NOT LISTED FOR SALE

27785 Possum Point Rd Millsboro, DE 19966

Estimated Value: $95,194 - $197,000

2 Beds
1 Bath
960 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $59,000 $61 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $791/month

Highlights

  • Deck
  • Rambler Architecture
  • No HOA
  • Selbyville Middle School Rated A-
  • Attic
  • Porch

About This Home

As of December 2016

Don't miss your opportunity to invest in this quaint property! It would make an affordable primary home, a convenient second home or a great rental property. The current owner has completed over $20,000 in recent updates including a new shed, brand new septic system, new well and pressure tank, new water conditioning system, new water heater and more! It is currently tenant occupied and the tenant would like to stay if possible. The current lease agreement is month to month and the rent is $795.00 a month. Come see this property today! It is a ranch and alll rooms are on the fist floor.

Last Agent to Sell the Property

Lisa Mathena

(302) 236-6232 lisa@lisamathena.com The Lisa Mathena Group, Inc. Listed on: 06/20/2016

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $275

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x149
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-8.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$275

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Range, Water Conditioner
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Remarks Public: Don't miss your opportunity to invest in this quaint property! It would make an affordable primary home, a convenient second home or a great rental property. The current owner has completed over $20,000 in recent updates including a new shed, brand new septic system, new well and pressure tank, new water conditioning system, new water heater and more! It is currently tenant occupied and the tenant would like to stay if possible. The current lease agreement is month to month and the rent is $795.00 a month. Come see this property today! It is a ranch and alll rooms are on the fist floor.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Net Sq Ft: 960.00
  • Price Per Sq Ft: 72.81
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27785

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X149
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5144508
  • Tax Annual Amount: 275.00
  • Assessor Parcel Number: 233-01.00-8.00
  • Tax Year: 2015
  • Close Date: 12/20/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Dec 14, 2016
Sold by
Duffy Jane A
Bought by
Lawson Ronald B
Seller's Agent
Lisa Mathena
The Lisa Mathena Group, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$83,900
Sold Price
$59,000
Premium/Discount to List
-$24,900
-29.68%
Current Estimated Value
$143,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,549
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Duffy Gail B and Duffy Jane A
Bought by
Duffy Jane A

Purchase Details

Closed on
Feb 9, 2012
Sold by
Duffy Gail B and Duffy Jane A
Bought by
Duffy Jane A
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
Lawson Ronald B $59,000 None Available
Duffy Jane A -- --
Duffy Jane A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $59,000 -15.6% $61 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
09/12/2016 09/12/16 Price Changed $69,900 -5.4% $73 / Sq Ft
08/22/2016 08/22/16 Price Changed $73,900 -7.5% $77 / Sq Ft
08/09/2016 08/09/16 Price Changed $79,900 -4.8% $83 / Sq Ft
06/20/2016 06/20/16 For Sale $83,900 -- $87 / 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 $384 $7,600 $2,000 $5,600
2024 $326 $7,600 $2,000 $5,600
2023 $203 $7,600 $2,000 $5,600
2022 $196 $7,600 $2,000 $5,600
2021 $190 $7,600 $2,000 $5,600
2020 $182 $7,600 $2,000 $5,600
2019 $297 $7,600 $2,000 $5,600
2018 $299 $7,600 $0 $0
2017 $302 $7,600 $0 $0
2016 $267 $7,600 $0 $0
2015 $275 $7,600 $0 $0
2014 $271 $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001723158

Bright MLS

APN: 233-01.00-8.00