NOT LISTED FOR SALE

Estimated Value: $306,000 - $652,000

0.28 Acres
$1,783,211 Price per Acre
12,197 Sq Ft Lot

Sale Details

Date Sold: August 23, 2013

Last sale price $50,000

Est. 899% increase in value since last sale

Current estimated payment $2,771 / mo

179 Days on Market

About This Lot

As of August 2013

Lot is located off long neck rd between cove side and dock side of pot nets.Sewer fee is pd.Electric is run to the property.No building restrictions..3 mile from Massey boat ramp which has Indian river on right and rehoboth bay on left.Private beach and cove at the end of street (not deeded).Owner Financing with 20% down,amortized for 15 yrs which makes payments less than lot rent at Pot Nets by thousands a year.Minutes down the road is a Marina for those who want a boat slip.By car you are 15 minutes to Rehoboth,20 to Dewey and 15 to Lewis.This is an opportunity to own a beach property without the restrictions or cost of a Trailer park.With no restrictions mean you can build what you want or bring in a double wide or trailer.Being this close to the water your house or trailer will be 4 ft. off the ground.The lot rents in nearby parks can be as high as $20,000 and you can own for under $6000 a year.

Last Agent to Sell the Property

George McCusker

(888) 260-0040 gjm12121@gmail.com Realty Mark Associates-Newark License #531903 Listed on: 01/10/2013

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $121

Lot Details

  • 12,197 Sq Ft Lot
  • Interior Lot
  • The property's topography is level, part wooded
  • Zoning described as Mobile Home Allowed

Utilities

  • Approved Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19.00
  • Assessor Parcel Number 2-34-25.00-19.00

Property Details

Property Type

Land

Est. Annual Taxes

$121

Lot Details

0.28 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 5.74

Exterior Features

  • 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: Approved System, Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 1500.00
  • Lot Features: Interior
  • Lot Size Acres: 0.28
  • Lot Dimensions: 60X200, LotWidth:60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Topography: Level, Part Wooded
  • Zoning: R
  • Zoning Description: Mobile Home Allowed

Green Features

  • Green Remarks: Lot is located off long neck rd between cove side and dock side of pot nets.Sewer fee is pd.Electric is run to the property.No building restrictions..3 mile from Massey boat ramp which has Indian river on right and rehoboth bay on left.Private beach and c

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5158831
  • Tax Annual Amount: 121.00
  • Assessor Parcel Number: 2-34-25.00-19.00
  • Tax Lot: 19.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Aug 29, 2013
Bought by
Carl Barry C Lois R Carl
Seller's Agent
George McCusker
Realty Mark Associates-Newark
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$79,000
Sold Price
$50,000
Premium/Discount to List
-$29,000
-36.71%
Current Estimated Value
$499,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,299
Avg. Annual Appreciation
20.04%

Purchase Details

Listed on
Jan 10, 2013
Closed on
Aug 23, 2013
Bought by
Carl Barry C Lois R Carl
Seller's Agent
George McCusker
Realty Mark Associates-Newark
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$79,000
Sold Price
$50,000
Premium/Discount to List
-$29,000
-36.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carl Barry C Lois R Carl $50,000 --
Carl Barry C Lois R Carl $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $50,000 -36.7% --
07/08/2013 07/08/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $79,000 -- --
Source: Bright MLS

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 $981 $24,750 $1,500 $23,250
2024 $1,023 $24,750 $1,500 $23,250
2023 $1,022 $24,750 $1,500 $23,250
2022 $1,006 $24,750 $1,500 $23,250
2021 $976 $24,750 $1,500 $23,250
2020 $931 $24,750 $1,500 $23,250
2019 $927 $24,750 $1,500 $23,250
2018 $936 $24,750 $0 $0
2017 $944 $24,750 $0 $0
2016 $121 $3,600 $0 $0
2015 $125 $3,600 $0 $0
2014 $123 $3,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001695562

Bright MLS

APN: 234-25.00-19.00

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