NOT LISTED FOR SALE

2 Kingsbridge Rd Rehoboth Beach, DE 19971

Estimated Value: $1,145,000 - $1,247,000

0.56 Acre
$2,164,880 Price per Acre
24,394 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $389,500

Est. 211% increase in value since last sale

Current estimated payment $6,915/month

4 Days on Market

Highlights

  • 0.56 Acre Lot
  • Partially Wooded Lot
  • Corner Lot
  • Rehoboth Elementary School Rated A

About This Lot

As of December 2021

Rare building lot in Rehoboth Beach Yacht and Country Club. Large corner lot with some mature specimen trees remaining. All of the underbrush and non specimen trees have been removed. Great location and close proximity to Downtown Rehoboth Beach.

Last Listed By

Tyson Mayers

Keller Williams Realty Listed on: 10/01/2021

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $407

Year Built

  • 2023

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 155.00 x 158.00
  • Corner Lot
  • Partially Wooded Lot
  • Property is zoned MR

HOA Fees

  • $15 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • $250 Capital Contribution Fee
  • Rehoboth Beach Poa

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 334-19.00-790.00

Property Details

Property Type

Land

Est. Annual Taxes

$407

Year Built

2023

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
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Rare building lot in Rehoboth Beach Yacht and Country Club. Large corner lot with some mature specimen trees remaining. All of the underbrush and non specimen trees have been removed. Great location and close proximity to Downtown Rehoboth Beach.
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Price Per Sq Ft: 15.97
  • Street Number Modifier: 2

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

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • HOA Name: REHOBOTH BEACH POA
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 250.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Corner, Partly Wooded
  • Lot Size Acres: 0.56
  • Lot Dimensions: 155.00 x 158.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201181
  • School Tax: 369.00
  • Tax Annual Amount: 407.00
  • Assessor Parcel Number: 334-19.00-790.00
  • Tax Lot: A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/17/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 14, 2021
Sold by
Del Brock Builders Llc
Bought by
Frederick Danny L and Frederick Sundae R
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Kimberly Martin
Northrop Realty
List Price
$389,500
Sold Price
$389,500
Total Days on Market
4
Current Estimated Value
$1,212,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,833
Avg. Annual Appreciation
38.15%
Original Mortgage
$292,125
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 13, 2020
Sold by
Great S Bch Imprvmnt Co
Bought by
Del Brock Builders Llc
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Tyson Mayers
Keller Williams Realty
List Price
$249,000
Sold Price
$234,500
Premium/Discount to List
-$14,500
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.28%
Original Mortgage
$175,875
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Frederick Danny L $389,500 None Available
Del Brock Builders Llc $234,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Danny J $800,000
Closed Del Brock Builders Llc $292,125
Previous Owner Del Brock Builders Llc $175,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $389,500 0.0% --
10/05/2021 10/05/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $389,500 +66.1% --
11/13/2020 11/13/20 Sold $234,500 -5.8% --
09/02/2020 09/02/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $249,000 -- --
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
2024 $2,151 $8,650 $8,650 $0
2023 $426 $8,650 $8,650 $0
2022 $411 $8,650 $8,650 $0
2021 $407 $8,650 $8,650 $0
2020 $406 $8,650 $8,650 $0
2019 $407 $8,650 $8,650 $0
2018 $380 $8,650 $0 $0
2017 $364 $8,650 $0 $0
2016 $346 $8,650 $0 $0
2015 $330 $8,650 $0 $0
2014 $328 $8,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyson Mayers

    Seller's Agent in 2021

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    42 in this area

    86 Total Sales

    Tyson Mayers
    Section Image
  • Kimberly Martin

    Buyer's Agent in 2021

    Kimberly Martin

    Creig Northrop Team of Long & Foster

    (302) 381-5258

    9 in this area

    30 Total Sales

    Kimberly Martin
    Section Image
  • Bryce Lingo

    Seller's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    203 in this area

    393 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2020

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    182 in this area

    296 Total Sales

    Shaun Tull
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2007630

Bright MLS

APN: 334-19.00-790.00

Delaware Sussex County Rehoboth Beach 19971

2 Kingsbridge Rd, Rehoboth Beach, DE

Homes for Sale in Rehoboth Beach, DE

This home is located at 2 Kingsbridge Rd, Rehoboth Beach, DE 19971 since 01 October 2021 and is currently estimated at $1,212,333. This property was built in 2023. 2 Kingsbridge 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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