NOT LISTED FOR SALE

38390 F Benson St Rehoboth Beach, DE 19971

Estimated Value: $666,000 - $2,453,000

0.11 Acre
$14,015,155 Price per Acre
5,001 Sq Ft Lot

Last Sold September 10, 2019

Last sale price $560,000

Est. 175% increase in value since last sale

Current estimated payment $8,448/month

Highlights

  • No HOA
  • Rehoboth Elementary School Rated A
  • Shed

About This Lot

As of September 2019

Three blocks to the ocean and east of Route 1 in Killen's Addition! Perfect spot for your dream home. This 50 x 100 lot is fenced and comes with a shed. Available with no builder tie-in and no timeframe to build or as a lot home package. Convenient to Dewey and Rehoboth attractions and easy walk to the beach on Chesapeake Street! Start living beach life today!

Last Agent to Sell the Property

Kim Hamer

(302) 745-9914 kim.hamer@oasir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 06/03/2019

Monument Sotheby's International Realty

Last Buyer's Agent

Allen Jarmon

(302) 745-5122 ajarmon113@gmail.com NextHome Tomorrow Realty License #RA-0002913

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $220

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 334-20.09-152.01

Community Details

Overview

  • No Home Owners Association
  • Killens Addition Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$220

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Inclusions: Shed and fence
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Three blocks to the ocean and east of Route 1 in Killen's Addition! Perfect spot for your dream home. This 50 x 100 lot is fenced and comes with a shed. Available with no builder tie-in and no timeframe to build or as a lot home package. Convenient to Dewey and Rehoboth attractions and easy walk to the beach on Chesapeake Street! Start living beach life today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 114.96
  • Street Number Modifier: 38390

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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
  • Land Use Code: RV
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Year Assessed: 2018
  • Zoning: L
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5203037
  • School Tax: 197.00
  • Tax Annual Amount: 220.00
  • Assessor Parcel Number: 334-20.09-152.01
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/10/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Sep 13, 2019
Sold by
Obrien Kevin
Bought by
Reilly Daniel J and Towhidian-Reilly Heather
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$574,900
Sold Price
$560,000
Premium/Discount to List
-$14,900
-2.59%
Current Estimated Value
$1,541,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,667
Avg. Annual Appreciation
18.22%
Original Mortgage
$448,000
Outstanding Balance
$392,413
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,149,254

Purchase Details

Closed on
Dec 7, 2014
Bought by
Obrien Kevin

Purchase Details

Closed on
Dec 30, 2013
Sold by
Benson Development Group Llc
Bought by
Brien Kevin O
Source: Public Records

Range of Values:

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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
Reilly Daniel J $560,000 --
Obrien Kevin $420,000 --
Brien Kevin O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Daniel J $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $560,000 -2.6% --
07/26/2019 07/26/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $574,900 0.0% --
06/15/2019 06/15/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $574,900 -- --
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
2025 $3,286 $5,000 $5,000 $0
2024 $1,829 $5,000 $5,000 $0
2023 $1,828 $5,000 $5,000 $0
2022 $556 $5,000 $5,000 $0
2021 $554 $5,000 $5,000 $0
2020 $552 $5,000 $5,000 $0
2019 $531 $5,000 $5,000 $0
2018 $220 $5,000 $0 $0
2017 $210 $5,000 $0 $0
2016 $235 $5,000 $0 $0
2015 $226 $5,000 $0 $0
2014 $225 $5,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2019

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    96 in this area

    279 Total Sales

    Kim Hamer
    Section Image
  • Allen Jarmon

    Buyer's Agent in 2019

    Allen Jarmon

    NextHome Tomorrow Realty

    (302) 745-5122

    35 in this area

    76 Total Sales

    Allen Jarmon
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU141662

Bright MLS

APN: 334-20.09-152.01

Delaware Sussex County Rehoboth Beach 19971

38390 F Benson St, Rehoboth Beach, DE

This home is located at 38390 F Benson St, Rehoboth Beach, DE 19971 since 03 June 2019 and is currently estimated at $1,541,667. 38390 F Benson 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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