NOT LISTED FOR SALE

35924 Tarpon Dr Lewes, DE 19958

Estimated Value: $758,866 - $1,766,000

0.45 Acre
$3,002,704 Price per Acre
19,602 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $465,000

Est. 191% increase in value since last sale

Current estimated payment $7,480/month

Highlights

  • Clubhouse
  • Garden View
  • Tennis Courts
  • Lewes Elementary School Rated A
  • Community Pool
  • Jogging Path

About This Lot

As of November 2020

Seize this incredible opportunity to build your coastal dream home on the only available lot in the desirable community of Wolfe Pointe. The natural beauty of this exclusive, coastal community with mature landscaping and spacious, private lots is unparalleled and provides a tranquil setting to relax and entertain family and friends. Amenities include two outdoor pools, tennis courts, and walking paths surrounded by impeccably manicured grounds. Inside Route One and bordering the Lewes-Rehoboth Canal and Cape Henlopen State Park, you will appreciate the proximity to the waterways and pristine beaches for fishing, kayaking, surfing, and sunset sails. Historic downtown Lewes, renowned for its boutiques, galleries, and highly acclaimed restaurants is less than a mile away. Extensive bike trails will take you around Gordon's Pond to nearby Rehoboth Beach. The time is right to start enjoying the coastal lifestyle while you can still acquire your lot. This nearly half-acre lot is cleared, high and dry, and ready for you to dream big and design plans to build your vacation or year-round home. Welcome to the beach!

Last Agent to Sell the Property

Jennifer Lamson

(703) 623-8200 jennifer.lamson@gmail.com Monument Sotheby's International Realty License #RS-0021142 Listed on: 07/07/2020

Monument Sotheby's International Realty

Last Buyer's Agent

ERIN S LEE

(302) 470-0281 erinslee@kw.com Keller Williams Realty License #RA-0031106

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $484

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 208.00 x 210.00
  • Level Lot
  • Cleared Lot
  • Property is zoned AR-1

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Garden Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 335-09.00-235.00

Community Details

Overview

  • $2,000 Capital Contribution Fee
  • Association fees include common area maintenance, management, pool(s), recreation facility, reserve funds, road maintenance
  • Wolfe Pointe Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$484

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Seize this incredible opportunity to build your coastal dream home on the only available lot in the desirable community of Wolfe Pointe. The natural beauty of this exclusive, coastal community with mature landscaping and spacious, private lots is unparalleled and provides a tranquil setting to relax and entertain family and friends. Amenities include two outdoor pools, tennis courts, and walking paths surrounded by impeccably manicured grounds. Inside Route One and bordering the Lewes-Rehoboth Canal and Cape Henlopen State Park, you will appreciate the proximity to the waterways and pristine beaches for fishing, kayaking, surfing, and sunset sails. Historic downtown Lewes, renowned for its boutiques, galleries, and highly acclaimed restaurants is less than a mile away. Extensive bike trails will take you around Gordon's Pond to nearby Rehoboth Beach. The time is right to start enjoying the coastal lifestyle while you can still acquire your lot. This nearly half-acre lot is cleared, high and dry, and ready for you to dream big and design plans to build your vacation or year-round home. Welcome to the beach!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 23.72
  • Street Number Modifier: 35924

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Phone Available, Water Available, Sewer Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance
  • HOA: Yes
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2000.00

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: Cleared, Level
  • Lot Size Acres: 0.45
  • Lot Dimensions: 208.00 x 210.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5216896
  • School Tax: 438.00
  • Tax Annual Amount: 484.00
  • Assessor Parcel Number: 335-09.00-235.00
  • Tax Lot: 124
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/25/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Nov 17, 2020
Sold by
Smith David R and Smith Barbara T
Bought by
Khehra-Mirzaei Sandeep and Mirzaei Allen
Seller's Agent
Jennifer Lamson
Monument Sotheby's International Realty
Buyer's Agent
ERIN S LEE
Keller Williams Realty
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$1,351,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,217
Avg. Annual Appreciation
24.38%
Original Mortgage
$960,000
Outstanding Balance
$859,293
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$491,924

Purchase Details

Closed on
May 10, 2002
Bought by
Smith David R and Smith Barbara T
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
Khehra-Mirzaei Sandeep $465,000 None Available
Smith David R $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khehra-Mirzaei Sandeep $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $465,000 0.0% --
09/19/2020 09/19/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $465,000 -- --
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 $2,682 $10,300 $10,300 $0
2024 $3,394 $10,300 $10,300 $0
2023 $3,391 $10,300 $10,300 $0
2022 $3,272 $10,300 $10,300 $0
2021 $485 $10,300 $10,300 $0
2020 $484 $10,300 $10,300 $0
2019 $484 $10,300 $10,300 $0
2018 $452 $10,300 $0 $0
2017 $433 $10,300 $0 $0
2016 $411 $10,300 $0 $0
2015 $393 $10,300 $0 $0
2014 $390 $10,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU164108

Bright MLS

APN: 335-09.00-235.00