NOT LISTED FOR SALE

22485 Lakeshore Dr Georgetown, DE 19947

Estimated Value: $95,490 - $138,000

0.76 Acres
$147,583 Price per Acre
33,106 Sq Ft Lot

Last Sold July 29, 2024

Last sale price $87,000

Est. 29% increase in value since last sale

Current estimated payment $655/month

20 Days on Market

About This Lot

As of July 2024

Ready to build? This lot has no builder tie but has the approved septic permit for a gravity septic system. Call for more info. This is the last lot available in the neighborhood. The community features lake access, public water, large lots and most if not all of the homes are custom built. The surrounding area offers plenty of options for shopping, entertainment and the beaches are close by.

Last Agent to Sell the Property

Aaron Layton

(302) 734-4414 aaronlaytonrealtor@gmail.com Bryan Realty Group Listed on: 06/22/2024

Last Buyer's Agent

Aaron Layton

(302) 734-4414 aaronlaytonrealtor@gmail.com Bryan Realty Group Listed on: 06/22/2024

Property Details

Property Type

  • Land

Lot Details

  • 33,106 Sq Ft Lot
  • Lot Dimensions are 136.00 x 206.00
  • Rural Setting
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned AR-1

HOA Fees

  • $42 Monthly HOA Fees

Utilities

  • Approved Septic System
  • Gravity Septic Field

Community Details

  • Association fees include common area maintenance, snow removal
  • Willow Lake HOA
  • Willow Lake Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 133-10.00-47.00

Property Details

Property Type

Land

Lot Details

0.76 Acres

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Residential
  • Expected On Market: 2024-06-22
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.90

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: Approved System, Gravity Sept Fld
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA Name: WILLOW LAKE HOA
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Cleared, Interior, Level, Rural
  • Lot Size Acres: 0.76
  • Lot Dimensions: 136.00 x 206.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33105.60
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 46.00
  • Tax Annual Amount: 52.00
  • Assessor Parcel Number: 133-10.00-47.00
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 27, 2024
Sold by
Mercier Andrea A and Martinez Clara
Bought by
Koparan Ali
Seller's Agent
Aaron Layton
Bryan Realty Group
Buyer's Agent
Aaron Layton
Bryan Realty Group
List Price
$129,000
Sold Price
$87,000
Premium/Discount to List
-$42,000
-32.56%
Views
14
Current Estimated Value
$112,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,163
Avg. Annual Appreciation
16.43%

Purchase Details

Listed on
Aug 7, 2022
Closed on
Jan 25, 2024
Sold by
Reed Kevin V and Reed Rita P
Bought by
Mercier Andrea A and Martinez Clara
Seller's Agent
Gary Brittingham
JACK LINGO MILLSBORO
Buyer's Agent
Dory MCVICKER
JACK LINGO MILLSBORO
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%
Views
570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Koparan Ali $87,000 None Listed On Document
Mercier Andrea A $110,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $87,000 -32.6% --
07/13/2024 07/13/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $129,000 +17.3% --
01/22/2024 01/22/24 Sold $110,000 -4.3% -- View Prior Sale
10/19/2023 10/19/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $115,000 -4.2% --
09/01/2023 09/01/23 Price Changed $120,000 -2.4% --
07/08/2023 07/08/23 Price Changed $123,000 -0.8% --
04/18/2023 04/18/23 Price Changed $124,000 -1.6% --
01/30/2023 01/30/23 Price Changed $126,000 -2.3% --
08/07/2022 08/07/22 For Sale $129,000 -- --
Source: Bright MLS

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 $165 $1,250 $1,250 $0
2024 $52 $1,250 $1,250 $0
2023 $52 $1,250 $1,250 $0
2022 $51 $1,250 $1,250 $0
2021 $49 $1,250 $1,250 $0
2020 $47 $1,250 $1,250 $0
2019 $47 $1,250 $1,250 $0
2018 $47 $1,250 $0 $0
2017 $48 $1,250 $0 $0
2016 $42 $1,250 $0 $0
2015 $43 $1,250 $0 $0
2014 $43 $1,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2064752

Bright MLS

APN: 133-10.00-47.00

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