NOT LISTED FOR SALE

31406 River Rd Unit 9234 Millsboro, DE 19966

Estimated Value: $114,000 - $155,000

1 Bed
1 Bath
900 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $45,000 $50 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $741/month

612 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Water Oriented
  • Wood Burning Stove
  • No HOA

About This Home

As of November 2021

Excellent opportunity with low monthly lot rent of $662.50 per month. Imagine sitting on your back deck on a warm summer evening enjoying the waterfront views of the Indian River. Now is the opportunity to no longer imagine. Adorable 1 or 2 bedroom year round cottage situated on the Indian River. This well maintained cottage features an open living, dining and kitchen area. The exterior features a maintenance free deck along with 2 storage sheds for all of your boating and fishing gear. The natural driveway system filters rainwater runoff. The house is situated on a high bank where you can enjoy your own "living shoreline." The "living shoreline" stabilizes against erosion, while maintaining the natural beauty that supports the salt marsh habitat and aquatic life that keeps the Indian River the place you want to call home.

Last Agent to Sell the Property

SHERRY MITCHELL

(302) 934-8818 sherry.mitchell@indianriverland.com INDIAN RIVER LAND CO License #RS-0022341 Listed on: 02/03/2020

Last Buyer's Agent

Brandon Duran

(302) 539-1777 brandonchhs2015@gmail.com Coldwell Banker Realty License #RS0036465

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • 100 Feet of Waterfront
  • Land Lease of $663 per month expires in 5 years
  • Ground Rent
  • Property is in very good condition
  • Property is zoned AR

Parking

  • Driveway

Home Design

  • Bungalow
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Partially Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234-34.10-47.00-9234

Home Details

Home Type

Single Family

Est. Annual Taxes

$156

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Land Lease
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, Kitchen - Eat-In, Window Treatments, Stove - Wood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 55.44
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

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
  • Other Structures List: Shed
  • Construction Materials: Stick Built
  • Roof: Architectural Shingle
  • Water Access: No
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 3950.00
  • Land Lease Amount: 662.50
  • Land Lease Amt Freq: Monthly
  • Land Lease Years Remaining: 5
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Furnished: Partially
  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5166825
  • School Tax: 138.00
  • Tax Annual Amount: 156.00
  • Assessor Parcel Number: 234-34.10-47.00-9234
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: INDIAN RIVER
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $45,000 -9.8% $50 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $49,900 0.0% $55 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $49,900 0.0% $55 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $49,900 -23.1% $55 / Sq Ft
09/02/2020 09/02/20 Price Changed $64,900 -7.2% $72 / Sq Ft
08/12/2020 08/12/20 For Sale $69,900 0.0% $78 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $69,900 -- $78 / Sq Ft
Source: Bright MLS

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 $99 $3,950 $0 $3,950
2024 $175 $3,950 $0 $3,950
2023 $175 $3,950 $0 $3,950
2022 $173 $3,950 $0 $3,950
2021 $168 $3,950 $0 $3,950
2020 $161 $3,950 $0 $3,950
2019 $160 $3,950 $0 $3,950
2018 $161 $3,950 $0 $0
2017 $163 $3,950 $0 $0
2016 $145 $3,950 $0 $0
2015 $149 $3,950 $0 $0
2014 $147 $3,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU155104

Bright MLS

APN: 234-34.10-47.00-9234