NOT LISTED FOR SALE

Estimated Value: $3,842,701 - $7,490,000

0.15 Acres
$34,988,227 Price per Acre
6,500 Sq Ft Lot

Sale Details

Date Sold: September 7, 2012

Last sale price $1,268,500

Est. 314% increase in value since last sale

Current estimated payment $28,797 / 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bought by
Current Estimated Value
$5,248,234

Purchase Details

Listed on
Aug 7, 2012
Closed on
Sep 10, 2012
Sold by
Bought by
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
10.90%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Sep 7, 2012
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,575,000 None Available
$1,268,500 --
$1,268,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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