NOT LISTED FOR SALE

41 Far View Rd Unit 176 Rehoboth Beach, DE 19971

Estimated Value: $502,612 - $4,561,000

0.36 Acre
$6,365,008 Price per Acre
15,682 Sq Ft Lot

Last Sold December 03, 2018

Last sale price $1,100,000

Est. 108% increase in value since last sale

Current estimated payment $13,253/month

471 Days on Market

Highlights

  • Marina
  • Corner Lot
  • Tennis Courts
  • Rehoboth Elementary School Rated A
  • Community Pool
  • Security Service

About This Lot

As of December 2018

Rare opportunity to build a truly special Beach House in the prestigious community of North Shores of Rehoboth Beach! This location affords you the opportunity to incorporate fabulous views of the Atlantic, Cape Henlopen State Park, and the Lewes-Rehoboth Canal into your home design. The home site is approximately 153' X 103'.

Last Agent to Sell the Property

Michael Bacher

Jack Lingo - Rehoboth Listed on: 07/07/2017

Jack Lingo - Rehoboth

Co-Listed By

Michael Rodriguez

Jack Lingo - Rehoboth License #RS-0017904

Last Buyer's Agent

Michael Bacher

Jack Lingo - Rehoboth Listed on: 07/07/2017

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,172

Year Built

  • 2020

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Impact Fee Building Permits
  • Property is zoned TOWN CODES, TOWN CODES

HOA Fees

  • $188 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-81.00

Community Details

Overview

  • North Shores HOA
  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$3,172

Year Built

2020

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Rare opportunity to build a truly special Beach House in the prestigious community of North Shores of Rehoboth Beach! This location affords you the opportunity to incorporate fabulous views of the Atlantic, Cape Henlopen State Park, and the Lewes-Rehoboth Canal into your home design. The home site is approximately 153' X 103'.
  • Special Features: None
  • Year Built (Public Record): 2020

Interior Features

  • Price Per Sq Ft: 76.46
  • Street Number Modifier: 41

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Pool - Outdoor, Swimming Pool, Security, Tennis Courts
  • HOA Name: NORTH SHORES
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Corner
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Zoning: TOWN CODES
  • Zoning Description: TOWN CODES
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-08.17-81.00
  • County Tax Payment Frequency: Annually
  • Close Date: 12/03/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Michael D Timmeny Revocable Trust and Catherine Connor Revocable Trust
Bought by
Timmeny-Connor Revocable Trust and Timmeny
Total Days on Market
471
Current Estimated Value
$2,291,403

Purchase Details

Listed on
Jul 7, 2017
Closed on
Nov 24, 2018
Sold by
Martin Christian F and Martin Diane S
Bought by
Michael D Timmeny Ret
Seller's Agent
Michael Bacher
Jack Lingo - Rehoboth
Buyer's Agent
Michael Bacher
Jack Lingo - Rehoboth
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Sep 29, 2010
Bought by
Martin Christian F and Mar Diane S

Purchase Details

Closed on
Sep 24, 2010
Bought by
Martin Christian F and Mar Diane S
Source: Public Records

Range of Values:

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Average Value
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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
Timmeny-Connor Revocable Trust -- None Listed On Document
Timmeny-Connor Revocable Trust -- None Listed On Document
Michael D Timmeny Ret $1,100,000 --
Martin Christian F $945,000 --
Martin Christian F $945,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $1,100,000 -8.3% --
10/24/2018 10/24/18 For Sale $1,199,000 0.0% --
10/21/2018 10/21/18 Pending -- -- --
07/04/2018 07/04/18 Price Changed $1,199,000 -7.7% --
07/07/2017 07/07/17 For Sale $1,299,000 -- --
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 $3,172 $7,500 $7,500 $0
2023 $3,169 $7,500 $7,500 $0
2022 $3,058 $7,500 $7,500 $0
2021 $3,030 $7,500 $7,500 $0
2020 $352 $7,500 $7,500 $0
2019 $353 $7,500 $7,500 $0
2018 $329 $7,500 $0 $0
2017 $315 $7,500 $0 $0
2016 $300 $7,500 $0 $0
2015 $286 $7,500 $0 $0
2014 $284 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001567726

Bright MLS

APN: 334-08.17-81.00