NOT LISTED FOR SALE

122 Red Cedar Dr Milton, DE 19968

Estimated Value: $378,000 - $561,000

0.54 Acre
$806,881 Price per Acre
23,522 Sq Ft Lot

Last Sold November 27, 2017

Last sale price $47,500

Est. 893% increase in value since last sale

Current estimated payment $2,525/month

408 Days on Market

About This Lot

As of November 2017

Beautiful wooded lot in desirable Sylvan Acres on cul-de-sac. Sylvan Acres an established community just a mile West of RT 1. Less than 10 minutes to Grocery Store & Restaurants in Milton & only 15 minutes from major shopping area of Lewes & Rehoboth Beach Outlets. Well & Septic. Site elevation for Cap & Fill gravity septic system. No Builder tie-in

Last Agent to Sell the Property

Lucius Webb

(302) 258-4590 luciusrwebb@yahoo.com Jack Lingo - Rehoboth License #RS-0017469 Listed on: 08/17/2016

Jack Lingo - Rehoboth

Last Buyer's Agent

Kara Brasure

(302) 542-3947 kbrasure@psre.com Patterson-Schwartz-Rehoboth License #RS-0023722

Patterson-Schwartz-Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 154 x159
  • Wooded Lot
  • Zoning described as MEDIUM RESIDENTIAL

HOA Fees

  • $5 Monthly HOA Fees

Utilities

  • Site Evaluation on File
  • Sewer Not Available

Community Details

  • Sylvan Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 230-22.00-122.00

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.34

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: Site Evaluation On File, No Sewer System

Condo/Co-op/Association

  • HOA Fees: 54.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Wooded Acres: 0.54
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.54
  • Lot Size Area: 1
  • Lot Dimensions: 154 x159
  • Lot Size Units: Acres
  • Lot Sq Ft: 23522.00
  • Zoning Description: MEDIUM RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 230-22.00-122.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 29, 2017
Sold by
Glinka Gary G and Glinka Pamela A
Bought by
Stevens William R and Morgan Kimberly A
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Kara Brasure
Patterson-Schwartz-Rehoboth
List Price
$55,000
Sold Price
$47,500
Premium/Discount to List
-$7,500
-13.64%
Current Estimated Value
$471,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,353
Avg. Annual Appreciation
31.12%
Original Mortgage
$217,000
Outstanding Balance
$182,438
Interest Rate
4.28%
Mortgage Type
Unknown
Estimated Equity
$253,278

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 10, 2017
Sold by
Glinka Gary G and Glinka Pamela A
Bought by
Stevens William R and Morgan Kimberly A
Seller's Agent
Lucius Webb
Jack Lingo - Rehoboth
Buyer's Agent
Kara Brasure
Patterson-Schwartz-Rehoboth
List Price
$55,000
Sold Price
$47,500
Premium/Discount to List
-$7,500
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$182,438
Interest Rate
4.28%
Mortgage Type
Unknown
Estimated Equity
$253,278

Purchase Details

Closed on
Nov 24, 2003
Bought by
Glinka Gary S Pamela A Glinka
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
Stevens William R $47,500 --
Stevens William R $47,500 --
Glinka Gary S Pamela A Glinka $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens William R $217,000
Closed Stevens William R $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $47,500 -13.6% --
09/29/2017 09/29/17 Pending -- -- --
08/17/2016 08/17/16 For Sale $55,000 -- --
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
2025 $840 $1,500 $1,500 $0
2024 $892 $1,500 $1,500 $0
2023 $891 $1,500 $1,500 $0
2022 $782 $1,500 $1,500 $0
2021 $775 $1,500 $1,500 $0
2020 $772 $1,500 $1,500 $0
2019 $773 $1,500 $1,500 $0
2018 $714 $16,250 $0 $0
2017 $63 $1,500 $0 $0
2016 $60 $1,500 $0 $0
2015 $57 $1,500 $0 $0
2014 $57 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucius Webb

    Seller's Agent in 2017

    Lucius Webb

    Jack Lingo - Rehoboth

    (302) 258-4590

    6 in this area

    85 Total Sales

    Lucius Webb
    Section Image
  • Kara Brasure

    Buyer's Agent in 2017

    Kara Brasure

    Patterson Schwartz

    (302) 542-3947

    3 in this area

    103 Total Sales

    Kara Brasure
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001020830

Bright MLS

APN: 230-22.00-122.00

Delaware Sussex County Milton 19968

122 Red Cedar Dr, Milton, DE

Not Listed for Sale

Lots

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