NOT LISTED FOR SALE

27017 John J Williams Hwy Millsboro, DE 19966

Estimated Value: $150,000 - $3,030,219

50 Acres
$18,801 Price per Acre
2,178,000 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $2,500,000

Current estimated payment $5,097/month

512 Days on Market

About This Lot

As of March 2022

Commercial & Residential opportunity on the busy Route 24 corridor.

Last Agent to Sell the Property

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 02/05/2017

Jack Lingo - Lewes

Co-Listed By

Murray Padgett

Jack Lingo - Lewes

Last Buyer's Agent

Carrie Lingo

Jack Lingo - Lewes License #RS-0017885 Listed on: 02/05/2017

Jack Lingo - Lewes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $275

Lot Details

  • 50 Acre Lot
  • Impact Fee Building Permits
  • Property is zoned AR1

Utilities

  • Water Tap or Transfer Fee
  • Public Hookup Available For Water

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-29.00-66.01

Property Details

Property Type

Land

Est. Annual Taxes

$275

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Current Use: Agriculture
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Commercial & Residential opportunity on the busy Route 24 corridor.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.38
  • Street Number Modifier: 27017

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
  • Sewer/Septic System: No Sewer System
  • Water Source: Tap Fee, Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Crops Included: Yes
  • Lot Size Acres: 50.00
  • Lot Size Area: 50
  • Lot Size Description: ClearAcres: 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178000.00
  • Zoning: AR1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 234-29.00-66.01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Forenski William J
Bought by
Davis And Baxter Realty Llc A Delaware L
Current Estimated Value
$926,863

Purchase Details

Closed on
Mar 11, 2015
Sold by
William E William E
Bought by
Forenski Wiliam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 And Baxter Realty Llc A Delaware L -- None Available
Forenski Wiliam J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis & Baxter Realty Llc $3,915,000
Previous Owner Forenski William $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $2,500,000 -16.7% --
07/02/2018 07/02/18 Pending -- -- --
02/05/2017 02/05/17 For Sale $3,000,000 -- --
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 $275 $6,650 $1,750 $4,900
2023 $275 $6,650 $1,750 $4,900
2022 $270 $6,650 $1,750 $4,900
2021 $262 $6,650 $1,750 $4,900
2020 $250 $6,650 $1,750 $4,900
2019 $261 $6,650 $1,750 $4,900
2018 $251 $6,650 $0 $0
2017 $254 $6,650 $0 $0
2016 $223 $6,650 $0 $0
2015 $230 $6,650 $0 $0
2014 $227 $6,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001566752

Bright MLS

APN: 234-29.00-64.01