NOT LISTED FOR SALE

53 Thompson Ct Rehoboth Beach, DE 19971

Estimated Value: $464,000 - $1,367,000

1.02 Acres
$1,003,177 Price per Acre
44,431 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $850,000

Est. 20% increase in value since last sale

Current estimated payment $5,736/month

About This Lot

As of October 2021

This home is located at 53 Thompson Ct, Rehoboth Beach, DE 19971 since 03 October 2021 and is currently estimated at $1,023,241. 53 Thompson Ct is a home located in Sussex County with nearby schools including Rehoboth Elementary School, Mariner Middle School, and Cape Henlopen High School.

Last Agent to Sell the Property

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 10/03/2021

Jack Lingo - Lewes

Last Buyer's Agent

Bryce Lingo

(302) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,082

Lot Details

  • 1.02 Acre Lot
  • Property is zoned AR1

HOA Fees

  • $137 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Sewer Tap Fee

Listing and Financial Details

  • Assessor Parcel Number 334-13.00-1754.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,082

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 19.08
  • Street Number Modifier: 53

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: Sewer Tap Fee
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1642.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44554.00
  • Zoning: AR1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-13.00-1754.00
  • Close Date: 10/01/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Burkentine Investment Group Llc
Bought by
Burkentine Bryce and Burkentine Kaitlin
Current Estimated Value
$1,023,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2021
Closed on
Sep 30, 2021
Sold by
Corkran 6 Llc
Bought by
Burkentine Invst Grp Llc
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$680,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Burkentine Bryce $1,000,000 Residential Title
Burkentine Invst Grp Llc $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkentine Bryce $750,000
Previous Owner Burkentine Invst Grp Llc $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2021 10/03/21 For Sale $850,000 0.0% --
10/01/2021 10/01/21 Sold $850,000 -- --
10/01/2021 10/01/21 Pending -- -- --
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 $2,082 $0 $0 $0
2024 $370 $0 $0 $0
2023 $369 $0 $0 $0
2022 $356 $0 $0 $0
2021 $353 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2007714

Bright MLS

APN: 334-13.00-1754.00