NOT LISTED FOR SALE

1086 Paddock Rd Smyrna, DE 19977

Estimated Value: $185,662 - $1,074,000

13 Acres
$37,285 Price per Acre
571,943 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $175,000

Est. 180% increase in value since last sale

Current estimated payment $2,764/month

131 Days on Market

About This Lot

As of October 2023

Absolutely breathtaking... 13.13 acres of land ready to be used for hunting, agriculture or to make your forever homestead! Design your own home and choose your own builder, No builder tie-in!!! One home can be built on this property.If you are looking for peace and quiet, this property is for YOU! Perfect for the serene buyer!Calling all investors/gentleman farmer opportunity with location and potential. A MUST See for the serious investor. Close to Rt 13 and Rt 1 for an easy work commute. All due diligence responsibility of buyer. There is no water or septic. No soil test or water delineation test. Land is being sold as-is, where-is.

Last Agent to Sell the Property

Roo Parag

Bryan Realty Group License #RS0036425 Listed on: 02/07/2023

Last Buyer's Agent

Barbara Walker

Century 21 Emerald License #RS-0015199

Century 21 Emerald

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $486

Lot Details

  • 13.13 Acre Lot
  • Property is zoned SR

Utilities

  • Not Applied For Permit
  • No Septic Approved
  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Blackbird Hundred Subdivision

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number 15-016.00-228

Property Details

Property Type

Land

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Expected On Market: 2023-02-07
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 0.35
  • Street Number Modifier: 1086

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: No Septic Approved, No Septic System, No Sewer System, Not Applied For Permit

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SMYRNA
  • School District Key: 300200396894
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 13.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 571942.00
  • Year Assessed: 2022
  • Zoning: SR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 334.00
  • Tax Annual Amount: 486.00
  • Assessor Parcel Number: 15-016.00-228
  • Tax Lot: 228
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/03/2023

MLS Schools

  • School District Name: SMYRNA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Oct 3, 2023
Sold by
Morgan Sandra J
Bought by
Lee Renee D
Seller's Agent
Roo Parag
Bryan Realty Group
Buyer's Agent
Barbara Walker
Century 21 Emerald
List Price
$245,000
Sold Price
$175,000
Premium/Discount to List
-$70,000
-28.57%
Views
834
Current Estimated Value
$489,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,554
Avg. Annual Appreciation
80.78%
Original Mortgage
$101,000
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2022
Sold by
Morgan John R
Bought by
Morgan Sandra J
Source: Public Records

Range of Values:

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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
Lee Renee D -- None Listed On Document
Morgan Sandra J -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Renee D $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $175,000 -12.5% --
09/25/2023 09/25/23 Price Changed $200,000 0.0% --
06/18/2023 06/18/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $200,000 -9.1% --
04/18/2023 04/18/23 Price Changed $220,000 -10.2% --
02/07/2023 02/07/23 For Sale $245,000 -- --
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 $442 $18,800 $18,800 $0
2023 $483 $18,800 $18,800 $0
2022 $486 $18,800 $18,800 $0
2021 $480 $18,800 $18,800 $0
2020 $433 $18,800 $18,800 $0
2019 $435 $18,800 $18,800 $0
2018 $425 $18,800 $18,800 $0
2017 $414 $18,800 $18,800 $0
2016 $411 $18,800 $18,800 $0
2015 $420 $18,800 $18,800 $0
2014 $399 $18,800 $18,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2037748

Bright MLS

APN: 15-016.00-228