NOT LISTED FOR SALE

28804 Fisher Rd Milton, DE 19968

Estimated Value: $446,000 - $1,192,847

52 Acres
$13,436 Price per Acre
2,272,525 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $1,295,000

Est. 46% decrease in value since last sale

Current estimated payment $4,018/month

62 Days on Market

Highlights

  • Horses Allowed On Property
  • Scenic Views
  • Premium Lot
  • Love Creek Elementary School Rated A
  • 52.17 Acre Lot
  • Backs to Trees or Woods

About This Lot

As of November 2022

Under Contract/ Taking Back-up offers ..If you are looking for one of the nicest parcels of land in the Eastern Sussex County Beach Area you would most likely try and take a second position to the current contract. Call Me today for Information .Location Location Location ! Yes we can all certainly agree this prime piece of Sussex Cty. Land offers that. There is however so much more; The total size of the parcels are 53.17 acres however the Seller is retaining approximately 5 acres. The build-able parcel should be +/ - 47 acres with +/_ 600 feet of open road frontage. The total length of the build-able parcel should be approximately 1600 feet with a depth of close to 1000 feet. The land is flat with virtually no obstructions. As a Big Plus you will get a very nice tree line of mature hardwoods across the full length of the rear property line that keeps that unspoiled Sussex County Beauty.Previous soil work indicates standard gravity systems and most lots should support full basements. The property sits less then 1 mile from Hopkins Dairy Farm on Fisher Rd. offering The Cape Henlopen School District and Lewes Fire District. You just simply can t find this setup elsewhere and certainly not at this very reasonable pricing Now let s ask this question. Are you the type that seems to always say coulda , shoulda, woulda , If only I had jumped at the opportunity..Or are you the Winner.Well Here Is Your Chance! This is a perfect parcel to work on a cluster style community that yields more units while preserving additional open space. You will have a number of options available to you. Priced at or BELOW the current market rate and comparable properties. This property is in the hottest growth and desired area at the Beach. One thing is for certain the homes here will sell as fast as Mrs. Smiths Hotcakes !All Showings/ Tours of the property must be made with the Listing agent and the Listing Agent must be present.Corn crop planted for the season, Farmer will retain full access to the property throughout the growing and Harvest season. There is no further leasing agreement after the crop has been harvested this Fall. Easy pickings here ... You can land bank it and profit from the rising market , develop it yourself , divide into Million dollar Farmetts...It is just such a rare opportunity it deserves your full attention. $$$$ Also Prime Working Equestrian set-up or Gentleman Farmer & Equestrian enthusiast. The Great Location only starts the list of positive attributes this land offers. ...Create Your Dream Here ( All Soil Work, Engineering Studies, Permitting, and Survey are solely the responsibility and cost of the Buyer should they desire any or all of the above prior to settlement.)You can start and end your search right here. Its Just That Good !!!

Last Agent to Sell the Property

BRUCE MARTIN

Keller Williams Realty Listed on: 04/28/2020

Last Buyer's Agent

Alison Bailey

NextHome Tomorrow Realty License #RS-0017570

NextHome Tomorrow Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,003

Lot Details

  • 52.17 Acre Lot
  • Rural Setting
  • Premium Lot
  • Level Lot
  • Open Lot
  • Backs to Trees or Woods
  • Property is zoned AR-1 741

Property Views

  • Scenic Vista
  • Woods
  • Pasture

Utilities

  • Underground Utilities
  • Well Required
  • Not Applied For Permit
  • Phone Available
  • Cable TV Available

Additional Features

  • Crops Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 334-10.00-69.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,003

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Agriculture, Recreation
  • Exclusions: Approximately 8-10 Acres of the original 52.17 to be retained by the Seller determined by final survey to be paid by the Buyer.
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Under Contract/ Taking Back-up offers ..If you are looking for one of the nicest parcels of land in the Eastern Sussex County Beach Area you would most likely try and take a second position to the current contract. Call Me today for Information .Location Location Location ! Yes we can all certainly agree this prime piece of Sussex Cty. Land offers that. There is however so much more; The total size of the parcels are 53.17 acres however the Seller is retaining approximately 5 acres. The build-able parcel should be +/ - 47 acres with +/_ 600 feet of open road frontage. The total length of the build-able parcel should be approximately 1600 feet with a depth of close to 1000 feet. The land is flat with virtually no obstructions. As a Big Plus you will get a very nice tree line of mature hardwoods across the full length of the rear property line that keeps that unspoiled Sussex County Beauty.Previous soil work indicates standard gravity systems and most lots should support full basements. The property sits less then 1 mile from Hopkins Dairy Farm on Fisher Rd. offering The Cape Henlopen School District and Lewes Fire District. You just simply can t find this setup elsewhere and certainly not at this very reasonable pricing Now let s ask this question. Are you the type that seems to always say coulda , shoulda, woulda , If only I had jumped at the opportunity..Or are you the Winner.Well Here Is Your Chance! This is a perfect parcel to work on a cluster style community that yields more units while preserving additional open space. You will have a number of options available to you. Priced at or BELOW the current market rate and comparable properties. This property is in the hottest growth and desired area at the Beach. One thing is for certain the homes here will sell as fast as Mrs. Smiths Hotcakes !All Showings/ Tours of the property must be made with the Listing agent and the Listing Agent must be present.Corn crop planted for the season, Farmer will retain full access to the property throughout the growing and Harvest season. There is no further leasing agreement after the crop has been harvested this Fall. Easy pickings here ... You can land bank it and profit from the rising market , develop it yourself , divide into Million dollar Farmetts...It is just such a rare opportunity it deserves your full attention. $$$$ Also Prime Working Equestrian set-up or Gentleman Farmer & Equestrian enthusiast. The Great Location only starts the list of positive attributes this land offers. ...Create Your Dream Here ( All Soil Work, Engineering Studies, Permitting, and Survey are solely the responsibility and cost of the Buyer should they desire any or all of the above prior to settlement.)You can start and end your search right here. Its Just That Good !!!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.66
  • Street Number Modifier: 28804

Exterior Features

  • Construction Completed: No
  • View: Pasture, Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Underground
  • Sewer/Septic System: Not Applied For Permit
  • Utilities: Cable Tv, Electric Available, Phone Available, Water Available
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Additional Parcels: No
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 14400.00
  • Land Use Code: AH
  • Lot Features: Backs To Trees, Crops Reserved, Level, Open, Premium, Road Frontage
  • Lot Size Acres: 52.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2272525.00
  • Possible Use: Agriculture, Apartment Building, Apartments, Church, Development, Flex Space, Investment, Land/Lot Only, Mixed Use, Mini-Storage, Office, Residential, Professional Service, Recreational, Senior Assisted/Day Care, Spa, Special Purpose
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: AR-1 741
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5188966
  • School Tax: 908.00
  • Tax Annual Amount: 1003.00
  • Assessor Parcel Number: 334-10.00-69.00
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/17/2022

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Mchugh Emily C
Bought by
James And Emily Mchugh Irrevocable Trust and Mota
Total Days on Market
62
Current Estimated Value
$700,962

Purchase Details

Listed on
Apr 28, 2020
Closed on
Nov 17, 2022
Sold by
Mchugh Emily C
Bought by
Sb Lightship Cove Llc
Seller's Agent
BRUCE MARTIN
Keller Williams Realty
Buyer's Agent
Alison Bailey
NextHome Tomorrow Realty
List Price
$1,500,000
Sold Price
$1,295,000
Premium/Discount to List
-$205,000
-13.67%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.39%
Original Mortgage
$100,000,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2022
Sold by
Beck Walter R
Bought by
Braun Hannah E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
James And Emily Mchugh Irrevocable Trust -- None Listed On Document
Sb Lightship Cove Llc $1,295,000 --
Braun Hannah E -- Bonnie M Benson Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sb Lightship Cove Llc $100,000,000
Previous Owner Beck Stacy C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $1,295,000 -13.7% --
04/28/2020 04/28/20 For Sale $1,500,000 -- --
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 $1,005 $21,300 $6,900 $14,400
2023 $1,005 $21,300 $6,900 $14,400
2022 $1,012 $21,300 $6,900 $14,400
2021 $1,003 $21,300 $6,900 $14,400
2020 $1,000 $21,300 $6,900 $14,400
2019 $1,001 $21,300 $6,900 $14,400
2018 $935 $21,300 $0 $0
2017 $896 $21,300 $0 $0
2016 $851 $21,300 $0 $0
2015 $813 $21,300 $0 $0
2014 $807 $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU160110

Bright MLS

APN: 334-10.00-69.00