NOT LISTED FOR SALE

16 Sherborne Rd Rehoboth Beach, DE 19971

Estimated Value: $653,514 - $3,301,000

0.39 Acre
$5,673,408 Price per Acre
16,988 Sq Ft Lot

Last Sold November 27, 2018

Last sale price $865,000

Est. 156% increase in value since last sale

Current estimated payment $12,052/month

About This Lot

As of November 2018

Wonderful waterfront lot with incredible views. 50k of infrastructure already in place, including bulkhead, dock, boat lift and jet ski lift.

Last Agent to Sell the Property

Ryan Gehris

(866) 807-9087 info@usrealty.com USRealty.com, LLP Listed on: 08/20/2018

Last Buyer's Agent

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968

Monument Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $534

Lot Details

  • 0.39 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $15 Monthly HOA Fees

Schools

  • Beacon Elementary And Middle School
  • Cape Henlopen High School

Listing and Financial Details

  • Tax Lot 929.00
  • Assessor Parcel Number 334-19.00-929.00

Community Details

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$534

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Expected On Market: 2018-08-22
  • Federal Flood Zone: No
  • Remarks Public: Wonderful waterfront lot with incredible views. 50k of infrastructure already in place, including bulkhead, dock, boat lift and jet ski lift.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 52.33
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: BEACON
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: BEACON
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16797.00
  • Possible Use: Residential
  • Zoning: L
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201334
  • School Tax: 478.00
  • Tax Annual Amount: 534.00
  • Assessor Parcel Number: 334-19.00-929.00
  • Tax Lot: 929.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/27/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Nov 20, 2018
Sold by
Beebe Patrick and Beebe Tammy
Bought by
Thomas Owen C and Mango-Thomas Romina M
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$879,000
Sold Price
$865,000
Premium/Discount to List
-$14,000
-1.59%
Current Estimated Value
$2,212,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,629
Avg. Annual Appreciation
14.72%
Original Mortgage
$692,000
Outstanding Balance
$608,475
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,604,154

Purchase Details

Listed on
Jun 25, 2012
Closed on
Sep 19, 2012
Sold by
Cassner Chad and Cassner Noreen
Bought by
Beebe Patrick and Beebe Tammy
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Jennifer Barrows
Monument Sotheby's International Realty
List Price
$505,000
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
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
Thomas Owen C $865,000 --
Beebe Patrick $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Owen C $692,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $865,000 -1.6% --
09/30/2018 09/30/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $879,000 +74.1% --
09/21/2012 09/21/12 Sold $505,000 0.0% $163 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $505,000 -- $163 / Sq Ft
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 $3,687 $12,700 $9,750 $2,950
2024 $3,150 $12,700 $9,750 $2,950
2023 $3,147 $12,700 $9,750 $2,950
2022 $3,037 $12,700 $9,750 $2,950
2021 $3,009 $12,700 $9,750 $2,950
2020 $596 $12,700 $9,750 $2,950
2019 $597 $12,700 $9,750 $2,950
2018 $558 $12,700 $0 $0
2017 $534 $12,700 $0 $0
2016 $507 $12,700 $0 $0
2015 $485 $12,700 $0 $0
2014 $481 $12,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2018

    Ryan Gehris

    USRealty.com, LLP

    (866) 807-9087

    2,126 Total Sales

    Ryan Gehris
    Section Image
  • Kim Hamer

    Buyer's Agent in 2018

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    96 in this area

    280 Total Sales

    Kim Hamer
    Section Image
  • Andy Staton

    Seller's Agent in 2012

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    70 in this area

    230 Total Sales

    Andy Staton
    Section Image

  • R

    Seller Co-Listing Agent in 2012

    Rick Allamong

    BHHS PenFed (actual)

    Section Image
  • Jennifer Barrows

    Buyer's Agent in 2012

    Jennifer Barrows

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-9505

    102 in this area

    238 Total Sales

    Jennifer Barrows
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002266164

Bright MLS

APN: 334-19.00-929.00

Delaware Sussex County Rehoboth Beach 19971

16 Sherborne Rd, Rehoboth Beach, DE

This home is located at 16 Sherborne Rd, Rehoboth Beach, DE 19971 since 20 August 2018 and is currently estimated at $2,212,629. 16 Sherborne 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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