NOT LISTED FOR SALE

22 Mckean St Rehoboth Beach, DE 19971

Estimated Value: $354,559 - $3,507,000

0.22 Acre
$9,887,000 Price per Acre
9,583 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $1,075,000

Est. 102% increase in value since last sale

Current estimated payment $12,468/month

309 Days on Market

Highlights

  • Home fronts navigable water
  • Private Water Access
  • Bay View
  • Rehoboth Elementary School Rated A
  • Building is oceanfront but unit may not have water views
  • 3-minute walk to Delaware Seashore State Park

About This Lot

As of March 2021

Looking to build your dream beach home with a private beach & road??? One of the only lots left in Indian Beach. Enjoy the peaceful beach and private road. Just steps to the beach with world class sunsets on Rehoboth Bay. Have the best of it all. Private beach and road, close the Dewey Beach , Rehoboth Beach and Indian River Inlet. The possibilities are unless!!!

Last Agent to Sell the Property

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037 Listed on: 11/26/2019

Jack Lingo - Rehoboth

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037 Listed on: 11/26/2019

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $712

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 101.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Property is zoned MR

HOA Fees

  • $212 Monthly HOA Fees

Property Views

  • Bay
  • Scenic Vista

Location

  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 334-23.06-123.03

Community Details

Overview

  • Indian Beach Subdivision

Recreation

  • Private Water Access
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$712

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Looking to build your dream beach home with a private beach & road??? One of the only lots left in Indian Beach. Enjoy the peaceful beach and private road. Just steps to the beach with world class sunsets on Rehoboth Bay. Have the best of it all. Private beach and road, close the Dewey Beach , Rehoboth Beach and Indian River Inlet. The possibilities are unless!!!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 135.66
  • Street Number Modifier: 22

Exterior Features

  • Construction Completed: No
  • View: Bay, Scenic Vista
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2542.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.22
  • Lot Dimensions: 101.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Year Assessed: 2019
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 645.00
  • Tax Annual Amount: 712.00
  • Assessor Parcel Number: 334-23.06-123.03
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 03/31/2021

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 26, 2019
Closed on
Mar 31, 2021
Sold by
Eaton Sons Llc
Bought by
Single 1B Lp
Seller's Agent
Tjark Bateman
Jack Lingo - Rehoboth
Buyer's Agent
Tjark Bateman
Jack Lingo - Rehoboth
List Price
$1,299,999
Sold Price
$1,075,000
Premium/Discount to List
-$224,999
-17.31%
Current Estimated Value
$2,175,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,100,140
Avg. Annual Appreciation
17.00%

Purchase Details

Closed on
Apr 22, 2013
Sold by
Eaton Emma P and Eaton James B
Bought by
Eaton Sons Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Eaton Emma P and Eaton James B
Bought by
Eaton Sons 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
Single 1B Lp $1,075,000 None Available
Eaton Sons Llc -- --
Eaton Sons Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,075,000 -17.3% --
09/30/2020 09/30/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $1,299,999 -- --
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 $8,683 $15,150 $15,150 $0
2024 $4,994 $15,150 $15,150 $0
2023 $4,990 $15,150 $15,150 $0
2022 $1,039 $15,150 $15,150 $0
2021 $1,032 $15,150 $15,150 $0
2020 $1,029 $15,150 $15,150 $0
2019 $1,008 $15,150 $15,150 $0
2018 $665 $15,150 $0 $0
2017 $637 $15,150 $0 $0
2016 $676 $15,150 $0 $0
2015 $649 $15,150 $0 $0
2014 $645 $15,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU152016

Bright MLS

APN: 334-23.06-123.03