$234,500
SOLD NOV 13, 2020

2 Kingsbridge Rd Rehoboth Beach, DE 19971

0.56 Acre
$418,750 Price per Acre
24,394 Sq Ft Lot

Recently Sold

6% Below List Price

324 Days on Market

About This Lot

As of December 2021

Large corner lot in Rehoboth Beach Yacht & Country Club. This wooded lot is just over a half an acre and located at the Kingsbridge Road entrance, providing close proximity to shopping, restaurants and all of the amenities of Rehoboth Beach.

Last Agent to Sell the Property

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 10/14/2019

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Tyson Mayers

(302) 542-3967 tysonmayers@gmail.com Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $407

Lot Details

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

HOA Fees

  • $25 Monthly HOA Fees

Location

  • Flood Risk

Community Details

  • Rehoboth Beach Yacht And CC Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-790.00

Property Details

Property Type

Land

Est. Annual Taxes

$407

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Large corner lot in Rehoboth Beach Yacht & Country Club. This wooded lot is just over a half an acre and located at the Kingsbridge Road entrance, providing close proximity to shopping, restaurants and all of the amenities of Rehoboth Beach.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 10.21
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.56
  • Lot Dimensions: 155.00 x 158.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Year Assessed: 2019
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 368.00
  • Tax Annual Amount: 407.00
  • Assessor Parcel Number: 334-19.00-790.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/13/2020

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
$1,086,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,833
Avg. Annual Appreciation
31.17%
Original Mortgage
$292,125
Outstanding Balance
$268,678
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$817,655

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
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$817,655

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:

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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 $389,500 None Available
Deed $234,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,125 Stand Alone Refi Refinance Of Original Loan
Closed $292,125 New Conventional
Previous Owner $175,875 New Conventional
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
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

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Map

Source: Bright MLS

MLS Number: DESU148264

Bright MLS

APN: 334-19.00-790.00