$134,500
SOLD MAY 10, 2018

5 Stockley St Rehoboth Beach, DE 19971

2.51 Acres
$53,586 Price per Acre
109,336 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

10% Below List Price

299 Days on Market

About This Lot

As of January 2021

NO FEES NO RESTRICTIONS. 2.51 Acres Cleared Lot. Build Your Home and Pole Building. Approximately 5 Miles from Lewes and Five Points. Awaiting Updated Site Evaluation. Additional Lots Can Be Made Available.

Last Agent to Sell the Property

BILL PEIFFER

Patterson-Schwartz-Rehoboth License #RB-0020663 Listed on: 06/07/2017

Patterson-Schwartz-Rehoboth

Last Buyer's Agent

RUSSELL CHANDLER

Keller Williams Realty Central-Delaware

Keller Williams Realty Central-Delaware

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,123

Lot Details

  • 2.51 Acre Lot
  • Cleared Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Location

  • Flood Risk

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-05.00-53.12

Property Details

Property Type

Land

Est. Annual Taxes

$4,123

Lot Details

0

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
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: NO FEES NO RESTRICTIONS. 2.51 Acres Cleared Lot. Build Your Home and Pole Building. Approximately 5 Miles from Lewes and Five Points. Awaiting Updated Site Evaluation. Additional Lots Can Be Made Available.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.28
  • Street Number Modifier: Lot 5

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: No Sewer System
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 2.51
  • Lot Size Area: 3
  • Lot Size Units: Acres
  • Lot Sq Ft: 109336.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12483324
  • Assessor Parcel Number: 234-05.00-53.12
  • County Tax Payment Frequency: Annually
  • Close Date: 05/10/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 20, 2021
Sold by
Linda J George T
Bought by
Fishkin Zair and Nengel-Fishkin Darby R
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Carrie Lingo
Jack Lingo - Lewes
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Current Estimated Value
$3,417,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,104
Avg. Annual Appreciation
1.80%
Original Mortgage
$2,400,000
Outstanding Balance
$2,167,476
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,302,024

Purchase Details

Closed on
Jan 7, 2016
Sold by
Horsey Henry R and George Horsey Linda
Bought by
Indenture Of Trust Of Linda J George
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 $3,200,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,400,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $3,200,000 -8.6% $1,067 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $3,500,000 +2502.2% $1,167 / Sq Ft
05/10/2018 05/10/18 Sold $134,500 -3.6% $47 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $139,500 -6.7% $49 / Sq Ft
06/07/2017 06/07/17 For Sale $149,500 -- $52 / 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 $4,123 $83,650 $25,000 $58,650
2023 $4,119 $83,650 $25,000 $58,650
2022 $3,976 $83,650 $25,000 $58,650
2021 $3,939 $83,650 $25,000 $58,650
2020 $3,927 $83,650 $25,000 $58,650
2019 $3,933 $83,650 $25,000 $58,650
2018 $3,673 $83,650 $0 $0
2017 $3,518 $83,650 $0 $0
2016 $3,341 $83,650 $0 $0
2015 $2,693 $83,650 $0 $0
2014 $2,669 $83,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001585006

Bright MLS

APN: 334-20.06-9.04