NOT LISTED FOR SALE

20063 Asketum Branch Rd Georgetown, DE 19947

Estimated Value: $627,665 - $717,000

-- Bed
-- Bath
-- Sq Ft
64.91 Acres

Last Sold February 03, 2020

Last sale price $420,000

Est. 60% increase in value since last sale

Current estimated payment $3,571/month

13 Days on Market

Highlights

  • 64.91 Acre Lot
  • Crops
  • Hunting Land
  • No HOA
  • Farm

About This Home

As of February 2020

64.91+/- Acres consisting of two parcels: 58.76+/- Acres (133-9.00-6.00) & 6.15+/- Acres (133-9.00-44.01) of majority tillable, productive, well drained, farmland on Asketum Rd & Parsons Rd, Georgetown, DE. This is a working farm. This farm does not have a dwelling. Tenant Farmer has option for 2020 growing season at his discretion.

Last Agent to Sell the Property

Paul Townsend

(302) 236-3212 paul@jgtownsend.com Jack Lingo - Lewes License #RA-0030987 Listed on: 12/21/2019

Jack Lingo - Lewes

Co-Listed By

Darlene Townsend

(302) 542-6379 darlene@delaware.net Jack Lingo - Lewes License #RS-0022918

Last Buyer's Agent

Paul Townsend

(302) 236-3212 paul@jgtownsend.com Jack Lingo - Lewes License #RA-0030987 Listed on: 12/21/2019

Jack Lingo - Lewes

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $82

Lot Details

  • 64.91 Acre Lot
  • Hunting Land
  • Rural Setting
  • Sale also includes Tax Map Parcel #: 133-9.00-44.01, 6.15+/- Acres w/ road frontage on Asketum Branch Rd & Parsons Rd.
  • Ground Rent
  • Property is zoned AR-1, Agricultural/Residential

Home Design

  • Farm

Additional Features

  • Crops
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 133-09.00-6.00

Property Details

Property Type

Other

Est. Annual Taxes

$82

Lot Details

0

Listing Details

  • Property Type: Farm
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Remarks Public: 64.91+/- Acres consisting of two parcels: 58.76+/- Acres (133-9.00-6.00) & 6.15+/- Acres (133-9.00-44.01) of majority tillable, productive, well drained, farmland on Asketum Rd & Parsons Rd, Georgetown, DE. This is a working farm. This farm does not have a dwelling. Tenant Farmer has option for 2020 growing season at his discretion.
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Levels Count: Other
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20063

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale also includes Tax Map Parcel #: 133-9.00-44.01, 6.15+/- Acres w/ road frontage on Asketum Branch Rd & Parsons Rd.
  • Crops Included: No
  • Farm Features: Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: Row Crop
  • Land Use Code: FH
  • Lot Size Acres: 64.91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2827479.60
  • Year Assessed: 2019
  • Zoning: AR-1
  • Zoning Description: Agricultural/Residential
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 79.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 90.00
  • Assessor Parcel Number: 133-09.00-6.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/03/2020

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2019
Closed on
Feb 3, 2020
Sold by
R & R Workman Farms Llc
Bought by
Gary L Conaway Llc
Seller's Agent
Paul Townsend
Jack Lingo - Lewes
Buyer's Agent
Paul Townsend
Jack Lingo - Lewes
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$672,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,333
Avg. Annual Appreciation
-0.33%

Purchase Details

Closed on
Sep 27, 2010
Bought by
Workman R & R Farms Llc
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
Gary L Conaway Llc $420,000 None Available
Workman R & R Farms Llc -- --
Workman R & R Farms Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $420,000 -9.1% --
01/03/2020 01/03/20 Pending -- -- --
12/31/2019 12/31/19 Price Changed $462,000 +10.0% --
12/21/2019 12/21/19 For Sale $420,000 -- --
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 $82 $2,400 $1,000 $1,400
2024 $182 $2,400 $1,000 $1,400
2023 $181 $2,400 $1,000 $1,400
2022 $180 $2,400 $1,000 $1,400
2021 $177 $2,400 $1,000 $1,400
2020 $173 $2,400 $1,000 $1,400
2019 $172 $2,400 $1,000 $1,400
2018 $173 $2,400 $0 $0
2017 $92 $2,400 $0 $0
2016 $163 $2,400 $0 $0
2015 $165 $2,400 $0 $0
2014 $164 $2,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Townsend

    Seller's Agent in 2020

    Paul Townsend

    Jack Lingo - Lewes

    (302) 236-3212

    2 in this area

    224 Total Sales

    Paul Townsend
    Section Image
  • Darlene Townsend

    Seller Co-Listing Agent in 2020

    Darlene Townsend

    Jack Lingo - Lewes

    (302) 542-6379

    2 in this area

    12 Total Sales

    Darlene Townsend
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU153012

Bright MLS

APN: 133-09.00-6.00

Delaware Sussex County Georgetown 19947

20063 Asketum Branch Rd, Georgetown, DE

This home is located at 20063 Asketum Branch Rd, Georgetown, DE 19947 since 21 December 2019 and is currently estimated at $672,333. 20063 Asketum Branch Rd 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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