NOT LISTED FOR SALE

27117 Merchantman Dr Millsboro, DE 19966

Estimated Value: $205,055 - $301,000

1 Bed
2 Baths
1,456 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $185,000 $127 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,331/month

Highlights

  • A-Frame Home
  • Forced Air Heating and Cooling System
  • Carpet
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of February 2023

Home being sold as is condition. One bedroom, two baths, office and den that could be made into bedrooms but no closets. Now needs TLC, roof leak.

Last Agent to Sell the Property

Staci Walls

(302) 448-1173 staci@staciwalls.com NextHome Tomorrow Realty Listed on: 05/04/2021

NextHome Tomorrow Realty

Last Buyer's Agent

Staci Walls

(302) 448-1173 staci@staciwalls.com NextHome Tomorrow Realty Listed on: 05/04/2021

NextHome Tomorrow Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1997

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 99.00 x 125.00
  • Vinyl Fence
  • Property is in average condition
  • Property is zoned GR

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Garage Door Opener

Home Design

  • A-Frame Home
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Carpet
  • Partial Basement
  • Electric Oven or Range
  • Electric Dryer

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • River Village Subdivision

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 234-29.00-545.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1997

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Home being sold as is condition. One bedroom, two baths, office and den that could be made into bedrooms but no closets. Now needs TLC, roof leak.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1456
  • Living Area Sq Ft: 1456
  • Price Per Sq Ft: 127.06
  • Above Grade Finished Sq Ft: 1456
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27117

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Fencing: Vinyl
  • Improvement Assessed Value: 14750.00
  • Land Assessed Value: 3500.00
  • Land Use Code: RS
  • Lot Size Acres: 0.35
  • Lot Dimensions: 99.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: GR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5161701
  • School Tax: 638.00
  • Tax Annual Amount: 719.00
  • Assessor Parcel Number: 234-29.00-545.00
  • Tax Lot: 151
  • Tax Total Finished Sq Ft: 1456
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/03/2023

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Feb 3, 2023
Sold by
Miller Carol R
Bought by
Miller James Allen and Miller Carol R
Seller's Agent
Staci Walls
NextHome Tomorrow Realty
Buyer's Agent
Staci Walls
NextHome Tomorrow Realty
List Price
$185,000
Sold Price
$185,000
Views
8
Current Estimated Value
$243,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,264
Avg. Annual Appreciation
10.63%
Original Mortgage
$185,000
Outstanding Balance
$179,132
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$64,132

Purchase Details

Closed on
Jun 2, 1992
Bought by
Paley Joann
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
Miller James Allen $185,000 --
Paley Joann $16,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller James Allen $185,000
Previous Owner Paley Joann $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $185,000 0.0% $127 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $185,000 -- $127 / 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 $282 $18,250 $3,500 $14,750
2024 $459 $18,250 $3,500 $14,750
2023 $754 $18,250 $3,500 $14,750
2022 $754 $18,250 $3,500 $14,750
2021 $439 $18,250 $3,500 $14,750
2020 $1 $18,250 $3,500 $14,750
2019 $418 $18,250 $3,500 $14,750
2018 $416 $18,250 $0 $0
2017 $419 $18,250 $0 $0
2016 $384 $18,250 $0 $0
2015 $393 $18,250 $0 $0
2014 $383 $18,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU179190

Bright MLS

APN: 234-29.00-545.00