NOT LISTED FOR SALE

28079 Possum Point Rd Millsboro, DE 19966

Estimated Value: $111,679 - $196,000

2 Beds
2 Baths
1,760 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $107,500 $61 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $759/month

Highlights

  • Deck
  • Rambler Architecture
  • Shed
  • Selbyville Middle School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2021

Investor alert! Spacious two bedroom, two bath single family home situated in a convenient location to area beaches. Home has a large living room, dining room, and a remodeled kitchen with stainless steel appliances. Home also has two bedrooms and a third room with no closet that can be used as a den or office. This property has an excellent rental history. Property will not qualify for financing due to the cess pool septic system. Property is being sold as-is. Any and all inspection will be for informational purposes only.

Last Agent to Sell the Property

SHERRY MITCHELL

(302) 228-2128 sherry.mitchell@indianriverland.com INDIAN RIVER LAND CO License #RS-0022341 Listed on: 08/08/2020

Last Buyer's Agent

Colleen Windrow

(443) 497-4917 colleen@thewindrowgroup.com Keller Williams Realty License #RS-0024171

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1966

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 119.00 x 100.00
  • Property is in average condition
  • Property is zoned GR

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 1,760 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Well
  • Electric Water Heater
  • Cesspool
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Possum Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233-01.00-47.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$429

Year Built

Built in 1966

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: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert! Spacious two bedroom, two bath single family home situated in a convenient location to area beaches. Home has a large living room, dining room, and a remodeled kitchen with stainless steel appliances. Home also has two bedrooms and a third room with no closet that can be used as a den or office. This property has an excellent rental history. Property will not qualify for financing due to the cess pool septic system. Property is being sold as-is. Any and all inspection will be for informational purposes only.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 65.28
  • Above Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28079

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Cess Pool
  • 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
  • School District Key: 300200396898
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 9150.00
  • Land Assessed Value: 2250.00
  • Land Use Code: RS
  • Lot Size Acres: 0.27
  • Lot Dimensions: 119.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11761.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5144479
  • School Tax: 378.00
  • Tax Annual Amount: 429.00
  • Assessor Parcel Number: 233-01.00-47.00
  • Tax Total Finished Sq Ft: 1760
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/01/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Stevenson & Warner Llc
Bought by
Bsbs Rentals Llc
Current Estimated Value
$133,920

Purchase Details

Listed on
Aug 8, 2020
Closed on
Feb 1, 2021
Sold by
Hudson-White Jessica L
Bought by
Stevenson & Warner Llc
Seller's Agent
SHERRY MITCHELL
INDIAN RIVER LAND CO
Buyer's Agent
Colleen Windrow
Keller Williams Realty
List Price
$125,000
Sold Price
$107,500
Premium/Discount to List
-$17,500
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
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
Bsbs Rentals Llc $110,000 None Listed On Document
Bsbs Rentals Llc $110,000 None Listed On Document
Stevenson & Warner Llc $107,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $107,500 -6.4% $61 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
11/12/2020 11/12/20 Price Changed $114,900 -4.2% $65 / Sq Ft
10/01/2020 10/01/20 Price Changed $119,900 -2.5% $68 / Sq Ft
09/02/2020 09/02/20 Price Changed $123,000 -1.6% $70 / Sq Ft
08/08/2020 08/08/20 For Sale $125,000 -- $71 / 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 $606 $11,400 $2,250 $9,150
2024 $471 $11,400 $2,250 $9,150
2023 $471 $11,400 $2,250 $9,150
2022 $463 $11,400 $2,250 $9,150
2021 $449 $11,400 $2,250 $9,150
2020 $441 $11,400 $2,250 $9,150
2019 $439 $11,400 $2,250 $9,150
2018 $443 $11,400 $0 $0
2017 $435 $11,400 $0 $0
2016 $395 $11,400 $0 $0
2015 $407 $11,400 $0 $0
2014 $401 $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU166218

Bright MLS

APN: 233-01.00-47.00