NOT LISTED FOR SALE

22816 Deep Branch Rd Georgetown, DE 19947

Estimated Value: $570,000 - $738,450

4 Beds
4 Baths
3,418 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $605,000 $177 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,605/month

About This Home

This 4 bedroom, 3+acre estate has a coastal farmhouse appeal with a lovely 2 story home, in-ground pool, pasture fields for horses, and a detached garage currently used as a studio/office with 2 levels and multiple rooms. Casual elegance meets ease with the wood and tile floors, soft color palette, and handsome woodwork. Multiple living areas including the living room, large sunroom with fireplace, formal dining room, and eat-in kitchen. The office opens to the first-floor primary bedroom suite. The second floor features 2 more guest rooms and a second primary bedroom with an office and private bathroom and laundry area. Sunroom and screened porch enjoy a pool and pasture view. Outbuildings include a second garage currently used as a studio and office area complete with an extra bathroom and a mini barn with run-in for horses. So much opportunity in this expansive property and land. Perfect for the equestrian or hobbyist and ideal for a work-from-home professional!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 17, 2021
Sold by
Skaggs Travis L
Bought by
Rankin Robert L and Rankin Tracie M
Seller's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
Buyer's Agent
Joanie Hynes
EXP Realty, LLC
List Price
$650,000
Sold Price
$605,000
Premium/Discount to List
-$45,000
-6.92%
Current Estimated Value
$666,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,613
Avg. Annual Appreciation
2.24%
Original Mortgage
$574,750
Outstanding Balance
$521,736
Interest Rate
2.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$144,877

Purchase Details

Listed on
Dec 16, 2017
Closed on
Jul 9, 2018
Sold by
Seddio Nancy C
Bought by
Skaggs Travis L
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Kathy Counts
Compass
List Price
$424,900
Sold Price
$375,000
Premium/Discount to List
-$49,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$363,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rankin Robert L $605,000 None Available
Skaggs Travis L $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Robert L $574,750
Previous Owner Skaggs Travis L $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2021 07/21/21 Sold $605,000 -3.2% $177 / Sq Ft View Prior Sale
05/26/2021 05/26/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $625,000 -3.8% $183 / Sq Ft
04/29/2021 04/29/21 For Sale $650,000 +73.3% $190 / Sq Ft
07/09/2018 07/09/18 Sold $375,000 -6.2% $110 / Sq Ft View Prior Sale
05/27/2018 05/27/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $399,900 -5.9% $117 / Sq Ft
12/16/2017 12/16/17 For Sale $424,900 -- $124 / Sq Ft

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 $1,184 $38,300 $5,000 $33,300
2024 $1,584 $38,300 $5,000 $33,300
2023 $1,582 $38,300 $5,000 $33,300
2022 $1,556 $38,300 $5,000 $33,300
2021 $1,522 $38,300 $5,000 $33,300
2020 $1,453 $38,300 $5,000 $33,300
2019 $1,446 $38,300 $5,000 $33,300
2018 $1,460 $38,300 $0 $0
2017 $1,472 $38,300 $0 $0
2016 $1,299 $38,300 $0 $0
2015 $1,338 $38,300 $0 $0
2014 $1,318 $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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