$140,000
SOLD NOV 12, 2024

25725 Gum Tree Rd Dagsboro, DE 19939

2 Beds
1.5 Baths
1,248 Sq Ft
0.75 Acres

Recently Sold

$112 Per Sq Ft

33% Below List Price

43 Days on Market

Highlights

  • Pond View
  • Contemporary Architecture
  • Pond
  • 0.75 Acre Lot
  • Private Lot
  • Two Story Ceilings

About This Home

As of November 2024

Diamond in the Rough. A rare find. Finish the Job. House Flipper Alert, Investor Alert. Seller in a Unique situation. Purchased a .75-acre premium lot with a pond view. Started building but did not finish inside. A two-bedroom house with one bedroom on the main level and the second bedroom with two closets and a storage bend on the second level which is a 26x16' loft. The main level has a kitchen, dining room, living room, bedroom, and a full bath. Porch and a shed. All of the rooms are framed. Electric is already rough in. Well & HVAC needed. Schedule your showings between 8 A.M - 6 P.M. daily.

Last Agent to Sell the Property

Deborah Adams

(302) 535-5484 deborahadams28@gmail.com Provest Realty Associates License #RS-0015183 Listed on: 09/13/2024

Last Buyer's Agent

Grant Fritschle

(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $611

Year Built

  • Built in 2013

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 175.00 x 200.00
  • Private Lot
  • Premium Lot
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is zoned AR-1

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Unfinished Walls
  • Frame Construction
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 1.5 Levels
  • Two Story Ceilings
  • Living Room
  • Dining Room
  • Pond Views
  • Crawl Space

Bedrooms and Bathrooms

Outdoor Features

  • Pond

Schools

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

Utilities

  • Well Required
  • Shared Septic

Community Details

  • No Home Owners Association
  • Amandas Lea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-09.00-63.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$611

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Sussex De Quadrants: Between Rt 113 & 13
  • Ownership: Fee Simple
  • Exclusions: All personal items.
  • Inclusions: Building material.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-13
  • Federal Flood Zone: No
  • Year Built: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Diamond in the Rough. A rare find. Finish the Job. House Flipper Alert, Investor Alert. Seller in a Unique situation. Purchased a .75-acre premium lot with a pond view. Started building but did not finish inside. A two-bedroom house with one bedroom on the main level and the second bedroom with two closets and a storage bend on the second level which is a 26x16' loft. The main level has a kitchen, dining room, living room, bedroom, and a full bath. Porch and a shed. All of the rooms are framed. Electric is already rough in. Well & HVAC needed. Schedule your showings between 8 A.M - 6 P.M. daily.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Unfinished Walls
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen
  • Basement: No
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 144.23
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25725

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Roof: Pitched
  • View: Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: INDIAN RIVER
  • Elementary School: EAST MILLSBORO
  • Middle School: INDIAN RIVER HIGH SCHOOL
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: EAST MILLSBORO
  • High School: INDIAN RIVER
  • Middle Or Junior School: INDIAN RIVER HIGH SCHOOL

Lot Info

  • Land Use Code: 999
  • Lot Features: Front Yard, Level, Open, Pond, Premium, Private, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.75
  • Lot Dimensions: 175.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Year Assessed: 2023
  • Zoning: AR-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 545.00
  • Tax Annual Amount: 611.00
  • Assessor Parcel Number: 233-09.00-63.06
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 11/12/2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 12, 2024
Sold by
Mcgrady Gary Vinton
Bought by
Downs Leader Llc
Seller's Agent
Deborah Adams
Provest Realty Associates
Buyer's Agent
Grant Fritschle
Keller Williams Realty Delmarva
List Price
$209,000
Sold Price
$140,000
Premium/Discount to List
-$69,000
-33.01%
Views
155
Current Estimated Value
$144,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,855
Avg. Annual Appreciation
4.09%
Original Mortgage
$140,803
Outstanding Balance
$124,191
Interest Rate
6.12%
Mortgage Type
Balloon
Estimated Equity
$20,664
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $140,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,803 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $140,000 -22.2% $112 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $180,000 -13.9% $144 / Sq Ft
09/13/2024 09/13/24 For Sale $209,000 -- $167 / Sq Ft
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 $617 $14,800 $1,500 $13,300
2024 $624 $14,800 $1,500 $13,300
2023 $623 $14,800 $1,500 $13,300
2022 $613 $14,800 $1,500 $13,300
2021 $589 $14,800 $1,500 $13,300
2020 $581 $14,800 $1,500 $13,300
2019 $566 $14,800 $1,500 $13,300
2018 $584 $14,800 $0 $0
2017 $588 $14,800 $0 $0
2016 $521 $14,800 $0 $0
2015 $537 $14,800 $0 $0
2014 $54 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2070262

Bright MLS

APN: 233-09.00-63.06