NOT LISTED FOR SALE

139 Cornwall Rd Rehoboth Beach, DE 19971

Estimated Value: $1,332,000 - $2,063,000

0.35 Acre
$4,591,380 Price per Acre
15,246 Sq Ft Lot

Sale Details

Date Sold: September 1, 2021

Last sale price $339,200

Est. 374% increase in value since last sale

Current estimated payment $8,913 / mo

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 Agent to Sell the Property

Sherri Martin

(302) 227-3883 sherri@sherrimartin.com Jack Lingo - Rehoboth License #RS-0015084 Listed on: 05/16/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

JAMES MCGREGOR

(302) 227-3883 jim@mcgregorcustomhomes.com Jack Lingo - Rehoboth License #RS-0020032

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $333

Lot Details

  • 15,246 Sq Ft 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

Lot Details

0.35 Acres

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 22.25

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 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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 90.00 x 173.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • 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

Multi Family

  • Federal Flood Zone: X

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
Jan 24, 2022
Sold by
Bought by
Current Estimated Value
$1,606,983

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
$922,943
Interest Rate
3.22%
Mortgage Type
Construction
Estimated Equity
$684,040

Purchase Details

Listed on
May 16, 2021
Closed on
Aug 31, 2021
Sold by
Bought by
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
38.27%
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
$395,000 Smith Firm Llc
$339,200 None Available
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 $1,000,000
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
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

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 $2,707 $7,100 $7,100 $0
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

  • Sherri Martin

    Seller's Agent in 2021

    Sherri Martin

    Jack Lingo - Rehoboth

    (302) 226-6622

    5 in this area

    13 Total Sales

    Sherri Martin
    Section Image

  • J

    Buyer's Agent in 2021

    JAMES MCGREGOR

    Jack Lingo - Rehoboth

    (302) 227-3883

    4 in this area

    7 Total Sales

    JAMES MCGREGOR
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU183226

Bright MLS

APN: 334-19.00-701.00

Delaware Sussex County Rehoboth Beach 19971

139 Cornwall Rd, Rehoboth Beach, DE

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