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53 Sussex Street

53 Sussex Street, Rehoboth Beach, DE 19971
Property in Sussex
Sold Oct 18, 2021
$1,115,000
$892,000 by Embrace Home Loans Inc
Mortgage Due Nov 01, 2051
Sold Dec 08, 1994
Transfer
53 Sussex Street has been categorized by the local assessors in Rehoboth Beach, DE as a residential type of property. The linear feet between the front and back of the lot is 840 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,199 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 53 Sussex Street was last sold in Oct 15, 2021 for $1,115,000. Current property owners are expected to pay $746 in taxes per year. The property on 53 Sussex Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,150. To break that down further, the land itself was valued at $8,200. While improvements to the property were assessed at a total of $6,950. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 4,199
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 500
  • 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: Residential
  • Subdivision: REHOBOTH BEACH
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUSSEX ST LOT 53 W/IMP REH BCH CP MTG ASSN

Ownership

  • Current Owner : GREGORY MICHAEL P
  • Current Owner 2: PANTALO JOHN G
  • Previous Owner : DEAKYNE JAMES E
  • Previous Owner 2: DEAKYNE RICKEY J

Neighborhood

  • School District Name: Cape Henlopen School District
  • School Tax School District: CAPE HENLOPEN
  • Census Tract: 051101

Zoning

  • Zoning: TN

Geography

  • District: CAPE HENLOPE
  • Parcel: 334-14.17-46.00
  • Lot: 53
  • Municipality: 19971
  • Latitude: 38.717
  • Longitude: -75.0859

    Address

  • Full Address: 53 Sussex St
  • Address - House Number: 53
  • Address - Street Name: Sussex
  • Address - Suffix Type: St
  • State: DE
  • City Name: Rehoboth Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 2113
  • Zip Code: 19971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $746

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 71
  • Final Value: 985,233
  • High Value: 1,193,854
  • Low Value: 776,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $892,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $892,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $30,300
  • Market Land Value: $16,400
  • Market Improvement Value: $13,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,150
  • Assessed Land Value: $8,200
  • Assessed Improvements Value: $6,950

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11862117002
  • Current Sale Price: $1,115,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210000064295
  • Previous Sale Recording Date: Dec 08, 1994
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $892,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Nov 01, 2051

About Rehoboth Beach



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Frequently Asked Questions

What neighborhood is 53 Sussex Street located in?
The 53 Sussex Street is a located in the neighborhood of Sussex in Rehoboth Beach, Rehoboth Beach.
What is the average sales price for listings in 53 Sussex Street?
The average sales price for units in 53 Sussex Street is $0 currently.

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