NOT LISTED FOR SALE

10288 Old Furnace Rd Seaford, DE 19973

Estimated Value: $225,000 - $286,000

5.81 Acres
$44,462 Price per Acre
253,084 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $145,000

Est. 78% increase in value since last sale

Current estimated payment $1,415/month

20 Days on Market

About This Lot

As of March 2021

5.81 acres of land in Seaford Delaware area. Formerly use for agricultural and hunting. Can subdivide each lot at THE LEAST to 3 quarters of an acre. An easement can be established. There is a 3 bedroom 1 ½ bath home on the property that has a 16' x 25' screen room, a block garage with an attached tool shed and a pole shed. These improvements are in fair condition and contribute minimal value to the property. The residence is assumed to be habitable and in average condition. All systems are assumed to be functional. FEMA flood zone X Map 10005C0262L Dated 6/2018. To view FEMA map msc.fema.gov

Last Agent to Sell the Property

Rochelle Ross

(302) 401-7731 rtownservices@gmail.com Adazio Realty Associates License #R3-0016740 Listed on: 12/03/2020

Last Buyer's Agent

Rochelle Ross

(302) 401-7731 rtownservices@gmail.com Adazio Realty Associates License #R3-0016740 Listed on: 12/03/2020

Property Details

Property Type

  • Land

Lot Details

  • 5.81 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Property is zoned AR-1, Agricultural/Residential

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 331-04.00-79.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.63

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: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 16700.00
  • Lot Features: Irregular
  • Lot Size Acres: 5.81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 253083.60
  • Possible Use: Agriculture, Church, Development, Flex Space, Land/Lot Only, Residential
  • Zoning: AR-1
  • Zoning Description: Agricultural/Residential
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5184105
  • Assessor Parcel Number: 331-04.00-79.00
  • Tax Year: 2020

MLS Schools

  • School District Name: SEAFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Slaubaugh Joshua
Bought by
Mumford Robert C and Harmon Shanetta N
Current Estimated Value
$258,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$172,744
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Estimated Equity
$85,581

Purchase Details

Listed on
Dec 3, 2020
Closed on
Mar 25, 2021
Sold by
Irvin Gerald and Real Viola
Bought by
Slaubaugh Joshua
Seller's Agent
Rochelle Ross
Adazio Realty Associates
Buyer's Agent
Rochelle Ross
Adazio Realty Associates
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Mumford Robert C $191,000 --
Slaubaugh Joshua $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mumford Robert C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $145,000 -9.4% --
12/23/2020 12/23/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $160,000 -- --
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
2025 $678 $9,700 $1,350 $8,350
2024 $485 $9,700 $1,350 $8,350
2023 $485 $9,700 $1,350 $8,350
2022 $473 $9,700 $1,350 $8,350
2021 $475 $9,700 $1,350 $8,350
2020 $514 $9,700 $1,350 $8,350
2019 $450 $9,700 $1,350 $8,350
2018 $439 $9,700 $0 $0
2017 $417 $9,700 $0 $0
2016 $402 $9,700 $0 $0
2015 $401 $9,700 $0 $0
2014 $380 $9,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rochelle Ross

    Adazio Realty Associates

    (302) 401-7731

    1 in this area

    10 Total Sales

    Rochelle Ross
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU174188

Bright MLS

APN: 331-04.00-79.00

Delaware Sussex County Seaford 19973

10288 Old Furnace Rd, Seaford, DE

Not Listed for Sale

Lots

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