NOT LISTED FOR SALE

23556 Sloan Rd Unit PARCEL A Harbeson, DE 19951

Harbeson Neighborhood

Estimated Value: $1,926,000 - $7,415,168

4.71 Acres
$898,738 Price per Acre
205,168 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $1,325,000

Est. 219% increase in value since last sale

Current estimated payment $23,403/month

225 Days on Market

Highlights

  • 235 Feet of Waterfront
  • Access to Tidal Water
  • No HOA
  • Love Creek Elementary School Rated A
  • 4.71 Acre Lot
  • Creek or Stream

About This Lot

As of May 2022

Beautiful 4.89+/- acre lot located on Herring Creek, adjacent to some of Sussex County's finest estates. This property has everything one could ask for, privacy, incredible views, water access, land, no HOA and so much more! If you are in search of the property to build your dream home, look no further! Just minutes from Rehoboth and Lewes Beach, this property gives you the rare opportunity to have privacy while still maintaining a central location. Plenty of room for a pool, storage building, sport court, barn, etc. The possibilities are endless for this piece!

Last Agent to Sell the Property

Brent Reed

(302) 265-7400 brent@reedventures.net Cape Realty Listed on: 07/22/2021

Last Buyer's Agent

Jim Lattanzi

(302) 396-1400 jimlattanzi@northroprealty.com Northrop Realty License #RS-0020210

Northrop Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 4.71 Acre Lot
  • 235 Feet of Waterfront
  • Home fronts navigable water
  • Creek or Stream
  • Property is zoned AR-1

Utilities

  • Well
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 234-17.00-31.05

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Tidal Water
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.07

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Herring Creek
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: No
  • Water Frontage In Feet: 235

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 192400.00
  • Lot Size Acres: 4.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 205167.60
  • Possible Use: Residential
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5152166
  • School Tax: 900.00
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 234-17.00-31.05
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Reed Michele L
Bought by
Schenkman Joel and Schenkman Teri
Current Estimated Value
$4,233,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.67%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jun 1, 2022
Sold by
Joseph P Reed Qualified Personal Residen
Bought by
Reed Michele L
Seller's Agent
Brent Reed
Cape Realty
Buyer's Agent
Jim Lattanzi
Northrop Realty
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.20%
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
Schenkman Joel $1,500,000 None Listed On Document
Reed Michele L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schenkman Joel $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $1,325,000 -8.6% --
02/10/2022 02/10/22 Price Changed $1,450,000 -3.3% --
07/22/2021 07/22/21 For Sale $1,500,000 -- --
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 $13,636 $267,650 $8,900 $258,750
2024 $9,101 $267,650 $8,900 $258,750
2023 $9,093 $267,650 $8,900 $258,750
2022 $9,532 $267,650 $8,900 $258,750
2021 $3,245 $267,650 $8,900 $258,750
2020 $12,566 $267,650 $8,900 $258,750
2019 $12,584 $267,650 $8,900 $258,750
2018 $11,754 $267,650 $0 $0
2017 $11,256 $267,650 $0 $0
2016 $10,691 $267,650 $0 $0
2015 $10,216 $267,650 $0 $0
2014 $10,141 $267,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Reed

    Seller's Agent in 2022

    Brent Reed

    Cape Realty

    (302) 265-7400

    4 in this area

    55 Total Sales

    Brent Reed
    Section Image
  • Jim Lattanzi

    Buyer's Agent in 2022

    Jim Lattanzi

    Creig Northrop Team of Long & Foster

    (302) 396-1400

    3 in this area

    224 Total Sales

    Jim Lattanzi
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2002704

Bright MLS

APN: 234-17.00-31.03

Delaware Sussex County Harbeson 19951 Harbeson

23556 Sloan Rd Unit PARCEL A, Harbeson, DE

Not Listed for Sale

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