NOT LISTED FOR SALE

Estimated Value: $201,000 - $230,000

0.76 Acre
$277,876 Price per Acre
33,106 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $195,000

Est. 8% increase in value since last sale

Current estimated payment $1,193/month

70 Days on Market

Highlights

  • Boat Ramp
  • 0.76 Acre Lot
  • Open Lot
  • Love Creek Elementary School Rated A

About This Lot

As of June 2024

Located in the desirable waterfront community of Pinewater Farm, you can build your dream home on this .75 acre cleared lot with no builder tie-in. This fantastic location is minutes from the beach and just steps from scenic water views of the Herring Creek. Enjoy the community amenities which include access to the community boat launch, spacious pavilion for events , fishing pier and community space with playground . The possibilities for this spacious lot are endless and the completion of public sewer in the community is an added plus. Individual wells are required. Build your next home in a beautifully established waterfront community where you can enjoy everything the area has to offer and within the Cape Henlopen School District. Explore the possibilities today!

Last Agent to Sell the Property

Thomas Desper

Compass License #RS-0020189 Listed on: 03/14/2024

Compass

Co-Listed By

Stephen Mottola

Compass License #R3-0010595

Last Buyer's Agent

Meme ELLIS

Keller Williams Realty License #RS-0024084

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $123

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 84.00 x 330.00
  • Open Lot
  • Cleared Lot
  • Property is zoned GR

HOA Fees

  • $17 Monthly HOA Fees

Schools

  • Love Creek Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Well Required

Listing and Financial Details

  • Tax Lot A29
  • Assessor Parcel Number 234-17.12-58.00

Community Details

Overview

  • Association fees include snow removal, common area maintenance
  • Pinewater Civic Association
  • Pinewater Farm Subdivision

Amenities

  • Common Area

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$123

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Expected On Market: 2024-03-14
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the desirable waterfront community of Pinewater Farm, you can build your dream home on this .75 acre cleared lot with no builder tie-in. This fantastic location is minutes from the beach and just steps from scenic water views of the Herring Creek. Enjoy the community amenities which include access to the community boat launch, spacious pavilion for events , fishing pier and community space with playground . The possibilities for this spacious lot are endless and the completion of public sewer in the community is an added plus. Individual wells are required. Build your next home in a beautifully established waterfront community where you can enjoy everything the area has to offer and within the Cape Henlopen School District. Explore the possibilities today!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.04
  • Street Number Modifier: 12

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 Required

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Boat Ramp, Common Grounds
  • HOA Condo Co-Op Fee Includes: Snow Removal, Common Area Maintenance
  • HOA Name: PINEWATER CIVIC ASSOCIATION
  • HOA: Yes

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: LOVE CREEK
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: LOVE CREEK
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Cleared, Open
  • Lot Size Acres: 0.76
  • Lot Dimensions: 84.00 x 330.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33106.00
  • Year Assessed: 2023
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 112.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 123.00
  • Assessor Parcel Number: 234-17.12-58.00
  • Tax Lot: A29
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/24/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 27, 2024
Sold by
Dirusso Mark J and Dirusso Laurie R
Bought by
Clymas Frederick A and Clymas Lori Ann
Seller's Agent
Thomas Desper
Compass
Buyer's Agent
Meme ELLIS
Keller Williams Realty
List Price
$204,900
Sold Price
$195,000
Premium/Discount to List
-$9,900
-4.83%
Views
56
Current Estimated Value
$211,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,186
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 23, 2021
Sold by
Carter Reed and Norwood Jessica
Bought by
Dirusso Mark J and Dirusso Laurie R
Seller's Agent
Staci Walls
NextHome Tomorrow Realty
Buyer's Agent
Cindy Baker
Berkshire Hathaway HomeServices PenFed Realty
List Price
$189,000
Sold Price
$160,000
Premium/Discount to List
-$29,000
-15.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 15, 2021
Sold by
Slon Samuel M
Bought by
Carter Reed and Norwood Jessica

Purchase Details

Closed on
Nov 21, 1995
Bought by
Sloan Samuel M Sloan
Source: Public Records

Range of Values:

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Average Value
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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
Clymas Frederick A $195,000 None Listed On Document
Dirusso Mark J $160,000 None Available
Carter Reed $130,000 None Available
Sloan Samuel M Sloan -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $195,000 -2.5% --
05/24/2024 05/24/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $199,900 -2.4% --
03/14/2024 03/14/24 For Sale $204,900 +28.1% --
10/29/2021 10/29/21 Sold $160,000 -10.6% --
09/30/2021 09/30/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $179,000 -5.3% --
07/23/2021 07/23/21 For Sale $189,000 -- --
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 $123 $2,500 $2,500 $0
2023 $123 $2,500 $2,500 $0
2022 $119 $2,500 $2,500 $0
2021 $118 $2,500 $2,500 $0
2020 $117 $2,500 $2,500 $0
2019 $118 $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

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Map

Source: Bright MLS

MLS Number: DESU2057898

Bright MLS

APN: 234-17.12-58.00