Seller's Agent in 2020
Bryce Lingo
Jack Lingo - Rehoboth
(302) 226-6417
2 in this area
276 Total Sales
2 Penn St Rehoboth Beach, DE 19971
Rehoboth Beach AreaEstimated Value: $4,103,000 - $7,009,998
0.51
Acre
$10,895,096
Price per Acre
22,130
Sq Ft Lot
Highlights
- Ocean Front
- Access to Tidal Water
- Corner Lot
- Rehoboth Elementary School Rated A
- 0.51 Acre Lot
- No HOA
About This Lot
As of October 2020Oceanfront at its very best! Half acre building lot fronting both the Atlantic Ocean and Silver Lake situated at the corner of Penn Street and East Lake Drive, the most desired location along the Delaware coast. Enjoy serene views while being just a short bike ride to the shops and restaurants that line Rehoboth Avenue. Rare opportunity.
Last Agent to Sell the Property
(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/31/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,420
Lot Details
- 22,130 Sq Ft Lot
- Lot Dimensions are 93x323x75x266
- Ocean Front
- Home fronts navigable water
- Corner Lot
- Property is zoned MR
Property Views
- Ocean
- Lake
Location
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 334-20.06-112.00
Community Details
Overview
- No Home Owners Association
Recreation
- Access to Tidal Water
- Private Water Access
- Property is near an ocean
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
Listed on
Jul 31, 2020
Closed on
Oct 20, 2020
Sold by
Bought by
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,143,501
Avg. Annual Appreciation
-3.19%
Purchase Details
Closed on
Feb 18, 2020
Sold by
Bought by
Purchase Details
Closed on
Dec 9, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,528,417
Interest Rate
0.0402%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 5, 2012
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $6,700,000 | None Available | ||
| $6,500,000 | None Available | ||
| $1,500,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $1,528,417 |
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 |
|---|---|---|---|---|
| 10/20/2020 10/20/20 | Sold | $6,700,000 | -4.2% | $859 / Sq Ft |
| 09/26/2020 09/26/20 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | For Sale | $6,995,000 | -- | $897 / Sq Ft |
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 | $24,503 | $219,200 | $123,750 | $95,450 |
| 2024 | $13,816 | $219,200 | $123,750 | $95,450 |
| 2023 | $2,539 | $219,200 | $123,750 | $95,450 |
| 2022 | $2,450 | $219,200 | $123,750 | $95,450 |
| 2021 | $2,428 | $219,200 | $123,750 | $95,450 |
| 2020 | $6,902 | $219,200 | $123,750 | $95,450 |
| 2019 | $10,306 | $219,200 | $123,750 | $95,450 |
| 2018 | $9,626 | $219,200 | $0 | $0 |
| 2017 | $9,218 | $219,200 | $0 | $0 |
| 2016 | $8,756 | $219,200 | $0 | $0 |
| 2015 | $8,367 | $219,200 | $0 | $0 |
| 2014 | $7,405 | $195,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Lingo
-
Shaun Tull
Seller Co-Listing Agent in 2020
Shaun Tull
Jack Lingo - Rehoboth
(302) 226-6417
4 in this area
271 Total Sales
-
Allen Jarmon
Buyer's Agent in 2020
Allen Jarmon
NextHome Tomorrow Realty
(302) 745-5122
1 in this area
60 Total Sales
Map
Source: Bright MLS
MLS Number: DESU165578
APN: 334-20.06-112.00
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