NOT LISTED FOR SALE

27768 Possum Point Rd Millsboro, DE 19966

Estimated Value: $172,369 - $232,000

3 Beds
1 Bath
672 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $187,000 $278 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,177/month

4 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating System
  • Selbyville Middle School Rated A-
  • Level Entry For Accessibility

About This Home

As of April 2022

Incredible opportunity to own a 3 bedroom home on almost a half acre lot with only county restrictions under 200k! Property is centrally located right outside the booming town of Millsboro, close to all of the shops and restaurants, yet tucked away on a secluded dead end street. The home features all new carpet, new bathtub/shower, fresh paint, a large kitchen and living room and a mudroom/laundry room. The yard is massive and has plenty of room to build a detached garage for your workshop or . With only county restrictions, you are free to do what you want. Store your work vehicles, boat, RV. So much potential at this price point. Other improvements include a new dehumidifier and vapor barrier in crawlspace and new gravity septic system. Call now to learn more!

Last Agent to Sell the Property

Carrie Lingo

(302) 500-0825 carrie@jacklingo.com Jack Lingo - Lewes License #RS-0017885 Listed on: 02/24/2022

Jack Lingo - Lewes

Co-Listed By

Shawn McDonnell

(302) 542-8591 shawn@jacklingo.com Jack Lingo - Lewes License #RS-0024379

Last Buyer's Agent

Deysy Ojeda

(302) 604-8978 deysy09@gmail.com The Parker Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 89.00 x 220.00
  • No Through Street
  • Cleared Lot
  • Property is in good condition
  • Property is zoned GR

Home Design

  • Rambler Architecture
  • Stick Built Home

Interior Spaces

  • 672 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Gravity Septic Field

Community Details

  • No Home Owners Association
  • Possum Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-94.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Sussex De Quadrants: Between Rt 1 & 113
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: Incredible opportunity to own a 3 bedroom home on almost a half acre lot with only county restrictions under 200k! Property is centrally located right outside the booming town of Millsboro, close to all of the shops and restaurants, yet tucked away on a secluded dead end street. The home features all new carpet, new bathtub/shower, fresh paint, a large kitchen and living room and a mudroom/laundry room. The yard is massive and has plenty of room to build a detached garage for your workshop or . With only county restrictions, you are free to do what you want. Store your work vehicles, boat, RV. So much potential at this price point. Other improvements include a new dehumidifier and vapor barrier in crawlspace and new gravity septic system. Call now to learn more!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 672
  • Living Area Sq Ft: 672
  • Price Per Sq Ft: 260.42
  • Above Grade Finished Sq Ft: 672
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27768

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: RS
  • Lot Features: Cleared, No Thru Street
  • Lot Size Acres: 0.46
  • Lot Dimensions: 89.00 x 220.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 369.00
  • Tax Annual Amount: 416.00
  • Assessor Parcel Number: 233-01.00-94.01
  • Tax Total Finished Sq Ft: 672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/14/2022

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 14, 2022
Sold by
Spencer Investments Llc
Bought by
Castro Steve
Seller's Agent
Carrie Lingo
Jack Lingo - Lewes
Buyer's Agent
Deysy Ojeda
The Parker Group
List Price
$175,000
Sold Price
$187,000
Premium/Discount to List
$12,000
6.86%
Current Estimated Value
$214,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,592
Avg. Annual Appreciation
3.98%
Original Mortgage
$177,650
Outstanding Balance
$165,984
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$48,608

Purchase Details

Closed on
Apr 22, 2014
Bought by
Spencer Donald L and Spencer Melinda

Purchase Details

Closed on
Apr 21, 2014
Bought by
Spencer Donald L and Spencer Melinda

Purchase Details

Closed on
Apr 17, 2014
Sold by
Donald L Donald L and Spencer Melinda
Bought by
Spencer Investments Llc A Delaware Lim
Source: Public Records

Range of Values:

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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
Castro Steve $187,000 Weidman & Townsend Pa
Spencer Donald L -- --
Spencer Donald L -- --
Spencer Investments Llc A Delaware Lim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Steve $177,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $187,000 +6.9% $278 / Sq Ft
02/24/2022 02/24/22 For Sale $175,000 -- $260 / 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 $520 $10,550 $1,000 $9,550
2024 $479 $10,550 $1,000 $9,550
2023 $460 $10,550 $1,000 $9,550
2022 $453 $10,550 $1,000 $9,550
2021 $416 $10,550 $1,000 $9,550
2020 $397 $10,550 $1,000 $9,550
2019 $395 $10,550 $1,000 $9,550
2018 $399 $10,550 $0 $0
2017 $402 $10,550 $0 $0
2016 $354 $10,550 $0 $0
2015 $365 $10,550 $0 $0
2014 $360 $10,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carrie Lingo

    Seller's Agent in 2022

    Carrie Lingo

    Jack Lingo - Lewes

    (302) 500-0825

    24 in this area

    852 Total Sales

    Carrie Lingo
    Section Image
  • Shawn McDonnell

    Seller Co-Listing Agent in 2022

    Shawn McDonnell

    Jack Lingo - Lewes

    (302) 542-8591

    10 in this area

    151 Total Sales

    Shawn McDonnell
    Section Image
  • Deysy Ojeda

    Buyer's Agent in 2022

    Deysy Ojeda

    The Parker Group

    (302) 604-8978

    8 in this area

    42 Total Sales

    Deysy Ojeda
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU2013834

Bright MLS

APN: 233-01.00-94.01

Delaware Sussex County Millsboro 19966

27768 Possum Point Rd, Millsboro, DE

This home is located at 27768 Possum Point Rd, Millsboro, DE 19966 since 24 February 2022 and is currently estimated at $214,592, approximately $319 per square foot. This property was built in 1953. 27768 Possum Point Rd is a home located in Sussex County with nearby schools including John M. Clayton Elementary School, Selbyville Middle School, and Indian River High School.

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