NOT LISTED FOR SALE

21160 Bayview Rd Rehoboth Beach, DE 19971

Estimated Value: $634,820 - $834,000

0.11 Acre
$6,897,318 Price per Acre
5,000 Sq Ft Lot

Last Sold February 03, 2023

Last sale price $342,500

Est. 95% increase in value since last sale

Current estimated payment $3,607/month

118 Days on Market

Highlights

  • Canal View
  • Partially Wooded Lot
  • Partially Fenced Property
  • Rehoboth Elementary School Rated A
  • No HOA

About This Lot

As of February 2023

THE ONLY RESIDENTIAL BUILDING LOT OFFERED FOR SALE IN BAY VISTA! Yes that's right the only lot available in the sought after Bay Vista community! Beautiful 50 X 100 lot located on 6th Street just steps from the canal leading to Rehoboth Bay and within an easy walk to the neighborhood marina. A little further down Bayview Road you will enjoy a fabulous vista view of the entire Dewey Beach bay front sky line where neighbors gather to watch the annual July 4th fireworks celebration. The lot itself is bordered with a 7 foot cedar fence recently installed in 2021 and tall cedars as well as a living skip laurel wall of shrubs in the rear. The much desired location in the quiet community of Bay Vista is just a short drive, under 2 miles to Dewey Beach, Rehoboth Beach, incredible renown restaurants, great outlet shopping AND the boardwalk. You can even bike to downtown without going onto Route 1!
Come lose yourself in the serenity and nature of Bay Vista on the Rehoboth Bay with deer roaming the street and lot often, while not having to pay HOA fees! Don't miss the opportunity to buy this amazing lot and build your dream vacation or forever home BEFORE the 2023 beach season!!
Stop by, take a look around and give me a call!!

Last Agent to Sell the Property

John Weikel

Coldwell Banker Realty License #669833 Listed on: 09/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Randy Mason

Jack Lingo - Rehoboth License #RA-0003542

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $775

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Cleared Lot
  • Partially Wooded Lot
  • 2 Lots in the community
  • Property is zoned AR-1

Location

  • Flood Risk
  • Suburban Location

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Additional Features

  • Canal Views
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bay Vista Subdivision

Listing and Financial Details

  • Tax Lot 271-275
  • Assessor Parcel Number 334-19.16-76.01

Property Details

Property Type

Land

Est. Annual Taxes

$775

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: THE ONLY RESIDENTIAL BUILDING LOT OFFERED FOR SALE IN BAY VISTA! Yes that's right the only lot available in the sought after Bay Vista community! Beautiful 50 X 100 lot located on 6th Street just steps from the canal leading to Rehoboth Bay and within an easy walk to the neighborhood marina. A little further down Bayview Road you will enjoy a fabulous vista view of the entire Dewey Beach bay front sky line where neighbors gather to watch the annual July 4th fireworks celebration. The lot itself is bordered with a 7 foot cedar fence recently installed in 2021 and tall cedars as well as a living skip laurel wall of shrubs in the rear. The much desired location in the quiet community of Bay Vista is just a short drive, under 2 miles to Dewey Beach, Rehoboth Beach, incredible renown restaurants, great outlet shopping AND the boardwalk. You can even bike to downtown without going onto Route 1! Come lose yourself in the serenity and nature of Bay Vista on the Rehoboth Bay with deer roaming the street and lot often, while not having to pay HOA fees! Don't miss the opportunity to buy this amazing lot and build your dream vacation or forever home BEFORE the 2023 beach season!! Stop by, take a look around and give me a call!!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 77.00
  • Street Number Modifier: 21160

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top, Paved
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood, Privacy, Partially
  • Land Use Code: RS
  • Lot Count: 2
  • Lot Features: Cleared, Partly Wooded, Road Frontage
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Possible Use: Residential
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201929
  • School Tax: 701.00
  • Tax Annual Amount: 775.00
  • Assessor Parcel Number: 334-19.16-76.01
  • Tax Lot: 271-275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/03/2023

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
Nov 27, 2019
Closed on
Feb 26, 2020
Sold by
Butterly Thomas J Est
Bought by
Weikel John and Weikel Lisa
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
TERRENCE MURRAY
Coldwell Banker Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$668,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,458
Avg. Annual Appreciation
11.79%
Original Mortgage
$340,000
Outstanding Balance
$303,053
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$478,781
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 Buyer Sale Price Title Company
Weikel John $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weikel John $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $342,500 -11.0% --
12/28/2022 12/28/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $385,000 -7.2% --
09/01/2022 09/01/22 For Sale $415,000 -2.4% --
02/26/2020 02/26/20 Sold $425,000 -5.3% --
01/30/2020 01/30/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $449,000 -- --
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 $712 $16,450 $6,250 $10,200
2023 $687 $16,450 $6,250 $10,200
2022 $782 $16,450 $6,250 $10,200
2021 $775 $16,450 $6,250 $10,200
2020 $772 $16,450 $6,250 $10,200
2019 $445 $16,450 $6,250 $10,200
2018 $420 $16,450 $0 $0
2017 $405 $16,450 $0 $0
2016 $393 $16,450 $0 $0
2015 $378 $16,450 $0 $0
2014 $371 $16,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2025762

Bright MLS

APN: 334-19.16-76.00