NOT LISTED FOR SALE

9 State Rd Rehoboth Beach, DE 19971

Estimated Value: $2,081,000 - $2,326,000

0.11 Acres
$19,613,282 Price per Acre
5,000 Sq Ft Lot

Sale Details

Date Sold: June 29, 2012

Last sale price $402,800

Est. 436% increase in value since last sale

Current estimated payment $11,878 / mo

338 Days on Market

About This Lot

As of June 2012

Best Priced Lot in Downtown Rehoboth Beach! This 50x100 lot can be purchased w/ no builder tie-in or timeframe to build or as a lot/home package w/ RDM Developers-Pilot House 5BR/3.5BA- $675,000. Great opportunity to own downtown only 4 blocks to the ocean & blocks to all the restaurants & shops!

Last Agent to Sell the Property

Kim Hamer

(302) 227-6767 justin.healy@msir.net Monument Sotheby's International Realty License #RS-0013968 Listed on: 06/13/2011

Monument Sotheby's International Realty

Last Buyer's Agent

Christina Haag

(302) 227-3883 christina@jacklingo.com Jack Lingo - Rehoboth License #RS-001-4869

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Cleared Lot

Utilities

  • Public Hookup Available For Water

Community Details

  • No Home Owners Association
  • Encampment Grounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-206.01

Property Details

Property Type

Land

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 87.98

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 Sewer
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Size Units: Acres
  • Lot Sq Ft: 5000.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5194680
  • Assessor Parcel Number: 334-13.20-206.01
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2011
Closed on
Jul 9, 2012
Sold by
Bought by
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Christina Haag
Jack Lingo - Rehoboth
List Price
$402,800
Sold Price
$402,800
Current Estimated Value
$2,157,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,754,661
Avg. Annual Appreciation
12.80%
Original Mortgage
$450,000
Outstanding Balance
$69,512
Interest Rate
3.76%
Mortgage Type
Unknown
Estimated Equity
$2,087,949

Purchase Details

Listed on
Jun 13, 2011
Closed on
May 16, 2012
Sold by
Bought by
Seller's Agent
Kim Hamer
Monument Sotheby's International Realty
Buyer's Agent
Christina Haag
Jack Lingo - Rehoboth
List Price
$402,800
Sold Price
$402,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$69,512
Interest Rate
3.76%
Mortgage Type
Unknown
Estimated Equity
$2,087,949
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$402,800 --
$402,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $402,800 0.0% --
05/16/2012 05/16/12 Pending -- -- --
06/13/2011 06/13/11 For Sale $402,800 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,979 $37,250 $6,250 $31,000
2024 $1,836 $37,250 $6,250 $31,000
2023 $1,834 $37,250 $6,250 $31,000
2022 $1,770 $37,250 $6,250 $31,000
2021 $1,754 $37,250 $6,250 $31,000
2020 $1,749 $37,250 $6,250 $31,000
2019 $1,751 $37,250 $6,250 $31,000
2018 $1,636 $37,250 $0 $0
2017 $1,567 $37,250 $0 $0
2016 $1,488 $37,250 $0 $0
2015 $1,422 $37,250 $0 $0
2014 $237 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Hamer

    Seller's Agent in 2012

    Kim Hamer

    OCEAN ATLANTIC SOTHEBYS

    (302) 745-9914

    88 in this area

    239 Total Sales

    Kim Hamer
    Section Image
  • Christina Haag

    Buyer's Agent in 2012

    Christina Haag

    Jack Lingo - Rehoboth

    (302) 227-3883

    18 in this area

    28 Total Sales

    Christina Haag
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000998096

Bright MLS

APN: 334-13.20-206.01

Delaware Sussex County Rehoboth Beach 19971

9 State Rd, Rehoboth Beach, DE

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