NOT LISTED FOR SALE

31584 Reedy Ct Lewes, DE 19958

Estimated Value: $209,000 - $806,000

0.46 Acre
$1,050,274 Price per Acre
20,038 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $175,000

Est. 176% increase in value since last sale

Current estimated payment $2,886/month

Highlights

  • Water Views
  • Beach
  • Lake Privileges
  • Love Creek Elementary School Rated A
  • Fitness Center
  • Community Pool

About This Lot

As of September 2021

BAYFRONT AT REHOBOTH : Experience luxury coastal living in this bayfront community with private beach on the Rehoboth Bay, kayak launch, pool overlooking the wetlands & bay, community center with gym, walking trail to beach, & more! Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! One of the last lots in community with no builder tie-in or timeframe to build- get in before this beautiful bayfront community is sold out! Available as lot with no builder tie-in or timeframe to build or lot home package for $999,000 (see attached plans). Rare opportunity for a large 1/2 acre lot in an established community with mature trees convenient to downtown Rehoboth and Lewes in the Cape Henlopen School District! Start living beach life today!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 06/21/2021

Monument Sotheby's International Realty

Last Buyer's Agent

Jamie Watson

(302) 258-6825 Jwdrakes@gmail.com The Watson Realty Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $252

Lot Details

  • 0.46 Acre Lot
  • Property is zoned AR-1

HOA Fees

  • $270 Monthly HOA Fees

Utilities

  • Private Water Source
  • Private Sewer

Additional Features

  • Water Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 234-18.00-500.00

Community Details

Overview

  • $540 Capital Contribution Fee
  • Association fees include lawn maintenance, management, pool(s), reserve funds, road maintenance, snow removal, trash
  • Bayfront At Rehoboth Subdivision

Amenities

  • Game Room
  • Community Center

Recreation

  • Beach
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$252

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: BAYFRONT AT REHOBOTH : Experience luxury coastal living in this bayfront community with private beach on the Rehoboth Bay, kayak launch, pool overlooking the wetlands & bay, community center with gym, walking trail to beach, & more! Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! One of the last lots in community with no builder tie-in or timeframe to build- get in before this beautiful bayfront community is sold out! Available as lot with no builder tie-in or timeframe to build or lot home package for $999,000 (see attached plans). Rare opportunity for a large 1/2 acre lot in an established community with mature trees convenient to downtown Rehoboth and Lewes in the Cape Henlopen School District! Start living beach life today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.42
  • Street Number Modifier: 31584

Exterior Features

  • Construction Completed: No
  • View: Water
  • 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 Sewer, Private Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Community Center, Exercise Room, Game Room, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 540.00

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: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20163.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154176
  • School Tax: 228.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 252.00
  • Assessor Parcel Number: 234-18.00-500.00
  • Tax Lot: 66
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/30/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 30, 2021
Sold by
Tice Timothy D
Bought by
Szymanski Michael
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Jamie Watson
The Watson Realty Group, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$483,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,126
Avg. Annual Appreciation
28.66%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 6, 2021
Sold by
Schell Brothers Llc
Bought by
Tice Timothy D
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Jamie Watson
The Watson Realty Group, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Source: Public Records

Range of Values:

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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
Szymanski Michael $175,000 None Available
Tice Timothy D $91,800 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $175,000 -7.8% --
09/03/2021 09/03/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $189,900 -5.0% --
06/21/2021 06/21/21 For Sale $199,900 -- --
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 $656 $5,350 $5,350 $0
2024 $264 $5,350 $5,350 $0
2023 $263 $5,350 $5,350 $0
2022 $254 $5,350 $5,350 $0
2021 $252 $5,350 $5,350 $0
2020 $251 $5,350 $5,350 $0
2019 $252 $5,350 $5,350 $0
2018 $235 $5,350 $0 $0
2017 $225 $5,350 $0 $0
2016 $214 $5,350 $0 $0
2015 $204 $5,350 $0 $0
2014 $203 $5,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2021

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    61 in this area

    276 Total Sales

    Kim Hamer
    Section Image

  • J

    Buyer's Agent in 2021

    Jamie Watson

    RE/MAX

    (302) 258-6825

    5 in this area

    179 Total Sales

    Jamie Watson
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2000574

Bright MLS

APN: 234-18.00-500.00

Delaware Sussex County Lewes 19958

31584 Reedy Ct, Lewes, DE

This home is located at 31584 Reedy Ct, Lewes, DE 19958 since 21 June 2021 and is currently estimated at $483,126. 31584 Reedy Ct is a home located in Sussex County with nearby schools including Love Creek Elementary School, Mariner Middle School, and Cape Henlopen High School.

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