NOT LISTED FOR SALE

42 Blackpool Rd Unit 57 Rehoboth Beach, DE 19971

Estimated Value: $1,439,000 - $1,799,000

0.28 Acre
$5,592,857 Price per Acre
12,197 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $294,000

Est. 433% increase in value since last sale

Current estimated payment $9,027/month

1,258 Days on Market

About This Lot

As of May 2019

Long awaited final phase of RBYCC! Interior lot located on desirable Blackpool road. Grading & clearing omplete. 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: 09/24/2015

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,482

Year Built

  • 2021

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85x120x117x125
  • Cleared Lot
  • Impact Fee Building Permits
  • Property is zoned MR, MEDIUM 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 334-19.00-551.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,482

Year Built

2021

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 omplete. Only 2.5 miles from beach, boardwalk & Rehoboth avenue. No builder tie-in.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2021

Interior Features

  • Price Per Sq Ft: 24.10
  • Street Number Modifier: 42

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: Private, 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

  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.28
  • Lot Dimensions: 85x120x117x125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Zoning: MR
  • Zoning Description: MEDIUM RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-19.00-551.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 05/30/2019

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Zolper Carl W
Bought by
Zolper Carl W and Zilper Kelly J
Total Days on Market
1258
Current Estimated Value
$1,566,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Outstanding Balance
$637,427
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$874,240

Purchase Details

Closed on
Nov 18, 2020
Sold by
Armstrong Teresa L and Geneine-Jessee Shera
Bought by
Zolper Carl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,900
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 24, 2015
Closed on
May 28, 2019
Sold by
Great South Beach Imp Co
Bought by
Shera Armstrong Teresa L and Shera Geneine-Jessee
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$294,000
Sold Price
$294,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.26%
Source: Public Records

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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
Zolper Carl W -- None Available
Zolper Carl W $331,000 None Available
Shera Armstrong Teresa L $294,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zolper Carl W $697,000
Closed Zolper Kelly J $697,000
Previous Owner Zolper Carl W $297,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $294,000 0.0% --
03/05/2019 03/05/19 Pending -- -- --
09/24/2015 09/24/15 For Sale $294,000 +9.3% --
09/24/2015 09/24/15 For Sale $269,000 -- --
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 $2,482 $5,950 $5,950 $0
2023 $2,480 $5,950 $5,950 $0
2022 $2,393 $5,950 $5,950 $0
2021 $280 $5,950 $5,950 $0
2020 $279 $5,950 $5,950 $0
2019 $280 $5,950 $5,950 $0
2018 $261 $5,950 $0 $0
2017 $250 $5,950 $0 $0
2016 $238 $5,950 $0 $0
2015 $227 $5,950 $0 $0
2014 $225 $5,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001565700

Bright MLS

APN: 334-19.00-551.00