NOT LISTED FOR SALE

22318 Peterkins Rd Georgetown, DE 19947

Estimated Value: $186,799 - $472,000

61.37 Acres
$5,367 Price per Acre
2,673,277 Sq Ft Lot

Last Sold July 01, 2019

Last sale price $650,000

Est. 49% decrease in value since last sale

Current estimated payment $1,761/month

About This Lot

As of July 2019

61 acres centrally located between Milton(6 miles), Millsboro(6miles),Lewes(11 Miles), Georgetown(4.5miles) and only 15 minutes to Rehoboth. Approximately 4000 feet of road frontage on three roads( Gravel Hill, Springfield and Peterkins) Ideal for large homesites or a combination of large homesites and development. There is one dwelling on the property and is currently rented but not of significant value. Property is sold as is with no warranties expressed or implied. All inspections will be for the buyers information only.

Last Agent to Sell the Property

Gary Brittingham

(302) 745-5605 g.brittingham@mchsi.com JACK LINGO MILLSBORO License #RS0015331 Listed on: 12/11/2018

JACK LINGO MILLSBORO

Last Buyer's Agent

Kathie Wood

(302) 228-2944 kathleenwood@jacklingo.com Jack Lingo - Lewes License #RS-0021912

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Lot Details

  • 61.37 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-08.00-38.00

Property Details

Property Type

Land

Est. Annual Taxes

$289

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
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: 61 acres centrally located between Milton(6 miles), Millsboro(6miles),Lewes(11 Miles), Georgetown(4.5miles) and only 15 minutes to Rehoboth. Approximately 4000 feet of road frontage on three roads( Gravel Hill, Springfield and Peterkins) Ideal for large homesites or a combination of large homesites and development. There is one dwelling on the property and is currently rented but not of significant value. Property is sold as is with no warranties expressed or implied. All inspections will be for the buyers information only.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.26
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22318

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

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 Size Acres: 61.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2673277.00
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5169392
  • School Tax: 255.00
  • Tax Annual Amount: 289.00
  • Assessor Parcel Number: 234-08.00-38.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 07/01/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Wilsons Landing Llc
Bought by
Stoeckel Gerald Ronald and Stoeckel Kim M
Current Estimated Value
$329,400

Purchase Details

Closed on
Nov 12, 2020
Sold by
Wilsons Landing Llc
Bought by
Redick David C and Redick Lisa M

Purchase Details

Closed on
Oct 28, 2020
Sold by
Wilsons Landing Llc
Bought by
Wilsons Landing Llc

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jul 1, 2019
Sold by
Wilson Richard K and Hitchens Joan A
Bought by
Wilsons Landing Llc
Seller's Agent
Gary Brittingham
JACK LINGO MILLSBORO
Buyer's Agent
Kathie Wood
Jack Lingo - Lewes
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.18%

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jun 28, 2019
Sold by
Wilson Ingeborg A
Bought by
Studer Diane and Erickson Donna
Seller's Agent
Gary Brittingham
JACK LINGO MILLSBORO
Buyer's Agent
Kathie Wood
Jack Lingo - Lewes
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Purchase Details

Closed on
Jun 8, 1991
Bought by
Wilson Richard Kenneth Ronald Thom
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
Stoeckel Gerald Ronald $7,000 --
Redick David C $135,000 None Available
Wilsons Landing Llc -- None Available
Wilsons Landing Llc $650,000 --
Studer Diane -- --
Wilson Richard Kenneth Ronald Thom -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $650,000 -7.0% --
03/18/2019 03/18/19 For Sale $699,000 0.0% --
03/17/2019 03/17/19 Pending -- -- --
03/16/2019 03/16/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $699,000 -- --
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 $410 $7,650 $1,500 $6,150
2024 $316 $7,650 $1,500 $6,150
2023 $316 $7,650 $1,500 $6,150
2022 $311 $7,650 $1,500 $6,150
2021 $302 $7,650 $1,500 $6,150
2020 $288 $7,650 $1,500 $6,150
2019 $286 $7,650 $1,500 $6,150
2018 $289 $7,650 $0 $0
2017 $292 $7,650 $0 $0
2016 $257 $7,650 $0 $0
2015 $265 $7,650 $0 $0
2014 $261 $7,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU126228

Bright MLS

APN: 234-08.00-38.00