NOT LISTED FOR SALE

139 Cornwall Rd Rehoboth Beach, DE 19971

Estimated Value: $648,000 - $1,482,000

0.35 Acre
$3,267,620 Price per Acre
15,246 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $339,200

Est. 237% increase in value since last sale

Current estimated payment $6,643/month

About This Lot

As of September 2021

Rehoboth Beach Location...Location - Bike to Beach, Boardwalk & Rehoboth in town without crossing Rt.1 -just go under bridge and into the town of Rehoboth Beach, restaurants, shops, beach and fun. Create your beach oasis & dream home on this extra large lot in Rehoboth (Rehoboth Beach Yacht & CC) - the only lot currently for sale in all of RBYCC. With high elevation (Flood zone X) most mortgage companies do not require flood insurance and no neighbor on the right side as the property is owned by Tidewater utility. Jump on this opportunity to own a piece of Rehoboth now before its gone! Value & Location in Rehoboth.

Last Listed By

Sherri Martin

Jack Lingo - Rehoboth License #RS-0015084 Listed on: 05/16/2021

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $333

Year Built

  • 2022

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90.00 x 173.00
  • Property is zoned MR

HOA Fees

  • $25 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 150
  • Assessor Parcel Number 334-19.00-701.00

Property Details

Property Type

Land

Est. Annual Taxes

$333

Year Built

2022

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Expected On Market: 2021-05-17
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Rehoboth Beach Location...Location - Bike to Beach, Boardwalk & Rehoboth in town without crossing Rt.1 -just go under bridge and into the town of Rehoboth Beach, restaurants, shops, beach and fun. Create your beach oasis & dream home on this extra large lot in Rehoboth (Rehoboth Beach Yacht & CC) - the only lot currently for sale in all of RBYCC. With high elevation (Flood zone X) most mortgage companies do not require flood insurance and no neighbor on the right side as the property is owned by Tidewater utility. Jump on this opportunity to own a piece of Rehoboth now before its gone! Value & Location in Rehoboth.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 22.25
  • Street Number Modifier: 139

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
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • 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
  • Land Use Code: RV
  • Lot Size Acres: 0.35
  • Lot Dimensions: 90.00 x 173.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Year Assessed: 2020
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 302.00
  • Tax Annual Amount: 333.00
  • Assessor Parcel Number: 334-19.00-701.00
  • Tax Lot: 150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/01/2021

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Dennis William E
Bought by
Stover Glenn D and Stover Amy C
Total Days on Market
0
Current Estimated Value
$1,143,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$933,994
Interest Rate
3.22%
Mortgage Type
Construction
Estimated Equity
$188,673

Purchase Details

Listed on
May 16, 2021
Closed on
Aug 31, 2021
Sold by
Guerrieri Vincent R and Guerrieri Kathleen B
Bought by
Dennis William E
Seller's Agent
Sherri Martin
Jack Lingo - Rehoboth
Buyer's Agent
JAMES MCGREGOR
Jack Lingo - Rehoboth
List Price
$339,200
Sold Price
$339,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.83%

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
Stover Glenn D $395,000 Smith Firm Llc
Dennis William E $339,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stover Glenn D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $339,200 0.0% --
05/16/2021 05/16/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $339,200 -- --
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 $2,600 $7,100 $7,100 $0
2023 $2,598 $7,100 $7,100 $0
2022 $337 $7,100 $7,100 $0
2021 $334 $7,100 $7,100 $0
2020 $333 $7,100 $7,100 $0
2019 $334 $7,100 $7,100 $0
2018 $312 $7,100 $0 $0
2017 $299 $7,100 $0 $0
2016 $284 $7,100 $0 $0
2015 $271 $7,100 $0 $0
2014 $269 $7,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183226

Bright MLS

APN: 334-19.00-701.00