NOT LISTED FOR SALE

Estimated Value: $371,043 - $695,000

0.37 Acre
$1,537,192 Price per Acre
16,117 Sq Ft Lot

Last Sold December 03, 2012

Last sale price $85,000 $37 Per Sq Ft

Est. 569% increase in value since last sale

Current estimated payment $3,096/month

Highlights

  • Cul-De-Sac
  • Rehoboth Elementary School Rated A
  • En-Suite Primary Bedroom

About This Lot

As of December 2012

Seldom available, a spacious single building lot in the desirable community of Arnell Creek. No builder tie-in , but plans are available if desired. Over 1/3 of an acre, this Cul-De-Sac lot is cleared and has public sewer and central water. Besides the excellent location that is only minutes away from the beaches & shops, the community of Arnell Creek also offers a community pool & tennis courts.

Last Agent to Sell the Property

Jeff Sammons

(800) 438-2968 jsammons@psre.com Patterson-Schwartz-Hockessin Listed on: 01/31/2012

Patterson-Schwartz-Hockessin

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $287

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • The property's topography is level, clear/open
  • Property is zoned ARI, Subdivision Restriction,Subject To Zoning

HOA Fees

  • $21 Monthly HOA Fees

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Underground Utilities
  • Private Water Source
  • No Septic Approved
  • No Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-12.00-527.00

Property Details

Property Type

Land

Est. Annual Taxes

$287

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Master Bedroom
  • Price Per Sq Ft: 6.26

Exterior Features

  • Exterior Features: Street Lights
  • Road Surface Type: Paved

Utilities

  • Sewer/Septic System: No Septic Approved, No Septic System, Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable Tv Available, Under Ground
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.37
  • Lot Dimensions: 73 X 219, LotWidth:73
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15987.00
  • Topography: Level, Clear/Open
  • Zoning: ARI
  • Zoning Description: Subdivision Restriction,Subject To Zoning

Tax Info

  • Assessor Parcel Number: 5190381
  • Tax Annual Amount: 287.0
  • Assessor Parcel Number: 334-12.00-527.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2013
Sold by
Burleson Linda G and Werner Sharon Anne
Bought by
Burleson Linda G and Werner Sharon Anne
Current Estimated Value
$568,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$149,115
Interest Rate
3.45%
Estimated Equity
$419,646

Purchase Details

Closed on
May 20, 2013
Sold by
Burleson Linda G and Werner Sharon Anne
Bought by
Burleson Linda G and Werner Sharon Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$149,115
Interest Rate
3.45%
Estimated Equity
$419,646

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jan 4, 2013
Sold by
Gunther Garent R
Bought by
Burleson Linda G and Werner Sharon Anne
Seller's Agent
Jeff Sammons
Patterson-Schwartz-Hockessin
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Dec 31, 2012
Sold by
Gunther Garent R
Bought by
Burleson Linda G and Werner Sharon Anne
Seller's Agent
Jeff Sammons
Patterson-Schwartz-Hockessin
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
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
Burleson Linda G $22,908 --
Burleson Linda G $22,908 --
Burleson Linda G $85,000 --
Burleson Linda G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burleson Linda G $210,000
Closed Burleson Linda G $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $85,000 -29.2% $37 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $120,000 -- $52 / Sq Ft
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 $715 $32,500 $8,750 $23,750
2024 $1,102 $32,500 $8,750 $23,750
2023 $1,101 $32,500 $8,750 $23,750
2022 $1,045 $32,500 $8,750 $23,750
2021 $1,130 $32,500 $8,750 $23,750
2020 $1,126 $32,500 $8,750 $23,750
2019 $1,128 $32,500 $8,750 $23,750
2018 $1,027 $32,500 $0 $0
2017 $967 $32,500 $0 $0
2016 $798 $32,500 $0 $0
2015 $746 $32,500 $0 $0
2014 $332 $8,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001691956

Bright MLS

APN: 334-12.00-527.00