NOT LISTED FOR SALE

16152 Wilson Hill Rd Georgetown, DE 19947

Estimated Value: $61,000 - $573,207

56.47 Acres
$5,792 Price per Acre
2,459,833 Sq Ft Lot

Last Sold August 10, 2022

Last sale price $500,000

Est. 35% decrease in value since last sale

Current estimated payment $1,729/month

About This Lot

As of August 2022

One parcel on Wilson Hill Road totaling 56.47 acres including +/- 31 tillable acres, +/- 25 wooded acres, and a 1-acre homesite. Soils are primarily loamy sands.

Last Agent to Sell the Property

Benjamin Alder

(443) 865-1344 ben@svnlandgroup.com The Land Group License #RB-0020805 Listed on: 11/18/2021

Last Buyer's Agent

Benjamin Alder

(443) 865-1344 ben@svnlandgroup.com The Land Group License #RB-0020805 Listed on: 11/18/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $158

Lot Details

  • 56.47 Acre Lot
  • Property is zoned AR-1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-08.00-7.01

Property Details

Property Type

Land

Est. Annual Taxes

$158

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Agriculture, Hunting, Recreation, Residential, Timber
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: One parcel on Wilson Hill Road totaling 56.47 acres including +/- 31 tillable acres, +/- 25 wooded acres, and a 1-acre homesite. Soils are primarily loamy sands.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.23
  • Street Number Modifier: 16152

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: FH
  • Lot Size Acres: 56.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2459833.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5132978
  • School Tax: 140.00
  • Tax Annual Amount: 158.00
  • Assessor Parcel Number: 135-08.00-7.01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/10/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jul 18, 2022
Sold by
Edwige Dufaj
Bought by
Farhart Zene
Seller's Agent
Benjamin Alder
The Land Group
Buyer's Agent
Benjamin Alder
The Land Group
List Price
$560,000
Sold Price
$500,000
Premium/Discount to List
-$60,000
-10.71%
Current Estimated Value
$327,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,948
Avg. Annual Appreciation
-12.35%
Original Mortgage
$350,000
Outstanding Balance
$333,386
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$6,334

Purchase Details

Closed on
Oct 18, 2021
Sold by
Dufaj Richard
Bought by
Dufaj Edwige and Dufaj Eugene
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
Farhart Zene $500,000 Rosenthal Firm Llc
Dufaj Edwige $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhart Zene $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $500,000 -10.7% --
12/20/2021 12/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $560,000 -- --
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 $171 $4,000 $1,500 $2,500
2024 $326 $4,000 $1,500 $2,500
2023 $326 $4,000 $1,500 $2,500
2022 $323 $4,000 $1,500 $2,500
2021 $276 $4,000 $1,500 $2,500
2020 $269 $4,000 $1,500 $2,500
2019 $268 $4,000 $1,500 $2,500
2018 $270 $4,000 $0 $0
2017 $153 $4,000 $0 $0
2016 $253 $4,000 $0 $0
2015 $257 $4,000 $0 $0
2014 $255 $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2009736

Bright MLS

APN: 135-08.00-7.01