NOT LISTED FOR SALE

24624 Hollytree Cir Georgetown, DE 19947

Estimated Value: $507,000 - $547,000

0.75 Acre
$697,119 Price per Acre
32,670 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $85,000

Est. 515% increase in value since last sale

Current estimated payment $2,852/month

About This Lot

As of October 2021

NO BUILDER TIE IN! - This is a wooded lot that has not been cleared. Located centrally between Georgetown and Millsboro less than two miles to Rt.113 and 30 minutes drive from the heart of the beach region. Large lot within a waterfront community. Enjoy the use of the community pool and lighted sidewalks! Not in a federal flood zone and potential for a basement! A great place to begin your vision of a new home!

Last Agent to Sell the Property

Nitan Soni

(302) 747-3333 nitan@coachatthecoast.com Northrop Realty License #RA-0030967 Listed on: 07/14/2021

Northrop Realty

Co-Listed By

Michael Getzlaff

(302) 515-5711 michaelg@coachatthecoast.com The Lisa Mathena Group, Inc. License #RS-0025377

Last Buyer's Agent

Lee Ann Wilkinson

(302) 278-6726 leeann@leeanngroup.com Berkshire Hathaway HomeServices PenFed Realty License #RA-0002064

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $982

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 117.00 x 282.00
  • Property is zoned AR-1

HOA Fees

  • $28 Monthly HOA Fees

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 133-07.00-192.00

Property Details

Property Type

Land

Est. Annual Taxes

$982

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: NO BUILDER TIE IN! - This is a wooded lot that has not been cleared. Located centrally between Georgetown and Millsboro less than two miles to Rt.113 and 30 minutes drive from the heart of the beach region. Large lot within a waterfront community. Enjoy the use of the community pool and lighted sidewalks! Not in a federal flood zone and potential for a basement! A great place to begin your vision of a new home!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.60
  • Street Number Modifier: 24624

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

Condo/Co-op/Association

  • HOA Fees: 340.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RV
  • Lot Size Acres: 0.75
  • Lot Dimensions: 117.00 x 282.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Year Assessed: 2021
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5100943
  • School Tax: 52.00
  • Tax Annual Amount: 59.00
  • Assessor Parcel Number: 133-07.00-192.00
  • Tax Lot: 98
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Pinewood Properties Llc
Bought by
Thompson David Karl and Thompson Patricia L
Current Estimated Value
$522,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,275
Outstanding Balance
$451,224
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$71,615

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 15, 2021
Sold by
G J & Constance P Gale Ft
Bought by
Pinewood Properties Llc
Seller's Agent
Nitan Soni
Northrop Realty
Buyer's Agent
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.95%

Purchase Details

Closed on
May 5, 2010
Bought by
Lee Gale Oby and Lee Wayne Gale

Purchase Details

Closed on
Feb 17, 2010
Bought by
Lee Gale Oby and Lee Wayne Gale
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
Thompson David Karl $484,500 None Listed On Document
Pinewood Properties Llc $85,000 None Available
Pinewood Properties Llc $85,000 None Listed On Document
Lee Gale Oby -- --
Lee Gale Oby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson David Karl $460,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $85,000 0.0% --
08/14/2021 08/14/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $85,000 -- --
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 $982 $1,500 $1,500 $0
2024 $1,114 $1,500 $1,500 $0
2023 $62 $1,500 $1,500 $0
2022 $61 $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 $0 $1,500 $0 $0
2017 $57 $1,500 $0 $0
2016 $50 $1,500 $0 $0
2015 $52 $1,500 $0 $0
2014 $51 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2002168

Bright MLS

APN: 133-07.00-192.00