NOT LISTED FOR SALE

38340 Josephine St Rehoboth Beach, DE 19971

Estimated Value: $709,000 - $1,295,000

0.11 Acre
$7,972,700 Price per Acre
4,792 Sq Ft Lot

Last Sold July 01, 2023

Last sale price $735,000

Est. 19% increase in value since last sale

Current estimated payment $4,914/month

33 Days on Market

About This Lot

As of July 2023

This lot is on the desirable East side of Route 1. It is on a quiet street and already has a water and sewer tie-in. It is nestled into a local area referred to as the forgotten mile. It is close to Rehoboth Ave, Rehoboth and Dewey beaches, restaurants and shopping outlets. Pick your own builder and create your piece of heaven. This gem is ready for you to build your dream home! There are virtual home shots in the pictures to show as examples.

Last Agent to Sell the Property

diane kenny

KW Greater West Chester License #RS329354 Listed on: 03/29/2023

KW Greater West Chester

Co-Listed By

Carolyn Smith

KW Greater West Chester License #RS303458

Last Buyer's Agent

RON JACKSON

Patterson-Schwartz-Newark

Patterson-Schwartz-Newark

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,264

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned MR

Community Details

  • No Home Owners Association
  • Spring Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-20.09-143.02

Property Details

Property Type

Land

Est. Annual Taxes

$1,264

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 166.94
  • Street Number Modifier: 38340

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
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1146.00
  • Tax Annual Amount: 1264.00
  • Assessor Parcel Number: 334-20.09-143.02
  • County Tax Payment Frequency: Annually
  • Close Date: 07/01/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 29, 2023
Sold by
Mccauley Maureen and Mccauley Gregory
Bought by
Ralk Properties Llc
Seller's Agent
diane kenny
KW Greater West Chester
Buyer's Agent
RON JACKSON
Patterson-Schwartz-Newark
List Price
$800,000
Sold Price
$735,000
Premium/Discount to List
-$65,000
-8.12%
Total Days on Market
33
Views
131
Current Estimated Value
$876,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,997
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Internal Revenue Service
Bought by
Mccauley Maureen and Mccauley Gregory

Purchase Details

Closed on
Dec 14, 2000
Bought by
Maliszewski Christopher J
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
Ralk Properties Llc $735,000 None Listed On Document
Mccauley Maureen $457,000 --
Maliszewski Christopher J $229,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Sold $735,000 -8.1% --
05/01/2023 05/01/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $800,000 -- --
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 $565 $26,600 $5,000 $21,600
2023 $565 $26,600 $5,000 $21,600
2022 $1,583 $26,600 $5,000 $21,600
2021 $1,571 $26,600 $5,000 $21,600
2020 $1,566 $26,600 $5,000 $21,600
2019 $1,547 $26,600 $5,000 $21,600
2018 $1,168 $26,600 $0 $0
2017 $1,119 $26,600 $0 $0
2016 $1,098 $26,600 $0 $0
2015 $1,051 $26,600 $0 $0
2014 $1,043 $26,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • diane kenny

    Seller's Agent in 2023

    diane kenny

    KW Greater West Chester

    (954) 661-8847

    1 in this area

    46 Total Sales

    diane kenny
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Carolyn Smith

    KW Greater West Chester

    (610) 805-7196

    1 in this area

    11 Total Sales

    Carolyn Smith
    Section Image

  • R

    Buyer's Agent in 2023

    RON JACKSON

    Patterson Schwartz

    (302) 379-1960

    2 in this area

    6 Total Sales

    RON JACKSON
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2038762

Bright MLS

APN: 334-20.09-143.02

Delaware Sussex County Rehoboth Beach 19971

38340 Josephine St, Rehoboth Beach, DE

This home is located at 38340 Josephine St, Rehoboth Beach, DE 19971 since 29 March 2023 and is currently estimated at $876,997. 38340 Josephine St 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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