NOT LISTED FOR SALE

16020 Pickering Dr Milton, DE 19968

Estimated Value: $254,121 - $548,000

2.08 Acres
$221,048 Price per Acre
90,605 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $175,000

Est. 163% increase in value since last sale

Current estimated payment $2,689/month

245 Days on Market

Highlights

  • 2.08 Acre Lot
  • Partially Wooded Lot
  • No HOA
  • Milton Elementary School Rated A

About This Lot

As of March 2021

Great Homesite just minutes to the beaches in Lewis and Rehoboth Beach. This property is perfect for the person that does not want too many building restrictions. It is zoned Agricultural/Residential with Sussex County Zoning regulations applying only. There is not a home owners association or restrictive covenants. Great for contractors or the gentleman farmer. There is an Expired Septic and Well Permit on file with DNREC. Call for more information today!

Last Agent to Sell the Property

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 05/19/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675 Listed on: 05/19/2020

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $133

Year Built

  • 2022

Lot Details

  • 2.08 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AR-1

Utilities

  • Well Permit on File
  • Site Evaluation on File
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-22.00-23.01

Property Details

Property Type

Land

Est. Annual Taxes

$133

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Great Homesite just minutes to the beaches in Lewis and Rehoboth Beach. This property is perfect for the person that does not want too many building restrictions. It is zoned Agricultural/Residential with Sussex County Zoning regulations applying only. There is not a home owners association or restrictive covenants. Great for contractors or the gentleman farmer. There is an Expired Septic and Well Permit on file with DNREC. Call for more information today!
  • Special Features: VirtualTour
  • Year Built (Public Record): 2022

Interior Features

  • Price Per Sq Ft: 1.93
  • Street Number Modifier: 16020

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
  • Water Source: Well Permit On File

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Crops Included: No
  • Land Use Code: 999
  • Lot Features: Cleared, Partly Wooded
  • Lot Size Acres: 2.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 90605.00
  • Possible Use: Residential
  • Year Assessed: 2022
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5173675
  • School Tax: 121.00
  • Tax Annual Amount: 133.00
  • Assessor Parcel Number: 235-22.00-23.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/19/2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Mar 15, 2021
Sold by
Chorman William N
Bought by
Lux William M and Lux Alice M
Seller's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$175,000
Sold Price
$175,000
Total Days on Market
245
Current Estimated Value
$459,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,780
Avg. Annual Appreciation
25.34%
Original Mortgage
$131,250
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Lux William M $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lux William M $255,000
Closed Lux William M $255,000
Closed Lux Alice M $131,250
Closed Lux William M $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $175,000 0.0% --
01/19/2021 01/19/21 Pending -- -- --
05/19/2020 05/19/20 For Sale $175,000 -- --
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 $1,299 $1,500 $1,500 $0
2023 $1,298 $1,500 $1,500 $0
2022 $133 $1,500 $1,500 $0
2021 $71 $1,500 $1,500 $0
2020 $70 $1,500 $1,500 $0
2019 $71 $1,500 $1,500 $0
2018 $66 $1,500 $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

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Map

Source: Bright MLS

MLS Number: DESU161164

Bright MLS

APN: 235-22.00-23.01