NOT LISTED FOR SALE

31750 Marsh Island Ave Unit 14 Lewes, DE 19958

Estimated Value: $470,926 - $1,161,000

0.46 Acre
$2,096,157 Price per Acre
20,038 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $129,500

Est. 645% increase in value since last sale

Current estimated payment $5,538/month

Highlights

  • Beach
  • Home fronts navigable water
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Water Access
  • Lake Privileges

About This Lot

As of July 2021

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: 02/14/2020

Monument Sotheby's International Realty

Last Buyer's Agent

Michael Kennedy

(302) 381-7001 michael.kennedy@compass.com Compass License #RS-0024358

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Wooded Lot
  • Additional Parcels
  • Property is zoned GENERAL RESIDENTIAL, General Residential

HOA Fees

  • $250 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-448.00

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
  • Automatically Close On Close Date: No
  • 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: 6.45
  • Street Number Modifier: 31750

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: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20085.00
  • Year Assessed: 2019
  • Zoning: GENERAL RESIDENTIAL
  • Zoning Description: General 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: 234-18.00-448.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/19/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Chapman Walden Craig and Chapman Dana Langdon
Bought by
Lemper Terry A and Lemper Darla R
Current Estimated Value
$964,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$298,724
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$658,664

Purchase Details

Closed on
Dec 22, 2022
Sold by
Foxlane Homes At Bayfront Llc
Bought by
Chapman Walden Craig and Chapman Dana Langdon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,391
Interest Rate
7.08%
Mortgage Type
New Conventional
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
Lemper Terry A $1,125,000 None Listed On Document
Lemper Terry A $1,125,000 None Listed On Document
Chapman Walden Craig $1,073,341 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemper Terry A $300,000
Closed Lemper Terry A $300,000
Previous Owner Chapman Walden Craig $959,391
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $129,500 0.0% --
09/16/2020 09/16/20 Pending -- -- --
02/14/2020 02/14/20 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 $1,867 $9,050 $9,050 $0
2024 $3,016 $9,050 $9,050 $0
2023 $3,014 $9,050 $9,050 $0
2022 $430 $9,050 $9,050 $0
2021 $426 $9,050 $9,050 $0
2020 $425 $9,050 $9,050 $0
2019 $426 $9,050 $9,050 $0
2018 $397 $9,050 $0 $0
2017 $381 $9,050 $0 $0
2016 $362 $9,050 $0 $0
2015 $345 $9,050 $0 $0
2014 $343 $9,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU156092

Bright MLS

APN: 234-18.00-448.00