NOT LISTED FOR SALE

31762 Marsh Island Ave Unit 9 Lewes, DE 19958

Estimated Value: $349,669 - $921,000

0.55 Acre
$1,389,395 Price per Acre
23,958 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $135,000

Est. 466% increase in value since last sale

Current estimated payment $4,603/month

190 Days on Market

Highlights

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

About This Lot

As of October 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

Monument Sotheby's International Realty License #RS-0013968 Listed on: 02/14/2020

Monument Sotheby's International Realty

Last Buyer's Agent

John Ford

RE/MAX Associates-Hockessin License #RB-0003054

RE/MAX Associates-Hockessin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Lot Details

  • 0.55 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 234-18.00-443.00

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: 5.63
  • Street Number Modifier: 31762

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: 0.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24012.00
  • 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: 234-18.00-443.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 10/02/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Sep 30, 2020
Sold by
Camden Hbr Invstr Llc
Bought by
Clarke Michael C and Clarke Dawn M
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
John Ford
RE/MAX Associates-Hockessin
List Price
$135,250
Sold Price
$135,000
Premium/Discount to List
-$250
-0.18%
Current Estimated Value
$764,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,167
Avg. Annual Appreciation
42.29%
Original Mortgage
$430,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Clarke Michael C $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Dawn M $428,166
Closed Clarke Dawn M $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $135,000 -0.2% --
08/22/2020 08/22/20 Pending -- -- --
02/14/2020 02/14/20 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
2024 $2,280 $6,850 $6,850 $0
2023 $2,278 $6,850 $6,850 $0
2022 $2,198 $6,850 $6,850 $0
2021 $323 $6,850 $6,850 $0
2020 $322 $6,850 $6,850 $0
2019 $322 $6,850 $6,850 $0
2018 $301 $6,850 $0 $0
2017 $288 $6,850 $0 $0
2016 $274 $6,850 $0 $0
2015 $261 $6,850 $0 $0
2014 $260 $6,850 $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

    64 in this area

    283 Total Sales

    Section Image
  • John Ford

    Buyer's Agent in 2020

    John Ford

    RE/MAX

    (302) 740-7350

    3 in this area

    75 Total Sales

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Map

Source: Bright MLS

MLS Number: DESU156100

Bright MLS

APN: 234-18.00-443.00

Delaware Sussex County Lewes 19958

31762 Marsh Island Ave Unit 9, Lewes, DE

This home is located at 31762 Marsh Island Ave Unit 9, Lewes, DE 19958 since 14 February 2020 and is currently estimated at $764,167. 31762 Marsh Island Ave Unit 9 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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