$509,000
SOLD SEP 14, 2015

19 Marshall Rd Rehoboth Beach, DE 19971

0.34 Acre
$1,497,059 Price per Acre
14,810 Sq Ft Lot

Recently Sold

14% Below List Price

24 Days on Market

Highlights

  • Bay View
  • Waterfront
  • No HOA
  • Rehoboth Elementary School Rated A

About This Lot

As of November 2020

ENJOY THE REHOBOTH BAY FROM YOUR BACKYARD! Imagine the view all year round from your patio and/or balcony! This is a prime location for those who love the water and big water views! Spend summers entertaining family and friends in a beautiful setting!Current existing home located on property is possible renovator's dream - or could be razed to build new! Plans, specs, and pricing for two (2) home models from an acclaimed local builder - inclusive of demolition of existing home and price of lot - are available. Total cost under $1M!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 06/22/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Troy Roberts

Mann & Sons, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,235

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 92x158x89x159
  • Waterfront
  • Zoning described as MEDIUM RESIDENTIAL

Additional Features

  • Bay Views
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-22.00-30.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$1,235

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • New Construction: No
  • Remarks Public: ENJOY THE REHOBOTH BAY FROM YOUR BACKYARD! Imagine the view all year round from your patio and/or balcony! This is a prime location for those who love the water and big water views! Spend summers entertaining family and friends in a beautiful setting!Current existing home located on property is possible renovator's dream - or could be razed to build new! Plans, specs, and pricing for two (2) home models from an acclaimed local builder - inclusive of demolition of existing home and price of lot - are available. Total cost under $1M!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 39.83
  • Street Number Modifier: 19

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Dimensions: 92x158x89x159
  • Lot Size Units: Acres
  • Lot Sq Ft: 14810.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205280
  • Assessor Parcel Number: 334-22.00-30.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/14/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Hosny Maged and Ghobrial Lilian
Bought by
Maged I Hosny And Lilian T M Ghobrial Revocab and Hosny
Current Estimated Value
$1,412,236

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 25, 2020
Sold by
Fuller Hugh V
Bought by
Ghobrial Lilian and Hosny Maged
Seller's Agent
Hugh Fuller
EXP Realty, LLC
Buyer's Agent
Hugh Fuller
EXP Realty, LLC
List Price
$2,625,000
Sold Price
$1,950,000
Premium/Discount to List
-$675,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.30%
Original Mortgage
$1,462,500
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 28, 2015
Sold by
Lamb Faron C and Lamb Lucy
Bought by
Fuller Hugh V
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Troy Roberts
Mann & Sons, Inc.
List Price
$589,900
Sold Price
$509,000
Premium/Discount to List
-$80,900
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.47%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $1,950,000 None Available
Deed $509,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,462,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,053,000 VA
Previous Owner $487,425 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $1,950,000 -10.3% --
10/05/2020 10/05/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $2,175,000 -4.4% --
09/02/2020 09/02/20 Price Changed $2,275,000 -13.3% --
08/24/2020 08/24/20 For Sale $2,625,000 +34.6% --
08/20/2020 08/20/20 Off Market $1,950,000 -- --
08/20/2020 08/20/20 For Sale $2,625,000 +415.7% --
09/14/2015 09/14/15 Sold $509,000 -13.7% --
07/16/2015 07/16/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $589,900 -- --
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
2024 $1,235 $23,000 $8,250 $14,750
2023 $1,234 $23,000 $8,250 $14,750
2022 $1,191 $23,000 $8,250 $14,750
2021 $1,180 $23,000 $8,250 $14,750
2020 $1,176 $23,000 $8,250 $14,750
2019 $1,178 $23,000 $8,250 $14,750
2018 $1,100 $25,050 $0 $0
2017 $967 $23,000 $0 $0
2016 $919 $23,000 $0 $0
2015 $878 $23,000 $0 $0
2014 $871 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001007544

Bright MLS

APN: 334-22.00-30.00