NOT LISTED FOR SALE

Estimated Value: $62,000 - $376,000

0.55 Acre
$304,849 Price per Acre
23,958 Sq Ft Lot

Last Sold December 20, 2024

Last sale price $62,500

Est. 168% increase in value since last sale

Current estimated payment $919/month

42 Days on Market

About This Lot

As of December 2024

Prime .55-acre lot nestled in a highly sought after neighborhood, offering a unique opportunity to be part of a tranquil community. Ideal for building your dream home! Buyer must do their own due diligence.

Last Agent to Sell the Property

Kita Miller

(610) 864-2124 Kita.Miller@rushhome.com Compass License #rs-0036932 Listed on: 09/02/2024

Compass

Last Buyer's Agent

Kerri L. Molnar

(302) 650-5616 kerrimolnar@gmail.com Keller Williams Realty Wilmington License #RS314183

Keller Williams Realty Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $151

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 120.03 x 206.89
  • Property is zoned RS1

Schools

  • Caesar Rodney High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Fairfield Farms Subdivision

Listing and Financial Details

  • Tax Lot 0200-000
  • Assessor Parcel Number NM-00-08617-03-0200-000

Property Details

Property Type

Land

Est. Annual Taxes

$151

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.71

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: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent
  • High School: CAESAR RODNEY

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.55
  • Lot Dimensions: 120.03 x 206.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Zoning: RS1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

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

Tax Info

  • School Tax: 128.00
  • Tax Annual Amount: 151.00
  • Assessor Parcel Number: NM-00-08617-03-0200-000
  • Tax Lot: 0200-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CAESAR RODNEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2024
Closed on
Dec 20, 2024
Sold by
Faverey Charles and Faverey Karen
Bought by
Beck Deborah A
Seller's Agent
Kita Miller
Compass
Buyer's Agent
Kerri L. Molnar
Keller Williams Realty Wilmington
List Price
$77,499
Sold Price
$62,500
Premium/Discount to List
-$14,999
-19.35%
Views
26
Current Estimated Value
$167,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,167
Avg. Annual Appreciation
153.69%

Purchase Details

Listed on
May 26, 2021
Closed on
Oct 5, 2021
Sold by
Jones Tyrie J and Jones Dorothy Z
Bought by
Faverey Charles and Faverey Karen
Seller's Agent
Kimberly Rivera
Keller Williams Realty Central-Delaware
Buyer's Agent
Katie Christiano
First Coast Realty LLC
List Price
$79,900
Sold Price
$62,500
Premium/Discount to List
-$17,400
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$46,875
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2021
Sold by
Jones Joseph T and Jones Janet E
Bought by
Jones Tyrie J and Jones Dorothy Z

Purchase Details

Closed on
May 25, 2017
Sold by
Kent County Finance Department
Bought by
Jones Joseph T and Jones Janet E

Purchase Details

Closed on
May 6, 2008
Sold by
Lloyd F Arnold One 2003 Llc
Bought by
Bf Real Estate Ventures Llc
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
Beck Deborah A $62,500 None Listed On Document
Beck Deborah A $62,500 None Listed On Document
Faverey Charles $62,500 None Available
Jones Tyrie J -- None Available
Jones Joseph T $5,000 None Available
Bf Real Estate Ventures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faverey Charles $46,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $62,500 -3.8% --
10/04/2024 10/04/24 Price Changed $65,000 -16.1% --
09/02/2024 09/02/24 For Sale $77,499 +24.0% --
10/05/2021 10/05/21 Sold $62,500 +4.3% -- View Prior Sale
06/28/2021 06/28/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $59,900 -25.0% --
05/26/2021 05/26/21 For Sale $79,900 -- --
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 $503 $107,400 $107,400 $0
2024 $496 $107,400 $107,400 $0
2023 $248 $6,500 $6,500 $0
2022 $233 $6,500 $6,500 $0
2021 $213 $6,500 $6,500 $0
2020 $229 $6,500 $6,500 $0
2019 $223 $6,500 $6,500 $0
2018 $217 $6,500 $6,500 $0
2017 $213 $6,500 $0 $0
2016 $1,397 $6,500 $0 $0
2015 $1,118 $6,500 $0 $0
2014 $931 $6,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DEKT2030972

Bright MLS

APN: 7-00-08617-03-0200-000