NOT LISTED FOR SALE

31900 Shell Landing Way Lewes, DE 19958

Estimated Value: $828,000 - $1,122,000

0.57 Acre
$1,706,426 Price per Acre
24,829 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $225,000

Est. 332% increase in value since last sale

Current estimated payment $5,860/month

125 Days on Market

Highlights

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

About This Lot

As of January 2021

WATERFRONT LOT WITH NO BUILDER TIE-IN! Enjoy the benefits of neighborhood living and amenities without compromising privacy and breathtaking natural beauty! The amenities in this bay front community include a private beach on Rehoboth Bay, kayak launch, pool that overlooks the wetlands & bay, community center with gym, walking trails, & more! Located within minutes from Coastal Highway, area's attractions, shopping, dining, and beaches. Call today!

Last Agent to Sell the Property

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/14/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Lee Ann Wilkinson

Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064 Listed on: 07/14/2020

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $272

Year Built

  • 2016

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 70.00 x 216.00
  • Home fronts navigable water
  • Wooded Lot
  • Tidal Wetland on Lot
  • Property is zoned AR-1

HOA Fees

  • $270 Monthly HOA Fees

Property Views

  • Water
  • Woods

Utilities

  • Water Tap or Transfer Fee
  • Sewer Tap Fee

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 234-18.00-593.00

Community Details

Overview

  • $540 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, trash, pool(s)
  • Bayfront At Rehoboth Subdivision

Amenities

  • Clubhouse

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

$272

Year Built

2016

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential, Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: WATERFRONT LOT WITH NO BUILDER TIE-IN! Enjoy the benefits of neighborhood living and amenities without compromising privacy and breathtaking natural beauty! The amenities in this bay front community include a private beach on Rehoboth Bay, kayak launch, pool that overlooks the wetlands & bay, community center with gym, walking trails, & more! Located within minutes from Coastal Highway, area's attractions, shopping, dining, and beaches. Call today!
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Price Per Sq Ft: 10.07
  • Street Number Modifier: 31900

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods, Water
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Sewer Tap Fee
  • Water Source: Public, Tap Fee

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Club House, Fitness Center, Jog/Walk Path, Pool - Outdoor, Tot Lots/Playground, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Trash, Pool(s)
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 540.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Features: Tidal Wetland, Trees/Wooded
  • Lot Size Acres: 0.57
  • Lot Dimensions: 70.00 x 216.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24829.00
  • Year Assessed: 2020
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5154306
  • School Tax: 246.00
  • Tax Annual Amount: 272.00
  • Assessor Parcel Number: 234-18.00-593.00
  • Tax Lot: 156
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/08/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Foxlane Homes At Bayfront Llc
Bought by
Diamond Michael Zachary and Diamond Caherine Joy
Total Days on Market
125
Current Estimated Value
$972,663

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jan 6, 2021
Sold by
Bay Rose Homes Llc
Bought by
Foxlane Hm At
Seller's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.06%
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
Diamond Michael Zachary $986,515 --
Foxlane Hm At $225,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $225,000 -10.0% --
11/16/2020 11/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $250,000 -- --
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
2024 $1,871 $5,800 $5,800 $0
2023 $1,869 $5,800 $5,800 $0
2022 $276 $5,800 $5,800 $0
2021 $273 $5,800 $5,800 $0
2020 $272 $5,800 $5,800 $0
2019 $273 $5,800 $5,800 $0
2018 $255 $5,800 $0 $0
2017 $244 $5,800 $0 $0
2016 $232 $5,800 $0 $0
2015 $221 $5,800 $0 $0
2014 $220 $5,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164622

Bright MLS

APN: 234-18.00-593.00