NOT LISTED FOR SALE

289 Pond Rd Millsboro, DE 19966

Estimated Value: $297,032 - $661,000

0.68 Acre
$691,556 Price per Acre
29,621 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $110,000

Est. 328% increase in value since last sale

Current estimated payment $2,729/month

174 Days on Market

Highlights

  • Home fronts navigable water
  • Bay View
  • 0.68 Acre Lot
  • Water Access

About This Lot

As of December 2020

Water access community in Millsboro. Lot is .68 of an acre, located in Winding Creek Village. Low HOA yearly fee of $300, boat ramp included, goes into the Guinea Creek which leads into the Rehoboth Bay!!! No builder tie in, sewer hook up available soon.

Last Agent to Sell the Property

Jay Shinn

RE/MAX Point Realty License #5011042 Listed on: 03/03/2020

Last Buyer's Agent

Adrienne Klase

Berkshire Hathaway HomeServices PenFed Realty License #RS-0023066

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $146

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 120.00 x 200.00
  • Home fronts navigable water
  • Property is zoned AR-1 1241

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Bay
  • Pond
  • Canal

Listing and Financial Details

  • Tax Lot J-6
  • Assessor Parcel Number 234-24.00-332.01

Community Details

Overview

  • Winding Creek Village Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$146

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Water access community in Millsboro. Lot is .68 of an acre, located in Winding Creek Village. Low HOA yearly fee of $300, boat ramp included, goes into the Guinea Creek which leads into the Rehoboth Bay!!! No builder tie in, sewer hook up available soon.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 3.95
  • Street Number Modifier: 289

Exterior Features

  • Construction Completed: No
  • View: Pond, Canal, Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • 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: RV
  • Lot Size Acres: 0.68
  • Lot Dimensions: 120.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29621.00
  • Year Assessed: 2019
  • Zoning: AR-1 1241
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5157089
  • School Tax: 129.00
  • Tax Annual Amount: 146.00
  • Assessor Parcel Number: 234-24.00-332.01
  • Tax Lot: J-6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Dec 18, 2020
Sold by
Forenski William M and Karlik Patience
Bought by
Albitz Brock R and Albitz Katlyn
Seller's Agent
Jay Shinn
RE/MAX Point Realty
Buyer's Agent
Adrienne Klase
Berkshire Hathaway HomeServices PenFed Realty
List Price
$122,000
Sold Price
$110,000
Premium/Discount to List
-$12,000
-9.84%
Current Estimated Value
$470,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,258
Avg. Annual Appreciation
37.38%
Original Mortgage
$418,163
Outstanding Balance
$375,704
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$107,548

Purchase Details

Closed on
Aug 17, 2018
Sold by
Herfel George E and Lynch Katherine T
Bought by
Forenski William M and Karlik Patience

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Albitz Brock R $110,000 None Available
Forenski William M $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albitz Brock R $418,163
Previous Owner Forenski William M $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $110,000 -6.0% --
08/24/2020 08/24/20 Pending -- -- --
05/31/2020 05/31/20 Price Changed $117,000 -4.1% --
03/03/2020 03/03/20 For Sale $122,000 -- --
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 $1,544 $3,900 $3,900 $0
2023 $1,542 $3,900 $3,900 $0
2022 $1,517 $3,900 $3,900 $0
2021 $154 $3,900 $3,900 $0
2020 $145 $3,900 $3,900 $0
2019 $146 $3,900 $3,900 $0
2018 $147 $3,900 $0 $0
2017 $149 $3,900 $0 $0
2016 $131 $3,900 $0 $0
2015 $135 $3,900 $0 $0
2014 $133 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU157368

Bright MLS

APN: 234-24.00-332.01