NOT LISTED FOR SALE

22318 Cedar Ln Georgetown, DE 19947

Estimated Value: $477,000 - $1,202,000

89.65 Acres
$10,066 Price per Acre
3,905,154 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $810,000

Est. 11% increase in value since last sale

Current estimated payment $4,911/month

348 Days on Market

Highlights

  • Barn or Farm Building
  • 89.65 Acre Lot
  • No HOA

About This Lot

As of October 2020

Great opportunity to own property in Cabbage Corner, some of the property backs up to the airport, road frontage on 3 roads, perfect for development. Home and barn also included in sale.

Last Agent to Sell the Property

TERESA ROGERS

(302) 645-9215 teresarogers7@hotmail.com WILGUS ASSOCIATES-L Listed on: 07/31/2019

Last Buyer's Agent

TERESA ROGERS

(302) 645-9215 teresarogers7@hotmail.com WILGUS ASSOCIATES-L Listed on: 07/31/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,080

Lot Details

  • 89.65 Acre Lot
  • Property is zoned AR-1

Farming

  • Barn or Farm Building

Utilities

  • Well
  • Gravity Septic Field
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-20.00-81.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,080

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Agriculture, Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.23

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn, Barn/Farm Building
  • 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: Septic Exists, Gravity Sept Fld
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 22400.00
  • Lot Size Acres: 89.65
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3905154.00
  • Possible Use: Agriculture, Residential
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5132058
  • School Tax: 952.00
  • Tax Annual Amount: 1080.00
  • Assessor Parcel Number: 135-20.00-81.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Breeze-A-Bella Land Group Llc
Bought by
Keller Mark Philip and Keller Tammy Ann
Current Estimated Value
$902,379

Purchase Details

Closed on
Nov 2, 2023
Sold by
Breeze-A-Bella Land Group Llc
Bought by
State Of Delaware and Department Of Transportation

Purchase Details

Closed on
Jul 28, 2021
Sold by
Breeze A Bella Lnd Gr Llc
Bought by
Delaware State Of

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 13, 2020
Sold by
David P Elliott Ret
Bought by
Breze A Bella Lnd Grp Llc
Seller's Agent
TERESA ROGERS
WILGUS ASSOCIATES-L
Buyer's Agent
TERESA ROGERS
WILGUS ASSOCIATES-L
List Price
$895,000
Sold Price
$810,000
Premium/Discount to List
-$85,000
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$607,500
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 10, 2018
Sold by
Elliott David P
Bought by
Elliott David P

Purchase Details

Closed on
Jan 8, 2018
Sold by
Elliott David P
Bought by
Elliott David P

Purchase Details

Closed on
Sep 30, 1985
Bought by
Elliott Preston W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keller Mark Philip -- None Listed On Document
State Of Delaware -- None Listed On Document
Delaware State Of $19,800 None Available
Breze A Bella Lnd Grp Llc $810,000 None Available
Elliott David P -- --
Elliott David P -- --
Elliott Preston W $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breze A Bella Lnd Grp Llc $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $810,000 -9.5% --
07/13/2020 07/13/20 Pending -- -- --
07/31/2019 07/31/19 For Sale $895,000 -- --
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 $1,964 $28,700 $6,300 $22,400
2024 $1,136 $28,700 $6,300 $22,400
2023 $1,130 $28,700 $6,300 $22,400
2022 $1,114 $28,700 $6,300 $22,400
2021 $1,081 $28,700 $6,300 $22,400
2020 $1,101 $28,700 $6,300 $22,400
2019 $1,084 $28,700 $6,300 $22,400
2018 $1,107 $28,700 $0 $0
2017 $744 $28,700 $0 $0
2016 $675 $28,700 $0 $0
2015 $691 $28,700 $0 $0
2014 $676 $28,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TERESA ROGERS

    Seller's Agent in 2020

    TERESA ROGERS

    WILGUS ASSOCIATES-L

    (302) 645-9215

    20 in this area

    50 Total Sales

    TERESA ROGERS
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Map

Source: Bright MLS

MLS Number: DESU100107

Bright MLS

APN: 135-20.00-81.00

Delaware Sussex County Georgetown 19947

22318 Cedar Ln, Georgetown, DE

Not Listed for Sale

Lots

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