since 24 August 2021 and is currently estimated at $272,100. 127 Shady Ridge 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

Blair Cherico

Monument Sotheby's International Realty License #RS-0022554 Listed on: 08/24/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $64

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75.00 x 203.00
  • Property is zoned GR

HOA Fees

  • $20 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Well
  • Well Permit Not Applied For
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 334-13.00-579.00

Property Details

Property Type

Land

Est. Annual Taxes

$64

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 11.82
  • Street Number Modifier: 127

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 Hook/Up Avail, Public Sewer
  • Water Source: Well, Well Permit Not Applied For

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 800.00
  • Land Use Code: RI
  • Lot Size Acres: 0.34
  • Lot Dimensions: 75.00 x 203.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Year Assessed: 2021
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5193574
  • School Tax: 55.00
  • Tax Annual Amount: 61.00
  • Assessor Parcel Number: 334-13.00-579.00
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 29, 2021
Sold by
Irrevocable Trust
Bought by
Bearsch Laura Virginia and Proutt Lisa G
Seller's Agent
Blair Cherico
Monument Sotheby's International Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$272,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,100
Avg. Annual Appreciation
3.63%
Original Mortgage
$120,000
Outstanding Balance
$111,731
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$69,693

Purchase Details

Closed on
Dec 7, 2012
Sold by
David Blake David Blake
Bought by
Thompson Christopher Wade
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
Bearsch Laura Virginia $160,000 Fuqua Willard Stevens & Schab
Thompson Christopher Wade -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearsch Laura Virginia $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $160,000 -8.6% --
08/24/2021 08/24/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $175,000 -- --
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
2024 $64 $500 $500 $0
2023 $64 $500 $500 $0
2022 $62 $500 $500 $0
2021 $61 $500 $500 $0
2020 $61 $500 $500 $0
2019 $61 $500 $500 $0
2018 $22 $500 $0 $0
2017 $21 $500 $0 $0
2016 $20 $500 $0 $0
2015 $19 $500 $0 $0
2014 $19 $500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Blair Cherico

    Seller's Agent in 2021

    Blair Cherico

    OCEAN ATLANTIC SOTHEBYS

    (302) 227-6767

    7 in this area

    32 Total Sales

    Blair Cherico
    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2021

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    232 in this area

    1,926 Total Sales

    Lee Ann Wilkinson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2004580

Bright MLS

APN: 334-13.00-579.00

Delaware Sussex County Rehoboth Beach 19971

127 Shady Ridge Dr, Rehoboth Beach, DE

This home is located at 127 Shady Ridge Dr, Rehoboth Beach, DE 19971 since 24 August 2021 and is currently estimated at $272,100. 127 Shady Ridge 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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