NOT LISTED FOR SALE

21 Marshall Rd Rehoboth Beach, DE 19971

Estimated Value: $1,118,000 - $2,855,000

0.34 Acre
$5,842,647 Price per Acre
14,810 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $660,625

Est. 201% increase in value since last sale

Current estimated payment $11,343/month

802 Days on Market

Highlights

  • 1 Dock Slip
  • Home fronts navigable water
  • Bay View
  • Rehoboth Elementary School Rated A
  • Public Water Access
  • No HOA

About This Lot

As of December 2019

DIRECT BAYFRONT LOT...Don't miss this opportunity to build your dream home on this 1/3 acre bayfront lot with Southern exposure over the Rehoboth Bay. Provides paradise for boaters, nature lovers, star gazers, and overall relaxing. Watch the sunrise and the sunset every day!!! Permit/Lease on file for Seller to construct pier, dock, and pilings for a boat lift.

Last Agent to Sell the Property

Tyson Mayers

Keller Williams Realty Listed on: 09/14/2017

Keller Williams Realty

Last Buyer's Agent

Jim Wirick

Century 21 Gold Key-Dover License #RA-0020826

Century 21 Gold Key-Dover

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,819

Year Built

  • 2020

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x149
  • Home fronts navigable water
  • Cleared Lot
  • Property is zoned GR, GENERAL RESIDENTIAL

Additional Features

  • Bay Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-22.00-29.00

Community Details

Overview

  • No Home Owners Association
  • Old Landing Subdivision

Recreation

  • Public Water Access
  • Property near a bay
  • Rip-Rap
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,819

Year Built

2020

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: DIRECT BAYFRONT LOT...Don't miss this opportunity to build your dream home on this 1/3 acre bayfront lot with Southern exposure over the Rehoboth Bay. Provides paradise for boaters, nature lovers, star gazers, and overall relaxing. Watch the sunrise and the sunset every day!!! Permit/Lease on file for Seller to construct pier, dock, and pilings for a boat lift.
  • Special Features: None
  • Year Built (Public Record): 2020

Interior Features

  • Price Per Sq Ft: 50.57
  • Street Number Modifier: 21

Exterior Features

  • Construction Completed: No
  • View: Bay
  • Water Access Features: Public Access
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System, Public Hook/Up Avail

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
  • Lot Features: Cleared, Rip-Rapped
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100x149
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Zoning: GR
  • Zoning Description: GENERAL RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5205278
  • Assessor Parcel Number: 334-22.00-29.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 12/23/2019

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 23, 2019
Sold by
Lockland Properties Llc
Bought by
Iqbal Muhammad and Noor Shazia
Seller's Agent
Tyson Mayers
Keller Williams Realty
Buyer's Agent
Jim Wirick
Century 21 Gold Key-Dover
List Price
$749,900
Sold Price
$660,625
Premium/Discount to List
-$89,275
-11.9%
Total Days on Market
802
Current Estimated Value
$1,986,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,325,875
Avg. Annual Appreciation
22.34%
Source: Public Records

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Range of Values:

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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
Iqbal Muhammad $660,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Muhammad $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $660,625 -11.9% --
11/25/2019 11/25/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $749,900 +13.5% --
01/01/2019 01/01/19 Off Market $660,625 -- --
03/17/2018 03/17/18 For Sale $749,900 0.0% --
03/06/2018 03/06/18 Pending -- -- --
09/14/2017 09/14/17 For Sale $749,900 -- --
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 $2,819 $9,300 $8,250 $1,050
2023 $2,817 $9,300 $8,250 $1,050
2022 $2,719 $9,300 $8,250 $1,050
2021 $2,480 $9,300 $8,250 $1,050
2020 $437 $9,300 $8,250 $1,050
2019 $437 $9,300 $8,250 $1,050
2018 $408 $9,300 $0 $0
2017 $391 $9,300 $0 $0
2016 $371 $9,300 $0 $0
2015 $355 $9,300 $0 $0
2014 $352 $9,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyson Mayers

    Seller's Agent in 2019

    Tyson Mayers

    Keller Williams Realty

    (302) 542-3967

    41 in this area

    86 Total Sales

    Tyson Mayers
    Section Image
  • Jim Wirick

    Buyer's Agent in 2019

    Jim Wirick

    Century 21 Gold Key-Dover

    (302) 242-1408

    1 in this area

    172 Total Sales

    Jim Wirick
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001568366

Bright MLS

APN: 334-22.00-29.00

Delaware Sussex County Rehoboth Beach 19971

21 Marshall Rd, Rehoboth Beach, DE

This home is located at 21 Marshall Rd, Rehoboth Beach, DE 19971 since 14 September 2017 and is currently estimated at $1,986,500. This property was built in 2020. 21 Marshall Rd 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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