NOT LISTED FOR SALE

18481 Munchy Branch Rd Rehoboth Beach, DE 19971

Estimated Value: $448,942 - $502,000

0.16 Acres
$2,982,725 Price per Acre
7,000 Sq Ft Lot

Sale Details

Date Sold: May 11, 2018

Last sale price $122,000

Est. 291% increase in value since last sale

Current estimated payment $2,650 / mo

51 Days on Market

About This Lot

As of May 2018

Building Lot East of Route 1. Build your beach home on this cleared 50 x 140 lot close to State Park, Restaurants, Outlets, and Medical Centers.

Last Agent to Sell the Property

Mary Cerami

(302) 537-2616 marycerami@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mary Cerami

(302) 537-2616 marycerami@gotogallo.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 02/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Cleared Lot
  • Zoning described as GENERAL RESIDENTIAL

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-07.00-23.00

Property Details

Property Type

Land

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 18.43

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, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.16
  • Lot Size Area: 7000
  • Lot Dimensions: 50 x 140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5210939
  • Assessor Parcel Number: 334-07.00-23.00
  • County Tax Payment Frequency: Annually

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
Feb 21, 2018
Closed on
Apr 27, 2018
Sold by
Bought by
Seller's Agent
Mary Cerami
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mary Cerami
Berkshire Hathaway HomeServices PenFed Realty
List Price
$139,900
Sold Price
$122,000
Premium/Discount to List
-$17,900
-12.79%
Current Estimated Value
$477,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,236
Avg. Annual Appreciation
18.15%

Purchase Details

Listed on
Oct 19, 2013
Closed on
Dec 23, 2013
Sold by
Bought by
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$69,000
Sold Price
$69,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
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
$122,000 --
-- --
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
Closed $185,000
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 Prior Sale
05/11/2018 05/11/18 Sold $122,000 -5.4% --
04/13/2018 04/13/18 Pending -- -- --
04/07/2018 04/07/18 Price Changed $129,000 -4.4% --
03/26/2018 03/26/18 Price Changed $134,900 -3.6% --
02/21/2018 02/21/18 For Sale $139,900 +102.8% --
12/30/2013 12/30/13 Sold $69,000 0.0% -- View Prior Sale
10/25/2013 10/25/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $69,000 -- --
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 $869 $1,500 $1,500 $0
2024 $813 $1,500 $1,500 $0
2023 $813 $1,500 $1,500 $0
2022 $784 $1,500 $1,500 $0
2021 $777 $1,500 $1,500 $0
2020 $70 $1,500 $1,500 $0
2019 $71 $1,500 $1,500 $0
2018 $66 $1,500 $0 $0
2017 $63 $1,500 $0 $0
2016 $60 $1,500 $0 $0
2015 $101 $1,500 $0 $0
2014 $100 $2,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Cerami

    Seller's Agent in 2018

    Mary Cerami

    BHHS PenFed (actual)

    (302) 745-7004

    17 Total Sales

    Mary Cerami
    Section Image
  • DEBBIE REED

    Seller's Agent in 2013

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    743 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001585376

Bright MLS

APN: 334-07.00-23.00

Delaware Sussex County Rehoboth Beach 19971

18481 Munchy Branch Rd, Rehoboth Beach, DE

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