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20575 Coastal Highway

20575 Coastal Highway, Rehoboth Beach, DE 19971
Property in Sussex
1 Units For Sale
Unit for sale at 20575 COASTAL HWY, REHOBOTH BEACH, DE 19971

$3,200,000

  • Commercial
20575 COASTAL HWY, REHOBOTH BEACH, DE 19971 Listing by BILL CULLIN

20575 Coastal Highway has been categorized by the local assessors in Rehoboth Beach, DE as a unknown type of property. The linear feet between the front and back of the lot is 830 ft and across the front of the lot is 3,410 ft. The area measurement of the land has been determined as 28,301 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20575 Coastal Highway sold most recently in Jan 1, 1970 for a total of $440,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,924 in taxes each year. 20575 Coastal Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,600. If we break it down further, the land itself was valued at $15,600. Improvements to the property, however, were assessed at a total of $17,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Condition

Cleared Lot

Parking

Private Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,301
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 3,410
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: REHOBOTH BEACH
  • Land Acres: 0.65
  • Legal Description 1: RD 14 DEWEY BCH RD 272 LOT

Ownership

  • Current Owner : MARK & BROOKE SLAUGHTER LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051102

Zoning

  • Zoning: C1

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-19.08-143.00
  • Municipality: DEWEY TO LEWES EAST OF CANAL
  • Latitude: 38.7077
  • Longitude: -75.0901

    Address

  • Full Address: 20575 Coastal Hwy
  • Address - House Number: 20575
  • Address - Street Name: Coastal
  • Address - Suffix Type: Hwy
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 8063
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,924

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $959,000
  • First Open Lien Mortgage Lender: COUNTY BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2018
  • First Open Lien Mortgage Loan Amount: $279,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 08, 2048
  • Second Open Lien Mortgage Lender: COUNTY BANK
  • Second Open Lien Mortgage Recording Date: Oct 11, 2016
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $680,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Oct 11, 2046

    Market Valuation

  • Market Total Value: $65,200
  • Market Land Value: $31,200
  • Market Improvement Value: $34,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,600
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $17,000

    Sales

  • Current Sale Recording Date: Aug 21, 2002
  • Current Sale Transaction ID: 1677567348
  • Current Sale Price: $440,000
  • Current Sale Document Type: unknown

About Sussex



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 20575 Coastal Highway located in?
The 20575 Coastal Highway is a located in the neighborhood of Sussex in Sussex, Rehoboth Beach.
How many listings are currently for sale in 20575 Coastal Highway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 20575 Coastal Highway?
The average sales price for units in 20575 Coastal Highway is $3,200,000 currently.

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