NOT LISTED FOR SALE

Estimated Value: $325,000 - $379,000

3 Beds
3.5 Baths
-- Sq Ft
0.45 Acres

Last Sold July 28, 2021

Last sale price $269,000

Est. 32% increase in value since last sale

Current estimated payment $1,935/month

Highlights

  • Guest House
  • Traditional Floor Plan
  • Wood Flooring
  • Second Kitchen
  • Traditional Architecture
  • No HOA

About This Home

As of July 2021

TWO UNITS - Rent one and live in the other. Or rent both. This property offers great options. No HOA fees, well water and septic make your carrying costs low. The front house is a 2 bedroom (both on 2nd floor), 2 bath home with front porch, rear deck, wood stove, full basement and attic. The rear property is a converted pole barn with 2 bedrooms (on lower level), 1.5 baths, 2nd floor living area and partial garage storage. A new gravity septic installed for 3 bedrooms in 2018. Property offered in AS IS condition. Inspections for informational purposes. Centrally located: 7 miles to Rt 1/Five Points, Lewes, 4.5 miles to downtown Milton and 7 miles to the Circle and Rt 113, Georgetown. Gross annual rental income is $24,600. The front house is has a tenant in place until 2023. The rear property has a tenant in place with a month to month rental.

Last Agent to Sell the Property

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/21/2021

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

DEBBIE REED

(302) 227-3818 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229 Listed on: 05/21/2021

RE/MAX Realty Group Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x195
  • Partially Fenced Property
  • Property is zoned AR

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Basement Fills Entire Space Under The House
  • Stacked Washer and Dryer

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Schools

  • Georgetown Elementary School
  • Central Middle School
  • Sussex Central High School

Utilities

  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Septic Less Than The Number Of Bedrooms

Additional Features

  • Outbuilding
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235-30.00-77.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-21
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Carpet, Hardwood, Vinyl, Laminated
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Country, Wood Floors, 2nd Kitchen
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Guest House
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br, Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GEORGETOWN
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: CENTRAL MIDDLE

Lot Info

  • Fencing: Partially
  • Lot Size Acres: 0.45
  • Lot Dimensions: 100x195
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Total Actual Rent: 24600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 235-30.00-77.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 26, 2021
Sold by
Melson Erik and Melson Eric
Bought by
Emplit David W and Emplit Carol A
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$354,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,060
Avg. Annual Appreciation
6.68%
Original Mortgage
$201,500
Outstanding Balance
$183,226
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$170,834

Purchase Details

Closed on
Jul 16, 2003
Bought by
Melson Page
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
Emplit David W $269,000 None Available
Melson Page $76,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emplit David W $201,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $269,000 0.0% --
05/21/2021 05/21/21 For Sale $269,000 -- --
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 $871 $12,200 $1,500 $10,700
2024 $910 $12,200 $1,500 $10,700
2023 $931 $12,200 $1,500 $10,700
2022 $908 $12,200 $1,500 $10,700
2021 $526 $12,200 $1,500 $10,700
2020 $511 $12,200 $1,500 $10,700
2019 $508 $12,200 $1,500 $10,700
2018 $515 $12,200 $0 $0
2017 $520 $12,200 $0 $0
2016 $461 $12,200 $0 $0
2015 $473 $12,200 $0 $0
2014 $469 $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU182676

Bright MLS

APN: 235-30.00-77.00