NOT LISTED FOR SALE

31744 Marsh Island Ave Unit 16 Lewes, DE 19958

Estimated Value: $667,755 - $685,000

0.51 Acre
$1,332,233 Price per Acre
22,216 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $127,000

Est. 435% increase in value since last sale

Current estimated payment $3,977/month

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Water Access
  • 0.51 Acre Lot

About This Lot

As of July 2020

BAYFRONT AT REHOBOTH : 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! 12 Lots available ranging from $129,500 to $152,500. Last lots in community- get in before this beautiful bayfront community is sold out! Rare opportunity for a large 1/2 acre 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: 01/12/2020

Monument Sotheby's International Realty

Last Buyer's Agent

David Landon

(302) 218-8473 davelandon@gmail.com Patterson-Schwartz-Newark License #521092

Patterson-Schwartz-Newark

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Lot Details

  • 0.51 Acre Lot
  • Home fronts navigable water
  • Wooded Lot
  • Additional Parcels

HOA Fees

  • $250 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-450.00

Community Details

Overview

  • Bayfront At Rehoboth Subdivision

Amenities

  • Community Center

Recreation

  • Beach
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Water Access
  • Property near a bay
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$470

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: Yes
  • Remarks Public: BAYFRONT AT REHOBOTH : 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! 12 Lots available ranging from $129,500 to $152,500. Last lots in community- get in before this beautiful bayfront community is sold out! Rare opportunity for a large 1/2 acre lot in an established community convenient to downtown Rehoboth and Lewes! Start living beach life today!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 5.80
  • Street Number Modifier: 31744

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 3000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Fitness Center, Jog/Walk Path, Tot Lots/Playground, Pool - Outdoor, Swimming Pool, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Additional Parcels: Yes
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22336.00
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154120
  • School Tax: 426.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 470.00
  • Assessor Parcel Number: 234-18.00-450.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/17/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Hutsell Teresa
Bought by
Montesano Henry and Montesano Catherine S
Current Estimated Value
$679,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,500
Outstanding Balance
$469,292
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$210,147

Purchase Details

Closed on
Feb 21, 2025
Sold by
Hutsell Teresa and Vammino Marie 1
Bought by
Hutsell Teresa

Purchase Details

Listed on
Jan 12, 2020
Closed on
Jul 15, 2020
Sold by
Camden Hbr Invstr Llc
Bought by
Hutsell Teresa and Mckinney Brian
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
David Landon
Patterson-Schwartz-Newark
List Price
$129,500
Sold Price
$127,000
Premium/Discount to List
-$2,500
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.89%
Original Mortgage
$368,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Montesano Henry $670,500 None Listed On Document
Montesano Henry $670,500 None Listed On Document
Hutsell Teresa -- None Listed On Document
Hutsell Teresa -- None Listed On Document
Hutsell Teresa $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montesano Henry $470,500
Previous Owner Hutsell Teresa $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $127,000 -1.9% --
05/04/2020 05/04/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $129,500 -- --
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 $1,318 $10,000 $10,000 $0
2024 $1,838 $10,000 $10,000 $0
2023 $1,837 $10,000 $10,000 $0
2022 $1,773 $10,000 $10,000 $0
2021 $1,757 $10,000 $10,000 $0
2020 $469 $10,000 $10,000 $0
2019 $470 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $399 $10,000 $0 $0
2015 $382 $10,000 $0 $0
2014 $379 $10,000 $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
  • David Landon

    Buyer's Agent in 2020

    David Landon

    Patterson Schwartz

    (302) 218-8473

    6 in this area

    332 Total Sales

    David Landon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU153910

Bright MLS

APN: 234-18.00-450.00

Delaware Sussex County Lewes 19958

31744 Marsh Island Ave Unit 16, Lewes, DE

This home is located at 31744 Marsh Island Ave Unit 16, Lewes, DE 19958 since 12 January 2020 and is currently estimated at $679,439. 31744 Marsh Island Ave Unit 16 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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