NOT LISTED FOR SALE

139 E Side Dr Rehoboth Beach, DE 19971

Estimated Value: $959,000 - $2,642,000

1.33 Acres
$1,534,085 Price per Acre
57,935 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $905,000

Est. 125% increase in value since last sale

Current estimated payment $11,754/month

150 Days on Market

Highlights

  • 139 Feet of Waterfront
  • 1 Dock Slip
  • Golf Club
  • Rehoboth Elementary School Rated A
  • Pier
  • Fitness Center

About This Lot

As of June 2018

Last vacant waterfront lot on prestigious East Side Drive in Rehoboth Beach Yacht & County Club. Southeast exposure with stunning views of the Rehoboth Bay all the way to the Indian River inlet bridge. Bulkheaded lot with a pier, dock and boat lift already installed. Central water and sewer. 1.33 acre lot with large buildable footprint of approximately 102' wide x 65' deep. Walk to Rehoboth Beach Country Club golf course, pool, tennis, magnificent clubhouse and other amenities. Short drive or bike to beaches, downtown Rehoboth, grocery store, shopping and restaurants. Excellent boating with direct access to Rehoboth Bay, Indian River inlet and Atlantic ocean.

Last Agent to Sell the Property

Joe Reed

Cape Realty Listed on: 11/04/2017

Last Buyer's Agent

Kim Hamer

Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,909

Year Built

  • 2019

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 132x394x139x461
  • 139 Feet of Waterfront
  • Home fronts navigable water
  • Cleared Lot
  • Property is zoned AR1, AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $29 Monthly HOA Fees

Additional Features

  • Bay Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-296.00

Community Details

Overview

  • Rehoboth Beach Yacht And Cc Subdivision

Recreation

  • Golf Club
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Pier
  • Water Access
  • River Nearby
  • Bulkhead
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Dock Against Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$3,909

Year Built

2019

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Last vacant waterfront lot on prestigious East Side Drive in Rehoboth Beach Yacht & County Club. Southeast exposure with stunning views of the Rehoboth Bay all the way to the Indian River inlet bridge. Bulkheaded lot with a pier, dock and boat lift already installed. Central water and sewer. 1.33 acre lot with large buildable footprint of approximately 102' wide x 65' deep. Walk to Rehoboth Beach Country Club golf course, pool, tennis, magnificent clubhouse and other amenities. Short drive or bike to beaches, downtown Rehoboth, grocery store, shopping and restaurants. Excellent boating with direct access to Rehoboth Bay, Indian River inlet and Atlantic ocean.
  • Special Features: None
  • Year Built (Public Record): 2019

Interior Features

  • Price Per Sq Ft: 17.17
  • Street Number Modifier: 139

Exterior Features

  • Construction Completed: No
  • View: Bay
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 139

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Fitness Center, Golf Club, Golf Course, Tennis Courts
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 1.33
  • Lot Size Area: 1
  • Lot Dimensions: 132x394x139x461
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57935.00
  • Zoning: AR1
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5200767
  • Assessor Parcel Number: 334-19.00-296.00
  • County Tax Payment Frequency: Annually
  • Close Date: 06/15/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Jun 14, 2018
Sold by
Robert W Derrickson Ret
Bought by
Paris Simon and Paris Celeste
Seller's Agent
Joe Reed
Cape Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$995,000
Sold Price
$905,000
Premium/Discount to List
-$90,000
-9.05%
Total Days on Market
150
Current Estimated Value
$2,040,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,333
Avg. Annual Appreciation
12.33%
Original Mortgage
$1,443,184
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2014
Sold by
Robert W Robert W
Bought by
Derrickson Robert W
Source: Public Records

Range of Values:

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Average Value
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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
Paris Simon $905,000 --
Derrickson Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Celeste $1,418,000
Closed Paris Simon $1,443,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $905,000 -9.0% --
04/03/2018 04/03/18 Pending -- -- --
11/04/2017 11/04/17 For Sale $995,000 -- --
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 $3,909 $15,350 $13,300 $2,050
2023 $3,905 $15,350 $13,300 $2,050
2022 $3,769 $15,350 $13,300 $2,050
2021 $3,734 $15,350 $13,300 $2,050
2020 $3,723 $15,350 $13,300 $2,050
2019 $722 $15,350 $13,300 $2,050
2018 $674 $15,350 $0 $0
2017 $646 $15,350 $0 $0
2016 $531 $13,300 $0 $0
2015 $508 $13,300 $0 $0
2014 $504 $13,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001575464

Bright MLS

APN: 334-19.00-296.00