$650,000
SOLD JUL 1, 2025

27361 Martins Farm Rd Milton, DE 19968

5 Acres
$129,741 Price per Acre
218,236 Sq Ft Lot

Recently Sold

About This Lot

As of July 2025

5 acre minor subdivision

Last Agent to Sell the Property

Jordan Geyer

Jack Lingo - Rehoboth Listed on: 07/01/2025

Jack Lingo - Rehoboth

Last Buyer's Agent

Jordan Geyer

Jack Lingo - Rehoboth 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

0

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
  • Remarks Public: 5 acre minor subdivision
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.98
  • Street Number Modifier: 27361

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Size Acres: 5.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 218236.00
  • Year Assessed: 2024
  • 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
  • Close Date: 07/01/2025

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Jul 1, 2025
Sold by
Jk Investment Properties Llc
Bought by
Martins Farm Development Llc
Seller's Agent
Jordan Geyer
Jack Lingo - Rehoboth
Buyer's Agent
Jordan Geyer
Jack Lingo - Rehoboth
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%

Purchase Details

Listed on
May 13, 2024
Closed on
Dec 20, 2024
Sold by
Delgado-Greener Hilda Elisa
Bought by
Jk Investment Properties Llc
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
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 1989
Bought by
Delgado Hilda Elisa
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 Type Sale Price Title Company
Deed $650,000 None Listed On Document
Deed $650,000 None Listed On Document
Deed $415,000 None Listed On Document
Deed $415,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $448,600 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
05/13/2024 05/13/24 For Sale $425,000 -- --
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 $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