NOT LISTED FOR SALE

23852 Pine Lake Dr Georgetown, DE 19947

Estimated Value: $255,000 - $425,000

3 Beds
2 Baths
1,843 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $185,000 $100 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,881/month

5 Days on Market

Highlights

  • Pond
  • Backs to Trees or Woods
  • Laundry Room
  • Rambler Architecture
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

This 3 bedroom 2 bathroom quaint home in a wonderful quiet and serene community. It sits on an acre of total privacy. It overlooks a pond and is surrounded by trees. The home has lots of potential but does need a lot of work. The HVAC system is new only one year ago. The septic system has been pumped and inspected. Boats & RV's are welcome on the property. The lower level Living Room and Family Rooms have a shared red brick fireplace as well as a wood burning stove that can heat the whole house. Real hardwood in the Foyer. Vinyl wood flooring in the Living Room & Family Room. The carpet in the Bedrooms needs to be replaced. This home is being sold "as-is". Inspections are for informational purposed only. The seller will make no repairs. It is priced accordingly. Very low HOA fee of $150- a year. Cash or conventional offers only. It is located in the AE flood map.

Last Agent to Sell the Property

Frank Hornstein

(302) 213-3868 frankhornstein1@gmail.com Iron Valley Real Estate at The Beach Listed on: 11/17/2022

Iron Valley Real Estate at The Beach

Last Buyer's Agent

Judy Dean

(302) 236-3120 judy@deanteamsells.com RE/MAX Associates License #RS-0012076

RE/MAX Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Backs to Trees or Woods
  • Property is in average condition
  • Property is zoned RS RES

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,843 Sq Ft Home
  • Property has 2 Levels
  • Double Sided Fireplace
  • Family Room
  • Living Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Phone Available

Additional Features

  • Pond
  • Flood Risk

Community Details

  • Association fees include road maintenance
  • Pine Lake Subdivision

Listing and Financial Details

  • Tax Lot A15
  • Assessor Parcel Number 234-15.00-268.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$577

Year Built

Built in 1992

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Fireplace Features: Double Sided
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1843
  • Living Area Sq Ft: 1843
  • Price Per Sq Ft: 92.24
  • Above Grade Finished Sq Ft: 1843
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Road Surface Type: Gravel
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Electric Available, Phone
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Pond
  • Lot Size Acres: 1.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Property Condition: Average
  • Zoning: RS RES
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 514.00
  • Tax Annual Amount: 577.00
  • Assessor Parcel Number: 234-15.00-268.00
  • Tax Lot: A15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Dec 21, 2022
Sold by
Rivera Pedro
Bought by
Kvitnytskyi Oleksandr
Seller's Agent
Frank Hornstein
Iron Valley Real Estate at The Beach
Buyer's Agent
Judy Dean
RE/MAX Associates
List Price
$170,000
Sold Price
$185,000
Premium/Discount to List
$15,000
8.82%
Views
82
Current Estimated Value
$343,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,784
Avg. Annual Appreciation
23.46%
Original Mortgage
$157,250
Outstanding Balance
$152,230
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$191,554

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 22, 2021
Sold by
Hottes Ronald J
Bought by
Rivera Pedro and Rivera Carmen
Seller's Agent
Andrea Harrington
Compass
Buyer's Agent
Angel Cabazza
Tri-County Realty
List Price
$150,000
Sold Price
$154,000
Premium/Discount to List
$4,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$123,200
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 14, 2001
Bought by
Spence Trina M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kvitnytskyi Oleksandr $185,000 --
Rivera Pedro $154,000 None Available
Spence Trina M $12,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvitnytskyi Oleksandr $157,250
Previous Owner Rivera Pedro $123,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $185,000 +8.8% $100 / Sq Ft
11/17/2022 11/17/22 For Sale $170,000 +10.4% $92 / Sq Ft
10/22/2021 10/22/21 Sold $154,000 +2.7% $139 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $150,000 -- $136 / 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 $715 $14,200 $3,000 $11,200
2024 $599 $14,200 $3,000 $11,200
2023 $599 $14,200 $3,000 $11,200
2022 $601 $14,200 $3,000 $11,200
2021 $572 $14,200 $3,000 $11,200
2020 $546 $14,200 $3,000 $11,200
2019 $544 $14,200 $3,000 $11,200
2018 $549 $14,200 $0 $0
2017 $553 $14,200 $0 $0
2016 $489 $14,200 $0 $0
2015 $504 $14,200 $0 $0
2014 $496 $14,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2032276

Bright MLS

APN: 234-15.00-268.00