NOT LISTED FOR SALE

22467 Gravel Hill Rd Georgetown, DE 19947

Estimated Value: $450,000 - $521,000

3 Beds
1 Bath
1,940 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $430,000 $222 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,670/month

Highlights

  • Stables
  • Panoramic View
  • Traditional Floor Plan
  • Second Garage
  • 8.9 Acre Lot
  • Rambler Architecture

About This Home

As of December 2021

8.9 acres with 453 feet of frontage on Gravel Hill Road. This farmette with well maintained brick ranch, barns, attached and detached heated garage and several other building are ready for your plans. I see a horse farm, muli-family arrangement, hunting the wooded area that backs to large ditch area, peaceful area to make your plans a reality. Close to all the resort beaches and marineas yet far enough away to avoid the business. The home boast lovely hardwood flooring through out, a newer sun-room with brick walls and wood ceiling, Large great room with brick fireplace with insert and built in areas. Slate foyer area and so much more. Home is a little dated but, classic and so well cared for. The acreage makes the possibilities endless.

Last Agent to Sell the Property

Myra Mitchell

(302) 236-6846 mmitchell29@comcast.net RE/MAX Horizons License #RS-0012958 Listed on: 07/13/2021

RE/MAX Horizons

Last Buyer's Agent

Joann Glussich

(302) 703-7033 joannglussich@kw.com Keller Williams Realty License #RS-0021140

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1961

Lot Details

  • 8.9 Acre Lot
  • Lot Dimensions are 452 x 885
  • Rural Setting
  • West Facing Home
  • Planted Vegetation
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned AR-1

Parking

  • 5 Garage Spaces | 4 Direct Access and 1 Detached
  • Second Garage
  • Lighted Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Panoramic
  • Woods
  • Pasture

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Wood Walls
  • Batts Insulation
  • Architectural Shingle Roof
  • Stick Built Home
  • CPVC or PVC Pipes
  • Masonry

Interior Spaces

  • 1,940 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Bar
  • Paneling
  • Wood Ceilings
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Bay Window
  • Wood Frame Window
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Country Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Farming

  • Beef Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Gravity Septic Field
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-08.00-56.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1961

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Barns, Shed, Oil Tanks, Fencing
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: 8.9 acres with 453 feet of frontage on Gravel Hill Road. This farmette with well maintained brick ranch, barns, attached and detached heated garage and several other building are ready for your plans. I see a horse farm, muli-family arrangement, hunting the wooded area that backs to large ditch area, peaceful area to make your plans a reality. Close to all the resort beaches and marineas yet far enough away to avoid the business. The home boast lovely hardwood flooring through out, a newer sun-room with brick walls and wood ceiling, Large great room with brick fireplace with insert and built in areas. Slate foyer area and so much more. Home is a little dated but, classic and so well cared for. The acreage makes the possibilities endless.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dryer, Oven - Self Cleaning, Washer
  • Flooring Type: Carpet, Hardwood, Vinyl, Wood
  • Interior Amenities: Attic, Bar, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Country, Tub Shower, Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Double Pane, Replacement, Screens, Vinyl Clad, Wood Frame
  • Fireplace Features: Brick, Insert, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, Dry Wall, Paneled Walls, Wood Ceilings, Wood Walls
  • Foundation Details: Brick/Mortar, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1940
  • Living Area Sq Ft: 1940
  • Price Per Sq Ft: 237.06
  • Above Grade Finished Sq Ft: 1940
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22467

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage, Barn/Farm Building, BeefBarn, Garage(s)
  • Construction Materials: Batts Insulation, Block, Brick, Cpvc/Pvc, Masonry, Stick Built
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Panoramic, Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Crushed Stone, Lighted Parking
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 4
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Detached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv, Electric Available, Phone Available
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed, Stable(s)
  • Improvement Assessed Value: 16000.00
  • Land Assessed Value: 6700.00
  • Land Use Code: RS
  • Lot Features: Backs To Trees, Front Yard, Rear Yard, Sideyard(s), Vegetation Planting
  • Lot Size Acres: 8.90
  • Lot Dimensions: 452 x 885
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 387684.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Soil Types: Loam, Sandy
  • Year Assessed: 2021
  • Zoning: AR-1
  • Zoning Description: Single Residential
  • In City Limits: No

Green Features

  • R Factor Ceilings: 30
  • R Factor Ext Walls: 19

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5169452
  • School Tax: 794.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 895.00
  • Assessor Parcel Number: 234-08.00-56.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/27/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Farrall Chris
Bought by
River Mountain Holdings Llc
Current Estimated Value
$494,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2021
Closed on
Dec 27, 2021
Sold by
Houseman Darlene D
Bought by
Farrall Chris
Seller's Agent
Myra Mitchell
RE/MAX Horizons
Buyer's Agent
Joann Glussich
Keller Williams Realty
List Price
$479,900
Sold Price
$430,000
Premium/Discount to List
-$49,900
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$408,500
Interest Rate
3.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
River Mountain Holdings Llc -- None Listed On Document
River Mountain Holdings Llc -- None Listed On Document
Farrall Chris $430,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner River Mountain Holdings Llc $400,000
Previous Owner Farrall Chris $408,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $430,000 -6.5% $222 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $459,900 -4.2% $237 / Sq Ft
07/13/2021 07/13/21 For Sale $479,900 -- $247 / Sq Ft
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 $910 $22,700 $6,700 $16,000
2024 $1,631 $22,700 $6,700 $16,000
2023 $950 $22,700 $6,700 $16,000
2022 $934 $22,700 $6,700 $16,000
2021 $543 $22,700 $6,700 $16,000
2020 $519 $22,700 $6,700 $16,000
2019 $530 $22,700 $6,700 $16,000
2018 $522 $22,700 $0 $0
2017 $865 $22,700 $0 $0
2016 $482 $22,700 $0 $0
2015 $493 $22,700 $0 $0
2014 $481 $22,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2002112

Bright MLS

APN: 234-08.00-56.00