NOT LISTED FOR SALE

32280 River Rd Millsboro, DE 19966

Millsboro Area

Estimated Value: $427,000 - $1,030,000

0.37 Acre
$2,104,595 Price per Acre
16,117 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $375,000

Est. 108% increase in value since last sale

Current estimated payment $4,384 / mo

493 Days on Market

Highlights

  • 49 Feet of Waterfront
  • Access to Tidal Water
  • No HOA
  • Boat or Launch Ramp
  • Bay View

About This Lot

As of March 2022

Beautiful bay front lot with boat ramp, pier, hoist and boat house with top deck in a boaters paradise. An older home was professionally torn down in October 2020. The property value is in the bay front land for future building potential. Stone drive and boat ramp shared with neighboring property. Ask about a home design that's ready to go that perfectly fits on this property. Public water and sewer. No HOA.

Last Agent to Sell the Property

Robin Bunting

(302) 273-4998 ashley.hess@compass.com Compass License #RA-0020918 Listed on: 10/31/2020

Compass

Last Buyer's Agent

DEBBIE REED

(302) 227-4800 debbie@debbiereed.com RE/MAX Realty Group Rehoboth License #RS-0010229

RE/MAX Realty Group Rehoboth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $331

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Dimensions are 49.00 x 331.00
  • 49 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned MR

Schools

  • Long Neck Elementary School
  • Indian River High School

Additional Features

  • Bay Views
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 234-34.11-55.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Tidal Water
  • Water Access
  • Property near a bay
  • Boat or Launch Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$331

Lot Details

0.37 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 29.47

Exterior Features

  • Construction Completed: No
  • View: Bay
  • Water Access: Yes
  • Water Body Name: Indian River Bay
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 49

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LONG NECK
  • High School: INDIAN RIVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.37
  • Lot Dimensions: 49.00 x 331.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Possible Use: Residential
  • Topography Description: Flat lot, house recently torn down and ground professionally leveled.
  • Zoning: MR
  • 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: 5166921
  • School Tax: 292.00
  • Tax Annual Amount: 331.00
  • Assessor Parcel Number: 234-34.11-55.00
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Boat/Launch Ramp

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Robin Bunting
Compass
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%
Current Estimated Value
$778,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,700
Avg. Annual Appreciation
18.29%

Purchase Details

Closed on
Feb 5, 2021
Sold by
Bought by

Purchase Details

Listed on
Feb 5, 2020
Closed on
Sep 10, 2020
Sold by
Bought by
Seller's Agent
Charles Rappa
Long & Foster Real Estate, Inc.
Buyer's Agent
Robin Bunting
Compass
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%

Purchase Details

Listed on
Mar 29, 2012
Closed on
Sep 25, 2012
Sold by
Bought by
Seller's Agent
Cindy Baker
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
DEBBIE REED
RE/MAX Realty Group Rehoboth
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%
Original Mortgage
$460,687
Interest Rate
0.0359%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Sergovic Carmean Weidman Mccar
-- None Available
$415,000 None Available
$545,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Open $250,000
Closed $300,000
Previous Owner $460,687
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $375,000 -21.1% --
10/31/2020 10/31/20 For Sale $475,000 +14.5% --
09/10/2020 09/10/20 Sold $415,000 -2.4% $193 / Sq Ft View Prior Sale
07/22/2020 07/22/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $425,000 -22.0% $198 / Sq Ft
09/25/2012 09/25/12 Sold $545,000 0.0% $253 / Sq Ft View Prior Sale
07/28/2012 07/28/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $545,000 -- $253 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,292 $8,800 $2,300 $6,500
2024 $246 $8,800 $2,300 $6,500
2023 $363 $8,800 $2,300 $6,500
2022 $358 $8,800 $2,300 $6,500
2021 $347 $8,800 $2,300 $6,500
2020 $355 $8,800 $2,300 $6,500
2019 $354 $8,800 $2,300 $6,500
2018 $357 $8,800 $0 $0
2017 $360 $8,800 $0 $0
2016 $320 $8,800 $0 $0
2015 $329 $8,800 $0 $0
2014 -- $8,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Bunting

    Seller's Agent in 2022

    Robin Bunting

    Compass

    (302) 332-0830

    2 in this area

    73 Total Sales

    Robin Bunting
    Section Image
  • DEBBIE REED

    Buyer's Agent in 2022

    DEBBIE REED

    RE/MAX

    (302) 227-3818

    2 in this area

    734 Total Sales

    DEBBIE REED
    Section Image
  • Cyndi Marsh

    Buyer Co-Listing Agent in 2022

    Cyndi Marsh

    RE/MAX

    (302) 363-5734

    81 Total Sales

    Cyndi Marsh
    Section Image
  • Charles Rappa

    Seller's Agent in 2020

    Charles Rappa

    Long & Foster

    (302) 328-7050

    23 Total Sales

    Charles Rappa
    Section Image
  • Cindy Baker

    Seller's Agent in 2012

    Cindy Baker

    BHHS PenFed (actual)

    (302) 542-2786

    26 Total Sales

    Cindy Baker
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DESU172402

Bright MLS

APN: 234-34.11-55.00

Delaware Sussex County Millsboro 19966

32280 River Rd, Millsboro, DE

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