NOT LISTED FOR SALE

7 Harbor Rd Unit 46 Rehoboth Beach, DE 19971

Estimated Value: $1,644,000 - $2,957,000

0.58 Acre
$4,110,919 Price per Acre
25,265 Sq Ft Lot

Last Sold May 08, 2018

Last sale price $1,475,000

Est. 62% increase in value since last sale

Current estimated payment $13,494/month

9 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Marina
  • Pier
  • Rehoboth Elementary School Rated A
  • 1 Dock Slip
  • Pier or Dock

About This Lot

As of May 2018

Rarely Offered Canal Front Building Lot in North Shores. Love nature and Tranquility? You?ll have front and center views from your own private dock of the Lewes Rehoboth Canal. Your dreams come true where you?ll take witness to some of the best sunsets ever! No builder tie in or time limit to build on this premium .57 acre waterfront home site. Community has the best in resort-style living: marina, pool, tennis, security, and private beach (umbrella concierge service). Also: Steps away from Gordon?s Pond; an incredible walking/biking trail that takes you clear though to Lewes, Delaware!

Last Listed By

Tracy Kelley

Jack Lingo - Rehoboth License #RA-0031023 Listed on: 02/27/2018

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,045

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 101x249
  • 101 Feet of Waterfront
  • Partially Wooded Lot
  • Impact Fee Building Permits
  • Zoning described as AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $188 Monthly HOA Fees

Property Views

  • Canal Views

Utilities

  • Water Service Lateral Not Installed
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-14.05-28.00

Community Details

Overview

  • North Shores Subdivision

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Pier
  • Water Access
  • Property is near a canal
  • 1 Dock Slip
  • Lake Privileges

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$1,045

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Remarks Public: Rarely Offered Canal Front Building Lot in North Shores. Love nature and Tranquility? You?ll have front and center views from your own private dock of the Lewes Rehoboth Canal. Your dreams come true where you?ll take witness to some of the best sunsets ever! No builder tie in or time limit to build on this premium .57 acre waterfront home site. Community has the best in resort-style living: marina, pool, tennis, security, and private beach (umbrella concierge service). Also: Steps away from Gordon?s Pond; an incredible walking/biking trail that takes you clear though to Lewes, Delaware!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 59.46
  • Street Number Modifier: 7

Exterior Features

  • Construction Completed: No
  • View: Canal
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 101

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public, Lateral Not Installed/Must Tap Off Main, Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Marina/Marina Club, Pier/Dock, Pool - Outdoor, Swimming Pool, Security, Tennis Courts, Water/Lake Privileges
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Partly Wooded
  • Lot Size Acres: 0.58
  • Lot Size Area: 25212
  • Lot Dimensions: 101x249
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25212.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 334-14.05-28.00
  • County Tax Payment Frequency: Annually
  • Close Date: 05/08/2018

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 5, 2018
Sold by
Harbor Road Realty Llc
Bought by
22 Tidewaters Road Llc
Seller's Agent
Tracy Kelley
Jack Lingo - Rehoboth
Buyer's Agent
Bryce Lingo
Jack Lingo - Rehoboth
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%
Total Days on Market
9
Current Estimated Value
$2,384,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,333
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Sep 21, 1997
Bought by
Harbor Road Realty Llc

Range of Values:

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Average Value
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List Price
Sold Price
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Similar Property in Rehoboth Beach, DE

  • 7 Harbor Rd, Rehoboth Beach, DE 19971

    $2,995,000

    • Land
    • 0.58 Acre
    • $5,163,793 per Acre
    • 7 Harbor Rd
    • Rehoboth Beach, DE

    Amazing canal-front building lot in the exclusive community of North Shores that offers stunning views of the Lewes & Rehoboth Canal and incredible sunsets. This is a rare opportunity to build the home of your dreams in a private and scenic setting with your own pier and dock. Enjoy relaxing boat rides down the canal, kayaking, jet skiing, fishing and more. This building lot provides enough room

    Bryce Lingo Jack Lingo - Rehoboth

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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
22 Tidewaters Road Llc $1,475,000 --
Harbor Road Realty Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $1,475,000 -1.6% --
03/08/2018 03/08/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,499,000 -- --
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
2024 $1,045 $21,200 $21,200 $0
2023 $1,044 $21,200 $21,200 $0
2022 $1,008 $21,200 $21,200 $0
2021 $998 $21,200 $21,200 $0
2020 $995 $21,200 $21,200 $0
2019 $997 $21,200 $21,200 $0
2018 $931 $21,200 $0 $0
2017 $892 $21,200 $0 $0
2016 $847 $21,200 $0 $0
2015 $809 $21,200 $0 $0
2014 $803 $21,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001036244

Bright MLS

APN: 334-14.05-28.00