NOT LISTED FOR SALE

24286 Sheilas Branch Unit 111 Millsboro, DE 19966

Estimated Value: $480,000 - $712,000

1.02 Acres
$621,174 Price per Acre
44,431 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $90,000

Est. 604% increase in value since last sale

Current estimated payment $3,461/month

About This Lot

As of November 2020

Lot # 111 (Corner Lot) Come Live with Nature at Ingrams Point. With all the fun and relaxation of living in the country, Ingrams Point delivers an honest and relaxing escape. Amidst undisturbed wildlife and calming surrounding streams, our community is designed for privacy. The majority of our lots offer secluded backyard views filled with nature and little else.Amenities abound as you enter and explore the community. You ll find a fully-equipped recreational area complete with a playground and athletic field. A long nature trail allows you to walk, jog or ride a bike through the woods. Travel on to find a private, wooded island nestled in the wetlands. A Key West style cabana on the point next to Ingrams Pond is the perfect spot to host your next BBQ event.We designed the amenities of Ingrams Point to be enjoyed without putting a strain on homeowners. Maintenance fees are nominal despite the community s high-end offerings.

Last Agent to Sell the Property

Jim Lattanzi

(302) 396-1400 jimlattanzi@northroprealty.com Northrop Realty License #RS-0020210 Listed on: 08/22/2019

Northrop Realty

Last Buyer's Agent

Jim Lattanzi

(302) 396-1400 jimlattanzi@northroprealty.com Northrop Realty License #RS-0020210 Listed on: 08/22/2019

Northrop Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,453

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 149.00 x 301.00

HOA Fees

  • $23 Monthly HOA Fees

Schools

  • East Millsboro Elementary School
  • Millsboro Middle School
  • Indian River High School

Utilities

  • Private Water Source
  • Gravity Septic Field

Community Details

  • Ingrams Point Subdivision

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 133-19.00-386.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,453

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • Historic: No
  • New Construction: No
  • Expected On Market: 2019-08-23
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 2.14

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
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST MILLSBORO
  • High School: INDIAN RIVER
  • Middle Or Junior School: MILLSBORO

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.02
  • Lot Dimensions: 149.00 x 301.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44431.00
  • Zoning: RESIDENTIAL
  • 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: 12482039
  • School Tax: 49.00
  • Tax Annual Amount: 56.00
  • Assessor Parcel Number: 133-19.00-386.00
  • Tax Lot: 111
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Newell Cathy Lynn and Democker James E
Bought by
Cathy Newell And James Democker Revocable Liv and Newell
Current Estimated Value
$633,597

Purchase Details

Listed on
Aug 22, 2019
Closed on
Nov 9, 2020
Sold by
Ingrams Point Llc
Bought by
Newell Cathy L and Democker James F
Seller's Agent
Jim Lattanzi
Northrop Realty
Buyer's Agent
Jim Lattanzi
Northrop Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.21%
Original Mortgage
$539,388
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Cathy Newell And James Democker Revocable Liv -- None Listed On Document
Cathy Newell And James Democker Revocable Liv -- None Listed On Document
Newell Cathy L $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newell Cathy L $539,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $90,000 -5.3% --
08/22/2019 08/22/19 For Sale $95,000 -- --
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 $1,453 $1,500 $1,500 $0
2024 $1,467 $1,500 $1,500 $0
2023 $1,466 $1,500 $1,500 $0
2022 $1,442 $1,500 $1,500 $0
2021 $59 $1,500 $1,500 $0
2020 $56 $1,500 $1,500 $0
2019 $56 $1,500 $1,500 $0
2018 $57 $1,500 $0 $0
2017 $57 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU146470

Bright MLS

APN: 1331900038600