NOT LISTED FOR SALE

31760 Marsh Island Ave Unit 10 Lewes, DE 19958

Estimated Value: $331,878 - $860,000

0.66 Acre
$1,063,212 Price per Acre
28,750 Sq Ft Lot

Last Sold August 05, 2019

Last sale price $128,900

Est. 444% increase in value since last sale

Current estimated payment $4,099/month

Highlights

  • Beach
  • Fitness Center
  • Lake Privileges
  • Love Creek Elementary School Rated A
  • 0.66 Acre Lot
  • Wooded Lot

About This Lot

As of August 2019

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! 14 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! $3,240 per year HOA with house and $3,000 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: 03/06/2018

Monument Sotheby's International Realty

Last Buyer's Agent

Vid Lopez

(302) 542-2435 Vid@VidLopez.com RE/MAX Associates License #RA-0020281

RE/MAX Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,442

Lot Details

  • 0.66 Acre Lot
  • Wooded Lot
  • Property is zoned GENERAL RESIDENTIAL, GENERAL RESIDENTIAL

HOA Fees

  • $244 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-18.00-444.00

Community Details

Recreation

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

Additional Features

  • Community Center

Property Details

Property Type

Land

Est. Annual Taxes

$1,442

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
  • Current Use: Vacant
  • 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! 14 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! $3,240 per year HOA with house and $3,000 per year HOA for unimproved lot.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 4.73
  • Street Number Modifier: 31760

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • 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: 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, 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: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.66
  • Lot Size Area: 20293
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28604.00
  • Zoning: GENERAL RESIDENTIAL
  • Zoning Description: GENERAL RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5154113
  • Assessor Parcel Number: 234-18.00-444.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 08/05/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jul 31, 2019
Sold by
Camden Harbor Investors
Bought by
Otte Roland and Otte Dominique
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Vid Lopez
RE/MAX Associates
List Price
$135,250
Sold Price
$128,900
Premium/Discount to List
-$6,350
-4.7%
Current Estimated Value
$701,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,820
Avg. Annual Appreciation
31.55%
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
Otte Roland $128,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $128,900 -4.7% --
06/15/2019 06/15/19 Pending -- -- --
03/06/2018 03/06/18 For Sale $135,250 -- --
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 $1,442 $7,500 $7,500 $0
2024 $2,161 $7,500 $7,500 $0
2023 $2,159 $7,500 $7,500 $0
2022 $2,063 $7,500 $7,500 $0
2021 $2,044 $7,500 $7,500 $0
2020 $352 $7,500 $7,500 $0
2019 $353 $7,500 $7,500 $0
2018 $329 $7,500 $0 $0
2017 $315 $7,500 $0 $0
2016 $300 $7,500 $0 $0
2015 $286 $7,500 $0 $0
2014 $284 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2019

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    62 in this area

    279 Total Sales

    Kim Hamer
    Section Image
  • Vid Lopez

    Buyer's Agent in 2019

    Vid Lopez

    RE/MAX

    (302) 542-2435

    18 in this area

    71 Total Sales

    Vid Lopez
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001570630

Bright MLS

APN: 234-18.00-444.00

Delaware Sussex County Lewes 19958

31760 Marsh Island Ave Unit 10, Lewes, DE

This home is located at 31760 Marsh Island Ave Unit 10, Lewes, DE 19958 since 06 March 2018 and is currently estimated at $701,720. 31760 Marsh Island Ave Unit 10 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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