NOT LISTED FOR SALE

24760 Millpond Ln Georgetown, DE 19947

Estimated Value: $513,000 - $682,000

0.79 Acre
$758,713 Price per Acre
34,412 Sq Ft Lot

Last Sold May 13, 2020

Last sale price $95,500

Est. 528% increase in value since last sale

Current estimated payment $3,273/month

Highlights

  • Water Oriented
  • Pond View
  • Waterfront

About This Lot

As of May 2020

WATERFRONT LOT PRICED TO SELL AT $99,500 in the Estates of Morris Mill. Build your dream home on this cleared .79 acre waterfront lot. No builder tie-in. Reasonable architectural standards, 1,550 sq. ft. minimum for 1-story, 1,800 sq. ft. minimum for 2-story. Low Home Owner Association fees of $340 annually. Community amenities include pool, sidewalks and street lights. Private well and septic required; approved septic permit on file. Convenient location.

Last Agent to Sell the Property

Dolores Desmond

(302) 228-6660 dolores@rehobothre.com RE/MAX Realty Group Rehoboth License #RB-0030991 Listed on: 07/15/2019

RE/MAX Realty Group Rehoboth

Last Buyer's Agent

BARBARA MOORE

(302) 226-2770 bmoore075@gmail.com Delaware Coastal Realty License #RA-0020068

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,213

Lot Details

  • 0.79 Acre Lot
  • Waterfront
  • Cleared Lot

HOA Fees

  • $28 Monthly HOA Fees

Property Views

  • Pond Views

Utilities

  • Well Required
  • Septic Permit Issued

Listing and Financial Details

  • Assessor Parcel Number 133-7.00-109.00

Community Details

Overview

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

Recreation

  • Water Oriented
  • Property is near a pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,213

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.90

Exterior Features

  • View: Pond
  • Water Access: No
  • Water Body Name: Morris Mill Pond
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Permit Issued
  • Water Source: Well Required

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 Features: Cleared
  • Lot Size Acres: 0.79
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 34349.00
  • Zoning: RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 57.00
  • Assessor Parcel Number: 133-7.00-109.00
  • Tax Year: 2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Cini Alyssa Richelle
Bought by
Davis James M and Davis Alyssa Richelle
Current Estimated Value
$599,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Outstanding Balance
$312,979
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$286,404

Purchase Details

Closed on
Apr 19, 2022
Sold by
Richelle Cini Alyssa
Bought by
Cini Alyssa Richelle and Davis James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 15, 2019
Closed on
May 13, 2020
Sold by
Richards Walter and Richards Lisa
Bought by
Cini Alyssa R
Seller's Agent
Dolores Desmond
RE/MAX Realty Group Rehoboth
Buyer's Agent
BARBARA MOORE
Delaware Coastal Realty
List Price
$99,900
Sold Price
$95,500
Premium/Discount to List
-$4,400
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.99%

Purchase Details

Listed on
Apr 11, 2013
Closed on
Oct 27, 2015
Sold by
Revocable Trust Agreement Of Karen F Sha
Bought by
Richards Lisa and Richards Walter
Seller's Agent
Elizabeth Dorman
Coldwell Banker Premier - Rehoboth
Buyer's Agent
KATHY DEGRANGE
Coldwell Banker Resort Realty - Lewes
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
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
Davis James M -- None Listed On Document
Cini Alyssa Richelle $1,500 Tunnell & Raysor Pa
Cini Alyssa R $95,500 None Available
Richards Lisa $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis James M $318,000
Previous Owner Cini Alyssa Richelle $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2020 05/13/20 Sold $95,500 -4.0% --
04/17/2020 04/17/20 Pending -- -- --
03/26/2020 03/26/20 Price Changed $99,500 -0.4% --
03/26/2020 03/26/20 For Sale $99,900 0.0% --
02/20/2020 02/20/20 Pending -- -- --
07/15/2019 07/15/19 For Sale $99,900 +33.2% --
10/27/2015 10/27/15 Sold $75,000 0.0% -- View Prior Sale
09/10/2015 09/10/15 Pending -- -- --
04/11/2013 04/11/13 For Sale $75,000 -- --
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 $1,213 $1,500 $1,500 $0
2024 $1,165 $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: DESU144266

Bright MLS

APN: 133-07.00-109.00