NOT LISTED FOR SALE

20937 Ann Ave Rehoboth Beach, DE 19971

Estimated Value: $846,824 - $1,015,000

0.11 Acre
$8,422,327 Price per Acre
5,000 Sq Ft Lot

Last Sold November 14, 2017

Last sale price $355,000

Est. 183% increase in value since last sale

Current estimated payment $5,427/month

384 Days on Market

About This Lot

As of November 2017

Excellent investment/commerical potential lot between Rehoboth and Dewey! Property to be subdivided. This lot is 50x100, and the lot next door with the house on it is 50x100 as well which is for sale for $430,000 MLS#707024. House must settle prior to or at same time as this lot.

Last Agent to Sell the Property

Kathleen Engel

(302) 542-3846 kathy_engel@comcast.net RE/MAX Associates Listed on: 09/13/2016

RE/MAX Associates

Last Buyer's Agent

Kathleen Engel

(302) 542-3846 kathy_engel@comcast.net RE/MAX Associates Listed on: 09/13/2016

RE/MAX Associates

Property Details

Property Type

  • Land

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Zoning described as COMMERCIAL/RESIDENTIAL

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Ann Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.13-28.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 80.00

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: No Sewer System, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Dimensions: 50x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning Description: COMMERCIAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203843
  • Assessor Parcel Number: 334-20.13-28.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 15, 2017
Sold by
Mitchell Charles W
Bought by
Silver Lake Property Hldg
Seller's Agent
Kathleen Engel
RE/MAX Associates
Buyer's Agent
Kathleen Engel
RE/MAX Associates
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
Current Estimated Value
$1,003,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,845
Avg. Annual Appreciation
12.59%

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 14, 2017
Sold by
Mitchell Charles W
Bought by
Silver Lake Property Hldg
Seller's Agent
Kathleen Engel
RE/MAX Associates
Buyer's Agent
Kathleen Engel
RE/MAX Associates
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%

Purchase Details

Listed on
Sep 13, 2016
Closed on
Oct 20, 2017
Sold by
Mitchell Charles W
Bought by
Conaty F Peter and Conaty Ellen C
Seller's Agent
Kathleen Engel
RE/MAX Associates
Buyer's Agent
Kathleen Engel
RE/MAX Associates
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
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
Silver Lake Property Hldg $355,000 --
Silver Lake Property Hldg $355,000 --
Conaty F Peter -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2017 11/14/17 Sold $355,000 -6.6% --
10/20/2017 10/20/17 Sold $380,000 -5.0% $345 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
08/26/2017 08/26/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $400,000 -55.6% --
02/15/2016 02/15/16 For Sale $900,000 -- $818 / Sq Ft
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 $1,765 $15,000 $10,000 $5,000
2024 $811 $15,000 $10,000 $5,000
2023 $811 $15,000 $10,000 $5,000
2022 $794 $15,000 $10,000 $5,000
2021 $789 $15,000 $10,000 $5,000
2020 $787 $15,000 $10,000 $5,000
2019 $766 $15,000 $10,000 $5,000
2018 $439 $10,000 $0 $0
2017 $631 $15,000 $0 $0
2016 $670 $15,000 $0 $0
2015 $644 $15,000 $0 $0
2014 $639 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001021738

Bright MLS

APN: 334-20.13-28.00