NOT LISTED FOR SALE

Estimated Value: $201,062

0.46 Acre
$437,091 Price per Acre
20,038 Sq Ft Lot

Last Sold May 21, 2019

Last sale price $120,000

Est. 68% increase in value since last sale

Current estimated payment $1,500/month

1 Day on Market

Highlights

  • Recreation Facilities
  • Public Transportation
  • Level Lot
  • Walking Distance to Water
  • Shops

About This Lot

As of May 2019

Extremely rare, nearly half-acre lot that can be converted from Commercial zoning to Residential zoning with approvals. Unique opportunity as lot is currently partially zoned commercial and partially residential. The move is to get approval for 100% residential zoning with a variance to build two houses on two separate lots of 10,000 sq ft each. Variance required! Subject to buyer's due diligence. Research has been done. Kent County water connected now. Natural gas and sewer available in street. Convenient location! Current building to be razed. Motivated seller!

Last Listed By

John Chapski

Coldwell Banker Realty License #REB.0018078 Listed on: 04/19/2019

Coldwell Banker Realty

Property Details

Property Type

  • Land

Year Built

  • 1972

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Property is zoned GEN BUS

Parking

  • Driveway

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 21IDAHOSTCVEN

Community Details

Overview

  • Tiogue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities
  • Walking Distance to Water

Property Details

Property Type

Land

Year Built

1972

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Road Surface Type: Asphalt
  • Subdivision Name: TIOGUE
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built (Public Record): 1972

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • Waterfront Features: Walk to Water
  • Construction Type: Other
  • Exterior Features: Paved Driveway

Utilities

  • Sewer: Storm Sewer
  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping, Street Lights
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 21IDAHOSTCVEN
  • Zoning Description: Residential
  • Zoning: GEN BUS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3227.0
  • Tax Lot: 64
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 21, 2019
Sold by
Jones Julia A and Jones Donald L
Bought by
Fact Realty Llc
Seller's Agent
John Chapski
Coldwell Banker Realty
Buyer's Agent
John Chapski
Coldwell Banker Realty
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%
Total Days on Market
1
Current Estimated Value
$201,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,062

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
Fact Realty Llc $120,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $120,000 -25.0% --
04/21/2019 04/21/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $160,000 -- --
Source: State-Wide 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 $4,637 $208,300 $109,800 $98,500
2023 $4,489 $208,300 $109,800 $98,500
2022 $2,677 $113,500 $90,200 $23,300
2021 $2,655 $113,500 $90,200 $23,300
2020 $3,043 $113,500 $90,200 $23,300
2019 $2,812 $104,900 $71,300 $33,600
2018 $3,228 $123,900 $71,300 $52,600
2017 $3,133 $123,900 $71,300 $52,600
2016 $3,030 $117,400 $69,900 $47,500
2015 $2,947 $117,400 $69,900 $47,500
2014 $2,886 $117,400 $69,900 $47,500
2013 $2,930 $130,300 $78,400 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1220881

State-Wide MLS

APN: COVE-000038-000000-000064