NOT LISTED FOR SALE

24741 Millpond Ln Georgetown, DE 19947

Estimated Value: $514,000 - $611,000

0.75 Acre
$725,859 Price per Acre
32,670 Sq Ft Lot

Last Sold October 07, 2019

Last sale price $50,000

Est. 989% increase in value since last sale

Current estimated payment $2,940/month

202 Days on Market

About This Lot

As of October 2019

3/4 ACRE WOODED/CLEARED LOT FOR SALE in the Estates of Morris Mill, Georgetown. No builder tie-in. Build now or build later, invest in your future! Modular homes permitted with reasonable architectural standards, 1,550 sq. ft. minimum for 1-story, 1,800 sq. ft. minimum for 2-story. Low Homeowner Association fees of $340 annually. Community amenities include pool, bathhouse, sidewalks and street lights. Private well and septic required. Convenient location -- close to downtown Georgetown, yet an easy half hour ride to the beach. DE Licensed Realtor is related to Sellers.

Last Agent to Sell the Property

Dolores Desmond

(302) 227-4800 dolores@rehobothre.com RE/MAX Realty Group Rehoboth License #RB-0030991 Listed on: 02/04/2019

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

Gary Brittingham

(302) 934-3970 g.brittingham@mchsi.com JACK LINGO MILLSBORO License #RS0015331

JACK LINGO MILLSBORO

Property Details

Property Type

  • Land

Lot Details

  • 0.75 Acre Lot

HOA Fees

  • $28 Monthly HOA Fees

Community Details

  • Association fees include common area maintenance, pool(s)
  • Estates Of Morris Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133-07.00-165.00

Property Details

Property Type

Land

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: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.84

Exterior Features

  • 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
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s)
  • HOA: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Acres: 0.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5100913
  • Tax Annual Amount: 57.00
  • Assessor Parcel Number: 133-07.00-165.00
  • Tax Year: 2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Oct 4, 2019
Sold by
Desmond Brendan T and Desmond Carole J
Bought by
Pollacco Joseph W and Pollacco Deborah M
Seller's Agent
Dolores Desmond
RE/MAX Realty Group Rehoboth
Buyer's Agent
Gary Brittingham
JACK LINGO MILLSBORO
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Current Estimated Value
$544,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,394
Avg. Annual Appreciation
45.99%
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
Pollacco Joseph W $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $50,000 -16.7% --
08/25/2019 08/25/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $60,000 -- --
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 $980 $1,500 $1,500 $0
2024 $1,165 $1,500 $1,500 $0
2023 $1,164 $1,500 $1,500 $0
2022 $1,146 $1,500 $1,500 $0
2021 $1,088 $1,500 $1,500 $0
2020 $1,038 $1,500 $1,500 $0
2019 $56 $1,500 $1,500 $0
2018 $57 $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: DESU131318

Bright MLS

APN: 133-07.00-165.00