NOT LISTED FOR SALE

27361 Martins Farm Rd Milton, DE 19968

Milton Area

Estimated Value: $190,814 - $519,000

5.01 Acres
$65,310 Price per Acre
218,236 Sq Ft Lot

Sale Details

Date Sold: July 1, 2025

Last sale price $650,000

Est. 50% decrease in value since last sale

Current estimated payment $1,804 / mo

About This Lot

As of July 2025

5 acre minor subdivision

Last Agent to Sell the Property

Jordan Geyer

(302) 227-3883 jgeyer05@gmail.com Jack Lingo - Rehoboth License #RS-0021096 Listed on: 07/01/2025

Jack Lingo - Rehoboth

Last Buyer's Agent

Jordan Geyer

(302) 227-3883 jgeyer05@gmail.com Jack Lingo - Rehoboth License #RS-0021096 Listed on: 07/01/2025

Jack Lingo - Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $413

Lot Details

  • 5.01 Acre Lot
  • Property is zoned AR-1

Utilities

  • Well
  • Approved Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 334-09.00-1.06

Property Details

Property Type

Land

Est. Annual Taxes

$413

Lot Details

5.01 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.98

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: Approved System
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 218236.00
  • Zoning: AR-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 369.00
  • Tax Annual Amount: 413.00
  • Assessor Parcel Number: 334-09.00-1.06
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2026
Sold by
Bought by
Current Estimated Value
$327,204

Purchase Details

Listed on
Jul 1, 2025
Closed on
Jul 1, 2025
Sold by
Bought by
Seller's Agent
Jordan Geyer
Jack Lingo - Rehoboth
Buyer's Agent
Jordan Geyer
Jack Lingo - Rehoboth
List Price
$650,000
Sold Price
$650,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.04%

Purchase Details

Listed on
May 13, 2024
Closed on
Dec 20, 2024
Sold by
Bought by
Seller's Agent
Kathleen Engel
RE/MAX Associates
Buyer's Agent
Jordan Geyer
Jack Lingo - Rehoboth
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.17%
Original Mortgage
$448,600
Interest Rate
0.0684%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 1989
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
$650,000 None Listed On Document
$415,000 None Listed On Document
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $448,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2025 07/01/25 Sold $650,000 0.0% --
07/01/2025 07/01/25 For Sale $650,000 +56.6% --
02/14/2025 02/14/25 Pending -- -- --
12/20/2024 12/20/24 Sold $415,000 -2.4% -- View Prior Sale
05/13/2024 05/13/24 For Sale $425,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $257 $13,850 $10,000 $3,850
2024 $413 $13,850 $10,000 $3,850
2023 $572 $13,850 $10,000 $3,850
2022 $563 $13,850 $10,000 $3,850
2021 $546 $13,850 $10,000 $3,850
2020 $521 $13,850 $10,000 $3,850
2019 $519 $13,850 $10,000 $3,850
2018 $524 $13,850 $0 $0
2017 $528 $13,850 $0 $0
2016 $465 $13,850 $0 $0
2015 $480 $13,850 $0 $0
2014 $472 $13,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2089784

Bright MLS

APN: 334-09.00-1.06

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