NOT LISTED FOR SALE

18317 Warrington Ct Georgetown, DE 19947

0.32 Acre
-- Price per Acre
13,939 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $700,000

7 Days on Market

About This Lot

As of June 2024

Unique opportunity to acquire a mobile home SUBDIVISION, not a mobile home park. This is a 12-lot general residential subdivision and since each lot is deeded separately, it is not subject to the rules governing the leasing/purchase/sale of mobile home parks. This is a residential subdivision where the owner chose to place mobile homes on the lots and rent the lot/home package, rather than sell the lots. Offered for sale "as is" as a package only--no individual lot sales. There are a lot of good options here! A new owner can simply continue to operate the development as a portfolio of rental units or at the per-lot price of $66,250, you could redevelop the site altogether. Currently the 12 lots are served by two water wells, two lots have their own septic systems and the remaining 10 lots share five septic systems (two lots per system). 10 homes are rented and current, 2 homes are in need of renovation in order to rent them. Great opportunity for an entrepreneur, 1031 exchange. Financial details, rent roll, individual home showing are available to buyers with a Non-Disclosure agreement and/or contingent offer contract

Last Agent to Sell the Property

Robert Wheatley

bob@rcwheatley.com Keller Williams Realty License #RA-0020418 Listed on: 02/19/2024

Keller Williams Realty

Last Buyer's Agent

Robert Wheatley

bob@rcwheatley.com Keller Williams Realty License #RA-0020418 Listed on: 02/19/2024

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 133.00 x 105.00
  • Property is zoned GR

Utilities

  • Well
  • Low Pressure Pipe
  • Gravity Septic Field
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 135-05.00-42.02

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Multi Residential, Mobile/Trailer Park
  • Inclusions: Mobile homes on lots
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Unique opportunity to acquire a mobile home SUBDIVISION, not a mobile home park. This is a 12-lot general residential subdivision and since each lot is deeded separately, it is not subject to the rules governing the leasing/purchase/sale of mobile home parks. This is a residential subdivision where the owner chose to place mobile homes on the lots and rent the lot/home package, rather than sell the lots. Offered for sale "as is" as a package only--no individual lot sales. There are a lot of good options here! A new owner can simply continue to operate the development as a portfolio of rental units or at the per-lot price of $66,250, you could redevelop the site altogether. Currently the 12 lots are served by two water wells, two lots have their own septic systems and the remaining 10 lots share five septic systems (two lots per system). 10 homes are rented and current, 2 homes are in need of renovation in order to rent them. Great opportunity for an entrepreneur, 1031 exchange. Financial details, rent roll, individual home showing are available to buyers with a Non-Disclosure agreement and/or contingent offer contract
  • Special Features: None

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 57.03
  • Street Number Modifier: 18317

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, Low Pressure Pipe (LPP), Mound System
  • Water Source: Well

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: 999
  • Lot Size Acres: 0.32
  • Lot Dimensions: 133.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13939.00
  • Year Assessed: 2023
  • Zoning: GR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 265.00
  • Tax Annual Amount: 297.00
  • Assessor Parcel Number: 135-05.00-42.02
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/12/2024

MLS Schools

  • School District Name: INDIAN RIVER

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $700,000 -11.9% --
02/26/2024 02/26/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $795,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Wheatley

    Seller's Agent in 2024

    Robert Wheatley

    Keller Williams Realty

    (302) 841-9320

    3 in this area

    24 Total Sales

    Robert Wheatley
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2056422

Bright MLS

APN: 135-5.00-42.02

Delaware Sussex County Georgetown 19947

18317 Warrington Ct, Georgetown, DE

This home is located at 18317 Warrington Ct, Georgetown, DE 19947 since 19 February 2024. 18317 Warrington Ct is a home located in Sussex County with nearby schools including North Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

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