NOT LISTED FOR SALE

28002 Possum Point Rd Millsboro, DE 19966

Estimated Value: $201,000 - $287,000

2 Beds
1 Bath
852 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $220,500 $259 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • River View
  • Stream or River on Lot
  • No HOA
  • Selbyville Middle School Rated A-
  • Great Room
  • Screened Porch

About This Home

As of February 2021

Wow the view..........loads of potential here for sure! Don't let this deal slip away!

Last Agent to Sell the Property

KATHY LOUGHEED

(302) 542-4521 Kathy@BurtonRealtyInc.com BURTON REALTY INC License #RB-0002688 Listed on: 09/11/2020

Last Buyer's Agent

Ruslana Stoykova

(302) 727-8661 ruslana.realtor@gmail.com The Real Agency License #RB-0031334

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1958

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 10.00 x 194.00
  • Property is zoned GR

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 852 Sq Ft Home
  • Property has 1 Level
  • Great Room
  • Screened Porch
  • Utility Room
  • River Views
  • Partial Basement

Kitchen

  • Kitchen in Efficiency Studio
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Cesspool

Additional Features

  • Stream or River on Lot
  • Flood Risk

Community Details

  • No Home Owners Association
  • Possum Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-33.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: Yes
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Wow the view..........loads of potential here for sure! Don't let this deal slip away!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Stove, Water Heater
  • Interior Amenities: Kitchen - Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Room List: Kitchen, Great Room, Utility Room, Screened Porch
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 852
  • Living Area Sq Ft: 852
  • Price Per Sq Ft: 269.84
  • Above Grade Finished Sq Ft: 852
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28002

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame, Stone
  • Spa: No
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Cess Pool
  • Water Source: Well

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: RS
  • Lot Size Acres: 0.04
  • Lot Dimensions: 10.00 x 194.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5144463
  • School Tax: 257.00
  • Tax Annual Amount: 292.00
  • Assessor Parcel Number: 233-01.00-33.00
  • Tax Total Finished Sq Ft: 852
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/11/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Jan 11, 2021
Sold by
Pilkington Trinity O
Bought by
Turner Jeri L and Lee-Turner Curtis
Seller's Agent
KATHY LOUGHEED
BURTON REALTY INC
Buyer's Agent
Ruslana Stoykova
The Real Agency
List Price
$229,900
Sold Price
$220,500
Premium/Discount to List
-$9,400
-4.09%
Current Estimated Value
$254,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,306
Avg. Annual Appreciation
3.12%
Original Mortgage
$269,928
Outstanding Balance
$240,869
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$13,937

Purchase Details

Closed on
Jun 1, 2018
Sold by
Homes Make Dollars Llc
Bought by
Pilkington Trinity O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2018
Sold by
Ferro James
Bought by
Homes Make Dollars Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2010
Bought by
Ferro James

Purchase Details

Closed on
Mar 3, 2010
Bought by
Ferro James
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
Turner Jeri L $218,000 None Available
Pilkington Trinity O $200,000 --
Homes Make Dollars Llc $140,000 --
Ferro James -- --
Ferro James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Jeri L $269,928
Previous Owner Homes Make Dollars Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $220,500 -4.1% $259 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $229,900 -- $270 / 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 $1,015 $7,750 $2,500 $5,250
2024 $344 $7,750 $2,500 $5,250
2023 $344 $7,750 $2,500 $5,250
2022 $339 $7,750 $2,500 $5,250
2021 $329 $7,750 $2,500 $5,250
2020 $304 $7,750 $2,500 $5,250
2019 $290 $7,750 $2,500 $5,250
2018 $305 $7,750 $0 $0
2017 $295 $7,750 $0 $0
2016 $272 $7,750 $0 $0
2015 $280 $7,750 $0 $0
2014 $276 $7,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU169012

Bright MLS

APN: 233-01.00-33.00