NOT LISTED FOR SALE

22611 Ramble Rd Lewes, DE 19958

Estimated Value: $573,000 - $847,000

0.49 Acre
$1,486,473 Price per Acre
21,344 Sq Ft Lot

Last Sold April 27, 2020

Last sale price $82,500 $49 Per Sq Ft

Est. 783% increase in value since last sale

Current estimated payment $4,025/month

About This Lot

As of April 2020

Build your custom home on this spacious lot in sought after Ridings of Rehoboth. Close to everything, yet quiet and peaceful. Wooded backdrop and across the street from large open space area. No builder tie-in. Many community amenities. Don't miss out on this rare find.

Last Agent to Sell the Property

Bruce Plummer

(302) 245-7653 bruce@bruceplummer.com Coldwell Banker Premier - Rehoboth License #RB-0001924 Listed on: 10/25/2019

Coldwell Banker Premier - Rehoboth

Co-Listed By

MARY MAKI

(302) 227-5000 mmaki@cbanker.com Coldwell Banker Resort Realty - Rehoboth

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $277

Lot Details

  • 0.49 Acre Lot
  • Irregular Lot
  • Property is zoned 935

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Cape Henlopen High School

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 234-05.00-699.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility
  • Seascape Property Management HOA, Phone Number (302) 645-2222
  • Ridings At Rehoboth Subdivision

Amenities

  • Clubhouse
  • Community Center

Property Details

Property Type

Land

Est. Annual Taxes

$277

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.65

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: Public Sewer
  • Water Source: Community
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Club House, Community Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility
  • HOA Name: SEASCAPE PROPERTY MANAGEMENT
  • HOA Phone: 302-645-2222
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 500.00

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CAPE HENLOPEN

Lot Info

  • Additional Parcels: No
  • Lot Features: Irregular
  • Lot Size Acres: 0.49
  • Lot Dimensions: 93.00 x 209.00 approximate
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21445.00
  • Zoning: 935
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5168067
  • School Tax: 251.00
  • Tax Annual Amount: 277.00
  • Assessor Parcel Number: 234-05.00-699.00
  • Tax Lot: 158
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Capstone Homes Llc
Bought by
Cordrey Brett A and Cordrey Kristin A
Current Estimated Value
$728,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,769
Outstanding Balance
$407,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$321,023

Purchase Details

Listed on
Oct 25, 2019
Closed on
Apr 21, 2020
Sold by
Warren M Walls Ret
Bought by
Capstone Homes Llc
Seller's Agent
Bruce Plummer
Coldwell Banker Premier - Rehoboth
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$99,800
Sold Price
$82,500
Premium/Discount to List
-$17,300
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.59%
Original Mortgage
$376,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2019
Sold by
Schell Brother Llc
Bought by
Warren M Walls Ret

Purchase Details

Closed on
May 9, 2016
Sold by
Beacon Ridings Llc
Bought by
Schell Brothers Llc

Purchase Details

Closed on
Aug 21, 2013
Sold by
Lighthouse Ridings Llc
Bought by
Beacon Ridings Llc

Purchase Details

Closed on
Aug 7, 2013
Sold by
Lighthouse Ridings Llc
Bought by
Beacon Ridings Llc
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
Cordrey Brett A $572,211 None Available
Capstone Homes Llc $82,500 None Available
Warren M Walls Ret $11,800 --
Schell Brothers Llc $248,000 None Available
Beacon Ridings Llc $220,000 --
Beacon Ridings Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordrey Brett A $457,769
Previous Owner Capstone Homes Llc $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $82,500 -17.3% $49 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
10/25/2019 10/25/19 For Sale $99,800 -- $59 / 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 $1,345 $5,900 $5,900 $0
2024 $2,169 $5,900 $5,900 $0
2023 $2,167 $5,900 $5,900 $0
2022 $2,091 $5,900 $5,900 $0
2021 $2,072 $5,900 $5,900 $0
2020 $1,254 $5,900 $5,900 $0
2019 $277 $5,900 $5,900 $0
2018 $259 $5,900 $0 $0
2017 $248 $5,900 $0 $0
2016 $236 $5,900 $0 $0
2015 $225 $5,900 $0 $0
2014 -- $5,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Plummer

    Seller's Agent in 2020

    Bruce Plummer

    Coldwell Banker Premier - Rehoboth

    (302) 245-7653

    2 in this area

    13 Total Sales

    Bruce Plummer
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    MARY MAKI

    Coldwell Banker Resort Realty - Rehoboth

    Section Image
  • Lee Ann Wilkinson

    Buyer's Agent in 2020

    Lee Ann Wilkinson

    BHHS PenFed (actual)

    (302) 278-6726

    1,060 in this area

    1,862 Total Sales

    Lee Ann Wilkinson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU150572

Bright MLS

APN: 234-05.00-699.00

Delaware Sussex County Lewes 19958

22611 Ramble Rd, Lewes, DE

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