NOT LISTED FOR SALE

24268 Deep Branch Rd Georgetown, DE 19947

Estimated Value: $396,000 - $422,979

1.6 Acres
$255,931 Price per Acre
69,696 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $110,000

Est. 272% increase in value since last sale

Current estimated payment $2,228/month

100 Days on Market

About This Lot

As of April 2023

LOT 1 1.6 acre building lot ready for your building plans! Lots of frontage and privacy on this wooded lot, offering a newly laid gravel driveway. Site plan is approved and the sellers have obtained the OK for a gravity fed septic on this lot.
LOT 2 and residual lands also available for a total of over 22 acres! Ask listing agent for more information.

Last Agent to Sell the Property

Tom Ruch

(302) 539-0800 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 09/02/2022

Northrop Realty

Last Buyer's Agent

Tina Stewart

(302) 741-4545 broker@ivrepremier.com Iron Valley Real Estate Premier License #RS-0023670

Iron Valley Real Estate Premier

Property Details

Property Type

  • Land

Lot Details

  • 1.6 Acre Lot
  • Property is zoned AG

Utilities

  • Transformer
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-14.00-14.06

Property Details

Property Type

Land

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
  • Expected On Market: 2022-09-02
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 1.58

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
  • Electric Service: Transformer
  • Sewer/Septic System: No Septic System

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
  • Lot Size Acres: 1.60
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69696.00
  • Perc Sites: 1
  • Zoning: AG
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5150062
  • School Tax: 16.00
  • Tax Annual Amount: 18.00
  • Assessor Parcel Number: 234-14.00-14.06
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Mar 10, 2023
Sold by
Oneill Michael
Bought by
Salt Air Homes Ii Llc
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Tina Stewart
Iron Valley Real Estate Premier
List Price
$110,000
Sold Price
$110,000
Views
143
Current Estimated Value
$409,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,490
Avg. Annual Appreciation
59.64%
Original Mortgage
$298,425
Outstanding Balance
$289,345
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$120,145

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 22, 2022
Sold by
Oneill Michael
Bought by
Weldon Elizabeth and Weldon Kelly C
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Tom Ruch
Northrop Realty
List Price
$575,000
Sold Price
$345,000
Premium/Discount to List
-$230,000
-40%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.82%
Original Mortgage
$270,000
Interest Rate
6.61%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Timmons Atwood R
Bought by
Oneill Michael and Krause Robert

Purchase Details

Closed on
Nov 20, 1985
Bought by
Timmons Ii Atwood R
Source: Public Records
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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
Salt Air Homes Ii Llc $110,000 --
Weldon Elizabeth $345,000 --
Oneill Michael $75,000 None Available
Timmons Ii Atwood R $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salt Air Homes Ii Llc $298,425
Previous Owner Weldon Elizabeth $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $110,000 0.0% --
09/14/2022 09/14/22 For Sale $110,000 0.0% --
09/04/2022 09/04/22 Off Market $110,000 -- --
09/02/2022 09/02/22 For Sale $110,000 -- --
Source: Bright MLS

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 $659 $12,100 $2,200 $9,900
2024 $110 $12,100 $2,200 $9,900
2023 $109 $12,100 $2,200 $9,900
2022 $20 $12,100 $2,200 $9,900
2021 $20 $12,100 $2,200 $9,900
2020 $83 $12,100 $2,200 $9,900
2019 $477 $12,100 $2,200 $9,900
2018 $482 $12,100 $0 $0
2017 $485 $12,100 $0 $0
2016 $419 $12,100 $0 $0
2015 $431 $12,100 $0 $0
2014 $425 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2028354

Bright MLS

APN: 234-14.00-14.02