NOT LISTED FOR SALE

81 Blackpool Rd Rehoboth Beach, DE 19971

Estimated Value: $295,266 - $3,256,000

0.79 Acre
$2,391,541 Price per Acre
34,412 Sq Ft Lot

Last Sold June 29, 2020

Last sale price $1,125,000

Est. 68% increase in value since last sale

Current estimated payment $10,856/month

490 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • 0.79 Acre Lot
  • Rehoboth Elementary School Rated A

About This Lot

As of June 2020

PRICE REDUCED! A unique opportunity for unparalleled views of Bald Eagle Creek and Rehoboth Bay with the potential for a dock. This is one of the last WATERFRONT lots to allow boat docks on the prestigious Blackpool Road. Surrounded by extraordinary custom homes in an ideal location, this will be the perfect setting for your dream home. Renderings attached in photos for visual reference only.

Last Agent to Sell the Property

Elizabeth Barnhart

Monument Sotheby's International Realty License #RS-0022510 Listed on: 11/29/2018

Monument Sotheby's International Realty

Co-Listed By

Amy Pietlock

Monument Sotheby's International Realty

Last Buyer's Agent

JAMES MCGREGOR

Jack Lingo - Rehoboth License #RS-0020032

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,147

Year Built

  • 2021

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 102x200x142x244
  • Home fronts navigable water
  • Cleared Lot

HOA Fees

  • $29 Monthly HOA Fees

Additional Features

  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 334-19.00-329.00

Community Details

Overview

  • Blackpool HOA
  • Rehoboth Beach Yacht And Cc Subdivision

Recreation

  • Water Access
  • Property is near a canal
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$3,147

Year Built

2021

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: PRICE REDUCED! A unique opportunity for unparalleled views of Bald Eagle Creek and Rehoboth Bay with the potential for a dock. This is one of the last WATERFRONT lots to allow boat docks on the prestigious Blackpool Road. Surrounded by extraordinary custom homes in an ideal location, this will be the perfect setting for your dream home. Renderings attached in photos for visual reference only.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2021

Interior Features

  • Price Per Sq Ft: 34.84
  • Street Number Modifier: 81

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: BLACKPOOL HOA
  • HOA: Yes
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Bulkheaded, Cleared
  • Lot Size Acres: 0.79
  • Lot Dimensions: 102x200x142x244
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34412.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 5200804
  • Assessor Parcel Number: 334-19.00-329.00
  • Tax Data Updated: No
  • Close Date: 06/29/2020

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jun 26, 2020
Sold by
Trashman On Blackpool Llc
Bought by
Zajick Karen and Weeks Jennifer
Seller's Agent
Elizabeth Barnhart
Monument Sotheby's International Realty
Buyer's Agent
JAMES MCGREGOR
Jack Lingo - Rehoboth
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%
Total Days on Market
490
Current Estimated Value
$1,889,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,317
Avg. Annual Appreciation
11.04%
Original Mortgage
$1,652,000
Outstanding Balance
$1,474,644
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$414,673

Purchase Details

Closed on
May 3, 2017
Sold by
Great South Beach Improvement Company
Bought by
The Trashman On Blackpool Llc
Source: Public Records

Range of Values:

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Average Value
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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
Zajick Karen $1,125,000 None Available
The Trashman On Blackpool Llc $1,175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zajick Karen $1,652,000
Previous Owner Trashman On Blackpool Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $1,125,000 -6.2% --
04/02/2020 04/02/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $1,199,000 0.0% --
02/08/2020 02/08/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $1,199,000 +6.6% --
12/01/2019 12/01/19 Off Market $1,125,000 -- --
06/01/2019 06/01/19 For Sale $1,199,000 +6.6% --
05/29/2019 05/29/19 Off Market $1,125,000 -- --
04/30/2019 04/30/19 Price Changed $1,199,000 -4.0% --
02/08/2019 02/08/19 Price Changed $1,249,000 -3.8% --
11/29/2018 11/29/18 For Sale $1,299,000 -- --
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 $3,147 $10,000 $10,000 $0
2023 $3,144 $10,000 $10,000 $0
2022 $3,035 $10,000 $10,000 $0
2021 $471 $10,000 $10,000 $0
2020 $469 $10,000 $10,000 $0
2019 $470 $10,000 $10,000 $0
2018 $439 $10,000 $0 $0
2017 $421 $10,000 $0 $0
2016 $399 $10,000 $0 $0
2015 $382 $10,000 $0 $0
2014 $379 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU122020

Bright MLS

APN: 334-19.00-329.00