$365,000
SOLD NOV 4, 2024

28236 Basin Rd Millsboro, DE 19966

3 Beds
2 Baths
1,238 Sq Ft
0.34 Acres

Recently Sold

$295 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Water Views
  • Canoe or Kayak Water Access
  • Fishing Allowed
  • Home fronts navigable water
  • Public Beach
  • Coastal Architecture

About This Home

As of November 2024

Welcome to the quaint community of Oak Orchard where you will enjoy gorgeous sunrises over the Indian River Bay, fishing, and navigating the waters by boat or kayak to local beaches and state parks. Walking distance from Serendipity restaurant and only minutes from other dining options, tax free shopping, waterpark/amusements, live entertainment, and much more. No HOA. No land lease.
Situated at the end of Basin Road on an oversized triple lot with firepit area, plenty of room for parking, and two sheds, one of which is equipped with electric and running water. Inside you will find a workshop with ample storage space and a full bath on the ground level . The upper level of this raised home features a spacious wrap around deck overlooking acres of vacant land, home to waterfowl and the waterway known as Emily Gut. The inside consists of three bedrooms, another full bath, eat in kitchen, living room, and large three season room perfect for entertaining and taking in the spectacular views. This peaceful retreat is ready for you to make it your new home.

Last Agent to Sell the Property

AMY SPAHR

Elevated Real Estate Solutions License #RS-0025012 Listed on: 08/15/2024

Last Buyer's Agent

Bill Cullin

Long & Foster Real Estate, Inc. License #RS0018675

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150.00 x 100.00
  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • Open Space
  • Year Round Access
  • No Through Street
  • Premium Lot
  • Level Lot
  • Cleared Lot
  • Back, Front, and Side Yard
  • Additional Parcels
  • Property is in very good condition
  • Property is zoned GR

Property Views

  • Water
  • Panoramic

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,238 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Window Screens
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 3 Driveway Spaces
  • 3 Attached Carport Spaces
  • Private Parking
  • Free Parking
  • Off-Street Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Public Water Access
  • Property near a bay
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Stream or River on Lot
  • Powered Boats Permitted
  • Balcony
  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Wrap Around Porch

Location

  • Flood Risk

Schools

  • Long Neck Elementary School
  • Indian River High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 234-35.05-39.00

Community Details

Overview

  • No Home Owners Association
  • Oak Orchard Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$834

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Sellers personal property
  • Historic: No
  • Inclusions: 2 sheds. One shed is equiped with electric and water. Security cameras.
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-08-15
  • Federal Flood Zone: Yes
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to the quaint community of Oak Orchard where you will enjoy gorgeous sunrises over the Indian River Bay, fishing, and navigating the waters by boat or kayak to local beaches and state parks. Walking distance from Serendipity restaurant and only minutes from other dining options, tax free shopping, waterpark/amusements, live entertainment, and much more. No HOA. No land lease. Situated at the end of Basin Road on an oversized triple lot with firepit area, plenty of room for parking, and two sheds, one of which is equipped with electric and running water. Inside you will find a workshop with ample storage space and a full bath on the ground level . The upper level of this raised home features a spacious wrap around deck overlooking acres of vacant land, home to waterfowl and the waterway known as Emily Gut. The inside consists of three bedrooms, another full bath, eat in kitchen, living room, and large three season room perfect for entertaining and taking in the spectacular views. This peaceful retreat is ready for you to make it your new home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven - Self Cleaning, Washer, Water Heater, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Kitchen - Eat-In, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Pilings
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1238
  • Living Area Sq Ft: 1238
  • Price Per Sq Ft: 302.91
  • Above Grade Finished Sq Ft: 1238
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28236

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Stick Built
  • Exterior Features: Outbuilding(s)
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Water, Panoramic, Street
  • Water Access Features: Canoe/Kayak, Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Free, Private, Under Home Parking
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway, Off Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, DSL, Satellite, LTE

Condo/Co-op/Association

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

Fee Information

  • Other Fees Frequency: Annually

Schools

  • School District: INDIAN RIVER
  • Elementary School: LONG NECK
  • High School: INDIAN RIVER
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Key: 300200396898
  • School District Source: 3rd Party
  • Elementary School: LONG NECK
  • High School: INDIAN RIVER

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Lot Features: Adjoins - Open Space, Stream/Creek, Cleared, Fishing Available, Front Yard, Level, No Thru Street, Premium, Rear Yard, Road Frontage, Sideyard(s), Year Round Access
  • Lot Size Acres: 0.34
  • Lot Dimensions: 150.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Deck(s), Patio(s), Wrap Around, Balcony
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 744.00
  • Tax Annual Amount: 834.00
  • Assessor Parcel Number: 234-35.05-39.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 11/04/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Nov 4, 2024
Sold by
Coyle Elizabeth Ann
Bought by
Griffin Christine Lee and Grob Daniel John
Seller's Agent
AMY SPAHR
Elevated Real Estate Solutions
Buyer's Agent
Bill Cullin
Long & Foster Real Estate, Inc.
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
1466
Current Estimated Value
$338,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,575
Avg. Annual Appreciation
-6.48%
Original Mortgage
$239,000
Outstanding Balance
$237,092
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$107,252

Purchase Details

Listed on
Nov 7, 2020
Closed on
Jan 8, 2021
Sold by
Brackin Newton R and Brackin Michelle M
Bought by
Coyle Elizabeth A
Seller's Agent
BRUCE WRIGHT
Mann & Sons, Inc.
Buyer's Agent
AMY SPAHR
Elevated Real Estate Solutions
List Price
$309,000
Sold Price
$250,000
Premium/Discount to List
-$59,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Aug 28, 2014
Sold by
Wanda A Wanda A and Zurko Mieczyslaw J
Bought by
Brackin Newton Russell and Brackin Michelle M
Seller's Agent
MYRA LEE LEIGHTY
JACK LINGO MILLSBORO
Buyer's Agent
KIMBERLI KLIPPENSTEIN
JACK LINGO MILLSBORO
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
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 Type Sale Price Title Company
Deed $365,000 None Listed On Document
Deed $250,000 None Available
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,000 New Conventional
Previous Owner $60,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $365,000 -2.7% $295 / Sq Ft
08/15/2024 08/15/24 For Sale $375,000 +50.0% $303 / Sq Ft
01/08/2021 01/08/21 Sold $250,000 -13.5% $202 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 Price Changed $289,000 -3.0% $233 / Sq Ft
11/20/2020 11/20/20 Price Changed $297,900 -3.6% $241 / Sq Ft
11/07/2020 11/07/20 For Sale $309,000 +120.7% $250 / Sq Ft
09/05/2014 09/05/14 Sold $140,000 0.0% $96 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $140,000 -- $96 / 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
2024 $847 $17,750 $3,750 $14,000
2023 $846 $17,750 $3,750 $14,000
2022 $833 $17,750 $3,750 $14,000
2021 $808 $17,750 $3,750 $14,000
2020 $760 $17,750 $3,750 $14,000
2019 $756 $17,750 $3,750 $14,000
2018 $671 $17,750 $0 $0
2017 $677 $17,750 $0 $0
2016 $596 $17,750 $0 $0
2015 $315 $9,100 $0 $0
2014 $310 $9,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2068286

Bright MLS

APN: 234-35.05-39.00