NOT LISTED FOR SALE

14543 Oyster Rocks Rd Milton, DE 19968

Estimated Value: $2,911,230

64 Acres
$45,255 Price per Acre
2,802,215 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $1,160,000

Est. 151% increase in value since last sale

Current estimated payment $15,939/month

102 Days on Market

About This Lot

As of June 2022

This kind of picturesque farmland rarely comes available! This 64+/- acre farm offers a creek, pond, woodlands and open space all within minutes to the beaches, shopping, chools and medicl facilites at only $23+/-/acre. This farm offers development potental or your own personal oasis. Make your appointment.

Last Agent to Sell the Property

Mark Levering

Patterson-Schwartz-Dover License #RA-0031132 Listed on: 06/03/2019

Patterson-Schwartz-Dover

Last Buyer's Agent

Mark Levering

Patterson-Schwartz-Dover License #RA-0031132 Listed on: 06/03/2019

Patterson-Schwartz-Dover

Property Details

Property Type

  • Land

Lot Details

  • 64.33 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-16.00-40.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Remarks Public: This kind of picturesque farmland rarely comes available! This 64+/- acre farm offers a creek, pond, woodlands and open space all within minutes to the beaches, shopping, chools and medicl facilites at only $23+/-/acre. This farm offers development potental or your own personal oasis. Make your appointment.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.53
  • Street Number Modifier: 14543

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 64.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2802215.00
  • Possible Use: Development
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5171426
  • Tax Annual Amount: 1.00
  • Assessor Parcel Number: 235-16.00-40.00
  • Tax Year: 2018
  • Close Date: 06/01/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Graywood Springs Llc
Bought by
Timberlake Graywood Springs Llc
Current Estimated Value
$2,911,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,277,800
Outstanding Balance
$3,237,548
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$325,743

Purchase Details

Listed on
Jun 3, 2019
Closed on
May 27, 2022
Sold by
Richards Nancy W
Bought by
Graywood Srpings Llc
Seller's Agent
Mark Levering
Patterson-Schwartz-Dover
Buyer's Agent
Mark Levering
Patterson-Schwartz-Dover
List Price
$1,499,000
Sold Price
$1,160,000
Premium/Discount to List
-$339,000
-22.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.44%

Purchase Details

Closed on
Jul 22, 1998
Bought by
Richards Nancy M
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
Timberlake Graywood Springs Llc $2,740,000 None Listed On Document
Graywood Srpings Llc $1,160,000 None Listed On Document
Richards Nancy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timberlake Graywood Springs Ll $3,277,800
Closed Timberlake Graywood Springs Ll $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,160,000 -22.6% --
09/13/2019 09/13/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $1,499,000 -- --
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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $336 $0 $0 $0
2020 $336 $0 $0 $0
2019 $336 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $336 $8,400 $0 $0
2015 $321 $8,400 $0 $0
2014 $318 $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU141742

Bright MLS

APN: 235-16.00-40.00