NOT LISTED FOR SALE

Estimated Value: $512,000 - $565,000

0.18 Acres
$2,946,294 Price per Acre
7,841 Sq Ft Lot

Sale Details

Date Sold: October 27, 2021

Last sale price $190,000

Est. 179% increase in value since last sale

Current estimated payment $3,036 / mo

4 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Bay View
  • No HOA

About This Lot

As of October 2021

Imagine waking up to this view every morning! Wonderful views from this level waterfront lot overlooking the Murderkill River. Views of the Delaware Bay can also be enjoyed from this great property. The amazing sunrises over the bay and the beautiful views of the moon reflecting on the water at night can be a daily experience! Walk to the two community restaurants and enjoy the beach life. Enjoy nature at its finest! This is a recently subdivided lot with 43.61 ft frontage.

Last Agent to Sell the Property

KAREN FLOWERS

(302) 227-3883 karen@jacklingo.com Jack Lingo - Rehoboth License #RS-0020733 Listed on: 08/11/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

BRETT REILLY

(302) 537-1300 jgiles@psre.com Patterson-Schwartz-OceanView License #RS-0020963

Patterson-Schwartz-OceanView

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $268

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 43.61x185.15x43.75x179.89
  • 43 Feet of Waterfront
  • Cleared Lot
  • This is a recent subdivision; now two lots.
  • Impact Fee Building Permits
  • Property is zoned TOWN CODES, Town codes

Property Views

  • Bay
  • River

Location

  • Flood Risk

Utilities

  • Shared Well
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number SM-01-11517-02-78.01-000

Community Details

Overview

  • No Home Owners Association
  • Bowers Beach Subdivision

Recreation

  • Water Access
  • River Nearby
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$268

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 24.23

Exterior Features

  • Construction Completed: No
  • View: River, Bay
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 43

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: This is a recent subdivision; now two lots.
  • Lot Features: Cleared, Rip-Rapped
  • Lot Size Acres: 0.18
  • Lot Dimensions: 43.61x185.15x43.75x179.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7840.80
  • Zoning: TOWN CODES
  • Zoning Description: Town codes
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 268.00
  • Assessor Parcel Number: SM-01-11517-02-78.01-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: LAKE FOREST

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

Closed on
May 20, 2022
Sold by
Bought by
Current Estimated Value
$530,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 7, 2021
Sold by
Bought by
Seller's Agent
KAREN FLOWERS
Jack Lingo - Rehoboth
Buyer's Agent
BRETT REILLY
Patterson-Schwartz-OceanView
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.12%
Original Mortgage
$133,000
Interest Rate
0.0258%
Mortgage Type
New Conventional
Source: Public Records
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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
-- None Listed On Document
$190,000 None Available
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
Open $505,000
Previous Owner $133,000
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
02/22/2022 02/22/22 For Sale $180,000 -5.3% --
10/27/2021 10/27/21 Sold $190,000 0.0% --
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $190,000 +5.6% --
08/11/2021 08/11/21 For Sale $180,000 +2.9% --
05/28/2021 05/28/21 Sold $175,000 -- -- View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
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 $1,754 $487,000 $176,600 $310,400
2024 $1,747 $487,000 $176,600 $310,400
2023 $920 $39,100 $6,800 $32,300
2022 $143 $6,800 $6,800 $0
2021 $135 $6,800 $6,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT249344

Bright MLS

APN: 9-00-07402-03-6300-000

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