NOT LISTED FOR SALE

Estimated Value: $1,560,000 - $1,901,000

0.43 Acre
$3,982,853 Price per Acre
18,735 Sq Ft Lot

Sale Details

Date Sold: September 28, 2022

Last sale price $650,000 $138 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $9,640 / mo

51 Days on Market

Highlights

  • Water Oriented
  • Rehoboth Elementary School Rated A
  • Canal View

About This Lot

As of September 2022

Welcome 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!

Last Agent to Sell the Property

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 05/04/2022

Monument Sotheby's International Realty

Last Buyer's Agent

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 05/04/2022

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $381

Lot Details

  • 18,735 Sq Ft 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

Property Details

Property Type

Land

Est. Annual Taxes

$381

Lot Details

0.43 Acres

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 Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 37.36

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.43
  • Lot Dimensions: 108.00 x 67.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18735.00
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201352
  • School Tax: 345.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 381.00
  • Assessor Parcel Number: 334-19.00-945.00
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

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

Listed on
May 4, 2022
Closed on
Sep 28, 2022
Sold by
Bought by
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%
Views
22
Current Estimated Value
$1,712,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,062,627
Avg. Annual Appreciation
28.70%
Original Mortgage
$1,345,000
Interest Rate
0.0475%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2022
Sold by
Bought by

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
0.05%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 2011
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$650,000 --
$475,000 Morris James Llp
-- --
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 $1,345,000
Previous Owner $1,200,000
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
09/28/2022 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

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 $2,486 $8,100 $8,100 $0
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

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Map

Source: Bright MLS

MLS Number: DESU2021088

Bright MLS

APN: 334-19.00-945.00

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