NOT LISTED FOR SALE

320 Mullet Run St Milford, DE 19963

Estimated Value: $272,295 - $562,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold September 15, 2022

Last sale price $182,000

Est. 117% increase in value since last sale

Current estimated payment $2,141/month

About This Lot

As of September 2022

Business Parks & Available Land
The City of Milford has available land for sale in the Greater Milford Business Park and Independence Commons. Located along Airport Road in northwest Milford, these business parks are strategically located between Route 113, Route 15 and Route 14, providing excellent access to north-south and east-west transportation routes in lower Delaware. Independence Commons is home to the Delaware Veterans Home, Delaware Hospice, the Greater Milford Boys and Girls Club, several existing office buildings and the Can-Do Playground. Build-able lots with access to sewer, water, storm-water, electric and natural gas are available at various sizes, including one +/- acres, to three acre lot. Both business parks are subject to Covenants and Restrictions. Independence Commons is zoned OC-1 (Office Complex) while the Greater Milford Business Park is zoned BP (Business Park).

Last Agent to Sell the Property

Keith Walpole

(302) 856-4000 keithwalpole@yahoo.com R&R Commercial Realty Listed on: 07/28/2022

Last Buyer's Agent

Keith Walpole

(302) 856-4000 keithwalpole@yahoo.com R&R Commercial Realty Listed on: 07/28/2022

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 1.00 x 0.00
  • Property is zoned BP

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0314-000
  • Assessor Parcel Number MD-16-17300-01-0314-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 91000.00

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: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2.00
  • Zoning: BP
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5845716
  • Assessor Parcel Number: MD-16-17300-01-0314-000
  • Tax Lot: 0314-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MILFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 13, 2022
Sold by
City Of Milford
Bought by
Napa Valley Investments Llc
Seller's Agent
Keith Walpole
R&R Commercial Realty
Buyer's Agent
Keith Walpole
R&R Commercial Realty
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$395,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,432
Avg. Annual Appreciation
27.16%
Original Mortgage
$900,000
Outstanding Balance
$859,011
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$463,579

Purchase Details

Closed on
Dec 28, 2012
Sold by
Alexander Roger
Bought by
The City Of Milford
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Napa Valley Investments Llc -- --
The City Of Milford -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Napa Valley Investments Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $182,000 0.0% --
07/28/2022 07/28/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $182,000 -- --
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
2025 $734 $194,800 $194,800 $0
2024 $734 $194,800 $194,800 $0
2023 $297 $13,200 $13,200 $0
2022 $0 $13,200 $13,200 $0
2021 $0 $13,200 $13,200 $0
2020 $0 $13,200 $13,200 $0
2019 $0 $13,200 $13,200 $0
2018 $0 $12,000 $12,000 $0
2017 $0 $12,000 $0 $0
2016 -- $12,000 $0 $0
2015 -- $12,000 $0 $0
2014 -- $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Walpole

    Seller's Agent in 2022

    Keith Walpole

    R&R Commercial Realty

    (302) 856-4000

    32 in this area

    76 Total Sales

    Keith Walpole
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Map

Source: Bright MLS

MLS Number: DEKT2012874

Bright MLS

APN: 5-16-17300-01-0314-000

Delaware Kent County Milford 19963

320 Mullet Run St, Milford, DE

Not Listed for Sale

Lots

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