NOT LISTED FOR SALE

20229 W Piney Grove Rd Georgetown, DE 19947

Estimated Value: $113,094 - $275,000

1.92 Acres
$81,393 Price per Acre
83,635 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $105,000

Est. 49% increase in value since last sale

Current estimated payment $841/month

7 Days on Market

About This Lot

As of August 2023

Embrace the opportunity to own a remarkable 1.9 acre lot, brimming with potential. With a shovel-ready status, this vacant land awaits your unique vision and custom home plans. Best of all, there are no builder ties, giving you the freedom to create without limitations.

The lot is located in an exceptional location just minutes from the heart of Georgetown and conveniently positioned en route to the Delaware beaches, this prime lot offers the best of both worlds.

Imagine the endless potential that awaits you - whether it's crafting a captivating spec house, an alluring Airbnb retreat, or the home of your dreams, the choice is yours. Moreover, the property already boasts an approved permit for a sand mound septic system, making your development journey even smoother.

Seize this unparalleled chance to unlock the full potential of this canvas and shape your aspirations into reality. Don't miss out on this extraordinary opportunity to create your ideal living space in an idyllic location. Act now to build your dream home in an incredible location!

Last Agent to Sell the Property

Tyler Nicholls

(302) 423-1848 reftyler@yahoo.com Iron Valley Real Estate Premier License #rs-0023081 Listed on: 07/03/2023

Iron Valley Real Estate Premier

Last Buyer's Agent

Casey Albert

(302) 448-8108 casey.albert@exprealty.com EXP Realty, LLC License #RS0038586

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $179

Lot Details

  • 1.92 Acre Lot
  • Cleared Lot
  • Property is zoned AR-1

Utilities

  • Well Required
  • Applied For Permit
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 133-05.00-36.05

Property Details

Property Type

Land

Est. Annual Taxes

$179

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.31
  • Street Number Modifier: 20229

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: No Septic System, Applied For Permit
  • Water Source: Well Required

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
  • Lot Features: Cleared
  • Lot Size Acres: 1.92
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 83635.00
  • Perc Type: Approved
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 133-05.00-36.05
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Close Date: 08/25/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 25, 2023
Sold by
Hazard Victor A and Hazard Deborah R
Bought by
Drury Heather
Seller's Agent
Tyler Nicholls
Iron Valley Real Estate Premier
Buyer's Agent
Casey Albert
EXP Realty, LLC
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Views
189
Current Estimated Value
$156,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,274
Avg. Annual Appreciation
21.18%
Original Mortgage
$78,750
Outstanding Balance
$77,023
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$79,251

Purchase Details

Closed on
Dec 30, 2021
Sold by
Rockey Cox
Bought by
Hazard Victor A and Hazard Deborah R

Purchase Details

Closed on
Jun 16, 2017
Sold by
Paf Llc
Bought by
Cox Rocky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2013
Sold by
Kruger Alvin and Kruger Josephine
Bought by
Paf Llc
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
Drury Heather $105,000 None Listed On Document
Hazard Victor A $88,000 Smith Firm Llc
Cox Rocky $65,000 None Available
Paf Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drury Heather $78,750
Previous Owner Cox Rocky $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $105,000 -4.5% --
07/10/2023 07/10/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $109,900 -- --
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 $179 $2,900 $2,900 $0
2024 $134 $2,900 $2,900 $0
2023 $134 $2,900 $2,900 $0
2022 $132 $2,900 $2,900 $0
2021 $128 $2,900 $2,900 $0
2020 $123 $2,900 $2,900 $0
2019 $122 $2,900 $2,900 $0
2018 $135 $2,900 $0 $0
2017 $111 $2,900 $0 $0
2016 $111 $2,900 $0 $0
2015 $114 $2,900 $0 $0
2014 $113 $2,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Nicholls

    Seller's Agent in 2023

    Tyler Nicholls

    Iron Valley Real Estate Premier

    (302) 423-1848

    5 in this area

    164 Total Sales

    Tyler Nicholls
    Section Image
  • Casey Albert

    Buyer's Agent in 2023

    Casey Albert

    EXP Realty, LLC

    (302) 448-8108

    2 in this area

    8 Total Sales

    Casey Albert
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2043986

Bright MLS

APN: 133-05.00-36.05

Delaware Sussex County Georgetown 19947

20229 W Piney Grove Rd, Georgetown, DE

This home is located at 20229 W Piney Grove Rd, Georgetown, DE 19947 since 03 July 2023 and is currently estimated at $156,274. 20229 W Piney Grove 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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