NOT LISTED FOR SALE

38 Blackpool Rd Unit 55 Rehoboth Beach, DE 19971

Estimated Value: $422,461 - $2,419,000

0.27 Acre
$5,354,130 Price per Acre
11,761 Sq Ft Lot

Last Sold September 24, 2015

Last sale price $229,000

Est. 531% increase in value since last sale

Current estimated payment $7,924/month

About This Lot

As of September 2015

Long Awaited Final Phase of RBYCC! Interior Lot Located on Desirable Blackpool Road. Grading & Clearing Complete. Only 2.5 Miles From The Beach, Boardwalk & Rehoboth Avenue. No Builder Tie-In.

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 07/28/2015

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

DEBBIE REED

RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,679

Year Built

  • 2018

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 93x120x101x120
  • Cleared Lot
  • Partially Wooded Lot
  • Impact Fee Building Permits
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $29 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Community Details

  • Rehoboth Beach Yacht And Cc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-549.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,679

Year Built

2018

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Insurance: Yes
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Long Awaited Final Phase of RBYCC! Interior Lot Located on Desirable Blackpool Road. Grading & Clearing Complete. Only 2.5 Miles From The Beach, Boardwalk & Rehoboth Avenue. No Builder Tie-In.
  • Special Features: None
  • Year Built (Public Record): 2018

Interior Features

  • Price Per Sq Ft: 19.70
  • Street Number Modifier: 38

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

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Crops Included: No
  • Lot Features: Cleared, Partly Wooded
  • Lot Size Acres: 0.27
  • Lot Size Area: 11627
  • Lot Dimensions: 93X120X101X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11627.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.00-549.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/24/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 22, 2015
Sold by
Great South Beach Improvement Company
Bought by
Tekmen Ilyas
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$229,000
Sold Price
$229,000
Total Days on Market
0
Current Estimated Value
$1,445,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,216,615
Avg. Annual Appreciation
20.36%
Original Mortgage
$171,750
Interest Rate
3.9%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Tekmen Ilyas $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tekmen Ilyas $325,000
Closed Tekeman Ilyas $271,000
Closed Tekmen Ilyas $200,000
Closed Tekmen Ilyas $275,000
Closed Tekman Ilyas $171,750
Closed Tekmen Ilyas $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold $229,000 0.0% --
07/28/2015 07/28/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $229,000 -- --
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 $2,679 $6,400 $6,400 $0
2023 $2,677 $6,400 $6,400 $0
2022 $2,583 $6,400 $6,400 $0
2021 $2,559 $6,400 $6,400 $0
2020 $2,552 $6,400 $6,400 $0
2019 $2,555 $6,400 $6,400 $0
2018 $2,387 $54,350 $0 $0
2017 $269 $6,400 $0 $0
2016 $256 $6,400 $0 $0
2015 $244 $6,400 $0 $0
2014 $242 $6,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryce Lingo

    Seller's Agent in 2015

    Bryce Lingo

    Jack Lingo - Rehoboth

    (302) 226-6417

    203 in this area

    392 Total Sales

    Bryce Lingo
    Section Image
  • Shaun Tull

    Seller Co-Listing Agent in 2015

    Shaun Tull

    Jack Lingo - Rehoboth

    (302) 226-6417

    184 in this area

    299 Total Sales

    Shaun Tull
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2015

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    302 in this area

    895 Total Sales

    DEBBIE REED
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001008756

Bright MLS

APN: 334-19.00-549.00

Delaware Sussex County Rehoboth Beach 19971

38 Blackpool Rd Unit 55, Rehoboth Beach, DE

This home is located at 38 Blackpool Rd Unit 55, Rehoboth Beach, DE 19971 since 28 July 2015 and is currently estimated at $1,445,615. This property was built in 2018. 38 Blackpool Rd Unit 55 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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