NOT LISTED FOR SALE

40 Blackpool Rd Unit 56 Rehoboth Beach, DE 19971

Estimated Value: $1,372,473 - $1,765,000

0.28 Acre
$5,486,136 Price per Acre
12,197 Sq Ft Lot

Last Sold October 22, 2015

Last sale price $239,000

Est. 543% increase in value since last sale

Current estimated payment $8,364/month

About This Lot

As of October 2015

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

Last Agent to Sell the Property

Bryce Lingo

Jack Lingo - Rehoboth License #RA-0001746 Listed on: 08/26/2015

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Allen Jarmon

NextHome Tomorrow Realty License #RA-0002913

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,181

Year Built

  • 2016

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 89x125x115x120
  • Cleared Lot
  • Partially Wooded Lot
  • Impact Fee Building Permits
  • Zoning described as GENERAL 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 334-19.00-550.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,181

Year Built

2016

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 Beach, Boardwalk & Rehoboth Avenue. No Builder Tie-In.
  • Special Features: None
  • Year Built (Public Record): 2016

Interior Features

  • Price Per Sq Ft: 19.59
  • Street Number Modifier: 40

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: 0.28
  • Lot Dimensions: 89x125x115x120
  • Lot Size Units: Acres
  • Lot Sq Ft: 12197.00
  • Zoning Description: GENERAL RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.00-550.00
  • County Tax Payment Frequency: Annually
  • Close Date: 10/22/2015

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Schweizer Mark S and Voelker Robert M
Bought by
Matey Mark and Kottoff Jay
Total Days on Market
0
Current Estimated Value
$1,536,118

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 22, 2015
Sold by
Great South Beach Improvement Co
Bought by
Schweizer Mark S and Voelker Robert M
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Allen Jarmon
NextHome Tomorrow Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$167,300
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Similar Property in Rehoboth Beach, DE

  • 20968 Coastal Hwy, Rehoboth Beach, DE 19971

    $1,500,000

    • Land
    • 0.23 Acre
    • $6,521,739 per Acre
    • 20968 Coastal Hwy
    • Rehoboth Beach, DE

    Commercial / Residential double lot measuring 100 x 100 zoned C-1.Many opportunities available with incredible visibility situated perfectly on Coastal Highway just north of Dewey Beach. Take advantage of southbound, slowing traffic to attract customers to your retail space, service business or office space. Sussex County recently approved site plans for a 5000 sq office w/ 19 parking spaces. Or

    JEANMARIE CLAVIER Jack Lingo - Rehoboth

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Matey Mark $1,475,000 None Listed On Document
Schweizer Mark S $239,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schweizer Mark S $75,000
Previous Owner Schweizer Mark S $300,000
Previous Owner Schweizer Mark S $100,000
Previous Owner Schweizer Mark S $167,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $239,000 0.0% --
08/26/2015 08/26/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $239,000 -- --
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 $2,181 $44,250 $6,250 $38,000
2023 $2,179 $44,250 $6,250 $38,000
2022 $2,103 $44,250 $6,250 $38,000
2021 $2,084 $44,250 $6,250 $38,000
2020 $2,077 $44,250 $6,250 $38,000
2019 $2,081 $44,250 $6,250 $38,000
2018 $1,943 $44,250 $0 $0
2017 $1,861 $44,250 $0 $0
2016 $1,674 $41,900 $0 $0
2015 $239 $6,250 $0 $0
2014 $237 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001008414

Bright MLS

APN: 334-19.00-550.00