$226,500
SOLD OCT 26, 2020

24 Sheffield Rd Rehoboth Beach, DE 19971

0.39 Acre
$580,769 Price per Acre
16,988 Sq Ft Lot

Recently Sold

5% Below List Price

About This Lot

As of December 2021

This wooded lot is located in the sought-after community of Rehoboth Beach Yacht & Country Club on a quiet cul de sac. This is a great opportunity to build your dream home, across the street from Torquay Canal. Only 3 miles to downtown Rehoboth and in close proximity to shopping and restaurants. Call for more information.

Last Agent to Sell the Property

Meg Massey

(302) 379-2579 megmassey@thymerealestateco.com Thyme Real Estate Co LLC License #RS0025418 Listed on: 08/22/2020

Last Buyer's Agent

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $401

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 114.00 x 150.00
  • Property is zoned MR

HOA Fees

  • $15 Monthly HOA Fees

Location

  • Flood Risk

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 334-19.00-1002.00

Community Details

Overview

  • Seascape Property Management HOA, Phone Number (302) 645-2222
  • Rehoboth Beach Yacht And CC Subdivision

Recreation

  • Water Oriented
  • Property is near a canal

Property Details

Property Type

Land

Est. Annual Taxes

$401

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential, Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: This wooded lot is located in the sought-after community of Rehoboth Beach Yacht & Country Club on a quiet cul de sac. This is a great opportunity to build your dream home, across the street from Torquay Canal. Only 3 miles to downtown Rehoboth and in close proximity to shopping and restaurants. Call for more information.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 14.01
  • Street Number Modifier: 24

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Water Body Type: Canal
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • HOA Name: SEASCAPE PROPERTY MANAGEMENT
  • HOA Phone: 302-645-2222
  • HOA: Yes

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: 0.39
  • Lot Dimensions: 114.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Year Assessed: 2020
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5199207
  • School Tax: 363.00
  • Tax Annual Amount: 401.00
  • Assessor Parcel Number: 334-19.00-1002.00
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/26/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 22, 2021
Sold by
Hanby Wayne
Bought by
Pisacano Sarah E and Smith Matthew D
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$495,000
Sold Price
$279,000
Premium/Discount to List
-$216,000
-43.64%
Current Estimated Value
$2,038,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,759,000
Avg. Annual Appreciation
69.23%
Original Mortgage
$195,300
Outstanding Balance
$180,017
Interest Rate
3.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,857,983

Purchase Details

Listed on
Aug 22, 2020
Closed on
Oct 26, 2020
Sold by
Lamborn James J and Lamborn Kevin
Bought by
Hanby Wayne
Seller's Agent
Meg Massey
Thyme Real Estate Co LLC
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$238,000
Sold Price
$226,500
Premium/Discount to List
-$11,500
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$181,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2019
Sold by
Barbara Lee Tanner Ret
Bought by
Lamborn James J and Lamborn Kevin

Purchase Details

Closed on
Apr 29, 1999
Bought by
Tanner Barbara Lee (Trustee)
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 Type Sale Price Title Company
Deed $279,000 None Available
Deed $234,000 None Available
Deed -- None Available
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,300 Stand Alone Refi Refinance Of Original Loan
Previous Owner $181,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $279,000 -43.6% --
11/10/2021 11/10/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $495,000 +118.5% --
10/26/2020 10/26/20 Sold $226,500 -4.8% --
08/27/2020 08/27/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $238,000 -- --
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
2025 $1,764 $8,550 $8,550 $0
2024 $2,634 $8,550 $8,550 $0
2023 $421 $8,550 $8,550 $0
2022 $406 $8,550 $8,550 $0
2021 $403 $8,550 $8,550 $0
2020 $401 $8,550 $8,550 $0
2019 $402 $8,550 $8,550 $0
2018 $375 $8,550 $0 $0
2017 $360 $8,550 $0 $0
2016 $342 $8,550 $0 $0
2015 $326 $8,550 $0 $0
2014 $324 $8,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carrie Lingo

    Seller's Agent in 2021

    Carrie Lingo

    Jack Lingo - Lewes

    (302) 500-0825

    149 in this area

    858 Total Sales

    Carrie Lingo
    Section Image
  • Meg Massey

    Seller's Agent in 2020

    Meg Massey

    Thyme Real Estate Co LLC

    (302) 379-2579

    1 in this area

    9 Total Sales

    Meg Massey
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU167420

Bright MLS

APN: 334-19.00-1002.00

Delaware Sussex County Rehoboth Beach 19971

24 Sheffield Rd, Rehoboth Beach, DE

This home is located at 24 Sheffield Rd, Rehoboth Beach, DE 19971 and is currently priced at $226,500. 24 Sheffield 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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