Seller's Agent in 2022
Kim Hamer
OCEAN ATLANTIC SOTHEBYS
(302) 745-9914
102 in this area
297 Total Sales
15 Sherborne Rd Rehoboth Beach, DE 19971
Estimated Value: $381,842 - $2,140,000
0.43
Acre
$3,119,677
Price per Acre
18,731
Sq Ft Lot
Highlights
- Water Oriented
- Rehoboth Elementary School Rated A
- Canal View
About This Lot
As of September 2022Welcome to RBYCC! This oversized lot is 18,735 square feet / .43 acres and is located on a corner with views of the water across the street! Build your dream home with Toback Builders or buy the lot with no builder tie-in or timeframe to build! Proposed home has a great open floor plan with great room with fireplace, kitchen with stainless appliances and quartz counters, study, powder room, and large master suite on first level. Lots of outdoor living space on the covered lannai. Second level has two more master bedroom suites, large loft and a covered balcony . Energy efficient home with Rennai tankless hot water and geothermal heating and air. Lots of upgraded finishes including luxury vinyl wide plank flooring, hardi plank siding, quartz counters, tile showers, and more! Start enjoying beach life!
Property Details
Property Type
- Land
Est. Annual Taxes
- $381
Year Built
- 2022
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 108.00 x 67.00
- Property is zoned MR
HOA Fees
- $29 Monthly HOA Fees
Additional Features
- Canal Views
- Flood Risk
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 334-19.00-945.00
Community Details
Overview
- Rehoboth Beach Yacht And Cc Subdivision
Recreation
- Water Oriented
- Property is near a canal
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2022
Closed on
Sep 28, 2022
Sold by
Toback Development Llc
Bought by
Poulis Michael and Poulis Mary
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$749,900
Sold Price
$650,000
Premium/Discount to List
-$99,900
-13.32%
Total Days on Market
51
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,461
Avg. Annual Appreciation
30.91%
Original Mortgage
$1,345,000
Outstanding Balance
$1,294,444
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$47,017
Purchase Details
Closed on
May 23, 2022
Sold by
Robert J Kennedy Iii Revocable Trust
Bought by
Toback Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.25%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 20, 2011
Bought by
Kennedy Robert J Iii (Trustee)
Purchase Details
Closed on
Apr 18, 2011
Bought by
Kennedy Robert J Iii (Trustee)
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Poulis Michael | $650,000 | -- | |
| Toback Development Llc | $475,000 | Morris James Llp | |
| Kennedy Robert J Iii (Trustee) | -- | -- | |
| Kennedy Robert J Iii (Trustee) | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Poulis Michael | $1,345,000 | |
| Previous Owner | Toback Development Llc | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Sold | $650,000 | -7.1% | $138 / Sq Ft |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | Price Changed | $699,900 | -6.7% | $149 / Sq Ft |
| 05/04/2022 05/04/22 | For Sale | $749,900 | -- | $159 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,827 | $8,100 | $8,100 | $0 |
| 2023 | $399 | $8,100 | $8,100 | $0 |
| 2022 | $385 | $8,100 | $8,100 | $0 |
| 2021 | $381 | $8,100 | $8,100 | $0 |
| 2020 | $380 | $8,100 | $8,100 | $0 |
| 2019 | $381 | $8,100 | $8,100 | $0 |
| 2018 | $356 | $8,100 | $0 | $0 |
| 2017 | $341 | $8,100 | $0 | $0 |
| 2016 | $324 | $8,100 | $0 | $0 |
| 2015 | $309 | $8,100 | $0 | $0 |
| 2014 | $307 | $8,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Hamer
Map
Source: Bright MLS
MLS Number: DESU2021088
APN: 334-19.00-945.00
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