NOT LISTED FOR SALE

22807 Cedar Ln Georgetown, DE 19947

Estimated Value: $129,177 - $315,000

356 Acres
$678 Price per Acre
15,507,360 Sq Ft Lot

Last Sold October 15, 2018

Last sale price $1,220,703

Current estimated payment $1,320/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) 226-6417 bryce@rbre.com Jack Lingo - Rehoboth License #RA-0001746 Listed on: 06/04/2018

Jack Lingo - Rehoboth

Co-Listed By

Shaun Tull

(302) 226-6417 shaun@rbre.com Jack Lingo - Rehoboth License #RS-0016284

Last Buyer's Agent

Tjark Bateman

(302) 745-0018 tjark@jacklingo.com Jack Lingo - Rehoboth License #RS-0023037

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $494

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

Est. Annual Taxes

$494

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
  • Remarks Public: 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.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.09
  • Street Number Modifier: 22807

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

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
  • Close Date: 10/15/2018

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
$241,294

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
$126,827

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

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
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 Change Sq Ft Price
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 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 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001770146

Bright MLS

APN: 135-20.00-137.07