NOT LISTED FOR SALE

2 Kingsbridge Rd Rehoboth Beach, DE 19971

Estimated Value: $948,000 - $1,559,000

0.56 Acre
$2,053,241 Price per Acre
24,394 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $389,500

Est. 217% increase in value since last sale

Current estimated payment $6,711/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 Agent to Sell the Property

Tyson Mayers

(302) 542-3967 tysonmayers@gmail.com Keller Williams Realty Listed on: 10/01/2021

Keller Williams Realty

Last Buyer's Agent

Kimberly Martin

(302) 381-5258 kim_martin@comcast.net Northrop Realty

Northrop Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $407

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

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 15.97

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 Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • 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
  • 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

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 17, 2021
Sold by
Great South Beach Improvement Company
Bought by
Del-Brock Builders Llc
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Kimberly Martin
Northrop Realty
List Price
$389,500
Sold Price
$389,500
Current Estimated Value
$1,236,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,788
Avg. Annual Appreciation
31.17%
Original Mortgage
$292,125
Outstanding Balance
$268,678
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$881,137

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,125
Outstanding Balance
$268,678
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$881,137

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
New Conventional
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

Date Buyer Sale Price Title Company
Del-Brock Builders Llc -- None Listed On Document
Del-Brock Builders Llc -- None Listed On Document
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 Del-Brock Builders Llc $292,125
Closed Del-Brock Builders Llc $292,125
Closed Frederick Danny L $292,125
Previous Owner Del Brock Builders Llc $175,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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
2025 $2,319 $8,650 $8,650 $0
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

    35 in this area

    73 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

    29 Total Sales

    Kimberly Martin
    Section Image
  • Bryce Lingo

    Seller's Agent in 2020

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    176 in this area

    325 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2020

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    171 in this area

    271 Total Sales

    Shaun Tull
    Section Image
See All Agents

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

Not Listed for Sale

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