NOT LISTED FOR SALE

18055 County Seat Hwy Georgetown, DE 19947

Estimated Value: $427,000 - $612,000

2.27 Acres
$234,215 Price per Acre
98,881 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $87,000

Est. 330% increase in value since last sale

Current estimated payment $2,028/month

About This Lot

As of July 2021

Situated on the western side of Georgetown is where you will find approximately 2.27 +/- acres of land that will make the perfect location for your new home. This mostly cleared parcel allows you to not worry with additional clearing expenses during construction. Expired site evaluation on file for mound septic system. Be sure to come and take a look at this property today before it is sold.

Last Agent to Sell the Property

Deziree Gardner

(302) 682-0760 deziree.gardner@indianriverland.com INDIAN RIVER LAND CO License #24874995 Listed on: 11/02/2020

Last Buyer's Agent

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 2.27 Acre Lot
  • Property is zoned AR-1

Utilities

  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 231-19.00-9.00

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.91

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: No Septic System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.27
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98881.00
  • 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: 5140593
  • School Tax: 224.00
  • Tax Annual Amount: 254.00
  • Assessor Parcel Number: 231-19.00-9.00
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jul 13, 2021
Sold by
Frazier Sidney R
Bought by
Campos Sandra M
Seller's Agent
Deziree Gardner
INDIAN RIVER LAND CO
Buyer's Agent
Dustin Parker
The Parker Group
List Price
$100,000
Sold Price
$87,000
Premium/Discount to List
-$13,000
-13%
Current Estimated Value
$373,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,904
Avg. Annual Appreciation
52.49%
Original Mortgage
$412,454
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2011
Bought by
Frazier Sidney Ray

Purchase Details

Closed on
May 26, 2011
Bought by
Frazier Sidney Ray
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
Campos Sandra M $87,000 None Available
Frazier Sidney Ray $64,500 --
Frazier Sidney Ray $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Campos Sandra M $412,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $87,000 -3.3% --
03/05/2021 03/05/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $90,000 -10.0% --
11/02/2020 11/02/20 For Sale $100,000 -- --
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 $799 $6,750 $2,250 $4,500
2024 $1,128 $6,750 $2,250 $4,500
2023 $1,126 $6,750 $2,250 $4,500
2022 $281 $6,750 $2,250 $4,500
2021 $271 $6,750 $2,250 $4,500
2020 $259 $6,750 $2,250 $4,500
2019 $257 $6,750 $2,250 $4,500
2018 $259 $6,750 $0 $0
2017 $262 $6,750 $0 $0
2016 $231 $6,750 $0 $0
2015 $237 $6,750 $0 $0
2014 $233 $6,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deziree Gardner

    Seller's Agent in 2021

    Deziree Gardner

    INDIAN RIVER LAND CO

    (302) 682-0760

    5 in this area

    13 Total Sales

    Deziree Gardner
    Section Image
  • Dustin Parker

    Buyer's Agent in 2021

    Dustin Parker

    The Parker Group

    (302) 483-7688

    47 in this area

    771 Total Sales

    Dustin Parker
    Section Image

  • E

    Buyer Co-Listing Agent in 2021

    Elizabeth Mantey

    Compass

    (518) 390-7074

    9 in this area

    66 Total Sales

    Elizabeth Mantey
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU172434

Bright MLS

APN: 231-19.00-9.00

Delaware Sussex County Georgetown 19947

18055 County Seat Hwy, Georgetown, DE

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