NOT LISTED FOR SALE

18063 Spellman Ln Ellendale, DE 19941

Ellendale Area

Estimated Value: $228,000 - $303,649

0.7 Acre
$396,303 Price per Acre
30,492 Sq Ft Lot

Sale Details

Date Sold: September 16, 2024

Last sale price $250,000

Est. 11% increase in value since last sale

Current estimated payment $1,541 / mo

36 Days on Market

About This Lot

As of September 2024

Don't miss out on this opportunity to own a decent sized piece of property situated directly on Rt.113 Dupont Hwy! This location is perfect for exposure if you are looking to have a business or turn this property into Commercial. Close to the beach towns and Delaware's Eastern Shore. Current owner is selling this parcel totaling .70 acres combined with a second parcel directly neighboring/conjoining with this one. Second parcel totals .89 The address of the second parcel is 12135 Dupont Blvd, Ellendale. Combined you will have 1.59 acres with plenty of potential. Lots have been greatly cleared since purchase. Seller is also willing to sell these parcels separately.

Last Agent to Sell the Property

Monica Arseneau

(302) 703-1144 MonicaA@northroprealty.com Northrop Realty License #RS0037173 Listed on: 06/10/2024

Northrop Realty

Last Buyer's Agent

Keanna Faison

(302) 202-9855 ashley.hess@compass.com Compass License #RS0025686

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 30,492 Sq Ft Lot
  • Lot Dimensions are 110.00 x 278.00
  • Includes PARCEL ID: 230-26.00-23.00 (Address: 12135 Dupont Blvd) which is .89 acres
  • Property is zoned AR-1

Utilities

  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230-26.00-20.00

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

0.7 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Investment, Land/Lot Only
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 13.12

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: Yes
  • Additional Parcels Description: Includes PARCEL ID: 230-26.00-23.00 (Address: 12135 Dupont Blvd) which is .89 acres
  • Lot Size Acres: 0.70
  • Lot Dimensions: 110.00 x 278.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30492.00
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 338.00
  • Tax Annual Amount: 367.00
  • Assessor Parcel Number: 230-26.00-20.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MILFORD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Sep 16, 2024
Sold by
Bought by
Seller's Agent
Monica Arseneau
Northrop Realty
Buyer's Agent
Keanna Faison
Compass
List Price
$400,000
Sold Price
$250,000
Premium/Discount to List
-$150,000
-37.5%
Views
6
Current Estimated Value
$277,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,412
Avg. Annual Appreciation
5.51%
Original Mortgage
$250,000
Outstanding Balance
$217,062
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$60,350

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ellendale, DE

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 None Listed On Document
$8,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Closed $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $250,000 -37.5% --
06/10/2024 06/10/24 For Sale $400,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $223 $6,600 $1,250 $5,350
2024 $354 $6,600 $1,250 $5,350
2023 $367 $6,600 $1,250 $5,350
2022 $361 $6,600 $1,250 $5,350
2021 $366 $6,600 $1,250 $5,350
2020 $367 $6,600 $1,250 $5,350
2019 $370 $6,600 $1,250 $5,350
2018 $371 $6,600 $0 $0
2017 $376 $6,600 $0 $0
2016 $407 $6,600 $0 $0
2015 $287 $6,600 $0 $0
2014 $277 $6,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2064266

Bright MLS

APN: 230-26.00-20.00

Your Personal Tour Guide

Ask me questions while you tour the home.