NOT LISTED FOR SALE

31753 Marsh Island Ave Unit 111 Lewes, DE 19958

Estimated Value: $366,486 - $1,033,000

0.46 Acre
$1,738,309 Price per Acre
20,038 Sq Ft Lot

Last Sold February 28, 2018

Last sale price $138,000

Est. 479% increase in value since last sale

Current estimated payment $4,661/month

Highlights

  • Beach
  • Pier or Dock
  • Fitness Center
  • Love Creek Elementary School Rated A
  • Water Access
  • Lake View

About This Lot

As of February 2018

Experience luxury coastal living in this bayfront community with private beach on Rehoboth Bay, kayak launch, pool, community center, walking trails, & more! Available as lot with no builder tie in or timeframe to build for or as a lot home package with the popular Arrington model by Select Builders. Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! Lot buyer to pay water and sewer impact fees. Start living the beach life today! 17 Lots available ranging from $129,500 to $152,500 available with no builder tie-in or timeframe to build or as a lot home package! Some of the last lots - get in before this beautiful bayfront community is sold out! Rare opportunity for a large almost 1/2 acre lot in an established community convenient to downtown Rehoboth and Lewes! $2,928 per year HOA with house and $2,688 per year HOA for unimproved lot.

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: 09/20/2017

Monument Sotheby's International Realty

Last Buyer's Agent

Ingrid Kollist

(302) 424-1890 ingrid@activeadultsrealty.com Active Adults Realty License #RS-0024432

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,927

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 108x146x144x175
  • Partially Wooded Lot
  • Zoning described as GENERAL RESIDENTIAL

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Additional Features

  • Flood Risk
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-545.00

Community Details

Overview

  • Bayfront At Rehoboth Subdivision

Amenities

  • Community Center

Recreation

  • Pier or Dock
  • Beach
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Water Access
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$1,927

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Experience luxury coastal living in this bayfront community with private beach on Rehoboth Bay, kayak launch, pool, community center, walking trails, & more! Available as lot with no builder tie in or timeframe to build for or as a lot home package with the popular Arrington model by Select Builders. Start building your dream home today in this amenity rich development where HOA fees include all lawn maintenance, trash removal, amenities, and more! Lot buyer to pay water and sewer impact fees. Start living the beach life today! 17 Lots available ranging from $129,500 to $152,500 available with no builder tie-in or timeframe to build or as a lot home package! Some of the last lots - get in before this beautiful bayfront community is sold out! Rare opportunity for a large almost 1/2 acre lot in an established community convenient to downtown Rehoboth and Lewes! $2,928 per year HOA with house and $2,688 per year HOA for unimproved lot.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 7.05
  • Street Number Modifier: 31753

Exterior Features

  • Construction Completed: No
  • View: Lake, Pond
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2928.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Cable, Community Center, Fitness Center, Jog/Walk Path, Pier/Dock, 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

  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.46
  • Lot Size Area: 20000
  • Lot Dimensions: 108x146x144x175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154250
  • Assessor Parcel Number: 234-18.00-545.00
  • County Tax Payment Frequency: Annually
  • Close Date: 02/28/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 28, 2018
Sold by
Camden Harbor Investors
Bought by
Stukowski Terry and Stukowski Barbara
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Ingrid Kollist
Active Adults Realty
List Price
$141,000
Sold Price
$138,000
Premium/Discount to List
-$3,000
-2.13%
Current Estimated Value
$799,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,622
Avg. Annual Appreciation
25.97%
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
Stukowski Terry $138,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $138,000 -2.1% --
02/01/2018 02/01/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $141,000 -- --
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 $1,927 $8,750 $8,750 $0
2024 $2,686 $8,750 $8,750 $0
2023 $2,684 $8,750 $8,750 $0
2022 $2,590 $8,750 $8,750 $0
2021 $2,566 $8,750 $8,750 $0
2020 $2,559 $8,750 $8,750 $0
2019 $411 $8,750 $8,750 $0
2018 $384 $8,750 $0 $0
2017 $368 $8,750 $0 $0
2016 $350 $8,750 $0 $0
2015 $334 $8,750 $0 $0
2014 $332 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001033264

Bright MLS

APN: 234-18.00-545.00