NOT LISTED FOR SALE

35643 Spruce Rd Unit 2881 Rehoboth Beach, DE 19971

Estimated Value: $115,343 - $505,000

0.13 Acre
$2,835,277 Price per Acre
5,663 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $82,000

Est. 349% increase in value since last sale

Current estimated payment $2,120/month

42 Days on Market

Highlights

  • Shed
  • Partially Fenced Property
  • Level Lot
  • Rehoboth Elementary School Rated A

About This Lot

As of January 2021

Rarely available opportunity to purchase an oversized lot in the welcoming community of Pine Valley! Open to your imagination, put the mobile home of your choice on this wonderful lot! Situated on a private, quiet street, just minutes from the city limits of Lewes. Only 1.5 miles to the Tanger Outlets, restaurants and plenty of other shopping. Within biking distance to downtown Lewes and just 10 minutes to the Rehoboth boardwalk! NOTE: Shed on property is in "As Is" condition. This must be a CASH sale. Agent related to property owner.

Last Agent to Sell the Property

Emily Maahs

Crown Homes Real Estate License #5007281 Listed on: 10/28/2020

Last Buyer's Agent

Emily Maahs

Crown Homes Real Estate License #5007281 Listed on: 10/28/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $462

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42 x 140
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Ground Rent expires in 50 years
  • No Building Permits
  • Property is zoned TP, Trailer Park-Mobile Home

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • 150 Amp Service

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 334-13.00-164.00-2881

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, water
  • Pine Valley Mobile Home Park Cooperative Condos
  • Pine Valley Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$462

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Leasehold
  • Current Use: Land/Lot Only, Residential, Vacant
  • Historic: No
  • Inclusions: Shed in "As Is" condition.
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 15.88
  • Street Number Modifier: 35643

Exterior Features

  • Other Structures List: Shed
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 150 Amps
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 605.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Pine Valley Mobile Home Park Cooperative
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Water
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396895
  • School District Source: 3rd Party
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Land Use Code: RV
  • Lot Features: Level, Cleared
  • Lot Size Acres: 0.13
  • Lot Dimensions: 42 x 140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.80
  • Year Assessed: 2017
  • Zoning: TP
  • Zoning Description: Trailer Park-Mobile Home
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 50
  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Tax Annual Amount: 462.00
  • Assessor Parcel Number: 334-13.00-164.00-2881
  • Tax Lot: 64
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/13/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $82,000 -8.8% --
10/28/2020 10/28/20 For Sale $89,900 -- --
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 $296 $0 $0 $0
2023 $295 $0 $0 $0
2022 $285 $0 $0 $0
2021 $517 $0 $0 $0
2020 $517 $0 $0 $0
2019 $517 $11,000 $0 $11,000
2018 $483 $11,000 $0 $0
2017 $463 $11,000 $0 $0
2016 $439 $11,000 $0 $0
2015 $420 $11,000 $0 $0
2014 $417 $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Maahs

    Seller's Agent in 2021

    Emily Maahs

    Crown Homes Real Estate

    (302) 547-4980

    1 in this area

    69 Total Sales

    Emily Maahs
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Map

Source: Bright MLS

MLS Number: DESU172020

Bright MLS

APN: 334-13.00-164.00-2881

Delaware Sussex County Rehoboth Beach 19971

35643 Spruce Rd Unit 2881, Rehoboth Beach, DE

This home is located at 35643 Spruce Rd Unit 2881, Rehoboth Beach, DE 19971 since 28 October 2020 and is currently estimated at $368,586. 35643 Spruce Rd Unit 2881 is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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