NOT LISTED FOR SALE

27822 Possum Point Rd Millsboro, DE 19966

Estimated Value: $94,236 - $216,000

3 Beds
1.5 Baths
864 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $100,000 $116 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $896/month

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Selbyville Middle School Rated A-
  • No HOA
  • Shed

About This Home

As of May 2019

Investor alert. Tucked away in a community known as Possum Point is this 3 bedroom, 1 1/2 bathroom rancher with an excellent rental history and tenants currently in place. Situated on a nicely sized lot, the home features a living room with hardwood floors, eat-in kitchen and laundry area. This property has a new septic system which was installed in 2012. Be sure to schedule a showing of this property today before it is too late.

Last Agent to Sell the Property

KELLY DELEON

(302) 934-8818 kelly.deleon@indianriverland.com INDIAN RIVER LAND CO License #rs-0018228 Listed on: 03/01/2019

Last Buyer's Agent

Karen Hamilton

(302) 629-9423 karensellshouses@comcast.net CALLAWAY FARNELL AND MOORE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100.00 x 150.00

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • East Millsboro Elementary School
  • Millsboro Middle School
  • Sussex Central High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Gravity Septic Field
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Possum Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-79.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • 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: 1963
  • Remarks Public: Investor alert. Tucked away in a community known as Possum Point is this 3 bedroom, 1 1/2 bathroom rancher with an excellent rental history and tenants currently in place. Situated on a nicely sized lot, the home features a living room with hardwood floors, eat-in kitchen and laundry area. This property has a new septic system which was installed in 2012. Be sure to schedule a showing of this property today before it is too late.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Window Treatments
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 127.20
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27822

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Roof: Asphalt
  • 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: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: EAST MILLSBORO
  • Middle School: MILLSBORO
  • High School: SUSSEX CENTRAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: EAST MILLSBORO
  • High School: SUSSEX CENTRAL
  • Middle Or Junior School: MILLSBORO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: RS
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14998.00
  • Year Assessed: 2018
  • Zoning: E
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5144517
  • School Tax: 359.00
  • Tax Annual Amount: 406.00
  • Assessor Parcel Number: 233-01.00-79.00
  • Tax Total Finished Sq Ft: 864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/31/2019

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 4, 2019
Sold by
Elva L Cash Ret
Bought by
Campbell Robin L and Shank Jeffrey S
Seller's Agent
KELLY DELEON
INDIAN RIVER LAND CO
Buyer's Agent
Karen Hamilton
CALLAWAY FARNELL AND MOORE
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Current Estimated Value
$162,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,559
Avg. Annual Appreciation
7.87%
Original Mortgage
$75,000
Outstanding Balance
$65,943
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$96,616
Source: Public Records

Range of Values:

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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
Campbell Robin L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Robin L $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $100,000 -9.0% $116 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $109,900 -- $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 $447 $10,750 $2,250 $8,500
2024 $444 $10,750 $2,250 $8,500
2023 $444 $10,750 $2,250 $8,500
2022 $437 $10,750 $2,250 $8,500
2021 $424 $10,750 $2,250 $8,500
2020 $404 $10,750 $2,250 $8,500
2019 $403 $10,750 $2,250 $8,500
2018 $0 $10,750 $0 $0
2017 $410 $10,750 $0 $0
2016 $361 $10,750 $0 $0
2015 $372 $10,750 $0 $0
2014 $367 $10,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    KELLY DELEON

    INDIAN RIVER LAND CO

    (302) 934-8818

    5 in this area

    18 Total Sales

    KELLY DELEON
    Section Image
  • Karen Hamilton

    Buyer's Agent in 2019

    Karen Hamilton

    CALLAWAY FARNELL AND MOORE

    (302) 629-9423

    27 Total Sales

    Karen Hamilton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU132922

Bright MLS

APN: 233-01.00-79.00

Delaware Sussex County Millsboro 19966

27822 Possum Point Rd, Millsboro, DE

This home is located at 27822 Possum Point Rd, Millsboro, DE 19966 since 01 March 2019 and is currently estimated at $162,559, approximately $188 per square foot. This property was built in 1963. 27822 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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