NOT LISTED FOR SALE

37468 Basin St Rehoboth Beach, DE 19971

Estimated Value: $406,768 - $1,760,000

0.11 Acre
$11,585,836 Price per Acre
4,792 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $245,000

Est. 420% increase in value since last sale

Current estimated payment $7,319/month

About This Lot

As of May 2020

Buildable Bay Vista lot with no builder tie-in. Foundation is in for a manufactured type dwelling or use with your own plans and designs.

Last Agent to Sell the Property

George Becker

Bryan Realty Group License #RA-0020389 Listed on: 03/07/2020

Last Buyer's Agent

George Becker

Bryan Realty Group License #RA-0020389 Listed on: 03/07/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $118

Year Built

  • 2022

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned AR-1 149

Schools

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

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-19.16-26.01

Property Details

Property Type

Land

Est. Annual Taxes

$118

Year Built

2022

Lot Details

0

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
  • Remarks Public: Buildable Bay Vista lot with no builder tie-in. Foundation is in for a manufactured type dwelling or use with your own plans and designs.
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 52.17
  • Street Number Modifier: 37468

Exterior Features

  • 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
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Year Assessed: 2019
  • Zoning: AR-1 149
  • 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

Tax Info

  • Assessor Parcel Number: 5201860
  • School Tax: 106.00
  • Tax Annual Amount: 118.00
  • Assessor Parcel Number: 334-19.16-26.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/15/2020

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Byrd Richard D
Bought by
Overbrook 37468 Llc
Total Days on Market
0
Current Estimated Value
$1,274,442

Purchase Details

Listed on
Mar 7, 2020
Closed on
May 15, 2020
Sold by
Stafford Street Capital
Bought by
Byrd Richard D
Seller's Agent
George Becker
Bryan Realty Group
Buyer's Agent
George Becker
Bryan Realty Group
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.62%
Original Mortgage
$180,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2016
Sold by
Atlantic House Llc
Bought by
Stafford Street Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 12, 2012
Closed on
Apr 8, 2013
Sold by
Hunnicutt Kristin L and Paul Heidi J
Bought by
Atlantic House Llc
Seller's Agent
Shirley Kalvinsky
Jack Lingo - Rehoboth
Buyer's Agent
Charles Renschler
Mann & Sons, Inc.
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Original Mortgage
$350,000
Interest Rate
3.64%
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
Overbrook 37468 Llc -- --
Byrd Richard D $245,000 None Available
Stafford Street Capital Llc $215,000 None Available
Atlantic House Llc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrd Richard $485,000
Previous Owner Byrd Richard D $180,000
Previous Owner Stafford Street Capital Llc $200,000
Previous Owner Atlantic House Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $245,000 -2.0% --
03/07/2020 03/07/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $250,000 +47.1% --
04/12/2013 04/12/13 Sold $170,000 0.0% --
04/12/2013 04/12/13 Pending -- -- --
03/12/2012 03/12/12 For Sale $170,000 -- --
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 $1,984 $2,500 $2,500 $0
2023 $1,982 $2,500 $2,500 $0
2022 $119 $2,500 $2,500 $0
2021 $118 $2,500 $2,500 $0
2020 $117 $2,500 $2,500 $0
2019 $118 $2,500 $2,500 $0
2018 $110 $2,500 $0 $0
2017 $105 $2,500 $0 $0
2016 $100 $2,500 $0 $0
2015 $95 $2,500 $0 $0
2014 $95 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157716

Bright MLS

APN: 334-19.16-26.01