NOT LISTED FOR SALE

1783 Hickman Rd Greenwood, DE 19950

Estimated Value: $287,750 - $382,000

5 Acres
$65,224 Price per Acre
230,868 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $235,000 $141 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,992/month

44 Days on Market

Highlights

  • 5.3 Acre Lot
  • No HOA
  • Additional Land

About This Lot

As of May 2021

Investment opportunity!! This 5+ acre property comes with huge upside potential from it's monthly rental income to it's possible produce revenue and future development. Located within the 3 subdivided lots is a 3 bedroom farmhouse, built in 1900 and loaded with character. It is currently occupied by seasoned tenants on lease until July 2022. Good location with quite a bit of road frontage on Delaware Rt. 16 which is an access route from Maryland to the Delaware beaches. Don't miss an amazing opportunity to own this beautiful piece of land - please schedule all appointments through Showing Time and follow all showing instructions due to property being tenant occupied.

Last Agent to Sell the Property

Dylan Cohill

Bryan Realty Group Listed on: 02/25/2021

Last Buyer's Agent

Dylan Cohill

Bryan Realty Group Listed on: 02/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $521

Lot Details

  • 5.3 Acre Lot
  • Lot Dimensions are 1.00 x 0.00
  • Cleared Lot
  • Additional Land
  • Two additional parcels- ID#98933, 98934. Included in purchase price and already subdivided
  • Property is zoned AR

Utilities

  • Well
  • Gravity Septic Field

Community Details

  • No Home Owners Association
  • Hickman Subdivision

Listing and Financial Details

  • Tax Lot 2700-000
  • Assessor Parcel Number MN-00-19600-01-2700-000

Property Details

Property Type

Land

Est. Annual Taxes

$521

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Exclusions: pool, camper
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Investment opportunity!! This 5+ acre property comes with huge upside potential from it's monthly rental income to it's possible produce revenue and future development. Located within the 3 subdivided lots is a 3 bedroom farmhouse, built in 1900 and loaded with character. It is currently occupied by seasoned tenants on lease until July 2022. Good location with quite a bit of road frontage on Delaware Rt. 16 which is an access route from Maryland to the Delaware beaches. Don't miss an amazing opportunity to own this beautiful piece of land - please schedule all appointments through Showing Time and follow all showing instructions due to property being tenant occupied.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.02
  • Street Number Modifier: 1783

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: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: WOODBRIDGE
  • School District Key: 300200396887
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: two additional parcels- ID#98933, 98934. Included in purchase price and already subdivided
  • Lot Features: Additional Lot(s), Cleared
  • Lot Size Acres: 5.30
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 230868.00
  • Possible Use: Agriculture, Land/Lot Only, Multi-Family, Residential
  • Year Assessed: 2020
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2457638
  • School Tax: 441.00
  • Tax Annual Amount: 521.00
  • Assessor Parcel Number: MN-00-19600-01-2700-000
  • Tax Lot: 2700-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

MLS Schools

  • School District Name: WOODBRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 7, 2021
Sold by
Sangkavasi Sansern and Hoover Kamoltip
Bought by
Kenyon Toby Lee and Truong Michael Huu
Seller's Agent
Dylan Cohill
Bryan Realty Group
Buyer's Agent
Dylan Cohill
Bryan Realty Group
List Price
$285,000
Sold Price
$235,000
Premium/Discount to List
-$50,000
-17.54%
Current Estimated Value
$345,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,688
Avg. Annual Appreciation
6.65%
Original Mortgage
$188,000
Outstanding Balance
$172,174
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$137,216

Purchase Details

Closed on
Feb 9, 2007
Sold by
Sangkavas Sansern and Hoover Kamoltip
Bought by
Sangkavasi Sansern and Hoover Kamoltip

Purchase Details

Closed on
Sep 23, 2005
Sold by
Coady Willam J and Coady Barbara L
Bought by
Sangkavas Sansern and Hoover Kamoltip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
5.81%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Kenyon Toby Lee $235,000 None Available
Sangkavasi Sansern -- None Available
Sangkavas Sansern $8,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenyon Toby Lee $188,000
Previous Owner Sangkavasi Sansern $200,000
Previous Owner Sangkavas Sansern $29,500
Previous Owner Sangkavas Sansern $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $235,000 0.0% $141 / Sq Ft
05/07/2021 05/07/21 Sold $235,000 -17.5% $141 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/10/2021 04/10/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $285,000 0.0% $171 / Sq Ft
02/25/2021 02/25/21 For Sale $285,000 -3.4% $171 / Sq Ft
01/20/2021 01/20/21 For Sale $295,000 -- $177 / Sq Ft
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 $1,186 $286,100 $71,500 $214,600
2023 $592 $24,000 $8,500 $15,500
2022 $546 $24,000 $8,500 $15,500
2021 $546 $24,000 $8,500 $15,500
2020 $529 $24,000 $8,500 $15,500
2019 $528 $24,000 $8,500 $15,500
2018 $470 $24,000 $8,500 $15,500
2017 $444 $24,000 $0 $0
2016 $443 $24,000 $0 $0
2015 $439 $24,000 $0 $0
2014 $438 $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dylan Cohill

    Bryan Realty Group

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Map

Source: Bright MLS

MLS Number: DEKT2000058

Bright MLS

APN: 6-00-19600-01-2700-000

Delaware Kent County Greenwood 19950

1783 Hickman Rd, Greenwood, DE

This home is located at 1783 Hickman Rd, Greenwood, DE 19950 since 25 February 2021 and is currently estimated at $345,688, approximately $207 per square foot. 1783 Hickman Rd is a home located in Kent County with nearby schools including Woodbridge Middle School and Woodbridge High School.

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