NOT LISTED FOR SALE

19120 Cool Spring Rd Milton, DE 19968

Estimated Value: $625,000 - $1,238,000

80.56 Acres
$11,545 Price per Acre
3,509,194 Sq Ft Lot

Sale Details

Date Sold: December 29, 2015

Last sale price $600,000

Est. 55% increase in value since last sale

Current estimated payment $5,086 / mo

120 Days on Market

Highlights

  • Horses Allowed On Property
  • 80.56 Acre Lot
  • No HOA
  • Love Creek Elementary School Rated A
  • Wooded Lot

About This Lot

As of December 2015

80-acre parcel of land available. Already subdivided into 4 separate parcels (three 15-acre parcels and one 35-acre parcel). Perfect location for a grand estate, compound or build on one parcel and sell the others.Existing 9-stall horse barn and garage convey with the property in as-is condition.Located just south of Lewes-Georgetown Highway in a growing residential area.

Last Agent to Sell the Property

Andrew Ratner

(302) 227-6101 andrew.ratner@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RB-0002872 Listed on: 08/24/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kathy Newcomb

(302) 227-5000 rehobothde@premiermove.com Coldwell Banker Premier - Rehoboth License #RA-0003510

Coldwell Banker Premier - Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 80.56 Acre Lot
  • Wooded Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Site Evaluation on File
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-01.00-1.02

Property Details

Property Type

Land

Lot Details

80.56 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.20

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: Site Evaluation On File, No Sewer System
  • Water Source: Well Required

Condo/Co-op/Association

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

Lot Info

  • Wooded Acres: 50.00
  • Crops Included: No
  • Horse Amenities: Horses Allowed
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 80.56
  • Lot Size Area: 3508982
  • Lot Size Description: ClearAcres: 30.00
  • Lot Dimensions: Irregular
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3508982.00
  • Zoning Description: AGRICULTURAL/RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5147552
  • Assessor Parcel Number: 234-01.00-1.02
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: CAPE HENLOPEN

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
Aug 24, 2015
Closed on
Dec 29, 2015
Sold by
Bought by
Seller's Agent
Andrew Ratner
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kathy Newcomb
Coldwell Banker Premier - Rehoboth
List Price
$700,000
Sold Price
$600,000
Premium/Discount to List
-$100,000
-14.29%
Current Estimated Value
$930,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,090
Avg. Annual Appreciation
4.25%
Original Mortgage
$480,000
Outstanding Balance
$381,879
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$548,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$600,000 None Available
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 $480,000
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
12/29/2015 12/29/15 Sold $600,000 -14.3% --
12/22/2015 12/22/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $700,000 -- --
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 $1,086 $36,850 $1,750 $35,100
2024 $1,974 $36,850 $1,750 $35,100
2023 $1,972 $36,850 $1,750 $35,100
2022 $1,904 $36,850 $1,750 $35,100
2021 $1,886 $36,850 $1,750 $35,100
2020 $1,880 $36,850 $1,750 $35,100
2019 $1,883 $36,850 $1,750 $35,100
2018 $1,759 $40,050 $0 $0
2017 $1,550 $36,850 $0 $0
2016 $493 $12,350 $0 $0
2015 $471 $12,350 $0 $0
2014 $468 $12,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Ratner

    Seller's Agent in 2015

    Andrew Ratner

    BHHS PenFed (actual)

    (302) 745-9659

    9 Total Sales

    Andrew Ratner
    Section Image
  • Kathy Newcomb

    Buyer's Agent in 2015

    Kathy Newcomb

    Coldwell Banker Premier - Rehoboth

    (302) 542-4255

    174 Total Sales

    Kathy Newcomb
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001009462

Bright MLS

APN: 234-01.00-1.02

Delaware Sussex County Milton 19968

19120 Cool Spring Rd, Milton, DE

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