NOT LISTED FOR SALE

1633 Sorghum Mill Rd Dover, DE 19901

Highland Acres Neighborhood

Estimated Value: $1,130,483

1.42 Acres
$796,115 Price per Acre
61,855 Sq Ft Lot

Last Sold October 17, 2013

Last sale price $50,000

Est. 2,161% increase in value since last sale

Current estimated payment $6,342/month

28 Days on Market

Highlights

  • Water Oriented
  • Waterfront
  • No HOA
  • Allen Frear Elementary School Rated A
  • 1.42 Acre Lot
  • Interior Lot

About This Lot

As of October 2013

Two lots situate on Tidbury Creek with 240 feet frontage on creek. Sorghum Mill Road frontage is 205.67 feet. On-site utilities are necessary. Sold as package, no subdivision. Most of lots lie outside Flood Plain.

Last Agent to Sell the Property

Philip McGinnis

(302) 736-1538 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 09/06/2013

Last Buyer's Agent

Philip McGinnis

(302) 736-1538 pjm@mcginnisrealty.com McGinnis Commercial Real Estate License #R1-0001967 Listed on: 09/06/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Lot Details

  • 1.42 Acre Lot
  • Waterfront
  • Creek or Stream
  • Interior Lot
  • The property's topography is level
  • Property is zoned IG

Schools

  • Allen Frear Elementary School
  • Postlethwait Middle School
  • Caesar Rodney High School

Utilities

  • Well
  • On Site Septic
  • No Septic Approved

Additional Features

  • Water Views
  • Property is near creek

Listing and Financial Details

  • Tax Lot 1000-000
  • Assessor Parcel Number NM-00-09500-01-1000-000 & 09.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$289

Lot Details

1.42 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Master Bedroom
  • Price Per Sq Ft: 1.13

Exterior Features

  • Construction Completed: No
  • View: Water
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic Approved, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: ALLEN FREAR
  • High School: CAESAR RODNEY
  • Middle Or Junior School: POSTLETHWAIT

Lot Info

  • Lot Features: Interior
  • Lot Size Acres: 1.42
  • Lot Dimensions: 205X300, LotWidth:205 X LotDepth:300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 61855.00
  • Topography: Level
  • Zoning: IG

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2462030
  • Tax Annual Amount: 289.00
  • Assessor Parcel Number: NM-00-09500-01-1000-000 & 09.00
  • Tax Lot: 1000-000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
U & I Investments Llc
Bought by
Phoenicians Llc
Current Estimated Value
$1,130,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$815,900
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$314,583

Purchase Details

Closed on
Oct 1, 2014
Sold by
U & I Investments Llc
Bought by
U & I Investments Llc

Purchase Details

Closed on
May 29, 2014
Sold by
First Lite Llc
Bought by
U & I Investments Llc

Purchase Details

Listed on
Sep 6, 2013
Closed on
Oct 17, 2013
Sold by
Wright S Rentals Llc
Bought by
First Lite Llc
Seller's Agent
Philip McGinnis
McGinnis Commercial Real Estate
Buyer's Agent
Philip McGinnis
McGinnis Commercial Real Estate
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.44%

Purchase Details

Closed on
Nov 20, 2008
Sold by
Wright Richmond S and Wright Richmond Steele
Bought by
Rising Sun Properties Llc
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
Phoenicians Llc $900,000 None Available
U & I Investments Llc -- None Available
U & I Investments Llc $95,000 None Available
First Lite Llc $50,000 None Available
Rising Sun Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phoenicians Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $50,000 -28.6% --
10/04/2013 10/04/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $70,000 -- --
Source: Bright MLS

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 $3,614 $911,100 $158,800 $752,300
2024 $3,832 $911,100 $158,800 $752,300
2023 $6,929 $274,200 $10,100 $264,100
2022 $6,539 $274,200 $10,100 $264,100
2021 $6,485 $274,200 $10,100 $264,100
2020 $6,377 $274,200 $10,100 $264,100
2019 $5,149 $230,600 $10,100 $220,500
2018 $4,926 $228,900 $10,100 $218,800
2017 $4,784 $228,900 $0 $0
2016 $430 $21,000 $0 $0
2015 -- $21,000 $0 $0
2014 -- $7,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Philip McGinnis

    Seller's Agent in 2013

    Philip McGinnis

    McGinnis Commercial Real Estate

    (302) 270-0656

    31 Total Sales

    Philip McGinnis
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Map

Source: Bright MLS

MLS Number: 1003577682

Bright MLS

APN: 7-00-09500-01-0900-000

Delaware Kent County Dover 19901 Highland Acres

1633 Sorghum Mill Rd, Dover, DE

Not Listed for Sale

Lots

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