NOT LISTED FOR SALE

24106 Cedar Ln Georgetown, DE 19947

Estimated Value: $417,000 - $551,207

3 Beds
2 Baths
1,592 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $735,000 $462 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $2,611/month

372 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Traditional Floor Plan
  • 33.89 Acre Lot
  • Wooded Lot
  • Rambler Architecture

About This Home

As of March 2022

Nestled in the heart of Sussex County, this nearly 34 acre property is the host of abundant wildlife, flourishing crops and a charming 3 bedroom 2 bathroom rancher. The peaceful, country roads will wash your worries away as you travel back from your busy day and your long driveway surrounded by woods and fields will welcome you home. A 1,592 square foot home and a 3 door pole barn is situated at the end of the driveway in a private, serene setting. The generous front porch is the ideal spot to lounge in your favorite rocking chair with a hot cup of joe and the weekly newspaper. Step inside to the spacious living area with a cozy wood stove, where you'll spend many winter days, cuddled up watching through the windows snow gathering in your front yard. Break out your inner chef in the country, eat-in kitchen featuring stainless steel appliances. Unwind in your master bedroom with an en suite bathroom or head to the bonus room which can be converted into a sewing/craft area, exercise space or second living room! The large pole barn can house any farm equipment, vehicles or extra knick-knacks, or can be transformed into the man cave/party barn of your dreams! Offering the very best of peaceful, countryside living, this property has it all! Schedule your private tour today to see the luxuries this property is equipped with.

Last Agent to Sell the Property

Dustin Parker

(302) 483-7688 clientcare@theparkergroup.com The Parker Group License #672690 Listed on: 10/07/2020

Last Buyer's Agent

Ava Cannon

(302) 249-5620 ava@jacklingo.com Jack Lingo - Rehoboth License #RS-0016508

Jack Lingo - Rehoboth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1992

Lot Details

  • 33.89 Acre Lot
  • Rural Setting
  • Planted Vegetation
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned AR-1

Parking

  • 5 Garage Spaces | 2 Direct Access and 3 Detached
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Pole Barn
  • Shed
  • Outbuilding

Farming

  • Crops Farm

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 133-03.00-1.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1992

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Birdhouse with weather station, bird bath, lighthouse
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-28
  • Federal Flood Zone: No
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Dryer, Range Hood, Water Heater
  • Flooring Type: Ceramic Tile, Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s)
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1592
  • Living Area Sq Ft: 1592
  • Price Per Sq Ft: 499.37
  • Above Grade Finished Sq Ft: 1592
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pole Barn, Shed
  • Construction Materials: Frame, Aluminum Siding
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Built In, Garage Door Opener, Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 17700.00
  • Land Assessed Value: 1000.00
  • Lot Features: Backs To Trees, Front Yard, Rear Yard, Sideyard(s), Secluded, Rural, Private, Trees/Wooded, Vegetation Planting, Crops Reserved
  • Lot Size Acres: 33.89
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1476248.40
  • Property Condition: Excellent
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5100113
  • School Tax: 654.00
  • Tax Annual Amount: 737.00
  • Assessor Parcel Number: 133-03.00-1.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 17, 2022
Sold by
Scott Rowland D
Bought by
Schlitter Matthew J and Schlitter Erica M
Seller's Agent
Dustin Parker
The Parker Group
Buyer's Agent
Ava Cannon
Jack Lingo - Rehoboth
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%
Current Estimated Value
$484,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,896
Avg. Annual Appreciation
-10.51%
Original Mortgage
$325,000
Outstanding Balance
$304,464
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$179,640
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schlitter Matthew J $254,089 Haller & Hudson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlitter Matthew J $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $735,000 -7.5% $462 / Sq Ft
11/19/2021 11/19/21 For Sale $795,000 0.0% $499 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $795,000 +8.2% $499 / Sq Ft
09/22/2021 09/22/21 Off Market $735,000 -- --
03/03/2021 03/03/21 Price Changed $900,000 -7.7% $565 / Sq Ft
01/15/2021 01/15/21 Price Changed $975,000 -18.8% $612 / Sq Ft
10/07/2020 10/07/20 For Sale $1,200,000 -- $754 / 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 $806 $18,700 $1,000 $17,700
2024 $797 $18,700 $1,000 $17,700
2023 $796 $18,700 $1,000 $17,700
2022 $784 $18,700 $1,000 $17,700
2021 $477 $18,700 $1,000 $17,700
2020 $703 $18,700 $1,000 $17,700
2019 $456 $18,700 $1,000 $17,700
2018 $3 $18,700 $0 $0
2017 $713 $18,700 $0 $0
2016 $412 $18,700 $0 $0
2015 $387 $27,200 $0 $0
2014 $377 $17,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU170676

Bright MLS

APN: 133-03.00-1.01