NOT LISTED FOR SALE

223 N Lake Dr Unit 20 Milton, DE 19968

Estimated Value: $64,000 - $272,000

0.25 Acre
$609,332 Price per Acre
10,890 Sq Ft Lot

Last Sold May 01, 2019

Last sale price $37,500

Est. 306% increase in value since last sale

Current estimated payment $816/month

About This Lot

As of May 2019

SELLERS MOTIVATED, all reasonable offers considered. Wooded lot waiting for your new home to be placed on it! Great location close to beaches and Georgetown but in a quiet area away from the beach hustle and bustle! New Site Evaluation on file for full depth gravity fed seepage trench or bed disposal system.

Last Agent to Sell the Property

Allen Jarmon

(302) 745-5122 ajarmon113@gmail.com NextHome Tomorrow Realty License #RA-0002913 Listed on: 05/24/2018

NextHome Tomorrow Realty

Last Buyer's Agent

Andrew Bryan

(302) 242-4328 andrewbryanbrg@gmail.com Bryan Realty Group License #RB-0030961

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $107

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 133
  • Wooded Lot
  • Property is zoned MR, GENERAL RESIDENTIAL

HOA Fees

  • $10 Monthly HOA Fees

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • Lazy Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235-26.00-64.00

Property Details

Property Type

Land

Est. Annual Taxes

$107

Lot Details

0

HOA Fees

$10 per month

Listing Details

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

Interior Features

  • Price Per Sq Ft: 3.67

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 Sewer System
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.25
  • Lot Dimensions: 75 x 133
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Zoning: MR
  • Zoning Description: GENERAL RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5176063
  • Assessor Parcel Number: 235-26.00-64.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Gallo Joann and Gallo Floyd
Bought by
Le Tham and Buonopane Mario
Current Estimated Value
$152,333

Purchase Details

Listed on
May 24, 2018
Closed on
May 20, 2019
Sold by
Weidinger Eric and Weidinger Diane M
Bought by
Gallo Floyd and Gallo Joann
Seller's Agent
Allen Jarmon
NextHome Tomorrow Realty
Buyer's Agent
Andrew Bryan
Bryan Realty Group
List Price
$45,000
Sold Price
$37,500
Premium/Discount to List
-$7,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.07%
Original Mortgage
$28,125
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2001
Bought by
Weidinger Eric and Weidinger Diane M
Source: Public Records

Range of Values:

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
Le Tham $60,000 None Listed On Document
Gallo Floyd $37,500 --
Weidinger Eric $21,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallo Floyd $28,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $37,500 -6.3% --
03/18/2019 03/18/19 Pending -- -- --
09/08/2018 09/08/18 Price Changed $40,000 -11.1% --
05/24/2018 05/24/18 For Sale $45,000 -- --
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 $107 $2,500 $2,500 $0
2024 $123 $2,500 $2,500 $0
2023 $123 $2,500 $2,500 $0
2022 $119 $2,500 $2,500 $0
2021 $118 $2,500 $2,500 $0
2020 $117 $2,500 $2,500 $0
2019 $118 $2,500 $2,500 $0
2018 $110 $2,500 $0 $0
2017 $105 $2,500 $0 $0
2016 $100 $2,500 $0 $0
2015 $95 $2,500 $0 $0
2014 $95 $2,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001585766

Bright MLS

APN: 235-26.00-64.00