NOT LISTED FOR SALE

22807 Cedar Ln Georgetown, DE 19947

Estimated Value: $237,000 - $304,000

356 Acres
$778 Price per Acre
15,507,360 Sq Ft Lot

Last Sold October 15, 2018

Last sale price $1,220,703

Current estimated payment $1,480/month

72 Days on Market

Highlights

  • 356 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of October 2018

356+/- acre parcel near Georgetown with development potential. Final price to be determined by survey based upon $3,900/acre. Aerial photo only reflects one side of Cedar Lane.

Last Agent to Sell the Property

Bryce Lingo

(302) 227-3883 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/04/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 227-3883 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Tjark Bateman

(302) 227-3883 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Lot Details

  • 356 Acre Lot
  • Wooded Lot
  • Property is zoned AGRICULTURAL/RESIDENTIAL, AGRICULTURAL/RESIDENTIAL

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135-20.00-137.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.09

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: No Sewer System

Condo/Co-op/Association

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

Lot Info

  • Wooded Acres: 356.00
  • Additional Parcels: No
  • Crops Included: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 356.00
  • Lot Size Area: 200
  • Lot Dimensions: Irregular
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15507360.00
  • Zoning: AGRICULTURAL/RESIDENTIAL
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 135-20.00-137.00
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Justice Travis L
Bought by
Maloy Alexandria S
Current Estimated Value
$276,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Outstanding Balance
$114,467
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$162,356

Purchase Details

Closed on
Nov 15, 2017
Sold by
Donaway Jamie and Brown Anne
Bought by
Justice Travis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
3.88%
Mortgage Type
Unknown
Source: Public Records
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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
Maloy Alexandria S $145,000 None Available
Justice Travis L $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maloy Alexandria S $130,500
Previous Owner Justice Travis L $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $1,220,703 -12.2% --
08/17/2018 08/17/18 Price Changed $1,390,000 +73.8% --
08/15/2018 08/15/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $800,000 -- --
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 $494 $14,800 $1,500 $13,300
2024 $624 $14,800 $1,500 $13,300
2023 $623 $14,800 $1,500 $13,300
2022 $613 $14,800 $1,500 $13,300
2021 $595 $14,800 $1,500 $13,300
2020 $569 $14,800 $1,500 $13,300
2019 $554 $14,800 $1,500 $13,300
2018 $560 $14,800 $0 $0
2017 $564 $14,800 $0 $0
2016 $497 $14,800 $0 $0
2015 $513 $14,800 $0 $0
2014 $505 $14,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001770146

Bright MLS

APN: 135-20.00-137.07