NOT LISTED FOR SALE

26086 Kits Burrow Ct Unit 8 Georgetown, DE 19947

Estimated Value: $603,000 - $863,000

1.2 Acres
$597,778 Price per Acre
52,272 Sq Ft Lot

Last Sold May 01, 2019

Last sale price $69,000

Est. 899% increase in value since last sale

Current estimated payment $3,984/month

310 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Lake View
  • Partially Wooded Lot

About This Lot

As of May 2019

1.2 ACRE CLEARED WATERFRONT LOT WITH OVER 400 FT. OF ADJACENT POND WATERFRONT. UPDATED SITE EVALUATION AND PERMIT IN PLACE. The Lot is also Located Outside of the Inland Water Bays so No Special Treatment is Required. Great Waterfront Lot and the only lot Located in the Quiet Established Community of Beaver Dam-Estates South. Located Approximately 5 miles from Five Points and Rt. 1. Minutes to Downtown Milton, Lewes, Georgetown, Rehoboth Beach, All Shopping and Beaches. NO BUILDER TIE-IN.

Last Agent to Sell the Property

David T. King

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

David T. King

Berkshire Hathaway HomeServices PenFed Realty Listed on: 05/21/2018

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,014

Lot Details

  • 1.2 Acre Lot
  • 400 Feet of Waterfront
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AR-1, AGRICULTURAL/RESIDENTIAL

HOA Fees

  • $62 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Utilities

  • Well Required
  • Site Evaluation on File
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 235-30.00-315.00

Community Details

Overview

  • Beaver Dam Estates South Subdivision

Recreation

  • Water Access
  • Property is near a pond

Property Details

Property Type

Land

Est. Annual Taxes

$2,014

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Current Use: Land/Lot Only, Residential, Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: 1.2 ACRE CLEARED WATERFRONT LOT WITH OVER 400 FT. OF ADJACENT POND WATERFRONT. UPDATED SITE EVALUATION AND PERMIT IN PLACE. The Lot is also Located Outside of the Inland Water Bays so No Special Treatment is Required. Great Waterfront Lot and the only lot Located in the Quiet Established Community of Beaver Dam-Estates South. Located Approximately 5 miles from Five Points and Rt. 1. Minutes to Downtown Milton, Lewes, Georgetown, Rehoboth Beach, All Shopping and Beaches. NO BUILDER TIE-IN.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.32
  • Street Number Modifier: 26086

Exterior Features

  • Construction Completed: No
  • View: Lake, Pond
  • Water Access: Yes
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 400

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Site Evaluation On File, No Sewer System
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA Fees: 744.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Partly Wooded
  • Lot Size Acres: 1.20
  • Lot Size Area: 1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52272.00
  • Zoning: AR-1
  • Zoning Description: AGRICULTURAL/RESIDENTIAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5177278
  • Assessor Parcel Number: 235-30.00-315.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 05/01/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
May 1, 2019
Sold by
Defatima Maria
Bought by
Olachea Joe and Olachea Christina
Seller's Agent
David T. King
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
David T. King
Berkshire Hathaway HomeServices PenFed Realty
List Price
$79,000
Sold Price
$69,000
Premium/Discount to List
-$10,000
-12.66%
Total Days on Market
310
Current Estimated Value
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,000
Avg. Annual Appreciation
44.26%

Purchase Details

Closed on
Feb 28, 2013
Sold by
United Bank
Bought by
Defatima Ramos Ferreira Maria
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 Buyer Sale Price Title Company
Olachea Joe $69,000 --
Defatima Ramos Ferreira Maria $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olachea Christina $600,000
Closed Olachea Christina $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $69,000 0.0% --
03/27/2019 03/27/19 Pending -- -- --
03/17/2019 03/17/19 Price Changed $69,000 -12.7% --
05/21/2018 05/21/18 For Sale $79,000 -- --
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
2024 $2,014 $1,800 $1,800 $0
2023 $2,012 $1,800 $1,800 $0
2022 $1,873 $1,800 $1,800 $0
2021 $71 $1,800 $1,800 $0
2020 $68 $1,800 $1,800 $0
2019 $67 $1,800 $1,800 $0
2018 $68 $1,800 $0 $0
2017 $69 $1,800 $0 $0
2016 $60 $1,800 $0 $0
2015 $62 $1,800 $0 $0
2014 $61 $1,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David T. King

    Seller's Agent in 2019

    David T. King

    BHHS PenFed (actual)

    (302) 233-5099

    4 in this area

    48 Total Sales

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Map

Source: Bright MLS

MLS Number: 1001574186

Bright MLS

APN: 235-30.00-315.00

Delaware Sussex County Georgetown 19947

26086 Kits Burrow Ct Unit 8, Georgetown, DE

This home is located at 26086 Kits Burrow Ct Unit 8, Georgetown, DE 19947 since 21 May 2018 and is currently estimated at $717,333. 26086 Kits Burrow Ct Unit 8 is a home located in Sussex County with nearby schools including Georgetown Elementary School, Georgetown Middle School, and Sussex Central High School.

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