NOT LISTED FOR SALE

Estimated Value: $3,885,351 - $7,197,000

0.15 Acre
$34,167,447 Price per Acre
6,500 Sq Ft Lot

Sale Details

Date Sold: September 7, 2012

Last sale price $1,268,500

Est. 304% increase in value since last sale

Current estimated payment $28,547 / mo

14 Days on Market

Highlights

  • Ocean View
  • Pier or Dock
  • No HOA
  • Rehoboth Elementary School Rated A
  • Water Access

About This Lot

As of September 2012

Great Opportunity To Build In One Of The Most Desired Locations In Rehoboth/Dewey Beach- Silver Lake Dunes. Located One-Off The Ocean & Silver Lake With Great Potential For Unbelievable Views. Great Value w/in 50 Feet From Beach & Easy Access To Downtown Rehoboth & Boardwalk From East Lake Drive.

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/07/2012

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/07/2012

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65x100
  • Cleared Lot

Additional Features

  • Ocean Views
  • Public Hookup Available For Water

Listing and Financial Details

  • Assessor Parcel Number 334-20.10-3.01

Community Details

Overview

  • No Home Owners Association
  • Silver Lake Dunes Subdivision

Recreation

  • Pier or Dock
  • Water Access

Property Details

Property Type

Land

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 214.62

Exterior Features

  • Construction Completed: No
  • View: Ocean
  • Water Access: Yes
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock
  • HOA: No

Lot Info

  • Crops Included: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.15
  • Lot Dimensions: 65x100
  • Lot Size Units: Acres
  • Lot Sq Ft: 6500.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-20.10-3.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Stathis John L and Stathis Jennifer M
Bought by
Casga Properties 2 Llc
Current Estimated Value
$5,125,117

Purchase Details

Listed on
Aug 7, 2012
Closed on
Sep 10, 2012
Sold by
Donnelly Jeffrey R and Donelly Patricia
Bought by
Stathis John L and Stathis Jennifer M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,268,500
Sold Price
$1,268,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Sep 7, 2012
Sold by
Donnelly Jeffrey R and Donelly Patricia
Bought by
Stathis John L and Stathis Jennifer M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,268,500
Sold Price
$1,268,500
Source: Public Records
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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
Casga Properties 2 Llc $4,575,000 None Available
Stathis John L $1,268,500 --
Stathis John L $1,268,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2012 09/07/12 Sold $1,268,500 0.0% --
08/21/2012 08/21/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $1,268,500 -- --
Source: Bright MLS

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 $11,336 $114,450 $26,000 $88,450
2024 $5,960 $114,450 $26,000 $88,450
2023 $5,955 $114,450 $26,000 $88,450
2022 $5,758 $114,450 $26,000 $88,450
2021 $5,708 $114,450 $26,000 $88,450
2020 $5,691 $114,450 $26,000 $88,450
2019 $5,677 $114,450 $26,000 $88,450
2018 $5,026 $114,450 $0 $0
2017 $4,813 $114,450 $0 $0
2016 $4,585 $114,450 $0 $0
2015 $4,283 $111,850 $0 $0
2014 $4,251 $111,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000999302

Bright MLS

APN: 334-20.10-3.01

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