$899,000
SOLD NOV 14, 2017

207 New Castle St Rehoboth Beach, DE 19971

0.11 Acre
$8,172,727 Price per Acre
4,792 Sq Ft Lot

Recently Sold

10% Below List Price

47 Days on Market

Highlights

  • Beach
  • Wooded Lot
  • 2-minute walk to Stockley Street Park
  • Rehoboth Elementary School Rated A
  • No HOA

About This Lot

As of June 2018

RARELY AVAILABLE SOUTH REHOBOTH OPPORTUNITY! Only 3 blocks from the beach, boardwalk, and within easy walking distance to everything downtown Rehoboth Beach has to offer, this residential building lot is ready to make the home of your dreams a reality! Customize from the ground up from this partially wooded 50X100 lot - a fantastic canvas for your vision! Buy now, build in the off-season, & have it to enjoy just in time for summer 2018!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 08/15/2017

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 08/15/2017

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $650

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Wooded Lot
  • Impact Fee Building Permits
  • Zoning described as TOWN CODES

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-20.05-179.01

Community Details

Overview

  • No Home Owners Association
  • South Rehoboth Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$650

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: RARELY AVAILABLE SOUTH REHOBOTH OPPORTUNITY! Only 3 blocks from the beach, boardwalk, and within easy walking distance to everything downtown Rehoboth Beach has to offer, this residential building lot is ready to make the home of your dreams a reality! Customize from the ground up from this partially wooded 50X100 lot - a fantastic canvas for your vision! Buy now, build in the off-season, & have it to enjoy just in time for summer 2018!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 208.66
  • Street Number Modifier: 207

Exterior Features

  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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: No Sewer System, Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Acres
  • Lot Sq Ft: 4792.00
  • Zoning Description: TOWN CODES
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5805398
  • Tax Annual Amount: 650.00
  • Assessor Parcel Number: 334-20.05-179.01
  • County Tax Payment Frequency: Annually
  • Close Date: 11/14/2017

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Sarsfield James B and Sarsfield Eileen F
Bought by
Sarsfield Family Trust and Sarsfield
Current Estimated Value
$3,005,633

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jun 28, 2018
Sold by
Evergreene Companies Llc
Bought by
Sarsfield James B and Sarsfield Eileen F
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$1,700,115
Sold Price
$1,700,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$782,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 17, 2017
Sold by
Clausen Richard T and Clausen Denise L
Bought by
Evergreene Companies
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$999,900
Sold Price
$899,000
Premium/Discount to List
-$100,900
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.46%

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 14, 2017
Sold by
Clausen Richard T and Clausen Denise L
Bought by
Evergreene Companies
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$999,900
Sold Price
$899,000
Premium/Discount to List
-$100,900
-10.09%
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 $1,700,115 --
Deed $899,000 --
Deed $899,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $772,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $782,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $1,700,115 +89.1% --
11/14/2017 11/14/17 Sold $899,000 -47.1% --
11/03/2017 11/03/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $1,700,115 +70.0% --
10/01/2017 10/01/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $999,900 -- --
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 $1,962 $8,750 $8,750 $0
2023 $1,960 $8,750 $8,750 $0
2022 $1,892 $8,750 $8,750 $0
2021 $1,874 $8,750 $8,750 $0
2020 $1,869 $8,750 $8,750 $0
2019 $1,871 $8,750 $8,750 $0
2018 $1,748 $39,800 $0 $0
2017 $368 $8,750 $0 $0
2016 $350 $8,750 $0 $0
2015 $334 $8,750 $0 $0
2014 $332 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001032410

Bright MLS

APN: 334-20.05-179.01