NOT LISTED FOR SALE

Estimated Value: $424,291 - $3,166,000

0.39 Acre
$5,235,444 Price per Acre
16,988 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $935,000

Est. 118% increase in value since last sale

Current estimated payment $11,510/month

Highlights

  • Ocean View
  • Beach
  • Cul-De-Sac
  • Rehoboth Elementary School Rated A
  • 0.39 Acre Lot

About This Lot

As of October 2017

Build your dream home on the last available lot in this exclusive community of The Chancellery. Enjoy both the sunrise on the ocean and the sunset on the bay from your decks. Walk to the private beach. Adjacent to State Park for ultimate privacy. Minimal building restrictions. See Live Video for views of the ocean, bay and State Park proximity. Lot/Home package available if so desired. Call for details and pricing of the lot/home package.

Last Agent to Sell the Property

Lisa Barros

(302) 423-9721 lisa.barros@oasir.net Monument Sotheby's International Realty License #RS-0022497 Listed on: 10/28/2014

Monument Sotheby's International Realty

Last Buyer's Agent

Kim Hitchens

(302) 381-1071 kimhitchens@reinrb.com Dave McCarthy & Associates, Inc. License #RS-0014663

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,214

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 46x198x137x140
  • Cul-De-Sac
  • Irregular Lot
  • Cleared Lot

HOA Fees

  • $83 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Public Hookup Available For Water

Listing and Financial Details

  • Assessor Parcel Number 334-23.10-17.00

Community Details

Overview

  • Chancellery Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$7,214

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Apartments
  • Historic: No
  • New Construction: No
  • Remarks Public: Build your dream home on the last available lot in this exclusive community of The Chancellery. Enjoy both the sunrise on the ocean and the sunset on the bay from your decks. Walk to the private beach. Adjacent to State Park for ultimate privacy. Minimal building restrictions. See Live Video for views of the ocean, bay and State Park proximity. Lot/Home package available if so desired. Call for details and pricing of the lot/home package.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 58.57
  • Street Number Modifier: 16

Exterior Features

  • Construction Completed: No
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: Yes

Schools

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

Lot Info

  • Crops Included: No
  • Lot Features: Cleared, Cul-De-Sac, Irregular
  • Lot Size Acres: 0.39
  • Lot Dimensions: 46x198x137x140
  • Lot Size Units: Acres
  • Lot Sq Ft: 16988.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205651
  • Assessor Parcel Number: 334-23.10-17.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/31/2017

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Nov 2, 2017
Sold by
Carter Financial Holdings
Bought by
Conti Bianca M and Conti Paula
Seller's Agent
Lisa Barros
Monument Sotheby's International Realty
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%
Current Estimated Value
$2,041,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,106,823
Avg. Annual Appreciation
10.35%

Purchase Details

Listed on
Oct 28, 2014
Closed on
Oct 31, 2017
Sold by
Carter Financial Holdings
Bought by
Conti Bianca M and Conti Paula
Seller's Agent
Lisa Barros
Monument Sotheby's International Realty
Buyer's Agent
Kim Hitchens
Dave McCarthy & Associates, Inc.
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%

Purchase Details

Closed on
May 13, 2011
Bought by
Carter Financial Holdings Llc

Purchase Details

Closed on
May 12, 2011
Bought by
Carter Financial Holdings Llc
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
Conti Bianca M $935,000 --
Conti Bianca M $935,000 --
Carter Financial Holdings Llc $725,000 --
Carter Financial Holdings Llc $725,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $935,000 -6.0% --
10/18/2017 10/18/17 Pending -- -- --
10/28/2014 10/28/14 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
2025 $7,214 $13,750 $13,750 $0
2024 $4,180 $13,750 $13,750 $0
2023 $4,177 $13,750 $13,750 $0
2022 $4,042 $13,750 $13,750 $0
2021 $4,008 $13,750 $13,750 $0
2020 $3,996 $13,750 $13,750 $0
2019 $3,980 $13,750 $13,750 $0
2018 $604 $13,750 $0 $0
2017 $578 $13,750 $0 $0
2016 $559 $13,750 $0 $0
2015 $535 $13,750 $0 $0
2014 $531 $13,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001001788

Bright MLS

APN: 334-23.10-17.00