NOT LISTED FOR SALE

31901 Steel Dr Millsboro, DE 19966

Estimated Value: $74,404 - $146,000

0.16 Acre
$663,344 Price per Acre
6,970 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $100,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $583/month

12 Days on Market

About This Lot

As of June 2021

**ACCEPTED OFFER WAITING ON SIGNATURES Excellent location to build your own home on this large, corner lot in Steele Land Development. Located close to all shopping and restaurant amenities including a public golf course and public boat launch at Massey's Landing! The existing 1.5 car garage has a newer roof, inside shower, and water heater. The lot features mature trees and is cleared to build a home. Public sewer is coming in July 2022 and the property is connected to a well with public water available from the street. No HOA in this small community. There are 2 other properties also for sale under DESU183216 with a house on the lot and DESU183230 as a vacant lot

Last Agent to Sell the Property

Melinda Ingram

Jack Lingo - Rehoboth License #RS-0017875 Listed on: 05/15/2021

Jack Lingo - Rehoboth

Last Buyer's Agent

Meme ELLIS

Keller Williams Realty License #RS-0024084

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $339

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 49.00 x 150.00
  • Cleared Lot
  • Partially Wooded Lot

Utilities

  • Public Hookup Available For Water
  • Well
  • On Site Septic
  • Sewer Tap Fee

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 234-23.00-256.01

Property Details

Property Type

Land

Est. Annual Taxes

$339

Lot Details

0

Listing Details

  • Property Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: **ACCEPTED OFFER WAITING ON SIGNATURES Excellent location to build your own home on this large, corner lot in Steele Land Development. Located close to all shopping and restaurant amenities including a public golf course and public boat launch at Massey's Landing! The existing 1.5 car garage has a newer roof, inside shower, and water heater. The lot features mature trees and is cleared to build a home. Public sewer is coming in July 2022 and the property is connected to a well with public water available from the street. No HOA in this small community. There are 2 other properties also for sale under DESU183216 with a house on the lot and DESU183230 as a vacant lot
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 21.38
  • Street Number Modifier: 31901

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Sewer Tap Fee, On Site Septic
  • Water Source: Public Hook-Up Available, Well

Condo/Co-op/Association

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

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: RT
  • Lot Features: Cleared, Partly Wooded
  • Lot Size Acres: 0.16
  • Lot Dimensions: 49.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Year Assessed: 2020
  • Zoning: RES
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 298.00
  • Tax Annual Amount: 339.00
  • Assessor Parcel Number: 234-23.00-256.01
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/25/2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Mar 2, 2020
Sold by
Marroni John C
Bought by
Cove Village Improvement
Seller's Agent
Michael Dominguez
Jack Lingo - Lewes
Buyer's Agent
Melinda Ingram
Jack Lingo - Rehoboth
List Price
$84,900
Sold Price
$50,000
Premium/Discount to List
-$34,900
-41.11%
Current Estimated Value
$106,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,135
Avg. Annual Appreciation
14.64%
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
Cove Village Improvement $50,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $100,000 -32.9% $185 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $149,000 +198.0% $276 / Sq Ft
03/02/2020 03/02/20 Sold $50,000 -28.5% $93 / Sq Ft
12/04/2019 12/04/19 Price Changed $69,900 -17.7% $129 / Sq Ft
02/19/2019 02/19/19 For Sale $84,900 -- $157 / 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 -- $9,000 $1,200 $7,800
2023 $103 $9,000 $1,200 $7,800
2022 $366 $9,000 $1,200 $7,800
2021 $355 $9,000 $1,200 $7,800
2020 $339 $9,000 $1,200 $7,800
2019 $337 $9,000 $1,200 $7,800
2018 $340 $9,000 $0 $0
2017 $343 $9,000 $0 $0
2016 $302 $9,000 $0 $0
2015 $312 $9,000 $0 $0
2014 $334 $9,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU183228

Bright MLS

APN: 234-23.00-256.01