NOT LISTED FOR SALE

18631 Covey Ct Milton, DE 19968

Estimated Value: $122,000 - $940,019

0.55 Acre
$699,555 Price per Acre
23,958 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $115,000

Est. 187% increase in value since last sale

Current estimated payment $1,861/month

62 Days on Market

Highlights

  • Scenic Views
  • Milton Elementary School Rated A
  • Level Lot

About This Lot

As of February 2023

EXCELLENT OPPORTUNITY to custom build the home of your dreams in the brand new community of Quail Run. Three building lots are NOW AVAILABLE with no builder tie-in. Ready to build with approved site evaluation for Full Depth Gravity system. Great soils with potential for basement and possible pool. Minimum sq. ft. requirement 1,400 sq. ft. setbacks are 30' front 15'sides 20'rear. Spectacular setting with sunrise from the back and sunset from the front. Rural setting yet just minutes to downtown Milton, restaurants, theatre, kayaking, trails, fishing and waterfront parks. Lots 3,4 and 9 are available. GPS: 22933 Huff Rd. Milton, De.

Last Agent to Sell the Property

Alison Bailey

NextHome Tomorrow Realty License #RS-0017570 Listed on: 10/12/2022

NextHome Tomorrow Realty

Last Buyer's Agent

Alison Bailey

NextHome Tomorrow Realty License #RS-0017570 Listed on: 10/12/2022

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $119

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot
  • Cleared Lot
  • Property is zoned AR-1

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Scenic Vista Views

Utilities

  • Well Required
  • Gravity Septic Field
  • Perc Approved Septic

Community Details

  • Quail Run Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 235-24.00-252.00

Property Details

Property Type

Land

Est. Annual Taxes

$119

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: EXCELLENT OPPORTUNITY to custom build the home of your dreams in the brand new community of Quail Run. Three building lots are NOW AVAILABLE with no builder tie-in. Ready to build with approved site evaluation for Full Depth Gravity system. Great soils with potential for basement and possible pool. Minimum sq. ft. requirement 1,400 sq. ft. setbacks are 30' front 15'sides 20'rear. Spectacular setting with sunrise from the back and sunset from the front. Rural setting yet just minutes to downtown Milton, restaurants, theatre, kayaking, trails, fishing and waterfront parks. Lots 3,4 and 9 are available. GPS: 22933 Huff Rd. Milton, De.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.81
  • Street Number Modifier: 18631

Exterior Features

  • Construction Completed: No
  • View: Scenic Vista
  • 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: Perc Approved Septic, Gravity Sept Fld
  • Utilities: Electric Available
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.55
  • Lot Dimensions: 100x200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23901.00
  • Perc Type: Approved
  • Year Assessed: 2022
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 23567871
  • School Tax: 108.00
  • Tax Annual Amount: 119.00
  • Assessor Parcel Number: 235-24.00-252.00
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/22/2023

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Feb 21, 2023
Sold by
Bsp Properties Ii L L C
Bought by
Insight Building Co Llc
Seller's Agent
Alison Bailey
NextHome Tomorrow Realty
Buyer's Agent
Alison Bailey
NextHome Tomorrow Realty
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%
Views
57
Current Estimated Value
$330,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,309
Avg. Annual Appreciation
52.66%
Original Mortgage
$603,750
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Insight Building Co Llc $805,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Insight Building Co Llc $600,407
Closed Insight Building Co Llc $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $115,000 0.0% --
12/13/2022 12/13/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $115,000 -11.5% --
10/12/2022 10/12/22 For Sale $130,000 -- --
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
2024 $123 $0 $0 $0
2023 $123 $0 $0 $0
2022 $119 $0 $0 $0
2021 $118 $0 $0 $0
2020 $117 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2030826

Bright MLS

APN: 235-24.00-252.00