NOT LISTED FOR SALE

119 Sassafras Ln Unit 5 Milton, DE 19968

Estimated Value: $485,000 - $524,000

0.29 Acre
$1,734,224 Price per Acre
12,632 Sq Ft Lot

Last Sold April 16, 2018

Last sale price $57,500

Est. 775% increase in value since last sale

Current estimated payment $2,962/month

2,400 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Cul-De-Sac
  • Milton Elementary School Rated A

About This Lot

As of April 2018

ONLY LOT LEFT! Wooded Lot at End of Cul-de-Sac in Private Enclave of only 25 Homesites in cherished waterfront town of Milton. Chestnut Crossing is a small family friendly community with only one entrance and consists of only 2 Cul-de-Sac Streets. Easy Walk to Milton's waterfront park, shopping & dining. All lots hook-up to central water and sewer and all can take a Basement! Buy & Build or Buy & Hold. No Builder Tie-In. Only 15 minutes from downtown Rehoboth or Lewes and the ocean beaches.

Last Agent to Sell the Property

Babs Morales

Berkshire Hathaway HomeServices PenFed Realty License #RS-0016340 Listed on: 08/19/2011

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Joe Reed

Cape Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,365

Year Built

  • 2018

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 64x100x148x192
  • Cul-De-Sac
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 235-20.11-67.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,365

Year Built

2018

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Special Features: None
  • Year Built (Public Record): 2018

Exterior Features

  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

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

Lot Info

  • Lot Features: Corner, Cul-De-Sac, Trees/Wooded
  • Lot Size Acres: 0.29
  • Lot Dimensions: 64x100x148x192
  • Lot Size Units: Acres

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5172709
  • Assessor Parcel Number: 235-20.11-67.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/16/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Dennis Mark Wessel Sr Living Trust
Bought by
Beard Shane F and Beard Kimberly K
Total Days on Market
2400
Current Estimated Value
$502,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$357,866
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$145,059

Purchase Details

Closed on
Feb 26, 2019
Sold by
Capstone Homes Llc
Bought by
Dennis Mark Wessel Sr Lt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2011
Closed on
Apr 16, 2018
Sold by
Atlantic Land Developers
Bought by
Capstone Homes Llc
Seller's Agent
Babs Morales
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joe Reed
Cape Realty
List Price
$149,900
Sold Price
$57,500
Premium/Discount to List
-$92,400
-61.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.55%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Beard Shane F $465,000 None Listed On Document
Dennis Mark Wessel Sr Lt $320,650 --
Capstone Homes Llc $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Shane F $372,000
Previous Owner Dennis Mar Wessel Sr Lt $242,500
Previous Owner Dennis Mark Wessel Sr Lt $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $57,500 -61.6% --
03/15/2018 03/15/18 Pending -- -- --
08/19/2011 08/19/11 For Sale $149,900 -- --
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
2024 $1,365 $2,500 $2,500 $0
2023 $1,364 $2,500 $2,500 $0
2022 $1,317 $2,500 $2,500 $0
2021 $1,304 $2,500 $2,500 $0
2020 $1,301 $2,500 $2,500 $0
2019 $1,302 $2,500 $2,500 $0
2018 $110 $2,500 $0 $0
2017 $105 $2,500 $0 $0
2016 $100 $2,500 $0 $0
2015 $95 $2,500 $0 $0
2014 $95 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Babs Morales

    Seller's Agent in 2018

    Babs Morales

    BHHS PenFed (actual)

    (302) 841-0797

    1 in this area

    64 Total Sales

    Babs Morales
    Section Image
  • Joe Reed

    Buyer's Agent in 2018

    Joe Reed

    Cape Realty

    (302) 430-4060

    21 Total Sales

    Joe Reed
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000998304

Bright MLS

APN: 235-20.11-67.00

Delaware Sussex County Milton 19968

119 Sassafras Ln Unit 5, Milton, DE

This home is located at 119 Sassafras Ln Unit 5, Milton, DE 19968 since 19 August 2011 and is currently estimated at $502,925. This property was built in 2018. 119 Sassafras Ln Unit 5 is a home located in Sussex County with nearby schools including Milton Elementary School, Beacon Middle School, and Cape Henlopen High School.

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