NOT LISTED FOR SALE

29569 Nor Easter Dr Millsboro, DE 19966

Estimated Value: $130,335 - $149,000

1 Bed
1 Bath
480 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $135,000 $281 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $763/month

1 Day on Market

Highlights

  • 65 Feet of Waterfront
  • River View
  • No HOA
  • Selbyville Middle School Rated A-
  • Stream or River on Lot
  • Paneling

About This Home

As of May 2024

Waterfront property with a beautiful view of the Indian River Bay. Improved by a one bedroom, one bath structure and a 12X12 shed. House appears to be structurally sound but in need of major refurb. The large majority of the property sits above the flood plain. Only the area immediately adjacent to the bay is in the flood plain. The Buyer acknowledges that the property is being sold 'as is' with all faults and defects, whether known or unknown, presently existing or that may hereafter arise. The Seller makes no warranties or representations of any kind regarding the condition of the property. This is an estate sale. Property was used very sparingly in recent years. Heirs do not know the condition of the septic. Assume septic needs replacement.

Last Agent to Sell the Property

LARRY SPRIGG

JACK LINGO MILLSBORO License #RS-0022278 Listed on: 03/12/2024

JACK LINGO MILLSBORO

Last Buyer's Agent

LARRY SPRIGG

JACK LINGO MILLSBORO License #RS-0022278 Listed on: 03/12/2024

JACK LINGO MILLSBORO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $231

Year Built

  • Built in 1958

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100.00 x 215.00
  • 65 Feet of Waterfront
  • Home fronts navigable water
  • Level Lot
  • Property is zoned GR

Home Design

  • Cabin
  • Fixer Upper
  • Block Foundation
  • Frame Construction
  • Wood Roof
  • Shingle Siding

Interior Spaces

  • 480 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Living Room
  • River Views
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Unpaved Parking

Outdoor Features

  • Water Access
  • River Nearby
  • Stream or River on Lot

Location

  • Flood Risk

Schools

  • East Millsboro Elementary School
  • Millsboro Middle School
  • Indian River High School

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 220 Volts
  • Well
  • Electric Water Heater
  • Cesspool

Community Details

  • No Home Owners Association
  • Possum Point Subdivision

Listing and Financial Details

  • Tax Lot 1314
  • Assessor Parcel Number 233-01.00-55.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$231

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-13
  • Federal Flood Zone: Yes
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Waterfront property with a beautiful view of the Indian River Bay. Improved by a one bedroom, one bath structure and a 12X12 shed. House appears to be structurally sound but in need of major refurb. The large majority of the property sits above the flood plain. Only the area immediately adjacent to the bay is in the flood plain. The Buyer acknowledges that the property is being sold 'as is' with all faults and defects, whether known or unknown, presently existing or that may hereafter arise. The Seller makes no warranties or representations of any kind regarding the condition of the property. This is an estate sale. Property was used very sparingly in recent years. Heirs do not know the condition of the septic. Assume septic needs replacement.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Oven/Range - Electric, Refrigerator, Water Heater, Washer
  • Fireplace: No
  • Wall Ceiling Types: Paneled Walls
  • Foundation Details: Block
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Kitchen, Bathroom 1
  • Basement: No
  • Total Sq Ft: 480
  • Living Area Sq Ft: 480
  • Price Per Sq Ft: 229.17
  • Above Grade Finished Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29569

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block, Shingle Siding
  • Roof: Wood
  • View: River
  • Water Access: Yes
  • Water Body Name: Indian River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 65

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Electric Service: 220 Volts
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Cess Pool
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • Elementary School: EAST MILLSBORO
  • Middle School: MILLSBORO
  • High School: INDIAN RIVER
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396898
  • School District Source: Listing Agent
  • Elementary School: EAST MILLSBORO
  • High School: INDIAN RIVER
  • Middle Or Junior School: MILLSBORO

Lot Info

  • Horses: No
  • Land Use Code: 999
  • Lot Features: Level
  • Lot Size Acres: 0.49
  • Lot Dimensions: 100.00 x 215.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: GR
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 206.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 231.00
  • Assessor Parcel Number: 233-01.00-55.00
  • Tax Lot: 1314
  • Tax Total Finished Sq Ft: 480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

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
Mar 12, 2024
Closed on
May 10, 2024
Sold by
Sell Ralph and Sell Ralph L
Bought by
Kbar Holdings Llc
Seller's Agent
LARRY SPRIGG
JACK LINGO MILLSBORO
Buyer's Agent
LARRY SPRIGG
JACK LINGO MILLSBORO
List Price
$110,000
Sold Price
$135,000
Premium/Discount to List
$25,000
22.73%
Views
114
Current Estimated Value
$137,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,584
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Sep 27, 2002
Bought by
Sell Ralph L
Source: Public Records

Range of Values:

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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
Kbar Holdings Llc $135,000 None Listed On Document
Sell Ralph L $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $135,000 +22.7% $281 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $110,000 -- $229 / 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 $232 $5,600 $2,250 $3,350
2023 $231 $5,600 $2,250 $3,350
2022 $228 $5,600 $2,250 $3,350
2021 $221 $5,600 $2,250 $3,350
2020 $211 $5,600 $2,250 $3,350
2019 $210 $5,600 $2,250 $3,350
2018 $212 $5,600 $0 $0
2017 $213 $5,600 $0 $0
2016 $188 $5,600 $0 $0
2015 $194 $5,600 $0 $0
2014 $191 $5,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LARRY SPRIGG

    Seller's Agent in 2024

    LARRY SPRIGG

    JACK LINGO MILLSBORO

    (443) 253-0694

    12 in this area

    30 Total Sales

    LARRY SPRIGG
    Section Image
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Map

Source: Bright MLS

MLS Number: DESU2056588

Bright MLS

APN: 233-01.00-55.00

Delaware Sussex County Millsboro 19966

29569 Nor Easter Dr, Millsboro, DE

This home is located at 29569 Nor Easter Dr, Millsboro, DE 19966 since 12 March 2024 and is currently estimated at $137,584, approximately $286 per square foot. This property was built in 1958. 29569 Nor Easter Dr is a home located in Sussex County with nearby schools including John M. Clayton Elementary School, Selbyville Middle School, and Indian River High School.

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