$1,200,000
SOLD SEP 12, 2014

44 Far View Rd Rehoboth Beach, DE 19971

0.96 Acre
$1,250,000 Price per Acre
41,818 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

Highlights

  • Marina
  • Water Access
  • Canal View
  • Rehoboth Elementary School Rated A
  • 0.96 Acre Lot
  • Property borders a national or state park

About This Lot

As of April 2017

North Shores .96 Acre +/- Single Family Building Lot. Fantastic Opportunity To Build Your Dream Home & Enjoy Expansive Views Of The Lewes Rehoboth Canal, Cape Henlopen State Park, Gordon's Pond & Potential Ocean Views. Community Features Private Beach, Marina, Pool & Tennis.

Last Agent to Sell the Property

DERRICK LINGO

Jack Lingo - Rehoboth Listed on: 07/01/2014

Co-Listed By

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023

Last Buyer's Agent

Nick Hammonds

Jack Lingo - Rehoboth License #RS-0020965

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,291

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 100x224x250x286
  • Property borders a national or state park
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $188 Monthly HOA Fees

Additional Features

  • Canal Views
  • Flood Risk
  • Public Hookup Available For Water

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-61.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Indoor Pool
  • Water Access

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$4,291

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
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: North Shores .96 Acre +/- Single Family Building Lot. Fantastic Opportunity To Build Your Dream Home & Enjoy Expansive Views Of The Lewes Rehoboth Canal, Cape Henlopen State Park, Gordon's Pond & Potential Ocean Views. Community Features Private Beach, Marina, Pool & Tennis.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 28.54
  • Street Number Modifier: 44

Exterior Features

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

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Pool - Indoor, Security, Tennis Courts
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Marshy, Trees/Wooded
  • Lot Size Acres: 0.96
  • Lot Size Area: 1
  • Lot Size Description: MarshAcres: 0.45, ClearAcres: 0.51
  • Lot Dimensions: 100x224x250x286
  • Lot Size Units: Acres
  • Lot Sq Ft: 42042.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-08.17-61.00
  • County Tax Payment Frequency: Annually
  • Close Date: 09/12/2014

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Apr 20, 2017
Sold by
98 Fairview Llc
Bought by
Maron Elizabeth D and Maron Jame J
Seller's Agent
Bryce Lingo
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$2,895,000
Sold Price
$2,675,000
Premium/Discount to List
-$220,000
-7.6%
Current Estimated Value
$3,073,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,259
Avg. Annual Appreciation
1.58%
Original Mortgage
$2,140,000
Outstanding Balance
$1,806,796
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,239,240

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 12, 2014
Bought by
98 Fairview Llc
Seller's Agent
DERRICK LINGO
Jack Lingo - Rehoboth
Buyer's Agent
Nick Hammonds
Jack Lingo - Rehoboth
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.79%
Original Mortgage
$18,650,000
Interest Rate
4.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $2,675,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,140,000 New Conventional
Previous Owner $18,650,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $2,675,000 -7.6% $570 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $2,895,000 +141.3% $617 / Sq Ft
09/12/2014 09/12/14 Sold $1,200,000 0.0% $256 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $1,200,000 -- $256 / Sq Ft
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 $4,291 $87,050 $15,000 $72,050
2023 $4,287 $87,050 $15,000 $72,050
2022 $4,137 $87,050 $15,000 $72,050
2021 $4,099 $87,050 $15,000 $72,050
2020 $4,087 $87,050 $15,000 $72,050
2019 $4,093 $87,050 $15,000 $72,050
2018 $3,823 $87,050 $0 $0
2017 $3,661 $87,050 $0 $0
2016 $3,477 $87,050 $0 $0
2015 $573 $87,050 $0 $0
2014 $568 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001001722

Bright MLS

APN: 334-08.17-61.00