NOT LISTED FOR SALE

20524 Washington St Rehoboth Beach, DE 19971

Estimated Value: $323,000 - $561,000

0.19 Acre
$2,316,789 Price per Acre
8,480 Sq Ft Lot

Last Sold August 03, 2018

Last sale price $275,000

Est. 60% increase in value since last sale

Current estimated payment $2,408/month

Highlights

  • No HOA
  • Rehoboth Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of August 2018

COMPROMISE NO MORE; BUILD TO YOUR SPECIFICATIONS; NO BUILDER TIE-IN. Walk or bike to the beach and other downtown Rehoboth venues & attractions without crossing Route One from 20524 Washington Street. Oversized 53 x 160 "ready to build" lot with water & sewer connections in place. Save thousands on water & sewer hookups. Outside of City of Rehoboth Beach purview ? only County Code applies. No restrictions, no fees. They're not making any more land. 8/10 mile to the sand (as a crow flies).

Last Agent to Sell the Property

Skip Faust

(302) 745-8764 skip@skipfaust.com Coldwell Banker Premier - Rehoboth License #RA-0002618 Listed on: 05/11/2018

Coldwell Banker Premier - Rehoboth

Last Buyer's Agent

Timothy Mahoney III

(610) 608-7979 tim@mahoneyrealty.com Mahoney Realty Group Inc License #BA-002172-L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $886

Lot Details

  • 8,480 Sq Ft Lot
  • Lot Dimensions are 53 x 160
  • Cul-De-Sac
  • Property is zoned GR, GENERAL RESIDENTIAL

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Rehoboth Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.12-12.00

Property Details

Property Type

Land

Est. Annual Taxes

$886

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: COMPROMISE NO MORE; BUILD TO YOUR SPECIFICATIONS; NO BUILDER TIE-IN. Walk or bike to the beach and other downtown Rehoboth venues & attractions without crossing Route One from 20524 Washington Street. Oversized 53 x 160 "ready to build" lot with water & sewer connections in place. Save thousands on water & sewer hookups. Outside of City of Rehoboth Beach purview ? only County Code applies. No restrictions, no fees. They're not making any more land. 8/10 mile to the sand (as a crow flies).
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 35.32
  • Street Number Modifier: 20524

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, Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.19
  • Lot Size Area: 8480
  • Lot Dimensions: 53 x 160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8480.00
  • Zoning: GR
  • Zoning Description: GENERAL RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201679
  • Assessor Parcel Number: 334-19.12-12.00
  • County Tax Payment Frequency: Annually
  • Close Date: 08/03/2018

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Stude Edward R and Stude Cynthia J
Bought by
Stude Family Revocable Trust and Stude
Current Estimated Value
$440,190

Purchase Details

Listed on
May 11, 2018
Closed on
Aug 2, 2018
Sold by
Washington Street Pmr Inc
Bought by
Stude Edward R and Stude Cynthia J
Seller's Agent
Skip Faust
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Timothy Mahoney III
Mahoney Realty Group Inc
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Robert L Robert L and Medd Patricia H
Bought by
Washington Street Pmr Llc
Source: Public Records

Range of Values:

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Average Value
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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
Stude Family Revocable Trust -- None Listed On Document
Stude Edward R $275,000 --
Washington Street Pmr Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $275,000 -8.2% --
06/29/2018 06/29/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $299,500 -- --
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 $886 $10,950 $2,050 $8,900
2024 $420 $10,950 $2,050 $8,900
2023 $420 $10,950 $2,050 $8,900
2022 $416 $10,950 $2,050 $8,900
2021 $415 $10,950 $2,050 $8,900
2020 $414 $10,950 $2,050 $8,900
2019 $811 $10,950 $2,050 $8,900
2018 $481 $10,950 $0 $0
2017 $460 $10,950 $0 $0
2016 $475 $10,950 $0 $0
2015 $456 $10,950 $0 $0
2014 $453 $10,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Skip Faust

    Seller's Agent in 2018

    Skip Faust

    Coldwell Banker Premier - Rehoboth

    (302) 745-8764

    29 in this area

    158 Total Sales

    Skip Faust
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Map

Source: Bright MLS

MLS Number: 1001573524

Bright MLS

APN: 334-19.12-12.00

Delaware Sussex County Rehoboth Beach 19971

20524 Washington St, Rehoboth Beach, DE

This home is located at 20524 Washington St, Rehoboth Beach, DE 19971 since 11 May 2018 and is currently estimated at $440,190. 20524 Washington St 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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