NOT LISTED FOR SALE

15 Somerset Rd Rehoboth Beach, DE 19971

Estimated Value: $349,005 - $1,809,000

0.31 Acre
$3,314,519 Price per Acre
13,504 Sq Ft Lot

Last Sold May 30, 2014

Last sale price $220,000

Est. 367% increase in value since last sale

Current estimated payment $5,585/month

About This Lot

As of May 2014

Beautiful 1/4 acre lot in RBYCC with trees along back property line & just two lots from Torquay Canal! This lot is cleared and ready for your dream home. Available as a lot with no builder tie-in or timeframe to build or as a lot home package starting at $549K. Potential for water views!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 12/27/2013

Monument Sotheby's International Realty

Last Buyer's Agent

Tyson Mayers

(302) 542-3967 tysonmayers@gmail.com Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,646

Lot Details

  • 0.31 Acre Lot
  • Cleared Lot

Community Details

  • No Home Owners Association
  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-1035.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,646

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Remarks Public: Beautiful 1/4 acre lot in RBYCC with trees along back property line & just two lots from Torquay Canal! This lot is cleared and ready for your dream home. Available as a lot with no builder tie-in or timeframe to build or as a lot home package starting at $549K. Potential for water views!
  • Special Features: None

Interior Features

  • Street Number Modifier: 15

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 Sewer

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.31
  • Lot Size Units: Acres

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5199243
  • Assessor Parcel Number: 334-19.00-1035.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/30/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
May 30, 2014
Sold by
Eileen M Eileen M
Bought by
Strickler Marshall Brooke and Demauro Strickler Joan
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$1,027,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,501
Avg. Annual Appreciation
14.54%
Original Mortgage
$176,000
Outstanding Balance
$134,221
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$893,280
Source: Public Records

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
Strickler Marshall Brooke $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickler Marshall Brooke $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $220,000 0.0% --
03/13/2014 03/13/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $220,000 -- --
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
2025 $1,646 $45,450 $8,400 $37,050
2024 $1,740 $45,450 $8,400 $37,050
2023 $1,738 $45,450 $8,400 $37,050
2022 $1,660 $45,450 $8,400 $37,050
2021 $1,740 $45,450 $8,400 $37,050
2020 $1,734 $45,450 $8,400 $37,050
2019 $1,737 $45,450 $8,400 $37,050
2018 $1,596 $45,450 $0 $0
2017 $1,911 $45,450 $0 $0
2016 $1,816 $45,450 $0 $0
2015 $1,735 $45,450 $0 $0
2014 $318 $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2014

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    96 in this area

    278 Total Sales

    Kim Hamer
    Section Image
  • Tyson Mayers

    Buyer's Agent in 2014

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    38 in this area

    80 Total Sales

    Tyson Mayers
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001000626

Bright MLS

APN: 334-19.00-1035.00

Delaware Sussex County Rehoboth Beach 19971

15 Somerset Rd, Rehoboth Beach, DE

This home is located at 15 Somerset Rd, Rehoboth Beach, DE 19971 since 27 December 2013 and is currently estimated at $1,027,501. 15 Somerset Rd is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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