NOT LISTED FOR SALE

5 Leeds Way Rehoboth Beach, DE 19971

Rehoboth Beach Area

Estimated Value: $458,000 - $593,000

0.28 Acre
$1,878,571 Price per Acre
12,230 Sq Ft Lot

Sale Details

Date Sold: January 31, 2025

Last sale price $503,800

Est. 4% increase in value since last sale

Current estimated payment $2,869 / mo

59 Days on Market

About This Lot

As of January 2025

Corner lot in coveted Rehoboth Beach Yacht & Country Club! Available with no builder tie-in or timeframe to build or as a lot home package with CRX Construction. Build your dream home convenient to Rehoboth and Dewey beaches, restaurants, & attractions. Convenient to Rehoboth Beach Country Club as well. Not many lots left in Rehoboth Beach Country Club!

Last Agent to Sell the Property

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 07/14/2024

Monument Sotheby's International Realty

Last Buyer's Agent

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $252

Lot Details

  • 12,230 Sq Ft Lot
  • Property is zoned MR

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Views of Woods

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 334-19.00-528.00

Community Details

Overview

  • Rehoboth Beach Yacht And CC Subdivision

Recreation

  • Water Oriented
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$252

Lot Details

0.28 Acres

HOA Fees

$15 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 42.93

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Water Body Name: Rehoboth Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12230.00
  • Zoning: MR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 228.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 252.00
  • Assessor Parcel Number: 334-19.00-528.00
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

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

Listed on
Jul 14, 2024
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$525,000
Sold Price
$503,800
Premium/Discount to List
-$21,200
-4.04%
Views
32
Current Estimated Value
$526,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,200
Avg. Annual Appreciation
2.92%
Original Mortgage
$1,440,000
Outstanding Balance
$1,419,974
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
-$893,974

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Andy Staton
Monument Sotheby's International Realty
Buyer's Agent
Kim Hamer
Monument Sotheby's International Realty
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rehoboth Beach, DE

  • Joseph Maggio Real Estate Agent - Dave McCarthy & Associates, Inc.

    Joseph Maggio

    Dave McCarthy & Associates, Inc.

    (302) 253-7949

    90 Total Sales

    37 in Rehoboth Beach

    $225K - $3.2M Price Range

    Joseph Maggio
     Section Image
  • Sean Ruppert Real Estate Agent - Logan Skye Realty

    Sean Ruppert

    Logan Skye Realty

    (202) 524-9672

    21 Total Sales

    1 in Rehoboth Beach

    $4,000,000 Price

    Sean Ruppert
     Section Image
  • Denny Horner Real Estate Agent - The Parker Group

    Denny Horner

    The Parker Group

    (202) 931-6634

    123 Total Sales

    1 in Rehoboth Beach

    $375,000 Price

    Denny Horner
     Section Image
  • Dennis Snavely Real Estate Agent - RE/MAX Elite

    Dennis Snavely

    RE/MAX Elite

    (484) 779-1618

    123 Total Sales

    1 in Rehoboth Beach

    $379,900 Price

    Dennis Snavely
     Section Image
  • Vicky Lawson Real Estate Agent - Long & Foster Real Estate, Inc.

    Vicky Lawson

    Long & Foster Real Estate, Inc.

    (856) 517-2783

    148 Total Sales

    1 in Rehoboth Beach

    $320,000 Price

    Vicky Lawson
     Section Image
  • Penny Hollis Real Estate Agent - Samson Properties

    Penny Hollis

    Samson Properties

    (667) 243-8212

    87 Total Sales

    1 in Rehoboth Beach

    $450,000 Price

    Penny Hollis
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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
$503,800 None Listed On Document
$400,000 None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,440,000
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 Prior Sale
01/31/2025 01/31/25 Sold $503,800 -4.0% --
07/14/2024 07/14/24 For Sale $525,000 +31.3% --
10/14/2023 10/14/23 Sold $400,000 -11.1% -- View Prior Sale
08/28/2023 08/28/23 Price Changed $449,900 0.0% --
08/28/2023 08/28/23 For Sale $449,900 +12.5% --
06/14/2023 06/14/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $400,000 -- --
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 $761 $7,100 $7,100 $0
2024 $261 $7,100 $7,100 $0
2023 $261 $7,100 $7,100 $0
2022 $252 $7,100 $7,100 $0
2021 $250 $7,100 $7,100 $0
2020 $333 $7,100 $7,100 $0
2019 $334 $7,100 $7,100 $0
2018 $312 $7,100 $0 $0
2017 $299 $7,100 $0 $0
2016 $284 $7,100 $0 $0
2015 $271 $7,100 $0 $0
2014 $269 $7,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer Real Estate Agent - OCEAN ATLANTIC SOTHEBYS

    Seller's Agent in 2025

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    239 Total Sales

    Kim Hamer
    Section Image
  • DEBBIE REED Real Estate Agent - RE/MAX

    Buyer's Agent in 2025

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    735 Total Sales

    DEBBIE REED
    Section Image
  • Ashlee Reed Real Estate Agent - RE/MAX

    Buyer Co-Listing Agent in 2025

    Ashlee Reed

    RE/MAX

    (443) 254-2360

    32 Total Sales

    Ashlee Reed
    Section Image
  • Andy Staton Real Estate Agent - OCEAN ATLANTIC SOTHEBYS

    Seller's Agent in 2023

    Andy Staton

    OCEAN ATLANTIC SOTHEBYS

    (302) 841-2127

    188 Total Sales

    Andy Staton
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2066388

Bright MLS

APN: 334-19.00-528.00

Delaware Sussex County Rehoboth Beach 19971

5 Leeds Way, Rehoboth Beach, DE

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Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
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