NOT LISTED FOR SALE

31680 Sloan Cove Rd Unit 141 Lewes, DE 19958

Estimated Value: $902,000 - $1,040,000

0.46 Acre
$2,089,130 Price per Acre
20,038 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $168,500

Est. 470% increase in value since last sale

Current estimated payment $5,558/month

Highlights

  • Beach
  • Pier or Dock
  • View of Trees or Woods
  • Love Creek Elementary School Rated A
  • Fitness Center
  • Lake Privileges

About This Lot

As of December 2020

BAYFRONT AT REHOBOTH - lot 141 is a large almost half acre lot backing to trees and community space for lots of privacy. Experience luxury coastal living in this bayfront community with private beach on Rehoboth Bay, kayak launch, pool overlooking the wetlands & bay, community center with gym, walking trails, & more! Available as lot with no builder tie in or timeframe to build or as a lot home package. Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! Rare opportunity for a large almost 1/2 acre corner lot in an established community convenient to downtown Rehoboth and Lewes! 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: 08/01/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Brandon Scott

(757) 968-3675 brandon.scott@longandfoster.com Long & Foster Real Estate, Inc. License #5011383

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $430

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 117.00 x 169.00
  • Property is zoned AR-1

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Views of Woods

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 234-18.00-575.00

Community Details

Overview

  • $500 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • $175 Other One-Time Fees
  • Bayfront At Rehoboth Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Meeting Room
  • Party Room

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$430

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: BAYFRONT AT REHOBOTH - lot 141 is a large almost half acre lot backing to trees and community space for lots of privacy. Experience luxury coastal living in this bayfront community with private beach on Rehoboth Bay, kayak launch, pool overlooking the wetlands & bay, community center with gym, walking trails, & more! Available as lot with no builder tie in or timeframe to build or as a lot home package. Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! Rare opportunity for a large almost 1/2 acre corner lot in an established community convenient to downtown Rehoboth and Lewes! Start living beach life today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.57
  • Street Number Modifier: 31680

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • 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: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beach, Club House, Exercise Room, Game Room, Jog/Walk Path, Meeting Room, Party Room, Pier/Dock, Pool - Outdoor, Swimming Pool, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Other Fees: 175.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 500.00

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 Dimensions: 117.00 x 169.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Year Assessed: 2020
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5154286
  • School Tax: 389.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 430.00
  • Assessor Parcel Number: 234-18.00-575.00
  • Tax Lot: 141
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/16/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Brooks Kevin J
Bought by
Brooks Kevin J and Brooks Rebecca A
Current Estimated Value
$961,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$510,315
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$450,685

Purchase Details

Listed on
Aug 1, 2020
Closed on
Dec 16, 2020
Sold by
Econopouly Thomas W and Econopouly Karen L
Bought by
Brooks Kevin J
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Brandon Scott
Long & Foster Real Estate, Inc.
List Price
$171,500
Sold Price
$168,500
Premium/Discount to List
-$3,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.61%
Original Mortgage
$151,650
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 3, 2017
Closed on
Sep 26, 2017
Sold by
Camden Harbor Investors Llc
Bought by
Econopouly Karen L and Econopouly Thomas W
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$143,750
Sold Price
$140,000
Premium/Discount to List
-$3,750
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
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
Brooks Kevin J $9,150 None Available
Brooks Kevin J $168,500 None Available
Econopouly Karen L $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kevin J $550,000
Previous Owner Brooks Kevin J $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Sold $168,500 -1.7% --
09/10/2020 09/10/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $171,500 +22.5% --
09/28/2017 09/28/17 Sold $140,000 -2.6% -- View Prior Sale
06/03/2017 06/03/17 For Sale $143,750 -- --
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 $2,318 $9,150 $9,150 $0
2024 $2,920 $9,150 $9,150 $0
2023 $2,918 $9,150 $9,150 $0
2022 $435 $9,150 $9,150 $0
2021 $431 $9,150 $9,150 $0
2020 $430 $9,150 $9,150 $0
2019 $430 $9,150 $9,150 $0
2018 $402 $9,150 $0 $0
2017 $385 $9,150 $0 $0
2016 $365 $9,150 $0 $0
2015 $349 $9,150 $0 $0
2014 $347 $9,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2020

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    62 in this area

    279 Total Sales

    Kim Hamer
    Section Image
  • Brandon Scott

    Buyer's Agent in 2020

    Brandon Scott

    Long & Foster

    (757) 968-3675

    3 in this area

    54 Total Sales

    Brandon Scott
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU165702

Bright MLS

APN: 234-18.00-575.00

Delaware Sussex County Lewes 19958

31680 Sloan Cove Rd Unit 141, Lewes, DE

This home is located at 31680 Sloan Cove Rd Unit 141, Lewes, DE 19958 since 01 August 2020 and is currently estimated at $961,000. 31680 Sloan Cove Rd Unit 141 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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