NOT LISTED FOR SALE

22710 Gravel Hill Rd Georgetown, DE 19947

Estimated Value: $262,000 - $387,000

3 Beds
2 Baths
1,568 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $190,000 $121 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,807/month

Highlights

  • Rambler Architecture
  • No HOA
  • Screened Patio
  • Wood Flooring
  • 2 Car Detached Garage
  • Paneling

About This Home

As of August 2019

Situated between Georgetown and Millsboro on approximately 1.23 +/- acres of land is where you will find this 3 bedroom, 2 bathroom rancher with oversized outbuilding in addition to a 2 car detached garage. The home features a nicely sized living room, dining room, fully equipped kitchen, screen porch and patio area with pergola. The outbuilding measures 50 x 60 and has 16 feet high ceilings in addition to heat. With a bit of TLC, this home will shine. Septic system has failed. Property is being sold "as-is". Any and all inspections will be for the buyer's informational purposes only.

Last Agent to Sell the Property

LISA HERSHELMAN

(302) 245-5731 lisa@indianriverland.com INDIAN RIVER LAND CO License #RS-0010255 Listed on: 01/21/2019

Last Buyer's Agent

Susan Giove

sgiove@mannandsons.com Mann & Sons Inc License #BRIGHT:60032284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1980

Lot Details

  • 1.23 Acre Lot
  • Zoning described as AGRICULTURAL/RESIDENTIAL

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Insulated Windows
  • Insulated Doors
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio

Schools

  • Georgetown Elementary And Middle School
  • Sussex Central High School

Utilities

  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-08.00-44.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 130.74
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: GEORGETOWN
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: GEORGETOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 1.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53579.00
  • Outdoor Living Structures: Screened
  • Zoning: A
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5169432
  • School Tax: 702.00
  • Tax Annual Amount: 796.00
  • Assessor Parcel Number: 234-08.00-44.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Aug 23, 2019
Sold by
Steele Colby R and Steele Stacey L
Bought by
Ferrucci Frank A
Seller's Agent
LISA HERSHELMAN
INDIAN RIVER LAND CO
Buyer's Agent
Susan Giove
Mann & Sons Inc
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%
Current Estimated Value
$333,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,174
Avg. Annual Appreciation
9.53%
Original Mortgage
$152,000
Outstanding Balance
$133,124
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$200,050
Source: Public Records

Range of Values:

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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
Ferrucci Frank A $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrucci Frank A $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2019 08/29/19 Sold $190,000 -7.3% $121 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $205,000 -6.8% $131 / Sq Ft
01/21/2019 01/21/19 For Sale $220,000 -- $140 / 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 $705 $21,050 $1,850 $19,200
2024 $870 $21,050 $1,850 $19,200
2023 $869 $21,050 $1,850 $19,200
2022 $855 $21,050 $1,850 $19,200
2021 $830 $21,050 $1,850 $19,200
2020 $792 $21,050 $1,850 $19,200
2019 $812 $21,050 $1,850 $19,200
2018 $796 $21,050 $0 $0
2017 $803 $21,050 $0 $0
2016 $719 $21,050 $0 $0
2015 $741 $21,050 $0 $0
2014 $730 $21,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU129354

Bright MLS

APN: 234-08.00-44.01