NOT LISTED FOR SALE

13 Delaware Ave Rehoboth Beach, DE 19971

Estimated Value: $1,820,000 - $2,736,000

0.11 Acre
$20,987,882 Price per Acre
5,000 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $1,975,000

Est. 17% increase in value since last sale

Current estimated payment $12,655/month

2 Days on Market

Highlights

  • Water Oriented
  • Building is oceanfront but unit may not have water views
  • Property is Fully Fenced
  • Rehoboth Elementary School Rated A
  • No HOA

About This Lot

As of January 2024

Ocean Block in South Rehoboth! This rare 50 x 100 building lot at 13 Delaware Ave is steps away from the world famous Rehoboth Beach Boardwalk and sparkling Atlantic Ocean. Flanked by handsome homes, this vibrant location offers access to endless entertainment, fabulous shopping and world class dining. Your golden opportunity awaits to create a custom beach retreat for your personal use or long term investment. Endless beach days are calling!

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 12/06/2023

RE/MAX Realty Group Rehoboth

Co-Listed By

AMY WARICK

(302) 258-5442 amy@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0016761

Last Buyer's Agent

Dave McCarthy

(302) 650-0820 dave@reinrb.com Dave McCarthy & Associates, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,291

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Property is Fully Fenced

Location

  • Flood Risk

Utilities

  • Water Service Lateral Not Installed
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 334-14.18-52.01

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Water Oriented
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$1,291

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 395.00
  • Street Number Modifier: 13

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Lateral Not Installed/Must Tap Off Main

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
  • Fencing: Fully
  • Land Use Code: 999
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2023
  • Zoning: R
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 560.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1291.00
  • Assessor Parcel Number: 334-14.18-52.01
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/05/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 5, 2024
Sold by
Nancy K Lefevre Trust
Bought by
G A L Land Company
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Dave McCarthy
Dave McCarthy & Associates, Inc.
List Price
$1,975,000
Sold Price
$1,975,000
Views
18
Current Estimated Value
$2,308,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,667
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Apr 10, 2023
Sold by
Lefevre Nancy K
Bought by
Nancy K Lefevre Trust
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
G A L Land Company $1,975,000 None Listed On Document
Nancy K Lefevre Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $1,975,000 0.0% --
12/08/2023 12/08/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $1,975,000 -- --
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
2025 $4,980 $12,500 $12,500 $0
2024 $616 $12,500 $12,500 $0
2023 $616 $12,500 $12,500 $0
2022 $594 $12,500 $12,500 $0
2021 $589 $12,500 $12,500 $0
2020 $587 $12,500 $12,500 $0
2019 $588 $12,500 $12,500 $0
2018 $549 $12,500 $0 $0
2017 $526 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2052668

Bright MLS

APN: 3341418005201