NOT LISTED FOR SALE

503 Jones Ln Rehoboth Beach, DE 19971

Estimated Value: $539,648 - $2,656,000

0.12 Acre
$14,361,767 Price per Acre
5,225 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $795,000

Est. 117% increase in value since last sale

Current estimated payment $9,532/month

31 Days on Market

Highlights

  • Landscaped
  • Partially Fenced Property
  • 1-minute walk to Rehoboth Canal Walk
  • Rehoboth Elementary School Rated A
  • Back Yard

About This Lot

As of October 2020

This is the ONLY VACANT LOT currently available in Rehoboth Beach city limits. Don't miss this opportunity to build your dream beach home with no builder tie in. Check out the plans we have available from several of the premier builders in town, or design your own home. The location is tucked away on a cul-de-sac with very little traffic yet is still close to the beach, boardwalk, restaurants and shops. Nice to have all the town amenities so close but not be in the middle of it. The community has all its utilities underground and as a bonus the HOA fee includes yard maintenance--lawn cutting, tree trimming & mulching.

Last Agent to Sell the Property

Randy Mason

(302) 236-1142 randy@jacklingo.com Jack Lingo - Rehoboth License #RA-0003542 Listed on: 06/14/2020

Jack Lingo - Rehoboth

Co-Listed By

Shirley Kalvinsky

(302) 227-3883 shirley@jacklingo.com Jack Lingo - Rehoboth License #RA0001681

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $614

Lot Details

  • 5,225 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00
  • Partially Fenced Property
  • Landscaped
  • No Through Street
  • Back Yard
  • Property is zoned TN

HOA Fees

  • $108 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer
  • Municipal Trash

Community Details

  • $1,000 Capital Contribution Fee

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 334-13.20-290.00

Property Details

Property Type

Land

Est. Annual Taxes

$614

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This is the ONLY VACANT LOT currently available in Rehoboth Beach city limits. Don't miss this opportunity to build your dream beach home with no builder tie in. Check out the plans we have available from several of the premier builders in town, or design your own home. The location is tucked away on a cul-de-sac with very little traffic yet is still close to the beach, boardwalk, restaurants and shops. Nice to have all the town amenities so close but not be in the middle of it. The community has all its utilities underground and as a bonus the HOA fee includes yard maintenance--lawn cutting, tree trimming & mulching.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 152.15
  • Street Number Modifier: 503

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 Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1300.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Partially
  • Land Use Code: RV
  • Lot Features: Landscaping, Rear Yard, No Thru Street
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5225.00
  • Year Assessed: 2020
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 319.00
  • Tax Annual Amount: 614.00
  • Assessor Parcel Number: 334-13.20-290.00
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/02/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Oct 2, 2020
Sold by
Lovett Paul D
Bought by
Dole Robin C
Seller's Agent
Randy Mason
Jack Lingo - Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$1,723,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,412
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Apr 15, 2011
Bought by
Lovett Paul Dewitt Iii Lovett

Purchase Details

Closed on
Apr 8, 2011
Bought by
Lovett Paul Dewitt Iii Lovett
Source: Public Records

Range of Values:

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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
Dole Robin C $795,000 None Available
Lovett Paul Dewitt Iii Lovett -- --
Lovett Paul Dewitt Iii Lovett -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $795,000 0.0% --
07/15/2020 07/15/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $795,000 -- --
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
2025 $3,448 $7,500 $7,500 $0
2024 $1,853 $7,500 $7,500 $0
2023 $1,852 $7,500 $7,500 $0
2022 $1,756 $7,500 $7,500 $0
2021 $353 $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

  • Randy Mason

    Seller's Agent in 2020

    Randy Mason

    Jack Lingo - Rehoboth

    (302) 236-1142

    80 in this area

    108 Total Sales

    Randy Mason
    Section Image
  • Shirley Kalvinsky

    Seller Co-Listing Agent in 2020

    Shirley Kalvinsky

    Jack Lingo - Rehoboth

    (302) 227-3883

    36 in this area

    76 Total Sales

    Shirley Kalvinsky
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2020

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    273 in this area

    834 Total Sales

    DEBBIE REED
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU162648

Bright MLS

APN: 334-13.20-290.00

Delaware Sussex County Rehoboth Beach 19971

503 Jones Ln, Rehoboth Beach, DE

This home is located at 503 Jones Ln, Rehoboth Beach, DE 19971 since 14 June 2020 and is currently estimated at $1,723,412. 503 Jones Ln is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

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