NOT LISTED FOR SALE

213 Nesbitt Dr Seaford, DE 19973

Estimated Value: $5,087,793

5 Acres
$1,017,559 Price per Acre
217,800 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $185,000

Est. 2,650% increase in value since last sale

Current estimated payment $27,939/month

310 Days on Market

About This Lot

As of May 2019

5 acre lot in the Seaford Industrial Park - lot to be subdivided off a larger parcel. Property backs up to the rail line. City water & sewer.

Last Agent to Sell the Property

Henry Hanna

(410) 543-2419 henry.hanna@svn.com SVN |Miller Commercial Real Estate Listed on: 02/27/2018

SVN |Miller Commercial Real Estate

Co-Listed By

Tom Knopp

(302) 249-9097 tom.knopp@svn.com SVN |Miller Commercial Real Estate

Last Buyer's Agent

Donnie Horton

(302) 593-0262 remaxoffice21921@gmail.com RE/MAX Chesapeake License #RB0020335

RE/MAX Chesapeake

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,450

Lot Details

  • 5 Acre Lot
  • Cleared Lot
  • Property is zoned LIGHT INDUSTRIAL

Schools

  • Frederick Douglass Elementary School
  • Seaford Middle School
  • Seaford High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 531-10.00-236.14

Property Details

Property Type

Land

Est. Annual Taxes

$1,450

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: West of Rt 13
  • Current Use: Industrial
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.92

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: Public Sewer, Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FREDERICK DOUGLASS
  • High School: SEAFORD
  • Middle Or Junior School: SEAFORD

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 5.00
  • Lot Size Area: 5
  • Lot Size Description: ClearAcres: 5.00
  • Lot Dimensions: to be determined
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Zoning: LIGHT INDUSTRIAL
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5245200
  • Tax Annual Amount: 1450.00
  • Assessor Parcel Number: 531-10.00-236.14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No

Multi Family

  • Income Expense List: Total Tax Bill

MLS Schools

  • School District Name: SEAFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Nesbitt Partners Llc
Bought by
Andcliff Rents Llc
Current Estimated Value
$5,087,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Outstanding Balance
$4,198,968
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$888,825

Purchase Details

Closed on
Dec 1, 2020
Sold by
Nesbitt Partners Llc
Bought by
Nesbitt Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,161,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 27, 2018
Closed on
May 30, 2019
Sold by
Nesbitt Partners Llc
Bought by
Granger 2Nd Property Llc
Seller's Agent
Henry Hanna
SVN |Miller Commercial Real Estate
Buyer's Agent
Donnie Horton
RE/MAX Chesapeake
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.86%

Purchase Details

Closed on
Jun 11, 2013
Sold by
Nesbitt Partners Llc
Bought by
The City Of Seaford

Purchase Details

Closed on
May 14, 2012
Bought by
Nesbitt Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2011
Sold by
Christopher Sheriff Jeffery
Bought by
V & C Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Andcliff Rents Llc $5,000,000 None Listed On Document
Andcliff Rents Llc $5,000,000 None Listed On Document
Nesbitt Partners Llc -- None Available
Granger 2Nd Property Llc $185,000 --
The City Of Seaford -- --
Nesbitt Partners Llc $1,700,000 --
V & C Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andcliff Rents Llc $4,250,000
Closed Andcliff Rents Llc $4,250,000
Previous Owner Nesbitt Partners Llc $2,161,000
Previous Owner Nesbitt Partners Llc $1,000,000
Previous Owner Nesbitt Partners Llc $1,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $185,000 -7.5% --
01/03/2019 01/03/19 Pending -- -- --
02/27/2018 02/27/18 For Sale $200,000 -- --
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 $14,111 $299,100 $24,250 $274,850
2024 $14,411 $299,100 $24,250 $274,850
2023 $14,399 $299,100 $24,250 $274,850
2022 $14,039 $299,100 $24,250 $274,850
2021 $14,095 $299,100 $24,250 $274,850
2020 $15,277 $299,100 $24,250 $274,850
2019 $13,378 $299,100 $24,250 $274,850
2018 $13,542 $299,100 $0 $0
2017 $12,847 $299,100 $0 $0
2016 $12,387 $299,100 $0 $0
2015 $12,365 $299,100 $0 $0
2014 $11,718 $299,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001570852

Bright MLS

APN: 531-10.00-236.14