NOT LISTED FOR SALE

28014 Possum Point Rd Millsboro, DE 19966

Estimated Value: $266,000 - $390,000

3 Beds
1 Bath
795 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $389,000 $489 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,904/month

14 Days on Market

Highlights

  • 26 Feet of Waterfront
  • 1 Dock Slip
  • Fishing Allowed
  • Selbyville Middle School Rated A-
  • Pier
  • Bay View

About This Home

As of August 2024

For the Water Enthusiasts! Enjoy true waterfront living and private water access from your 60' dock on the Indian River Bay, near Millsboro. No HOA, NO condo fees, and NO leased land. Delight in abundant wildlife including bald eagles and stunning views of the dense woodlands across the bay. After a fun filled day on the water, come home to a comfortable place with all the amenities needed to enjoy a meal, relax and experience the most beautiful sunsets you will ever want to lay eyes on. This home holds memories of pontoon and jet ski adventures for 20 years, with trips to Milford, the Inland Bays, Delaware Bay, Assawoman Canal, Ocean City, and the ocean. Do you enjoy eating blue crabs? Get your fill right in front of your home, and clean them at the outside lower level sink, (ask about the best way to clean your crabs before cooking!). Enjoy 4th of July fireworks from the water, avoiding the crowds.
This home was lovingly renovated from top to bottom, inside and out. The renovation introduced modern style and appeal to this charming home. Enter into the lovely open kitchen/dining/family area at the entrance. There are 2 Bedrooms plus a Den with pocket doors on either side (which currently serves as the 3rd/guest room when needed), and a sunroom with plenty of windows that captures the essence of living on the river. Major improvements 2014-2015 including new siding, gutters and windows. New interior including new drywall, remodeled kitchen, paint, new flooring throughout. Fencing 2016. The sunroom was remodeled in 2020, all new windows, slider, and flooring. Other Features: 5’x60' dock with electric boat lift and 2 jet ski lifts, extra large upper and lower decks, an outside shower which is delightful and comes in so handy! Don’t miss this opportunity! The owners are hoping someone can start making the same wonderful memories they have. If you feel like a day on the beach, Rehoboth Beach is only 21 miles, Bethany Beach is 28 miles, Lewes Beach and OCMD is 36 miles. Typically all are a 30 minute drive depending on traffic. Virtual tour uploaded.

Last Agent to Sell the Property

SUSAN ASH

(302) 858-7477 yoursussexcountyagent@gmail.com RE/MAX Coastal License #RS-0013706 Listed on: 06/14/2024

RE/MAX Coastal

Last Buyer's Agent

Lisa Marie

(302) 753-8367 yourfriendsinrealestate@gmail.com RE/MAX Edge License #RS-0018248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1938 | Remodeled in 2006

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30.00 x 150.00
  • 26 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Vinyl Fence
  • No Through Street
  • Sloped Lot
  • Cleared Lot
  • Back Yard
  • Property is in excellent condition
  • Property is zoned GR

Property Views

  • Bay
  • River
  • Creek or Stream

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 795 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Ceiling Fan
  • Vinyl Clad Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Storm Doors
  • Washer
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Sun Deck
  • Waterski or Wakeboard
  • Bulkhead
  • Swimming Allowed
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock made with Treated Lumber
  • Stream or River on Lot
  • 1 Powered Boats Permitted
  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Outdoor Grill

Utilities

  • Central Air
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 233-01.00-29.00

Community Details

Overview

  • No Home Owners Association
  • Possum Point Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1938 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: See list in Disclosures
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-14
  • Federal Flood Zone: No
  • Year Built: 1938
  • Year Renovated: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: For the Water Enthusiasts! Enjoy true waterfront living and private water access from your 60' dock on the Indian River Bay, near Millsboro.  No HOA, NO condo fees, and NO leased land. Delight in abundant wildlife including bald eagles and stunning views of the dense woodlands across the bay.  After a fun filled day on the water, come home to a comfortable place with all the amenities needed to enjoy a meal, relax and experience the most beautiful sunsets you will ever want to lay eyes on. This home holds memories of pontoon and jet ski adventures for 20 years, with trips to Milford, the Inland Bays, Delaware Bay, Assawoman Canal, Ocean City, and the ocean.  Do you enjoy eating blue crabs?  Get your fill right in front of your home, and clean them at the outside lower level sink, (ask about the best way to clean your crabs before cooking!).  Enjoy 4th of July fireworks from the water, avoiding the crowds. This home was lovingly renovated from top to bottom, inside and out. The renovation introduced modern style and appeal to this charming home. Enter into the lovely open kitchen/dining/family area at the entrance.  There are  2 Bedrooms plus a Den with pocket doors on either side (which currently serves as the 3rd/guest room when needed), and a sunroom with plenty of windows that captures the essence of living on the river. Major improvements 2014-2015 including new siding, gutters and windows. New interior including new drywall, remodeled kitchen, paint, new flooring throughout.  Fencing 2016.  The sunroom was remodeled in 2020, all new windows, slider, and flooring. Other Features: 5’x60' dock with electric boat lift and 2 jet ski lifts, extra large upper and lower decks, an outside shower which is delightful and comes in so handy!    Don’t miss this opportunity!  The owners are hoping someone can start making the same wonderful memories they have.  If you feel like a day on the beach, Rehoboth Beach is only 21 miles, Bethany Beach is 28 miles, Lewes Beach and OCMD is 36 miles. Typically all are a 30 minute drive depending on traffic. Virtual tour uploaded.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Washer, Built-In Microwave, Microwave, Oven/Range - Electric, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Kitchen - Eat-In, Ceiling Fan(s), Family Room Off Kitchen
  • Window Features: Vinyl Clad, Screens
  • Other Equipment: Negotiable
  • Fireplace: No
  • Door Features: Storm, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 795
  • Living Area Sq Ft: 795
  • Price Per Sq Ft: 489.31
  • Above Grade Finished Sq Ft: 795
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28014

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
  • Other Structures List: Shed, Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Exterior Lighting, Outbuilding(s), Outside Shower, Secure Storage
  • Roof: Shingle, Asphalt
  • Spa: No
  • View: River, Creek/Stream, Water, Bay
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed, Waterski/Wakeboard, Swimming Allowed
  • Water Access: Yes
  • Water Body Name: Indian River Bay
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 26

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Utilities: Cable Tv Available
  • Water Source: Well, Filter
  • Municipal Trash: No
  • Internet Services: Cable

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
  • Fencing: Vinyl
  • Land Use Code: RS
  • Lot Features: Bulkheaded, Cleared, Fishing Available, No Thru Street, Rear Yard, Sloping, Stream/Creek
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 472.00
  • Tax Annual Amount: 529.00
  • Assessor Parcel Number: 233-01.00-29.00
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/12/2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 12, 2024
Sold by
Savino Matthew W and Savino Carol A
Bought by
Donath Julieanne
Seller's Agent
SUSAN ASH
RE/MAX Coastal
Buyer's Agent
Lisa Marie
RE/MAX Edge
List Price
$389,000
Sold Price
$389,000
Views
106
Current Estimated Value
$349,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,036
Avg. Annual Appreciation
-8.57%
Original Mortgage
$291,750
Outstanding Balance
$288,442
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$61,522
Source: Public Records

Range of Values:

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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
Donath Julieanne $389,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donath Julieanne $291,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $389,000 0.0% $489 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $389,000 -- $489 / 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 $825 $12,800 $2,000 $10,800
2024 $529 $12,800 $2,000 $10,800
2023 $529 $12,800 $2,000 $10,800
2022 $520 $12,800 $2,000 $10,800
2021 $505 $12,800 $2,000 $10,800
2020 $481 $12,800 $2,000 $10,800
2019 $479 $12,800 $2,000 $10,800
2018 $484 $12,800 $0 $0
2017 $488 $12,800 $0 $0
2016 $430 $12,800 $0 $0
2015 $443 $12,800 $0 $0
2014 $437 $12,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2064172

Bright MLS

APN: 233-01.00-29.00