NOT LISTED FOR SALE

Estimated Value: $403,568 - $2,662,000

0.18 Acre
$8,438,289 Price per Acre
8,034 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $705,000

Est. 115% increase in value since last sale

Current estimated payment $8,399/month

Highlights

  • Canal View
  • No HOA
  • 3-minute walk to Rehoboth Canal Walk
  • Rehoboth Elementary School Rated A

About This Lot

As of November 2020

Rare opportunity to build a custom home on this oversized, vacant lot available in Rehoboth with potential for views of the canal. Great location for walking and biking to shops, restaurants, beach, state park, and everything Rehoboth has to offer. Survey attached in MLS documents. Corner parcel also available for sale with this lot for an additional cost and is not included in this price. Photos coming soon!

Last Agent to Sell the Property

Elizabeth Barnhart

(302) 236-3696 liz.barnhart@oasir.net Monument Sotheby's International Realty License #RS-0022510 Listed on: 09/16/2020

Monument Sotheby's International Realty

Co-Listed By

CELIA BENJAMIN

(301) 370-7588 celiabenjamin@northroprealty.com Northrop Realty

Last Buyer's Agent

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #RS-0017091

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $889

Lot Details

  • 8,034 Sq Ft Lot
  • Lot Dimensions are 59.00 x 144.00
  • Property is zoned TN

Property Views

  • Canal Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-19.08-89.00

Property Details

Property Type

Land

Est. Annual Taxes

$889

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Expected On Market: 2020-09-18
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to build a custom home on this oversized, vacant lot available in Rehoboth with potential for views of the canal. Great location for walking and biking to shops, restaurants, beach, state park, and everything Rehoboth has to offer. Survey attached in MLS documents. Corner parcel also available for sale with this lot for an additional cost and is not included in this price. Photos coming soon!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 87.75
  • Street Number Modifier: 507

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.18
  • Lot Dimensions: 59.00 x 144.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8034.00
  • Year Assessed: 2020
  • Zoning: TN
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5201664
  • School Tax: 642.00
  • Tax Annual Amount: 889.00
  • Assessor Parcel Number: 334-19.08-89.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/20/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 16, 2020
Sold by
Lee Street 507 Llc
Bought by
Campbell Adam D and Campbell Renee L
Seller's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,518,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,892
Avg. Annual Appreciation
14.37%
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 Buyer Sale Price Title Company
Campbell Adam D $705,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $705,000 0.0% --
10/06/2020 10/06/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $705,000 -- --
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 $4,151 $15,100 $8,100 $7,000
2024 $2,166 $15,100 $8,100 $7,000
2023 $2,164 $15,100 $8,100 $7,000
2022 $2,089 $15,100 $8,100 $7,000
2021 $711 $15,100 $8,100 $7,000
2020 $709 $15,100 $8,100 $7,000
2019 $710 $15,100 $8,100 $7,000
2018 $663 $15,100 $0 $0
2017 $635 $15,100 $0 $0
2016 $603 $15,100 $0 $0
2015 $576 $15,100 $0 $0
2014 $572 $15,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169302

Bright MLS

APN: 334-19.08-89.00